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American Honda IT to fuel innovation with generative AI

CIO

Generative AI takes a front seat As for that AI strategy, American Honda’s deep experience with machine learning positions it well to capitalize on the next wave: generative AI. The ascendent rise of generative AI last year has applied pressure on CIOs across all industries to tap its potential.

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

Insurance 269
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4 industries where chatbots will have the biggest impact

CIO

Enterprise spending on consumer-facing generative AI tools will grow from $40 billion in 2023 to $1.3 Nearly half of doctors believe that ChatGPT is a valuable tool now, and 77% believe that chatbots will be able to treat patients safely within five to 10 years, according to a March 2023 survey by Software Advice.

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Generative AI Revolution: A Comparative Analysis

Perficient

In the world of Generative Artificial Intelligence (AI), a new era of large language models has emerged with the remarkable capabilities. ChatGPT , Gemini , Bard and Copilot have made an impact in the way we interact with mobile device and web technologies. Text Only GPT-4.0: No GPT-4.0:

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IT leaders grapple with shadow AI

CIO

Soon after ChatGPT burst on the scene in November 2022, Chan realized generative AI would amount to far more than the just the latest technology flash-in-the-pan. Despite its immense promise, generative AI can expose sensitive and proprietary information to public view. Max Chan knew he had to do something.

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Allstate’s cloud-first approach to digital transformation pays off

CIO

But home and automobile insurance company Allstate is taking a different approach. based insurer has rebuilt its core application for claims processing, sales, and support, and plans to overhaul its entire portfolio of business processes, all with the aim to enhance and accelerate the customer experience.

Cloud 340
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Top Use Cases for Generative AI in Banking, FSI, & Insurance

Dataiku

Here's the scoop on Generative AI, according to a June 2023 Dataiku + Databricks survey of 400 senior AI professionals. Plus, 45% of respondents said they are already experimenting with Generative AI. This includes large language models (LLMs) , the tech behind ChatGPT.