article thumbnail

Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. This usage was highest in the technology sector, and among respondents from North America, the report showed.

article thumbnail

RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa

TechCrunch

Some technologies have helped deal with this menace; for instance, radio frequency identification, which works by assigning serial numbers to containers of each product. More modern approaches are being adopted these days, which is the case of RxAll , a startup using deep technology to provide quality medication to patients.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

NLP helps Eli Lilly work at a global scale

CIO

With more than 30,000 employees spread across more than 60 affiliate locations and 14 manufacturing sites around the world, pharmaceutical company Eli Lilly operates at a truly global scale. From internal training materials to formal, technical communications to regulatory agencies, Lilly is translating information often,” says Timothy F.

article thumbnail

After 30 years, ‘Crossing the Chasm’ is due for a refresh

TechCrunch

When I was at Open Market in the 1990s, our CEO gave out the recently published book “ Crossing the Chasm ” to the executive team and told us to read it to gain insight into why we had hit a speed bump in our scaling. Despite our exuberant optimism, we keep getting the potential market size wrong. The reason?

article thumbnail

AgBiome lands $166M for safer crop protection technology

TechCrunch

The microbes already discovered are used by humans for things like pharmaceuticals, food and agriculture. Due to its safer formula, Howler can be used as the last spray in the program, and its differentiator is a shorter re-entry period — farmers can spray in the morning and be able to go back out in the field in the afternoon.

article thumbnail

Accelerating Aerospace Organizational Innovation, Speed, and Resilience with Digital Technologies

CIO

Their products, research, and technologies are changing the way the world works. The impact of space technology, on other industries, is wide and vast, and the innovation ripple of research has spurred many high-profile products, including Teflon and CAT scans, as well as many more developments from NASA.

article thumbnail

AI adoption accelerates as enterprise PoCs show productivity gains

CIO

Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We A human reviews it to make sure it makes sense, and if it does, the AI incorporates that into the learning model,” she says.