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How to kick-start your generative AI strategy

CIO

Let AI take the first crack at it, edit it, fill in the blanks, and then let the human worker review it,” he says. This type of AI assistant can be delivered through a pre-built, off-the-shelf AI solution. How do you lose the AI race? By not entering. McAfee counters that such risks are manageable.

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How Off-the-Shelf Tech Can Make Factories More Profitable

Harvard Business Review

Too often, smaller companies are intimidated by the high costs, complexity, and long installation times that high-end smart factory systems can require. This is short-sighted. Companies can see big financial benefits by utilizing existing data and simpler technologies to reduce waste, labor costs, overhead, and utility expenses.

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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 We don’t want to just go off to the next shiny object,” she says. “We Webster Bank is following a similar strategy.

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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

One tracks shoppers and objects across multiple camera views as a building block for cashierless store systems; one aims to prevent ticket-switching fraud at self-service checkouts; and one is for building analytics dashboards from surveillance camera video. Nvidia isn’t packaging these workflows as off-the-shelf applications, however.

Retail 189
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Low code/no code tools reap IT benefits—with caveats

CIO

If we had to write 15 different pricing systems, it could’ve taken years,” requiring backend fulfillment systems and credit checks for each specific price. A September 2021 Gartner report predicted that by 2025, 70% of new applications developed by enterprises will use low-code or no-code technologies, up from less than 25% in 2020.

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VanMoof raises $128 million to become the world’s leading e-bike brand

TechCrunch

If you’re not familiar with VanMoof’s e-bikes, TechCrunch reviewed both the most recent S3 and X3 models. If you’re not familiar with VanMoof’s e-bikes, TechCrunch reviewed both the most recent S3 and X3 models. VanMoof X3 e-bike review: Transportation revelation. Last year, VanMoof raised a $40 million Series B.

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AI chip startup Mythic rises from the ashes with $13M, new CEO

TechCrunch

“While economic conditions are challenging right now, this new funding will help Mythic focus on its technology offering, go-to-market strategy and customer acquisition,” Dave Fick, Mythic’s newly appointed CEO, told TechCrunch in an email interview. Mythic initially worked on projects for the U.S. So what went wrong?