Banks have historically been at the forefront of technological advancements, they are renowned for using computers as well as providing internet-based financial services. However, the rise of AI has brought with it a new dawn of innovations. These days, artificial intelligence (AI) is disrupting the entire banking sector in several ways. These technologies range from … [Read more...] about AI in Banking – How Artificial Intelligence is Used in Banks
BigData
Lack of Governance, Infrastructure Readiness, and IT Talent Leading to Enterprise GenAI Struggles: New Report
Nearly all organizations surveyed view GenAI as a top 5 priority, but just 44% have comprehensive governance policies in place. Organizations cite security, infrastructure, and data management as top barriers to adoption. Despite growing interest and enthusiasm for Generative AI (GenAI), significant challenges are emerging that threaten the success of GenAI projects, … [Read more...] about Lack of Governance, Infrastructure Readiness, and IT Talent Leading to Enterprise GenAI Struggles: New Report
Business Leaders Must Prioritize Data Quality to Ensure Lasting AI Implementation
Preparing data properly may seem like an extra, arduous task, but without it, specialized AI will flounder. Already, AI is irreversibly entwined with a myriad of diverse business practices. And it is hungry for data. But feeding it the right data can make or break its integration — and the trust of those it affects. Understanding quality data and how to wield it, therefore, … [Read more...] about Business Leaders Must Prioritize Data Quality to Ensure Lasting AI Implementation
SandboxAQ Helps Unlock the Next Generation of AI-Driven Chemistry with NVIDIA Technology
SandboxAQ’s Quantitative AI models combined with the CUDA-DMRG algorithm accelerates computational chemistry calculations by 80x and catalyzes a new wave of breakthrough applications across industries SandboxAQ announced today a groundbreaking advancement that pushes the limits of computational chemistry, impacting fields such as biopharma, chemicals, materials science … [Read more...] about SandboxAQ Helps Unlock the Next Generation of AI-Driven Chemistry with NVIDIA Technology
In AI We Don’t Trust: Too Many Healthcare Insurers Base Decisions on Assumption Over Data, Report Reveals
Poor data access, fears around job displacement, and lack of trust in AI is holding back the US health insurance market The healthcare insurance sector in the US is struggling to make critical decisions due to a severe lack of accessibility, context and trust in their data. That is according to a new international study by ActiveOps, a leading provider of AI-powered … [Read more...] about In AI We Don’t Trust: Too Many Healthcare Insurers Base Decisions on Assumption Over Data, Report Reveals
HPC/AI User Forum Event September 4-5 at Argonne National Laboratory, Lemont, Illinois Features Real-World Uses of AI in Industry, Science & Energy
The HPC User Forum, established in 1999 to promote the health of the global HPC industry and address issues of common concern to users, has opened registration for its upcoming meeting, September 4-5, 2024, at Argonne National Laboratory in Lemont, Illinois. The HPC User Forum is internationally recognized for its diverse user participation and facilitation of invaluable … [Read more...] about HPC/AI User Forum Event September 4-5 at Argonne National Laboratory, Lemont, Illinois Features Real-World Uses of AI in Industry, Science & Energy
NPUs are Emerging as the Main Rival to NVIDIA’s AI Dominance
NVIDIA’s competitive advantage is built around graphics processing units (GPUs), which are large, expensive and energy intensive Fueled by the rise of Generative AI, the semiconductor market has established itself as one of the most profitable industries globally − the sector is already worth over $600 billion, with this figure set to increase to $1 trillion by 2030. During … [Read more...] about NPUs are Emerging as the Main Rival to NVIDIA’s AI Dominance
How Private Networks Are Driving the Data-Powered Enterprise of Tomorrow
The private network world is one which value wasn’t understood by enterprises until recently. As the landscape matured, enterprises began to see the benefit of investing into their networks with global revenue for private infrastructure anticipated to reach over $5 billion by 2027. Today, enterprises’ focus has shifted to how private networks can propel them into the next phase … [Read more...] about How Private Networks Are Driving the Data-Powered Enterprise of Tomorrow
Yellow.ai Study Unveils Growing Confidence in AI-First Automation Among North American Customer Service Executives
84.5% of respondents plan to or are already using AI in their customer service operations and contact centers Yellow.ai, a global leader in AI-first customer service automation, has unveiled research titled ‘Betting Big on AI-First: Insights from Customer Service Leaders.’ The study sheds light on AI adoption trends within North American customer service operations and … [Read more...] about Yellow.ai Study Unveils Growing Confidence in AI-First Automation Among North American Customer Service Executives
Down on the Digital Farm: How AI is Plowing the Fields of Agricultural Innovation
Daniel D. Gutierrez, Editor-in-Chief & Resident Data Scientist, insideAI News, is a practicing data scientist who’s been working with data long before the field came in vogue. He is especially excited about closely following the Generative AI revolution that’s taking place. As a technology journalist, he enjoys keeping a pulse on this fast-paced industry. Well, butter my … [Read more...] about Down on the Digital Farm: How AI is Plowing the Fields of Agricultural Innovation