Category: Statistical Analysis

ServiceNow expands platform with additional generative AI capabilities to ease enterprise productivity   

By infusing generative AI features, ServiceNow aims to help customers drive business value from a single platform.

UBS projects 61% compound annual growth rate for AI demand between 2022 and 2027

The report is an acknowledgment of the huge financial potential of the emerging sector surrounding generative AI and related technology.

Nvidia announces availability of DGX Cloud on Oracle Cloud Infrastructure for generative AI training 

Nvidia said that DGX Cloud is designed to meet the massive supercomputing demands for training generative AI and large language models.

Genpact teams up with Microsoft to empower its workforce with generative AI tools

Genpact aims to empower business teams with generative AI use cases, enhancing employee productivity, operational efficiency and agility.

59% of orgs lack resources to meet generative AI expectations: Study 

Budget constraints and limited resources emerged as critical barriers to successful generative AI adoption across enterprises.

MosaicML launches MPT-7B-8K, a 7B-parameter open-source LLM with 8k context length

MosaicML claims that the MPT-7B-8K LLM exhibits exceptional proficiency in summarization and answering tasks compared to previous models.

Splunk unveils Splunk AI to ease security and observability through generative AI 

The Splunk AI assistant employs generative AI to enable users to engage in natural language conversations and develop queries.

KPMG to invest $2 billion in AI in expanded partnership with Microsoft

KPMG has pledged a $2 billion investment in Microsoft Cloud and AI services over the next five years to streamline workforce efficiency.

RecruitBot raises more funding to expand AI-driven recruitment platform

RecruitBot aims to empower recruiters by aiding talent sourcing and expediting the hiring process through AI and machine learning.

Kumo empowers deep learning in Snowflake Data Cloud through Snowpark Container Services

The new integration will run Kumo AI services directly on the Snowflake Data Cloud through Snowpark Container Services.