Month: December 2023

Key Points: Artificial Intelligence (AI) has revolutionized ecommerce by enhancing data processing, introducing personalized customer experiences, and offering scalability. The efficacy of AI in ecommerce depends largely on the quality and quantity of data available. Accurate and diverse data is necessary for AI models to make accurate predictions and recommendations. Personalization has become a key … Read more AI Playbook for Ecommerce: Personalize, Scale and Decode Data

The European Union’s Artificial Intelligence Act could significantly impact the web3 industry and blockchain applications by enforcing the protection of fundamental rights. Blockchain’s inherent characteristics of immutability, traceability, and transparency can bolster AI’s trustworthiness and ensure data ownership, which are vital considerations under the proposed Act. Simultaneously, AI’s pattern recognition abilities can improve blockchain applications, … Read more Blockchain’s secret weapon: a touch of AI

Global motion plastics manufacturer, igus, has launched a free mobile application called igusGO, which uses artificial intelligence (AI) to assist users in identifying suitable motion plastics products for their application. The app can recognize over 450 industrial applications by using a simple photo of the machine or equipment. igusGO also aids in the reordering of … Read more Experience AI magic with igus’ latest innovation, the igusGO app

NRI Secure Technologies, a global provider of cybersecurity services, has launched AI Red Team, a new service to assess security for systems utilising generative AI. The service aims to identify potential vulnerabilities associated with Large Language Models (LLMs), a form of AI technology experiencing growing use across various sectors. AI Red Team will highlight issues … Read more NRI Secure, your AI Red Team, security for generative AI systems.

OpenAI users reported that the platform’s chatbot, ChatGPT, was operating on a new AI model named “gpt-4.5-turbo.” OpenAI staff and CEO Sam Altman denied the claims, suggesting that the chatbot may have “hallucinated” the existence of the new model. OpenAI, the artificial intelligence research lab, is a subject of speculative chat by its users. Some … Read more OpenAI’s new AI model – Reality or just a mirage?

Key points include: The finance industry is at risk of disruption due to the growth of AI, the migration of tech talent from finance to tech, and the desire of big tech companies to enter the finance sector. Leaders in finance need to accept a necessary culture shift, avoid settling for AI illusions, and proactively … Read more AI Disruption: A Guide to Bank Resilience and Adaptability

Artificial Intelligence (AI) was a leading industry trend in 2023, with 152 S&P 500 companies citing “AI” during their earnings calls in the third quarter. Marco Argenti of Goldman Sachs predicts the emergence of hybrid AI and a shift towards more refined AI models in 2024. Vertical applications of AI are likely to attract increased … Read more AI stormed 2023, brace yourself for 2024’s twist.

Key Points: Generative AI startups attracted nearly $10 billion of investment in 2023, more than double the amount from the previous year, despite the total venture capital money given to tech startups falling. Elon Musk’s AI project, Grok, has been released in beta to subscribers of X Premium+ service at $16 a month. Meta is … Read more Ray-Ban lenses track your sight, AI startups fascinate investors.

Former Pakistan Prime Minister, Imran Khan, uses artificial intelligence (AI) to campaign in an online rally from jail. The AI-generated video was part of a nearly five-hour live-streamed rally that had over 1.5 million views on YouTube. This move has stirred concerns about the increasing use of AI and deepfakes in political campaigns. Imran Khan, … Read more Imran Khan’s Deepfake Dazzles at Online Rally From Pakistan Jail