Day: January 11, 2024

OpenAI Signs Up 260 Businesses for Corporate Version of ChatGPT

January 11, 2024

Google Cloud rolls out new gen AI products for retailers

Google Cloud has unveiled new generative AI products designed to help retailers personalize their online shopping experiences and streamline their back-office operations, coinciding with the National Retailer Association’s annual conference in NYC. One of Google Cloud’s new products, Conversational Commerce Solution, allows retailers to embed gen AI-powered agents on their websites and mobile apps, […]

January 11, 2024

Generative AI isn’t a home run in the enterprise

Generative AI, while receiving significant attention in the press, is facing skepticism from businesses about its potential impact on their bottom lines. A Boston Consulting Group (BCG) poll revealed that 66% of C-suite executives expressed ambivalence or dissatisfaction with their organization’s progress on GenAI. Executives cited talent and skills shortages, unclear roadmaps, and a lack […]

January 11, 2024

One of the world’s largest AI training datasets is about to get bigger and ‘substantially better’

EleutherAI, a key player in the development of large language model (LLM) training datasets, has faced legal and ethical scrutiny due to copyright and data licensing concerns, putting a spotlight on the significant impact of these datasets on popular language models like GPT-4 and Llama. Despite legal challenges, EleutherAI is collaborating with organizations such […]

January 11, 2024

AI ads are sweeping across Africa

In Kenya, businesses face tough economic conditions, with the devaluation of the shilling and decreased spending power affecting companies listed on the Nairobi Securities Exchange. AI is gaining ground in the Kenyan advertising industry, leading to shifts in processes and opportunities, as professionals adapt to the technology’s impact on traditional creative work. Despite the lack […]

January 11, 2024

OpenAI-backed 1X raises another $100M for the race to humanoid robots

The robotics company 1X, with its humanoid robot NEO, has secured significant funding of $125 million, with OpenAI’s involvement drawing attention due to its leading role in generative AI technology. The introduction of humanoid robots like NEO aims to address global labor shortages by leveraging their ability to navigate environments designed for humans. However, there […]