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GenAI

IBM’s Matthew Candy Sees Evidence of Innovation in Australia’s 2024 Pursuit of Generative AI Scale

Australian organisations are keeping pace with global innovation in generative AI, according to IBM Consulting Global Head of Generative AI Matthew Candy. A local legislative focus on regulating high-risk use cases could also foster AI’s potential in the local market, he said. Candy recently visited Australia and the broader APAC region to meet some of IBM Consulting’s regional clients and partners, many of whom will be moving from piloting generative AI to implementing models at scale throughout the calendar…

GenAI may add USD 1.2-1.5 tn to India’s GDP in next 7 years, ET Auto

In a digital world where talent can rise from anywhere, access to digital skills would be a game changer - a gateway to more equal opportunities for millions while unlocking India's demographic dividend.Generative AI is poised to usher in a new wave of innovation and productivity for India. An EY report estimates that GenAI could add USD 1.2-1.5 trillion to India's GDP in the next 7 years, with education and upskilling as critical drivers. In a digital world where talent

Colossyan uses GenAI to create corporate training videos

Most people don’t watch corporate training videos — or, in cases where the training’s mandatory, don’t give them their full attention. According to a recent poll from Kaltura, the video tech provider, 75% of staffers admit to skimming through training videos, watching them without sound or listening to them while multitasking. So, given that training videos aren’t cheap to produce, is there a way to make them more engaging and thus less of a money sink? Dominik Mate Kovacs, the co-founder and CEO of Colossyan, thinks…

GenAI in Data Engineering Beyond Text Generation

Artificial Intelligence (AI) is driving unprecedented advancements in data engineering, with Generative AI (GenAI) at the forefront of innovation. While GenAI, exemplified by ChatGPT, is renowned for its prowess in text generation, its applications in data engineering extend far beyond mere linguistic tasks. This article illuminates the diverse and transformative uses of ChatGPT in data engineering, showcasing its potential to revolutionize processes, optimize workflows, and unlock new insights in the realm of…

This Week in AI: Do shoppers actually want Amazon’s GenAI?

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week, Amazon announced Rufus, an AI-powered shopping assistant trained on the e-commerce giant’s product catalog as well as information from around the web. Rufus lives inside Amazon’s mobile app, helping with finding products, performing product comparisons and…

Apple says it’ll show its GenAI efforts ‘later this year’

Apple has tossed another crumb to investors wondering when the world will get to see some ‘Made in Cupertino’ GenAI: Expect Apple to reveal what it’s been working on in this buzzy slice of artificial intelligence “later this year”, per CEO Tim Cook. During an earnings call yesterday, Apple’s chief exec emphasized its ongoing investment in AI, alongside other — as he put it — “groundbreaking innovation”, such as the technologies which underpin Apple’s Vision Pro VR/AR headset, saying: “We continue to spend a…

How GenAI got much better at medical questions – thanks to RAG

RAG is important because the alternative is constantly re-training LLMs to keep up with changing medical knowledge, a task "which can quickly become prohibitively expensive at billion-parameter sizes" of the programs, they contend. The study breaks new ground in a couple of ways. First, it constructs a new approach -- called Almanac -- to retrieving medical information. The Almanac program retrieves medical background data using metadata from a 14-year-old medical reference database compiled by physicians called

Apache Kafka + Vector Database + LLM = Real-Time GenAI

Generative AI (GenAI) enables advanced AI use cases and innovation but also changes how the enterprise architecture looks. Large Language Models (LLM), vector databases, and retrieval augmentation generation (RAG) require new data integration patterns and data engineering best practices. Data streaming with Apache Kafka and Apache Flink is key to ingesting and curating incoming data sets in real-time at scale, connecting various databases and analytics platforms, and decoupling independent business units and data…

iPhone 15, iPhone 16 Shipments to Decline by Up to 15 Percent in 2024 Due to Multiple Factors: Ming-Chi Kuo

iPhone 15 series and iPhone 16 series shipments could decline significantly as the company faces various structural challenges, according to TF Securities International analyst Ming-Chi Kuo. The iPhone maker is contending with the rise of two new paradigms related to flagship smartphone design, while demand for its smartphones continues to decline in China, the analyst claims. Apple is expected to unveil its purported iPhone 16 lineup as the successors to its iPhone 15 series of smartphones in the second half of 2024.Kuo…