HCLTech and IBM Collaboration: In a demonstration of the growing significance of AI in the tech sector, HCLTech has revealed its intention to train 10,000 of its staff on IBM’s watsonx AI and data platform. This joint effort with IBM aims to establish a Generative AI Center of Excellence (GenAI CoE) to enhance legacy applications,…
Gen AI is taking the mechanical bounds of fintech into long haul, making a difference fintech ended up more proficient, but where precisely is it being actualized? AI is proceeding its cross segment frenzy to imbed itself in businesses of all shapes, sizes and ranges of interest, and FinTech is one of them. With FinTech…
Introduction to Generative AI Generative AI refers to a subset of artificial intelligence technologies that have the ability to create content. This can include images, text, music, and even computer code. These systems learn from vast datasets to generate new content that is often indistinguishable from content created by humans. At the heart of Gen…
The Retrieval Augmented Generation (RAG) method offers a potential enhancement in how Generation AI retrieves information, offering businesses a more dependable solution for client interactions. With the rise of generative AI (GenAI) systems, businesses are eager to incorporate them into various aspects of their operations for optimization. These systems can be utilized in customer service…
Amazon has announced a commitment of up to $230 million for startups that are developing generative AI-powered applications. A significant portion of this investment, around $80 million, will be allocated to Amazon’s second AWS Generative AI Accelerator program. The goal is to establish AWS as a preferred cloud infrastructure option for startups working on generative…
For nearly 20 years, the AI-powered size and fit personalization tool True Fit has provided its size recommendation solution to thousands of retailers. With “Fit Hub,” a new tool that aims to make it easier for online shoppers to find clothing that fits their body type, the company is now entering the generative AI market….
Hitachi is strengthening its integration of GenAI into its operations by collaborating with Google Cloud and establishing the Hitachi Google Cloud Business Unit. This strategic partnership aims to enhance the conglomerate’s enterprise operations and drive the growth of its core digital business, Lumada. In addition to leveraging GenAI for various purposes such as customer service…
A bill was introduced in the US Congress on Tuesday with the aim of compelling artificial intelligence companies to disclose the copyrighted material they utilize to develop their generative AI models. This legislation is part of a growing movement by lawmakers, news outlets, and artists to determine how AI firms employ creative works such as…
