Category: Artificial Intelligence
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Dassault and Mistral AI partner to accelerate the Generative Economy
Dassault Systèmes and Mistral AI have joined forces in a strategic partnership aimed at revolutionizing industries through the power of artificial intelligence (AI). As we enter the era of the Generative Economy, this collaboration promises to accelerate the transition from product-centric to experience-centric solutions. The Power of Frontier AI The recent advancements in AI technologies, particularly Large Language
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Elastic introduces playground to accelerate RAG development with Elasticsearch
Elastic, a Search AI Company, announced Playground, a low-code interface that enables developers to build RAG applications using Elasticsearch in minutes. Playground’s intuitive interface allows users to A/B test different large language models (LLMs) and refine retrieval mechanisms to ground answers with the proprietary data indexed into Elasticsearch indices. “While prototyping conversational search, the ability
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Creatio Secures $200 Million to Enhance No-Code and AI-Powered CRM Solutions
Creatio, a prominent player in the no-code and AI-driven CRM market, has raised $200 million in a Series C funding round. Led by new investor One Peak, this infusion of capital will accelerate the development of Creatio’s innovative CRM solutions, enabling businesses to build and customize enterprise-grade applications without extensive coding knowledge. The funding will
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Amazon Enhances AI Assistant Q to Boost Call Center Efficiency
Amazon has announced significant upgrades to its AI assistant, Q, aiming to revolutionize call center operations. The enhanced Q is designed to improve efficiency by better handling customer inquiries and automating routine tasks. Leveraging advanced machine learning algorithms, Q can now provide more accurate responses, reduce wait times, and enhance overall customer satisfaction. This development
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Hebbia raises nearly $100M series B for AI-powered document search
Hebbia, an AI startup that uses generative AI to search large documents and return answers, has secured nearly $100 million in a Series B funding round led by Andreessen Horowitz. The company, founded in 2020 by George Sivulka during his PhD studies in electrical engineering at Stanford, aims to revolutionize information retrieval for professionals across
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Lenovo unveils next-gen AI solutions and advanced liquid cooling
Lenovo unveiled new comprehensive enterprise AI solutions designed to help any company develop and deploy AI with turnkey services, business-ready vertical solutions and energy-efficient innovations that accelerate the practical application of AI. To address AI applications of all types, the expansion includes new comprehensive services with NVIDIA through the Lenovo AI Center of Excellence, new
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92% of Indian workplaces have adopted ChatGPT, with the number of users doubling over the last year
A new study by DeskTime reveals that ChatGPT is used in 92% of Indian workplaces. The data shows that in almost all offices across the country, there are individual employees or entire departments that have integrated this AI tool into their daily operations. Overall, 42.6% of office workers in India use ChatGPT as of March 2024.
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Mindware adds AI services to MAGIC
Mindware, a value-added distribution in the Middle East and Africa, announced the expansion of its services under MAGIC (Mindware’s Aggregation Gateway for Innovation and Collaboration) to include now comprehensive AI services aimed at overcoming the challenges to AI adoption in enterprise settings. With a keen understanding of the hurdles such as recognizing AI’s value and
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Cloudera rolls out AI assistants to drive valuable data insights
Cloudera, a hybrid platform for data, analytics and AI, announced three new AI-driven assistants that empower customers to accelerate the development of data, analytics and AI business applications and gain more valuable data analysis. With these new capabilities, Cloudera expands its AI expertise and capabilities for customers to transform data anywhere into actionable insights. While
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Lessons from McDonald’s AI Drive-Thru Setback: Cautionary Advice for CIOs and Organizations
As reported by several media houses, the recent news of McDonald’s decision to end its AI drive-thru initiative serves as a significant case study for CIOs and organizations planning their AI investments. While AI holds immense potential to revolutionize various business operations, the McDonald’s experience underscores the importance of careful planning and strategic implementation. Simply
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