Inflection AI, a Palo Alto-based AI startup, has emerged as the latest rival to OpenAI, announcing a whopping $1.5 billion funding raise from some of the biggest names in tech. Microsoft founder Bill ...

C-suite leaders enjoy a unique vantage point when it comes to discovering, understanding and harnessing enterprise and industry developments. Here, top executives from Dell, Lenovo, Intuit, SAS and ...

Technological innovations that generate a lot of hype typically have to face harsh reality at some point when practitioners begin deployment. For AI, especially generative AI, that reality is starting ...

BT Group, one of the largest telecom companies in the world, said it is laying off up to 55,000 people or 42% of its workforce by the end of the decade – due in large part to AI and automation. “We ...

Forty-two percent of CFOs in North America do not think generative AI is an important technology that will let them achieve their business strategies, according to a Deloitte survey. The Big 4 ...

As generative AI becomes more familiar as a work tool, the basic platform is starting to mature. What we are seeing is the emergence of small language models (SLMs) that, alongside the better-known ...

PwC is investing $1 billion into developing generative AI services. PwC's AI plans include a partnership with Microsoft to gain access to OpenAI’s GPT-4, ChatGPT and the Azure OpenAI Service, which ...

Generative AI has the potential to add $575 billion to Europe’s economy over the next five years – but only if the region is prepared to grasp the opportunities presented by this wave of innovation.

Nvidia is getting ready for the next chapter of generative AI. Today at Nvidia GTC 2023, CEO Jensen Huang unveiled Nvidia AI Foundations, an AI foundry in the cloud that will help enterprises build, ...

To say 2024 was a pivotal year for generative AI would be an understatement. As it continues to evolve, generative AI is expected to drastically shape industries. A global survey of technology leaders ...

There is a bright future ahead for AI, but we’re not quite there yet. It's now been more than two years since the launch of ChatGPT. Since then, organizations have been experimenting with generative ...

Generative AI entered the mainstream a mere six months ago, but 86% of IT leaders already said it will have a “prominent” role in their organizations in the near future, according to Salesforce’s ...