Generative AI tools turning into potential game changers

There are several generative AI tools emerging in the market The immense popularity gained by ChatGPT since its launch in November 2022 has brought generative AI tools under the spotlight, prompting many companies cutting across industries to aggressively explore their capabilities and use cases. Telcos are no exception to this…

Read More

AI real-time data driving early development of autonomous vehicles

Autonomous vehicles are moving from virtual tests to early development Autonomous vehicles (AVs) are moving from virtual tests to early development phases worldwide in commercial spaces like ride-hail services, freight logistics, and mobile retail. Both consumer and commercial vehicles are leveraging real-time data to build complex simulations and understand how…

Read More

PwC announces strategic alliance with Harvey

Harvey will help generate insights and recommendations Today, PwC announced a global partnership with artificial intelligence (AI) start-up Harvey, providing PwC’s Legal Business Solutions professionals exclusive access (among the Big 4) to the game-changing AI platform. Harvey, which is backed by the OpenAI Start-up Fund, is built on OpenAi and…

Read More

Google’s AI wipes US$100b off shares

Mistake during launch underwhelms investors A variety of media sources are reporting that Google’s recent launch of its ChatGPT rival, Bard has underwhelmed investors with a glaring mistake. According to experts, promotional material for Bard contained an error in the response by the chatbot to: “What new discoveries from the…

Read More

How customer data is used in AI

An organization’s approach to privacy impacts more than compliance Cisco published its 2023 Data Privacy Benchmark Study. The sixth annual global survey investigates professionals’ perspectives on data privacy strategies. This year’s study finds that despite a difficult economic environment, organizations continue to invest in privacy, with spending up significantly from $US1.2 million just three years…

Read More

Top 7 trends for the security industry

We have seen more diversified AI products and applications The physical security industry has been changing quickly in recent years. Developments and applications of cutting-edge technologies in this ever-evolving industry such as AI, machine perception, and IoT, are breaking boundaries all the time. We have seen security systems become deeply…

Read More

Service robotics industry to reach $US216bn

Advances in AI will also improve robotic intelligence The service robotics industry is set to register a compound annual growth rate (CAGR) of 21.5 per cent to reach $US216 billion in 2030, driven by investments across consumer facing industries, including travel and tourism. The overall robotics industry is set to…

Read More

5 top cases for AI in corporate finance

The applicability may vary across organizations and industries “Organizations ignoring these use cases should have a good reason for doing so because they offer the best combination of feasibility and business benefit,” said Mark D. McDonald, senior director, research in the Gartner Finance practice. “Looking to apply AI to other use cases…

Read More