GenAI investment is expected to grow 30%, with leaders from companies with high GenAI maturity anticipating their return on investment will be three-times higher over the next three years than that of companies with little or no adoption of the technology, according to a new report released by Boston Consulting Group (BCG).
GenAI Investment to Grow 30%, with High Maturity Companies Projecting Three Times Higher ROI Over the Next Three Years than Low-Adoption Peers
July 23, 2024 by Leave a Comment
In AI We Don’t Trust: Too Many Healthcare Insurers Base Decisions on Assumption Over Data, Report Reveals
July 22, 2024 by Leave a Comment
The healthcare insurance sector in the US is struggling to make critical decisions due to a severe lack of accessibility, context and trust in their data. That is according to a new international study by ActiveOps, a leading provider of AI-powered decision intelligence for service operations.
HPC/AI User Forum Event September 4-5 at Argonne National Laboratory, Lemont, Illinois Features Real-World Uses of AI in Industry, Science & Energy
July 21, 2024 by Leave a Comment
The HPC User Forum, established in 1999 to promote the health of the global HPC industry and address issues of common concern to users, has opened registration for its upcoming meeting, September 4-5, 2024, at Argonne National Laboratory in Lemont, Illinois.
NPUs are Emerging as the Main Rival to NVIDIA’s AI Dominance
July 20, 2024 by Leave a Comment
Fueled by the rise of Generative AI, the semiconductor market has established itself as one of the most profitable industries globally − the sector is already worth over $600 billion, with this figure set to increase to $1 trillion by 2030. During this growth period, NVIDIA has achieved the status of undisputed leader, predominantly as a result of the superior performance of its graphics processing units (GPUs).
IOP Publishing Launches Series of Open Access Journals Dedicated to Machine Learning and AI for the Sciences
July 19, 2024 by Leave a Comment
IOP Publishing (IOPP) launched a series of open access journals dedicated to the application and development of machine learning (ML) and artificial intelligence (AI) for the sciences. The new multidisciplinary Machine Learning series will collectively cover applications of ML and AI across the physical sciences, engineering, biomedicine and health, and environmental and earth science.
Yellow.ai Study Unveils Growing Confidence in AI-First Automation Among North American Customer Service Executives
July 18, 2024 by Leave a Comment
Yellow.ai, a global leader in AI-first customer service automation, has unveiled research titled ‘Betting Big on AI-First: Insights from Customer Service Leaders.’ The study sheds light on AI adoption trends within North American customer service operations and contact centers. According to the findings, an impressive 84.5% of respondents either plan to or are already leveraging AI, underscoring its pivotal role in shaping the industry’s future.
Down on the Digital Farm: How AI is Plowing the Fields of Agricultural Innovation
July 17, 2024 by Leave a Comment
In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, discusses how AI is transforming the agriculture industry. It’s an exciting time down on the digital farm, and who knows what the future might bring?
HPC News Bytes 20240715: AI Maturity ROI, OpenAI’s 5 Levels of AI, SoftBank Acquires Graphcore
July 17, 2024 by Leave a Comment
Much has happened of late in the world of HPC-AI, here’s a quick (5:55) run through of the news, including: survey commissioned by Vultr points to AI maturity ROI, OpenAI proposes five levels of AI based on capability, SoftBank ….
AI Appreciation Day
July 16, 2024 by Leave a Comment
Artificial Intelligence Appreciation Day is celebrated on July 16 each year. With discoveries in science, tech, and healthcare, AI offers the possibility of a more evolved future. AI tools already dominate the market making human life much easier. n this special round-up, we’ve collected a number of commentaries from our friends in the AI industry ecosystem. We hope you enjoy reading them!
Women in Networking at SC24: SCinet Chair Angie Asmus
July 16, 2024 by Leave a Comment
The Women in Networking at SC, or WINS, program was created to celebrate and expand the opportunities for early- to mid-career women to participate in advancing technology through SCinet, the world’s fastest, most powerful temporary computer network. SCinet is constructed and deconstructed on location annually for the SC conference.
