Ethical, trust and skill barriers hold back generative AI progress in EMEA

Ethical, trust, and skill barriers hold back generative AI progress in EMEA.

76% of consumers in EMEA think AI will significantly impact the next five years, yet 47% question the value that AI will bring and 41% are worried about its applications.

This is according to research from enterprise analytics AI firm Alteryx.

Since the release of ChatGPT by OpenAI in November 2022, there has been significant buzz about the transformative potential of generative AI, with many considering it one of the most revolutionary technologies of our...

The rise of intelligent automation as a strategic differentiator

Intelligent automation (IA) technologies are graduating from being operational to highly strategic. In terms of the bottom line, it’s even more impressive.

A study from SS&C Blue Prism, conducted by Forrester Consulting and published in April, put together a composite organisation representative of five customers interviewed. The conclusion was that, over three years, there were key gains in IA from greater productivity to compliance cost avoidance, to improved employee...

Chuck Ros, SoftServe: Delivering transformative AI solutions responsibly

As the world embraces the transformative potential of AI, SoftServe is at the forefront of developing cutting-edge AI solutions while prioritising responsible deployment.

Ahead of AI & Big Data Expo North America – where the company will showcase its expertise – Chuck Ros, Industry Success Director at SoftServe, provided valuable insights into the company's AI initiatives, the challenges faced, and its future strategy for leveraging this powerful...

FT and OpenAI ink partnership amid web scraping criticism

The Financial Times and OpenAI have announced a strategic partnership and licensing agreement that will integrate the newspaper's journalism into ChatGPT and collaborate on developing new AI products for FT readers. However, just because OpenAI is cozying up to publishers doesn't mean it's not still scraping information from the web without permission.

Through the deal, ChatGPT users will be able to see selected attributed summaries, quotes, and rich links to FT journalism in...

How AI is making online casinos safer than ever before

AI is the term on everyone’s lips at the moment (and it’s no wonder, really, given just how powerful it is), but if you want to figure out more about the actual impact it’s having in some real-world places… well, that’s what we’re going to do today!

Across the world, we’re seeing more and more efforts to ramp up AI and make the most of the talent seen in this space, but what effect is this having on how the world works and what we’re seeing? Casinos are an amazing...

Microsoft to forge AI partnerships with South Korean tech leaders

Microsoft is set to host top executives from South Korea’s leading technology firms next month to strengthen its AI partnerships.

The high-level meeting, dubbed the MS CEO Summit 2024, will be held on 14 May 2024 and feature Microsoft's founder Bill Gates and Chairman and CEO Satya Nadella. They will engage in closed-door discussions with Kyung Kye-hyun of Samsung, Kwak Noh-jung of SK Hynix, Cho Joo-wan of LG Electronics, and Ryu Young-sang of SK Telecom.

Sources for...

SAS aims to make AI accessible regardless of skill set with packaged AI models

SAS, a specialist in data and AI solutions, has unveiled what it describes as a “game-changing approach” for organisations to tackle business challenges head-on.

Introducing lightweight, industry-specific AI models for individual licence, SAS hopes to equip organisations with readily deployable AI technology to productionise real-world use cases with unparalleled efficiency.

Chandana Gopal, research director, Future of Intelligence, IDC, said: “SAS is evolving its...

Kamal Ahluwalia, Ikigai Labs: How to take your business to the next level with generative AI

AI News caught up with president of Ikigai Labs, Kamal Ahluwalia, to discuss all things gen AI, including top tips on how to adopt and utilise the tech, and the importance of embedding ethics into AI design.

Could you tell us a little bit about Ikigai Labs and how it can help companies?

Ikigai is helping organisations transform sparse, siloed enterprise data into predictive and actionable insights with a generative AI platform specifically designed for structured,...

Why data quality is critical for marketing in the age of GenAI

A recent survey reveals that CMOs around the world are optimistic and confident about GenAI’s future ability to enhance productivity and create competitive advantage. Seventy per cent are already using GenAI and 19 per cent are testing it. And the main areas they’re exploring are personalisation (67%), content creation (49%) and market segmentation (41%).

However, for many consumer brands, the divide between expectations and reality looms large. Marketers envisioning a...

Large language models could ‘revolutionise the finance sector within two years’

Large Language Models (LLMs) have the potential to improve efficiency and safety in the finance sector by detecting fraud, generating financial insights and automating customer service, according to research by The Alan Turing Institute.

Because LLMs have an ability to analyse large amounts of data quickly and generate coherent text, there is growing understanding of the potential to improve services across a range of sectors including healthcare, law, education and in financial...