In this contributed article, Ishan Gupta. CEO and Co-founder of RipenApps, discusses how banks have historically been at the forefront of technological advancements, they are renowned for using computers as well as providing internet-based financial services. However, the rise of AI has brought with it a new dawn of innovations. These days, AI is disrupting...

Despite growing interest and enthusiasm for  Generative AI (GenAI), significant challenges are emerging that threaten the success of GenAI projects, according to a co-sponsored research report from Enterprise Strategy Group (ESG) and Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501).

In this contributed article, Subbiah Muthiah, CTO of Emerging Technologies at Qualitest, takes a deep dive into how raw data can throw specialized AI into disarray. While raw data has its uses, properly processed data is vital to the success of niche AI. Industries such as medical, legal, and pharma require data that is contextualized, categorized,...

Researchers from MIT and the MIT-IBM Watson AI Lab developed a technique to estimate the reliability of foundation models before they are deployed to a specific task. They do this by considering a set of foundation models that are slightly different from one another. Then they use their algorithm to assess the consistency of the representations each...

SandboxAQ announced today a groundbreaking advancement that pushes the limits of computational chemistry, impacting fields such as biopharma, chemicals, materials science and other industries. Collaborating with NVIDIA, SandboxAQ leverages Large Quantitative Models (LQMs) and the NVIDIA CUDA-accelerated Density Matrix Renormalization Group (DMRG) algorithm.

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).