Artificial intelligence (AI) is rapidly emerging as a vital asset for small and medium-sized businesses (SMBs) striving to gain an edge in 2024’s challenging economic environment. According to experts at Oxford Capital, a leading business investment firm, AI-driven tools have the potential to significantly bolster SMB efficiency, cost savings, and customer engagement. “One key … [Read more...] about How AI is Fueling a New Era of Growth for Small Businesses
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Nearly One in Five Developers in the UK Using AI Regularly at Work
Artificial intelligence is making major inroads with UK developers, with nearly one in five now using AI-powered tools such as ChatGPT regularly on the job, a new study has found. The survey of 2,000 developers across the UK revealed that 19% are actively employing AI in some capacity in their day-to-day work. The study, conducted by cybersecurity provider Indusface, uncovered … [Read more...] about Nearly One in Five Developers in the UK Using AI Regularly at Work
Qlik Advances AI Capabilities with Acquisition of Kyndi Assets
Business intelligence software provider Qlik has acquired the intellectual property of AI startup Kyndi, marking a significant move to bolster its capabilities in extracting insights from unstructured data. The terms of the deal were not disclosed. However, Kyndi’s patents and proprietary technology related to natural language processing and generative AI will be incorporated … [Read more...] about Qlik Advances AI Capabilities with Acquisition of Kyndi Assets
Pecan AI Marries Generative AI and Predictive Modeling
San Francisco-based Pecan AI has announced new capabilities that combine generative AI conversational interfaces with predictive analytics model-building workflows. Industry observers say this fusion of leading-edge AI technologies promises to expand adoption by making predictive insights more accessible to mainstream business users. With its "Predictive GenAI" features … [Read more...] about Pecan AI Marries Generative AI and Predictive Modeling
deepset Cloud Establishes New Standards for Trust in AI Models
San Francisco-based startup deepset Cloud has unveiled groundbreaking new features that aim to address concerns around reliability and accountability in large language models (LLMs), setting a new bar for the industry. The company's "Groundedness Observability Dashboard" provides unprecedented visibility into the factual accuracy of LLM-generated text. By displaying … [Read more...] about deepset Cloud Establishes New Standards for Trust in AI Models