Generative AI Trends for 2024: Measuring the Impact

2023 proved to be a watershed moment for generative artificial intelligence (Gen AI). A few months after OpenAI launched ChatGPT, McKinsey researchers revealed that one-third of companies were already... Read more »

Generative AI in Banking – Use Cases & Challenges

When it comes to technological innovations, the banking sector is always among the first to adopt and benefit from cutting-edge technology. The same holds for generative artificial intelligence (Gen... Read more »

Building Ethical AI Starts with the Data Team – Here’s Why

When it comes to the technology race, moving quickly has always been the hallmark of future success. Unfortunately, moving too quickly also means we can risk overlooking the hazards... Read more »

Generative AI – Is A Gamechanger For Doctor-AI-Patient Relationships

We all know that AI technology is changing the world in extraordinary ways. ChatGPT became a household name last year and other AI tools are being developed every day.... Read more »

LLMs Are More Than Generative AI

While large language models (LLMs) and generative AI have been all the rage over the past year, the most attention has been given to their intersection – the text... Read more »

Will GenAI Replace Data Engineers? No – And Here’s Why.

These days, keeping up with the latest advancements in GenAI is harder than saying “multimodal model.” It seems like every week some shiny new solution launches with the lofty... Read more »

Generative AI in Pharma: Assessing the Impact

The pharma industry is struggling with prolonged and extremely expensive drug discovery and development. It takes on average 10 to 15 years to produce a drug, and, according to... Read more »

Inside Google’s Plan to Use Generative AI to Ramp Up the IQ of Our Smartphones

Google’s early innovations in delivering generative AI experiences for Android phones provide us with a glimpse into a highly personalized and autonomous future for our favorite digital companions. The... Read more »

Top 6 Generative AI Trends to Look for in 2024

The year 2023 was one of the most disruptive years in AI in a long time, with a large number of generative AI products moving into the mainstream. Continuing... Read more »

Calculating the Cost of Generative AI

TL;DR The cost of implementing generative AI in business can range from a few hundred dollars per month to $190,000 (and counting) for a bespoke generative AI solution based... Read more »
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