NVIDIA is spearheading the #AI industry’s growth with its latest data centers focused on developing and deploying models for the financial services industry. https://hubs.la/Q02DprRp0
Bank Automation News’ Post
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Elfreda Jonker explores current market trends, emphasising the shift from AI enablers to adopters. She highlights the increasing pace of #AI collaborations, using #Nvidia's expansion into #infrastructure and #software as an example of AI's growth across different sectors. Watch now: https://lnkd.in/gE4UBVNg
Why dive into the AI frenzy? on ausbiz
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In this Financial Times article, NVIDIA conducted surveys across several core industries that are ramping up their AI adoption. Here are some interesting stats to digest... 🛍️ 86% of #Retail survey respondents plan to use #generativeAI to enhance customer experiences, with 69% of retailers attributing an increase in revenue to AI. 📊 53% of #Telcos believe they can build a competitive advantage with AI, whereas 42% of finance organisations believe they already have. 😊 46% of #Finance organisations and 48% of Telcos are already using AI to enhance customer experience. 🚀 Full-stack accelerated computing offers a 150x performance increase and 42x better energy efficiency compared to CPU-based computing. 💰 #AI could add more than $15tn to the global economy by 2030. Read more here 📖 https://bit.ly/4cRphG4
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Microsoft introduces Phi-3-mini, a groundbreaking lightweight AI model. With affordability and innovation at its core, this marks the dawn of a new era in AI technology. Stay tuned for the future of tech! . . . #Microsoft #AIInnovation #Phi3Mini
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Strategic Transformation Expert| Applying Digital & AI To Business | High Tech, Life Sciences and CPG expertise| Investor & Board Member
Interesting read from WSJ highlighting the increasing stakes for AI investments. New estimates indicate a $600 billion challenge in justifying the substantial spending on AI infrastructure. The upcoming generation of AI models will demand even larger data centers. Companies such as Nokia and Intuit are making significant AI bets, revamping their platforms and products to drive efficiencies and innovations. As aptly summarized, "The best products will need as much intuition about customer interactions with AI as they will require technical expertise." #AI #ArtificialIntelligence #TechInvestments
Companies’ AI Bets Are Reaching Astronomical Heights. Why the C-Suite Likes Its Odds Anyway.
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"We're starting to get some actual, real numbers, meaningful numbers around the impacts (of AI)," Nvidia's global head of business development for telco, Chris Penrose, told Reuters. AI adoption increasing sales in telecoms sector, Nvidia report shows If you do not incorporate AI to grow your business, your competition will. Do not wait. Talk to one of AI-UK's Consultants to understand how Artificial Intelligence can help resolve your company's pain points. You do not have to make a purchase. Simply hear what we have to offer. https://lnkd.in/eYEbR4EM
AI adoption increasing sales in telecoms sector, Nvidia report shows
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Utilize Kyndryl Bridge for end-to-end AI development and implementation supported by Nvidia accelerated computing. Access a wealth of critical technology and services to rapidly scale generative AI solutions across industries. Leverage Kyndryl's comprehensive services via the Kyndryl Bridge catalogue for Nvidia AI platform integration and scalability. #KyndrylBridge #AIdevelopment #NvidiaAcceleratedComputing #GenerativeAI #TechnologyIntegration At Grow Scale Win™, we're all about using AI to enhance productivity and efficiency. That's why we've built the AI Growth System™, a truly holistic approach to growing your business. You get a personalized growth strategy and a full suite of AI powered tools to generate leads, nurture prospects, and close sales. Learn more at www.growscalewin.com. DM us with any questions. Read more about this post here: https://lnkd.in/e-cudJNQ
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“…The rate of improvement for AIs is slowing, and there appear to be fewer applications than originally imagined for even the most capable of them. It is wildly expensive to build and run AI. New, competing AI models are popping up constantly, but it takes a long time for them to have a meaningful impact on how most people actually work. “…A recent survey conducted by Microsoft and LinkedIn found that three in four white-collar workers now use AI at work. Another survey, from corporate expense-management and tracking company Ramp, shows about a third of companies pay for at least one AI tool, up from 21% a year ago. https://lnkd.in/edn-W7Sf
The AI Revolution Is Already Losing Steam
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4 Things Investors Must Know About AI
4 Things Investors Must Know About AI
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4 Things I̶n̶v̶e̶s̶t̶o̶r̶s̶ Execs Must Know About AI: why you don't have time to wait & see. The pace of transformation that generative AI is driving is unlike any other technology seen before. This is creating an accelerated cycle that will continue to drive increased investment, innovation, and value extraction. I've heard from many execs in the past couple of quarters they're experimenting but cautiously, as they're waiting to see how things shake out. I'd contend you don't have time to do that. The longest pole this time won't be your tech, but rather your team & culture -- if you have any chance of keeping up, you need to get moving 𝙣𝙤𝙬! https://lnkd.in/gd8G5rv3
4 Things Investors Must Know About AI
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Simplify your organization’s gen AI journey
Moving quickly when integrating AI into the enterprise is essential to remaining competitive. Bob Pette at NVIDIA and I sat down with the The Wall Street Journal to explain how businesses can get started and accelerate their #genAI journey without worrying about the complexity of adopting technologies: https://lnkd.in/g2-5TvhF
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