AI & Future Tech: Page 5
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JPMorgan Chase to equip 140K workers with generative AI tool
The bank expects up to $2 billion in AI-related upside, President and COO Daniel Pinto said during a conference earlier this week.
By Lindsey Wilkinson • Sept. 11, 2024 -
AWS plans UK cloud expansion, pours $10B more into AI infrastructure
Amazon’s cloud division will now invest more than $14 billion in the region through 2028, the company said Wednesday.
By Matt Ashare • Sept. 11, 2024 -
Trendline
Generative AI
Companies are pushing technology executives to leverage generative AI, a task that requires customized strategies and the necessary guardrails.
By CIO Dive staff -
Oracle leans on private cloud to fortify enterprise security, data sovereignty
“We expect that private clouds will greatly outnumber public clouds,” Oracle Chairman and CTO Larry Ellison said Monday.
By Matt Ashare • Sept. 10, 2024 -
How the NFL plans to tackle generative AI this season
Employees in the league’s media division are using Amazon Q Business and a Bedrock-based research tool to improve workflows and productivity.
By Lindsey Wilkinson • Updated Sept. 12, 2024 -
Oracle cements multicloud integration with AWS, Google alliances
Oracle deployed data services running on OCI servers in AWS and Google Cloud data centers, the company announced Monday.
By Matt Ashare • Sept. 9, 2024 -
Salesforce shapes industry-tailored AI strategy targeting 15 sectors
The software provider unveiled an AI Use Case Library with more than 100 AI capabilities aimed at retail, life sciences, healthcare and other sectors.
By Lindsey Wilkinson • Sept. 9, 2024 -
Colgate-Palmolive deploys AI to drive top-line growth, productivity
The company is working to hone its AI efforts around revenue management, advertising and cost savings, CEO Noel Wallace said.
By Lindsey Wilkinson • Sept. 9, 2024 -
Tech unemployment grew in August but open roles abound
IT positions across the economy dipped by 28,000 in August, according to a CompTIA review of U.S. Bureau of Labor Statistics data.
By Roberto Torres • Sept. 6, 2024 -
VMware raises Broadcom’s software profile, but chips remain core business
The company expects networking and semiconductor hardware demand to drive AI revenues to $12 billion this year, Broadcom CEO Hock Tan said.
By Matt Ashare • Sept. 6, 2024 -
Enterprises want to build trust, confidence in workplace AI
IT leaders point to cybersecurity, data breaches, reliability and accuracy as common concerns, according to an ABBYY survey.
By Lindsey Wilkinson • Sept. 6, 2024 -
Anthropic launches Claude Enterprise with more security, admin controls
The business-focused version of the tool includes a GitHub integration to help with programming tasks, among other expanded features.
By Lindsey Wilkinson • Sept. 4, 2024 -
Office Depot parent company rolls out generative AI assistant to 900 stores
ODP Corporation, which also operates OfficeMax, introduced the ODP Personal Assistant to enable associates to spend more time helping customers.
By Bryan Wassel • Sept. 4, 2024 -
AI developers break into top 10 highest-paid IT positions, Stack Overflow says
The average annual compensation package for software engineers building AI systems reached $160,000, according to a study by the online platform.
By Lindsey Wilkinson • Sept. 3, 2024 -
Salesforce bets on generative AI agents as the future of customer service
The Agentforce platform, which will publicly launch in October, has found success among early adopters, CEO Marc Benioff said.
By Bryan Wassel • Aug. 30, 2024 -
Bath & Body Works to launch generative AI fragrance finder
The retailer plans to leverage large language models and data to increase customer traffic and sales over time.
By Lindsey Wilkinson • Aug. 30, 2024 -
Business satisfaction with AI, automation solutions and services languishes
The gap in customer satisfaction scores stems from a disconnect between technology expectations and reality, ISG found.
By Kristen Doerer • Aug. 30, 2024 -
What CIOs should know about California’s contentious AI bill
The rules laid out in SB 1047 place guardrails on the technology’s development and enable the state attorney general to sue if organizations are non-compliant.
By Lindsey Wilkinson • Aug. 30, 2024 -
Nvidia sustains triple-digit revenue growth amid AI building boom
“Data centers worldwide are in full steam to modernize the entire computing stack,” Nvidia President and CEO Jensen Huang said Wednesday.
By Matt Ashare • Aug. 29, 2024 -
Double-checking work tops AI priorities among employees: report
Managers and workers are at odds over the primary application of the technology within business processes, Slingshot data found.
By Lindsey Wilkinson • Aug. 28, 2024 -
Businesses default to cloud for generative AI, accelerate migrations
Despite ongoing tech talent shortages and cost concerns, cloud adoption rates rebounded, according to Foundry research.
By Matt Ashare • Aug. 28, 2024 -
VMware vows to ‘virtualize the entire data center’ with bigger bundle
The company rolled out its second post-Broadcom private cloud solution Tuesday, touting lower overall cost and security improvements.
By Matt Ashare • Aug. 27, 2024 -
3 ways CIOs can turn strategy into execution
With less than half of enterprises reaching strategic objectives, executives must consistently measure and monitor the success of the plans they've laid out.
By Lindsey Wilkinson • Aug. 27, 2024 -
IBM accelerates hybrid AI with high-capacity mainframe chips
The processors enable on-prem systems to run multiple models in ensemble configurations to improve performance and accuracy, the company said.
By Matt Ashare • Aug. 26, 2024 -
How PwC gauges generative AI risk, ROI amid adoption
“We’re still plucking low-hanging fruit on a lot of AI initiatives,” PwC US Chief AI Officer Dan Priest said during a CIO Dive panel.
By Matt Ashare • Aug. 26, 2024 -
AI upskilling efforts blocked by lack of clarity: survey
Executives are unsure about teams’ existing AI skills, and IT pros may overestimate their existing understanding of the technology, according to Pluralsight.
By Lindsey Wilkinson • Aug. 23, 2024