DeepSeek’s new AI reasoning model R1 could substantially reduce the costs of developing AI applications. According to an analysis by Ben Dickson in VentureBeat, DeepSeek-R1 offers similar capabilities to leading models at a fraction of the price. The model costs $2.19 per million output tokens, compared to OpenAI’s o1 at $60 per million tokens. When …
A comprehensive analysis published by Content Science outlines key strategies for businesses to effectively implement artificial intelligence technologies. Author Cory Bennett presents three main areas organizations should focus on when investing in AI: The article draws on current market data showing the global AI market valued at $621 billion, with projections reaching $2.74 trillion by …
A new Deloitte study reveals that 74% of enterprises are meeting or exceeding their return on investment expectations from generative AI initiatives. The research, reported by Sean Michael Kerner for VentureBeat, surveyed 2,773 leaders across 14 countries. IT and cybersecurity departments are showing the strongest adoption and results. Despite challenges requiring at least 12 months …
Microsoft has announced significant changes to its AI-powered Copilot services, introducing a free business chat option and new pricing for consumer subscriptions. The company is launching Microsoft 365 Copilot Chat, a rebranded version of its business AI chat service that includes access to AI agents on a pay-per-use basis. According to Microsoft’s chief marketing officer …
Google has announced the integration of its AI capabilities into Google Workspace business subscriptions, eliminating the previous requirement for separate AI add-ons. According to a statement from Google Cloud Applications President Jerry Dischler, the company will include Gemini AI features in all Workspace Business and Enterprise plans, making them available to business customers without additional …
Cohere has introduced North, a new AI workspace platform designed for enterprise customers with high security requirements. According to technology reporter Michael Nuñez, the platform combines language models, search capabilities, and automation tools while maintaining data privacy. North operates in private cloud environments or on-premises installations, targeting regulated sectors like finance and healthcare. The Royal …
Diffbot, a Silicon Valley company, has introduced a new AI model that combines AI capabilities with real-time fact verification. As reported by Michael Nuñez for VentureBeat, the system uses graph retrieval-augmented generation (GraphRAG) technology based on Meta’s Llama 3.3. The model connects to Diffbot’s Knowledge Graph, a database containing over one trillion facts that updates …
Major enterprises are revealing their approaches to scaling generative AI as organizations prepare for widespread adoption in 2025. In an article published by VentureBeat, author Bryson Masse explores how companies like Wayfair and Expedia are combining custom solutions with external platforms to optimize their AI operations. Wayfair’s CTO Fiona Tan reports that the company uses …
A new report reveals that enterprise AI adoption is still in its early stages, with only 25% of companies having deployed AI solutions in production. According to the State of AI Development Report by Vellum, based on interviews with over 1,250 AI developers, only a quarter of those who deployed AI have seen measurable impact. …
Nvidia has announced a new suite of AI technologies focused on video analysis and agent-based automation, as revealed during CEO Jensen Huang’s CES 2025 keynote address. The company has launched several blueprints that enable developers to create AI agents capable of analyzing video content, processing documents, and automating various enterprise tasks. The new technology includes …