DigitalEx gives companies insight into the cost of generative AI

DigitalEx, a provider of cloud cost management software, has launched a new solution for controlling the costs of generative AI. The tool provides organizations with a centralized view of AI-related costs across multiple platforms, including AWS Bedrock, Azure OpenAI, and OpenAI. As CEO Sundeep Goel told VentureBeat, the solution enables detailed cost allocation, financial management, … Read more

Hugging Face LightEval helps evaluate LLMs

Hugging Face has introduced LightEval, a new open source solution for evaluating large language models (LLMs). This was reported by Michael Nuñez on VentureBeat. The lightweight suite allows companies and researchers to evaluate AI models in a precise and customizable way. LightEval integrates seamlessly with existing Hugging Face tools and supports multiple devices including CPUs, … Read more

Maitai monitors and optimizes LLM outputs

A new AI startup called Maitai has developed a platform to optimize the use of Large Language Models (LLMs) in practice. As founders Christian and Ian tell Hacker News, Maitai acts as a proxy to analyze the traffic between the application and the LLM. The system automatically detects errors, corrects them in real time, and … Read more

The rapid evolution of generative AI

This article examines the rapid evolution of generative AI technology. The author describes how the once-clear landscape of more than 200 companies in various categories has exploded, creating challenges for IT decision makers. The complexity of the technology requires a flexible vision that can adapt to constant change. Organizations are looking for end-to-end solutions that … Read more

AI’s immense hunger for computing power and storage

The increasing demand for computing power and storage for AI applications is challenging the industry. While the power of AI models continues to grow, the infrastructure required to support them is reaching its limits. This article examines the problem of scaling AI applications and possible solutions. In addition to optimizing cloud infrastructures, the integration of … Read more

How AI is revolutionizing search

Artificial intelligence is revolutionizing search, writes VentureBeat. Generative AI makes it possible to ask questions in natural language and get a direct answer without having to click through countless websites. Companies are using this development to implement “Retrieval Augmented Generation” (RAG), a technology that combines AI models with an organization’s own data to provide more … Read more

Six challenges of Enterprise AI

The article, “From AGI to ROI: The 6 AI debates shaping enterprise strategy in 2024” by Matt Marshall sheds light on the current evolution of AI in the enterprise environment. As the initial euphoria over the capabilities of AI models such as ChatGPT fades, the focus shifts to practical applications and return on investment (ROI). … Read more

Do companies need a Chief AI Officer?

Steve Chase, vice chairman for AI and digital innovation at KPMG, argues that companies need a chief AI officer (CAIO) to make the most of the opportunities presented by AI. This person should have technical understanding, strategic flair, and the ability to innovate. Chase advocates responsible AI governance that takes into account both rapid advances … Read more

AWS introduces App Studio

With the new AWS App Studio, organizations are supposed to be able to build scalable internal applications in minutes-without any programming skills. Using generative AI, App Studio uses natural language descriptions to create applications that can be integrated with internal systems. According to Amazon, the tool handles all aspects of application development, from deployment to … Read more

Major update for Writer

Writer released a major update to its platform to make it easier for businesses to use AI. Chatbots can now process up to 10 million words of company-specific data and take on complex tasks such as document analysis and knowledge management. An advanced algorithm is said to provide more accurate search results and make it … Read more