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IBM rolls out new generative AI features and models

  • IBM introduced new generative AI models called Granite for its Watsonx platform, claiming they are trained on curated enterprise data.

  • New capabilities launched for Watsonx include Tuning Studio for customizing models, a synthetic data generator, and chatbot-like data visualization.

  • Watsonx.governance toolkit coming to address model privacy, bias, drift, and ethics compliance.

  • IBM touting over 150 customers using Watsonx since its launch, including Samsung and Citi.

  • IBM CEO emphasizing importance of AI amid revenue misses, confident in growth expectations.

techcrunch.com
Relevant topic timeline:
Main topic: Investment strategy for generative AI startups Key points: 1. Understanding the layers of the generative AI value stack to identify investment opportunities. 2. Data: The challenge of accuracy in generative AI and the potential for specialized models using proprietary data. 3. Middleware: The importance of infrastructure and tooling companies to ensure safety, accuracy, and privacy in generative AI applications.
Over half of participants using AI at work experienced a 30% increase in productivity, and there are beginner-friendly ways to integrate generative AI into existing tools such as GrammarlyGo, Slack apps like DailyBot and Felix, and Canva's AI-powered design tools.
IBM has announced Watsonx Code Assistant for Z, a generative AI-assisted product that will help accelerate the translation of COBOL to Java on IBM Z, with the goal of modernizing COBOL applications while preserving the performance, security, and resiliency capabilities of IBM Z.
Cloud computing vendor ServiceNow is taking a unique approach to AI by developing generative AI models tailored to address specific enterprise problems, focusing on selling productivity rather than language models directly. They have introduced case summarization and text-to-code capabilities powered by their generative AI models, while also partnering with Nvidia and Accenture to help enterprises develop their own generative AI capabilities. ServiceNow's strategy addresses concerns about data governance and aims to provide customized solutions for customers. However, cost remains a challenge for enterprises considering the adoption of generative AI models.
AI engineering, ML engineering, MLOps engineering, and data engineering are projected to be the job roles that will experience significant growth due to the increased use of large language models (LLMs) and generative AI, according to a survey.
McKinsey has developed "Lilli," a generative AI platform that revolutionizes knowledge retrieval and utilization, reducing time and effort for consultants while generating novel insights and enhancing problem-solving capabilities.
Enterprises need to find a way to leverage the power of generative AI without risking the security, privacy, and governance of their sensitive data, and one solution is to bring the large language models (LLMs) to their data within their existing security perimeter, allowing for customization and interaction while maintaining control over their proprietary information.
IBM has launched an advertising campaign to promote its new enterprise-focused artificial intelligence platform, watsonx, by showcasing its transformative power and ability to accelerate business objectives.
Generative AI, a technology with the potential to significantly boost productivity and add trillions of dollars to the global economy, is still in the early stages of adoption and widespread use at many companies is still years away due to concerns about data security, accuracy, and economic implications.
Hybrid data management is critical for organizations using generative AI models to ensure accuracy and protect confidential data, with a hybrid workflow combining the public and private cloud offering the best of both worlds. One organization's experience with a hybrid cloud platform resulted in a more personalized customer experience, improved decision-making, and significant cost savings. By using hosted open-source large language models (LLMs), businesses can access the latest AI capabilities while maintaining control and privacy.
MSCI is expanding its partnership with Google Cloud to utilize generative AI for investment advisory purposes, aiming to provide investors with enhanced decision-making capabilities, deep data-driven insights, and accelerated portfolio implementation in areas such as risk signals, conversational AI, and climate generative AI.
Generative AI has revolutionized various sectors by producing novel content, but it also raises concerns around biases, intellectual property rights, and security risks. Debates on copyrightability and ownership of AI-generated content need to be resolved, and existing laws should be modified to address the risks associated with generative AI.
Generative AI tools are revolutionizing the creator economy by speeding up work, automating routine tasks, enabling efficient research, facilitating language translation, and teaching creators new skills.
Generative AI will become a crucial aspect of software engineering leadership, with over half of all software engineering leader role descriptions expected to explicitly require oversight of generative AI by 2025, according to analysts at Gartner. This expansion of responsibility will include team management, talent management, business development, ethics enforcement, and AI governance.
Google's AI-generated search result summaries, which use key points from news articles, are facing criticism for potentially incentivizing media organizations to put their work behind paywalls and leading to accusations of theft. Media companies are concerned about the impact on their credibility and revenue, prompting some to seek payment from AI companies to train language models on their content. However, these generative AI models are not perfect and require user feedback to improve accuracy and avoid errors.
Google is expanding the availability of its generative AI-powered search engine, Search Generative Experience (SGE), to India and Japan, allowing the company to test its functionality at scale in different languages and gather user feedback. Google is also improving the appearance of web page links in generative AI responses and seeing high user satisfaction, particularly among younger users who appreciate the ability to ask follow-up questions. This move comes as Microsoft has been offering its own generative AI-powered search engine, Bing, for months, aiming to compete with Google in the AI space.
Microsoft and Datadog are well positioned to benefit from the fast-growing demand for generative artificial intelligence (AI) software, with Microsoft's exclusive partnership with OpenAI and access to the GPT models on Azure and Datadog's leadership in observability software verticals and recent innovations in generative AI.
Generative artificial intelligence, particularly large language models, has the potential to revolutionize various industries and add trillions of dollars of value to the global economy, according to experts, as Chinese companies invest in developing their own AI models and promoting their commercial use.
AllianceBernstein has built a team focused on AI and data science, using machine learning and natural language processing to uncover potential risks, make investment decisions, and improve risk management, resulting in cost savings and increased efficiency.
Generative AI tools are causing concerns in the tech industry as they produce unreliable and low-quality content on the web, leading to issues of authorship, incorrect information, and potential information crisis.
IBM has launched its AI and data platform, Watsonx, to help businesses build, train, and deploy AI systems, with a focus on aligning the right infrastructure to the specific AI task at hand, such as IBM Power for AI workloads and SAP HANA for record-breaking performance. The platform also offers tools for analyzing preventative operational parameters and predicting asset failures, as well as support for multi-architecture clusters and integration with other platforms like MuleSoft and Salesforce.
Generative AI's "poison pill" of derivatives poses a cloud of uncertainty over legal issues like IP ownership and copyright, as the lack of precedents and regulations for data derivatives become more prevalent with open source large language models (LLMs). This creates risks for enterprise technology leaders who must navigate the scope of claims and potential harms caused by LLMs.
Generative AI tools like ChatGPT are rapidly being adopted in the financial services industry, with major investment banks like JP Morgan and Morgan Stanley developing AI models and chatbots to assist financial advisers and provide personalized investment advice, although challenges such as data limitations and ethical concerns need to be addressed.
The rise of generative AI is accelerating the adoption of artificial intelligence in enterprises, prompting CXOs to consider building systems of intelligence that complement existing systems of record and engagement. These systems leverage data, analytics, and AI technologies to generate insights, make informed decisions, and drive intelligent actions within organizations, ultimately improving operational efficiency, enhancing customer experiences, and driving innovation.
Generative AI is being explored for augmenting infrastructure as code tools, with developers considering using AI models to analyze IT through logfiles and potentially recommend infrastructure recipes needed to execute code. However, building complex AI tools like interactive tutors is harder and more expensive, and securing funding for big AI investments can be challenging.
As generative AI continues to gain attention and interest, business leaders must also focus on other areas of artificial intelligence, machine learning, and automation to effectively lead and adapt to new challenges and opportunities.
Eight additional U.S.-based AI developers, including NVIDIA, Scale AI, and Cohere, have pledged to develop generative AI tools responsibly, joining a growing list of companies committed to the safe and trustworthy deployment of AI.
Generative AI has the potential to understand and learn the language of nature, enabling scientific advancements such as predicting dangerous virus variants and extreme weather events, according to Anima Anandkumar, Bren Professor at Caltech and senior director of AI research at NVIDIA.
Google is rolling out its generative AI software, Gemini, to select corporates, which is based on large language models and can power various advanced technologies; once fully satisfied with its performance, Google will commercially release the final version through its Google Cloud Vertex AI service.
The artificial intelligence (AI) market is rapidly growing, with an expected compound annual growth rate (CAGR) of 37.3% and a projected valuation of $1.81 trillion by the end of the decade, driven by trends such as generative AI and natural language processing (NLP). AI assistants are being utilized to automate and digitize service sectors like legal services and public administration, while Fortune 500 companies are adopting AI to enhance their strategies and operations. The rise of generative AI and the growth of NLP systems are also prominent trends, and AI's use in healthcare is expected to increase significantly in areas such as diagnostics, treatment, and drug discovery.
Commercial real estate giant CBRE Group is exploring the use of generative artificial intelligence (AI) tools to improve efficiency and save time across its business, with executives expecting the technology to have a significant impact on their operations and the industry as a whole. CBRE has already been utilizing AI and machine learning technology, and its recent foray into generative AI includes the development of a self-service AI tool that allows employees to generate text and summaries, as well as answer questions using information from documents. The company's investments in technology are guided by the need for clear return on investment (ROI) and the importance of experimentation to learn and adapt.
Generative AI is empowering fraudsters with sophisticated new tools, enabling them to produce convincing scam texts, clone voices, and manipulate videos, posing serious threats to individuals and businesses.
Generative AI is a form of artificial intelligence that can create various forms of content, such as images, text, music, and virtual worlds, by learning patterns and rules from existing data, and its emergence raises ethical questions regarding authenticity, intellectual property, and job displacement.
The era of intelligence driven by artificial intelligence is changing the landscape of human resources, allowing employees to access and utilize information more easily and quickly through generative AI language models, but HR teams need to be ready to help employees take advantage of this new technology.
ServiceNow's latest release, Vancouver, incorporates artificial intelligence features such as Generative AI and robo-written summaries, along with the implementation of Zero Trust principles to boost security and expand its workflow capabilities to different departments.
Generative AI's intersection with Web3 has sparked debates about decentralization, with the philosophical case supporting decentralizing AI due to its control by dominant providers and lack of transparency, raising the need for a decentralized network model that allows collaboration, knowledge sharing, and democratic access to models and benefits. The lack of success in decentralized AI until now was largely due to questionable value propositions and different architectural paradigms. Decentralization in generative AI can be considered across various dimensions, including compute, data, optimization, evaluation, and model execution, with each phase of the lifecycle presenting different opportunities for decentralization. Although achieving decentralized AI will require technical breakthroughs, it is the right approach in the era of foundation models to ensure knowledge is not concentrated in the hands of a centralized entity.
Big Tech companies like Google, Amazon, and Microsoft are pushing generative AI assistants for their products and services, but it remains to be seen if consumers will actually use and adopt these tools, as previous intelligent assistants have not gained widespread adoption or usefulness. The companies are selling the idea that generative AI is amazing and will greatly improve our lives, but there are still concerns about trust, reliability, and real-world applications of these assistants.
Salesforce has introduced its own generative AI assistant, Einstein Copilot, at the Dreamforce 2023 conference, aiming to enhance ease and productivity in CRM apps by automating tasks such as creating account updates, generating replies, and personalizing actions based on industry needs. The company also unveiled Einstein Copilot Studio, a low-code tool for creating and deploying individualized generative AI models. With its strong data integration capabilities and market dominance in CRM, Salesforce is positioning itself for success in the competitive generative AI field.
Investors are focusing on the technology stack of generative AI, particularly the quality of data, in order to find startups with defensible advantages and potential for dominance.
Microsoft and Google have introduced generative AI tools for the workplace, showing that the technology is most useful in enterprise first before broader consumer adoption, with features such as text generators, meeting summarizers, and email assistants.
Amazon is investing in generative AI to improve Alexa's capabilities, potentially shifting certain features behind a paywall in the future, following the example of other generative AI companies.
Mistral AI has released its first large language model, Mistral 7B, which aims to revolutionize generative AI and become an open-source alternative to existing AI solutions, offering superior adaptability, customization, and ethical transparency.
Generative AI is expected to have a significant impact on the labor market, automating tasks and revolutionizing data analysis, with projected economic implications of $4.1 trillion and potentially benefiting AI-related stocks and software companies.
China-based tech giant Alibaba has unveiled its generative AI tools, including the Tongyi Qianwen chatbot, to enable businesses to develop their own AI solutions, and has open-sourced many of its models, positioning itself as a major player in the generative AI race.
Security concerns are a top priority for businesses integrating generative AI tools, with 49% of leaders citing safety and security risks as their main worry, but the benefits of early adoption outweigh the downsides, according to Jason Rader, CISO at Insight Enterprises. To ensure safe use, companies should establish and continuously update safe-use policies and involve stakeholders from across the business to address unique security risks. Additionally, allowing citizen developers to access AI tools can help identify use cases and refine outputs.
Generative AI has the potential to transform various industries by revolutionizing enterprise knowledge sharing, simplifying finance operations, assisting small businesses, enhancing retail experiences, and improving travel planning.