Large Language Models news and trends

AI Explained: Data Scarcity and How It Impacts Innovation
artificial intelligence // July 15, 2024

As artificial intelligence (AI) powers a growing array of technologies, from chatbots to self-driving cars, a bottleneck has emerged: a shortage of high-quality data to train these sophisticated systems. Data scarcity, as it’s known in the industry, threatens to slow the rapid pace of AI...

BNP Paribas and Mistral Forge AI-Banking Pact
artificial intelligence // July 10, 2024

French banking group BNP Paribas has formed a partnership with AI firm Mistral. The agreement, announced Wednesday (July 10), is a multiyear partnership that provides access to Mistral’s current and future commercial artificial intelligence (AI) models across the bank’s business lines. The two companies have...

Web Scraping Wars: How Businesses Are Fighting AI Data Harvesting
artificial intelligence // July 09, 2024

As web scraping by artificial intelligence (AI) companies intensifies, businesses are grappling with the unauthorized harvesting of their online content, prompting new defensive measures that could reshape the digital landscape. Web infrastructure company Cloudflare has unveiled a new tool against content scraping that could throw...

AI Whisperers: Bright Spots in a Shifting Job Landscape
artificial intelligence // July 08, 2024

As the U.S. job market shows signs of gradual cooling, one group is experiencing an unexpected surge in demand: artificial intelligence (AI) prompt engineers. These specialists, who craft phrases to elicit specific responses from AI, are commanding six-figure salaries and sparking fierce competition among employers....

Interviews & Exclusives
Trending: How Energy Efficient LLMs Could Boost GenAI Use in eCommerce

June 26, 2024
UC Santa Cruz researchers have devised a method to significantly reduce the energy costs of running large language models. It’s a development that could significantly impact the use of artificial intelligence (AI) in eCommerce. By slashing power consumption, their approach may make advanced AI capabilities more accessible and affordable for businesses of all sizes. “We […]

Are Chatbots the New Face of Financial Customer Service?

June 19, 2024
Move over, human tellers: artificial intelligence (AI) chatbots may be the new face of banking. As digital solutions continue to disrupt the industry, experts say these conversational AI systems are...

OpenAI Delivers Subscription Model Upgrade for GPT-4o

May 13, 2024
OpenAI, the artificial intelligence (AI) company behind the widely popular ChatGPT, announced Monday (May 13) the launch of GPT-4o — with “o” meaning “omni” — a new language model free for all users....

AI Faces a Data Drought … for Real

April 10, 2024
The demand for high-quality data, essential for powering artificial intelligence (AI) conversational tools like OpenAI’s ChatGPT, may soon outstrip supply and potentially stall AI progress, industry analysts warned. The exponential...

Quick Reads
Salesforce Debuts Autonomous AI Service Agent Einstein

July 17, 2024
Customer relationship management company Salesforce has debuted its first fully autonomous artificial intelligence (AI) agent. Einstein Service Agent, announced Wednesday (July 17), is designed to replace conventional chatbots by understanding and taking action on a broad range of service issues without preprogrammed scenarios and make customer service more efficient. “Salesforce is delivering a future where […]

BNP Paribas and Mistral Forge AI-Banking Pact

July 10, 2024
French banking group BNP Paribas has formed a partnership with AI firm Mistral. The agreement, announced Wednesday (July 10), is a multiyear partnership that provides access to Mistral’s current and...

iRobot Co-Founder: Generative AI May Be Overhyped

June 30, 2024
MIT robotics professor and iRobot co-founder Rodney Brooks thinks artificial intelligence (AI) is impressive. Just not as impressive as many of its proponents have argued, Brooks told TechCrunch in an...

AI Firms Aim to Build Engagement by Making Humanlike Chatbots

June 28, 2024
People are reportedly getting a little too friendly with chatbots. Some users are exchanging a high volume of messages with these artificial intelligence (AI)-powered tools and are in some cases attributing...