Articles about AI

Generative AI has the potential to reshape entire industries and how they operate, and financial services stand out as uniquely poised for AI-driven transformation. McKinsey & Company calls generative AI the next frontier for productivity, estimating that analyzing natural language text -- a core generative AI use case -- accounts for an average of 25 percent of the time people spend in any given enterprise.

The finance industry is a data-driven industry, so it’s no surprise that finance sector firms see big potential in using generative AI to tackle use cases that require assessing enormous amounts of unstructured data, such as company due diligence, know-your-customer (KYC) requirements, sustainability research, and controversy monitoring.

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Today at CES 2024, Lenovo introduced four new ThinkBook laptops -- the ThinkBook Plus Gen 5 Hybrid, the ThinkBook 13x Gen 4, the ThinkBook 14 i Gen 6+ and the ThinkBook 16p Gen 5.

These new laptops are designed to cater to the needs of a diverse user base, from media content creators to logistics professionals.

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As we enter 2024, IT professionals find themselves at a pivotal moment, grappling with a trio of formidable challenges: the rapid evolution of artificial intelligence (AI), the phasing out of traditional cookies, and ongoing staffing shortages.

These developments are not merely altering the IT landscape but are also necessitating a reevaluation of strategies across businesses. In response to this dynamic environment, IT teams must pivot towards adopting scalable, AI-integrated customer data management systems.

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Many leaders have been extremely aggressive about their AI strategies this year. However, despite the buzz generated by these technologies, most leaders are still scratching their heads trying to brainstorm real, practical ways to implement AI.

I’ve identified three common questions from leaders about AI for the enterprise and answered them with pragmatic guidance on the steps they can take today to make the most of these innovative technologies.

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The ChatGPT Revolution is the ultimate quick-start guide to unlocking the power of AI tool ChatGPT. We’re on the edge of an AI revolution… but what does that mean for you? It’s time to get curious about how the latest tech can help you handle your everyday load, at work and at home!

Whether you’re overwhelmed by repetitive, time-consuming tasks or you’re simply looking for a fresh injection of creativity, ChatGPT is the virtual assistant that’s got your back.

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AI’s path to maturity lacks footing without the stamp of regulation. While the recent developments of the White House executive order and the EU AI Act are a good start, there’s a lot of progress to be made in terms of AI research and rule-making. Because if we want to unlock the full range of AI use cases, we’re going to need precise regulation, tailored to the unique needs of each sector.

Generative AI sparks an opportunity to transform every industry; a prospect that has prompted a flurry of AI innovation across verticals that will undoubtedly send ripple effects throughout the economy. McKinsey estimates that across 63 different use cases, generative AI could contribute between $2.6 trillion to $4.4 trillion to the global economy annually. But sector and use-case-specific regulatory framework is imperative if we want to harness this potential and ensure responsible, safe applications of generative AI.

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AI seems to be everywhere at the moment. But despite the fact that it has become ubiquitous, it isn't all the same.

Steve Benton, VP of threat research for Anomali, talked to us about why not all AI is equal and what businesses need to consider to ensure they get the most from the technology.

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With, as yet, nothing by way of an explanation, Microsoft has decided to rename the iOS and Android versions of its Edge web browser.

Now known as Microsoft Edge: AI Browser the change of name does not appear to have been accompanied by any significant changes. The mobile web browser does, like so many Microsoft products, include its fair share of artificial intelligence-powered features as the company continues to bet big on the importance of AI.

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Following a year full of excitement and uncertainty, and more opinions about the future of AI than anyone could count, AI providers, enterprises, and policymakers are now rallying around one thing: AI security. 

The White House recently followed in the European Union’s footsteps to introduce a new set of standards for the secure development and deployment of AI models. But while regulators triangulate their policies and AI companies work to comply, the real responsibility to proceed safely will remain with enterprises. 

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The advent of artificial intelligence (AI) and large language models (LLMs) marks a significant turning point for the legal sector. Recent studies suggest a dramatic change is on the horizon, with up to 44 percent of tasks in law firms potentially being automated by AI. This impending transformation necessitates a re-evaluation of legal roles, requiring professionals to adapt and collaborate with AI while also preparing for the emergence of new positions.

AI promises to greatly enhance the efficiency and effectiveness of legal services, from streamlining the creation of legal documents, contracts, and agreements to automating repetitive tasks, to ensure accuracy and uniformity. AI's capability extends beyond mere data extraction; it can rapidly summarize complex documents like depositions and complaints and transform text into actionable insights. This will empower legal professionals to better understand and manage legal obligations, which will significantly enhance client services.

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2023 rapidly became 'The Year of AI Panic' as governments and the press entered into an AI frenzy.

Progress in Generative AI, spearheaded by GPT4’s release in March, offered users incredible tools with a visible utility and practical benefit. Its impact could be felt across their personal and business lives. From that point there has been a buzz around AI with a snowball effect across the media fueled by sudden engagement from the most senior levels of government across the planet. 2023 has seen the AI train fly across our screens, and the pace of developments from a technical, policy and regulatory perspective has been almost impossible to keep up with. So too has the FUD -- fear, uncertainty and doubt that accompanies disruption.

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AI, particularly widely available tools like ChatGPT, has made big waves in 2023. Is this set to continue into next year or will we see a different approach to using the technology?

Here are the views of some industry experts.

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A new report from Abnormal Security highlights real-world examples of how AI is being used to carry out cyberattacks.

Generative AI allows scammers to craft unique email content, making detection that relies on matching known malicious text strings infinitely more difficult.

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In 2023, we witnessed the beginnings of a global AI-driven revolution. With recent studies revealing that one in six UK organizations have already embraced artificial intelligence (AI), these technologies have solidified their position in driving the next wave of digital innovation.

However, until now, organizations have been largely focused on AI experimentation, which has limited the benefits they’ve unlocked. They are now seeking to mature their strategies and embrace AI in a more transformational manner, by embedding these technologies into their core business processes. The launch of solutions like the Open AI GPT Store towards the end of 2023 is set to accelerate this drive for AI maturity, making it easier for organizations to embed ready-built use cases into their operations.

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A new report shows that 79 percent of public sector organizations have started to use AI in production (compared to 83 percent in the private sector) but that trust remains a major concern.

The study, from enterprise resilience platform Splunk, shows trust and reliability in AI-enabled systems -- particularly around cybersecurity tools that employ AI -- continue to be the main concerns for decision-makers (48 percent public, 36 percent private).

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