Enterprises need to focus on data lakehouse strategies in 2024 to properly take advantage of generative AI; model architecture will be critical to managing large and small models; fine tuning is more difficult than you'd think; and CXOs were weary of database vendors glomming on to genAI hype.
It's easy to conclude that generative AI is going to take jobs from humans. But there's another argument that genAI will be needed just to maintain and improve productivity levels because there will be fewer workers. There’s a demographic donut hole in the workforce that may be partially ameliorated by genAI.
Wipro has named Srini Pallia CEO effective immediately replacing Thierry Delaporte, who stepped down to pursue other interests.
Archetype AI has raised $13 million in seed funding and launched Newton, a foundational model that is built to understand the physical world via data signals from accelerometers, gyroscopes, radars, cameras, microphones, thermometers and other environmental sensors.
With the move, DataStax aims to create an integrated generative AI stack to create applications. DataStax will integrate Langflow with its DataStax Astra DB and Python libraries.
Matt Wood, Vice President of AI at AWS, outlined how enterprises will mix and match multiple models depending on use case, the need for orchestration and how regulated industries may have an advantage in adopting genAI.
Palantir will move its workloads to Oracle Cloud Infrastructure in a partnership that also includes the two companies jointly selling to governments as well as enterprises.
The survey, based on 107 CEOs mostly in the US, found 56% of respondents rank efficiency and productivity as the primary benefit.
Generative AI and automation will mean low-code coding platforms will become strategic for enterprise transformation efforts. By 2025, Constellation Research estimates more than two-thirds of enterprises will have a standardized low-code tool in house.
CompTIA is projecting that data scientists and analysts, cybersecurity analyst and engineers and software developers will see the most job growth in 2024 as hiring trends normalize.
Intel outlined its Intel Foundry results as it recast its financial reporting segments and added a new CFO as the unit aims for break even.
