Microsoft hires ousted OpenAI CEO Sam Altman. "We have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners," says Satya Nadella.
With holiday shopping season underway, retailers see uncertain consumer spending, better inventory positions, lower supply chain costs and customer experience investments they hope deliver.
With enterprises still kicking the tires on large language models (LLMs), use cases and generative AI applications, vendors are big on providing choice, bring-your-own-models and the ability to mix and match foundations.
The board said that Altman's departure follows "a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities."
Alibaba said it won't spin off its cloud intelligence group citing US sanctions and an uncertain demand environment.
ServiceNow's generative AI strategy revolves around what it calls "practical generative AI applications" that focus on use cases and smaller models that are more efficient.
Cisco CFO Scott Herren said customers are implementing "large amounts of recently shipped product." "We expect to see product order growth rates accelerate in the second half of the year," he said.
Nadella, speaking at Microsoft's Ignite 2023 conference, said the company wants to "bring the best selection of open-source models to Azure and do so responsibly."
Microsoft fleshed out its generative AI infrastructure plans with the launch of its custom processors for model training and inference along with Copilot Studio for new use cases.
Celonis is betting that process mining data will be the enabler for automation and generative AI across enterprises with the launch of its Process Intelligence (PI) graph.
While cloud hyperscalers have dominated the generative AI discussion, enterprises are wary of costs as well as protecting data and see hybrid approaches more viable.
