Generative AI: Will it live up to expectations?

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Generative AI has attracted immense excitement and investment, with companies pouring billions into its development. However, there’s growing concern that the hype surrounding generative AI might be overblown. If the technology fails to live up to its expectations, the market could face significant corrections. This article delves into the massive investments in generative AI, the

Crowdstrike outage: Pervasiveness of Cybersecurity platforms and importance of testing

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Yesterday, CrowdStrike, a well-known cybersecurity company, experienced a significant issue with its threat-monitoring software, Falcon Sensor. This problem led to a massive global IT disruption affecting numerous industries. In this post, we’ll break down what happened, the technical issues involved, how the problem was resolved, and the overall impact of the outage. CrowdStrike’s Falcon Sensor

Understanding Generative Adversarial Networks (GAN)

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Recently, Generative Adversarial Networks (GANs) have gained significant attention in the field of artificial intelligence (AI) for their ability to create realistic images, music, and even text. But what exactly are GANs, and how do they work? This blog post will break down the concept of GANs explaining their components, purposes, and limitations. What are

AI Hallucination

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In the fascinating world of AI, hallucination doesn’t refer to seeing pink elephants. Instead, it means when an AI confidently provides information that’s completely fabricated. Picture asking your phone for the nearest pizzeria and it gives you an address for a restaurant that doesn’t exist. That’s an AI hallucination. Practical Examples of AI Hallucination Why

AI is a now a political candidate

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An artificial intelligence candidate, AI Steve, is on the ballot for the UK’s general election. AI Steve, created by Neural Voice and represented by a Sussex businessman, aims to offer constant communication with constituents through AI. “People can ask AI Steve questions or share their opinions on Endacott’s policies on its website, during which a large

Unlocking the Full Potential of GenAI: Moving Beyond Productivity Tools to Strategic Integration

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Despite the significant hype around generative artificial intelligence (GenAI), most companies are hesitant to invest heavily in the technology. A recent report by Genpact and HFS Research reveals that only 5% of global organizations have achieved mature GenAI initiatives, while 45% are adopting a wait-and-watch approach. This hesitation stems largely from a narrow perception of

The Fed’s Balancing Act with High Interest Rates and Substantial Losses

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The Federal Reserve is currently grappling with significant financial challenges, as its balance sheet reveals roughly $1 trillion in unrealized losses, which are now translating into over $100 billion in actual losses. These losses stem from the Fed’s extensive holdings of securities purchased during past financial crises, such as the 2007-2009 financial crisis and the

Amazon Leverages AI and Computer Vision to Ensure Product Quality and Boost Sustainability

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Frustrated customers often receive incorrect products, damaged items, or packages in poor condition. To tackle these issues, Amazon is deploying computer vision and AI to ensure products arrive in pristine condition and to bolster its sustainability efforts. Dubbed “Project P.I.” (short for “private investigator”), this initiative operates within Amazon’s North American fulfilment centres, scanning millions

Unlocking Trillions: The Impact of Freddie Mac’s Entry into the Home Equity Loan Market

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Meredith Whitney’s article in the Financial Times discusses a significant proposal that could enable homeowners to access nearly $1 trillion by allowing Freddie Mac to purchase secondary mortgages. This initiative could potentially escalate to $3 trillion if other entities like Fannie Mae and Ginnie Mae join. This move is designed to provide a more cost-effective