In this contributed article, Daniela De La Vega Smith, an accomplished legal and compliance professional, discusses how AI-driven contract analysis, workflow automation, and predictive insights are changing the game for legal operations. From optimizing contract reviews with natural language processing to enabling cross-departmental collaboration and proactive risk assessment, Daniela talks about how AI is transforming contract lifecycle management into a more efficient, accurate, and proactive function within organizations.
How AI is Transforming Legal Operations and Revolutionizing Contract Management Efficiency
Pure Storage Introduces New GenAI Pod to Accelerate AI Innovation
Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world’s most advanced data storage technology and services, today announced the expansion of its AI solutions with the new Pure Storage GenAI Pod, a full-stack solution providing turnkey designs built on the Pure Storage platform.
Snowflake Unveils Snowflake Intelligence: The Future of Data Agents for Enterprise AI
Snowflake, the AI Data Cloud company, announced Snowflake Intelligence (in private preview soon), a new platform that will enable enterprises to easily ask business questions across their enterprise data to unlock data-driven answers, and in just a few steps, create data agents that take action on those insights.
AI Automation: A New Era in Business Efficiency and Innovation
In this contributed article, Dmitry Shapiro, Founder & CEO of MindStudio, discusses how businesses worldwide are recognizing the potential of AI to not only streamline complex, data-heavy tasks but also to redefine traditional job roles, preparing organizations to thrive in an increasingly fast-paced, data-centric landscape.
At 2024 AI Hardware & Edge AI Summit: Prasad Jogalekar, Head of Global AI and Accelerator Hub, Ericsson
At the recent 2024 AI Hardware & Edge AI Summit in San Jose, Calif., I caught up with Prasad Jogalekar, Head of Global AI and Accelerator Hub at Ericsson, a Sweden based telecomm multinational.
Cloudera to Acquire Octopai’s Platform to Deliver Trusted Data Across the Entire Hybrid Cloud Data Estate
Cloudera, the hybrid platform for data, analytics, and AI, announced that it entered into a definitive agreement with Octopai B.I. Ltd. (Octopai) to acquire Octopai’s data lineage and catalog platform that enables organizations to understand and govern their data.
AI Hallucinations Are Inevitable—Here’s How We Can Reduce Them
In this contributed article, Ulrik Stig Hansen, President and Co-Founder of Encord, discusses the reality – AI hallucinations aren’t bugs in the system—they’re features of it. No matter how well we build these models, they will hallucinate. Instead of chasing the impossible dream of eliminating hallucinations, our focus should be on rethinking model development to reduce their frequency and implementing additional steps to mitigate the risks they pose.
Wealth Management Firms Expected to More Than Double AI Budgets
Wipro Limited, a leading technology services and consulting company, unveiled insights from its report, “AI in Wealth Management: Navigating an Evolving Data-Driven Landscape.” The report, based on a survey conducted among 100 executives in the U.S., examines how artificial intelligence (AI) is changing the wealth management landscape and emphasizes the importance of strategic investments in technology infrastructure.
Alteryx Announces Streamlined Enhancements for Hybrid Analytics Processes and Workflows
Alteryx, Inc., a leader in automated and AI analytics, today announced its Fall 2024 release for the Alteryx platform. The latest update supports hybrid architectures and meets customers where they are—whether in the cloud or on premises. Alteryx’s Fall 2024 release provides business analysts with a seamless analytics experience that scales data-driven insights across departments and industries.
Why Auto-Tiering is Essential for AI Solutions: Optimizing Data Storage from Training to Long-Term Archiving
In this contributed article, Gal Naor, Co-Founder and CEO of Storone, explores why auto-tiering is essential for AI solutions in terms of data storage. By embracing auto-tiering, AI-driven organizations can ensure they meet both the demands of today’s data-intensive environments and the challenges of tomorrow.