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.
Cloudera to Acquire Octopai’s Platform to Deliver Trusted Data Across the Entire Hybrid Cloud Data Estate
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.
Aera Technology Introduces Agentic AI, Workspaces, and Control Roomto Enable the Full Spectrum of Enterprise Decisions
Aera Technology announced the next evolution of the company’s Aera Decision Cloud™ platform for the future of work. Major advancements, including Aera Agentic AI, Aera Workspaces, and Aera Control Room, empower users with one system of intelligence to automate routine decisions, model scenarios to support strategic decisions, and execute and track the full spectrum of enterprise decisions.
Chatbots Walked So AI Concierges Could Run
In this contributed article, Dr. Peter Graf, SVP of Strategy at Genesys, imagines a world where an AI-powered concierge can navigate complex customer support requests on your behalf. He believes the chatbots we’re familiar with today are paving the way forward for these concierges to become a reality.
Unisys AI Report: New Leadership Roles and Tech Innovation on the Rise
Unisys released its latest survey findings, The AI Equation: 2024 AI Business Impact Research, revealing how AI is reshaping industries by creating leadership roles and boosting tech training initiatives.
GenAI and the Role of GraphRAG in Expanding LLM Accuracy
In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, discusses RAG techniques, particularly those involving graph-based knowledge representation, can significantly enhance their performance. One such innovative solution is GraphRAG, which combines the power of knowledge graphs with LLMs to boost accuracy and contextual understanding.
The Path to AI Everywhere: New Study Unveils Human-First Strategy for AI-Fuelled Future of Work
Unit4, a leader in enterprise cloud applications for people-centric organizations, launched an IDC InfoBrief, sponsored by Unit4, entitled “The Path to AI Everywhere: Exploring the Human Challenges,” illustrating the strategies required to successfully build an AI-fuelled workplace of the future.