The Importance of AI in the Financial Industry

In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, discusses how AI has emerged as a transformative force across various sectors, and the financial industry is no exception. With its ability to process vast amounts of data, uncover patterns, and make predictions with unprecedented accuracy, AI is reshaping how financial institutions operate, manage risks, and serve their clients. This article explores the multifaceted impact of AI in the financial industry, highlighting its critical role in enhancing efficiency, improving decision-making, and fostering innovation.

Announcing insideAI NEWS – Illuminating AI’s Frontiers: Your Go-To News Destination

insideBIGDATA, the leading source for news and insights about artificial intelligence, is proud to announce the relaunch and rebranding of the publication as insideAI News. The revamped platform will offer comprehensive coverage of AI  technology and implementation strategies across multiple industries, including healthcare, security, financial services, automation, and agriculture.

Bain AI Survey Results Show Enthusiasm for GenAI but is Vision AI the Next Boom?

Bain & Company released their AI Survey results illustrating that businesses are investing heavily in generative AI, with 87% of surveyed companies working with gen AI in some capacity. Business leaders are eager to see results, however, the real value comes from how AI changes what businesses can do.

The Transformative Role of AI in the Healthcare Industry

In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, discusses how the integration of AI into healthcare systems promises to enhance patient care, streamline clinical operations, and foster innovative research, marking a significant shift in how medical services are delivered and experienced.

Boomi, Connor Group, and a Cohort of Academic Researchers Collaborate to Deliver Enterprise Risk Framework for Generative AI 

Boomi™, the intelligent integration and automation leader, along with Connor Group, a leading specialized professional services firm, in association with professors David Wood (Brigham Young University Marriott School), Scott Emett (Arizona State University W.P. Carey School of Business), and Marc Eulerich (University of Duisberg-Essen) Mercator School of Management), announced the Enterprise GenAI Governance Framework — the first-ever enterprise risk framework for generative artificial intelligence (GenAI).  

New Relic  Integrates its Observability Platform with NVIDIA NIM to Accelerate AI Adoption and ROI

New Relic, the all-in-one observability platform for every engineer, announced it is integrating its platform with NVIDIA NIM inference microservices to reduce the complexity and costs of developing, deploying, and monitoring generative AI (GenAI) apps. Now, customers can use New Relic AI monitoring to gain comprehensive visibility across the AI stack for applications built with NVIDIA NIM, all with a simplified setup and while ensuring data security.

The insideAI News IMPACT 50 List for Q3 2024

The team here at insideAI News is deeply entrenched in keeping the pulse of the big data ecosystem of companies from around the globe. We’re in close contact with the movers and shakers making waves in the technology areas of big data, data science, machine learning, AI and deep learning. Our in-box is filled each day with new announcements, commentaries, and insights about what’s driving the success of our industry so we’re in a unique position to publish our quarterly IMPACT 50 List.

AI-based Small Molecule Therapeutics Pioneer Athos Therapeutics Selects Vultr for Secure AI Training in the Cloud

Vultr, the large, privately-held cloud computing platform, today announced that Athos Therapeutics, Inc. (“Athos”), a clinical-stage biotechnology company, has chosen Vultr Cloud GPU to run its AI model training, tuning, and inference. Powered by NVIDIA HGX H100 systems and running on Dell Technologies’ PowerEdge XE9680 servers, Vultr now offers Athos the needed security and confidentiality for their intellectual property, omics data, and proprietary AI algorithms.

New Global Survey Finds Enterprises Lack Direction and Training for Workers on the Use of GenAI Tools   

UiPath (NYSE: PATH), a leading enterprise automation and AI software company, published its annual Global Knowledge Worker Survey that uncovers how employees are using generative AI (GenAI), the shortcomings and risks of the technology, and the opportunity for combining GenAI with business automation. 

Lenovo Delivers Next Generation of Intel-Based Infrastructure Solutions to Simplify the AI Journey for Businesses of All Sizes

Lenovo announced the Lenovo ThinkSystem V4 portfolio of Intel-based solutions, powered by Intel® Xeon® 6 processors and designed to make AI accessible while flexibly matching the specific workloads needs of any business. The portfolio includes new AI-enabled solutions that ensure the right mix of AI is available to help customers seamlessly integrate AI into their workflows with new servers that are purpose-built and optimized to maximize performance and efficiency for targeted workloads. Additionally, new AI-powered Lenovo Systems Management solutions now use generative AI to automate and simplify deployment and configuration across increasingly distributed computing networks.