The rapid expansion of artificial intelligence (AI) is reshaping business operations, with 87% of CEOs believing its benefits outweigh the risks. A significant 75% of CEOs reported using ChatGPT, highlighting the swift adoption of AI tools comparable to the early enthusiasm for the iPad. Reports from Gartner and Accenture indicate that executives see AI as essential for achieving growth objectives and fear business failure without it.
Improving customer experience and productivity are two key areas where AI can drive significant benefits. Companies like Starbucks and Best Buy recognize that employee well-being directly impacts customer interactions, making it crucial to leverage AI for enhancing service quality. Additionally, Goldman Sachs projects that AI could boost global GDP by 7%, emphasizing its potential to transform business efficiency and decision-making.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.