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The adoption of AI is accelerating, with impressive results. Organizations are experiencing notable cost reductions and efficiency gains, with 42% reporting decreased costs due to AI. Moreover, 59% have seen increased revenues attributed to AI, showcasing its impact on business operations.
Procurement leaders are recognizing the power of AI-powered spend management in various functions, from sourcing to compliance. The use of AI is becoming more prevalent, with 394 earnings calls in 2023 mentioning AI, representing nearly 80% of all Fortune 500 companies. The article highlights the importance of change management and the role of AI in reshaping procurement processes for efficiency and cost savings.
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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
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
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.
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