Generative AI is gaining attention, but it is not the only AI type that can enhance revenue management. Companies should integrate predictive, descriptive, and generative AI to optimize their revenue processes effectively. The collaboration of these AI types can lead to improved predictions, insights, and automated actions that drive revenue growth.
CIOs play a crucial role in leveraging AI technologies to transform revenue management. By adopting a platform approach and ensuring data quality, organizations can harness AI's full potential. Forming a revenue-specific AI council can help prioritize key use cases and address gaps in existing processes, ultimately enhancing productivity and efficiency.
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.