June 29, 2023

June 28, 2023

June 30, 2023

  • Microsoft

    Microsoft unveils first professional certificate for generative AI skills

    ZDNET, 06/29/23. Microsoft is offering a new professional certificate on Generative AI as part of its Skills for Jobs program. The certificate will be given to individuals who complete the free classes on AI and pass the required exam. The Career Essentials in Generative AI program, available through LinkedIn Learning, offers a course on generative AI, which has gained popularity due to companies like Microsoft, OpenAI, and Google launching their own AI chatbots. The certificate aims to help more workers understand and effectively use AI. Additional challenges and resources are also being provided by Microsoft to further promote AI skills. READ THE ARTICLE

  •  healthcare

    The first fully A.I.-generated drug enters clinical trials in human patients

    CNBC, 06/29/23. Hong Kong-based biotech startup, Insilico Medicine, has developed the first drug fully generated by artificial intelligence (AI) to enter clinical trials with human patients. The drug, INS018_055, was created as a treatment for idiopathic pulmonary fibrosis (IPF), a chronic disease with limited treatment options. Insilico Medicine’s AI platform allowed them to design a novel drug with a new target. The current phase II trial is taking place in China, with plans to expand the testing population in the US and China. Results are expected next year, with hopes for market availability in the next few years. READ THE ARTICLE

  •  Retail

    Retail associates adapt to use AI tools

    RetailWire, 06/29/23. AI technology is transforming the retail industry, but retail associates may initially be hesitant to embrace these changes. Companies like Sam’s Club emphasize the importance of communication and earning the trust of their employees. AI algorithms and robots are being used in various ways, from predicting demand for specific items to assisting with restocking. While these innovations aim to support human workers, there are challenges in ensuring alignment between AI recommendations and human judgment. Ultimately, it is human employees who can provide the personalized customer experience that comes with emotional intelligence and real-time adaptation. READ THE ARTICLE

  •  SMBs

    How Small And Midsized Agencies Can Begin Testing The AI Waters

    Forbes, 06/29/23. In the age of AI, there is an abundance of information, opinions, and fears surrounding its impact. As a PR professional, it’s important to take an open-minded approach and educate yourself on AI. Start by prioritizing AI education for your team and exploring different tools through research and trial. Break down your workflow and identify areas where AI can streamline tasks, allowing more time for creativity. Consider your team’s strengths and weaknesses when choosing tools, and evaluate results with a critical eye. Reflect on how AI can improve your own practices and engage in conversations with others in the industry. READ THE ARTICLE

  •  Funding

    AI Funding Explosion: Inflection AI Nabs $1.3B, Runway and Typeface Also Raise Big

    Crunchbase, 06/29/23. The venture capital market is clearly not slowing down for AI startups. In a single day, three startups announced significant investments, totaling over $1.5 billion. Inflection AI led the pack with a colossal $1.3 billion funding round, supported by big players like Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and Nvidia. Runway also raised $141 million, and Typeface secured $100 million. The involvement of tech giants like Microsoft, Google, Salesforce, and Nvidia shows the high stakes and interest in the AI industry. READ THE ARTICLE

  •  Hardware

    AI requirements exceed infrastructure capabilities for many IT teams, study finds

    Networkworld, 06/29/23. According to Equinix’s Global Tech Trends Survey, the increasing adoption of artificial intelligence (AI) technology is posing challenges for IT organizations. AI hardware, especially training hardware, requires significant power and cooling infrastructure. Traditional data centers struggle to meet the power demands of the latest GPU-based racks, which can draw up to 72 kW per rack. Additionally, many companies are dealing with a shortage of skilled IT professionals. As a result, some organizations are turning to cloud service providers for AI-as-a-service solutions to overcome hardware limitations and leverage specialized expertise. READ THE ARTICLE

  • AI requirements exceed infrastructure capabilities for many IT teams, study finds

    , 06/29/23. According to Equinix’s Global Tech Trends Survey, the increasing adoption of artificial intelligence (AI) technology is posing challenges for IT organizations. AI hardware, especially training hardware, requires significant power and cooling infrastructure. Traditional data centers struggle to meet the power demands of the latest GPU-based racks, which can draw up to 72 kW per rack. Additionally, many companies are dealing with a shortage of skilled IT professionals. As a result, some organizations are turning to cloud service providers for AI-as-a-service solutions to overcome hardware limitations and leverage specialized expertise.READ THE ARTICLE