The artificial intelligence as a service (AIaaS) market is projected to reach USD 124.2 billion by 2032, according to a report by Global Market Insights Inc. AIaaS platforms offer businesses tools to customize AI models for specific applications, driving significant growth in the sector. This expansion is fueled by substantial investments in AI research and development, as well as the proliferation of AI startups leading to innovations in algorithms, AI models, and data processing techniques.
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The advertising industry is embracing generative AI (GenAI) as a powerful tool to enhance creativity, efficiency, and data analysis. ResearchAndMarkets.com has recently added a report titled "GenAI in Advertising: How GenAI Is Shaping Advertising - and Brands' Approach to It," which delves into how this technology is being integrated into advertising strategies and the hurdles that must be overcome.
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Anyword, a leader in AI solutions for marketers, has announced the launch of the Gen-AI Performance Platform. This groundbreaking, model-agnostic, cross-platform solution is designed to unify AI-generated content for enterprise marketing teams, ensuring a consistent tone of voice across various AI models and platforms. The platform offers predictive performance scoring and real-time suggestions, empowering marketing teams with actionable insights to drive business outcomes.
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UTime partners with Dr. Ehud Baron to enhance AI-driven health products, focusing on smart medical wearables like blood pressure monitors and health mapping devices.
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CitiusTech, a leading healthcare technology provider, has introduced a groundbreaking Generative AI version of its industry-leading HEDIS (Healthcare Effectiveness Data and Information Set) solution. This innovative solution is now seamlessly integrated into CitiusTech's PERFORM+ Clinical Convergence Platform, marking a significant advancement in healthcare technology by blending the latest AI innovations with established industry practices.
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Recogni Inc., an innovator in Generative AI inference, has announced the launch of Pareto, a patented logarithmic number system designed to revolutionize AI chip design. Pareto simplifies AI computations by converting multiplications into additions, resulting in chips that are smaller, faster, and more energy-efficient.
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Quantiphi, an AI-first digital engineering company, has been honored as a Leader in the NelsonHall Wealth and Asset Management Services 2024 NEAT report within the AI & Analytics Services category. This recognition underscores Quantiphi’s significant impact and innovative solutions in the wealth and asset management industry. Quantiphi’s leadership position in AI & Analytics Services as...
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Robin AI, a leading legal artificial intelligence assistant, has announced a strategic partnership with Amazon Web Services (AWS) to advance its generative AI capabilities. By leveraging Amazon Bedrock and Amazon SageMaker, Robin AI aims to revolutionize complex legal work and expand the legal AI market. The company is also listing its products on AWS Marketplace...
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Dataiku, renowned for its Universal AI Platform, has announced a significant expansion of its LLM Mesh ecosystem. This update is designed to provide secure access to thousands of large language model (LLM) gateways, enabling data and analytics teams to effectively build and deploy GenAI-driven solutions at scale. The expansion includes the introduction of the LLM Registry, which addresses critical governance gaps to ensure regulatory compliance and effective management of LLM technologies across organizations.
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