AI

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From fragility to empowerment in the era of generative AI and blockchain

The rise of #generativeAI (GAI) — exemplified by #ChatGPT — and #blockchain typify the disruptive technology challenges to our current age. Both threaten to replace jobs; GAI by its ability to simulate human reasoning and communicate through natural language, blockchain through its capacity to replace a vast economy of transactional intermediaries.

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Putting the customer first: The impact of generative AI and CX in the BFSI sector

GenAI is fast revolutionizing BFSI customer experience through personalized, efficient, and secure services. Embracing #GenAI would pave the way for seamless and personalized #CX, helping #BFSI companies achieve sustained growth, customer loyalty, and a competitive advantage in today’s digital age.

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Insignia AI Notes #5: Context is king and other learnings from building a GPT-powered website chatbot

We list down five key learnings from the experience [of building our own #GPT-powered chatbot], both from the perspective of developing the #chatbot and linking specific context to #OpenAI’s language model to developing the context itself in such a way that would make it more cost-efficient and still effective for the overall user experience. #AI…

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How IoT and AI innovations are revolutionizing the hospitality industry

The hospitality industry has been embracing #AI and #IoT over the past several years. AI can support more personalized and efficient guest experiences, but it’s important to be mindful of the ethical implications. The IoT has been particularly effective in ensuring food safety and giving guests more control over hotel room environments. In addition, tools…

Gartner survey shows generative AI has become emerging risk for enterprises

The mass availability of generative AI, such as OpenAI’s ChatGPT and Google Bard, became a top concern for enterprise risk executives in the second quarter of 2023, according to Gartner, Inc.

Capgemini : 74 percent of executives believe the benefits of generative AI will outweigh the associated concerns

Despite apparent risks, such as copyright infringement or cybersecurity, most organizations (74 percent) believe the benefits of generative artificial intelligence (AI) outweigh the associated risks, Capgemini Research Institute said Monday.

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Insignia AI Notes #4: Do you really need AI?

The road to AI adoption is complex, and it’s essential to ask if AI will truly improve work efficiencies or add more work and expound existing issues. By navigating these complexities, businesses can unlock the transformative potential of #automation, #AI, and #GenAI, driving growth and profitability in an increasingly digital world.

OKX Ventures invests $1M in Hong Kong-based AI and Web3 startup Moonbox

OKX Ventures, the investment arm of global crypto exchange and innovative Web3 company OKX, has announced a $1 million investment in Moonbox, an artificial intelligence (AI) technology and Web3-focused start-up based in Hong Kong.

Alibaba Cloud open sources Tongyi Qianwen with 7 billion parameter model

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest contribution to the open-source community by open-sourcing its 7-billion-parameter Large Language Models (LLM), Qwen-7B and Qwen-7B-Chat, through its artificial intelligence (AI) model community ModelScope, and the collaborative AI platform Hugging…

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Insignia AI Notes #3: The Generative AI flywheel in Southeast Asia and clues on what will determine market makers and leaders

Despite its complexity, the #GenAI sector in #SoutheastAsia is teeming with opportunities. With each addressed challenge, another piece of the puzzle falls into place, painting a vivid picture of a promising #AI future, writes Insignia Ventures' Paolo Joquiño.