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ITN to explore how AI can be a force for good at the AI & Big Data Expo this November

AI News

From healthcare advancements and environmental sustainability to enhanced defence and security and the importance of ethical and responsible AI development, ITN Business will explore AI’s transformative capabilities that are creating a positive impact in news-style programme ‘ AI & Big Data: A Force for Good ’. ‘

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UK announces over £100M to support ‘agile’ AI regulation

AI News

The investment comes at a vital time, as research from Thoughtworks shows 91% of British people argue that government regulations must do more to hold businesses accountable for their AI systems. This aims to provide confidence to businesses and citizens on transparency. Yet with the adoption of AI, comes new challenges.

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Databricks claims DBRX sets ‘a new standard’ for open-source LLMs

AI News

“Our research shows enterprises plan to spend half of their AI budgets on generative AI,” said Dave Menninger, Executive Director, Ventana Research, part of ISG. Check out AI & Big Data Expo taking place in Amsterdam, California, and London. It’s already being integrated into Databricks’ AI products.

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Bank of England Governor: AI won’t lead to mass job losses

AI News

Bailey’s comments come as the latest economic assessment shows that UK businesses investing in AI are expected to see gains in efficiency and output. See also: Experts from 30 nations will contribute to global AI safety report Want to learn more about AI and big data from industry leaders? DEED license.

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Stephen Almond, ICO: Prioritise privacy when adopting generative AI

AI News

The Information Commissioner’s Office (ICO) is urging businesses to prioritise privacy considerations when adopting generative AI technology. According to new research, generative AI has the potential to become a £1 trillion market within the next ten years, offering significant benefits to both businesses and society.

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OutSystems: How AI-based development reduces backlogs

AI News

We’ve been through this process of educating and showing the value of automation in software development before. The bottom line for businesses is that AI-based development with a low code platform will allow them to complete projects in weeks which would otherwise take months, or even years, to develop.

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Customer Service Needs a Facelift. AI Can Help

Unite.AI

Customer service is vital to business growth and consumer loyalty. All that can add up to big savings for businesses, while increasing satisfaction levels for CS representatives as well as customers. The temptation to cut costs on such a high-priced component of business is too great for many companies to resist.

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