The insideAI News IMPACT 50 List for Q3 2024

The team here at insideAI News is deeply entrenched in keeping the pulse of the big data ecosystem of companies from around the globe. We’re in close contact with the movers and shakers making waves in the technology areas of big data, data science, machine learning, AI and deep learning. Our in-box is filled each day with new announcements, commentaries, and insights about what’s driving the success of our industry so we’re in a unique position to publish our quarterly IMPACT 50 List.

Shreds.AI Launches an AI Capable of Generating Complex Software

Shreds.AI, an AI capable of generating complex, business-grade software from simple descriptions in record time, today announced its formal beta launch. Shreds.AI slashes the time to market for software, along with team sizes and costs, by over 80% compared to traditional software development methods. It also solves the software obsolescence problem, increases software lifespan by more than 60% with automatic maintenance and makes it easy to switch software technology, for example, from PHP to Java, from C++ to JavaScript, etc.

Unlocking the True Power of AI by Turning Conventional ML Wisdom On Its Head

In this contributed article, Iain Wallace, Director of Machine Learning and Tracking Research at Ultraleap, discusses how rethinking your approach to machine learning can drive true AI innovation.

Gretel Announces General Availability of Gretel Navigator, Empowering Enterprises with High-Quality Synthetic Data on Demand

Gretel, a leader in synthetic data generation, announced the general availability of Gretel Navigator, the agent-based, compound generative AI system built to automate data creation and curation processes for AI development. With simple natural language or SQL prompts, Gretel Navigator enables users to create, edit, and augment tabular data, and design realistic, high-quality test and training datasets from scratch. Developers can also leverage existing datasets to generate insight-rich synthetic data on demand.

New AI Data: 88% of SMBs Use AI and 40% Concerned about Security

Our friends over at Pax8, a leading cloud commerce marketplace, released a new global report in collaboration with Microsoft and Channelnomics on the AI buying trends of Small and Midsize Businesses (SMBs).  

New Global Survey Finds Enterprises Lack Direction and Training for Workers on the Use of GenAI Tools   

UiPath (NYSE: PATH), a leading enterprise automation and AI software company, published its annual Global Knowledge Worker Survey that uncovers how employees are using generative AI (GenAI), the shortcomings and risks of the technology, and the opportunity for combining GenAI with business automation. 

Low Code/No Code

In this contributed article, Ben Kliger, CEO and co-founder, Zenity, explores the connection between AI and no/low code development and how to bring application security measures to the new world of low-code/no-code app development.

AI+BI: Bridging Cognitive and Usability Gaps in Business Intelligence

In this contributed article, Saurabh Abhyankar, EVP and Chief Product Officer, MicroStrategy, explains the synergy between the two technologies and how they come together to revolutionize how we understand data, make decisions, and envision the future of business.

How Can Data Science Accelerate Drug Discovery Processes?

In this contributed article, April Miller, senior IT and cybersecurity writer for ReHack Magazine, describes how thoughtfully applied data science principles and tools empower modern researchers to find new, viable treatment methods for various diseases and ailments. Humans will always be essential to drug discoveries, but the fascinating examples here and elsewhere show the power of using purposeful data analytics to meet shared goals. 

Matillion Democratizes GenAI with No-Code Cortex Components on Snowflake AI Data Cloud

Modern data pipeline platform provider Matillion today announced at Snowflake Data Cloud Summit 2024 that it is bringing no-code Generative AI (GenAI) to Snowflake users with new GenAI capabilities and integrations with Snowflake Cortex AI, Snowflake ML Functions, and support for Snowpark Container Services.