InsideAI News on the Move: Join Us at the Premier AI Industry Events!

At InsideAI News, we believe that the best way to stay at the cutting edge of artificial intelligence is by engaging directly with the innovators, thinkers, and leaders driving the industry forward. That’s why we’re thrilled to announce our in-person attendance at some of the most prestigious AI industry conferences this year

Hyperion Research Announces a 36.7% Increase in the HPC/AI Market Size

Hyperion Research announced that it has updated its market sizing for the HPC (technical computing servers) market precipitated by the unprecedented impact AI has had on the market. In addition to revenue from traditional HPC suppliers, revenue attributed to non-traditional HPC suppliers, which often comes from non-traditional HPC buyers, is now included.

Yellow.ai Launches Analyze to Elevate CX Automation with Deeper Conversational Insights and Self-learning Capabilities

Yellow.ai, a global leader in AI-first customer service automation, announced the launch of Analyze, a groundbreaking solution designed to improve bot interactions with in-depth conversational insights and advanced self-learning capabilities. Powered by an in-house LLM model, Analyze reduces ticket volume by 30% and boosts containment rates by 10%.

New RAND Research – Why do AI Projects Fail?

By some estimates, 80% of AI projects fail – more than double the rate of non-AI IT projects – but why? A group of RAND researchers investigated this issue and found five key problems leading to failure.

Workato® Launches Workato Agentic, Revolutionizing Work in the New Era of AI

Workato®, a leading AI-driven enterprise orchestration platform, today announced Workato Agentic, the company’s low-code, no-code agentic orchestration platform with two key components: Workato Genie, a framework to rapidly build and manage purpose-specific AI Agents, called Genies, that retrieve relevant information from knowledge bases, take action on applications and data, and orchestrate processes dynamically, and Genie Apps, pre-built agentic apps on Workato Genie to address various lines of business or vertical industry needs.

Synthetic Data Solves AI’s Biggest Problem

In this contributed article, Kalyan Veeramachaneni, co-founder and CEO of DataCebo, discusses how synthetic data is a useful application of AI technology that is already delivering real, tangible value to customers. More than mere fake data, synthetic data supports data-driven business systems throughout their lifecycle, particularly where ongoing access to production data is impractical or ill-advised.

Major AI Act Will Heavily Impact The Unprepared & Indecisive

Last week, the EU’s AI Act finally went into effect following final approval from EU member states, lawmakers, and the European Commission. The AI Act aims to govern how companies develop, use, and apply AI. This will be done via a risk-based approach to regulation. Each AI application will be monitored and categorized based on the “risk it poses to human society.”

insideAI News – Media Partner for AI Hardware and Edge AI Summit 2024

insideAI News is pleased to announce being a Media Partner for the upcoming AI Hardware & Edge AI Summit happening Sept. 9-12, 2024 in San Jose, Calif. Editor-in-Chief & Resident Data Scientist, Daniel D. Gutierrez will be attending in-person to keep a pulse on this advancing industry. He will be conducting interviews with some of the movers and shakers from the AI industry ecosystem.

deepset Launches Studio for Architecting LLM Applications with Native Integrations to deepset Cloud and NVIDIA AI Enterprise

deepset, the mission-critical AI company, today announced an expansion of its offerings with deepset Studio, an interactive tool that empowers product, engineering and data teams to visually architect custom AI pipelines that power agentic and advanced RAG applications. AI teams are now able to more easily build top-tier composable AI systems, and immediately deploy them in cloud and on-premises environments using deepset Cloud and NVIDIA AI Enterprise software.

Boomi Discovery Report Reveals More Than Half of Enterprises Invest in GenAI for Integration and Automation 

Boomi™, the intelligent integration and automation leader, announced findings from its Boomi Discovery Report, commissioned by 451 Research. The report, based on perspectives from 650 business and IT leaders across a broad range of industries, outlines how enterprises are using Generative AI (GenAI) to integrate systems and automate processes, and how this has helped their business operations as a result.