“I have long maintained LLMs make the poor performers mediocre, the average slightly above average, but do not change, and maybe hinder, the performance of top performers. Here’s a result from a university-level physics coding task.  https://twitter.com/deliprao/status/1772788031327523082

“Kind of wild that one of the companies with the most revenue from generative AI is a consultancy: Accenture Over $600M booked this quarter, on track for up to $2.4B annualized 🤯  https://twitter.com/peter/status/1772104137175650619?s=20 

Briefing: Canadian Pension Fund PSP To Co-Lead Funding in Cohere at $5 Billion Valuation — The Information – https://www.theinformation.com/briefings/canadian-pension-fund-psp-to-co-lead-funding-in-cohere-at-5-billion-valuation 

Heads up! You’ve scrolled to the end of this category. There may have been just one or two links (above), so go back up and double check to be sure you didn’t quickly scroll down past it.

Be Sure To Read This Week’s Main Post:

This week’s executive overview and top links are here:

AI News #25: Week Ending 03/22/2024 with Executive Summary and Top 55 Links

The post you just read is an deep dive extension of my weekly newsletter, This Week In AI, an executive summary of the top things to know in AI. Each week, I create an accessible overview for laypeople to feel confident they are conversant with the week’s AI developments. I include a curated list of must-click links of the week, to offer everyone a hands-on opportunity to explore the most intriguing updates in artificial intelligence across various categories, including robotics, imagery, video, AR/VR, science, ethics, and more. Beyond the overview, I post these topic-based deeper dives (below). If you haven’t read this week’s overview, I recommend starting there.

Credits/Sources

Most of these weekly links come from just a few prolific oversharing sources. Please follow them, as they work hard to find the news each week and they make it a lot easier for me to compile.

For previous issues, please visit the archives!

Thanks for reading!

“A new report from a16z / @sarahdingwang surveyed top enterprises on AI adoption, finding that both attitudes and investments have shifted dramatically. This stat was shocking: Enterprise spending on LLMs averaged $7M in 2023, with 2-5x budget increases planned for 2024.  https://twitter.com/rowancheung/status/1772836612352696512 

AI-Powered Accounting Startup FundGuard Locks Up $100M – https://news.crunchbase.com/ai/accounting-startup-fundguard-venture-investment/ 

AI turning nuclear power plants into prime DC real-estate • The Register – https://www.theregister.com/2024/03/25/ai_boom_nuclear/ 

Airtable AI: Transform operations with generative AI | Airtable – https://www.airtable.com/platform/ai 

The Fight for AI Talent: Pay Million-Dollar Packages and Buy Whole Teams – WSJ – https://www.wsj.com/tech/ai/the-fight-for-ai-talent-pay-million-dollar-packages-and-buy-whole-teams-c370de2b?st=2l78j42j10xntba&reflink=desktopwebshare_permalink

16 Changes to the Way Enterprises Are Building and Buying Generative AI | Andreessen Horowitz – https://a16z.com/generative-ai-enterprise-2024/

AI Now Report: The top 100 use-cases for generative AI – https://learn.filtered.com/thoughts/ai-now-report

AI21 Completes $208 Million Oversubscribed Series C Round – https://www.ai21.com/blog/ai21-completes-208-million-oversubscribed-series-c-round 
“Thrilled to announce our $6.7M seed round to help you replace GPT-4 with your own fine-tuned models! Round was led by @costanoavc alongside @ycombinator, @OfficialLoganK, @alexgraveley, @Altimor, @mojombo, @immad, @Austen and many others. ❤️  https://twitter.com/corbtt/status/1772628544721461457

One response to “Business and Enterprise AI News: Week Ending 03/29/2024”

  1. […] Business/EnterpriseAI News of the Week: This broad category is for stories that impact corporations and large scale AI implementation. Enterprise refers to a type of AI that is often custom built for a business or leverage an API to connect secure data to an AI model. This weeks’s latest enterprise AI news: https://ethanbholland.com/2024/03/29/business-and-enterprise-ai-news-week-ending-03-29-2024/ […]

Leave a Reply

Trending

Discover more from Ethan B. Holland

Subscribe now to keep reading and get access to the full archive.

Continue reading