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AI poised to replace entry-level positions at large financial institutions

CIO

Global banks and investment firms are currently mulling plans to replace entry-level financial analyst positions with artificial intelligence (AI), with as many as two-thirds of these positions potentially on the chopping block.

Banking 884
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Google integrates Gemini AI into enterprise tools

CIO

Gemini for Workspace will also include a new standalone experience to chat with Gemini, with enterprise-grade data protection,” added the blog post. Microsoft has invested in OpenAI, which disrupted the market by launching a generative AI tool, ChatGPT, in November 2022. trillion in 2032, according to a Bloomberg Intelligence report.

Research 689
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Turbocharging business processes

CIO

Previously known as Kofax, the new identity represents a significant evolution that has seen the company both migrate its automation solutions to a cloud-based platform while also incorporating numerous aspects of artificial intelligence relating to content, decisioning, and generative AI, to improve functionality.

Business 325
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NetSuite adds generative AI to its entire ERP suite

CIO

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales. Bill Capture, too, has been made generally available.

IT 786
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It’s a new dawn of AI-powered knowledge management

CIO

From writing poems to creating images, it’s staggering how a computer can create new content from a few simple prompts. Rather than relying on APIs provided by firms such as OpenAI and the risks of uploading potentially sensitive data to third-party servers, new approaches are allowing firms to bring smaller LLMs inhouse.

Knowledge 637
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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

The new ads were created very quickly,” says Banks. And the celebrity boxer wasn’t even included in the process of generating the new AI content.” A chief commercial officer of a clothing company learned to use Midjourney to create images of new clothing products. The new sequences are then tested at the VTT lab by using E.

Biotech 699
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Whether your technology is new or old, lifecycle management is key

CIO

However, in an increasingly software-centric environment, both new and legacy assets must deliver value throughout their lifecycle. Think of how people buy phones: if they just need to make calls, an older, entry-level mobile phone fits their needs perfectly – and they will only have to replace it once it breaks.