Generative AI

McKinsey helps banks and financial institutions with their generative AI efforts.It outlined the dos and don'ts of seeing a return on AI investments in a report.Business Insider spoke with McKinsey's Larry Lerner about what will separate winners and losers.The bill is coming due for Wall Street banks' AI investments.It's been two years since generative AI…

McKinsey helps banks and financial institutions with their generative AI efforts.It outlined the dos and don'ts of seeing a return on AI investments in a report.Business Insider spoke with McKinsey's Larry Lerner about what will separate winners and losers.The bill is coming due for Wall Street banks' AI investments.It's been two years since generative AI…

Modern factories, supply chains and Amazon have turned 'stuff' into a commodity. The same inevitable supply-and-demand dynamic could wash over us again with generative AI.The ultimate outcome may be a new limited-edition luxury item: Humans. "Live experiences are the new luxury good," Kevin Hartz said in 2013 when Eventbrite, the ticketing startup he cofounded, got a big new…

Jeff McMillan is Morgan Stanley's head of firmwide AI.His team vets all new AI pitches, but business leaders ultimately decide what to use.He outlines the multiple steps involved from pitching an idea to getting it into production.If Jeff McMillan does his job right, it will look very different in three years."Think about it. We don't…

Jeff McMillan is Morgan Stanley's head of firmwide AI.His team vets all new AI pitches, but business leaders ultimately decide what to use.He outlines the multiple steps involved from pitching an idea to getting it into production.If Jeff McMillan does his job right, it will look very different in three years."Think about it. We don't…

Jasper is a marketing platform that provides AI-driven strategies to its clients.The company is using emerging tech to target businesses interested in AI-based marketing products.This article is part of "CXO AI Playbook" — straight talk from business leaders on how they're testing and using AI. Thanks for signing up! Access your favorite topics in a…

In September 2023, Microsoft's famously soft-spoken CEO, Satya Nadella, unveiled the company's flagship AI product, Copilot, with sweeping fanfare. "Copilot will fundamentally transform our relationship with technology," he declared. The AI assistant, he predicted, would give birth to an "era that uplifts every person, industry, community, and country."Now, a year after Copilot's release, the reviews…

Following is a transcript of the video.Alex Craddock: I think, look, outside of gen AI, the only other one that is on my radar, just because probably gen AI is so overwhelming at this stage, it's hard to think about what's beyond that, I think is quantum computing.I think it's the speed and the impact…

Jassy emphasized aggressive investment in AI during a call with analysts.Amazon plans $75 billion in capex, and even more in 2025, mostly for cloud services.Amazon's AI services are rapidly growing, with significant demand for AWS's AI chips. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download…

ServiceNow reported a jump in quarterly revenue while profit soared.The company is getting real customers to pay more for generative AI services.CEO Bill McDermott spoke with Business Insider about ServiceNow's practical approach to GenAI. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app By…