Data Processing news and trends

Verizon Expects to Double Network Thanks to AI Demand
artificial intelligence // May 14, 2024

Verizon Communications is reportedly placing a significant bet on artificial intelligence (AI) as its next major growth driver. The company, which is the largest retail wireless carrier in the United States, believes in the potential of AI to double its network over the next five years,...

How Deep Learning Lets AI Tackle Complex Tasks
artificial intelligence // May 13, 2024

Scientists and engineers are teaching machines to think like humans, using a cutting-edge approach to artificial intelligence (AI) called deep learning. Deep learning is inspired by the intricate networks of neurons in the human brain. By creating artificial neural networks with multiple layers, researchers can...

AI Explained: Large Language Models May Transform Industries 
artificial intelligence // May 06, 2024

Large language models, or LLMs, have emerged as pivotal forces in artificial intelligence.  These models, constructed on extensive datasets of human-generated text, empower machines to comprehend, produce and interact with human language. Their advent has sparked a wave of innovation across various sectors, from technology to...

Making Sense of How Firms Are Leveraging Real-Time Data
Data // April 11, 2024

An uncertain operating environment calls for controlling what is controllable. And with Mastercard’s reshuffling of its executive team on Tuesday (April 9) to add a data team, real-time visibility into operations — and transactions — is top of mind for businesses. After all, data is the new...

Interviews & Exclusives
AI Faces a Data Drought … for Real

April 10, 2024
The demand for high-quality data, essential for powering artificial intelligence (AI) conversational tools like OpenAI’s ChatGPT, may soon outstrip supply and potentially stall AI progress, industry analysts warned. The exponential reliance on comprehensive datasets is a double-edged sword for AI development. While necessary for enhancing the sophistication of models like ChatGPT, the impending data shortage […]

Why We Should Be Optimistic About the Future of AI

June 14, 2023
Does the hyper rapid rise of artificial intelligence (AI) signal the end of the world? Or the start of a new era?  Jason Verlen, senior vice president, product management, at CCC Intelligent Solutions Inc.,...

Spreadsheet Mistakes Create Costly Consequences for CFOs

November 30, 2022
New findings show the 35-year-old digital spreadsheet is proving to be error prone and costly. A widespread tool, Microsoft’s Excel spreadsheet product is ubiquitous across industries and still widely relied...

Quick Reads
Databricks and Nvidia Team to Reduce AI Data Processing Energy

June 12, 2024
Nvidia is further expanding its partnership with artificial intelligence (AI)/data company Databricks. The latest collaboration, announced Wednesday (June 12), is designed to optimize data and AI workloads by bringing Nvidia’s accelerated computing to the core of Databricks’ data intelligence platform. “As data prep, curation and processing workloads are essential to using enterprise data for generative […]

Verizon Expects to Double Network Thanks to AI Demand

May 14, 2024
Verizon Communications is reportedly placing a significant bet on artificial intelligence (AI) as its next major growth driver. The company, which is the largest retail wireless carrier in the United States,...

Datavolo Raises $21 Million to Build Multimodal Data Pipelines for AI

April 02, 2024
Datavolo has raised $21 million to continue helping customers build scalable and secure multimodal data pipelines for artificial intelligence (AI).  The company will use the new capital to harness Apache...

Kaspersky Opens ‘Transparency Center’ In Switzerland

November 14, 2018
Kaspersky Lab has announced the opening of its first Transparency Center, located in Zurich Switzerland. The Transparency Center will allow authorized partners to access reviews of a company’s code, software...