AI TECH, GENERAL AI, AI APPLICATIONS
Iterate.ai | March 21, 2023
Iterate.ai, whose innovation ecosystem enables customers to build production-ready enterprise applications, today announced that its low-code Interplay platform now includes integrations with Stable Diffusion, ChatGPT, and other OpenAI tools across the fast-moving generative AI landscape. Interplay goes beyond what’s available in the industry today by enabling enterprises to fuse their custom AI models with generative AI systems to serve numerous use cases across industries.
Interplay’s new generative AI capabilities unlock even faster digital innovation while— importantly—enabling companies to always own their IP with custom AI models.
Paired together, Interplay’s low-code environment and generative AI give customers what they need to rapidly implement the most cutting-edge AI capabilities that would otherwise require significant resource investments and complex coding. Organizations can now leverage Interplay and generative AI to enhance and automate their existing product descriptions, create personalized product images on their retail sites, personalize ad campaigns with users' images and themes, build intelligent FAQs, and offer new conversational experiences, among other possibilities. Interplay and its generative AI integrations are applicable across industries, from retail to banking to insurance to healthcare.
Some of the world's largest and most innovative companies—including Ulta Beauty, Circle K, and Pampered Chef—use the Interplay low-code platform to develop, scale, and iterate applications at a fraction of the time and expense it would take to hardcode and launch similar capabilities. The platform has continued to add cutting-edge, pre-coded technologies that customers can implement with drag-and-drop simplicity, including AI, machine learning, IoT, API data connections, and other capabilities.
Iterate.ai believes that generative AI is one of today's most exciting and promising emerging technologies. Combining the power of generative AI with the Interplay low-code platform promises to further accelerate the pace that businesses can build differentiated, compelling, and modern digital experiences for their customers, employees, and partners.
Interplay’s generative AI integration enables organizations to immediately leverage three capabilities from within the low-code environment:
Text-to-code generator. Built on OpenAI, Interplay’s new text-to-code solution makes low-code application development faster. Users can generate code by entering a prompt for the desired functionality of the script from within the Interplay platform. Akin to GitHub Copilot, Interplay’s code generator actively assists developers with AI-generated low-code suggestions across the development process.
Branded image generation. Interplay enables brands, advertisers, and designers to generate images from text prompts based on a set of training images already within the brand’s intellectual property. Merchandisers can fuse their custom data into Stable Diffusion models to generate customized product images, colorways, and lifestyle images based on customers’ known preferences. Brands can upload brand images, color palettes, and other assets, enter text descriptions, and rapidly produce new images to enhance their applications and customer experiences.
GPT-3-powered training and support. Conversational experiences created by Interplay now will have the ability to answer questions and interact with customers via custom AI models and, for general queries, be able to tap into GPT-3 and other large language models (LLMs).
“Like low-code itself, generative AI promises to multiply organizations’ productivity and eliminate even more of the traditional roadblocks to harnessing powerful technological capabilities,” said Brian Sathianathan, CTO of Iterate.ai. “The potent combination of the Interplay low-code platform and generative AI now allows developers (including those without any AI expertise) to rapidly build and iteratively perfect applications that deliver the features and experiences that set their companies apart. We’re proud to place some of today’s most powerful generative AI tooling in the hands of Interplay users, and excited to see what they create as they explore its possibilities.”
Iterate.ai is the simplest, safest, and quickest way to get innovation done. Iterate offers Interplay: a low-code enterprise development platform with built-in capabilities for AI, IoT, big data, and a host of startup API connections. Iterate’s platform has three patents granted and nearly a dozen more pending. The company’s solutions appeal to executives and corporate innovators who seek low-risk, systematic ways to scale in-house, near-term digital innovation initiatives. Iterate has a global presence in North America (Silicon Valley, Colorado), Europe, and Asia (India/Sri Lanka).
AI TECH, GENERAL AI, AI APPLICATIONS
SparkCognition | March 09, 2023
On March 8, 2023, SparkCognition released its Generative AI Platform for Industrials. This will allow companies to use AI to solve problems where they couldn't before because there wasn't enough data. This is especially important for the industrial sector, where data is often limited because sensors are expensive and the machinery being monitored is hard to understand. SparkCognition's platform can help organizations get high-fidelity insights and reduce the amount of basic information they need to make good decisions by adding synthetic content to data sets on their own.
The Generative AI Platform stands out because it can make fake content in the form of text, images, audio, and other signals. This lets organizations get a fuller picture of the performance of an asset or an entire end-to-end process, turn low-resolution images into high-resolution views, and make images that can be used in simulated real-world environments. This, in turn, makes it easier for organizations to analyze complicated situations and make decisions based on data.
SparkCognition wants to make industry-specific large language models (LLMs) to improve the value of its generative AI platform. Large, unstructured datasets can be used by these deep learning algorithms to recognize, summarize, translate, predict, and make content. This technology has a wide range of effects on how companies decide which R&D investments to make first, how they manage production, how they optimize supply, how they direct distribution, and more.
Chief Data Scientist at SparkCognition, Bruce Porter, said, "Generative AI will accelerate the rate of digital transformation by disrupting the way organizations approach decision-making and data management." He also said, "With the release of the SparkCognition Generative AI Platform, industrial organizations can generate real-time, cost-effective, critical insights to solve the most pressing challenges and redefine best practices."
(Source – Cision PRNewswire)
The market for generative AI is expected to grow significantly over the next decade. Analysts predict a compounded annual growth rate of 34.6%, with a market size of $109.3B in 2030, up from $10.8B in 2022. This growth will be driven by the ability to upgrade generative models using a company's data, whether it comes from sensors or from deep learning techniques like generative adversarial networks (GANs) and variational autoencoders (VAEs). The resultant models will be trained on large datasets and then fine-tuned for industrial applications.
Overall, SparkCognition's generative AI platform has the potential to disrupt the way organizations approach decision-making and data management. It enables organizations to generate real-time, cost-effective, and critical insights to solve pressing challenges and redefine best practices.
SparkCognition is an AI solutions provider that partners with industry leaders to analyze and learn from data, optimize processes, and prevent cyberattacks. Its patented AI technologies, including machine learning and computer vision, aim to accelerate digital transformation and solve critical problems such as unexpected downtime, asset performance, and worker safety. SparkCognition's solutions also help achieve net-zero initiatives and eliminate accidents while avoiding zero-day cyberattacks.
GENERAL AI, SOFTWARE, FUTURE TECH
Veritone | February 21, 2023
Veritone, the leader in enterprise AI software and services, has released Veritone Generative AI, a platform-as-a-service that supports and orchestrates both public and domain-specific large language models. Veritone Generative AI is made to make natural language processing (NLP) more intelligent and accurate than traditional NLP methods.
With this new development, businesses can make and share content and data on a scale that is impossible for people to match. It also makes it easy for organizations with a lot of data and content to turn their assets into domain-specific, custom, large language models and knowledge graphs.
Ryan Steelberg, president and chief executive officer of Veritone, said, “We are excited to see the business community and individuals begin to adopt and appreciate the magnitude of generative AI.” He added, “Veritone is leading the enterprise charge in this space." He commented, "Our broad and diverse customer base, which has been benefiting from our aiWARE platform and the technologies, will have immediate and integrated support for this new class of generative AI models, helping to increase productivity, efficiency, reduce costs, and open up new growth opportunities." He also said, "We will continue investing in this exciting area to make AI accessible, affordable, and scalable, for every organization.”
(Source - Businesswire)
This gives organizations with a large amount of data and content new, predictive AI-generated content that engages audiences more, improves human experiences and communication, and opens up new revenue opportunities. Veritone's generative AI is the best way for businesses to find out what their data and content are worth.
Veritone (NASDAQ: VERI) is a market leader in artificial intelligence (AI) solutions for businesses. Veritone's services, software, and industry applications simplify data management for organizations in both the commercial and regulated sectors, enabling the world's largest and most recognizable brands to run more efficiently, accelerate decision-making, and increase profitability. aiWARETM, Veritone's leading enterprise AI platform, orchestrates an ever-expanding ecosystem of machine learning models to convert audio, video, and other data into actionable intelligent insights. Veritone builds and develops AI solutions that solve today's and tomorrow's problems through its robust partner ecosystem and professional and managed services.