Enterprise Applications

American venture capital firm Andreessen Horowitz has published a report examining the uptake of Generative AI by large enterprises. Authors Sarah Wang and Shangda Xu spoke with dozens of Fortune 500 leaders, and surveyed 70 more.

As the democratization of artificial intelligence continues, a new reality is dawning for brands. Data governance is not only a hot topic — it is a potentially lethal pitfall. Brands that want to survive and thrive in this new environment need to bring their data governance policies up to speed. And fast.

A roomsize computer equipped with a new type of circuitry, the Perceptron, was introduced to the world in 1958 in a brief news story buried deep in The New York Times. The story cited the U.S. Navy as saying that the Perceptron would lead to machines that “will be able to walk, talk, see, write, reproduce itself and be conscious of its existence.” More than six decades later, similar claims are being made about current artificial intelligence. So, what’s changed in the intervening years? In some ways, not much.

Commonwealth Bank of Australia (CBA) is deepening its existing partnership with Microsoft after signing a new ‘letter of intent’ to drive wider adoption of generative AI (Gen AI) and ongoing cyber security initiatives. 

Anthropic, a startup backed by Google and Amazon.com, has announced the release of Claude 3, its latest and most advanced language model to date.

The emergence of Large Language Models (LLMs) and Generative AI marks a significant leap in technology, promising to deliver transformational automation and innovation across diverse industries and use cases. Having said that, as everyone races to develop next generation AI applications, they are just as quickly coming up against new challenges and hurdles.

From drafting emails to summarising Teams meeting tasks, and even screening new prospective HR candidates, Copilot for Microsoft 365 is already revolutionising the way I work. Whilst some organisations using Copilot for M365 are already realising the tangible productivity benefits, many have no plan for rolling out Copilot, or importantly, the remediation and readiness work required to prepare their data estate to enable Copilot to make smart, safe and relevant recommendations.  

Microsoft has unveiled another edition of its Copilot AI tool specifically developed for Finance, aimed at transforming the daily operations of finance teams by automating workflows and providing insightful analytics.

The perils of legacy technology for government are well known, but in the case of SafeWork NSW they could ultimately lead to a referral to the NSW Independent Commission Against Corruption (ICAC), the state’s corruption watchdog.

The risk of outsourcing personal information handling to third parties is highlighted in the latest data breach statistics, released today by the Office of the Australian Information Commissioner (OAIC).

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