Practices such as impact assessments, data curation, fairness measures, pilot studies and organisational training are some of the simple but effective approaches described in a new report that can help Australian businesses develop robust and responsible artificial intelligence (AI).

Microsoft 365 Copilot inherits all of Microsoft’s cloud security controls, but these were not designed for new AI capabilities. Security and risk management leaders must implement verifiable controls for AI data protection, privacy, and filtering of large language model content inputs and outputs.

Over the past few months, generative AI has taken the technology world by storm. As per CB Insights, 2022 was a record year for investment in generative AI start-ups, with equity funding topping $US2.6 billion across 110 deals. Whether it is content creation with Jasper.ai, image creation with Midjourney, or text processing with Azure OpenAI services, there is a generative AI foundation model to boost various aspects of your business.