Duncan MacRae

SAS, a specialist in data and AI solutions, has unveiled what it describes as a “game-changing approach” for organisations to tackle business challenges head-on. Introducing lightweight, industry-specific AI models for individual licence, SAS hopes to equip organisations with readily deployable AI technology to productionise real-world use cases with unparalleled efficiency. Chandana Gopal, research director, Future... Read more » The post SAS aims to make AI accessible regardless of skill set with packaged AI models appeared first on AI News.

Organisations are enthusiastic about generative AI’s potential for increasing their business and people productivity, but lack of strategic planning and talent shortages are preventing them from realising its true value. This is according to a study conducted in early 2024 by Coleman Parkes Research and sponsored by data analytics firm SAS, which surveyed 300 US... Read more » The post 80% of AI decision makers are worried about data privacy and security appeared first on AI News.

AI News caught up with president of Ikigai Labs, Kamal Ahluwalia, to discuss all things gen AI, including top tips on how to adopt and utilise the tech, and the importance of embedding ethics into AI design. Could you tell us a little bit about Ikigai Labs and how it can help companies? Ikigai is... Read more » The post Kamal Ahluwalia, Ikigai Labs: How to take your business to the next level with generative AI appeared first on AI News.

Large Language Models (LLMs) have the potential to improve efficiency and safety in the finance sector by detecting fraud, generating financial insights and automating customer service, according to research by The Alan Turing Institute. Because LLMs have an ability to analyse large amounts of data quickly and generate coherent text, there is growing understanding of... Read more » The post Large language models could ‘revolutionsise the finance sector within two years’ appeared first on AI News.

The Science and Technology Facilities Council (STFC), a UK government agency that carries out research in science and engineering, has signed an agreement with Lenovo for the installation of a powerful new supercomputer for the STFC Hartree Centre. Ten times more powerful than its predecessor, but using less electricity thanks to Lenovo’s direct water cooling,... Read more » The post STFC Hartree Centre signs agreement with Lenovo for state-of-the-art supercomputer appeared first on AI News.

The Science and Technology Facilities Council (STFC), a UK government agency that carries out research in science and engineering, has signed an agreement with Lenovo for the installation of a powerful new supercomputer for the STFC Hartree Centre. Ten times more powerful than its predecessor, but using less electricity thanks to Lenovo’s direct water cooling,... Read more » The post STFC Hartree Centre signs agreement with Lenovo for state-of-the-art supercomputer appeared first on AI News.

Stanhope AI – a company applying decades of neuroscience research to teach machines how to make human-like decisions in the real world – has raised £2.3m in seed funding led by the UCL Technology Fund. Creator Fund also participated, along with, MMC Ventures, Moonfire Ventures and Rockmount Capital and leading angel investors.  Stanhope AI was... Read more » The post Stanhope raises £2.3m for AI that teaches machines to ‘make human-like decisions’ appeared first on AI News.