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27 August 2024
$99 or $99,000: How much does AI implementation really cost? Quick insights: • AI implementation costs range from $5,000 to over $1 million • Hidden costs include training, infrastructure and data preparation • Early AI adopters gain significant competitive advantages AI and its price tag How much does implementing AI actually cost? It's a question that's both simple to ask and complex to answer. The reality is, there's no fixed price tag for AI implementation.…
Read more13 August 2024
AI bot replacing 700 employees? What does the Klarna case teach us about AI projects? Quick Insights: Klarna's AI success: $40M predicted savings, 2.3M chats, 20+ markets AI praise overshadowed by previous employee layoffs Employee involvement key to smooth AI adoption The Power of AI in Customer Service In February 2024, Klarna, the Swedish technology giant, announced a breakthrough in its customer service operations. The company’s new AI-powered chatbot, developed in partnership with OpenAI, took…
Read more2 August 2024
Gemma 2: Google’s Game-Changer in AI Efficiency In the rapidly evolving world of artificial intelligence, Google has made a significant leap forward with its latest model, Gemma 2. This 2-billion parameter AI powerhouse is reshaping our understanding of what’s possible in machine learning, especially when it comes to efficiency and accessibility. A New Paradigm in AI Development For years, the AI community has operated under the assumption that bigger models inherently meant better performance. Gemma…
Read more8 July 2024
The AI Revolution: Hype, Reality, and the Future of Work Imagine you're at a bustling tech conference, surrounded by eager entrepreneurs and wide-eyed investors. The air is thick with excitement, and everywhere you turn, you hear whispers of the latest AI breakthrough that will "change everything." Sound familiar? Welcome to the AI hype cycle, where breathless predictions collide with the messy reality of the present. The Hype Machine in Overdrive These days, you can't swing…
Read more25 June 2024
Can GenAI replace your sales team? Once upon a time, sales was all about personal charm and a well-rehearsed pitch. Every day, salespeople would cold call prospects, manually research leads, and spend hours on administrative tasks. One day, Generative AI (GenAI) burst onto the scene, promising to revolutionize the entire sales process. Because of that, sales teams began to explore how this technology could augment their capabilities. We find ourselves on the cusp of a…
Read more27 May 2024
In a recent project with a medium-sized enterprise in the travel sector, we witnessed the transformative power of Generative AI (GenAI) in automating customer engagements. By carefully assessing their readiness and following a structured implementation approach, the company successfully integrated GenAI into their marketing and customer service functions. The results were impressive: operational costs were lowered, and customer conversion rates improved. This success story highlights the importance of thorough preparation and a well-defined implementation plan…
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