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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 more15 August 2024
The Quiet Revolution in AI: Prompt Caching Anthropic has introduced a feature for their Claude models that might not sound exciting at first, but could revolutionize how we build AI applications. It's called prompt caching, and it promises to cut costs by up to 90% and speed things up by 85%. That's a significant development in the world of AI. What is Prompt Caching? Prompt caching is a method to avoid sending the same information…
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 more8 August 2024
Why 77% of employees' productivity is down due to AI and what can you do about it? Quick insights: AI is causing unexpected productivity challenges for employees Gap between executives and employees widens when AI is introduced Successful AI implementation lies in active engagement of the workforce The AI productivity paradox AI entered today's workforce promising great productivity gains and efficiency. However, there's a major roadblock on the way to success - the disconnect between…
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 more31 July 2024
GPT-4 Mini: A new chapter in AI accessibility and performance The GPT-4 Mini appears to be a landmark achievement in the rapidly evolving world of artificial intelligence. This innovative AI model represents a significant advance, offering impressive performance in a compact and economical form factor. Revolutionary cost efficiency The GPT-4 Mini stands out above all for its competitive price. Processing one million input tokens costs just 15 cents, making it 60% cheaper than the GPT-3.5…
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