24 September 2024

Cloud vs. Local: The GenAI Architecture Dilemma

AI, Business

Cloud vs. Local: The GenAI Architecture Dilemma As companies rush to integrate Generative AI (GenAI) into their operations, they face a crucial decision: should they deploy their models in the cloud or keep them local? This choice isn’t just a technical detail - it can significantly impact performance, security, and costs. Let’s examine the trade-offs in depth. Performance: Speed vs. Scale Cloud’s Scalability Advantage Cloud-based GenAI architectures shine when it comes to scalability. They can…

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18 September 2024

Public, Private, or Hybrid AI? Navigating Your Deployment Options 

AI, Business, Digital Transformation

Public, Private, or Hybrid AI? Navigating Your Deployment Options  Quick insights  Broad access comes with data privacy concerns in public AI systems Task accuracy improves significantly with private AI, despite higher initial costs Organizations increasingly mix public and private models to meet their needs Deciding how to use AI in your business isn't always straightforward. Each deployment option comes with its own set of advantages and challenges. What works for one company might not suit…

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27 August 2024

$99 or $99,000: How much does AI implementation really cost? 

AI, Business, Digital Transformation, Other

$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.…

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15 August 2024

The Quiet Revolution in AI: Prompt Caching

AI, Business

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…

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13 August 2024

AI bot replacing 700 employees? What does the Klarna case teach us about AI projects? 

AI, Business, Digital Transformation

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…

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8 August 2024

Why 77% of employees’ productivity is down due to AI and what can you do about it? 

AI, Business, Other

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…

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