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An analogy for understanding the development of AI drugs can be found in the mechanisms of ChatGPT. As a result, it's a drug discovery process that has a 90% failure rate. Some of the noted flaws of generative AI, its propensity to "hallucinate" for example, could prove to be powerful in drug discovery. AI is learning to distinguish drugs from non-drugs, and to create new drugs, in the same way that ChatGPT can create sentences, Ellington said. Now, AI models are helping narrow down the possibilities, so scientists more quickly know the optimal modifications to try.
Persons: ChatGPT, Kimberly Powell, Google's, , AlphaFold, Powell, Rau, Lilly, Eli Lilly, Diogo Rau, It's, Amgen, Andy Ellington, Ellington, Daniel Diaz, Diaz, We've Organizations: Nvidia, CNBC Technology, Summit, University of Texas, Austin, NVIDIA, biosciences, UT's Institute, Foundations of Machine, Cadence Locations: Nature
A manufacturing facility for commercial data servers used in cloud computing. Photo: Donna Carson/ReutersBusiness technology leaders are expecting their cloud spending to grow in 2024, an increase linked in part to the growth of new generative artificial intelligence services. “Our cloud usage is up, for example, driven by our use of generative AI in drug discovery,” said Diogo Rau , executive vice president, chief information and digital officer of pharmaceutical company Eli Lilly . “The cloud is important for generative AI because it makes it possible to set up projects quickly and enables large, parallel computations to increase speed.”
Persons: Donna Carson, , Diogo Rau, Eli Lilly Organizations: Reuters Business
"It's hard to think of an area that this couldn't help," said Diogo Rau, Eli Lilly chief information and digital officer. He said Lilly already is using generative AI to write patient safety reports and clinical narratives, and ultimately, it will play a role in drug discovery. One of the most anticipated uses for generative AI is in customer relationship management, and that is happening at more companies. Others noted their firms are in the early days of rolling out code generation tools using gen AI, as well as AI "co-pilots" across many roles, and using generative AI to help make investment decisions. Generative AI could enable a more customized and pro-security posture for organizations," he said.
Persons: OpenAI, Diogo Rau, Eli Lilly, Lilly, Rau, Eddie Fox, It's, Fox, Nicole Coughlin, Cybersecurity, ransomware, Jim Richberg, Richberg, Joe Levy, Sophos, it's, Levy Organizations: CNBC, Nvidia, Google, Microsoft, TEC, CNBC Technology, Epic, AIs Locations: Cary , North Carolina, Fortinet
Corporate technology leaders are leaning on artificial intelligence and other software automation tools to help companies grow without hiring additional workers anytime soon. Diogo Rau, chief information and digital officer at Eli Lilly. The reports are often filled with scientific terms that require professionals to decipher, Mr. Rau said. Similarly, Mr. Rau is applying natural-language models to produce in-house clinical reports, replacing on-staff medical writers. All told, Gartner expects global enterprise spending on AI and other software automation systems this year to reach $728.9 billion, up from $643.3 billion in 2022.
CIOs in 2023 Want to Know: Who’s Got Talent?
  + stars: | 2022-12-27 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +5 min
As the information technology talent gap continues into 2023, chief information officers are augmenting recruiting efforts with new models like upskilling, job sharing and rotations as well as raising salaries and offering perks to retain workers. Some also believe the shifting economy could make it easier to fill vacancies, although the short term talent market remains challenging. “It’s been a source of should we, not deprioritize, but re-sequence the work that we’re doing,” Kroger CIO Yael Cosset said of the talent shortage. Duke Energy is developing certification curricula and joining with software companies on education programs to help internal talent learn new skills, said CIO Bonnie Titone. SHARE YOUR THOUGHTS What do you think CIOs can do to find and retain talent in 2023?
Bonnie Titone, chief information officer at Duke Energy Corp., a Charlotte, N.C.-based power producer, said CIOs are being told to get by with less, but without decreasing output or positive outcomes. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. One resource to keep top of mind is talent, said Brad Peterson, Nasdaq Inc.’s chief technology and chief information officer, adding that economic slowdowns can provide opportunities to reassess talent development and succession planning. Diogo Rau, chief information and digital officer at Eli Lilly Photo: Eli Lilly & Co. “My perceptions of the economy haven’t changed the way I plan to approach my role,” said Diogo Rau, chief information and digital officer at Eli Lilly & Co.
Pixar co-Founder on how technology can support creativity
  + stars: | 2022-11-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPixar co-Founder on how technology can support creativityEli Lilly and Company Chief Information and Digital Officer Diogo Rau talks to Pixar co-Founder Ed Catmull about his best advice for technologists, why companies should forego class structures, and Toy Story.
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