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☆ SandboxAQ Buys Good Chemistry, Melding AI and Quantum Tech for Drug Discovery
▼ + stars: | 2024-01-13 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

Fernando Dominguez Pinuaga, a vice president at SandboxAQ, at a conference on AI and quantum simulation. Both SandboxAQ and Good Chemistry use algorithms designed to leverage the advanced capabilities of quantum computing to simulate the behavior of materials at molecular level, said Jack Hidary, CEO of SandboxAQ. Photo: SandboxAQArtificial intelligence and quantum company SandboxAQ on Tuesday is expected to announce it acquired Good Chemistry, a deal aimed at addressing demand for technology that speeds up development of new drugs or new materials at lower cost. The deal was worth approximately $75 million in cash and stock, according to sources with knowledge of the acquisition.

Persons: Fernando Dominguez Pinuaga, Jack Hidary Organizations: SandboxAQ Locations: SandboxAQ

☆ AI Has a Trust Problem. Can Blockchain Help?
▼ + stars: | 2024-01-13 | by ( Isabelle Bousquette | ) www.wsj.com time to read: +1 min

Blockchain is best known as the ledger of cryptocurrencies. Some tech vendors say the technology could track in granular detail the data that artificial intelligence is trained on, and could be useful when AI churns out dubious results. Photo: Omar Marques/Zuma PressThe difficulty of ensuring artificial intelligence algorithms are safe, unbiased and accurate is turning some companies to a technology once hyped as transformative, but that has failed to catch on in business: blockchain. Known for underpinning bitcoin and other cryptocurrencies, blockchain is a data structure that makes it possible to create a digital ledger of transactions and share it among a network of computers. Once a transaction is made, the blockchain remains an immutable record of it.

Persons: Blockchain, Omar Marques Organizations: Zuma

☆ Companies Hesitate on Specialized Industry Clouds
▼ + stars: | 2023-11-21 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

Daniel Seay, CIO of Fifth Third Bank’s commercial bank division, says he hasn’t seen a ’catalyst’ for using a banking-specific cloud. Photo: Stephen Zenner/Zuma PressCloud platforms specialized for given industries are off to a slow start, with some companies saying they simply don’t need them, thanks to existing software and their own customizations. “There hasn’t been a catalyst to say, ‘I’m gonna go with an industry-specific cloud’,” said Daniel Seay , chief information officer of Fifth Third Bank’s commercial bank division. “I can use my private cloud or I can use one of the hyperscalers along with another software firm and meet my needs in a more cost-effective, proven way at this point.” (Hyperscalers refers to the largest cloud companies, among them, AWS, Microsoft Azure and Google Cloud.)

Persons: Daniel Seay, Stephen Zenner, hasn’t, I’m, ” Organizations: Zuma, Microsoft, Google

☆ OpenAI Turmoil Leaves Some CIOs Questioning the AI Powerhouse’s Future
▼ + stars: | 2023-11-21 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

Microsoft said it is hiring Sam Altman to helm a new advanced artificial-intelligence research team, after his bid to return to OpenAI fell apart Sunday. Altman, left, appears onstage with Microsoft CEO Satya Nadella at OpenAI’s first developer conference, on Nov. 6 in San Francisco. Photo: Barbara Ortutay/Associated PressSome chief information officers are questioning the viability of ChatGPT maker OpenAI following the unexpected ouster of chief executive Sam Altman on Friday, his subsequent hire by Microsoft and an unresolved threat by hundreds of OpenAI workers to quit and follow him there. “Long-term viability of any platform is important when making decisions,” said Todd Florence, chief information officer of Estes Express Lines, a Richmond, Va.-based trucker. “Friday certainly calls that into question in regards to OpenAI.”

Persons: Sam Altman, OpenAI, Altman, Satya Nadella, Barbara Ortutay, “, ”, Todd Florence Organizations: Microsoft, OpenAI’s, Associated Press, OpenAI, Estes Express Locations: San Francisco, Richmond, Va

☆ Companies Tried to Spend Less on Cloud. Then AI Showed Up.
▼ + stars: | 2023-11-15 | by ( Belle Lin | Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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

☆ Amazon’s New Approach to Selling Enterprise Software? In-Person Demos
▼ + stars: | 2023-11-10 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Carriers Look to Offer Fast-Lane Access on 5G Networks
▼ + stars: | 2023-11-03 | by ( Isabelle Bousquette | ) www.wsj.com time to read: +1 min

A gamer plays a GeForce NOW game inside a pop-up converted phone box powered by 5G. Photo: Anthony Devlin/Zuma PressNetwork carriers, looking to build new business around 5G, are exploring nascent technology that would allow them to better and more quickly deliver certain apps and services on their network—but this technology, known as network slicing, could potentially run afoul of net-neutrality regulations. In the current model, all data traffic from phones is typically funneled through the same network. Carriers are able to prioritize the voice calls that they handle on that network, but they rarely have visibility into what else users are doing through other apps. In other words, someone using a videoconferencing telehealth app has no priority over someone scrolling social media or streaming video—despite the fact that faster delivery is much more critical for that service, said Chris Sambar , head of network at AT&T .

Persons: Anthony Devlin, Chris Sambar Organizations: 5G, Zuma Press Network, Carriers

☆ Microsoft’s Hotly Anticipated Generative AI Work Assistant Set to Debut
▼ + stars: | 2023-10-31 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

“We are using this AI inflection point to redefine our role,” said Satya Nadella, Microsoft’s chief executive, after the company’s recent results. Photo: annegret hilse/ReutersStarting Wednesday, businesses gain access to Microsoft ’s enterprise Copilot, one of the highest-profile AI tools to hit the market. CIOs say they are brushing up on employee training and building business cases to ensure executive buy-in on the tool. Copilot leverages generative AI across the Microsoft 365 suite by doing most things you might ask a business assistant to do, like summarizing video calls, writing draft responses to emails, and transforming Word documents into PowerPoint presentations, said Jared Spataro, corporate vice president of Modern Work and Business Applications at Microsoft.

Persons: ”, Satya Nadella, annegret, Jared Spataro Organizations: Microsoft, Modern

☆ CIOs Assess Whether Microsoft’s AI Copilot Justifies Premium Price
▼ + stars: | 2023-10-31 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

“We are using this AI inflection point to redefine our role,” said Satya Nadella, Microsoft’s chief executive, after the company’s recent results. Photo: annegret hilse/ReutersAfter months of speculation about how generative AI might transform business, Microsoft is poised to make its AI Copilot available through its 365 platform, a test of whether CIOs believe the technology will generate enough value to justify a premium price. CIOs say they are eager to test out the AI assistant, even though the cost is a consideration for some. Copilot leverages generative AI across the Microsoft 365 suite by doing most things you might ask a business assistant to do, like summarizing video calls, writing draft responses to emails and transforming Word documents into PowerPoint presentations, said Jared Spataro, corporate vice president of Modern Work and Business Applications at Microsoft.

Persons: ”, Satya Nadella, annegret, CIOs, Jared Spataro Organizations: Microsoft, Modern

☆ The App Store—But For Cars—May Not Be Far Off
▼ + stars: | 2023-10-26 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

Taking a cue from Apple’s approach to third party applications, GM released a set of open source APIs. Photo: General MotorsGeneral Motors is rethinking traditional software development processes to target more innovation and better software, faster. Taking a cue from Apple ’s approach to third party applications, GM earlier this month released a set of open source APIs, or application programming interfaces, designed to let developers build apps that can integrate with connected vehicle hardware such as windows, headlights, and infotainment systems. APIs are the critical connective tissue of software development, allowing pieces of code from one application to connect with another. Opening APIs to the broad community of software developers is a crucial step in getting to a more Apple-like ecosystem of apps and innovation.

Organizations: GM, General Motors General Motors, Apple

A bewildering array of new terms has accompanied the rise of artificial intelligence, a technology that aims to mimic human thinking. From generative AI to machine learning, neural nets and hallucinations, we’ve gained a whole new vocabulary. Here’s a guide to some of the most important concepts behind AI to help demystify one of the most impactful technology revolutions of our lifetime:

Persons: we’ve

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Persons: Dow Jones, 60cea308

☆ Relocation Concerns Slow Hiring of New Tech Leaders
▼ + stars: | 2023-10-05 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones, 9a4f8522

☆ It’s Photons Over Electrons in Effort to Eke Out Better Chip Performance
▼ + stars: | 2023-10-02 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Chip Companies See the Light
▼ + stars: | 2023-09-27 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ GPUs Transformed AI. Now They’re Here For Quantum.
▼ + stars: | 2023-09-21 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

CIO JournalUptake of agtech tools has been tepid, and even many farmers who do use them struggle with the software and a flood of data from their farms.

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Persons: Dow Jones

☆ Some Quantum Software Works Today. Down the Road, It Might Not.
▼ + stars: | 2023-09-15 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Companies Want Workers to Trust AI—but Not Completely
▼ + stars: | 2023-09-13 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ EY Unveils Fruits of $1.4 Billion Artificial-Intelligence Investment
▼ + stars: | 2023-09-13 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Isabelle Bousquette — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-09 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

Isabelle BousquetteIsabelle Bousquette is a reporter covering enterprise technology, data and artificial intelligence for The Wall Street Journal in New York. She writes frequently on the benefits and drawbacks of emerging technologies and the role they play in the corporate world. Isabelle is a 2021 recipient of the Pulitzer Traveling Fellowship, awarded to the top four graduates each year of Columbia Journalism School. Isabelle joined the Journal from Forbes, where she worked to estimate the net worth of billionaires. Prior to Forbes, Isabelle wrote a series of investigative stories about local museums for the Detroit Free Press.

Persons: Isabelle Bousquette Isabelle Bousquette, Isabelle, Forbes Organizations: Wall Street, Fortune, Columbia Journalism School, University of St, Forbes, Detroit Free Press Locations: New York, Andrews, Scotland

☆ Companies Want Workers to Trust AI—But Not Completely
▼ + stars: | 2023-09-08 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Companies Will Use Generative AI. But Will They Tell You About It?
▼ + stars: | 2023-08-31 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Train Wi-Fi Can Be Terrible. Operators Are Looking High and Low for Solutions.
▼ + stars: | 2023-08-30 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

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