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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/double-acquisition-highlights-how-legal-industry-is-slowly-embracing-ai-4a1e042c
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/companies-increasingly-fear-backlash-over-their-ai-work-53aff47c
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/some-911-call-centers-still-havent-adapted-to-the-cellphone-41fbd195
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ai-generated-data-could-be-a-boon-for-healthcareif-only-it-seemed-more-real-5bfe52dd
Persons: Dow Jones
The AI Boom Is Here. The Cloud May Not Be Ready.
  + stars: | 2023-07-10 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-ai-boom-is-here-the-cloud-may-not-be-ready-1a51724d
Persons: Dow Jones
Companies Are Drowning in Too Much AI
  + stars: | 2023-07-07 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/companies-are-drowning-in-too-much-ai-1c27c003
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ai-promised-to-make-jobs-easier-workers-werent-so-sure-4ace9ddd
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ai-startups-have-tons-of-cash-but-not-enough-data-thats-a-problem-d69de120
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-corporate-metaverse-was-on-life-support-apple-may-or-may-not-change-that-a219bf3a
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Code Written by AI May Be Too Much of a Good ThingA growing number of Fortune 100 companies are using generative artificial intelligence to write computer code. But chief information officers worry all these new lines of code could create problems. WSJ enterprise technology reporter Isabelle Bousquette joins host Zoe Thomas to discuss their concerns. Plus, a chatbot designed to help people with eating disorders doled out weight- loss advice. WSJ family and tech columnist Julie Jargon explains what happened.
Persons: Isabelle Bousquette, Zoe Thomas, Julie Jargon Organizations: Fortune
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ai-is-writing-code-now-for-companies-that-is-good-and-bad-6f19ecdc
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/technology-was-supposed-to-transform-insurance-pricing-it-hasnt-bc80c655
Elon Musk: 'The Most Valuable Thing I Have Is Time'
  + stars: | 2023-05-24 | by ( ) www.wsj.com   time to read: 1 min
Code Written by AI May Be Too Much of a Good ThingA growing number of Fortune 100 companies are using generative artificial intelligence to write computer code. But chief information officers worry all these new lines of code could create problems. WSJ enterprise technology reporter Isabelle Bousquette joins host Zoe Thomas to discuss their concerns. Plus, a chatbot designed to help people with eating disorders doled out weight- loss advice. WSJ family and tech columnist Julie Jargon explains what happened.
Persons: Isabelle Bousquette, Zoe Thomas, Julie Jargon Organizations: Fortune
Etched, founded by Harvard dropouts Gavin Uberti, left, and Chris Zhu, has attracted funding from Primary Venture Partners and other investors. Photo: EtchedEtched , a startup that has designed a more specialized, less power-intensive chip for running generative AI models, is expected to announce Tuesday that it raised $5.36 million in a seed round led by Primary Venture Partners. San Francisco-based Etched, founded by a pair of Harvard dropouts, hopes to bring its Sohu chip to market in the third quarter of 2024 and aims to sell to major cloud providers. The seed round valued Etched at $34 million.
Epic Games said it began targeting automakers with its technology about five years ago and its Unreal Engine has already been implemented into some Volvo, Rivian and GM products. Photo: Epic GamesAutomobile technology provider ECARX is partnering with videogame maker Epic Games to bring interactive, 3-D graphics to driver dashboards and other in-car screens. The deal, expected to be announced today, will give ECARX access to Epic’s Unreal Engine, a software development framework used for videogame creation and in filmmaking. Terms of the deal weren’t disclosed.
A Bridgestone warehouse. Some tires already contain sensors that monitor pressure and wear. Tire makers are trying to develop sensors that could gather data on friction and road conditions in real time to help guide the decisions of self-driving vehicles. Photo: Toru Hanai/Bloomberg NewsTire manufacturers hope to play a critical role in feeding real-time information to self-driving vehicles, though first the companies will have to beat technical limitations and difficulties around data integration. Companies like Goodyear Tire & Rubber and Bridgestone aim to equip the tires of autonomous vehicles with sensors that can gather and relay data on friction and road conditions, helping the vehicles decide, for instance, how fast to take a turn or how soon to start braking.
Goldman Sachs CIO Tests Generative AI
  + stars: | 2023-05-02 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: 1 min
Goldman Sachs has a number of generative AI proof of concepts in place. Photo: Brendan McDermid/REUTERSThe pace of new developments in artificial intelligence came faster than expected for corporate technology leaders. Many have spent the past few months grappling with how and where they can leverage the new capabilities of generative AI and large language models, or LLMs, from categorizing reams of business documents to writing code. “The technology is changing so fast in front of our eyes that I think it’s almost like the limit is ourselves and being able to rationalize it,” said Marco Argenti, chief information officer of Goldman Sachs Group Inc.
CIOs are adopting a platform approach to IT, cutting costs by identifying applications with similar functions, said Veeam CIO Nate Kurtz. Photo: andrew caballero-reynolds/Agence France-Presse/Getty ImagesCompanies are trimming and streamlining their information technology spending amid worries about a possible recession later this year. U.S. economic growth slipped in the first quarter in the midst of still-high inflation and rising interest rates. U.S. gross domestic product, a measure of the value of all the goods and services produced in the country, rose at an inflation- and seasonally-adjusted 1.1% annual rate from January to March, a significant slowdown from 2.6% growth in the fourth quarter, the Commerce Department said Thursday.
Former truck driver Darren Suarez is terminal manager at Estes Express Lines’ Pine Brook loading dock in New Jersey. Photo: Isabelle BousquetteBeing a truck driver in the 1980s was terrible. Just ask former driver Darren Suarez, who spent years perched in boiling hot cabs with no air conditioning and only crank-down windows. Truck cabs today typically have air conditioning, and a lot else has changed since then, but one thing hasn’t: Drivers are still tasked with collecting and keeping track of detailed shipment data for logistics companies. And although that process has transitioned from paper to digital via app, drivers still bear the brunt of that burden—and it is one of the modern supply chain’s major inefficiencies.
Corporate Tech Leaders Get Back to Basics
  + stars: | 2023-04-24 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: 1 min
“It’s all about balancing priorities across both keeping the lights on, as well as new innovations, in order to support business needs,” said Sharmeelee Bala, Chief Information Officer at JCPenney. Photo: Krisztian Bocsi/Bloomberg NewsThe era of the unicorn chief information officer is over, executive recruiters say. Many companies are now looking for IT chiefs who can deliver on the basics—including uptime, security and cost optimization—rather than tremendous innovators who can push boundaries and drive major change. To blame are tighter budgets, lower appetite for risk and a realization that some companies haven’t done a great job of keeping their foundational IT investments in order in the first place, recruiters said. The shift is a natural symptom of the economic cycle, they said.
Casino operator Wind Creek Hospitality created the role of chief data and analytics officer in 2021. Companies are increasingly creating new C-suite roles with a focus on data, analytics or artificial intelligence—to the confusion, and sometimes chagrin, of chief information officers and others who previously had oversight of data. As the use of data, analytics and AI becomes a board-level concern, thanks in part to the viral popularity of ChatGPT, more companies are appointing chief data officers, chief data and analytics officers, and chief AI officers, who are often directly reporting to CEOs, said Ryan Bulkoski , global head of executive search firm Heidrick & Struggles ’ Data, Analytics & AI Practice.
‘While these short-term headwinds soften our growth rate, we like a lot of the fundamentals that we’re seeing in AWS,’ Amazon CEO Andy Jassy says. Amazon .com Inc. is facing “short-term headwinds” in its cloud-computing business, Amazon Web Services, as companies continue to look for ways to cut costs, Chief Executive Andy Jassy said in an investor letter Thursday. “One of the many advantages of AWS and cloud computing is that when your business grows, you can seamlessly scale up,” Mr. Jassy said. “Conversely, if your business contracts, you can choose to give us back that capacity and cease paying for it.”
Florida Sugar Grower’s Digital Plans Crystallize
  + stars: | 2023-04-04 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: 1 min
Florida Crystals, one of the largest growers of sugar cane in the U.S., farms 130,000 acres in Florida every season. For years, billions of dollars in technology innovation have flooded the agriculture sector, promising cutting-edge data collection and analysis around the farming process. Some farms are only now starting to figure out how to put that data to work. Florida Crystals, one of the largest growers of sugar cane in the U.S., is one of them. The privately held company farms 130,000 acres in Florida every season, and for decades it has used Excel spreadsheets or physical paper to map out when and where it would plant, tend and harvest, relying on subjective and experiential knowledge, CIO Kevin Grayling said.
Turmoil in the banking sector is spotlighting the critical role technology plays in evaluating financial risk and the strengthening ties between IT and risk leaders. Chief risk officers have become more reliant on technology to analyze data and model financial risk, and chief information officers are often responsible for providing the infrastructure that underpins that process.
Data Deluge: Businesses Struggle With TMI
  + stars: | 2023-03-21 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: 1 min
According to a global survey by Salesforce last year, 33% of business leaders said they can’t generate meaningful insights from their data and 30% said they were overwhelmed by the volume. Companies are hoovering up more data than ever before, with the goal of leveraging it for insights and efficiency. But in many cases, the amount of data is leaving them lost—drowning in a sea of terabytes they don’t know how to make sense of. “In some instances, it is overwhelming,” said Sam Jaddi , chief information officer for security company ADT Inc. The company collects three to four terabytes of data everyday—“a significant amount of data to sift through,” he added.
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