AIMultiple ResearchAIMultiple Research

GenAI

Generative AI in Insurance: 9 Use Cases & 5 Challenges in '24

Generative AI in Insurance: 9 Use Cases & 5 Challenges in '24

The insurance value chain, from product development to claims management, is a complicated process. The complex nature of tasks like risk assessment and claims processing poses significant challenges for an insurance company.

Jan 125 min read
Generative AI in Manufacturing Industry: 5 Use Cases in 2024

Generative AI in Manufacturing Industry: 5 Use Cases in 2024

Like in many other sectors such as retail and fashion, generative AI technology can serve as an important tool in automating and enhancing various facets of the manufacturing process for manufacturing companies. From product design to predictive maintenance, supply chain optimization, and beyond, generative AI not only streamlines operations but also fosters innovation.

Jan 33 min read
An In-depth Guide to Meta LLaMa Language Model  in 2024

An In-depth Guide to Meta LLaMa Language Model in 2024

As AI advances, the access of the research community to generative AI powered tools such as language models is important for making innovations. However, today’s AI models often reside behind proprietary walls, hindering innovation.

Jan 23 min read
Top 30 Must Know Generative AI Stats in 2024

Top 30 Must Know Generative AI Stats in 2024

Enterprises increasingly adopt generative AI, natural language processing (NLP) and neural networks to expand capabilities and enhance user experiences. This surge, however, poses an intricate challenge: understanding and applying generative AI statistics to optimize outputs while trying to maintain AI spending.

Jan 34 min read
RPA Generative AI: Top 15 Use Cases in 2024

RPA Generative AI: Top 15 Use Cases in 2024

RPA (robotic process automation) and generative AI are two popular tools in the digital transformation landscape: These two tools are widely used because of their wide-ranging capabilities. RPA’s handling of repetitive tasks enables employees to focus on higher value work; generative AI pushes the boundaries of automation through creation of original content.

Jan 105 min read
Top 7 Generative AI Services & Vendors in 2024

Top 7 Generative AI Services & Vendors in 2024

After the launch of OpenAI’s ChatGPT, generative AI technology started to grow rapidly across industries. Generative AI tools work by using deep learning techniques to create new data instances similar to the input data, giving human creativity to AI. The technology has paved the way for diverse applications in various industries and areas (Figure 1).

Feb 125 min read
Large Language Model Evaluation in 2024: 5 Methods

Large Language Model Evaluation in 2024: 5 Methods

Large Language Models (LLMs) have recently grown rapidly and they have the potential to lead the AI transformation. It is critical to evaluate LLMs accurately because: Therefore, we need to identify Because LLM evaluation is multi-dimensional, it’s important to have a comprehensive performance evaluation framework for them.

Jan 46 min read
ChatGPT WhatsApp Integration for Businesses in 2024

ChatGPT WhatsApp Integration for Businesses in 2024

WhatsApp is the leading messaging application, with an active user base that comprises 25% of the global population. Each day, roughly one million new users join the platform (Figure 1). Given these impressive statistics, WhatsApp serves as an ideal platform for businesses seeking to interact and engage with their customers.

Feb 54 min read
Enterprise Generative AI: 10+ Use Cases & Best Practices for Enterprises in 2024

Enterprise Generative AI: 10+ Use Cases & Best Practices for Enterprises in 2024

Generative AI, also called GenAI, presents novel opportunities for enterprises compared to middle-market companies or startups including: However, generative AI is a new technology with unique challenges for enterprises: Executives wonder how their organizations can reap the benefits of generative AI while overcoming these challenges.

Jan 39 min read
Generative AI Data in 2024: Importance & 7 Methods

Generative AI Data in 2024: Importance & 7 Methods

As we witness the digital transformation of industries, generative AI is rapidly carving its niche in the global AI market (Figure 1). It drives creating unique, high-quality content, simulating human language, designing innovative product prototypes, and even composing music.

Jan 34 min read