Otto Group, a global retail company, has launched ogGPT, an internal, privacy-compliant tool leveraging generative AI. The tool equips employees with an AI assistant with access to internal company information.

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AI'm Informed

26.03.2024

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📈 How are companies using AI?

 

➜ AI-powered company memory. Otto Group, a global retail company, has launched ogGPT, an internal, privacy-compliant tool leveraging generative AI. The tool equips employees with an AI assistant with access to internal company information.

Microsoft

 

➜ AI real estate agents. Las Vegas-based Luxury Realty Group is introducing an AI real estate agent to help families find homes across the valley. How do you feel about AI helping you buy your next home? 

KTNV


➜ Future of banking: Fewer employees, AI takes over – says Bank of America CEO. Staff shrinking is already happening. In the last 10 years, Bank of America halved its retail business staff, while growing consumer deposits by $500 billion.

WSJ

➜ Generative AI nurses. In a demo posted by Nvidia, an AI agent instructs a patient on how to take penicillin. Nvidia signed a deal with Hippocratic AI, the company behind generative AI care agents that are being directly promoted as a way to undercut real human nurses ($9/h vs. $90/h). They come in specialties from “Colonoscopy Screening” to “Breast Cancer Care Manager.” Who saw THAT coming?

Quartz 

 

➜ Let’s get hyperpersonal. 72% of US digital retailers believe generative AI and AI-driven personalization affect their business the most this year.

eMarketer


➜ Yet, despite strong enthusiasm and demand for the technology, retailers are struggling with generative AI deployment. The major challenge is a lack of a cohesive data strategy, an analysis of nearly 1,400 retail industry decision-makers by Salesforce and Retail AI Council revealed.

TechRadar

 

➜ “It seems short-sighted not to try it, use it, experiment with it” – that’s how Robin Bigio, Head of Design at Faire views AI and generative AI in design work. The San Francisco-based company is empowering brands and retailers to strengthen the unique character of local communities. Bigio was our guest on a live-streamed podcast.

Disruption Talks by Netguru (Spotify)

 

💡 What are the nerds up to?

 

➜ GitHub AI code autofix is now in public beta. The service, which automatically detects code vulnerabilities and suggests fixes, is available for enterprise users. Autofix supports JavaScript, Typescript, Java, and Python, with C# and Go coming next.
GitHub

 

➜ A re-run of the “Moneyball” movie coming soon? Google DeepMind, an AI research laboratory, published the results of their three-year collaboration with Liverpool FC. The outcome is a full AI system that can advise coaches on corner kicks.

DeepMind


➜ “It's not really intelligence, it’s something else.” What aspects of the leap from GPT-4 to GPT-5 excite Sam Altman? Altman shares his thoughts on OpenAI, GPT-5, Sora, Board Saga, Elon Musk, Ilya, Power & AGI.

Lex Fridman Podcast

 

➜ Journalists’ and research analysts’ jobs seem safe for now. Misho Dungarov asked top AIs (Claude 3, GPT-4, and Mistral Large) to summarize 8 earnings call reports and later compared the results to Reuters, Bloomberg, and Barron’s analyses of those exact reports.

TowardsDataScience


➜ AI demo trap. “Demos reward human-like skeuomorphism, but real-world users of your application do not,” offers interesting insights from Alpharun on designing AI experiences.

Alpharun

Thanks for reading!

I share these stories because I believe it's important for all of us to keep up with AI. To support my mission, share this newsletter on LinkedIn.

kuba filipowski
Kuba Filipowski
CEO and Co-founder at Netguru
LinkedIn
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Netguru S.A., Małe Garbary 9, Poznań, Polska 61-740, Poland

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