Things that caught my eye this week in Generative AI. | nasscom ...
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Tredence
Tredence, a startup based in San Jose which is a provider of AI & web-enabled data analytics and business intelligence solutions is investing 10% revenues to develop GenAI capabilities. It aims to enhance capabilities across engineering, customer experience, machine learning operations and supply chain in industries such as retail, consumer goods, healthcare, telecom, banking and financial services, manufacturing etc. They are building language models by fine-tuning foundational models such as llama series and anthropic’s Claude. Tredence is expecting their revenues to grow by 40-50% in 2024.
European technology company SAP
European technology company SAP which has a sizeable presence in India has accomplished 30 use cases in customer experience, HR and documentation, sales and services and has 100 more use cases in the pipeline by year-end. SAP expects the potential GenAI revenues to increase by 10-15% through code generation capabilities as mentioned by Chief AI Officer, PhiliP Hertiz. It is partnering with general-purpose AI vendors and LLM providers to build enterprise software to fuel innovation and flexibility in the company.
OpenAI
AI-powered search engine perplexity allowed access to its platform without any signups since inception. OpenAI is following a similar strategy beginning Monday. ChatGPT says that it is making AI accessible to anyone by providing free to use Chatbot without needing to sign up for the services. OpenAI is refining its tech used to clone voice as deepfakes are proliferating. To mention, Open AI text to speech feature has already been used by Spotify in order to dub podcasts for high-profile hosts such as Lex Fridman in different languages. This model is trained on an enormous number of datasets sourced from public sites. It will license its API model and will be blocking any web crawler from stealing the data. There are multiple such startups operating in the similar space such as Eleven Labs, Papercup, Deepdub, and Respeecher but Open AI claims that it will deliver higher quality speech. 
Microsoft and OpenAI
Microsoft and OpenAI are planning a $100 billion project for building a supercomputer called Stargate. It hopes to complete Stargate in 6 Years and have it operational by 2028. Alternate energy options are being explored to fuel such requirements of computing power. It is imperative that this will also require novel ways to cool the system.
