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Blog about Generative AI - Page 5

The Generative AI blogs category covers the latest trends, insights, and developments in artificial intelligence technologies that can create content, from text to images and music. These blogs explore various applications, ethical considerations, and innovations in the field, offering both technical analysis and practical advice.

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21 November 2024
| By Alex Shatalov

How Large Language Models (LLMs) Benefit Businesses

Benefits of LLMs (Large Language Models) are making waves in the world of artificial intelligence, and for good reason. But what exactly makes these models so powerful?  The fact is that LLMs go beyond traditional linguistic solutions and can understand and generate human-like text. As a result, they offer unprecedented opportunities to streamline operations and improve the customer experience.  So,...

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12 November 2024
| By Olha Kanishcheva

Custom Chatbot Development vs. Ready-Made Assistants: Pros and Cons for Businesses

Businesses are increasingly turning to chatbots to improve customer experience and streamline their operations. If you're considering adding a chatbot to your toolkit, you may wonder whether to go with an off-the-shelf chatbot or invest in developing a solution tailored to your specific needs. Each option has advantages and disadvantages that can significantly affect the efficiency of your business and...

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30 August 2024
| By Olha Kanishcheva

NLP in ERP Systems: Automating Information Access and Reducing Response Times

Businesses in many different industries use Enterprise Resource Planning (ERP) to facilitate their workflows. The use of ERP has many advantages, and the experience of prominent companies like Nestlé and Coca-Cola confirms this.  This active use of ERP and the ever-growing demand for it are driving the need for ERP automation with the help of Artificial Intelligence, specifically Natural Language...

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10 August 2024
| By Olha Kanishcheva

From Generic to Specific: The Art of Training GPT to Suit Your Business

ChatGPT has reshaped our interactions with chatbots, setting a new bar for digital assistance and making it easier than ever to build a chatbot for your business. You might have already witnessed its convenience for personal daily tasks. But imagine channeling the power of artificial neural networks and machine translation into your business!  Fine-tuned GPT models can enhance your employees’...

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12 April 2024
| By Alex Shatalov

Generative AI in Retail: Use Cases with Examples

Retail is one of the core industries in the world. It provides people with groceries, clothing, and other goods. As with any other industry, it is subject to changes due to technological advancements and global market shifts.  According to the NVIDIA survey, 98% of retailers are planning to invest in generative AI models over the next  18 months. And no...

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