Business locked in high-priced AI ‘arms race’

Business locked in high-priced AI ‘arms race’

Joe Fay,Technological innovation Reporter

Jon Collins Jon Collins, GigacomJon Collins

“Concern and greed” is driving financial commitment in AI states Jon Collins

There is no question we’re in an AI arms race claims Jon Collins.

He’s labored in IT for 35 decades in many roles, which include as a software programmer, systems supervisor and chief engineering officer.

He’s now an business analyst for research business Gigaom.

The present-day arms race was spurred by the launch of ChatGPT at the end of 2022, states Mr Collins.

Considering that then, lots of these generative AI techniques have emerged, and hundreds

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Micro business owners using AI to compete with big brands, industries

Micro business owners using AI to compete with big brands, industries

Over 3,000 micro business owners were surveyed by Venture Forward, GoDaddy’s international research initiative, in February 2024 about leveraging generative artificial intelligence (GenAI) to compete with large brands and level the playing field across a multitude of industries.

The findings concluded that 44% of micro businesses, companies with 10 or fewer employees, somewhat or wholly agree that AI capabilities will assist in business growth over the next year. Of those surveyed, 50% have admitted to trying AI over the past few months, but 40% of owners responded that they do not personally know of

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Massachusetts small business owners make pitch for state aid

Massachusetts small business owners make pitch for state aid

BOSTON — Boasting that he’s a “paperwork guy,” a whiz at filling out and filing forms, Neil Abramson, CEO of ECi Stores in Leominster said even he is confounded by the complexity of applying for state workforce training grants.

“And It can take up to six months to get the money back,” Abramson told legislators attending the briefing for Small Business Day Wednesday at the State House. Some grants, Abramson said, require applicants make the initial investments before getting reimbursed.

Massachusetts small business owners make pitch for state aid

His stores, Cutie Patuties, are celebrating their 25th anniversary in Leominster this year, Abramson said. They are crucial to

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Accenture Named Formal Business and Technological know-how Consulting Husband or wife of the Nationwide Football League

Accenture Named Formal Business and Technological know-how Consulting Husband or wife of the Nationwide Football League

“We are thrilled to welcome Accenture as the Formal Company and Technological innovation Consulting Associate of the NFL,” stated Tracie Rodburg, senior vice president of sponsorship management at the NFL. “We each recognize the importance of embracing improve and the transformational energy of engineering. As the video game proceeds to evolve, we will lean on Accenture’s awareness and experience to elevate various areas of our organization to advantage our game and our admirers.”


To regularly innovate both on and off the discipline, Accenture and the NFL will team up to enrich info-driven selection earning in 3 critical league organization parts:

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The Top ESG Trends Reshaping Business Over The Next Decade

The Top ESG Trends Reshaping Business Over The Next Decade

As we approach the year 2035, businesses will have more to contend with than simply maximizing revenues and profits. Companies will increasingly be held to account not just for their financial performance but also the impact their activities have on the environment and society.

This means environmental concerns will be even more critical to long-term sustainability and resilience than they are today. And the incentives for businesses to pursue policies that uphold principles of inclusivity, diversity and social justice will be greater, too.

As environmental and social governance

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