“Gartner analysts predict that global #AI software spending will balloon to nearly $300 billion by 2027.” That’s BILLION with a B, folks. 🤔 If you’re one of the MANY people trying to figure out which AI tools to buy, you’ve likely discovered that NOT all AI is equal. As Brian S. Raymond, Forbes Councils Member and CEO of unstructured.io, wrote in a recent Forbes post: “What many of these business leaders are learning is that as important as the algorithms are, they’re only as good as the data available to them… Still, more than a year and a half after the launch of ChatGPT, proprietary unstructured data is severely underutilized and there’s a straightforward reason for it: Unstructured data is notoriously difficult to transform into a format usable for GenAI algorithms.” 🔥 But Document Crunch excels here. We've built a powerful AI engine that speaks the language of construction. We're not just using off-the-shelf AI; we've developed purpose-built models that can spot key contract concepts with remarkable accuracy. We're also tapping into the latest large language models from industry leaders like OpenAI and Anthropic. 🧐 Here's where it gets interesting: We've created a custom AI orchestration system that combines these advanced models with our construction-specific knowledge. Think of it as a super-smart construction brain that can generate contract summaries, create project team playbooks, and even automate compliance tasks. What sets us apart is our ability to provide high-quality, fact-based results that are directly tied to your source documents and unstructured data. It's like having an AI assistant that not only gives you answers but shows its work—allowing you to trust the information while still verifying its accuracy. 📌 Learn more about our AI difference here: https://lnkd.in/gG3WSypv 📌 Read Brian’s entire post here: https://lnkd.in/eqGZV_Rs #documentcrunch #constructioncontracts #contractcompliance
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Construction Tech Marketing Leader - Startups and Growth Stage | SaaS | Construction Technology | Fintech
This is so important when evaluating #AI solutions. Worth the read
“Gartner analysts predict that global #AI software spending will balloon to nearly $300 billion by 2027.” That’s BILLION with a B, folks. 🤔 If you’re one of the MANY people trying to figure out which AI tools to buy, you’ve likely discovered that NOT all AI is equal. As Brian S. Raymond, Forbes Councils Member and CEO of unstructured.io, wrote in a recent Forbes post: “What many of these business leaders are learning is that as important as the algorithms are, they’re only as good as the data available to them… Still, more than a year and a half after the launch of ChatGPT, proprietary unstructured data is severely underutilized and there’s a straightforward reason for it: Unstructured data is notoriously difficult to transform into a format usable for GenAI algorithms.” 🔥 But Document Crunch excels here. We've built a powerful AI engine that speaks the language of construction. We're not just using off-the-shelf AI; we've developed purpose-built models that can spot key contract concepts with remarkable accuracy. We're also tapping into the latest large language models from industry leaders like OpenAI and Anthropic. 🧐 Here's where it gets interesting: We've created a custom AI orchestration system that combines these advanced models with our construction-specific knowledge. Think of it as a super-smart construction brain that can generate contract summaries, create project team playbooks, and even automate compliance tasks. What sets us apart is our ability to provide high-quality, fact-based results that are directly tied to your source documents and unstructured data. It's like having an AI assistant that not only gives you answers but shows its work—allowing you to trust the information while still verifying its accuracy. 📌 Learn more about our AI difference here: https://lnkd.in/gG3WSypv 📌 Read Brian’s entire post here: https://lnkd.in/eqGZV_Rs #documentcrunch #constructioncontracts #contractcompliance
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Unlock the Power of #LLMOps for Your AI Initiatives! As we dive deeper into the AI era, managing and scaling large language models (LLMs) efficiently becomes crucial. This is where LLMOps (Large Language Model Operations) comes into play. Just as MLOps transformed the deployment and management of machine learning models, LLMOps is set to revolutionize the way we handle LLMs. What is LLMOps? LLMOps encompasses the practices and tools required to manage, deploy, monitor, and govern large language models in a robust and scalable manner. It ensures that LLMs are not only integrated seamlessly into business processes but also continuously optimized for performance and compliance. #KeyBenefits: Scalability: Seamlessly scale your LLM deployments across various environments while maintaining high performance and low latency. Governance: Implement comprehensive governance to safeguard your AI investments, ensuring compliance and security across all deployments. Operational Efficiency: Enhance operational workflows with automated monitoring, version control, and real-time interventions to prevent unwanted behaviors such as hallucinations and data leaks. #WhyItMatters: With LLMOps, businesses can leverage the full potential of generative AI, integrating it into existing systems like Slack, Salesforce, and BI tools, and rapidly innovating new use cases. It centralizes AI workflows, making it easier to manage and optimize models, from prototyping to production. #EmbracetheFuture: Integrate LLMOps into your AI strategy to ensure your large language models are not only effective but also reliable and secure. It’s time to elevate your AI capabilities and drive transformative business outcomes. #AI #LLMOps #MachineLearning #GenerativeAI #AIInnovation #DataScience #qks
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The rise of Large Language Models (LLMs) and Retrieval-Augmented Generation (RAG) is transforming how organizations leverage AI to solve complex problems, deliver personalized experiences, and streamline workflows. Wondering what's the best approach? 1. Define Clear Use Cases: Start by identifying specific, high-impact applications for LLMs and RAG. Whether it's automating customer support, enhancing content creation, or driving innovation in product development, well-defined objectives lead to better outcomes. 2. Data Governance & Quality: Clean, accurate data is key to LLM performance. Implement strong data governance policies, ensuring the data used for retrieval and generation is relevant, unbiased, and up-to-date. 3. Combine RAG with Domain Expertise: Use RAG to pull real-time, domain-specific information, augmenting the LLM’s responses. This makes solutions more precise, improving both accuracy and user trust. 4. Model Customization & Fine-Tuning: Tailor LLMs to your business needs. Fine-tuning the models with industry-specific data can drastically enhance relevance and user satisfaction. 5. Human-in-the-Loop for Critical Applications: While LLMs can automate and enhance many tasks, human oversight is essential for critical decisions. A hybrid model ensures AI-enhanced suggestions remain aligned with business goals. 6. Monitor and Optimize Performance: Continuous monitoring of model outputs is necessary to ensure reliability and ethical AI usage. Regular evaluations and adjustments help mitigate biases and improve long-term performance. 7. Ethical and Responsible AI Use: Ensure your applications comply with ethical AI guidelines, maintaining transparency, fairness, and user privacy at the forefront. Adopting LLM and RAG strategically can lead to transformative results. By following these best practices, businesses can unlock their full potential while ensuring robust, ethical, and reliable AI-driven solutions. #AI #LLM #RAG #ArtificialIntelligence #DataScience #MachineLearning #Innovation #Automation #ResponsibleAI
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AI is only as good as the data it gets. Having clean, trustworthy data is necessary for building trustworthy AI. Making sure systems comply with laws and internal rules around data use is also critical.
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Is your data ready for the power of #GenAI? Generative AI can revolutionize your business, but only if your data is up to the task. Without strong #dataquality, even the best #AI initiatives will fail to deliver meaningful results. In this article, we explore the challenges organizations face when implementing Gen-AI and how to overcome data roadblocks for long-term success. Trust in your #data is the first step to trust in your AI. Learn more ➡️ https://lnkd.in/gDFZWR-5 #DataManagement #DataStrategy #Analytics #CDO #CloudMigration #GraphDatabase #DataPlatform
Gen-AI Runs Into a Data Quality Roadblock
processtempo.com
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Is your data ready for the power of #GenAI? Generative AI can revolutionize your business, but only if your data is up to the task. Without strong #dataquality, even the best #AI initiatives will fail to deliver meaningful results. In this article, we explore the challenges organizations face when implementing Gen-AI and how to overcome data roadblocks for long-term success. Trust in your #data is the first step to trust in your AI. Learn more ➡️ https://lnkd.in/gkWum4gr #DataManagement #DataStrategy #Analytics #CDO #CloudMigration #GraphDatabase #DataPlatform
Gen-AI Runs Into a Data Quality Roadblock
processtempo.com
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Pepper Insights AI in Private Equity: Hype vs. Reality Private markets are buzzing with AI talk, but is it all hype? Let's debunk some misconceptions: Myth 1: AI is a magic solution It's about changing workflows, not just building software. Deep collaboration between data scientists and investors is key Myth 2: ChatGPT for everything? Not quite Generative AI is great for speeding up repetitive tasks, but not real-time, high-stakes decisions in private equity Myth 3: AI only helps portfolio companies Focus on upstream too! AI can improve sourcing, due diligence, and acquisitions The future belongs to firms that invest in the right people, processes, and data to make AI truly work. Engage with specialists like Pepper, who understand the risks of generative models and can guide to mitigate them, ensuring reliable and trustworthy AI implementation. #privateequity #alternativeinvestments #investing #futureofwork #AImythbusters #AIhype #GenerativeAI https://lnkd.in/ga6QJRt3
Commentary: Misconceptions about using AI and data science in private markets investing
pionline.com
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Head of IT ♦ Seasoned VP of Enterprise Business Technology ♦ Outcome Based Large Scale Business Transformation (CRM, ERP, Data, Security) ♦ KPI Driven Technology Roadmap
Good GenAI term directory- 1. Agentic systems - does #Salesforce’s #AgentForce come from here? 😊 2. Alignment - Set of values – can one value be NO Hallucination? 3. Black box – this is a real issue. 4. Context window – race to process more tokens, is #Google’s #Gemini a clear winner? 5. Distillation – believe this is valuable! 6. Embeddings – similarities stay together 7. Fine-tuning – Not a piece of cake 8. Foundation models – we have it 9. Grounding – can help in reducing Hallucination 10. Hallucinations – blocked for enterprise use cases 11. Human in the loop – expensive approach 12. Inference – is expensive 13. Jailbreaking – is dangerous 14. Large language model – #SkyIsTheLimit 15. Multimodal AI – text, image, audio, or video … what else 16. Prompt – user interaction starts here 17. Prompt engineering – is this still new? 18. Retrieval augmented generation (RAG) – helps but expensive 19. Responsible AI - can help increase trust 20. Small language model – specific size for the specific use case (tailor-made) 21. Synthetic data – helps but is it responsible? 22. Vector database – foundational innovation! 23. Zero-shot prompting – this is a real test. https://lnkd.in/gkbpfCGe
23 key gen AI terms and what they really mean
cio.com
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As businesses scramble to take advantage of #artificialintelligence, they’re finding #data makes all the difference in using #AI effectively. A recent report from #AmazonWebServices found small and medium-sized businesses that have already integrated #dataanalysis into their operations are significantly more likely to be using #AI—and more likely to #outperform their peers in the market. They benefit from using their own #data to train and enhance #AI, leveraging documents or other files stored in #Vectordatabases which are used to provide language models with relevant content to respond to user requests. This helps in providing a chatbot with specific material to answer a tech support question. This process is called #retrievalaugmented generation," and enables #generativeAI to answer questions beyond what’s in its general-purpose training data. #SMB #AIforbusiness #trainingdata #LLM ##GenerativeAI #growth #productivity
In the AI era, data is gold. And these companies are striking it rich
fastcompany.com
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How RAG makes generative AI tools even better Over the years, many firms have been implementing generative artificial intelligence tools to manage large volumes of unstructured information and other valuable data assets. As a result, finding the most actual insights during the AI generation procedure is vital.🗂️🖥️ Large language models (LLMs) are at the heart of genAI systems. They are trained on large volumes of unstructured data, which, by the time the LLM becomes accessible for use, may be outdated and unsuitable for solving the problem.🤷 Retrieval-augmented generation (RAG) helps bridge this gap. This can be achieved by linking the LLM with external datasets like Wikipedia or corporate documents. RAG allows the LLM to search for answers and use relevant data from this database before generating the answer. Let's look at the other advantages of using RAG technology for genAI tools: ✔️Cost-effectiveness: Creating a chatbot starts with the foundation model (FM). Such solutions are available via an API and are trained on large volumes of aggregated and unlabeled data. Retraining such models to work in the conditions of a specific firm requires significant computational and monetary costs. RAG is a more cost-effective approach to transferring new insights to LLMs. ✔️Current data: Even if the initial LLM database meets your business needs, keeping the data up-to-date is not easy. RAG provides AI models access to the latest research, statistics, and news. Developers can use technology to synchronize an LLM with novel social network profiles, news portals, and other platforms where information is often updated. ✔️Significant user trust: RAG allows LLMs to provide accurate and attributable data. Anyone can search the source documents for additional explanations or more detailed data. ✔️Maximum control: RAG allows developers to track and improve the chatbot's performance. They can monitor and adjust data sources to accommodate changing requirements and functionality. You can implement authorization processes to limit access to sensitive data and ensure RAG responds appropriately. As you can see, RAG allows LLMs to use external databases to offer more informative, contextually relevant, and accurate answers in different areas. From personalizing e-commerce to more precise medical diagnoses, RAG's vast applications provide endless possibilities for genAI's future development. 🤖📈 #RAG #LLM #generativeai
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