Investors - GenerativeAI startups attract investment; venture capital sector keen to capitalise on their potential ~
In recent years, generative artificial intelligence has emerged as a game-changing technology with immense potential across various industries.
Manish Dixit, practice head of disruptive tech at GlobalData, comments: “Generative AI can give businesses a strategic advantage by improving and supplementing the already well-adopted conversational chatbots and virtual assistants that are AI-enabled in the B2B and B2C space, particularly in the healthcare, travel & tourism, consumer, retail, banking, insurance, and telecoms.”
SOCi, which serves as a marketing platform for multi-location brands, has secured $120-million venture financing in March 2023. The capital will be used to develop a range of AI-based marketing products and expand into new markets. Recently, SOCi introduced the “Genius” product that incorporates OpenAI integration into the company’s review response management tool. This feature uses ChatGPT’s natural language model to provide intelligent responses to online reviews in real time.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Google launches ChatGPT rival, Bard | News24Google has so far proceeded more carefully in its rollout of generative AI to consumers, in contrast to Microsoft's choice to swiftly make the products available despite reports of problems
Read more »
What the law says about incorrect bargain prices on online shopsOnline shops often make pricing errors that lead to products being listed way below their actual prices. While some consumers feel they have the right to get the product at the incorrect price once payment is made, the laws on honouring advertised prices differ for physical and online stores.
Read more »
Canon partners with Redington as Kenya distributor - IT-OnlineCanon Central and North Africa (CCNA) has appointed Redington as its new authorised distributor in Kenya. “In our organisation, we place a high value on cultivating strong partnerships, and our collaboration with Redington, represents a significant milestone in our efforts to further expand our reach for the wide range of printing and copying offerings and […]
Read more »
Tech Wise Solutions partners with Sendmarc - IT-OnlineTech Wise Solutions has announced a partnership partner with Sendmarc, incorporating the Sendmarc offerings into its product stack from February 2023. Sendmarc provides email security solutions, with a platform that enables DMARC compliance across organizations of all sizes. With Sendmarc’s well-defined process, organizations can achieve full protection from email impersonation and spoofing attacks within 90 […]
Read more »
Fast Congo DRC fibre highway goes live - IT-OnlineThe Paratus Group subsidiary in the Democratic Republic of Congo (DRC), Fast Congo, has announced that its 620-kilometer fibre optic network link between Muanda on the West Coast and the capital, Kinshasa, is now active. The fibre link will deliver high speed connectivity to the region through the Paratus Group’s pan-African network. The fibre highway […]
Read more »