Navigating the Generative AI Wave: Insights from Leading Executives at Major Corporations

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The rapid development of generative AI technology is revolutionizing the business landscape. OpenAI’s GPT-4 and the offerings from Microsoft and Google are changing the way organisations use AI and gaining widespread attention from executive board rooms across the world. From quick market entry to cost-savings and increased economic output within the next decade, according to Goldman Sachs, the potential of generative AI has not gone unnoticed.

It is evident that organisations of all stages in the adoption of AI must prepare for this rapid change. That’s why VentureBeat has organised an event focused on how companies can navigate and successfully leverage generative AI and optimize investments for success. On July 11 and 12 in San Francisco, VB Transform will bring together technical leaders from the largest enterprises, who are all grappling with the generative AI trend in some way.

Attendees will be exposed to insights from executives like JoAnn Stonier, Chief Data Officer at Mastercard, and Wilco Schulz-Mahlendorf, Data Science Leader at Wayfair. They will learn how companies like Intuit are using GenStudio, their laboratory for scaling generative AI, along with a bimodal strategy, utilising both closed models and open-sourced models with unique value propositions for long-term projects. Moreover, the event will provide an opportunity to hear from big vendors like Microsoft and Google, and other generative AI solution providers via the Innovation Showcase and Innovation Alley.

The truth is, for companies to be able to harness the power of generative AI, they must ensure the security and protection of data, as well as customer privacy. Stonier reminds us of the importance of using such technology correctly and the impact on individuals. From Citi’s Promiti Dutt, Head of Analytics Technology and Innovation, to Apple’s stringent data regulations, businesses are learning how to be prudent with the data they expose.

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For those who are eager to get ahead in the generative AI wave, VB Transform offers an invaluable opportunity for networking and knowledge-sharing. An independent event that promises candid discussions and the chance to learn from leading companies, the early bird ticket has been extended until next week– with a discount code of VBTEXTEND99. Be sure to join and meet the likes of Mastercard, Verizon, Wells Fargo, Hyatt, Citi, Alaska Airlines, FedEx, McDonald’s, eBay, and more– to gain industry insight and stay ahead of the curve.

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