The silent revolution of invisible AI

Artificial intelligence (AI) is now so deeply woven into every aspect of our lives that we often fail to notice its presence. From personalized recommendations to process automation and advanced analytics, AI now works quietly in the background, making things faster, smarter, and more tailored for both businesses and individuals. In the past, AI demanded direct human engagement involving manual programming and explicit instructions. Over the years, it has transitioned into an embedded, autonomous and invisible force that effectively operates in the background, quietly powering everyday human experiences.

This silent revolution has opened new avenues to improve productivity, efficiency, and revenue for companies. *According to a recent report by McKinsey, 78% of organizations have adopted AI in atleast one function, and are also using AI in more business functions than before. This article explores the unseen integration of AI into daily life and its transformative role across industries. It looks at the breakthroughs driving this change, how businesses and consumers are benefiting, and the real-world challenges that come with relying on AI.

The smarter stack: Driving cost-efficient, high-performance data engineering on NVIDIA GPU clusters with Gathr

Today, organizations recognize the critical need to integrate their data engineering and AI workflows to deliver faster insights, foster innovation, and support emerging business use cases. However, many continue to rely on siloed approaches, where data and AI processing operate separately on CPU and GPU infrastructure, respectively.

To overcome this bottleneck, it is essential for enterprises to expand GPU usage beyond AI tasks to broader data engineering processes. This approach would enhance resource utilization, reduce latency, and maximize returns on GPU investments.

Data + AI Summit 2023: A must-attend for data scientists, engineers, and business leaders

The Databricks Data + AI Summit is a premier event for data and AI professionals, featuring key industry leaders, innovative technologies, and emerging trends in the field. The annual event brings together thousands of data professionals and experts from around the world to share knowledge, insights, and experiences.

This year, the summit will be held from June 26-29, 2023, in San Francisco, California, USA. The event will be held both physically and virtually and is expected to draw thousands of attendees. Whether you’re a data engineer, data scientist, data analyst, or key decision maker, the summit offers tailored content to suit your role. This means you can expect to gain insights and practical tips on topics that are relevant to your daily work.

Here are some reasons why this event is a must-attend for anyone working in data, AI, and related fields:

Detect and prevent insider threats with real-time data processing and machine learning

Insider threats are one of the most significant cybersecurity risks to banks today. These threats are becoming more frequent, more difficult to detect, and more complicated to prevent. PwC’s 2018 Global Economic Crime and Fraud Survey reveals that people inside the organization commit 52% of all frauds. Information security breaches originating within a bank can include employees mishandling user credentials and account data, lack of system controls, responding to phishing emails, or regulatory violations.
Ignoring any internal security breach poses as much risk as an external threat such as hacking, especially in a highly regulated industry like banking. Some of the dangers of insider threats in the banking and financial industry include:

  • Exposing the PII information of the customers
  • Jeopardized customer relationship
  • Fraud
  • Loss of intellectual property
  • Disruption to critical infrastructure
  • Monetary loss
  • Regulatory failure
  • De-stabilized cyber assets of financial institutions

Identifying and fighting insider threats requires the capability to detect anomalous user behavior immediately and accurately. This detection presents its own set of challenges such as appropriately defining what is normal or malicious behavior and setting automated preventive controls to curb predicted threats.

Machine learning-based real-time threat detection for banks

The business impact of the COVID-19 pandemic continues to unfold worldwide for the financial services industry. The “new normal” has not only given rise to unprecedented operational challenges, but also provided fertile ground for hackers and threat actors to take advantage of increased vulnerabilities.

In June 2020, the Internet Crime Complaint Center at the FBI reported a 75% rise in daily digital crime since the start of stay-at-home restrictions. These cyber-crimes are not only becoming more frequent, but also more difficult to detect and more complicated to prevent. Financial institutions like banks that run hundreds of sensitive customer-facing applications are at extremely high risk.

Essentials for an enterprise data science solution

Data science solutions enable enterprises to explore their data, develop machine learning (ML) models, and operationalize them to drive business outcomes. Until recent years, data analysts and scientists had to switch from one tool to another to perform these steps, making the entire process of building models slow and cumbersome. However, modern data science solutions are changing the game by offering end-to-end workflows and advanced tools for all these processes.

Here is our take on 10 must-haves for a next-gen scalable enterprise data science solution.

To download the detailed checklist, click here.

Distributed Cloud: The Latest Innovation Accelerator

Now, in addition to public and private clouds, enterprises have the choice of combining cloud options into a distributed cloud network. In this article, Hari Kodakalla, Vice President, Cloud and Data Strategy, outlines how enterprises can adopt the distributed cloud with minimal risk and tap into its benefits to innovate, reduce time to insight, and improve the customer experience.

Read the complete article here Distributed Cloud: The Latest Innovation
Accelerator | Transforming Data with Intelligence (tdwi.org)