Document automation has become a key tool for enterprises to improve efficiency and reduce costs. With the rise of generative AI in late 2022, Large Language Models (LLMs) like GPT, Gemini and Llama have demonstrated immense potential in document automation processing.
A new study published in Nature has raised alarm bells about the future of artificial intelligence (AI) development, warning that training AI models on AI-generated text can lead to rapid deterioration in output quality. This phenomenon, dubbed "model collapse," could potentially halt progress in large language models (LLMs) as they exhaust human-derived training data and increasingly encounter AI-generated content online.
Australian businesses are facing unprecedented financial risks from data breaches, with the average cost reaching a record AUD $4.26 million in 2024, according to IBM's annual Cost of a Data Breach Report, a 27% increase since 2020.
The Victorian Office of Public Prosecutions (OPP) has implemented a new matter management system, 'Amicus', on the Appian AI Process Platform. The solution leverages Appian's data fabric and process automation technology suite to accelerate prosecutions. Using Appian, the OPP anticipates a productivity gain of over 10% annually.
The Australian Securities and Investments Commission (ASIC) and the Office of the Australian Information Commissioner (OAIC) have signed a Memorandum of Understanding (MoU) for the sharing of data and privacy breach information.
Manufacturing companies are scaling back their plans to deploy to Generative AI initiatives amid increasing worry about the models sharing inaccurate information, a new study has found.
The Australian Department of Employment and Workplace Relations has signed a $330K contract with Kapish for Licensing and support for its Content Manager EDRMS.
Eighty percent of organizations have increased their investment in generative AI since 2023, and 20% have maintained their investment level, according to Harnessing the value of generative AI: 2nd edition – a new report from Capgemini Research Institute.
Planit, a provider of testing services worldwide, has emphasized the crucial role of thorough testing before releasing software following the recent CrowdStrike 2024 outage.
On Friday, the world suffered what many have described as the largest IT outage in history, when 8.5 million Windows computers crashed and wouldn’t restart. The cause was a bug triggered by an automatic update for a piece of software that until Friday nobody beyond cyber security nerds had heard of: CrowdStrike’s Falcon.
