article thumbnail

Powering the future: How Gen AI and AI illuminate utility companies

CIO Business Intelligence

While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. How can AI and generative AI help?

Company 134
article thumbnail

3 ways to advance sustainability in high performance computing

CIO Business Intelligence

The supercomputers that power HPC, however, require more and more energy to operate. Dollars are moving to purchasing new energy-efficient hardware or devoting resources to optimization efforts or changing where HPC workloads are run. Dell Technologies, NVIDIA, and Intel are supporting these organizational efforts.

Dell 103
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. Given existing relationships with Webster Bank, that includes AWS and Microsoft. User behavior could change so much that people don’t think of banks, but the payment app they are using,” says Nafde.

How To 126
article thumbnail

Industry clouds lay foundation for innovation

CIO Business Intelligence

“It’s an accelerator, with pre-defined data models and workflow, so your scarce resources don’t have to re-create capabilities that are common to everyone in your industry, and you can focus your energies on things that will differentiate your brand,” says Kate Leggett, vice president and principal analyst at Forrester Research. Key Bank. “It

Industry 130
article thumbnail

Gen AI without the risks

CIO Business Intelligence

Sajjad Moazeni of the University of Washington calculates that training an LLM with 175 billion+ parameters takes a year’s worth of energy for 1,000 US households. Answering 100 million+ generative AI questions a day can burn 1 Gigawatt-hour of electricity, which is roughly the daily energy use of 33,000 US households. Learn more. [1]

Intel 123
article thumbnail

4 core AI principles that fuel transformation success

CIO Business Intelligence

Electrical giant Phillips cleverly responded to customer concerns about energy costs, despite not being an energy company. British online bank Monzo asked their customers what support they’d like, and the overwhelming response was help with increasing savings. How can I save my customers time and money?

Agile 117
article thumbnail

Atos grabs lifeline from Onepoint

CIO Business Intelligence

billion in new debt, including €300 million in bank guarantees, €250 million of equity, including €175 million from the Onepoint consortium and €75 million from creditors. According to Atos, Onepoint’s offer includes the following parameters: €2.9 billion of existing debt are to be converted into equity, €1.5