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New trade body wants to license training data for AI use

CIO Business Intelligence

Seven companies that license music, images, videos, and other data used for training artificial intelligence systems have formed a trade association to promote responsible and ethical licensing of intellectual property.

Licensing 320
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Marsh McLennan IT reorg lays foundation for gen AI

CIO Business Intelligence

This costs me about 1% of what it would cost” to license the technology through Microsoft. He estimates 40 generative AI production use cases currently, such as drafting and emailing documents, translation, document summarization, and research on clients.

Insurance 305
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How Birmingham’s $48M Oracle ERP project turned into an epic failure

CIO Business Intelligence

According to the report, the implementation has fundamentally impacted the Councils financial management and its operations, forcing the council into a costly re-implementation phase that has more than doubled the projects original budget. Licensing and customization fees added further strain to the budget.

Oracle 227
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6 Key considerations when orchestrating your Windows 11 Pro upgrade

CIO Business Intelligence

To inform your approach, consider factors such as technical expertise, how Windows 11 Pro features support their workflows, budget constraints, and willingness to upgrade hardware. Assess licensing requirements Review your software licenses for Windows 11 Pro compatibility and check for any additional licensing needs.

Windows 289
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Marsh McLellan IT reorg lays foundation for gen AI

CIO Business Intelligence

This costs me about 1% of what it would cost” to license the technology through Microsoft. He estimates 40 generative AI production use cases currently, such as drafting and emailing documents, translation, document summarization, and research on clients.

Insurance 263
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The Hidden Costs of AI Implementation: What No One Tells You

Eric D. Brown

You know the drill: software licenses, subscription fees, consulting fees, and hardware infrastructure. The remaining 70% comprises hidden costs that rarely make it into initial budgets or project proposals. I recently talked to the CEO of a mid-sized manufacturing company that budgeted $500,000 for an AI-driven quality control system.

Budget 130
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IT leaders go small for purpose-built AI

CIO Business Intelligence

Low barriers to entry Better yet, the cost to try a small language model AI is close to zero, as opposed to monthly licensing costs for an LLM or spending millions of dollars to build your own, Bullock says. For example, Homeowner AI creates budgets for home improvement projects, based on location, materials used, and other factors.

Licensing 328