Economic, tech experts talk AI at Elevate Ventures event
Artificial intelligence is spurring big investments, big opportunities and big disruptions, speakers said at an Elevate Ventures event Thursday afternoon in downtown Indianapolis.
artificial intelligence
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IBJ Podcast: You’re a skeptical, penny-pinching CEO. What are your first steps for adopting AI?
Company executives might believe they face high barriers—including cost, employee resistance and lack of technical expertise. But an expert on executive education says solutions are within almost anyone’s grasp.
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Lilly, Nvidia team up to build pharma’s ‘most powerful’ supercomputer
The Indianapolis-based drugmaker said the supercomputer will power an “AI factory” designed to accelerate drug discovery and development.
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Q&A with Michael Collins: An unconventional path to a high-tech career
“I’ve had many mentors at this point—well-established engineers and professionals—and they have helped me learn a lot. And I think a lot of the things that I’ve learned from them are a lot more applicable than some of the things I would have had to learn in school.”
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IBJ Podcast: On the frontlines of adopting revolutionary AI as firms ask, ‘What’s in it for me?’
Businesses hear warnings that they need to take advantage of artificial intelligence or else drift into irrelevancy. But when cheerleaders say AI can make businesses more productive, what does that look like exactly?
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Articles
Salesforce CEO vies to overcome investors’ AI skepticism while touting company’s quarterly numbers
Salesforce is projecting $60 billion in revenue for its fiscal year ending in January 2030–a target that would require average annual increases of 10% from its forecasted sales of $41.5 billion for its current fiscal year.
Purdue professor spearheads study of AI chatbot impact on well-being
The study’s goal is to also explore how these tools can be re-envisioned to promote long-term well-being and character virtues.
Companies push AI-assisted shopping tools for holiday season
Although AI-powered purchases are in early stages, techshopping assistants and agents rolled out by the likes of Walmart, Amazon and Google can do more than the chatbots of holidays past.
Technology turning farming into more attractive career for young people
“Like Star Wars”: Farm work is evolving from “labor-intensive, backbreaking manual labor” to “managing a swarm of robots.”
IBJ Media launches AI-related podcast
Hosted by entrepreneur Jayson Manship, “Authentic and Agentic” will explore how artificial intelligence is reshaping business, culture and daily life.
Bubble fears ease but investors still waiting for AI to live up to its promise
A stellar earnings report from Nvidia eased worries that the AI craze propelling the stock market and much of the economy for the past year is on the verge of a massive collapse.
Advocacy groups urge parents to avoid AI toys this holiday season
Critics say AI toys are often marketed as educational but can displace important creative and learning activities.
Major music labels strike deals with new AI streaming service
The world’s largest music companies have licensed their works to a music startup called Klay, which is building a streaming service that will allow users to remake songs using artificial intelligence tools.
White House drafts order directing Justice Department to sue states that pass AI regulations
The proposed executive order comes after a split among Senate Republicans in July killed a proposal backed by the White House to block all state artificial intelligence regulation.
Anthropic warns of AI-driven hacking campaign linked to China
A team of researchers has uncovered what they say is the first reported use of artificial intelligence to direct a hacking campaign in a largely automated fashion.
Purdue to add AI competency as graduation requirement
The new AI competency requirement, which could launch as soon as next year, is part of Purdue University’s existing partnership with Google.
AI tools allow startups to drastically reduce their initial costs
Artificial intelligence is making it less expensive to start and operate a company—and potentially reducing these startups’ reliance on venture funding.
OpenAI faces 7 lawsuits claiming ChatGPT drove people to suicide, delusions
Filed on behalf of six adults and one teenager, the lawsuits claim that OpenAI knowingly released GPT-4o prematurely despite internal warnings that it was dangerously sycophantic and psychologically manipulative.
Gemini AI to change Google Maps into a more conversational experience
The hands-free experience is meant to turn Google Maps into something more like an insightful passenger able to direct a driver to a destination while also providing nearby recommendations on places to eat, shop or sightsee.
Lilly Endowment offers up to $500M to Indiana colleges, universities for AI study, strategies
The initiative is expected to “support Indiana colleges and universities in their ongoing efforts to address the implications of a rapidly evolving technology in their institutions and the lives of their students,” Lilly Endowment said.
OpenAI and Amazon sign $38B deal for AI computing power
OpenAI will be able to power its AI tools using “hundreds of thousands” of Nvidia’s specialized AI chips through Amazon Web Services as part of the deal announced Monday.
AI has the nation’s largest employers putting their workers on notice
Walmart CEO Doug McMillon warned at a company event in September that AI is set “to change literally every job” and that his workers would have to adapt.
Job seekers, employers say AI’s influence making entry-level work harder to find
The rise of artificial intelligence is not only affecting how people work—it’s also shaping the job market itself, especially for graduates in search of their first professional jobs.
Microsoft hopes Mico succeeds where Clippy failed as tech companies warily imbue AI with personality
Copilot’s cute new emoji-like exterior comes as AI developers face a crossroads in how they present their increasingly capable chatbots to consumers without causing harm or backlash.