May AI Have Your Attention, Please?
The world of Artificial Intelligence (AI) is evolving rapidly - to the point it might seem overwhelming at times!
Where do we go from here? LLMs, Knowledge Distillation, RAG, Small Language Models, stable diffusion, foundation models, AI agents, self-supervised learning—the list keeps growing, but so do the questions.
Introducing "May AI Have Your Attention, Please?" - a bi-weekly digest that cuts through the noise and delivers the AI insights that truly matter.
We get it—not another newsletter! You’re probably subscribed to a dozen already. But we’re committed to making this one worth your time. Our promise:
Today’s top AI stories:
How to Maximize Value from LLM-Based Search and Retrieval 🔍
For businesses that embrace AI-powered innovation, large language models (LLMs) offer significant value through search and retrieval. However, these systems pose challenges in the form of data integrity, bias, and privacy risks. An article by Harvard Business Review (HBR) says that businesses aiming to scale LLM-powered search should (among other things):
✅ Define clear use cases
✅ Standardize pre-defined testing practices
✅ Continuously monitor system performance
✅ Equip employees to build, deploy and leverage generative AI tools responsibly
Effective Strategies to Reduce Hallucinations from LLMs 😵
It is both an art and science to prompt large language models (LLMs) to generate predictable responses to your input prompts. Any deviation from expected outputs, such as inaccurate or misleading information, leads to the LLMs hallucinating. While hallucinations might occur for a variety of reasons, we at Haptik have developed powerful strategies to significantly reduce these occurrences. Our latest blog captures five most effective strategies to incorporate in your prompts for the best results.
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Step into the Future of AI at Nvidia India AI Summit 🔮
Nvidia, the world’s largest manufacturer of graphics processing units, is conducting its flagship AI Summit in India from October 23-25 at the Jio World Convention Center, Mumbai. The event is a fantastic opportunity to step into the future of AI by connecting with business leaders, networking with like-minded peers, and uncovering the latest trends and insights💡Haptik has a booth where you can discover our innovative work in the field of AI, and explore potential synergies to boost efficiency and growth for your business! We look forward to meeting you there👋
Holiday Shoppers Embrace AI for Reduced Anxiety and More Savings 🛍️
Ninety percent (90%) of online shoppers are leveraging AI in some shape or form this holiday shopping season! What’s more significant is, shoppers expect reduced anxiety levels when choosing gifts as AI-powered recommendations fuel better buying experiences. Seventy-four percent (74%) of buyers also anticipate saving money when AI aids their shopping journeys. A solution such as Jio Haptik’s Generative AI Sales Assistant allows retail and eCommerce businesses to offer personalized shopping experiences at scale 🧠
Text-To-Video Space Gets New Incumbent ✨
Adobe has launched new video generation capabilities within its Firefly AI model, allowing users to create high-quality videos from simple text prompts. This innovation streamlines the video production process, enabling marketers and content creators to easily transform ideas into engaging visual content without requiring advanced editing skills. By democratizing video creation, Adobe aims to enhance storytelling and accelerate innovation across the creative industry, making video production accessible to everyone.
Other Impressive AI Developments 💡
💡 AI is decoding the atmospheres of faraway planets: Imagine being able to discover new worlds beyond our solar system. By examining the light passing through the atmospheres of distant planets, AI decodes what they are made of, helping scientists understand the gases that are present. By identifying gases like water vapor or methane, AI helps scientists learn more about these worlds, including whether they might support life!
💡 Tailoring nutrition with AI: AI is transforming the way we think about nutrition, turning one-size-fits-all diets into personalized health blueprints. For instance, it can predict how nutrients are broken down and affect various organs, allowing to glean personalized insights and recommendations that help individuals make informed choices based on simulated outcomes.
Until next time,
Team Haptik!