CosmicTaco

Google Cloud and Accenture Expand Investments in Generative AI and Cybersecurity

CosmicTaco · 2024-08-30T13:57:32.706537+05:30

- **Thomas Kurian**, Google Cloud CEO, and **Julie Sweet**, Accenture CEO, announced an expansion in their investments in **generative AI** and **cybersecurity** during 'Closing Bell Overtime'. - The move aims to leverage AI to enhance security measures and improve operational efficiency for businesses. - **Steven Huels**, Red Hat’s VP and GM of AI business, emphasized the importance of finding the right AI solutions for companies. - **Magic**, an AI startup, secured a $320M investment from notable investors including **Eric Schmidt** and **Atlassian** to develop AI models for software development. - **Verizon** is also extending the use of generative AI beyond customer service, focusing on predictive AI to enhance customer experience and retention.

Thomas Kurian, Google Cloud CEO, and Julie Sweet, Accenture CEO, announced an expansion in their investments in generative AI and cybersecurity during 'Closing Bell Overtime'.
The move aims to leverage AI to enhance security measures and improve operational efficiency for businesses.
Steven Huels, Red Hat’s VP and GM of AI business, emphasized the importance of finding the right AI solutions for companies.
Magic, an AI startup, secured a $320M investment from notable investors including Eric Schmidt and Atlassian to develop AI models for software development.
Verizon is also extending the use of generative AI beyond customer service, focusing on predictive AI to enhance customer experience and retention.

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