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AI Insights and Updates
Generative AI Use Cases: Transforming Industries with Intelligent Automation
Generative AI is redefining how industries operate by automating complex tasks such as writing, design, coding, and analysis—tasks that once depended entirely on human input. Powered by deep learning and neural networks, it can generate realistic text, images, and software code while significantly improving speed and productivity. Its applications are already visible across sectors: generating […]
- By: Folio3
Top Generative AI Use Cases in Banking
Generative AI has provided lucrative benefits to industries. Approximately 92% of Fortune 500 companies have adopted generative AI technologies. In the banking sector, it is being used to cater to customer service, manage operations, detect fraud, and personalize financial products. Generative AI in banking is almost automating inscrutable tasks like document processing, fraud detection, and […]
- By: Folio3
Role of Generative AI in Drug Discovery
The drug discovery process is a complex and arduous journey, often spanning over a decade and requiring substantial financial investment. On average, bringing a new drug to market can take 10 to 15 years and cost approximately $2.5 billion. Despite these investments, the success rate remains low, with about 90% of drug candidates failing during […]
- By: Folio3