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May 24 - The AI adoption race | Nvidia to deliver ‘a mound of chips’

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Enterprises, pressed for time, accelerate AI spending; Microsoft president set to testify before Con

Enterprises, pressed for time, accelerate AI spending; Microsoft president set to testify before Congress on ‘security shortcomings’ [View online]( | [Signup]( [CIO Dive]( Daily Dive May 24, 2024 | Today’s news and insights for tech leaders [CIO Dive’s studioID]( TRENDLINE [Inside Successful GenAI Strategies]( Businesses are actively pursuing generative AI adoption, seeking value amidst considerable hype & new tools. Learn how Kraft Heinz & Walmart are implementing generative AI in [this Trendline.]( NOTE FROM THE EDITOR Does your company still lack a generative AI plan? If so, you may be a little late to the party. A two-year clock is ticking for businesses who want to reap the benefits of this technology before their competitors, according to [a recent Genpact report](. Vendors, [including chipmaker Nvidia](, are working with a similar sense of urgency to meet enterprise demand. If you value the coverage we provide, please take a moment to spread the word about CIO Dive with your peers. Here's how: just share this link with your professional network so they can become subscribers: [ And a quick housekeeping note: CIO Dive will not publish a newsletter Monday in observance of Memorial Day. We will return to your inboxes Tuesday. Thank you for your readership, Roberto Torres Editor, CIO Dive [Twitter]( | [Email](mailto:rtorres@industrydive.com) --------------------------------------------------------------- [Nvidia CEO promises to deliver ‘a mound of chips’ as AI development speeds ahead]( Cloud providers are “consuming every single chip that’s out there,” Jensen Huang said Wednesday. “We’re racing every single day.” --------------------------------------------------------------- [Enterprises, pressed for time, accelerate AI spending]( There’s a two-year window closing in on enterprises to adopt generative AI before losing out on competitive advantages, a Genpact and HFS Research report said. --------------------------------------------------------------- [Microsoft president set to testify before Congress on ‘security shortcomings’]( After the tech giant asked for more time, Brad Smith will now testify before the House Committee on Homeland Security on June 13. [Read more news]( [image]( [How CIOs Prioritize Digital Investments in 2024]( Explore strategies to simplify the enterprise software stack, insights into IT cost control and how top execs are approaching AI in this Trendline. [Access Now]( From Our Library --------------------------------------------------------------- Playbook [How to Integrate and Optimize Billing Operations at Scale]( Custom content for RSM --------------------------------------------------------------- Trendline [Recruiting top tech talent in today's market]( Supported by Revelo --------------------------------------------------------------- Trendline [The growing use of AI in banking]( Supported by ServiceNow --------------------------------------------------------------- Webinar - on demand [The CFO Advantage: Ways AI Can Simplify Your Work—and Life]( Custom content for SAP --------------------------------------------------------------- Webinar - on demand [The IT Upgrade That’s Driving More Revenue for Retailers]( Custom content for Dell Technologies --------------------------------------------------------------- [View all resources]( What We’re Reading --------------------------------------------------------------- CNBC [Amazon’s new cloud boss inherits a business at crossroads over AI]( --------------------------------------------------------------- The Wall Street Journal [How a Decades-Old Technology and a Paper From Meta Created an AI Industry Standard]( --------------------------------------------------------------- Yahoo Finance [AI is making Microsoft vs. Apple interesting again]( [Suggest a story we should read]( Upcoming Event --------------------------------------------------------------- 04 JUN Webinar | noon ET [Modernizing Manufacturing: Low-Code Strategies Drive Operational Excellence]( Presented by studioID and OutSystems Company Announcements Press releases from companies in your industry. --------------------------------------------------------------- [Fishtank Consulting Recognized as Sitecore Specialized Partner in Experience Management Cloud (XM Cloud)]( Press release from Fishtank Consulting --------------------------------------------------------------- [Post a press release]( Dive Into a Topic --------------------------------------------------------------- [IT Strategy]( [Cloud]( [Security]( [Big Data]( [AI & Future Tech]( [Software]( [Leadership]( Share CIO Dive: Daily Dive and [get rewarded](. 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