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6 Top Myths of Artificial Intelligence Consulting Services (Debunked)

Uncover the truth behind myths surrounding Artificial Intelligence Consulting Services, showcasing their accessibility, affordability, and potential benefits for businesses. From dispelling notions of exclusivity to highlighting the transformative role of AI in product development, businesses are encouraged to embrace AI opportunities for future success. Defined as the simulation of human intelligence processes by machines, Artificial Intelligence (AI) holds the promise of unlocking unprecedented efficiencies, insights, and innovations across diverse sectors. According to a report, 59% of enterprises are currently engaged with AI and plan to expedite and enhance their investments in this technology. In this era of digital transformation, the role of AI consulting services is very critical. These services encompass a spectrum of solutions tailored to harness the power of AI for business growth and optimization. Contrary to popular misconceptions, AI consulting is not limited to tech giants but extends its benefits to organizations of all sizes. A study found that AI improves employee productivity by an impressive 66%, highlighting its accessibility and efficacy across industries. As businesses strive to innovate and stay competitive, integrating AI into product development processes becomes imperative. From enhancing user experiences to optimizing operations, AI product development holds the potential to drive sustainable growth and customer satisfaction. Thus, understanding the interplay between Artificial intelligence consulting services and product development is essential for navigating the evolving business landscape effectively. 6 Top Myths of Artificial Intelligence Consulting Services Several myths often cloud perceptions and hinder businesses from fully embracing the transformative potential of AI. Here are the top 6 myths related to Artificial Intelligence Consulting Services: Myth 1: AI Consulting Services are Only for Tech Giants The myth that AI consulting services cater exclusively to tech giants arises from a common misconception that only large corporations possess the resources and infrastructure to leverage AI effectively. This notion often leads smaller enterprises to believe that AI solutions are beyond their reach, assuming that they lack the financial means and technical expertise required for implementation. Consequently, many businesses, particularly small and medium enterprises (SMEs), may hesitate to explore Artificial Intelligence Consulting Services, fearing that such investments are reserved for industry giants. According to a recent survey by PwC, 72% of executives are looking at AI as the business advantage of the future, indicating a growing recognition of AI’s value among businesses of various sizes. Many AI consultancies offer tiered packages specifically designed to meet the needs and budgets of mid-sized companies, debunking the notion that artificial intelligence consulting services are only accessible to tech giants.  For example, several AI consulting companies offer affordable AI solutions specifically designed for smaller companies, enabling them to leverage AI technology to drive innovation and competitiveness within their respective industries.  Myth 2: AI Consulting Services are Expensive and Only for High-budget Projects A common misconception surrounding artificial intelligence consulting services is the belief that they are prohibitively expensive and exclusive to high-budget projects. However, this myth fails to consider the evolving AI technology and consulting practices ecosystem, which have become increasingly accessible and cost-effective. The SBEC survey reveals that approximately 48% of small businesses adopted AI tools within the last year, showcasing the widespread adoption of AI solutions across businesses of varying sizes and budgets. Additionally, the availability of affordable AI consulting companies further debunks this myth. AI consulting companies recognize the diverse financial capabilities of their clients and offer flexible pricing models to accommodate different budget levels. This flexibility ensures that businesses can access the expertise and support they need to implement AI solutions effectively, regardless of their budget size Myth 3: AI Consulting Services Replace Human Labor Entirely The myth that AI consulting solutions aim to replace human labor entirely arises from a fear of automation and job displacement. Some believe that AI technologies will make human workers obsolete, leading to mass unemployment and economic disruption. This misconception stems from a narrow understanding of AI as a substitute for human labor rather than a tool for augmenting and enhancing human capabilities. AI technologies are designed to complement and amplify human capabilities, enabling more efficient decision-making and problem-solving processes. For example, in healthcare, AI-powered diagnostic tools assist medical professionals in analyzing patient data and identifying potential health issues, but the final diagnosis and treatment decisions remain in the hands of trained physicians. By integrating AI systems with human expertise, businesses can leverage the strengths of both to achieve optimal outcomes. Studies indicate that automation and AI technologies have the potential to create more jobs than they replace. For instance, a McKinsey report estimates that only less than 5% of occupations can be fully automated, suggesting that most tasks will still require human input and oversight. Additionally, a World Economic Forum report predicts that while 85 million jobs may be lost by 2025 due to automation, 97 million new jobs will be created. Myth 4: Artificial Intelligence Consulting Services Guarantee Immediate Results Some businesses may believe that implementing AI solutions will instantly solve all their problems and lead to immediate improvements in productivity, efficiency, and profitability. This myth is perpetuated by vendors and consultants who may oversell the capabilities of AI without adequately addressing the complexities and challenges of implementation. As a result, businesses may expect quick and effortless outcomes from Artificial Intelligence Consulting Services, only to be disappointed when results fall short of expectations. Businesses must understand that AI implementation is a journey that requires careful planning, testing, and iteration to achieve meaningful outcomes. Studies show that AI projects often fail to deliver the expected value, with a study by Deloitte finding that AI projects can deliver the anticipated benefits in for around three years. Setting unrealistic expectations for immediate results can lead to disappointment and disillusionment with AI technology. Successful AI implementation requires a holistic approach that encompasses not only the initial deployment but also ongoing monitoring, optimization, and adaptation to evolving business needs. By prioritizing long-term strategy and continuous improvement, businesses can maximize the value derived from artificial intelligence consulting services and ensure sustained success. Myth 5: AI Consulting

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Artificial Intelligence Consulting Services: Make Your Business Ready For AI

Artificial Intelligence consulting services aid businesses in integrating AI effectively, enhancing efficiency, customer experiences, and decision-making processes. Key steps include defining objectives, data readiness, resource allocation, change management, and continual improvement.  Artificial intelligence (AI) is revolutionizing business operations, offering paths to improved efficiency, higher output, and novel innovations. Reports show that 35% of businesses globally have adopted AI into their workflows. Still, numerous businesses find it challenging to keep pace with the swift evolution of AI technologies. To truly harness the potential of AI, businesses must be adequately prepared. The realm of AI is complex, and needing a thorough plan and strategy could lead to more problems than solutions for your business. Artificial Intelligence Consulting Services can help you integrate AI into your business. Hence, ensuring your business is ready for AI is essential to effectively use this sophisticated technology, AI consultants can be a boon. In this article, we have mentioned essential measures to adopt before integrating AI into your business activities. But before that, let’s understand how AI can actually help your business. How AI Can Help Your Business Grow? AI is revolutionizing business practices, with new applications popping up as the technology progresses. A significant portion of these applications focus on streamlining business operations to enhance efficiency or reduce mistakes. A study by McKinsey reveals that 39% of businesses have implemented robotic process automation (RPA) in at least one area of their operations, marking it as a top AI utilization. Here are five strategies through which AI can accelerate the growth of your business, drawing insights from artificial Intelligence consulting services companies: 1. Revolutionizing Marketing Efforts: AI technologies empower your marketing strategies by crafting high-quality blog content, dynamic videos, and interactive social media posts. These advancements aid in forging stronger connections with your audience, enhancing engagement, and improving conversion rates. 2. Product Development: Leveraging AI in product development offers substantial advantages, driving innovation and competitiveness. Product development services follow a structured approach, starting from ideation to development and successful market launch. Using an advanced tech stack, this helps transform concepts into robust solutions, ensuring seamless integration of AI for enhanced functionality and superior user experiences. 3. Gaining Insights through Customer Emotions: Leveraging AI for sentiment analysis allows companies to deep-dive into customer feedback across various digital platforms. This approach helps decipher customer desires and complaints, paving the way for enhanced product offerings and increased customer contentment. 4. Unlocking Competitive Insights: Utilizing AI for competitive gap analysis simplifies the process of collecting and interpreting data about industry rivals. This intelligence can inform strategic decisions, helping your business adapt and innovate more effectively than competitors. 5. Forecasting Sales with Precision: AI’s predictive capabilities enable accurate sales forecasts by analyzing historical sales data and customer interactions. Recognizing trends and potential hurdles early on allows businesses to refine their strategies for sustained growth. 6. Optimizing Pricing Strategies: AI’s analytical power comes into play in determining the most effective pricing for products or services. By considering various influencing factors, AI helps set prices that attract customers while ensuring profitability. 7. Customer Support with AI-Powered Chatbots: Deploying AI-driven chatbots for customer support optimizes virtual assistance, promptly resolves queries, and enhances user experience. Leveraging natural language processing, these chatbots accurately respond to customer inquiries, reducing operational costs associated with traditional support channels. The Benefits of AI for Your Business AI in the business world covers a broad spectrum of uses, leading to numerous benefits for organizations. Here’s a brief overview of the key perks associated with AI deployment in a business setting. Enhanced Speed and Efficiency: One of AI’s biggest assets is its speed. For many tasks, AI-based systems can perform actions almost instantly, which might take humans from a few seconds to several hours. Intelligent automation through AI is a popular and straightforward application, boosting efficiency by an estimated 30%-40%. Data Insights: Harnessing AI within companies unveils the capability to extract crucial insights from datasets that could otherwise remain untapped. Specifically, AI initiatives can be instrumental for e-commerce platforms, enabling them to construct predictive analytics models. These models utilize historical sales and seasonal variations to forecast future demand, thereby assisting in strategic planning for sales and inventory adjustments ahead of changes in consumer purchasing behavior. Error Mitigation: The integration of AI in business processes significantly mitigates the risk of errors, particularly in tasks that are repetitive and involve extensive data handling. Human operators, susceptible to fatigue, distraction, and boredom, may not consistently perform at their best in such tasks. AI, in contrast, excels in these environments by maintaining high levels of accuracy and efficiency. Therefore, by automating these tasks with AI, businesses can anticipate a marked reduction in errors, translating into savings in time and operational costs. How to Integrate AI in Your Business? The journey toward integrating AI into a company’s fabric is intricate, necessitating comprehensive planning, strategic allocation of resources, and consistent dedication to guarantee its fruitful implementation. Highlighted below are imperative strategies for organizations considering the adoption of AI to fortify their business strategies effectively. 1.   Define Clear AI Objectives Initiating an AI project demands setting distinct targets beforehand with artificial intelligence consulting services companies. Identifying particular aims that AI can assist in achieving, like diminishing expenses, enriching the customer journey, or refining decision-making processes, lays down a firm groundwork for your AI journey. These goals act as navigational markers during the adoption phase, making sure AI integration stays meaningful and in harmony with your company’s vision. Drafting AI ambitions that are customized to your organization’s specific context, the peculiarities of your sector, and the obstacles presently faced is crucial. The essence lies in establishing explicit, quantifiable goals that enable the assessment of AI’s effectiveness and its successful integration into your business framework. 2.  Preparing Your Business for AI-Data Ready At the core of being prepared for AI, data plays a pivotal role. However, it’s crucial to discern that not all data holds the same value. It’s important to pinpoint and utilize only the pertinent data. As highlighted in

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5 Top Consulting Firms for AI Adoption in the US Tech Startups

AI adoption is fast becoming compulsory to survive the changing market conditions. It helps gain a competitive edge and boosts revenue. Here, we’ll discover the top consulting firms for AI adoption in the US that work with tech startups and its role in boosting revenue..  Artificial intelligence adoption has picked up pace in the global market. Generative AI has further boosted the demand for AI tools across various industries. AI is no longer limited to large brands but is just as accessible to startups and small businesses. According to statistics, the world spent $154 billion on AI solutions in 2023. The global AI market was valued at $207.9 billion, a 50% increase from 2022. This amount is expected to touch $1.35 trillion by 2030, with artificial intelligence contributing $15.7 trillion to the global economy.  The global AI adoption rate was 35% a couple of years ago. This is expected to increase as more businesses invest in new technology. Another report shows that over 25% of the startup funding in the US went to AI startups in 2023. Around 78% of executives say that they believe generative AI offers more benefits than risks. However, to minimize the risk and maximize profits, the startup should have the necessary expertise and guidance to adopt AI successfully. This can be achieved by partnering with consulting firms offering AI solutions for tech startups in the US and around the globe. Let’s look at the top service providers in this blog. What is an AI Consulting Firm? One of the main barriers to AI adoption is the lack of expertise. Technical know-how, experience, strategy formation, etc., are some concerns that make businesses wary of investing in something they don’t know. That’s where consulting firms provide support and assistance. An AI consulting firm is a third-party (onshore and offshore) service provider that helps an organization plan, build, deploy, customize, upgrade, and maintain artificial intelligence-based tools to streamline business processes and gain a competitive edge.  An AI consulting company has a diverse role and offers the following services:  However, not all AI consulting firms offer every service listed above. Only some firms, like DataToBiz, provide complete end-to-end solutions for tech startups. Some may offer only strategic consultation, executive consulting, or cloud services. The big four companies, like Deloitte, PwC, EY, and KPMG, cater to established large brands, making them too expensive for startups and SMBs.  5 Top Consulting Firms for AI Adoption in the US DataToBiz  DataToBiz is among the leading AI product development companies in the USA, with clients from varied industries. It works with startups, SMBs, MSMEs, and large enterprises in America and other countries around the world. The award-winning company offers comprehensive solutions to tech startups and guides them through every stage, from planning to implementation. It is a certified partner of Google, AWS, and Microsoft. The company’s clients prefer long-term partnerships to benefit from the team’s expertise and make the most of its maintenance services.  DataToBiz builds AI/ ML models and NLP (natural language processing) and deep learning algorithms. It offers vision analytics and develops LLMs (large language models) for startups to establish a robust IT infrastructure from the initial days. The company also takes care of automation and product development. It can create custom apps or personalize existing tools to suit the startup’s requirements. Data harmonization, big data management, installing IoT (Internet of Things) devices, etc., are also a part of the company’s offerings. DataToBiz is a one-stop destination for tech startups to achieve their goals and increase ROI.  HensonGroup  HensonGroup is a US-based global Azure managed service provider. It provides digital transformation services to businesses from industries like manufacturing, retail, education, healthcare, nonprofits, etc. The company specializes in intelligent managed services to offer the best support for businesses to make data-driven decisions. From Microsoft Azure migrations to management, it takes care of everything to increase the cost-efficiency of the business through cloud computing solutions.  HensonGroup offers a range of services, though predominantly focused on Azure cloud computing and Microsoft solutions. It also has OpenAI expertise and helps businesses choose the best cutting-edge technologies to revamp their business. The company has an OpenAI Accelerator Program for startups and established businesses to effectively adopt generative AI and integrate it seamlessly with their existing processes. It also has ISO certifications – 27001:2013, 9001:2015, and 20000-1:2018.  Juniper Networks  Juniper Networks is an AI service provider offering a plethora of solutions to manage the IT infrastructure, networks, and other technologies in the business. It offers startup AI strategy and consulting services through innovation, automation, and cloud operations. The company works with businesses from many industries, ranging from banking to healthcare and more. It believes in simplicity while embracing diverse ideas to promote the adoption of advanced technology. It also takes social responsibility seriously and has an integrity-driven supply chain.  Juniper Networks is a dependable service provider and helps clients achieve sustainable growth. For example, Juniper Apstra is a networking software that automates and validates the design, deployment, and operation of data center networks. The company combines multi-cloud computing and 5G technologies to ensure reliable, fast, agile, and scalable solutions for startups and other popular businesses. The company also handles security solutions to increase system security for devices, apps, IT infrastructure, and users (employees, stakeholders, and customers).  LeewayHertz LeewayHertz is an AI development company offering cutting-edge software for startups and enterprises. The company builds innovative and creative tools to help businesses keep up in this fast-paced world. It provides end-to-end AI services and integrates apps with business systems to accelerate digital transformation. The company has expert teams to fine-tune foundation LLMs like GPT and LLaMA. It also creates customized domain-specific models to suit client’s requirements.  LeewayHertz has successfully built over 50+ AI solutions to help businesses make data-driven decisions. Experienced software developers and AI engineers work closely to handle everything from conceptualization to implementation. The process is tailored to align with each business’s needs so that the establishment can harness the full potential of data and artificial intelligence. The company builds web and mobile apps, enterprise-grade tools, and generative AI models for

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Leveraging Large Language Models in Healthcare

Explore the potential of (LLMs) Large Language Models in healthcare, their applications, challenges, and prospects for improved diagnostics and patient care. Artificial Intelligence (AI) has ushered in a new era of possibilities, and at the forefront of this technological revolution are Language Models (LLMs). These powerful AI systems, equipped with deep learning algorithms, have the remarkable ability to understand, generate, and manipulate human language on an unprecedented scale. As we explore the potential of these models, we’ll delve into their applications, the challenges they bring, and the promising future they hold for advancing diagnostics and patient care. In recent years, the field of artificial intelligence (AI) has witnessed a revolutionary advancement with the emergence of Large Language Models (LLMs). With 30% of the world’s data volume being attributed to the healthcare industry, there exists a significant potential to harness the power of Large Language Models (LLMs) to operationalize and deliver new insights. These sophisticated AI systems, powered by deep learning algorithms, possess the ability to comprehend, generate, and manipulate human language at an astonishing scale. While their applications span various domains, the significance of Large Language Models in healthcare and clinical trials is particularly noteworthy. In this article, we delve into the realm of LLMs and their profound impact on the healthcare landscape, exploring their capabilities, applications, challenges, and future potential. Understanding Large Language Models At the core of this technological breakthrough lies the concept of Large Language Models. These models are intricate neural networks that have been meticulously trained on massive datasets containing diverse textual information. The training process equips them with the capacity to understand the nuances of language, context, and semantics, enabling them to perform tasks that were once considered exclusive to human intelligence. Unlike traditional language processing methods that rely heavily on rule-based approaches, LLMs rely on data-driven learning. This data-centric approach enables them to capture intricate language nuances and adapt to the ever-evolving dynamics of human communication. The shift from predefined rules to learned patterns marks a pivotal advancement in natural language understanding and generation. LLMs undergo training using vast datasets and employ self-supervised learning to predict the subsequent token in a sentence, taking into account the context around it. This iterative process continues until the model achieves a satisfactory level of accuracy. LLMs can be fine-tuned to perform a wide array of Natural Language Processing (NLP) tasks, such as: Creating interactive chatbots like ChatGPT. ● Generating text for purposes such as product descriptions, blog entries, and articles. ● Providing answers to frequently asked questions (FAQs) and directing customer queries to appropriate human support. ● Analyzing customer feedback found in emails, social media posts, and product reviews. ● Converting business content into various languages through translation. ● Sorting and categorizing extensive text data to streamline processing and analysis. Examples of Large Scale Language Models Three prominent examples of Large Scale Language Models are GPT-4, BERT, and T5. GPT-4, developed by OpenAI, is renowned for its creativity in generating coherent and contextually fitting responses. BARD on the other hand, developed by Google, revolutionized language understanding by considering the full context of a word within a sentence rather than processing words in isolation. T5, short for “Text-to-Text Transfer Transformer,” excels in various language tasks by treating them as text-to-text problems, demonstrating the adaptability of Large Scale Language Models. Applications of Large Language Models in Healthcare The integration of Large Language Models in healthcare has opened up a multitude of possibilities, transforming various aspects of healthcare delivery and research. Clinical Documentation and EHRs Efficient and accurate clinical documentation is essential for patient care. LLMs have the potential to automate the process of transcribing medical notes, generating detailed patient records directly from spoken or written input. This not only saves time for healthcare providers but also reduces the risk of errors in patient data. Literature Review and Knowledge Extraction The abundance of medical literature presents a challenge in staying updated with the latest advancements. Large Language Models can expedite literature reviews by summarizing articles, extracting key insights, and identifying relevant studies. This aids researchers, clinicians, and medical professionals in staying informed and making evidence-based decisions. Patient-Provider Communication Enhancement Effective communication between patients and healthcare providers is paramount. LLMs can assist in crafting personalized and comprehensible explanations of medical conditions, treatments, and procedures. This bridges the knowledge gap, enabling patients to make informed decisions about their health. Drug Discovery and Development The drug discovery process is complex and time-consuming. Large Language Models can aid in sifting through vast amounts of biomedical data to identify potential drug candidates, predict drug interactions, and assist in the design of clinical trials. This accelerates the drug development pipeline and enhances precision medicine. Clinical Trial Design and Execution Designing and conducting clinical trials requires meticulous planning. LLMs can contribute by analyzing existing trial data, predicting patient recruitment rates, and optimizing trial protocols. These insights facilitate efficient trial design and execution, leading to quicker and more cost-effective outcomes. Large Language Models Encoding Clinical Knowledge Enriching Large Language Models with domain-specific medical knowledge is a pivotal step in their healthcare applications. This involves training the models on vast medical datasets, encompassing information from electronic health records, medical textbooks, research articles, and clinical guidelines. The integration of medical expertise enhances the models’ ability to generate contextually relevant and accurate medical content. While imbuing LLMs with medical knowledge is promising, challenges arise due to the dynamic nature of medical science. Keeping the models updated with the latest research, ensuring accuracy, and addressing biases in medical data are ongoing concerns. Additionally, the inclusion of sensitive patient information demands robust data privacy measures. Pre-trained medical Large Language Models provide a foundation for various healthcare applications. These models arrive equipped with a baseline understanding of medical language, reducing the need for extensive training. By leveraging pre-existing medical knowledge, developers can focus on fine-tuning the models for specific tasks, streamlining the implementation process. Working Mechanism of Large Language Models Pre-training and Fine-tuning Process The proficiency of Large Language Models stems from a

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DataToBiz’s AI Solutions Pioneering the Path to Intelligent Automation

Emerging as a go-to partner for enterprises aiming to embrace the advancements in AI, DataToBiz acknowledges its immense potential and has curated a diverse range of AI solutions to cater to various business needs. “AI is the enigmatic force that blurs the line between imagination and possibilities, and we help businesses turn these exact possibilities into realities,” says Ankush Sharma, Co-Founder, and CEO, DataToBiz. DataToBiz, a leading AI solutions provider, empowers organizations with advanced artificial intelligence technologies, driving unparalleled efficiency, productivity, and innovation. Over time, the company is emerging as a critical driver for organizations looking to streamline processes, enhance decision-making, and unlock new business opportunities. DataToBiz recognizes the immense potential of AI in transforming industries and has developed a range of AI solutions that address diverse business needs. AI Solutions : Pioneering Intelligent Automation DataToBiz understands the competitive business landscape and acknowledges the significance of harnessing the power of AI into it. By providing customized AI solutions, DataToBiz empowers companies to unlock valuable insights from their data, enabling them to make informed decisions and drive innovation. Leveraging AI, their offerings encompass machine learning, in-app development, predictive modeling, and natural language processing, providing a path forward for their corporate partners. With a keen focus on SMBs, SMEs, and large enterprises across various industries, DataToBiz has established itself as a trusted AI consultant, or better- a partner. Renowned market players such as Dentsu, Tosoh Quartz, TransSIGHT, FTCSolar, Nordex, and more have implemented their advanced data solutions. At the core of their solutions lie advanced ML algorithms capable of analyzing vast volumes of data to unveil hidden patterns, trends, and insights. These algorithms continually and systematically learn from data, empowering businesses to make accurate and efficient data-driven decisions. Also, the expertise in natural language processing (NLP) is another critical aspect of their AI solutions. By leveraging cutting-edge NLP models, organizations can automate language-related tasks like sentiment analysis, content generation, and understanding. This automation saves time, and resources, and enhances customer experiences and engagement. DataToBiz- A Seal of Trust After recently completing a milestone of over 5 years in the industry, DataToBiz has found its place as one of the leading AI powerhouses sealed with the trust of various enterprises, in multiple industries around the world. With a proven track record of delivering innovative AI solutions, their expertise continues to drive technological advancements and reshape business landscapes. Along with featuring on Govt of India and MeitY, DataToBiz has proudly held the distinction of being Clutch’s top-ranked artificial intelligence company in India consistently for 3 years now. Not only this, with a user base of over 5.5k+ people around the world, DataToBiz has 2 in-house AI offerings: PrepAI, an advanced AI-based exam generator, and HirelakeAI, a turnkey AI-backed hiring solution. The Future Representation In a world where artificial intelligence is shaping the future of industries, DataToBiz stands as a trusted partner, delivering cutting-edge AI solutions that enable organizations to thrive in the era of intelligent automation. As the go-to choice for enterprises seeking AI advancements, DataToBiz is shaping the future representation of AI in business, creating a pathway toward transformative growth and success. Originally Published on Benzinga

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A Comprehensive Guide to LLM-Based Model Development

AI products built with LLM-based model development have completely changed how computers understand and generate human-like text. These models, a type of deep learning tech, are super useful in things like chatbots and language translation. They’ve revolutionized how we talk to computers and extract relevant information. In this blog, we’ll explore what LLMs are, how to build one step by step and discuss some popular LLMs that have made significant impacts in the field. What is a Large Language Model (LLM)? A Large Language Model, often abbreviated as LLM, is a neural network-based model designed to process and generate human language. These models can understand, generate, and manipulate text with an astonishing level of fluency and coherence. They are considered “large” because they typically consist of tens to hundreds of millions, or even billions, of parameters, which are the elements that allow the model to learn patterns and associations in language. LLMs are trained on vast amounts of text data, often including books, articles, websites, and other textual sources. During training, the model learns to predict the next word in a sentence or to generate coherent text by understanding the statistical relationships and patterns in the data. This ability to generate human-like text makes LLMs a powerful tool for a wide range of applications. How Does a Large Language Model Work? Large Language Models, such as those based on transformer architecture, operate by a two-fold process: pre-training and fine-tuning. These phases are essential for enabling the model to carry out both general language understanding and specific tasks. Pre-training Large Language Models are initially pre-trained on vast text datasets containing a wealth of information from diverse sources like encyclopedias, books, and the internet. During this phase, the model undergoes unsupervised learning, where it absorbs linguistic patterns and contextual cues from the data without explicit guidance. It’s akin to the model immersing itself in the vast sea of language. For instance, it learns that “bat” can refer to a flying mammal or a piece of sports equipment based on the surrounding text. Fine-Tuning To make the model more task-specific, it goes through a fine-tuning process. This is akin to giving the model specialized training for particular tasks. It’s like preparing a chef with a general culinary skillset and then training them to excel in French cuisine or sushi preparation. Now, let’s explore “prompt-tuning,” which is similar to fine-tuning but with a twist. Prompt-Tuning Imagine the model as a versatile assistant that can perform a wide array of tasks. In prompt-tuning, we guide the assistant by providing specific prompts or instructions for different tasks. There are two key flavors to prompt-tuning:           Few-Shot Prompting: In this approach, the model learns how to respond to certain tasks by presenting it with a few examples. For instance, when training the model for sentiment analysis, you could show it pairs like: The model learns to grasp the nuances in language, connecting words like “incredibly thrilling” with positivity and “terribly boring” with negativity.  Zero-Shot Prompting This method tasks the model to perform a specific function without prior examples. It’s like handing a chef a new recipe they’ve never seen before and asking them to prepare it. For sentiment analysis, you might instruct the model with a prompt like, “Determine the sentiment of ‘The weather today is fantastic.’” The model, without any examples, deduces that “fantastic” conveys a positive sentiment. In both fine-tuning and prompt-tuning, the model becomes increasingly adept at performing tasks because it has refined its understanding of how to interpret and generate text based on the specialized training provided. Building Your Large Language Model To build an LLM model, you will need: ●      A massive dataset of text and code. ●      A powerful computer to train the model. ●      A deep learning framework, such as TensorFlow or PyTorch. Once you have these resources, you can follow these steps to train an LLM model: Collect and clean your data The first step is to collect a massive dataset of text and code. This dataset should be as diverse as possible, and it should contain examples of the types of tasks that you want your LLM model to be able to perform. Once you have collected your data, you will need to clean it and preprocess it. This may involve removing special characters, correcting spelling errors, and splitting the text into words or subwords. Choose a model architecture There are many different LLM architectures available. Some popular architectures include the Transformer and the GPT-3 family of models. The best model architecture for you will depend on the specific tasks that you want your LLM model to be able to perform. Train the model Once you have chosen a model architecture, you can start training the model. This process can take several days or even weeks, depending on the size of your dataset and the power of your computer. Evaluate the model Once the model is trained, you need to evaluate its performance on a held-out test dataset. This will help you to determine how well the model can generalize to new data. Deploy the model Once you are satisfied with the performance of the model, you can deploy it to production. This may involve making the model available as a web service or integrating it into an existing software application. However, building a Large Language Model from scratch is a resource-intensive endeavor, you can contact LLM consulting companies for guidance while developing the LLM Model. Using a Large Language Model Leveraging Large Language Models (LLMs) opens the door to a multitude of practical applications across various industries. Here, we will explore the diverse array of applications in which LLMs have found utility, along with real-world examples of their implementation. Information Retrieval Large language models play a pivotal role in information retrieval systems, akin to popular search engines like Google and Bing. These platforms utilize LLMs to fetch and synthesize information in response to user queries. By

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10 Top AI Service Providers in India

Several AI Service Providers in India work with local, national, and international clients from various industries. The AI companies offer tailor-made solutions to help enterprises adopt advanced technologies and solutions like artificial intelligence and machine learning for day-to-day operations. Here, we brief about the top AI companies from India.  Artificial intelligence is today’s reality. It plays a significant role in both our personal and professional lives. From the apps on our smartphones to the software applications we use at work, many tools are now powered by artificial intelligence.   India has been an IT hub for a long time. Many multinational companies turn to Indian service providers for affordable and quality services in the IT industry. India’s growth in the field of artificial intelligence has been worth highlighting.  According to the report by International Data Corporation (IDC), the AI market in India will touch 7.8 billion USD by 2025 at a CAGR (compound annual growth rate) of 20.2%. The Indian AI services market is said to grow at a CAGR of 35.8%, while the market for AI software is expected to grow at 18.1% CAGR.  The statistics are proof that Indian startups and companies are investing in artificial intelligence in different ways. AI-powered chatbots, content streaming, social media monitoring, telecom, and eCommerce are a few areas where AI has a major presence in the Indian market. Another report shows that there are 1,09,000 AI personnel in India across all industries.  With an increasing demand for artificial intelligence service providers in all sectors, it is important to list the leading AI service companies in the country. This blog will help you with a brief overview of the top AI service providers in India.  Top Artificial Intelligence Service Providers in India 1. DataToBiz DataToBiz is an AI solution provider for small, medium, and large-scale businesses from India, Asia, the Middle East, and North America. The company offers customized artificial intelligence and machine learning tools to help organizations from varied industries like FinTech, EdTech, manufacturing, hospitality, retail, entertainment, and more.  DataToBiz offers end-to-end solutions to implement AI technology in clients’ firms. It is a certified partner of Microsoft Azure, AWS, and Google. The company offers cost-effective services and believes in a transparent pricing structure. DataToBiz has worked with more than 300 clients and has a satisfaction rate greater than 97%. The company offers AI, ML, and DS consulting services along with big data analytics and data engineering. It is a one-stop solution provider for all your business needs. PrepAI, SensiblyAI, and HireLakeAI are some of the artificial intelligence platforms developed by the company.  2. Bosch Bosch Center for Artificial Intelligence was started in 2017. It has a presence in many countries including India, Israel, the US, Germany, and China. Bosch offers cutting-edge technologies and solutions to help its clients adopt artificial intelligence into their establishments.  The company primarily focuses on Natural Language Processing (NLP), Deep Learning, Probabilistic Modeling, Neuro Symbolic AI, and Reinforcement Learning (including control and optimization). Bosch has its own research center and offers Industrial AI solutions for large enterprises. The company aims to include AI in all of its products by 2025.  From smart home appliances to autonomous cars and more, Bosch wants to provide Industrial AI and IoT services to enterprises and manufacturers to streamline and upgrade their processes with artificial intelligence technology. Bosch aims to boost the quality of life throughout the world through its products and services.  3. Kellton Tech Kellton Tech Solutions Ltd. was first established in 1993. New management and leadership took over the company in 2009 and began an expansion program. Kellton Tech is now a multinational company with offices in Asia, Europe, and the North American continents. The company is ISO 9001:2015 and CMMI Level 5 certified.  It works with startups, SMBs, SMEs, large enterprises, and Fortune 500 companies to offer comprehensive digital solutions at all levels. The company offers personalized services through its customer-centric approach. Flexibility and scalability are the two key highlights of Kellton Tech.  The company works with organizations from several industries ranging from education to retail to the service sector. It offers services like agile enterprise, data engineering, automation, blockchain, product engineering, cloud integration, and more. 4. Tata Elxsi Popularly known as the Tata Elxsi Artificial Intelligence Center of Excellence (AICoE), the company has twenty-five years of experience providing an array of AI services to various organizations from around the globe. Product engineering, research, and strategy, Industry 4.0, design portfolio, operations, testing, automation, etc., are some services offered by Tata Elxsi.  The company mainly works with businesses from automotive, healthcare, media, semiconductor, communications, consumer electronics, and off-highway equipment to offer AI tools and services. Cloud integration is one of the services provided by the company.  The breakthroughs and innovations in artificial intelligence like self-driving cars and video analytics are credited to Tata Elxsi and its team of professionals. The company is working on many patent-pending projects and aims to provide an easily adaptable AI landscape for businesses.  5. Happiest Minds Happiest Minds Technologies Limited is a Bangalore-based AI service provider with operations in The US, UK, Australia, Canada, and the Middle East. It works with various technologies like AI, blockchain, IoT, cloud, and automation. Advanced analytics and data security are other service areas of the company.  Happiest Minds has ISO9001:2015 and ISO27001:2013 certifications. The company has clients from industries like eCommerce, EdTech, hospitality, manufacturing, travel, etc. Agile engineering is one of the main focus areas. Innovation, creativity, collaboration, communication, and customer satisfaction define the company’s values.  The company aims to build intelligent systems that facilitate enterprise-wide automation with greater accuracy. Data science, DevOps, and digital transformation services are a part of its offerings.  6. Nextbillion AI Nextbillion AI is an AI enterprise mapping platform that works with various businesses to help them scale, manage, and map their ecosystems. The company provides sophisticated solutions for complex problems using artificial intelligence and advanced technology.  The company aims to build a decentralized system for the clients by optimizing the use of resources and reducing costs. The APIs,

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8 Top AI Service Providers in Canada

Artificial intelligence is an umbrella term for various advanced technologies. It can streamline business operations, automate processes, and increase ROI. Here, we’ll discuss the top AI service providers in Canada and their role in promoting artificial intelligence adoption.  Artificial intelligence is a part of today’s world. It is integral in our personal and professional lives. Even those who aren’t aware of what AI is or how it works use smartphones with artificial intelligence. Canadians are no exception to this. In fact, Canada is among the leading G7 nations investing heavily in AI. Canada became the first country to launch the Pan-Canadian AI Strategy in 2017. The country’s government has been actively promoting the research, development, and adoption of artificial intelligence across all industries. Currently, there are over 1500 AI companies in Canada, with many more offering offshore services to Canadian businesses.  But who are the best AI companies in Canada? Which company should you partner with to adopt artificial intelligence in your establishment? Let’s find out in this blog.  How can AI Consultants Help Your Business Grow? According to Grand View Research, the global AI market is expected to touch $1811.8 billion by 2030 with a CAGR (compound annual growth rate) of 37.3%. With an increase in artificial intelligence adoption, businesses are relying on AI consultants and service providers to streamline their internal processes and gain a competitive edge in the markets.  Consultants from the most innovative AI companies have knowledge in artificial intelligence, machine learning, statistics, mathematics, computer science, and data science. The AI consultant will understand your business vision, assess the current situation, and provide a comprehensive plan to adopt AI in your enterprise. AI consultants can help grow your business in many ways. For example, artificial intelligence can be used for the following:  From upgrading legacy systems to customizing AI tools based on your requirements, the consultant will perform a range of tasks. Top AI Service Providers in Canada 1. DataToBiz DataToBiz is among the fastest-growing AI companies providing end-to-end services and customized solutions for complete digital transformation and AI adoption. It specializes in industries, such as IT, healthcare, finance, manufacturing, natural resources, retail, and telecommunications. The company has an expert team of AI and ML engineers, data scientists, analysts, and developers who work together to build tailor-made models based on clients’ requirements.  DataToBiz offers the following services in Canada:  The company has its headquarters in India with regional offices in the USA, Bostwana, and Saudi Arabia. It has clients from the US, UK, Canada, Europe, Australia, Africa, South America, and the Middle East. DataToBiz is a certified partner of Microsoft Azure, Google, and AWS. It has won various awards and worked with 300+ firms. It has developed various AI tools like PrepAI, HirelakeAI, SensiblyAI, Virtual Try-On platform, etc.  2. Integrate.ai Integrate.ai offers artificial intelligence services with a focus on data security. The company believes the only way to maintain data security is to move models and not data. It promotes safe data collaborations to activate data silos and simplify complex systems. The platform helps unlock quality data at scale and promotes data protection. The Toronto-based company delivers cutting-edge solutions to businesses from different industries.  Integrate.ai offers the following services: The company has developed two AI products – Federated Learning Platform and Security, Privacy, & Trust to offer personalized solutions to enterprises in effectively managing the data. Integrate.ai has enabled 100+ research studies and works with over 20 network partners. The company has analyzed 4000 TB of genomic data to help businesses make faster and better decisions. It is also a part of the healthcare and pharma industry and helps in drug discovery.  3. Scale AI Scale AI is one of the leading AI companies in Canada, helping businesses speed up the adoption of artificial intelligence in various sectors. It works with small and large enterprises in reshaping business models, enhancing decision-making, and elevating the workforce. The company is building a true AI ecosystem with researchers, private entities, academia, and high-potential start-ups. Technological excellence is the ultimate aim of the company, as it wants businesses to use advanced technology to achieve results.  Scale AI offers a plethora of services categorized into three major sections: The company aims to make AI a real-world application rather than limit its role to research and lab experiments. It has worked to develop AI models that promote supply chain effectiveness. Scale AI also funds projects by engineers and developers looking to bring mode advancements in the industry. The company, in collaboration with the Canadian and Quebec governments, has announced to finance 15 AI projects by investing $117 million.  4. ServiceNow – Element AI Element AI was acquired by ServiceNow in 2020. With headquarters in Montreal, the AI company aims to deliver smarter and more efficient artificial intelligence applications in the country. It drives AI adoption across industries and boosts the overall performance of businesses. The company accelerates the process to enhance customer experience and minimize disruptions. It uses proven strategies to help enterprises become successful.  ServiceNow delivers the following solutions using AI: The company streamlines IT workflows, employee workflows, customer workflows, and creator workflows. From legal to human resources to manufacturing and supply chain, ServiceNow has innovative solutions to tackle the challenges in each sector and use AI technology to get effective results. Now Platform® is the latest product developed by the company to promote future-proof technologies and make socially responsible contributions to society.  5. Coveo Coveo is an enterprise SaaS company and one of the leading AI service providers in Canada. The company helps organizations and large enterprises personalize technology and derive results at scale to generate higher revenue. It has developed the Coveo Relevance Cloud™, an AI platform to enhance digital experiences for end users by streamlining commerce, website, searches, services, and workplace applications. It has 17+ years in the industry and works with global businesses like Salesforce, Dell, etc.  A few services offered by Coveo are listed below:  The company helps organizations personalize everything to convert every digital interaction into a profit. It promises up to a 15% increase in revenue per visit by using sophisticated ML algorithms

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15 Common AI Mistakes to Avoid: Ensure a Smooth AI Journey

Artificial intelligence offers endless benefits to a business but can be overwhelming to implement without proper guidance and support. Here, we’ll discuss the common errors enterprises make in AI implementation along with the ways to avoid them.  Artificial intelligence has been a part of the global market for years. While it has several definitions, AI is mainly the science and engineering of making machines intelligent. It combines computer science and datasets to enable quicker problem-solving.  Many SMBs, MSMEs, and large enterprises are adopting AI technology and tools for various purposes. A research report shows 44% of companies in the private sector will adopt AI in 2023.  According to Statista, AI is mainly used for managing data as a business asset, establishing data culture, driving innovation, performing data analytics, and building a data-driven enterprise. However, several business organizations have suffered from artificial intelligence failures. In fact, various studies show that 70% of companies have minimal or no impact of AI, and a whopping 87% of data science projects don’t make it to production.  In a way, AI mishaps are one of the reasons for organizations to be wary of adopting advanced technology for digital transformation. For example, the automated hiring algorithm used by Amazon turned out to be biased against women and hired only white men (due to biased training data). A real estate tycoon in Hong Kong filed a lawsuit against a business that sold him an AI robot to manage his funds. The robot lost around $20 million every day instead of increasing the funds by making the right investment decisions.  It’s crucial to understand where things go wrong and avoid such mistakes to successfully implement AI technology in a business.  In this blog, we’ll read about the common AI mistakes every business should avoid and ways to achieve the desired results.  What are the Most Common AI Mistakes to Avoid? 1. Half-Hearted Attempts Artificial intelligence can offer a multitude of benefits to a business. However, it requires heavy investment in building a strong IT infrastructure and training employees to work with the latest tools. Making half-hearted attempts or investing in AI for the sake of it is a sure way to generate losses.  AI adoption requires planning, implementation, and continuous tracking to deliver results. Haphazard processes will only waste business resources and lead to additional complications. To prevent such issues, businesses should take the time to develop a strategy for AI adoption and follow it.  2. Lack of Data Quality Is your data large enough to make AI effective? This is one question many people ask since AI is associated with large datasets. However, businesses forget to consider data quality and its impact on artificial intelligence. The AI model is as good as the data used to train it. If businesses don’t provide high-quality data input, the model will not deliver accurate results.  Lack of data quality is another major reason for AI failure in enterprises. This can be avoided by investing in proper data systems and ETL (extract, transform, load) models to collect, clean, format, and process the data before it is fed into AI models for training. Data management is necessary to avoid skewed or incorrect models.  3. Unclear Business Goals Why should a business invest in AI? What problems does the top management wish to solve using artificial intelligence? Which business goals can be achieved through AI adoption? Every enterprise should have clear answers to such questions before investing in AI. Simply copying a competitor is likely to result in failure.  Establish definite and measurable business goals. Align these goals with the business vision and mission. Then create an AI adoption strategy that supports the business goals and objectives. Evaluate the impact the AI model would have on the establishment and calculate the expected ROI. The trick to avoiding AI failure is to spend more time strengthening the foundation instead of building AI on weak bases.  4. Not Focusing on Change Management AI adoption requires many changes across the organization. The internal processes, IT systems, employee working methodologies, and organizational culture have to be changed and revamped to align with how AI systems work. Quite a few businesses don’t pay enough attention to these changes. They don’t have a comprehensive plan to implement the changes cohesively at each level. This results in disruptions, miscommunication, delays, and unexpected losses.  Companies offering AI consulting services insist on developing a change management strategy to ensure employees, management, systems, and processes are in sync and work towards the same goals. It’s vital to address the cultural and behavioral aspects of AI adoption to overcome roadblocks and ensure a smoother transition from outdated methods to the latest ones.  5. Relying on Black Box Models AI models are complex and hard to understand. There’s no denying this statement. However, when a business relies on such black box models (ones that offer almost no explanation of how the algorithms work), it creates opacity in the enterprise. Lack of transparency and accountability can lead to many issues for the business. Who will be responsible for the wrong insights?  Avoid using black-box AI models in the organization. Work towards building transparent models and maintaining clear documentation to understand how things are done. Businesses that cannot afford to build AI models from scratch can partner with AI companies to customize existing tools and increase transparency. Put in extra effort to explain the process to employees and establish procedures that make people accountable.  6. Not Enough Expertise Introducing artificial intelligence in a business is no small task. AI models are best handled by experts with the necessary domain knowledge. Asking the existing talent pool to use AI technology without proper training is likely to cause errors and additional problems. When planning the digital transformation of a business, it’s important to identify the talent gap and find ways to fill it.  Organizations can hire an in-house team of AI experts to initiate the process or rely on offshore service providers. Building a team from scratch is cost-intensive and time-consuming. However, working with AI companies is quicker, cheaper, and more effective.

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Artificial Intelligence vs. Machine Learning: Key Differences

Often, individuals in the technology world use the terms Artificial Intelligence and Machine Learning interchangeably. However, while AI and ML are closely related, they’re different in almost every aspect. Want to know the difference between AI and Machine Learning or how they’re different? Read along. The internet is full of definitions that fail to define AI and ML properly, which is why the confusions arise. However, in this blog, you’ll find a detailed differentiation of AI vs. Machine Learning. So much so that even a non-tech-savvy person will be able to differentiate these terms. In addition, you’ll also find the advantages or use cases/applications of AI and ML in different business domains, which will further help deepen your understanding. So, read in full. AI Vs. Machine Learning What is AI or Artificial Intelligence? Some individuals think of AI as creating a conscious sentient being via programming, which is often termed artificial general Intelligence. On the other hand, data scientists use AI at a practical scale for solving real-world problems such as customer service, data analysis, manufacturing, etc. So, we can conclude that Artificial Intelligence is an umbrella term for technology that helps individuals autonomously solve problems by simulating human Intelligence. And this is done using algorithms that analyze input data and produce outputs. Take a chatbot, for example. Whenever a customer types in his/her query, the bot comes up with a suitable answer (output) based on the question (input). What’s more amazing is that AI algorithms can react to input data in different forms. Take virtual assistants or personal assistants like Google or Siri, for example. Whether you say, “What’s the weather like” or “What’s the temperature” or maybe “How’s the weather” the assistant is going to notice the keyword and provide you with the correct answer. Note. AI has numerous subsets such as Machine Learning, deep learning (common application: virtual assistants), neural networks (common application: facial recognition), computer vision (common application: image recognition or object recognition), and natural language processing. What is Machine Learning? Machine Learning, as stated above, is one of the subsets of Artificial Intelligence. However, unlike AI, Machine Learning as a term doesn’t mean creating smart machines or computer programs that can simulate human behavior to solve problems. It means creating computer systems that learn and improve on their own, using experiences (huge volumes of data) without human intervention. We can cite the example of voice assistants to understand Machine Learning.  Earlier, the assistants used only to recognize specific statements like “What is the weather outside” and give an output. If anything else was said, the assistant wasn’t able to produce the desired output. However, because of Machine Learning, assistants can now recognize and respond to a variety of different statements having the same meaning. Another example of ML is predictive analysis.  Several companies, such as Netflix and Amazon, use predictive analysis to predict user behavior and deliver a better user experience. What’s more, banks use predictive analysis to predict fraudulent patterns and stop illicit transactions from happening.     In a nutshell, if AI is the grand vision of creating intelligent computer programs or machines, ML consists of the models, technology, and processes that are being used by experts to reach there. How are Machine Learning and Artificial Intelligence Different? Machine Learning and Artificial Intelligence can be differentiated based on several factors such as their scope, primary goal, application, the data type they deal with, etc. Here’s a table that can help you differentiate Machine Learning and Artificial Intelligence better:  Criteria Artificial Intelligence Machine Learning Primary Goal To create computer systems that simulate human intelligence for solving problems. To enable machines to learn automatically from data and improve the accuracy of outputs Hierarchy AI sits at the top with Machine Learning, deep learning, computer vision, neural networks, and natural language processing being its subsets.  ML is a subset of AI and deep learning is the subset of Machine Learning that involves deep learning algorithms, vigorous training data, and multilayered neural networks. Scope AI has a pretty broad scope. Limited scope, as the focus is on making machines more accurate. Applications Chatbots, voice assistants, humanoid robots, etc.  Google search algorithms, recommendation engines, etc. Types Weak AI, Strong AI, and General AI. Supervised learning, Unsupervised learning, and Reinforcement learning Use Cases of AI And Machine Learning? 1. Fraud Detection (Anomaly Detection) AI and ML are revolutionizing the finance industry because of predictive analysis. ML can help finance companies, especially banks, with fraud pattern recognition and raise the alarm whenever there’s something fishy, thus preventing fraud from happening. Please Note. While there’s already a rule-based system that’s used by different banks, it’s accused of causing false positives. And this costs the banks a lot of time as the employees have to mitigate the issue only to find it was a false alarm. However, fortunately, as an ML system learns from its experiences, the chances of false positives reduce which helps save time and resources. 2. Automation With AI in place, companies can easily automate redundant tasks and improve efficiency. And this is true for every domain across the globe. Here are some examples: Education Sector Teachers have to manually process attendance and create questions or exam papers redundantly, which requires a lot of time and effort. However, with AI, teachers can use attendance tools or biometric systems to mark attendance and use tools such as PrepAI for generating intuitive question papers within minutes. Manufacturing Manufacturing is highly labor intensive and has a lot of moving parts which increase the likelihood of making mistakes. However, AI makes it easy. Using automation tools or robots at a manufacturing facility, companies are drastically improving their delivery potential and reducing the error margin while ensuring worker safety and innovation. 3. Customer Support Machine Learning algorithms work behind the voice assistants such as Google’s Google Assistant, Apple’s Siri, or Microsoft’s Cortana for speech recognition using NLP or Natural Language Processing to provide you with an answer to your query. And several companies integrate voice assistants or chatbots on their

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