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“Contextual AI has seen strong use cases in finance, healthcare, legal and other industries. It can also help employees answer questions like, “who should I prioritize this week?” or “what should the message be?”. Compared to a technology like ChatGPT, Contextual models are smaller and require less compute. In software, more dollars are spent on services integrating technology solutions than on products, Garg said.”
“Generative AI presents an opportunity to turn service revenue into product revenue.”
What do you think about contextual models in the AI sector? Let us know in the comments.
Link: How Bain Capital Ventures Incubates AI (crunchbase.com)