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Software vendors race to bet on ChatGPT craze – CFO Dive

Enterprise software vendors big and small are moving quickly to adopt the technology behind ChatGPT, the popular artificial intelligence tool developed by Microsoft-backed OpenAI.

San Francisco-based startup Klarity Intelligence is among early adopters that are marketing new tools targeted at finance departments in particular.

Its very clear that this is a technology that can bring immense value to finance teams,Nischal Nadhamuni, chief technology officer and co-founder of Klarity Intelligence, said in an interview.

Klarity, which focuses on helping businesses to automate document-heavy workflows, is leveraging OpenAIs technology in a new demo product available for free on the internet, with plans to unveil an enterprise-ready version within coming weeks.

The upgrade will allow clients to more quickly and easily perform functions such as validating billing and revenue data, according to Nadhamuni.

ChatGPT is an AI-driven natural language processing tool capable of interacting in a conversational way and producing responses to questions across a number of subject areas. The technologys popularity is rapidly increasing, even as some worry about risks such as data security breaches.

Klaritys demo product incorporates a new model of the technology, known as GPT-4. However, the tech startup is working to address data security issues and other potential concerns before making the upgraded system available to its clients, which include online video conferencing company Zoom Video Communications Inc. and cybersecurity firm Cloudflare Inc.

We want to be able to test more internally before we do that, Nadhamuni said. Among other security protocols, Klarity is using end-to-end encryption and has opted out of any of its customer or user data being used by OpenAI for ChatGPT model training, he said.

In a related move, finance tech startup Brex has announced plans to launch new ChatGPT-style tools for CFOs.The new tools, which are set to be made available later in 2023 through Brexs Empower platform, expand on work the company has done with Scale AI during the past year to automatically parse receipts and invoices, extracting data to enable automatic policy enforcement, the company said in a March 7press release. Strict privacy controls will be maintained as the new features are rolled out, it said.

Other early ChatGPT adopters include bigger companies with more far-reaching tools.Last week, Microsoft said it was planning to bring ChatGPT-like features to Microsoft 365, its product suite that includes Word documents, Excel spreadsheets, PowerPoint presentations and Outlook emails. The software giantannounced in January that it was extending a partnership with OpenAI, making a new multiyear, multibillion-dollar investment in the startup company.

Earlier this month, Salesforce Inc. unveiled a ChatGPT app for its Slack business messaging platform.

Meanwhile, Google is experimenting with a ChatGPT competitor known as Bard.

Klarity said on March 15 that it began using GPT-4 in a demo platform that allows users to extract data from PDF documents and graphs that can then be reviewed and analyzed in minutes. That announcement came just a day after GPT-4 was released to the public. Prior to that, Klarity had been experimenting with the technologys previous iteration, GPT-3.5.

Beginning in April, all new Klarity customers will get the GPT-4 driven platform, and existing ones will be offered migration options, the company said in a press release.

Klaritys platform can extract the payment terms in a PDF contract and automatically populate them into an invoicing system, the company said. It also helps ease order management, billing and revenue recognition reviews, processes that have traditionally been performed manually by large teams of analysts who reconcile data between systems and documents for accuracy and completeness and then populate long revenue checklists, according to the release.

Previously, the company used its own custom AI models to create document summaries for finance and accounting teams that pulled out high-level details such as licensed products, payment terms, addresses and non-standard language, the release said. With GPT-4 embedded across the platform, customers now will have the ability to instantly set up new extraction fields within minutes, as well as use AI capabilities in the tool to compare data such as party names, dates, and addresses, it said.

The enhanced platform also allows users to chat with their documents, according to Nadhamuni. For example, the platform could be asked to search revenue contracts for refund upon termination for convenience clauses.

This is a very damaging clause, because it means your customer can end the contract and be entitled to a refund, so you want to know if your contract has one of those, he said.

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Software vendors race to bet on ChatGPT craze - CFO Dive

Auto Appeal Software playing key role in ensuring hassle-free and timely delivery of services to citizens – Times of India

CHANDIGARH: Haryana chief minister Manohar Lal Khattar said on Friday that Auto Appeal Software (AAS) is playing a pivotal role in the timely delivery of services to the citizens. Since its launch on September 1, 2021, this system has not only brought radical changes in the age-old manual system of the government functioning but has also ensured transparency and accountability of the officers.Khattar shared this while interacting directly with the beneficiaries of Auto Appeal Software (AAS) through audio conferencing here.He said that the revolutionary changes brought by the present state government have certainly given a big sigh of relief to the common man not only in terms of getting their work done in a time bound manner but also saving their time to make rounds of the government offices.The chief minister informed that presently 384 services of 33 departments have been on boarded on AAS. For this, the officers of the Right to Service Commission deserve appreciation.He said that due to the implementation of AAS, an automatic appeal is made on behalf of the citizen to the First Grievance Redressal Authority if the service is not provided on time. If the First Grievance Redressal Authority does not dispose of the appeal within 30 working days, the appeal automatically goes to the Second Grievance Redressal Authority. Similarly, if the appeal is not disposed of within 30 working days, the appeal automatically is forwarded to the Right to Service Commission, shared Khattar.The Chief Minister said that regular monitoring of the AAS software is done by the Right to Service Commission. A total of 6,54,799 appeals have been filed under AAS from September 5, 2021, to March 17, 2023. Out of these, 6,10,145 appeals have been disposed of, informed Khatta

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Auto Appeal Software playing key role in ensuring hassle-free and timely delivery of services to citizens - Times of India

Pac-12 Swim Awards Sweep – Stanford University Athletics – Stanford Athletics

STANFORD, Calif.-After winning the Pac-12 Championship for the second consecutive year, Stanford women's swimming and diving swept the conference's annual swimming awards, the Pac-12 announced on Thursday.

Greg Meehan, the Paul A. Violich Director of Women's Swimming, was honored as the Pac-12 Women's Swimming Coach of the Year for the second year in a row and the sixth time in his career. Torri Huske took home Women's Swimmer of the Year and Claire Curzan was named the Women's Freshman of the Year.

Huske is the 16th swimmer in program history to be named Women's Swimmer of the Year. The sophomore took home the gold in all of her events at the Pac-12 Championships and set program records in the 200 IM and 100 fly at the NCAA Championship last weekend.

The Cardinal has taken home the Freshman of the Year Award eighttimes in the last nine years, with Curzan being the 11th swimmer to earn the award. The North Carolina native took home the NCAA title in the 200 back and set a pool record at 1:47.64.

Stanford returned to the podium in 2023 with a third place finish with 333 points. The Cardinal picked up national titles in the 200 free and 200 back.

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Pac-12 Swim Awards Sweep - Stanford University Athletics - Stanford Athletics

Dalet and IMT Extend Strategic Partnership to Reinvent Media Asset … – Sports Video Group

Dalet announces a partnership with Integrated Media Technologies, Inc. (IMT).IMT is positioned to fully leverage the Dalet portfolio of cloud-native media production, management and distribution solutions to enable digital and business transformation for clients. Early collaborations include the implementation of Dalet Flex media supply chain capabilities to facilitate content packaging and delivery workflows on Amazon Web Services (AWS) infrastructure for the Gamestar+ streaming service.

Dalet brings to the IMT portfolio 30 years of media experience packed into modern cloud-native solutions that will accelerate our customers ambitions and business, comments Jason Kranitz, President, Systems Integration, IMT. Dalet cloud-native solutions offer the agility for real transformation backed by a company with a customer centric ethos that makes this an outstanding partnership.

As part of its solutions portfolio, IMT will offer Dalets robust cloud-native solutions and SaaS offerings, which include the market-leading media logistics solution Dalet Flex. Dalet seamlessly integrates with CloudSoda data migration solution, supporting high-speed data movement that is agnostic to the underlying storage technology.

IMT is fully aligned with Dalet in terms of skills and technology portfolio, specifically their close collaboration with AWS, a key partner in the Dalet ecosystem, states Ewan Johnston, Strategic Alliances and Channel Partner Director, Dalet. Together, we can help customers traverse the entire journey to the cloud, especially those with complex content workflow environments. IMTs deep bench knowledge with digital content workflows combined with Dalet cloud-native solutions enable customers to take full advantage of cloud services, offering an agile, modular solution to power exceptional content workflows and experiences that just cannot be attained with legacy solutions.

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Dalet and IMT Extend Strategic Partnership to Reinvent Media Asset ... - Sports Video Group

Increasing Threat of Spread of Antimicrobial-resistant Fungus in … – CDC

Candida auris (C. auris), an emerging fungus considered an urgent antimicrobial resistance (AR) threat, spread at an alarming rate in U.S. healthcare facilities in 2020-2021, according to data from the Centers for Disease Control and Prevention (CDC) published in the Annals of Internal Medicine. Equally concerning was a tripling in 2021 of the number of cases that were resistant to echinocandins, the antifungal medicine most recommended for treatment of C. auris infections. In general, C. auris is not a threat to healthy people.People who are very sick, have invasive medical devices, or have long or frequent stays in healthcare facilities are at increased risk for acquiring C. auris. CDC has deemed C. auris as an urgent AR threat, because it is often resistant to multiple antifungal drugs, spreads easily in healthcare facilities, and can cause severe infections with high death rates.

The rapid rise and geographic spread of cases is concerning and emphasizes the need for continued surveillance, expanded lab capacity, quicker diagnostic tests, and adherence to proven infection prevention and control, said CDC epidemiologist Dr. Meghan Lyman, lead author of the paper.

As further explained in the article, C. auris has spread in the United States since it was first reported in 2016, with a total of 3,270 clinical cases (in which infection is present) and 7,413 screening cases (in which the fungus is detected but not causing infection) reported through December 31, 2021. Clinical cases have increased each year since 2016, with the most rapid rise occurring during 2020-2021. CDC has continued to see an increase in case counts for 2022. During 2019-2021, 17 states identified their first C. auris case ever. Nationwide, clinical cases rose from 476 in 2019 to 1,471 in 2021. Screening cases tripled from 2020 to 2021, for a total of 4,041. Screening is important to prevent spread by identifying patients carrying the fungus so that infection prevention controls can be used.

C. auris case counts have increased for many reasons, including poor general infection prevention and control (IPC) practices in healthcare facilities. Case counts may also have increased because of enhanced efforts to detect cases, including increased colonization screening, a test to see if someone has the fungus somewhere on their body but does not have an infection or symptoms of infection. The timing of this increase and findings from public health investigations suggest C. auris spread may have worsened due to strain on healthcare and public health systems during the COVID-19 pandemic.

The CDCs Antimicrobial Resistance Laboratory Network, which provides nationwide lab capacity to rapidly detect antimicrobial resistance and inform local responses to prevent spread and protect people, provided some of the data for this report. CDC worked to significantly strengthen laboratory capacity, including in state, territorial, and local health departments, through supplemental funding supported by the American Rescue Plan Act. These efforts include increasing susceptibility testing capacity for C. auris from seven Regional Labs to more than 26 labs nationwide.

CDC continues to work with state, local, and territorial health departments and other partners to address this emerging threat to public health. Review more informationon C. auris, the Antimicrobial Resistance Threats Reportthat identified C. auris as an urgent threat in the United States, or the WHO fungal priority pathogen list that identifies C. auris as a priority globally.

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Increasing Threat of Spread of Antimicrobial-resistant Fungus in ... - CDC