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ODSC West 2024 showcased a wide range of talks and workshops from leading data science, AI, and machine learning experts. This blog highlights some of the most impactful AI slides from the world’s best data science instructors, focusing on cutting-edge advancements in AI, data modeling, and deployment strategies.
Continuing the 2024 trend of rapid LLM cost reduction, OpenAI’s GPT-4o mini averages about 140x cheaper than GPT-4 was at its release just 16 months ago while also performing better on most benchmarks. The speed of AI cost reduction is dramatically faster, potentially enabling much more rapid adoption relative to cloudcomputing.
Familiarity with cloudcomputing tools supports scalable model deployment. billion in 2024, at a CAGR of 10.7%. R and Other Languages While Python dominates, R is also an important tool, especially for statistical modelling and data visualisation. This growth signifies Python’s increasing role in ML and related fields.
Introduction Embedded AI is transforming the landscape of technology by enabling devices to process data and make intelligent decisions locally, without relying on cloudcomputing. This involves: DataPreparation : Collect and preprocess data to ensure it is suitable for training your model.
The global data warehouse as a service market was valued at USD 9.06 billion by 2031, growing at a CAGR of 25.55% during the forecast period from 2024 to 2031. This rapid growth highlights the increasing reliance on data warehouses for informed decision-making and strategic planning. billion in 2024 to USD 774.00
Access to AWS environments SageMaker and associated AI/ML services are accessed with security guardrails for datapreparation, model development, training, annotation, and deployment. Users from several business units were trained and onboarded to the platform, and that number is expected to grow in 2024.
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