Message From ABBYY’s AI Expert 

September was nothing short of exhilarating! We hosted not one, but two ABBYY AI Summits, touching down in Sydney and Singapore. It was fantastic connecting with all of you, and a common theme echoed throughout our conversations: the practical usage of AI in the business space. 

That's exactly what ABBYY's CMO, Bruce Orcutt, and I unpacked during our session, outlining how you can achieve real outcomes and consistent results. Keep an eye out for an upcoming blog post where we'll dive deeper into those insights—no red pills required!

We also had the privilege of featuring the incredibly knowledgeable Alexander Hanff, who tackled the hot topic on everyone's mind: AI in the context of privacy and compliance. His presentation was the talk of the event!

You can watch all sessions on demand – click here for Sydney and here for Singapore.

But wait, there’s more – behind the scenes, we’ve been busier than a droid factory on Geonosis to bring you something I'm personally super excited about. Introducing ABBYY Ascend, our new virtual launch event series we'll be running regularly. Consider it your front-row seat to all the innovations from ABBYY designed to deliver more value to you. 

You won't want to miss this adventure – reserve your spot now!             

So grab your portal gun (or just your curiosity) and let's dive into this month's AI Pulse.

Newsletter Special 

Discover how a fast-food franchise automated its commercial lease data extraction process using ABBYY Vantage with GPT-4, achieving 82% accuracy across 30,000 lease documents annually. o Learn about incoming AI regulations, e-invoicing requirements, process intelligence use cases, and more exclusive insights from AI champions on best practices for intelligent automation initiatives.

Read more >

Top AI News This Month 

1. OpenAI Unveils O1 Preview and Deprecates GPT-3.5: Keeping Up with the AI Fast Lane   >

OpenAI has just launched the O1 Preview, their latest model celebrated for its superior reasoning skills—think of it as the new superhero in the AI universe. Simultaneously, they've announced the deprecation of GPT-3.5, a model that powered countless applications. It's like when your favorite streaming service suddenly removes a show you've been binge-watching.

This rapid shift poses the question: How can companies and users keep up with ever-changing technology? The answer lies in adaptability. At ABBYY, we're no strangers to this dynamic landscape. We've always prioritized creating solutions that are not only powerful but also flexible, ensuring your business stays ahead of the curve even as the tech terrain changes.

The Bottom Line: In the fast-paced world of AI, staying informed and adaptable turns challenges into opportunities. After all, as they say in the world of sci-fi adventures, "Change is the essential process of all existence."

2. AI Training on AI: Is Quality at Risk?  > 

An IEEE Spectrum article poses a thought-provoking question: Will AI models start to deteriorate if trained on AI-generated data? It's akin to making a copy of a copy, where each iteration loses a bit of clarity. As AI-generated content proliferates, there's a concern that models could inadvertently learn from synthetic data, leading to compounded errors or biases.

For businesses, this underscores the importance of high-quality, human-generated data in AI training. At ABBYY, we emphasize using authentic data to ensure our AI solutions remain accurate and reliable.

The Bottom Line: To keep AI models performing at their best, we must be vigilant about our data sources. After all, even in a digital world, there's no substitute for the real thing.

3. Forecasting AI's Future: Can We Predict What's Next?  >  

A recent blog post from SAFE.ai tackles the intriguing challenge of forecasting AI development. Much like trying to predict the next season of "Stranger Things," anticipating where AI is headed can be a complex endeavor filled with twists and surprises. The article questions whether our current forecasting methods are up to the task or if we're venturing into the unknown without a reliable compass.

For businesses and AI enthusiasts, this raises important considerations:

• Stay Informed: As AI evolves at warp speed, keeping abreast of the latest developments is crucial.
• Embrace flexibility: Companies should remain adaptable, ready to pivot strategies as new AI advancements emerge.
• Consider ethical implications: Forecasting isn't just about technology—it's also about understanding potential societal impacts.

At ABBYY, we're committed to navigating this ever-changing landscape thoughtfully, ensuring our innovations are both cutting-edge and responsibly developed.

The Bottom Line: While the future of AI might be as unpredictable as a Rick and Morty escapade, staying engaged and adaptable will help us make the most of the exciting journey ahead.

ABBYY Spotlight

ABBYY In The News

1. A Beacon of Innovation: What is Retrieval Augmented Generation?  >

2. Agentic RAG vs. Traditional RAG: Which Improves AI Capabilities More? >

3. Understanding RAG: How to Integrate Generative AI LLMs with Your Enterprise Data > 

AI Before It Was Cool

Fun Fact

Did you know that AI is expected to surpass human intelligence by 2045? By then, experts have projected that some industries might be fully automated by AI – however, they also predict that AI will generate about 2 million new jobs in the process.

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