BUSINESS

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AI-Based Large Language Models for Business Intelligence
Fluent has closed a $7.5 million seed investment round to apply AI-based Large Language Models (LLMs) to business databases, making them far easier to interrogate by the average business person. The global business intelligence market size was valued at $27.11 billion in 2022 & is projected to grow to $54.27 billion by 2030.
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Read more at TechCrunch
MIAT Mongolian Airlines Business Class
MIAT Mongolian Airlines' 787 business class lavatory 787. The airline has a very attractive business class pricing, so I think the value is there. I’m getting ahead of myself... MIAT’s business class entertainment 787 The best part of the flight was probably the gorgeous sunset.
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Read more at One Mile at a Time
CIOs: Data Governance Is a Business Enabler
churn is one of the key metrics you use to measure a cloud company. Net retention rate and annual recurring revenue also became key metrics. This was a gift because it forced us into data governance and we sell data governance products.
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Read more at CIO
What's Behind the Slowdown?
So we see a certain slowness. It's bottoming out. So we are not at a stage where we see that stimulus, particularly on the B2B side of our business, you know, express cargo being shipped from Asia within Europe. We see some weakness in Europe that is a bit stronger than we originally expected towards the end of the year. And we have good ways to deploy capital, especially in our e-commerce business.
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Read more at Bloomberg
Bitcoin Comes Out of Crypto Winter
In this Business Daily, we look at what's happened in the cryptocurrency sector in the past two years. In this edition, Bryan Quinn looks at the 'technical issue" which deprived users of social media apps Instagram and Facebook for more than two hours on Tuesday.
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Read more at FRANCE 24 English
Small Business Invests in AI
A recent survey of U.S. small business owners finds that 60% seek to improve productivity and communications by allocating bigger budgets to new technologies like AI. The survey results mirror PYMNTS Intelligence research, which shows that AI is assisting small businesses. AI can help integrate data from across spreadsheets, PDFs, and business units.
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Read more at PYMNTS.com
LEC Brown Bag Hour
If you are in the LEC at the noon hour on Wednesdays, we welcome you to join our LEC Brown Bag Hour. Bring your lunch, bring your smile, bring you! Flexible, casual, drop in when you can. Feel free to extend this invitation to other colleagues and students.
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Read more at University of Wisconsin-Milwaukee
Phoenix Tower International (PTI) Announces Acquisition of 100% of Cellnex in Ireland
Phoenix Tower International has entered an agreement to acquire 100% of Cellnex’s business in Ireland. The transaction will expand PTI’s Irish business by adding approximately 1,700 mobile telecom sites and approximately 200 land locations that accommodate third-party wireless sites. This transaction is poised to bring substantial benefits to both the Irish population and MNOs operating in the region.
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Read more at VanillaPlus
Photonics Challenge 2024
Photonics Challenge 2024 is a business contest that supports the expansion of optical technology applications by venture companies and small and medium-sized enterprises (SMEs) this year marked its fifth year and is the only business plan contest in Japan that specializes in optical technology. Nine of the nine companies, selected from among applicants from all over Japan, presented their business plans applying a wide variety of light at the final judging held on February 29.
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Read more at PR Newswire
The Corporate Transparency Act - A New Tax Topic
The Corporate Transparency Act, passed by Congress in 2021, is designed to prevent money laundering, corrupt financial transactions and financial terrorism. The act requires millions of small businesses, including LLCs, corporations and limited partnerships to begin filing new reports to disclose their beneficial owners in 2024. Companies created after Jan. 1, 2024 must file within 30 calendar days of receiving actual or public notice from the state’s secretary, Sobba says.
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Read more at Farm Progress