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Today Microsoft Azure announced a variety of enhancements across its AI services at Ignite 2022. The company says the updates will help people “work smarter, not harder by bringing more intelligence, insights and value to the hands of customers.”
The product updates include new innovations in Azure Applied AI Services to help customers automate mundane tasks and serve end-users in multiple languages worldwide; updates to Azure Cognitive Services to “enrich and simplify” the creation of AI apps with pre-built models and text-to-image generation; and new capabilities in Azure Machine Learning that boost the productivity of developers and data scientists of all skill levels, and help further responsible AI deployment.
More than 85% of Fortune 100 companies have used Azure AI in the past 12 months, spanning industries and use cases. But John Montgomery, corporate vice president at Azure AI, told VentureBeat that the context for the updates is the current economic situation, which is forcing companies to grapple with both doing more with less as well as to figure out ways to help workers be more productive and satisfied.
“There is a significant pressure,” he said. “Most companies I talk with are looking at what they have to do with their people and had hiring ramps that are being changed or reduced.”
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That has led, he explained, to a “tremendous acceleration” of AI adoption in enterprises, helped by technologies that focus on speed and scale. “The scale we see with customers is pretty sign …