The biggest risk corporations see in gen AI usage isn't hallucinations [CNBC]
AvePoint, Inc. - Class A (AVPT)
Company Research
Source: CNBC
The perks of generative artificial intelligence have a flip side, including hallucinations, code errors, copyright infringement, perpetuated bias and — what organizations worry about most — data leaks. Most companies (77%) report successful gen AI pilots, according to a recent survey from Alteryx , but 80% cite data privacy and security concerns as the top challenges in scaling AI. Meanwhile, 45% of organizations encountered unintended data exposure when implementing AI solutions, according to AvePoint's 2024 AI and Information Management Report . Microsoft AI's leak of 38 terabytes of data late last year is just one example of how big this problem can get. “AI has certainly amplified and accelerated some of the challenges that we see around data management,” said Dana Simberkoff, chief risk, privacy and information security officer at AvePoint, which provides technology to help organizations manage, migrate and protect their data in the cloud and on premise. Simberkoff explain
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News
- AvePoint First Quarter 2024 Earnings: US$0.009 loss per share (vs US$0.05 loss in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- AvePoint, Inc. (NASDAQ:AVPT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- AvePoint Announces First Quarter 2024 Financial ResultsGlobeNewswire
- AvePoint to Participate in Upcoming Investor ConferencesGlobeNewswire
- Most Shareholders Will Probably Find That The Compensation For AvePoint, Inc.'s (NASDAQ:AVPT) CEO Is Reasonable [Yahoo! Finance]Yahoo! Finance
AVPT
Earnings
- 5/9/24 - Beat
AVPT
Sec Filings
- 5/21/24 - Form 4
- 5/21/24 - Form 4
- 5/9/24 - Form 10-Q
- AVPT's page on the SEC website