Today’s Top Picks:

Stay informed with our daily dose of AI news and industry insights to help you make informed business decisions.

• PwC, Microsoft and Icertis launch a collaboration to better contract intelligence

  • TL;DR - If giants make partnerships to develop impactful projects, why don't you? As a small business, tackling big projects on your own can be challenging, especially when working with limited budgets. But, this should not hold you back! Collaboration is a game changer in business. If you have a great idea but lack the necessary resources such as money, knowledge, team or expertise, you can find partners who can add what you need. Or if you want to implement AI but cannot afford to hire an expert, you can consider building a partnership and exchanging services. By collaborating with others, you can overcome your business limitations, achieve your goals, and succeed in today's competitive marketplace.

• Wendy’s New Drive-Thru Employee Is an AI Chatbot.

  • TL;DR - AI is useful for all kinds of businesses. It doesn't matter what industry you're in, whether you offer services or products, or whether your client communication is online or in person. The potential of AI to boost your business is endless, and the sooner you start implementing it, the greater the impact will be. We know it can be intimidating, but you don't have to do it alone. Join AI-business communities, talk to other business owners and ask them how they're using it, and subscribe to educational materials that speak your business language and can translate technical information for you. By taking advantage of AI technology and connecting with other business owners, you can stay ahead of the curve and set your business up for long-term success.

• Cognizant and Google partner up to help businesses start their AI journey.

  • TL;DR - Big businesses target small businesses for a reason: there's a huge market out there. With AI changing the game for everyone, small business owners need to understand how it can benefit them too. That's where consulting services come in. Whether you're in marketing, sales, finance, or any other industry, understanding how AI can help your business is key. By providing that knowledge to your customers, you won't just be a consultant - you'll be an AI consultant.

AI Tip of the day:

Using AI-powered cybersecurity can really take your security to the next level. With the help of machine learning and other cool techniques, these tools can analyze tons of data and spot suspicious activity before it becomes a major problem. Tools like Darktrace and Cylance are great for integrating these solutions into your processes.

Let's say you run an online store that sells handmade goods. You've got a small team that runs the website and handles orders. Now, traditional security measures like firewalls and antivirus software are okay, but they only work when a threat is already happening. That's where AI comes in.

AI-powered cybersecurity can detect unusual patterns and behaviors, like someone trying to log in multiple times with the wrong password. It can respond fast and stop the threat in its tracks, before any real damage is done. Plus, these tools can also predict and prevent future threats by analyzing your website's historical data. That means you can stay one step ahead of the bad guys!

Overall, using AI for cybersecurity can help you keep your small business safe from cyber attacks, so you can focus on serving your customers and growing your business.