An inmate at a New York correctional facility, Glenn Rodriguez, was due for parole soon. The man had demonstrated excellent behavior and eagerly anticipated his release to embark on a fresh start. To Glenn’s dismay, the board denied him parole.

TL;DR Many companies rush into generative AI without realizing just how steep—and unpredictable—the associated expenses can be. Meanwhile, the cost of implementing generative AI in business can range from $0.0005 per 1,000 text units (tokens or characters) if you use a popular commercially available Gen AI tool to over $190,000 for a fully custom solution based on a fine-tuned open-source model.

Retrieval-augmented generation (RAG) is an AI architecture that enhances LLM accuracy by dynamically retrieving relevant, up-to-date information from external knowledge sources RAG significantly reduces hallucinations and improves response accuracy in critical domains like healthcare (96% diagnostic accuracy) and legal (38-115% productivity gains)

Have you ever tried to learn how a large language model works under the hood? Behind every smart AI tool lies an intensive but really fascinating training regimen. Training large language models (LLMs) is not a one-and-done activity—it’s a multi-stage process that turns raw data into powerful instruction datasets. From processing billions of words to mastering the art of not saying the wrong thing—the path from a blank-slate model to a specialized AI assistant is truly extrao

According to the recent McKinsey survey, 78% of organizations use AI in at least one business function, with most survey respondents reporting the use of AI in an average of three business functions. This marks a significant jump from 55% in 2023 but still suggests covering only a fraction of where it could deliver value.

Everyone wants AI, but few know where to start. Enterprises face analysis paralysis with implementing AI effectively when massive, expensive models feel like overkill for routine tasks. Why deploy a $10 million solution just to answer FAQs or process documents? The truth is, most businesses don’t need boundless AI creativity; they need focused, reliable, and cost-efficient automation.

Some experts believe that AI agents are just a passing fad, while others dream of AI-run banks and artificial CEOs delegating work to AI agents and humans alike. Our artificial intelligence consulting company believes that this technology has great potential, but there are limitations that firms considering implementing AI agents need to be aware of.

How to implement AI in business: the definitive guide