Unclear strategies are thwarting AI at traditional companies

Traditional organisations have high hopes for AI, but strategic shortcomings are severely restricting their ambitions. That’s according to a new report from Silo AI, a startup based in Finland. The company recently earned headlines for building a large model (LLM) with multilingual capabilities but primarily focuses on bringing AI into established businesses. That gives it a window into mainstream adoption of the tech. The new research paints a more detailed picture. The report analysed various traditional businesses and organisations. Silo surveyed companies from assorted industries, from manufacturing and construction to financial services and the public sector. Despite a median age of…

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