SAS and Microsoft team up to develop generative AI capabilities
(Global TMT, September 14, 2023) McKinsey & Company predicts that generative AI will bring billions of dollars in annual revenue growth to industries such as banking, high-tech, life sciences, and retail. As part of a $1 billion investment in industry solutions, SAS will help customers realize the last mile of generative AI applications. In manufacturing and logistics, SAS will continue to work with customers to build digital twin simulations. In banking and healthcare, SAS is working with customers on data synthesis. Facing specific industry challenges, SAS also conducts extensive research on large language models (LLM) to focus on providing customers with trustworthy and secure analysis results.
SAS is cooperating with Microsoft. The two parties are developing functions around generative AI and fully integrating SAS enterprise-level task orchestration and existing enterprise-level operational decision analysis with Microsoft Azure OpenAI. The new features will debut in private preview in the fourth quarter of 2023.
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