Team Netex at CloudFest 2024

20 Mar 2024

Team Netex at CloudFest 2024 CloudFest 2024, held from March 19 to 21 at the picturesque Europa Park in Rust, Germany, was an idyllic setting for this landmark event.
Marking two decades of innovation and collaboration, CloudFest 2024 drew in a staggering 11,000 registrants from around the globe, making it one of the largest gatherings in the tech industry calendar.
Unsurprisingly, artificial intelligence (AI) emerged as the dominant topic of conversation this year. Speakers and attendees alike were captivated by the advancements, challenges, and opportunities presented by AI technologies.
Discussions also delved into the intricacies of large language models (LLMs) such as chatGPT and Gemini, highlighting the nuances and challenges associated with their performance across different languages. While LLMs offer immense potential, there’s recognition that their efficacy varies across linguistic contexts.
While AI site builders have been touted as revolutionary solutions, the reality often needs to catch up to the hype. It was emphasized that while AI is a valuable tool, it has yet to become a panacea for creating authentic, localized, and effective website presences in diverse global markets.
The escalating costs of training AI models were also discussed, with concerns about the significant computing power and electricity consumption required. As energy prices continue to rise, businesses grapple with the financial implications of AI development and deployment. While participating in a live demonstration featuring a physical server used for training a question-answering system, we discovered that we already use something very similar in Mondo to provide the standard texts for the Romanian language.
Adding an adrenaline-fueled twist to traditional startup pitching, the Silverstar Startup Pitch challenged participants to present their business ideas in just one minute while riding the park’s most exhilarating rollercoaster and hanging for dear life.
Jürgen Schmidhuber, hailed as the “father of modern AI,” shared his vision of replicating Einstein using AI and offered reassurance about the future collaboration between humans and AI. His optimism and encouragement resonated with attendees, inspiring confidence in the transformative potential of AI.
In a thought-provoking address, Auma Obama reminded the audience that `Africa is not a country`, meaning that Africa is not a monolithic entity but a diverse continent with unique cultures, languages, and challenges.
In summary, CloudFest 2024 was a forum for exploring the latest trends and technologies and a celebration of collaboration and innovation in the ever-evolving landscape of cloud computing and AI.