LUSA interview - DareData’s UK expansion and vision on Gen AI

LUSA interview - DareData’s UK expansion and vision on Gen AI

In this interview, Nuno Brás talks about DareData's expansion into the UK, its work with GenAI, and emphasizes the importance of human-centric AI development.

Telco
Government
Industrial
3.3.2024
3 min read

In which countries is DareData present?

DareData is present in Portugal, Spain, Norway, Australia, the United States, France, Greece, and Brazil. We have specialists from our freelance network based in these countries, collaborating on international projects, including in the United States and the United Kingdom.

Are there expansion projects planned for this year? If so, where?

We have a very clear and exciting vision. We want to expand our presence in the United Kingdom this year and are already working towards that goal. The UK market is highly developed in terms of AI systems, and DareData is eager to pursue this path, as the challenges faced by companies there serve as a benchmark for our technical capabilities and market differentiation, which is not based on lower salaries/costs.

What is the planned investment for this year?

We are looking at an investment of around one million euros. This year, our focus is indeed on our internationalization project, which will first involve a strong investment in the UK market and secondly in the articulated development of customized GenAI solutions, increasingly capable of addressing the new paradigms faced by companies (and society).

How much did you invest last year?

Last year, we invested half a million euros. This investment was divided between marketing, sales, and the development of customized in-house solutions.

Do you plan to recruit more people this year? If so, how many?

Yes. We plan to add between 15 and 20 people to our network. It’s worth noting that in January alone, we already welcomed six new technical specialists to our network, so we are very excited about our growth ambitions. We want to remain a highly differentiated company, both in terms of the people we hire and the quality of solutions we deliver, so growing at this pace is a challenge.

How do you see the development of Generative AI over the past year?

We must approach this topic with caution. There have been several cases where the implementation of GenAI has gone wrong. I can cite a recent example with Chevrolet, where some customers tricked the chatbot—one even managed to get the bot to say they could sell a car for one dollar. Another example is a case that went to court between Air Canada and a passenger who was “tricked” by the airline’s chatbot and ended up receiving compensation. These issues are caused by flawed GenAI implementations. However, it’s important to understand that this brings opportunities, especially for companies that have the technical know-how to create cutting-edge solutions. Companies with highly specialized knowledge in machine learning, particularly with a modern MLOps vision, will avoid the problems I mentioned. Additionally, I foresee a growing market for observability and quality measurement, in which we are particularly interested: defining the quality of responses/conversations in a generative conversational system is far from simple, and it seems to us that, together with the regulation of these agents (including what they can or cannot do), this will be an area of high market demand and discussion. The ethics of using machine learning in general, and GenAI in particular, is a topic that will only gain relevance.

At DareData, we are confident that GenAI will transform organizations worldwide. It will automate manual and time-consuming processes across the board and bring about new capabilities, some of which we can’t even imagine yet. However, it’s important not to overlook or ignore the human factor. We are strong advocates of human-centric AI because that is our mission. The trend in developing GenAI tools and solutions should precisely follow this human-centric path, enhancing each individual’s capabilities. Entities that fail to do this and focus solely on process automation without considering the consequences will make serious mistakes. For example, in the recruitment field, the use of AI in Human Resources is heavily debated. But this use must be balanced with human involvement from professionals in the area, or there will be misunderstandings regarding employment. People cannot be evaluated by machines alone. I emphasize the importance of developing human-centric AI solutions.

No one can predict what’s coming. It’s difficult to foresee whether new jobs will be created, how quickly more “traditional” jobs will disappear, and how society will prepare for this new market. But one thing is certain: there is room to improve processes, expand professionals’ capabilities, significantly increase productivity, and, above all, make life more rewarding for people and professionals.

Related

Industrial
9.30.24
1 min read

Rui Miguel Figueiredo on How AI Can Simplify Our Lives at the “Unleash Your Second Brain” Conference

At the “Unleash Your Second Brain” conference in Lisbon, Rui Miguel Figueiredo from DareData highlighted AI’s potential to simplify life and improve customer support interactions.

Industrial
9.25.24
1 min read

DareData at Data Makers Fest 2024: A Celebration of Innovation and Networking

The DareData team joined forces at Data Makers Fest 2024, where Nuno Brás delivered an insightful presentation on the performance of generative AI systems, and the team embraced the event’s energy and networking opportunities.

Industrial
9.20.24
4 min read

Is There a talent shortage in AI in Portugal?

Ivo Bernardo of DareData Engineering shares insights into Portugal’s AI talent market, addressing the perceived shortage of senior professionals, global competition, and the risk of inflated expectations in AI.

Industrial
9.17.24
1 min read

Nuno Brás explores the “Hype Cocktail” of Generative AI at Q-Day Conference 2024

At the Q-Day Conference 2024, DareData’s Nuno Brás tackled the growing excitement and challenges surrounding Generative AI, addressing the need for businesses to adopt new operating models to unlock the true potential of AI.

Industrial
9.10.24
4 min read

DareData Engineering Partner: “There’s a bubble in AI. Services are being delivered without proper expertise”

Ivo Bernardo, a partner at DareData Engineering, discusses the challenges facing the AI industry, highlighting unrealistic expectations and the need for better integration with legacy systems for sustainable success.

Industrial
9.10.24
1 min read

DareData joins Siemens Tech Day: AI and the future of Technology

Ivo Bernardo, partner at DareData, participated in Siemens Tech Day, sharing his insights on the role of AI in transforming industries and the challenges of balancing its opportunities and risks.

Telco
FMCG
7.23.24
1 min read

NOS Invests in DareData, strengthening AI innovation

NOS acquires 20% of DareData, boosting AI innovation. DareData, a rising leader, enhances global efficiency and competitiveness.

Telco
Industrial
6.27.24
1 min read

DareData presents ChutAI at Google Cloud Day

At Google Cloud Day, DareData presented ChutAI, an AI system for real-time table football analysis, showcasing AI’s potential in creating engaging, data-driven event experiences.

Telco
Industrial
5.28.24
1 min read

Chapter #3 - Airflow Meetup - Navigating the Data Mesh

DareData’s Airflow Meetup covered data decentralization, Data Mesh, and cultural shifts in data management.

Government
Industrial
5.22.24
1 min read

Data With Purpose

At the summit, DareData’s Ivo Bernardo discussed AI’s challenges, opportunities, and the role of GenAI in enhancing human capabilities.

Industrial
5.7.24
1 min read

Runbook - A DareData Tech Session Chapter #2

Second Runbook Event at DeHouse Focuses on Industrial AI

Industrial
Pharma
Utilities
4.17.24
2 min read

AI Partnership accelerates product development

DareData and Inductiva.AI join forces to create AI solutions that speed up product development and reduce costs.

Telco
Industrial
4.2.24
1 min read

Cloud Summit 2024

At Cloud Summit 2024, DareData discussed generative systems and introduced the LUPA ML Platform, highlighting advances in data and ML workflows.

Government
4.2.24
1 min read

Runbook - A DareData Tech Session Chapter #1

The event highlighted Geospatial Data Science’s potential, focusing on AI integration and global challenges, with contributions from industry experts.

Telco
Pharma
Banking
3.11.24
1 min read

DareData achieves record growth in 2023

DareData reports €3.1M revenue in 2023, marking a growth of 82%. The startup, with 40 clients, aims for €5M this year.

Industrial
1.19.24
3 min read

Opinion: AI won’t wait to optimize businesses

Rui Miguel Figueiredo discusses the advantages of AI-driven automation for businesses and emphasizes the long-term value of maintaining customer trust through personalized care and attention.

Government
Industrial
1.18.24
3 min read

Eco Trabalho interview - AI in Recruitment: benefits and challenges

In this interview, Ivo Bernardo discusses 2024 AI trends, including Generative AI’s potential, data privacy, ethical concerns, and industry impact.

Industrial
11.30.23
2 min read

AI is here to stay: Are we ready?

Ivo Bernardo discusses the transformative impact of AI on organizations and the broader society. From boosting productivity to redefining authenticity, he explores how AI is reshaping the way we work and live.

Government
5.25.23
1 min read

Open AI Alliance Event

At the event, DareData highlighted AI’s societal impact and the need for regulation to address risks like misinformation and job automation.

Government
1 min read

Executive Digest interview - Technology Yearbook

While covering Generative AI’s biggest challenges in 2024, in this interview, Ivo Bernardo focuses on the productivity boost it enables, data privacy, ethics, and key trends like chatbot integration.

See all

Let’s talk

Don’t let your business fall behind. Connect with us today and embrace the AI revolution.

Get to know us