Picture it: You are the owner of a growing digital purveyor of premium baked goods. You see that your chocolate chip, macadamia nut cookies with a hint of coconut are going gangbusters whereas sales for peanut butter cookies are declining. This is bad for margins because the peanut butter cookies cost less to produce than the chocolate chip, macadamia nut, coconut cookies. You decide to offer a special coupon for your loyalty customers to grow the peanut butter cookie sales.

Organizations across all industries are racing to understand large language models (LLMs) and how to incorporate the generative artificial intelligence (AI) capabilities provided by LLMs into their business activities. Thanks to LLMs’ broad utility in classifying, editing, summarizing, answering questions, and drafting new content, among other tasks they are being embedded into existing processes and used to create new applications and services.

It’s no surprise that cloud spending is rapidly increasing, so it’s also no surprise that controlling those rapidly increasing cloud costs is a top priority for business, technology, and data leaders. According to Gartner, the use of public cloud computing has increased IT spending for most organizations (54%) over the last three years, with only 29% reporting that the cloud decreased IT spending.

Today we're excited to officially launch AI Explain on ThoughtSpot for Sheets, the ultimate cheat code for data literacy and exploration. AI Explain integrates Google's PaLM 2 LLM, specifically leveraging the Bison model to automatically generate the top data stories for any visualization created with our Sheets extension.

At ThoughtSpot, we believe making data accessible to every knowledge worker requires human-centered technology—an analytics experience that bridges the “language” barrier between technology and people. AI is the perfect compliment to search because it empowers organizations to analyze, understand, and act on data.