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TechCrunch+ roundup: Big Data’s cloud backlash, CVC pitch tips, de-risking hardware startups

TechCrunch

For most of the Information Age, companies that wanted to scale invested in server farms and hired teams to keep them running. Soon after, when I worked at a publicly traded company, our on-prem data center was resilient enough to operate through a moderate earthquake.

Hardware 215
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TechCrunch+ roundup: Find your valuation, international visas, hiring for growth

TechCrunch

Companies in other industries are on a hiring spree, but startups like Robinhood, Better.com and Peloton are laying off thousands as FAANG companies slow down their recruiting and look for places to save money. Image Credits: Eoneren (opens in a new window) / Getty Images. Pitch Deck Teardown: Dutch’s $20M Series A deck.

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Daily Crunch: Citing ‘unscrupulous actors’ and market trends, Coinbase CEO lays off 950 workers 

TechCrunch

German-based biotech company BioNTech — one of the big manufacturers of COVID-19 vaccines, among other things — is set to acquire InstaDeep , a Tunis-born and U.K.-based Like tea, but functional : A brand-new “functional” tea brand, the Ryl Company, is steeped in cash with $6.7 Know how we know? Ivan has more.

Trends 219
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TechCrunch+ roundup: Plaid’s staffing story, RevOps for B2B sales, demo day’s demise

TechCrunch

But when a company enters its growth phase, the recruiting process is systematized, new hires are sorted into discrete units, and a thin layer of management is applied to keep everything on track. Image Credits: Martin Harvey (opens in a new window) / Getty Images. Image Credits: South_agency (opens in a new window) / Getty Images.

B2B 226
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7 cloud market trends and how they will impact IT

CIO

Most recently the company launched gen AI-based services aimed at healthcare and life science organizations. AWS also builds its own low-cost AI chips ( Inferentia and Trainium ) in limited volumes; the company is using the chips internally to power its gen AI capabilities, and it is making the chips available to customers.

Trends 362
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Rackspace’s Brian Lillie on the importance of leadership principles

CIO

We had three employees, 50 contractors from five different companies, and no credibility.” He had a little window on his computer that showed cars driving by,” says Lillie. “He He said that if we put a sensor in every cage at Equinix, we could offer an extremely cost-effective video monitoring solution to our data center customers.

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Chipotle’s recipe for digital transformation: Cloud plus AI

CIO

based company is piloting a system with a robotic arm dubbed “Chippy” that prepares the fast-casual chain’s famed fried salt-and-lime chips homemade every day without human labor, with the aim of tailoring output to the daily needs of each restaurant. Seven years later, the Newport Beach, Calif.-based

Cloud 363