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Non-unicorn insurtech Luko urgently needs a buyer, but will it be Allianz?

TechCrunch

Luko's parent company, Demain ES, will be put for sale via a legal notice in the newspaper after Admiral abandoned ship. © 2023 TechCrunch. All rights reserved. For personal use only.

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Harvey, which uses AI to answer legal questions, lands cash from OpenAI

TechCrunch

Weinberg and Pereyra are roomates — Pereyra showed Weinberg OpenAI’s GPT-3 text-generating system and Weinberg realized that it could be used to improve legal workflows. “Our product provides lawyers with a natural language interface for their existing legal workflows,” Pereyra told TechCrunch in an email interview.

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Subscription economy defies economic headwinds, fuels recurring growth

CIO

This process encompasses assessing the technology’s maturity, ensuring it meets business requirements, engaging stakeholders in decision-making, defining project success criteria, establishing a governance model, and conducting thorough legal and regulatory vetting of the vendor.

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UK commits over $125 million to address AI challenges

CIO

Additionally, it has maintained its oversight role by enforcing compliance, including the issuance of enforcement notices to organizations. However, the UK government wants to build on this by further equipping them for the age of AI as use of the technology ramps up,” the statement read.

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Dispute between founders and board leaves Capiter in arrears to employees and creditors

TechCrunch

When the news broke, the axed CEO Mahmoud Nouh denied the allegations when TechCrunch reached out and said he and his brother Ahmed didn’t receive official notice of their dismissal. The Board told us they are following legal procedures to finalize whatever is going on before they pay us.

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Founders of well-funded Egyptian B2B startup Capiter fired following fraud allegations

TechCrunch

The Board and shareholders are also working closely with relevant stakeholders, legal and HR teams as well as the legal authorities for an external investigation on this matter.”. Capiter’s investors declined to comment on the matter but issued an email statement. “ Mahmoud didn’t respond to comment. .

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Germany’s ITZBund is moving federal IT into the cloud

CIO

We can act quickly and flexibly, make services available at short notice, and dismantle them just as quickly,” she says. Value proposition Serrette emphasizes that she and her team offer customers a quick path to digitalization. “We CIO, Cloud Management, Digital Transformation, IT Leadership, Multi Cloud

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