Fri.Apr 19, 2024

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Generative AI gold rush drives IT spending — with payoff in question

CIO

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. Interest in AI, building since last year, will push a 10% increase in data center system spending this year, driving worldwide IT spending to $5.06 trillion, said John-David Lovelock, distinguished vice president analyst at Gartner.

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Setting Healthy Boundaries: What to Say When You Need to Say No

Let's Grow Leaders

Episode 253: In this episode of “Leadership Without Losing Your Soul,” you’re diving into the art of setting healthy boundaries and saying no at work. Imagine you’re in a sticky situation. A colleague wants you on a new project, but you’re swamped. Or maybe your boss is pushing you towards something that doesn’t align with your values.

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Web browsers: Reimagining remote work needs at the enterprise level

CIO

In the fast-paced realm of modern business, adaptation is key. As organizations transition to hybrid work models and embrace cloud-based operations, the very fabric of how we work has transformed – opening doors to more security risks. With more freelancers, contractors, and BYOD programs accessing corporate applications (like web and SaaS applications) via their own devices, oftentimes, what is overlooked is the security posture for the choice of web browsers people are using.

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Why Boutique Executive Search Firms Outperform Global Behemoth’s

N2Growth Blog

In the high-stakes arena of executive recruitment , companies often gravitate toward prominent global search firms. If you are reading this, you will likely know their names. The expectation is that their extensive networks and vast resources will deliver the world-class leadership talent they need to drive their organizations forward. However, many companies fail to recognize that the largest search firms come with a significant limitation– expansive off-limits lists that drastically reduce the

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Travelex leverages cloud-based customer data platform to boost retention

CIO

Money generated from prepaid travel cards is set to quadruple between 2022 and 2032, from $120.5 billion to $492.80 billion, according to Allied Market Research. This sharp upward trajectory is due in large part to an increase in international travel as tourist numbers slowly climb up to pre-pandemic levels. Acknowledging the potential this trend offers for a foreign exchange company like Travelex, Hans van der Waal, the company’s global IT director, is constantly looking for more strategic ways

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More Trending

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7 Practical Ways to Create a More Sustainable Organization

Let's Grow Leaders

How Small Businesses Can Do Their Part In Sustainability Today I talk with Cooper Wechkin Founder and CEO of RyeStrategy about the business case for a sustainable organization (even for small organizations). We discussed practical and important ways small businesses can do their part toward a more sustainable future. “Hi Karin, I know it’s Earth Month, and I really should be thinking about sustainability but it can all feel overwhelming.

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How to use the new minimal API features in ASP.NET Core 8

InfoWorld

ASP.NET Core offers a simplified hosting model, called minimal APIs, that allows us to build lightweight APIs with minimal dependencies. Ideal for building fast and simple services, minimal APIs were initially introduced in ASP.NET Core 6 to strip away the complexity of traditional APIs and make it easier to build microservices. The goal of this post is to explore the new features for building minimal APIs introduced in ASP.NET Core 8.

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Visualize and prioritize risks with Lacework Explorer

Lacework

Lacework Explorer is a tool that puts you in the center of your cloud footprint’s backyard. It visualizes risk entities across your cloud environment and shows how each is related to one another. In this way, Lacework Explorer gives security teams the ability to assess how threats can move laterally among risks, prioritize remediation, and take the necessary steps to quickly improve their security posture.

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Cybersecurity Snapshot: Cyber Agencies Offer Secure AI Tips, while Stanford Issues In-Depth AI Trends Analysis, Including of AI Security

Tenable

Check out recommendations for securing AI systems from the Five Eyes cybersecurity agencies. Plus, Stanford University offers a comprehensive review of AI trends. Meanwhile, a new open-source tool aims to simplify SBOM usage. And don’t miss the latest CIS Benchmarks updates. And much more! Dive into six things that are top of mind for the week ending April 19. 1 - Multinational cyber agencies issue best practices for secure AI deployment Looking for best practices on how to securely deploy artif

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Top 5 Challenges in Designing a Data Warehouse for Multi-Tenant Analytics

Multi-tenant architecture allows software vendors to realize tremendous efficiencies by maintaining a single application stack instead of separate database instances while meeting data privacy needs. When you use a data warehouse to power your multi-tenant analytics, the proper approach is vital. Multi-tenant analytics is NOT the primary use case with traditional data warehouses, causing data security challenges.

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Artificial Intelligence 2024: Smarter But More Expensive

Ooda Loop

After a year of fast and furious development of generative AI, the industry is at a crossroads. The technology is poised to deliver unprecedented productivity growth but may be hamstrung by limits to the technology as well as guardrails for its usage.

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Should You Quit Your “Meh” Job? Or Is It Salvageable?

Harvard Business Review

Bad days at work are inevitable, just as some degree of frustration and ennui is bound to be a part of almost any job. In this article, the author shares advice from two experts on what to do if you’re stuck in the gray area of deciding whether your job is merely mediocre (and could potentially improve) or downright soul-crushing (and might require a change).

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Robots can make jobs less meaningful for human colleagues

Ooda Loop

Much has been (and will continue to be) written about automation’s impact on the jobs market. In the short-term, many employers have complained of an inability to fill roles and retain workers, further accelerating robotic adoption.

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The 3-Stage Process That Makes Universities Prime Innovators

Harvard Business Review

While calls for cross-sector collaborations to tackle complex societal issues abound, in practice, only few succeed. Those that do often have a collaboration intermediary, which can bring together different actors, develop relationships among collaborators, and create an ecosystem to support ideas over time. With their strengths in knowledge creation and their role as community anchors, universities are ideally equipped to create and orchestrate support for the kind of innovation that the sustai

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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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Microsoft’s new VASA-1 AI framework generates super-realistic talking heads that can even sing songs

Ooda Loop

Microsoft Corp. has published a research paper that introduces a new kind of artificial intelligence framework that makes it possible to upload a still photo, add a voice sample and create a super-realistic talking head that looks and sounds like the real person.

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The Week’s 10 Biggest Funding Rounds: Metsera And Rivos Headline A Slow Week

Crunchbase News

Want to keep track of the largest startup funding deals in 2024 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board. This is a weekly feature that runs down the week’s top 10 announced funding rounds in the U.S. Check out last week’s biggest funding rounds here. This week there was a slowdown in big rounds raised by U.S. startups.

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Meta steps up AI battle with OpenAI and Google with release of Llama 3

Ooda Loop

Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users type prompts, as it races to catch up to generative AI market leader OpenAI.

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Cannabis Funding Is Still Way Down From Its Highs

Crunchbase News

The reggae classic “ Smoke Two Joints” advises us to light up in the morning, afternoon and night to feel all right. Cannabis startup investors could add another reason: It’s better than thinking about your portfolio performance. While many sectors have seen less investment recently , the declines in cannabis dealmaking started earlier and have been particularly steep.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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Mistral in talks to raise €500mn at €5bn valuation

Ooda Loop

French artificial intelligence start-up Mistral is in talks to raise €500mn in a deal that would more than double its valuation to at least €5bn, following proposals from multiple investors seeking to invest in the one-year-old company.

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Cloud cost management is not working

InfoWorld

Asia/Pacific companies are struggling with wasteful cloud spending, according to a commissioned study conducted by Forrester Consulting. The study found that cloud cost management initiatives and tools are being introduced too late and without a full picture of their environment to be very effective. The study, paid for by IPaaS provider Boomi, found that 87% had exceeded their set cloud budgets over the past two years and that 69% foresee exceeding their cloud budgets during the current fiscal

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First Major Attempts to Regulate AI Face Headwinds From All Sides

Ooda Loop

Lawmakers in several states are advocating for legislation to address bias in artificial intelligence (AI) decision-making, despite facing opposition from both civil rights-oriented groups and the industry. These bills aim to promote transparency and accountability in AI systems, particularly regarding discrimination.

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Java proposal would streamline module package imports

InfoWorld

Java would be enhanced with the ability to succinctly import all packages exported by a module, under a proposal floating in the Java community. The plan would simplify the use of modular libraries in Java. The preview language feature for Java SE (Standard Edition), called Module Import Declarations , has been filed as a JDK Enhancement Proposal (JEP) in the OpenJDK community.

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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US Government Releases Guidance on Securing Election Infrastructure

Ooda Loop

The US government, through CISA, the FBI, and ODNI, has issued new guidance to bolster the resilience of election infrastructure against malign influence operations from state-sponsored threat actors like China, Russia, and Iran.

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AWS Snowmobile drives into the sunset

InfoWorld

Amazon Web Services (AWS) has slowly and silently phased out its Snowmobile service—an offering launched at its annual AWS re:Invent conference in 2016 to help enterprises move data from their on-premises servers to the cloud provider’s data centers to accelerate their migration to the public cloud. The Snowmobile service , essentially an eighteen-wheel truck and trailer or “big rig” with 100 petabyte data storage and network connectivity, was commissioned by AWS then-CEO Andy Jassy (now CEO of

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Frontier Communications Shuts Down Systems Following Cyberattack

Ooda Loop

Frontier Communications disclosed to the Securities and Exchange Commission (SEC) that it experienced a cyberattack on April 14, leading to the shutdown of certain systems after a third-party gained unauthorized access to portions of its information technology environment.

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The Role of AI in Securing Software and Data Supply Chains

DevOps.com

Expect attacks on the open source software supply chain to accelerate, with attackers automating attacks in common open source software projects and package managers.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Akira Ransomware Made Over $42 Million in One Year: Agencies

Ooda Loop

Since early 2023, Akira ransomware has victimized over 250 organizations globally, collecting over $42 million in ransom payments, as per CISA, the FBI, Europol, and NCSC-NL.

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Why and How to Switch to Design Thinking Leadership Model

CTO Academy

Constantly evolving user needs and expectations are challenging traditional leadership styles. That’s why technology leaders are switching to a design thinking model which is, basically, a human-centred approach to problem-solving. Design thinking focuses on understanding user needs and experiences to create innovative solutions. Such products and services resonate with their target audience.

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Tim Cook’s Southeast Asia Tour and His Meeting with Lawrence Wong in Singapore Validates Apple’s Expansion Strategy

CEO Insider

Scheduled to meet with Lawrence Wong, Singapore’s incoming Prime Minister, and his predecessor, Lee Hsien Loong, Cook’s visit to Singapore marks the finale of an extensive tour across the region. Throughout his journey from Hanoi to Jakarta, Cook has emphasized Southeast Asia’s significance as a burgeoning market and an emerging manufacturing stronghold.

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