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IT leaders explore footing amid shifting needs and the AI power struggle

CIO

During COVID-19 lockdowns, for example, specialty chemicals manufacturer Albemarle developed a VPA to provide self-service assistance to over 7,000 employees at home, including a natural language interface with a chat bot, and enough AI to help people interface seamlessly with several business applications at a time.

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By enabling “ask and expert” capabilities, generative AI like Microsoft Copilot will transform manufacturing

CIO

The tool enables businesses to extract intelligence from across a diversity of different data sources using large language models (LLMs – a type of generative AI capable of producing human-like text). Much of this data is siloed, which makes it difficult to use in large language models.

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The Week’s 10 Biggest Funding Rounds: Scale AI’s Massive $1B Deal Leads Slower 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 Scale AI , $1B, artificial intelligence: This week was like many — one topped with a big AI round. Founded in 2022, this is the company’s first announced raise, per Crunchbase.

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AltexSoft Ranks 170th in Inc. Regionals Pacific for 2024

Altexsoft

Atlanta, GA – February 27, 2024 – AltexSoft, a Technology Consulting company, lands in 2024 Inc. Regionals 2024. In 2021 and 2022, AltexSoft also appeared in the Regionals California list at 171 with 94 percent growth and in the Regionals Pacific list at 90 with 158 percent growth, respectively. 170 on the 2024 Inc.

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From SVB And SBF To AI And IPOs, There Was A Lot Of Action (And Acronyms) In 2023

Crunchbase News

After a rough 2022 , many people in venture were hoping 2023 would offer a reprieve. In total, the seven charges could bring a 115-year prison term, although legal experts have said Bankman-Fried, who has a sentencing hearing slated for March 2024, is unlikely to receive a sentence that long. That, of course, was just the beginning.

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The Week’s 10 Biggest Funding Rounds: Lambda Leads Massive Week For Megadeals

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 That may not have happened since the early part of 2022 — if then. Lambda , $320M, artificial intelligence: In a big week, this was the biggest round. based companies? based startups.

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Cybersecurity Snapshot: Critical Infrastructure Orgs Must Beware of China-backed Volt Typhoon, Cyber Agencies Warn

Tenable

The dip in 2022 was “an anomaly, not a trend,” which Chainalysis attributes to one-time factors such as many ransomware gangs’ decision to shift their activities to the Russia-Ukraine war; and the FBI’s timely provision of decryption keys to Hive ransomware victims.