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

CIO

ChaptGPT was announced in November 2022 and hit the world by surprise,” says Patrick Thompson, former chief information and digital transformation officer at Albemarle. But the advances in images, song generation, video, and other media tools were remarkable,” he says. “We Perhaps the best thing to hope for in 2024 is simplicity.

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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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Global Startup Funding In 2023 Clocks In At Lowest Level In 5 Years

Crunchbase News

Global startup investment in 2023 reached $285 billion — marking a 38% decline year over year, down from the $462 billion invested in 2022. The fall in tech stocks and a slowdown of the IPO market since the beginning of 2022 has tempered the industry. billion invested in 2022. The venture markets got more disciplined in 2023.

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The newsmakers who make our jobs easier — and so, so, so much harder

The Hustle

Some folks should take a vacation in 2024… Elon Musk: After renaming Twitter to X and killing the beloved blue bird, Musk somehow still found time to challenge Mark Zuckerberg to a cage fight, tell X advertisers to F off, and, oh yeah, run SpaceX and Tesla. Our crystal ball says we’ll be hearing more about this project in 2024.

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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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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.

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The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

TechCrunch

The UK’s Department of Transport reports weekday cycling rates have jumped 47% in the first half of 2022. The automaker is forming Boston Dynamics AI Institute , which aims to advance research in artificial intelligence and robotics, and will be funded with a roughly $400 million investment. billion in 2022, up from the $4.75