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CIOs in financial services embrace gen AI — but with caution

CIO

Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). So over the last several months, we’ve been taking a disciplined and educated understanding of large language models and generative AI.

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Industrial automation startup Bright Machines hauls in $435M by going public via SPAC

TechCrunch

The Bright Machines news indicates that the great SPAC chill was not a deep freeze. And the transaction itself, in conjunction with the previously announced Desktop Metal blank-check deal, implies that there is space in the market for hardware startup liquidity via SPACs. Bright Machines wants to change that.

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Knowing & Building RAG Systems

Sunflower Lab

RAG or Retrieval Augmented Generation is the technology which ensures that LLM models can base their outputs upon reliable sources from the internet (which is an open source) or a set of documents or internal data (which is closed source). LLM responds back. The LLM returns the generated response to the chat application.

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Making Marketing More Effective with AI

O'Reilly Media - Ideas

Marketing teams have been using machine learning for more than a decade. But editing a draft is much easier and faster for a human than starting with a blank page. In the early days of Big Data, it was common to hear people say that marketing was Data’s killer app.

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Fetcher raises $27M to automate aspects of job candidate sourcing

TechCrunch

Fetcher was co-launched in 2014 by Blank, Chris Calmeyn, Javier Castiarena, and Santi Aimetta as a professional networking app called Caliber. When asked about it, Blank asserted that the platform’s automation technologies allow for “a more diverse group of prospects” to push through the hiring funnel.

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Making Life Easier Through Machine Learning

Robots and Pencils

You’re only as smart as what you’re taught The first thing we need to do with machine learning is to train our model. Training a model involves giving the computer examples of what might happen in real life, telling it what the actual answer is, and then allowing the computer to be smarter when it gets an example in the future.

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Vetted lands $15M for AI that helps shoppers find top products and deals

TechCrunch

The cash infusion comes as part of a Series A led by Insight Partners, with participation from Index Ventures, Bling Capital, Golden Ventures and angels including former Meta VP of commerce Shiva Rajaraman, and founder and CEO Stuart Kearney tells TechCrunch that it’ll be invested in scaling Vetted’s machine learning technologies.