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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 business technology leaders in financial services are carefully navigating a path toward AI. Banks have to get ready to take the step forward.”

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Eye On AI: Microsoft Remains Infatuated With AI Startups, And It’s Not Just Inflection And OpenAI

Crunchbase News

Microsoft recently made waves when it was revealed it would lure two co-founders of generative AI startup Inflection AI away from the company, hire most of its 70-person staff, and license its technology. Things that caught our eye and other stuff: Of course, Microsoft is far from the only tech company or investing firm looking at AI.

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

TechCrunch

Reflecting the growing investor interest in HR technology startups, Fetcher , the talent acquisition platform formerly known as Scout, today closed a $27 million Series B funding round led by Tola Capital with participation from G20 Ventures, KFund, and Accomplice. The Fetcher candidate directory.

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CIOs sharpen tech strategies to support hybrid work

CIO

In its Future of Work predictions for 2023 , IDC called hybrid work “a mainstay for our global future work landscape,” adding that “hybrid work will drive new technology solutions across functions and industries alike.” So now whenever we do something in IT, like release a capability, we have these principles in mind.

Strategy 356
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ZeroFox goes public in $1.4B SPAC deal

TechCrunch

ZeroFox , an enterprise threat intelligence cybersecurity startup that helps companies detect risks found on social media , has announced plans to become a publicly traded company via a merger with blank-check company L&F Acquisition. ZeroFox acquires dark web threat intelligence company Vigilante.

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Archie aims to remove the complexity of managing freelancers

TechCrunch

As more people moved to remote work over the past few years, there was also an uptick in people choosing freelance or contract work, leaving companies to figure out how to manage that worker segment. The latest to receive funding to continue developing its financial infrastructure for the freelance economy is Archie , which raised $4.5

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Data intelligence startup Near, with 1.6B anonymized user IDs, lists on Nasdaq via SPAC at a $1B market cap; raises $100M

TechCrunch

The IPO window has all but closed for technology companies in the wake of a massive downturn in the market, but an opening still remains for some, in the form of SPACs. Near — a data intelligence company that has amassed 1.6 Near — a data intelligence company that has amassed 1.6

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