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IT leaders get creative to fill data science gaps

CIO

That is backed up by a 2021 survey by industry analysts at Forrester, which showed that, of 2,329 data and analytics decision-makers worldwide, 55% want to hire data scientists. And machine learning engineers are being hired to design and build automated predictive models. More advanced companies get that.

Data 359
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AI Chihuahua! Part I: Why Machine Learning is Dogged by Failure and Delays

d2iq

Going from a prototype to production is perilous when it comes to machine learning: most initiatives fail , and for the few models that are ever deployed, it takes many months to do so. As little as 5% of the code of production machine learning systems is the model itself. Adapted from Sculley et al.

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Predibase exits stealth with a low-code platform for building AI models

TechCrunch

“The major challenges we see today in the industry are that machine learning projects tend to have elongated time-to-value and very low access across an organization. “Given these challenges, organizations today need to choose between two flawed approaches when it comes to developing machine learning. .

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African fintech Pngme raises $15M for its financial data infrastructure platform

TechCrunch

Less than a year after its $3 million seed round, San Francisco- and Africa-based fintech Pngme has snapped up another $15 million for its financial data infrastructure play. The company is also describing itself as a machine learning-as-a-service platform. Pngme will use the investment to acquire more customers, it says.

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Data observability startup Metaplane lands investment from YC, others

TechCrunch

Observability tools to capture and analyze IT tool data aren’t new — and these days, they’re raising a respectable amount of capital. Monte Carlo , whose platform uses machine learning to infer what data looks like and assess its impact, became a unicorn last May with $135 million in funding.

Data 241
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Gretel AI raises $50M for a platform that lets engineers build and use synthetic data sets to ensure the privacy of their actual data

TechCrunch

Increasingly, conversations about big data, machine learning and artificial intelligence are going hand-in-hand with conversations about privacy and data protection. They could see that the longer-term issue would be a growing need and priority for data privacy. But humans are not meant to be mined.”

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5 hot IT budget investments — and 2 going cold

CIO

CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%). Here is a look at five hot technology investments CIOs and other IT leaders are making in 2023 and two that have grown cold.

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