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OctoML raises $85M for it for its machine learning acceleration platform

TechCrunch

OctoML , a Seattle-based startup that helps enterprises optimize and deploy their machine learning models, today announced that it has raised an $85 million Series C round led by Tiger Global Management. ” OctoML raises $28M Series B for its machine learning acceleration platform.

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Rocket Mortgage lays foundation for generative AI success

CIO

That’s why Rocket Mortgage has been a vigorous implementor of machine learning and AI technologies — and why CIO Brian Woodring emphasizes a “human in the loop” AI strategy that will not be pinned down to any one generative AI model. The rest are on premises.

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8 open source companies from YC Demo Day Winter ’22

TechCrunch

How it says it differs from rivals: Tuva uses machine learning to further develop its technology. They’re using that experience to help digital health companies get their data ready for analytics and machine learning. After Education.com ’s exit in 2019, the two of them began working on GrowthBook. Founded: 2022.

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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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Top 9 challenges IT leaders will face in 2023

CIO

The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. But the CTO and co-founder says that scaling to meet that demand presents its own challenges, which require self-reflection.

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Register now: GenAI, risk & the future of security

CIO

Learn more about AI, security, and other pressing infosec issues at CSO’s Future of Cybersecurity Summit , a virtual event taking place June 8. Along with the promise is the peril of AI being used to cause harm by launching more efficient malware, creating sophisticated deepfakes, or by unintentionally disclosing code or trade secrets.

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

CIO

Many technology leaders already worked with AI for over a decade for things like predictive maintenance and supply chain planning. Some even implemented their own virtual personal assistants (VPAs), which included at least natural language processing—and sometimes more intelligence than that.