Sat.Aug 27, 2022

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More venture funds are betting on Central and Eastern Europe

TechCrunch

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Central and Eastern Europe have had less venture capital at their disposal than their GDP or population could warrant. But with new funds lured in by their startups’ talent pool, global mindset, and capital efficiency, this could be starting to change.

Marketing 243
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OpenText to Create Software Powerhouse – Acquires Micro Focus for $6B

DevOps.com

OpenText this week announced it will acquire Micro Focus for $6 billion. The acquisition is part of an effort to reinvigorate a broad portfolio of information management, application development and testing, integration and cybersecurity platforms by accelerating the rate at which they are transitioned to OpenText’s managed private cloud. The acquisition is expected to close […].

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Investment clubs are cool again, and maybe community is, too

TechCrunch

The bets are no longer just on Wall Street — they’re in your group chats, book clubs and that awkward shuffle that happens when everyone’s trying to get out of the door at the same time at the end of class. Community investment clubs are nothing new, but a renewed interest in decentralization and the glittering — albeit now hungover — allure of getting in at the ground level of a rocket-ship venture has created a new wave of efforts around group investing.

Retail 235
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Digital Banking App Development: All You Need to Know

KitelyTech

Digital banking solutions are now an essential part of any business. The world has become a digital place, and everyone is tech-savvy to some degree. The way people interact with brands is changing, and customers demand access to services via mobile apps instead of traditional websites. Users want faster responses and seamless experiences that they can get from their mobile devices by interacting with brands via apps.

Banking 52
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Would you like Fries with that?

The Programmer's Paradox

I often run into software developers who have very poor relationships with their users. I’m sure there are a few users-from-hell out there, but often the users are okay, and still, the relationship is quite bad. That’s unfortunate and unnecessary, and it just contributes to stress on both sides. Mostly, it can be avoided. The first part of fixing the relationship is acceptance.

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AI in Drug Discovery and Repurposing: Benefits, Approaches, and Use Cases

Altexsoft

According to McKesson, a company with a two-hundred-year history delivering a third of all drugs across North America, you need around six months to start a pharmacy and another seven to nine months to see any revenue. If this seems too long and complex, just make a comparison with a drug development process. It takes at least ten years and $2.6 billion to get a new medicine to the market.