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TechCrunch+ roundup: Technical due diligence, web3’s promise, how to hire well

TechCrunch

So far, web3 has not paid off on the Promise of the Premise : open source software that runs live on the blockchain. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. 8 questions to answer before your startup faces technical due diligence. “It’s still much easier to develop a Web 2.0

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This week in AI: Amazon ‘enhances’ reviews with AI while Snap’s goes rogue

TechCrunch

This week in AI, Amazon announced that it’ll begin tapping generative AI to “enhance” product reviews. Once it rolls out, the feature will provide a short paragraph of text on the product detail page that highlights the product capabilities and customer sentiment mentioned across the reviews. Could AI summarize those?

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Google expands program to help train the formerly incarcerated

TechCrunch

Last April, Google launched Grow with Google Career Readiness for Reentry, a program created in partnership with nonprofits to offer job readiness and digital skills training for formerly incarcerated individuals. ” Meanwhile, Google.org, Google’s charitable arm, will provide $4.25

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Generative AI: the Shortcut to Digital Modernisation

CIO

A recent McKinsey study estimated that automation integrated with Generative AI could accelerate 29.5 Generative AI can help businesses achieve faster development in two main areas: low/no-code application development and mainframe modernisation. percent of the working hours in the US economy.

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Don’t gamble with your identity verification practices

CIO

Earlier this year, I wrote about the importance of organizations reviewing their password management strategies. According to a Reuters report, these ransomware bandits also breached the systems of several other companies operating in manufacturing, retail, and technology. Déjà vu can suck sometimes.

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What is NLP? Natural language processing explained

CIO

Natural language processing definition Natural language processing (NLP) is the branch of artificial intelligence (AI) that deals with training computers to understand, process, and generate language. While the term originally referred to a system’s ability to read, it’s since become a colloquialism for all computational linguistics.

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Lilt raises $55M to bolster its business-focused AI translation platform

TechCrunch

Lilt , a provider of AI-powered business translation software, today announced that it raised $55 million in a Series C round led by Four Rivers, joined by new investors Sorenson Capital, CLEAR Ventures and Wipro Ventures. “This new funding will … [reduce our] unit economics [to make] translation more affordable for all businesses.