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In the corner office, fear of GenAI risk outweighs the lure of its promise

CIO

And it’s not because tech teams are not undertaking their best efforts to avoid them, but rather because the tech debt is piling up in every industry, manifesting in increasing complexity and widespread fragility. And while incident management was never for the faint of heart, CIOs, and CTOs are actually losing sleep en masse.

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From cloud computing to proptech: Digital Ocean co-founders raise $29M for Welcome Homes

TechCrunch

The trio had left Digital Ocean, a cloud infrastructure services provider, before the company went public in 2021 and concluded that homebuilding was not that dissimilar from their previous venture. She believes the startup can help alleviate the United States’ chronic undersupply of single-family housing.

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Advanced RAG patterns on Amazon SageMaker

AWS Machine Learning - AI

This post discusses RAG patterns to improve response accuracy using LangChain and tools such as the parent document retriever in addition to techniques like contextual compression in order to enable developers to improve existing generative AI applications. We use an ml.t3.medium This identity is called the AWS account root user.

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Udacity raises $75M in debt, says its tech education business is profitable after enterprise pivot

TechCrunch

And today, one of the early pioneers of the medium is announcing some funding as it tips into profitability on the back of a pivot to enterprise services, targeting businesses and governments that are looking to upskill workers to give them tech expertise more relevant to modern demands.

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Cruise Origin rolls into Austin, WeRide makes its IPO move and TuSimple stirs up more drama

TechCrunch

You also can send a direct message to @kirstenkorosec Reminder that you can drop us a note at tips@techcrunch.com. If you prefer to remain anonymous , click here to contact us , which includes SecureDrop ( instructions here ) and various encrypted messaging apps. Want to reach out with a tip, comment or complaint?

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Build financial search applications using the Amazon Bedrock Cohere multilingual embedding model

AWS Machine Learning - AI

For example, in the financial services industry, applications include extracting insights from earnings reports, searching for information from financial statements, and analyzing sentiment about stocks and markets found in financial news. We use SageMaker this time: query = "Are companies ready for the next down market?"

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Klim harvests $6.6M seed to get more farmers growing greener

TechCrunch

Ecosystem services marketplace. Buyers of farmers’ “ecosystem services” might be food companies or other entities looking to green their supply chain, as emissions reporting requirements step up. “We position the farmer in public with the consumer as a climate hero,” Gerlach tells TechCrunch.