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5 tips for better business value from gen AI

CIO

Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits. A second area is improving data quality and integrating systems for marketing departments, then tracking how these changes impact marketing metrics.

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Have we reached the end of ‘too expensive’ for enterprise software?

CIO

What began with chatbots and simple automation tools is developing into something far more powerful AI systems that are deeply integrated into software architectures and influence everything from backend processes to user interfaces. While useful, these tools offer diminishing value due to a lack of innovation or differentiation.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

Boston Consulting Group (BCG) partner Chris Meier reported in the March 22 Issue of Nature Reviews Drug Discovery that 24 “AI native” drug discovery companies have a combined 160 disclosed discovery programs. Y Combinator has been a net positive force in driving innovative experimentation at the early stages of company development.

Biotech 242
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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

We sell to mass market Africans via a high innovative RTM cold chain which uses predictive data to push fish to thousands of market ladies every day all across Kenya with less than 1% spoilage.”. Victory Farms claims to have one of the highest margin structures in the fishing industry globally due to its technology.

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Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

Latch, an enterprise SaaS company that makes keyless-entry systems, has raised $152 million in private capital, according to Crunchbase. Sunlight Financial, which offers point-of-sale financing for residential solar systems, has raised north of $700 million in venture capital, private equity and debt. Let’s find out.

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How companies are innovating in the energy sector

Hacker Earth Developers Blog

Through innovative solutions that spawn from a broad spectrum of expertise and collaboration…. The energy sector has undergone significant transformation from the 1970s due to amazing economic growth, population growth, increased productivity, new technologies, and environmental goals. Overview of the sector.

Energy 174
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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

He teamed up with John Dada two years later to build Curacel, a fraud detection system for health companies at the time. Quick thoughts : Innovation in Africa’s B2B e-commerce and retail space has been around the digitization of processes and BNPL services, but not much around cash overdependence and fraud.

.Net 228