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AI in the C-suite: Using AI to shape business strategy

CIO

“The critical element lies in automating these steps, enabling rapid, self-learning iterations that propel continued improvement and innovation.” However, research demonstrates that more executives, like Schumacher, recognize the connection between AI and business innovation. Most AI hype has focused on large language models (LLMs).

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Jim Keller-Led Tenstorrent Raises Another $700M For AI Chips At $2B+ Valuation

Crunchbase News

Santa Clara, California-based Tenstorrent was founded in 2016 and the company has since raised more than $1 billion, per Crunchbase. Keller, one of the most acclaimed engineers in the semiconductor industry, joined the company in 2021 as president and chief technology officer, and was named CEO in early 2023.

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Black Innovation Alliance, Village Capital team up to support founders of color

TechCrunch

Black Innovation Alliance and Village Capital today announced Resource, a national initiative aimed at boosting the efforts of entrepreneur support organizations (ESOs) led by, and focused on, founders of color. The motivation behind the project is straightforward. Disclosure: Verizon is TechCrunch’s parent company).

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How to incubate a winning innovation program

CIO

When leaders consider how technology has enabled the transformation of business models over the past several years, few would disagree that the world has changed dramatically. Tesla, Uber, and many other stories of business innovation have this in common: Their business models have technology at their cores.

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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

Today, Microsoft confirmed the acquisition but not the purchase price, saying that it plans to use Fungible’s tech and team to deliver “multiple DPU solutions, network innovation and hardware systems advancements.” ” The Fungible team will join Microsoft’s data center infrastructure engineering teams, Bablani said.

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Remembering the startups we lost in 2020

TechCrunch

Sure, Essential was entering a mature and oversaturated market, but the Playground-backed startup was doing so with $330 million in funding, a team of top industry executives and some genuinely innovative ideas. HubHaus (2016-2020). The Outline (2016-2020). Total Raised: $11.4 Image Credits: HubHaus. Total Raised: $10.2

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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

Jake Jolis is a partner at Matrix Partners and invests in seed and Series A technology companies including marketplaces and software. We believed then, as we do now, that fintech represents one of the most exciting major innovation cycles of this decade. Fintech Index, 2016 -2020 Image Credits: CapiQ, Yahoo Finance. Jake Jolis.

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