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IBM Survey Surfaces Multiple Software Engineering Challenges in the AI Era

DevOps.com

A survey of 1,063 developers published today finds nearly all (99%) are using coding tools infused with artificial intelligence (AI) capabilities, but a third (33%) have since identified a lack of a standardized AI development processes and the lack of an ethical and trusted AI lifecycle that ensures transparency and traceability of data as the […] (..)

Survey 85
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Microsoft acquires Fungible, a maker of data processing units, to bolster Azure

TechCrunch

Fungible was launched in 2016 by Bertrand Serlet, a former Apple software engineer who sold a cloud storage startup, Upthere, to Western Digital in 2017, alongside Krishna Yarlagadda and Jupiter Networks co-founder Pradeep Sindhu.

Azure 282
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Dragos raises $110M Series C as demand to secure industrial systems soars

TechCrunch

Dragos was founded in 2016 to detect and respond to threats facing industrial control systems (ICS), the devices critical to the continued operations of power plants, water and energy supplies, and other critical infrastructure. About one-third of the company’s employees work in software engineering to build its threat platform.

Industry 305
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Ex-Uber software engineers raise $3M for Sperta, a 6-month-old startup that wants to help fintechs better manage fraud risk

TechCrunch

When Fang joined Uber’s risk team in 2016, there was a need to use Mastermind at dispatch time — when drivers and riders are matched. “While it was originally built for fraud, it came to be used for other cases such as safety and customer support also,” Diao said. “It It was making 10,000 decisions per second by the time I left.”.

Fintech 204
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Longtime investor and operator Adam Nash says he just launched a new fintech startup

TechCrunch

All we really know at this point is that he co-founded the company with Alejandro Crosa, an Argentinian software engineer who most recently spent five months at Slack but logged more than three years at both Twitter and LinkedIn before that. But Nash didn’t disappear from the scene.

Fintech 262
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UI-licious gets $1.5M led by Monk’s Hill Ventures to simplify automated UI testing for web apps

TechCrunch

Founded in 2016 by Shi Ling Tai and Eugene Cheah, UI-licious serves companies of all sizes, and its current clients include Daimler, Jones Lang LaSalle and tech recruitment platform Glints. .” UI-licious , a Singapore-based startup that simplifies automated user interface testing for web applications, announced today it has raised $1.5

Testing 251
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Routefusion raises $10.5M round to simplify cross-border payments

TechCrunch

Routefusion co-founders Colton Seal and Richard Scappaticci attempted to launch a neobank in 2016 , but they ran into significant hurdles when trying to integrate with banks to help their customers move money to other countries.

Banking 243