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AI & the enterprise: protect your data, protect your enterprise value

CIO

In 2018, I wrote an article asking, “Will your company be valued by its price-to-data ratio?” Maintaining a clear audit trail is essential when data flows through multiple systems, is processed by various groups, and undergoes numerous transformations. The company later estimated losses of $100 million due to the attack.

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With $20M A round, Promise brings financial flexibility to outdated government and utility payment systems

TechCrunch

The last year has been one of financial hardship for billions, and among the specific hardships is the elementary one of paying for utilities, taxes and other government fees — the systems for which are rarely set up for easy or flexible payment. “These systems do not recognize that most people are struggling with their basic needs. .

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Agentic AI design: An architectural case study

CIO

Just a few short years ago, models like GPT-1 (2018) and GPT-2 (2019) barely registered a blip on anyone’s tech radar. Agentic AI is the next leap forward beyond traditional AI to systems that are capable of handling complex, multi-step activities utilizing components called agents. In 2024, a new trend called agentic AI emerged.

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Celonis sues SAP for anti-competitive data access practices

CIO

At issue is how third-party software is allowed access to data within SAP systems. Celonis accuses SAP of abusing its control over its own ERP system to exclude process mining competitors and other third-party providers from the SAP ecosystem. We are currently reviewing the lawsuit filed, a spokesperson from SAP said.

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Vyrill, winner of the TC Early Stage Pitch-Off, helps brands discover and leverage user-generated video reviews

TechCrunch

Vyrill helps brands discover and leverage video reviews created by authentic customers and users. In addition, with Vyrill’s system, L’Oréal can dig down and identify user-generated content specific to a particular product. million pre-seed round in 2018. million pre-seed round in 2018. million already raised.

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Remembering the startups we lost in 2020

TechCrunch

Atrium, a 100-person legal tech startup founded by Justin Kan, shut down in March after failing to find an efficient way to replace the arduous systems of law firms. Ultimately, Atrium’s failure shows how difficult and unprofitable it could be to disrupt a traditional and complicated system. Quibi (2018-2020). Total Raised: $15.1

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John Deere buys autonomous tractor startup Bear Flag Robotics

TechCrunch

They first crossed our radar the following year, as a member of YC’s Winter 2018 cohort. “We Agricultural is one of several robotics categories that have seen a spike in interest in the past year, due to labor shortages that predate but were exacerbated by the global pandemic. They’re struggling to fill seats on tractors. .”