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Layoffs, AI demand create mismatched talent market for IT skills

CIO

Ongoing layoffs in the tech industry and rising demand for AI skills are contributing to a growing mismatch in the IT talent market, which continues to show mixed signals as economic factors and the rise of AI impact budgets and the long-term outlook for IT skills.

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5 Things To Look For When Evaluating AI Startups

Crunchbase News

By Bob Ma According to a report by McKinsey , generative AI could have an economic impact of $2.6 Bob Ma of Copec Wind Ventures AI’s eye-popping potential has given rise to numerous enterprise generative AI startups focused on applying large language model technology to the enterprise context.

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Gen AI graduates to operations in higher ed

CIO

Since the AI chatbots 2022 debut, CIOs at the nearly 4,000 US institutions of higher education have had their hands full charting strategy and practices for the use of generative AI among students and professors, according to research by the National Center for Education Statistics. ChatGPT-written term papers?

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Generative AI is building the foundation of proptech’s next wave

TechCrunch

Kunal Lunawat Contributor Share on Twitter Kunal Lunawat is co-founder and managing partner of Agya Ventures , a venture capital firm focused on real estate tech, blockchain, AI and sustainability. AI’s emergence will cut through material use cases in proptech, from search and listings to mortgages, construction and sustainability.

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Banks bet on AI to deliver digital efficiencies

CIO

The Global Banking Benchmark Study 2024 , which surveyed more than 1,000 executives from the banking sector worldwide, found that almost a third (32%) of banks’ budgets for customer experience transformation is now spent on AI, machine learning, and generative AI.

Banking 212
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Top 7 generative AI use cases for business

CIO

The launch of ChatGPT in November 2022 set off a generative AI gold rush, with companies scrambling to adopt the technology and demonstrate innovation. They have a couple of use cases that they’re pushing heavily on, but they are building up this portfolio of traditional machine learning and ‘predictive’ AI use cases as well.”

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VCs continue to pour dollars into generative AI

TechCrunch

The appetite for generative AIAI that turns text prompts into images, essays, poems, videos and more — is insatiable. According to a PitchBook report released this month, VCs have steadily increased their positions in generative AI, from $408 million in 2018 to $4.8 billion in 2022. billion in 2022.