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10 AI strategy questions every CIO must answer

CIO

The 2024 Enterprise AI Readiness Radar report from Infosys , a digital services and consulting firm, found that only 2% of companies were fully prepared to implement AI at scale and that, despite the hype , AI is three to five years away from becoming a reality for most firms. What are we trying to accomplish, and is AI truly a fit?

Strategy 211
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The rise of the chief transformation officer

CIO

Yet unlike his peers, Wiedenbeck’s dual roles — the top technology executive as well as the transformation lead at Ameritas — are often at odds. As chief technology officer, Wiedenbeck is driving automation and IT modernization to reduce complexity and technical debt.

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Australia’s IT leadership moves 2022

CIO

Here’s an update on the moves of Australian IT leaders starting from June 2022. In a LinkedIn post , Hildyard said that after five years in both CTO and CIO roles “it’s time for me to refresh and take on a new challenge”. Prior to BankVic, Kuret was head of technology with Equipsuper for more than two years.

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Jakarta-based investment app Pluang raises $55M led by Accel

TechCrunch

The app is also launching a new features that will users to invest in fractional U.S. Southeast Asian startups to watch in 2022. Investments can start as low as IDR 10,000 (or less than $1 USD) in gold, indexes, mutual funds and crypto assets. Bibit raises another growth round led by Sequoia Capital India, this time for $65M.

CTO Coach 213
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John Carmack’s AGI startup raises $20M from Sequoia, Nat Friedman, Patrick Collison and others

TechCrunch

John Carmack, the game developer who co-founded id Software and served as Oculus’s CTO, is working on a new venture — and has already attracted capital from some big names. — John Carmack (@ID_AA_Carmack) August 19, 2022. Thrilled to be leading this round and supporting him in building Keen Technologies!

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Landa can make you a landlord for just $5

TechCrunch

So it’s no surprise that in recent years, a flurry of startups have emerged that aim to give more people access to real estate ownership in the form of fractional shares. CEO Yishai Cohen and CTO Amit Assaraf started Landa in 2020 in an effort to make real estate ownership more inclusive. 83North and NFX co-led its seed round.

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8 open source companies from YC Demo Day Winter ’22

TechCrunch

Wicked fast VPNs, data organization tools, auto-generated videos to spice up your company’s Instagram stories … Y Combinator’s Winter 2022 open source founders have some interesting ideas up their sleeves. Here are all of the open source related companies presenting at Demo Day in the Winter 2022 cohort. Founded: 2022.