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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. What is driving tech layoffs?

Marketing 195
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Startup Funding Regained Its Footing In 2024 As AI Became The Star Of The Show

Crunchbase News

Global venture funding in 2024 edged above 2023s totals, with AI showing the biggest leap in amounts year to year. Overall startup funding in 2024 reached close to $314 billion compared to $304 billion in 2023 up around 3%, based on an analysis of Crunchbase data. In 2024, $58.3 billion in 2023 Crunchbase data shows.

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Cloud infrastructure spending more than doubles in the third quarter of 2024

CIO

year-over-year increase in the third quarter of 2024. Shared cloud led the way Shared cloud infrastructure, representing the bulk of the market, grew 136.5% billion in Q3 2024, accounting for a commanding 62.4% Year-end and future projections For 2024, IDC projects a 74.3% The spending reached a staggering $57.3

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CAIOs are stepping out from the CIO’s shadow

CIO

Then in 2024, the White House published a mandate for government agencies to appoint a CAIO. In a corporate environment, centralizing, organizing, and governing the needs of artificial intelligence, as well as the way to address them, is key, he says. One thing is to guarantee the quality and governance of data.

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Led By A16Z, Active Investors Upped Their Game In 2024

Crunchbase News

Thanks to venture capitalists appetite for artificial intelligence deals, startups saw a measurable pickup in funding last year. It appears 2024 was no exception. Notably, all but two of the most-active investors listed above took part in more deals in 2024 than in 2023. The Silicon Valley firm, a U.S.-centric

Games 127
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Forecast: 2024 Was Slow For Tech IPOs, But 2025 Could Be Different

Crunchbase News

After another slow year in 2024 for new tech listings, there is an expectation that the IPO markets will pick up in 2025. I think there’s a lot of confidence in the market. Stock markets are trading at all-time highs, said Ran Ben-Tzur of legal advisory firm Fenwick & West. What has changed?

Marketing 133
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Gartner: 13 AI insights for enterprise IT

CIO

Artificial intelligence is an early stage technology and the hype around it is palpable, but IT leaders need to take many challenges into consideration before making major commitments for their enterprises. In a second quarter 2024 Gartner survey of over 5,000 digital workers in the U.S., But what if you don’t have to?”