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Applications of Artificial Intelligence (AI) in business

Hacker Earth Developers Blog

Businesses that use Artificial Intelligence (AI) and related technology to reveal new insights “will steal $1.2 Although AI has been around since the 1950s, it is only recently that the technology has begun to find real-world applications (such as Apple’s Siri). trillion per annum from their less informed peers by 2020.”

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CodeSignal secures $50M for its tech hiring platform

TechCrunch

In less than a year after raising $25 million in Series B funding , technical assessment company CodeSignal announced a $50 million in Series C funding to offer new features for its platform that helps companies make data-driven hiring decisions to find and test engineering talent.

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Fintech Roundup: Due diligence makes a comeback and a former Better.com employee speaks out

TechCrunch

Investors appeared to be backing some startups in part due to FOMO, and that’s not necessarily a good thing. It’s an absolutely different environment from Q4 of last year,” he said, “not just in terms of the level of diligence but also, in the access to capital. valuation to expand its business banking and payments platform globally.

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The targeted approach to cloud and data CIOs need for ROI gains

CIO

We’re in publishing, but it’s the accompanying services that differentiate us on the market; the technology component is what gives value to our business.” Much of this growth is driven by investments in AI technologies, and IDC also expects cloud infrastructure spend to increase 26% compared to 2023.

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Construction tech startups are poised to shake up a $1.3-trillion-dollar industry

TechCrunch

Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors. As one of the least-digitized sectors of our economy, construction is ripe for technology disruption. A construction tech boom. Technology startups are emerging to help solve these problems.

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Banking on customer experience and security via technology-based innovation

CIO

Customer experience and security But as in most industries, customer expectations and security challenges continue to grow along with technological advances. Banks continue investing in technologies that make the customer experience seamless, including mobile apps and peer-to-peer payments. Security and privacy.

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7 ways gen AI can create more work than it saves

CIO

JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. billion estimate in May.