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Is the gen AI bubble due to burst? CIOs face rethink ahead

CIO

For example, a gen AI virtual assistant can cost $5 million to $6.5 Determining the ROI for “ubiquitous” gen AI uses, such as virtual assistants or intelligent chatbots , can be difficult, says Frances Karamouzis, an analyst in the Gartner AI, hyper-automation, and intelligent automation group.

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6 most underhyped technologies in IT — plus one that’s not dead yet

CIO

Generative AI and, more specifically, ChatGPT captivated the corporate world in 2023, with board directors, CEOs, and other executives fawning (and sometimes fearing) the technology. with best-in-class companies “reaping an enviable 13% ROI.” But with all due respect, AI is hardly the only critical tech in town.

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Your biggest barriers to digital transformation aren’t technical…they’re cultural

CIO

As an infrastructure and security practitioner with nearly 30 years of experience, I’ve witnessed periods of rapid change in the technology landscape. They were just things companies had to do to keep the lights on. I have four core beliefs about technology that inform this thinking: We can do anything with technology.

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Proptech in Review: Investors predict slower growth in 2023

TechCrunch

It’s not a huge stretch to say that today, as tech increasingly permeates property development and housing, few except those operating in the sector can truly pinpoint what’s happening in the fast-developing world of proptech. TC: There’s a lot of overlap between construction tech and proptech. And where do they overlap?

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Aurora Propulsion Technologies closes €1.7M seed for spacecraft maneuvering and deorbiting tech

TechCrunch

Enter Aurora Propulsion Technologies. Since its founding in 2018, the Finnish company has developed two products — a tiny thruster engine and a plasma braking system — and will be testing both in an in-orbit demonstration in the fourth quarter of this year. million ($2 million) seed round to bring its technology to market.

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Nerdio lands $117M to build management tools on top of Azure Virtual Desktop

TechCrunch

In 2005, three entrepreneurs — Vadim Vladimirskiy, Stuart Gabel and Niall Keegan — co-founded Adar, a Chicago-based company providing “streaming IT” and IT-as-a-service products mainly to small- and medium-sized businesses. Nerdio runs in a customer’s own Azure subscription as an Azure-based application.).

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5 investors discuss Boston’s resilient tech ecosystem

TechCrunch

Boston offers a world of advantages for startup founders Boston’s university-to-startup pipeline defies downturn to grow and diversify Boston has had a thriving tech startup ecosystem for a while, but things can change fast. Register for the free virtual event here. We continue to use Zoom calls during our diligence process.