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IT leaders: What’s the gameplan as tech badly outpaces talent?

CIO

Hes seeing the need for professionals who can not only navigate the technology itself, but also manage increasing complexities around its surrounding architectures, data sets, infrastructure, applications, and overall security. And paying a premium isnt out of the question. Meanwhile, average starting salaries for tech jobs rose by just 1%.

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5 machine learning essentials nontechnical leaders need to understand

TechCrunch

For this piece, I interviewed a select group of successful ML leaders including Sambhus; Lior Gavish , co-founder at Monte Carlo; and Yotam Hadass , VP of engineering at Electric.ai, for their insights. ML recruiting strategy. Recruiting for ML comes with several challenges.

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Fast-growing livestream shopping platform Whatnot acquires Pastel Labs, hires VP of engineering

TechCrunch

To aid on that front, Whatnot is making two key hires, one of which involves the acquisition of Pastel Labs, a company founded in 2020 by Jeff Chang , previously the technical lead for Pinterest’s growth team and a well-known growth advisor.

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Activeloop snags $5M seed to build streaming database for AI applications

TechCrunch

Davit Buniatyan, founder and CEO at the company says the company developed out of research he was doing at Princeton where saw the need for a streaming database of unstructured data like images and video specifically designed for AI use cases. The company has 15 employees so far and is looking to hire around half a dozen high-end engineers.

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Databricks crossed $350M run rate in Q3, up from $200M one year ago

TechCrunch

Namely Databricks , a data analytics company that was most recently valued at around $6.2 Ghodsi took over as CEO in 2016 after serving as the company’s VP of engineering. Normally I’d be content to wave my hands at data analytics and call it a day. How do they find that information?

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Pinwheel raises $50M Series B at $500M valuation for its income verification APIs

TechCrunch

Pinwheel serves neobanks and fintechs like Block, Varo, and Lendly by providing application programming interfaces (APIs) linked to payroll, income, and employment data. Pinwheel has hired a number of its employees from $13.4 Its platform executes over 4.6

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Observability startup Better Stack lands $18.6M in new cash

TechCrunch

Masar, who serves as Better Stack’s CEO, said that the funding will be put toward hiring with the goal of expanding the team from 14 to about 30 people by the end of the year. Masar, who has several startups under his belt, previously was the VP of engineering at Represent.com, an apparel e-commerce merchant.