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Case in point: taking stock of the CrowdStrike outages

CIO

Several hospitals canceled surgeries as well, and banks, airports, public transit systems, 911 centers, and multiple government agencies including the Department of Homeland Security also suffered outages. Its worth doing that extra step of diligence because it can save you problems down the road, she says. Trust, but verify.

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The key to operational AI: Modern data architecture

CIO

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. This team serves as the primary point of contact when issues arise with models—the go-to experts when something isn’t working.

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IT pros: One-third of AI projects just for show

CIO

Their teams miss out on crucial learning experiences, leaving them ill-equipped to handle genuine AI deployments down the road.” “This can lead to a dangerous cycle where decision-makers become skeptical of AI’s potential, reducing future investment,” Nagaswamy says.

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Four investors explain why AI ethics can’t be an afterthought

TechCrunch

Some investors said they tackle this by doing due diligence on a founder’s ethics to help determine whether they’ll continue to make decisions the firm can support. Government policies are also taking aim at AI: The EU has passed machine learning laws , and the U.S. How would the U.S.

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‘Knowledge-as-a-service’ platform Lynk announces collaboration with UBS

TechCrunch

The startup has offices in New York, Hong Kong, Singapore, Mumbai, Shanghai and Toronto, and serves about 200 enterprise clients, including Fortune 500 corporations, investment firms and government agencies. As COVID-19 era drags on, VCs look beyond Zoom calls for due diligence and sourcing.

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Doing Diligence Well In Venture Investing: Going Back To The Future

Crunchbase News

By Nicolas Sauvage Due diligence has made a comeback. On an average deal, VCs would spend 118 hours on due diligence and call 10 references. The assumption was often that someone else had already done the diligence. With that, high-quality diligence has returned, and it is both art and a science.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. Y Combinator has been a net positive force in driving innovative experimentation at the early stages of company development.

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