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

CIO

Weve been innovating with AI, ML, and LLMs for years, he says. In a November report by HR consultancy Randstad, based on a survey of 12,000 people and 3 million job profiles, demand for AI skills has increased five-fold between 2023 and 2024. These are also areas where organizations are most willing to use contract talent.

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Startup CTO or Developer

TechEmpower CTO

But hiring a lead developer, or even a VP of Engineering, can create a gap between the founders and the developers. Check out our blog post 53 Questions Developers Should Ask Innovators. Closing the Gap: Hiring A Fractional Startup CTO We’re not suggesting that early-stage startups should hire a full-time CTO.

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How genAI is transforming financial services

CIO

By Michael Cullum, VP of Engineering at Bud Financial Generative AI (genAI) is a powerful tool that is transforming the financial industry and empowers financial services professionals. From refining risk decisions to shaping innovative propositions and offering predictive customer service, the potential applications are vast.

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Super raises $50M to cover home repairs and maintenance via a subscription model

TechCrunch

CEO Jorey Ramer, who co-founded the company with Ryan Donnelly (VP of engineering), also said that another part of the investment will be used to enhance the AI tech that underpins Super’s service and pricing plans. More on that below. — Austin, Chicago, Dallas, Houston, Phoenix, San Antonio and Washington, D.C.

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54gene valuation slashed by over $100M amid job cuts and CEO exit

TechCrunch

In August, it sacked 95 employees , mostly contract staff (in labs and sales departments) hired to work in 54gene’s COVID business line launched in 2020. In September, co-founder and VP of Engineering Ogochukwu Francis Osifo left the company. It’s been a strange couple of months at African genomics startup 54gene.

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Contentstack raises $80M to grow its headless CMS platform for the enterprise

TechCrunch

While the concept of CMS has been around for decades, a relatively new innovation — so-called headless CMS — is beginning to attract both market share and the interest of investors. Closing the loop, Contentstack eventually bought the CMS division of Raw Engineering in 2018). billion by 2030, up from $21.5 billion in 2020.

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TechCrunch+ roundup: SaaS success stats, leveraging ad tech chaos, 2022 layoff trends

TechCrunch

According to Alex Song, CEO and co-founder of data science company Proxima, this upheaval in media technology stocks is creating benefits for early-stage startups, “because forced innovation makes for a more competitive environment.” ” 5 ways to seize the opportunities created by recent chaos in ad tech.