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

CIO

According to a survey conducted by FTI Consulting on behalf of UST, a digital transformation consultancy, 99% of senior IT decision makers say their companies are deploying AI, with more than half using and integrating it throughout their organizations, and 93% say that AI will be essential to success in the next five years.

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Juro draws $23M into its browser-based contract automation platform

TechCrunch

London-based legaltech startup Juro has grabbed $23 million in Series B funding for its browser-based contract automation platform. “These companies often process very high volumes of contracts, which is where we really help. “We do this by bringing those contracts out of Word and into a custom-built, browser-native editor.”

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Startup CTO or Developer

TechEmpower CTO

Getting something to market and getting funding override any other concerns. But hiring a lead developer, or even a VP of Engineering, can create a gap between the founders and the developers. Closing the Gap: Hiring A Fractional Startup CTO We’re not suggesting that early-stage startups should hire a full-time CTO.

CTO Coach 260
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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. The cornerstone of genAI’s effectiveness lies in the quality of a bank’s data, with customer transactions being the most valuable asset.

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

TechCrunch

The real estate sales market has been in an upswing this year, and today a startup that’s addressing one of homeowners’ biggest needs — repair and maintenance services, and specifically the stress of sorting these out when things break down — is announcing some funding on the heels of strong growth. More on that below.

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Versa raises $120M for its software-defined networking and security stack

TechCrunch

CEO Kelly Ahuja tells TechCrunch that the proceeds, which bring Versa’s total capital raised to $316 million, will be put toward go-to-market efforts and scaling the company. Versa’s large round suggests that, despite the market downturn, VCs haven’t lost faith in cybersecurity vendors yet. billion in 2021). .

Security 193
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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.

Biotech 229