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5 Things To Look For When Evaluating AI Startups

Crunchbase News

LLM customization Is the startup using a mostly off-the-shelf LLM — e.g., OpenAI ’s ChatGPT — or a meaningfully customized LLM? Different ways to customize an LLM include fine-tuning an off-the-shelf model or building a custom one using an open-source LLM like Meta ’s Llama. trillion to $4.4 trillion annually.

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FAA tests drone detection equipment in New Jersey after unexplained drone sightings in the state last year

Ooda Loop

The Federal Aviation Administration is testing systems to detect drones in New Jersey, after a series of unexplained drone sightings in the state last year raised alarm.

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Bank of America’s big bet on AI started small

CIO

Bank of America will invest $4 billion in AI and related technology innovations this year, but the financial services giants 7-year-old homemade AI agent, Erica, remains a key ROI generator , linchpin for customer and employee experience , and source of great pride today. We are not writing essays with Erica. We are not trying to write software.

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9 IT resolutions for 2025

CIO

Kenney plans to partner with commercial off-the-shelf software providers to facilitate a proof-of-concept of their out-of-the-box functionality. CIOs are an ambitious lot. Not the type to be satisfied with the status quo, they have set big goals for themselves in the upcoming year, according to countless surveys of IT execs.

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Off the Shelf vs Custom Software: Making the Right Choice for Your Business

Trigent

Here’s all that you need to make an informed choice on off the shelf vs custom software. While doing so, they have two choices – to buy a ready-made off-the-shelf solution created for the mass market or get a custom software designed and developed to serve their specific needs and requirements.

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Taktile raises $20M to help fintech companies test and deploy decision-making models

TechCrunch

While there, they found that many automated decisions were poorly designed, hardly ever tested properly and required a lot of engineering capacity — ultimately leading to guesswork. Taktile would let the head of credit at the bank back-test the change and analyze its impact before actually implementing it.

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Understanding the Dynamics of Custom Software Development

The Crazy Programmer

Compared to commercial off-the-shelf software products (COTS), custom-developed software is built to meet a narrow, specific set of requirements. Commercial off-the-shelf products are obviously designed to appeal to the masses as they are commercially marketed and distributed. Why Choose Custom Software Development?