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

CIO

But 76% of respondents say theres a severe shortage of personnel skilled in AI at their organization, according to the August report. 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.

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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. .

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

TechCrunch

We can actually show that their income stability is totally there, they’ve been employed for a long time, and they’re actually going to perform much better [in repaying a loan],” Lin said. Pinwheel has hired a number of its employees from $13.4

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

TechCrunch

According to a report by Capchase comparing more than 400 SaaS startups to unicorns that reached the public markets in the last two years, the top performers “are handily beating the ‘Rule of 40,'” reports Kyle Wiggers. According to its findings, SaaS founders should target at least 80% and aim to surpass 110%.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

But a United Nations report estimates that we’ll need to double global food production by 2050 to meet the needs of 10 billion people. Rising demand for meat is driven in part by the rise of a global middle class. For many companies, data is their greatest asset and at the same time, their largest problem.

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HiddenLayer emerges from stealth to protect AI models from attacks

TechCrunch

Sestito, the former director of threat research at Cylance and VP of engineering at Qualys, co-founded the company several months ago with Tanner Burns and Jim Ballard. “Adversarial machine learning attacks are not loud like ransomware — you have to be looking for them to catch them in time,” Sestito said.

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

TechCrunch

The startup plans to use the funding to expand into new markets, to hire more people and to continue adding more maintenance/repair services and partnerships into its wider home-warranty-by-subscription proposition.