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Daily Crunch: After glitch causes a two-hour global outage, WhatsApp restores service

TechCrunch

Hit me baby one more time : Manish also writes about Google, which got its second penalty from India’s antitrust watchdog, this time $113 million for what the organization said was anticompetitive practices with Play Store policies. 8 questions to answer before your startup faces technical due diligence. The first was a $161.9

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Beyond the hype: Key components of an effective AI policy

CIO

Creating a robust AI policy is imperative for companies to address the ethical, legal and operational challenges that come with AI implementation. Understanding the need for an AI policy As AI technologies become more sophisticated, concerns around privacy, bias, transparency and accountability have intensified.

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6 places where investors look for problems when you’re fundraising

TechCrunch

They have a basic accounting system, know how to construct a budget and have policies and procedures for accounts receivable and accounts payable. During due diligence, every investor is looking for an accurate view of your business performance, value and potential. It pays to be ready. What investors want to know.

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

TechCrunch

A founder recently told TechCrunch+ that it’s hard to think about ethics when innovation is so rapid: People build systems, then break them, and then edit. 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.

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6 best practices to develop a corporate use policy for generative AI

CIO

While there’s an open letter calling for all AI labs to immediately pause training of AI systems more powerful than GPT-4 for six months, the reality is the genie is already out of the bottle. With this in mind, here are six best practices to develop a corporate use policy for generative AI.

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The weakest link: Charting supply chain risk in an era of globalization

TechCrunch

In my experience, less than 30% of the firms out there are screening beneficial owners against sanctions lists, despite due diligence being required by OFAC. Businesses need value-driven policies and systems in place to enforce them across the supply chain.

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A look at the budding market for the text that prompts AI systems

TechCrunch

Writing the text strings that instruct AI systems like ChatGPT and DALL-E 2 to generate essays, articles, images and more has become a veritable profession, commanding salaries well into the six-figure range. NeutronField’s prompts for sale cover a slightly wider range of AI systems, including Disco Diffusion and Craiyon.