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TechCrunch+ roundup: Technical due diligence, web3’s promise, how to hire well

TechCrunch

8 questions to answer before your startup faces technical due diligence. Outsiders study multiple facets of a startup to determine its value and quality, and codebase health is one of them. After technical due diligence begins, no amount of storytelling can cover the secrets buried in GitHub and Jira.

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Accuracy concerns slow manufacturers’ Gen AI adoption

CIO

Manufacturers are implementing generative AI initiatives slower than anticipated due to accuracy concerns, according to a report from Lucidworks. The study surveyed over 2,500 global AI decision-makers and found that 58% of manufacturing leaders plan to increase AI spending in 2024, down from 93% in 2023.

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Making the gen AI and data connection work

CIO

Twenty-nine percent of 644 executives at companies in the US, Germany, and the UK said they were already using gen AI, and it was more widespread than other AI-related technologies, such as optimization algorithms, rule-based systems, natural language processing, and other types of ML. But these are not insurmountable challenges.

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Building and managing an IT team for survival

CIO

It is often suggested that rapid advances in technology are threatening jobs in the IT sector perhaps more than any other. Among the cited factors are the rapid popularity of AI technologies and the desire to automate many processes. We still need the fundamentals. The work isn’t going away.

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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

” De Gruchy — who has a fascinating history, having studied cage fighting and served as an army officer before pivoting to a quieter, white-collar career in due diligence analysis — founded Infogrid in 2018. “This trains our AI, which is then refined with user feedback, making it better.”

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Google expands program to help train the formerly incarcerated

TechCrunch

Last April, Google launched Grow with Google Career Readiness for Reentry, a program created in partnership with nonprofits to offer job readiness and digital skills training for formerly incarcerated individuals. Inmates can go well over a decade without access to technologies like smartphones and only limited familiarity with the internet.

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Don’t gamble with your identity verification practices

CIO

Earlier this year, I wrote about the importance of organizations reviewing their password management strategies. According to a Reuters report, these ransomware bandits also breached the systems of several other companies operating in manufacturing, retail, and technology. Déjà vu can suck sometimes.