EC AI

Jorge Calderon Contributor Jorge Calderon is managing director at San Francisco–based Inicio Ventures, an initiative of Hispanics in Philanthropy. Over the last 25 years, I’ve been a tech investor, founder, organizer, strategist and academic. I’m proud to be part of a growing group of diverse leaders shaping an innovation system that represents and benefits us all. But in recent months, I’ve become increasingly troubled by the absence of Latinx/e founders and leaders in today’s…

Of all enterprise departments, product and engineering spend by far the most on AI technology. Doing so effectively stands to generate huge value — developers can complete certain tasks up to 50% faster with generative AI, according to McKinsey. But that’s not as easy as just throwing money at AI and hoping for the best. Enterprises need to understand how much to budget into AI tools, how to weigh the benefits of AI versus new recruits, and how to ensure their training is on point. A recent…

Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. This week, some thoughts on AI aesthetics, the challenge of uninsurability, and how to pitch a biotech startup to non-experts. — Anna Too good to be true Most tools claiming to detect AI-generated text fail spectacularly, my colleague Kyle Wiggers reported. That’s a paradox. I’m only human, but a lot of the AI-written…

Losing stuff sucks. It’s even more frustrating when something isn’t really lost, but rather left behind in a location, like an airport or sports stadium, which makes it hard to get back. My friend Caitlin knows this all too well; she’s yet to be reunited with the phone she lost at Oktoberfest on September 27, despite confirming in November that they have it. While Oktoberfest is a more extreme example, people leave a lot of things behind in hotels, on transportation and at events. For example,…

Richard Marcus Contributor Richard Marcus is the head of information security at AuditBoard. Many have described 2023 as the year of AI, and the term made several “word of the year” lists. While it has positively impacted productivity and efficiency in the workplace, AI has also presented a number of emerging risks for businesses. For example, a recent Harris Poll survey commissioned by AuditBoard revealed that roughly half of employed Americans (51%)…

Tech layoffs are accelerating, according to the data. The surge in staff cuts comes after reductions in human capital slowed so much in the back half of 2023 that we wrote that “tech layoffs are all but a thing of the past.” At the time, reported layoffs had been trending down for months and months to reach what appeared to be a nadir that was so low it felt inconsequential. How things have changed. At the time, we posited that rising tech valuations were taking some pressure off technology concerns and that…

When HPE announced its intention to acquire Juniper Networks for $14 billion in cold, hard cash earlier this month, it was a bit of a shock. Sure, HP had already bought Aruba in 2015 for around $3 billion. Grabbing another networking company would presumably just add another layer to that business. Of course, there are always complications incorporating one large organization into another, and HP doesn’t exactly have the best record for being a smooth operator where that’s concerned over the years. But surprisingly,…

We all make mistakes. But sometimes we forget that technology does, too — especially when it comes to AI, which is still in its early days in many respects. © 2023 TechCrunch. All rights reserved. For personal use only. We all make mistakes. But sometimes we forget that technology does, too — especially when it comes to AI, which is still in its early days in many respects. © 2023 TechCrunch. All rights reserved. For personal use only. FOLLOW US ON GOOGLE NEWS Read original article here Denial of…

Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. There was a lot going on in tech this week, and not just CES. But yes, CES was definitely worth watching closely, if only just for the rise of age tech. — Anna Better aging Following CES from a distance this year, I couldn’t help but notice how age tech, or silver tech, companies seemed to be in the…

In October, Box unveiled a new pricing approach for the company’s generative AI features. Instead of a flat rate, the company designed a unique consumption-based model. Each user gets 20 credits per month, good for any number of AI tasks that add up to 20 events, with each task charged a single credit. After that, people can dip into a company pool of 2,000 additional credits. If the customer surpasses that, it would be time to have a conversation with a salesperson about buying additional…