Contract governance is the steps taken to make sure agreed-upon terms between a company and its suppliers are met. It’s an essential part of doing business, and the consequences for getting it wrong can be steep. McKinsey estimates that poor contract governance can cost organizations up to 9% of their total revenue, which equates to […]
We’ve all been faced with a name that’s difficult to pronounce. But not everyone considers the consequences of their mispronunciations. In a piece for Fast Company, Madhumita Mallick, the head of inclusion, equity and impact at Carta, recalls how her name became a source of anxiety even when she was a grade-school student. Studies have […]
Roughly two years ago, Microsoft announced a partnership with OpenAI, the AI lab with which it has a close commercial relationship, to build what the tech giant called an “AI Supercomputer” running in the Azure cloud. Containing over 285,000 processor cores and 10,000 graphics cards, Microsoft claimed at the time that it was one of […]
Itay Dressler and Itzik Ben Bassat, who’ve held various software engineering and executive roles at startups together over the years, are accustomed to exchanging brief messages. Ben Bassat has ADHD, and for that reason prefers to keep texts on the shorter side. But as he and Dressler were faced with wrangling an increasing number of […]
New York-based venture platform Modus has launched Modus Africa, a venture capital fund for AI and blockchain startups across sub-Saharan Africa, ZebethMedia has learned. The fund is expected to reach a final close in the first quarter of next year. The spinoff continues Modus’s string of moves over the past 18 months, which has seen […]
DeviantArt, the Wix-owned artist community, today announced a new protection for creators to disallow art-generating AI systems from being developed using their artwork. An option on the site will allow artists to preclude third parties from scraping their content for AI development purposes, aiming to prevent work from being swept up without artists’ knowledge or […]
Last year, OpenAI announced the OpenAI Startup Fund, a tranche through which it and its partners, including Microsoft, are investing in early-stage AI companies tackling major problems. Mum’s been the word since on which companies have received infusions from the Fund. But today, the OpenAI Startup Fund revealed that it led a $23.5 million investment […]
Last year, OpenAI announced the OpenAI Startup Fund, a tranche through which it and its partners, including Microsoft, are investing in early-stage AI companies tackling major problems. Mum’s been the word since on which companies have received infusions from the Fund. But today, the OpenAI Startup Fund revealed that it led a $23.5 million investment […]
Veriti, a platform for unifying cybersecurity infrastructure, today emerged from stealth with $18.5 million in funding, a combination of $12 million from Insight Partners and a $6.5 million round led by NFX and Amiti. According to CEO Adi Ikan, the newly announced capital is being put toward scaling Veriti’s business operations and developing its product […]
Data annotation, or the process of adding labels to images, text, audio and other forms of sample data, is typically a key step in developing AI systems. The vast majority of systems learn to make predictions by associating labels with specific data samples, like the caption “bear” with a photo of a black bear. A […]
