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How Brex is keeping up with AI by embracing the 'messiness' | TechCrunch
TechCrunch
·
29d ago
Medial
Brex, a corporate credit card company, revamped its software procurement strategy to adapt to rapid AI advancements. Initially hindered by lengthy evaluation processes, it developed a new framework for quicker AI tool vetting and empowered employees to select tools that add value. Brex uses a "superhuman product-market-fit test" and grants engineers monthly software budgets, fostering diverse tool use. This flexible, employee-driven approach helps Brex stay competitive in the fast-evolving AI landscape.
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David Sacks and the blurred lines of government service | TechCrunch
TechCrunch
·
16d ago
Medial
David Sacks, co-founder of Craft Ventures and White House AI adviser, is raising ethical concerns by maintaining financial interests in industries he oversees. With ethics waivers, Sacks influences AI and crypto policies while keeping stakes in related ventures. This dual role has critics arguing potential conflicts of interest, especially as Sacks’ firm invests in AI companies benefiting from federal contracts. Despite divesting significant assets, Sacks’ situation reflects blurred lines between public service and private gain.
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Engineer or MBA? Narayana Murthy shares what really matters in this AI world
Economic Times
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1m ago
Medial
Infosys co-founder N.R. Narayana Murthy emphasizes not fearing AI but embracing it to enhance productivity. He recalls how technology’s introduction in the past increased jobs and predicts AI will do the same. Murthy, a daily user of ChatGPT-4, shows how AI can vastly improve work efficiency, reducing his preparation time for lectures. He advocates for a mindset shift, viewing AI as a collaborator that pushes for smarter problem-solving and strategic human roles.
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Major BPMs pivot to agentic AI to raise automation efficiency
Economic Times
·
5m ago
Medial
Leading BPM firms like Genpact, EXL, and WNS are embracing AI to automate traditional work, aiming for efficiency through agentic architectures that enhance customer service, order management, and more. Though traditional roles may decline by up to 70%, jobs in data and AI are projected to grow significantly. By moving towards value-based pricing and integrating AI with human intelligence, these companies are adapting to changing client demands and the decreasing costs of AI technology.
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Tanka CEO Kisson Lin to talk AI-native startups at Sessions: AI | TechCrunch
TechCrunch
·
2m ago
Medial
Kisson Lin, CEO of Tanka, will speak at TechCrunch Sessions: AI on June 5 at UC Berkeley. Her session, titled “Your Next Co-Founder Will Be AI,” will delve into how AI memory technology enhances team efficiency, benefiting solo entrepreneurs facing larger organizations. Lin's career is marked by extensive experience in AI, memory systems, and team collaboration tools, combined with entrepreneurial ventures. The event will gather AI leaders, fostering vital insights for AI startup founders.
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Gumloop, founded in a bedroom in Vancouver, lets users automate tasks with drag-and-drop modules | TechCrunch
TechCrunch
·
6m ago
Medial
Gumloop, founded by Max Brodeur-Urbas and Rahul Behal in Vancouver, automates repetitive workflows using AI. It provides a user-friendly platform where users can drag modular components to build automations or choose from prebuilt pipelines. Despite many competitors, Gumloop distinguishes itself by empowering nontechnical users to solve problems independently. With $17 million in Series A funding, led by Nexus Venture Partners, Gumloop aims to scale, keeping a small team to streamline productivity.
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Former Intel CEO launches a benchmark to measure AI alignment | TechCrunch
TechCrunch
·
25d ago
Medial
Former Intel CEO Pat Gelsinger, after leaving the company, has partnered with the "faith tech" company Gloo to introduce the Flourishing AI (FAI) benchmark. This initiative aims to assess how well AI models align with human values, using parameters from The Global Flourishing Study by Harvard and Baylor University. The benchmark focuses on seven categories including Character, Relationships, Happiness, Purpose, Health, Financial Stability, and Faith to gauge AI alignment with human well-being.
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As spend management space heats up, Brex and Rho turn to AI startups to help power new products
TechCrunch
·
2y ago
Medial
Competition in spend management intensifies as Brex and Rho unveil AI-driven accounts payables solutions. This coincided with Ramp's procurement expansion, showcasing fierce rivalry among companies to cater to customer demand and enhance spending control. Brex's live Payables feature offers advanced spend control with AI-driven accuracy, while Rho's similar capabilities launch later this month. The move underscores the trend of leveraging AI partnerships for improved invoice data extraction and multi-level approval controls.
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Leaders who integrate technology in their business ecosystem today will define the businesses of tomorrow
Economic Times
·
1m ago
Medial
The article discusses the importance of digital readiness and resilience for businesses to thrive amid technological disruptions. It highlights how companies like Adobe and Microsoft have successfully adapted to digital trends, ensuring long-term success. Digital transformation is portrayed as essential for business growth and competitiveness, with predictions suggesting significant economic impact by digitally empowered companies. The piece emphasizes that embracing digital change is not just beneficial but necessary for leading and reshaping industries in the future.
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Meta overhauls rules on deepfakes, other altered media
Economic Times
·
1y ago
Medial
Meta, the owner of Facebook, has announced new policies regarding digitally created and altered media. The company plans to label AI-generated videos, images, and audio as "Made with AI" starting in May. They will also introduce more prominent labels for manipulated media that poses a high risk of deceiving the public. This marks a shift in Meta's approach towards manipulated content, aiming to provide viewers with information about how it was made while keeping the content accessible. These changes come ahead of the U.S. elections and the increasing use of AI technologies in generating deceptive content.
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Pienso builds no-code tools for training AI models
TechCrunch
·
1y ago
Medial
Pienso, an AI platform, aims to address the challenges faced by businesses when it comes to deploying AI. The platform enables non-technical personnel, such as marketers and researchers, to build and deploy AI models without the need for coding. Pienso guides users through the process of annotating training data, integrating with enterprise systems through APIs, while keeping data secure. The company recently raised $10 million in a Series A funding round and plans to use the funds to scale up its teams and develop new features for the platform.
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