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Why a Lack of Cybersecurity Poses an Existential Threat to Your Business

February 24, 2022 |
Fundamental security flaws in technical environments could have a massive impact on the global economy. The World Economic Forum (WEF) estimates a successful cyber breach costs, on average, $3.6 million in 2021. The share price of a hacked company underperforms on the NASDAQ by an average of 3% — even six months after the disclosure of a security breach.
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Research: An AI Chip that Can ‘Rewrite’ Itself on Demand

February 23, 2022 |
The goal of AI is for machines to develop human-like intelligence in the way it learns and adapts. Now, researchers at Purdue University believe they have taken a step closer to that vision. In a paper published in Science, the researchers unveiled a chip that could “dynamically rewire” itself and take in new data just like a brain does so
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Kintsugi Raises $20M Series A from Insight Partners, Works Towards New Standard for Mental Healthcare

February 23, 2022 |
Kintsugi today announced it has raised $20M in Series A funding, bringing the company’s total capital raised to $28M since its inception in 2019. The funding round was led by New York-based global venture capital and private equity firm Insight Partners, with participation from Acrew Capital, Darling Ventures, Citta Capital, Side Door Ventures, Primetime Partners, IT Farm, AngelList Fund, and
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Survey: AI and ML Growing in Importance to IT Decision-Makers

February 22, 2022 |
AI and machine learning are considered 'mission critical' to business strategies by IT-decision makers, according to new findings from Rackspace Technologies. The Texas-based firm surveyed 1,870 IT decision-makers, with AI and ML outranking cybersecurity (66%), data science (62%) and cloud computing (59%) as a vital resource.
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Clearview AI Wants Facial Data of ‘Almost Everyone’ in the World

February 22, 2022 |
Controversial startup Clearview AI has told investors it plans to gather 100 billion facial photos in its database, despite having its technology scrutinized around the world. A financial presentation from the startup, obtained by The Washington Post, sees the startup suggesting that it’ll have enough data within a year to make “almost everyone in the world identifiable.”
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AI in Retail: The State of the AI Software Market

February 21, 2022 |
Interest in artificial intelligence has risen dramatically in just the last few years, but AI software is still a small portion of overall software sales. Likewise, adoption rates for AI vary widely by industry. But it is increasingly favored by retailers, both for e-commerce and in-store sales efforts.
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Automate Document Processing with AI

February 18, 2022 |
Documents are important—for records, communication, collaboration, and even transactions. Yet millions of times per day, users rely on information that is locked in documents. This is a broad challenge across industries—affecting anyone who sends and receives paper documents, faxes, digital files, and/ or needs to keep records.
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Cognigy Increases Series B Funding to $59M

February 17, 2022 |
Insight Partners-backed Cognigy has secured $15 million investment by DTCP earmarked to further accelerate the conversational AI firm’s global growth by expanding its customer base and entering new markets worldwide. The additional round brings the total Series B funding for the Cognigy, global leader in omnichannel customer service automation, to $59 million.
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Investing in Fintech: A Look into 2022

February 17, 2022 |
With more than $50 billion in capital commitments across over 200 investments throughout 2021, Insight Partners had a banner year. While we invest in founders across a wide spectrum of businesses, this series focuses on outlining our theses on four verticals that we’re particularly excited about in 2022: artificial intelligence, fintech/crypto, cybersecurity, and healthtech.
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AI eGuide: Find Unhappy Users Before they Complain

February 16, 2022 |
Whether your organization is a fast mover or fast follower, the ability to increase your velocity gives you the advantage in shaping business outcomes. When the correct data and models are used, patterns can be discerned, and insight can be unlocked. With this insight comes the confidence to make decisions, communicate them clearly, to move faster...
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