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The AI ​​Financial Performance Paradox

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Futuristic blue and purple circuit board.

There is now widespread agreement that generative AI will significantly transform business, and that corporations and individuals who select to not embrace it’s going to quickly be consigned to the dustbin of history.

At the identical time, as corporations delve deeper into the technology, they need evidence, real business metrics that show how AI actually improves business results and revenue.

They can’t and shouldn’t rely solely on vendor guarantees. But it’s tough to make a direct correlation between something like, say, Microsoft Copilot and overall business performance.

Should CIOs Just Take It On Faith? This Week Clouded Judgment Newsletterinvestor Jamin Ball suggests that the majority corporations may not have a alternative. He believes they might not see results for a while, leaving them with a really difficult buying decision.

Here’s Ball’s opinion:

“The world is evolving right now—AI is a huge platform change. And by NOT adopting it/spending money on it, you risk losing market share and slowly becoming irrelevant. As your competitors invest in AI-related activities, you need to invest in AI-related activities as well. Ultimately, those investments may not immediately result in better business outcomes (i.e., more revenue), but they certainly lead to better end-user experiences. And they very well may lead to better “other” metrics like retention or churn. If your competitors are constructing higher end-user experiences and also you will not be, you might be in trouble within the short/medium term,” Ball wrote.

But CIOs need to have more certainty before blindly jumping into expensive latest technology, irrespective of how game-changing it might be. They and the corporate’s CFOs must cope with the truth of the here and now relating to justifying the expense, and in the event that they are spending big, when can they reasonably expect a return on their investment?

At the identical time, those that use the electricity-AI analogy might imagine that that is AI’s electricity moment—that moment within the late 18th century when factories began switching from steam to electricity. You could ignore it and proceed with steam, but sooner or later you are going to get swept away by a steamboat (pun intended).

Perhaps the reply lies with a clever startup, or more likely, corporations of a certain size will turn to the standard suspects—Deloitte, McKinsey, and Accenture—and pay them a hefty fee to assist them figure this out. Ironically, it will only increase the associated fee and time it takes to get a quote.

As Jerry Garcia of the Grateful Dead once sang in “Wheel”, “You can’t go back and you can’t stand still. If the thunder doesn’t get you, the lightning will.” CIOs attempting to work out how you can proceed must determine whether or not they are leading their corporations steadily into the longer term or throwing good money after bad.

This article was originally published on : techcrunch.com
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US medical device giant Artivion says hackers stole files during a cybersecurity incident

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Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.

In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.

Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”

Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.

This article was originally published on : techcrunch.com
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It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500

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Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.

The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.

The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.

More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)

Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.

The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.

Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.

In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.

Image credits:Raspberry Pi

This article was originally published on : techcrunch.com
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Apple Vision Pro may add support for PlayStation VR controllers

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Vision Pro headset

According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.

The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.

However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.

Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.

This article was originally published on : techcrunch.com
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