article thumbnail

Venture Capital in the Age of AI: Transforming Due Diligence

Alpha Sense BI

On the AlphaSense platform, this reality rings true as we noticed an over 50% increase in documents mentioning “due diligence” over the past year. Once an arduous and time-consuming task, the dawn of artificial intelligence (AI) and generative AI (genAI) has transformed the way venture capital investors conduct due diligence.

article thumbnail

4 perils of being an IT pioneer

CIO

Here are four major setbacks that business and IT leaders could encounter if they rush to adopt a new technology without due diligence. Lack of support Finding resources who are skilled with a new technology can be a challenge. For instance, there is still a significant skill shortage in relatively new technologies such as AI.

IT 571
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DTN’s CTO on combining IT systems after a merger

CIO

That’s a tricky question, but easy to answer with the right data, he says: “You often can simulate it: If I were off by a half a degree, what impact would that even have on the ship routing algorithm?”. At DTN, says Ewe, “We have a sophisticated due-diligence checklist for technology. Forecasting merger success.

article thumbnail

Testing New AI Applications is Crucial Before Bringing them to Market

Smart Data Collective

Creating a new software application with complex AI algorithms is a very time and resource-intensive process. You are going to need to do your due diligence and make sure that you get it right. However, bringing a software application with malfunctioning AI algorithms to market would be a much more serious and costlier problem.

article thumbnail

Venture Capital Trends and Outlook for 2024

Alpha Sense BI

Traditional due diligence for start-up investors has historically been riddled with inefficiencies—tying up resources to sort through countless documents and copious amounts of data, and manually crafting market comparisons and performance. There is no doubt that generative AI has emerged as a powerful tool in the investment space.

Capital 52
article thumbnail

Averting turbulence in the air

CIO

If hash algorithms were used instead to render cardholder data unreadable, they now need to be “keyed” hashes (hash-based MAC, cyber-based MAC, etc.) If one-way hashes such as SHA-256 were used, the airlines will have to replace the hashing algorithms to two-way hashes. The newly-updated PCI DSS v4.0 rather than one-way hashes.

Airline 325
article thumbnail

Asset Management Trends and Outlook for 2024

Alpha Sense BI

From opportunity identification and due diligence to investment decision-making and portfolio management, AI is now a key tool for most asset managers. One of the most impactful factors has been the proliferation of artificial intelligence (AI) and generative AI (genAI) in the asset management space.