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40% of managers say their mental health declined on the job

Fast Company Tech

Additionally, Gartner analysts estimate that as employers rely more heavily on artificial intelligence, 20% of companies are likely to cut more than half their middle manager roles.

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VCs still think work software is a wise investment

TechCrunch

In an IDC poll earlier this year, 62% of corporate tech managers in the U.S. Gartner presented similar findings in a January forecast. There’s truth to that second point. said that tech spending at their companies would be the same or increase compared with 2022.

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Robin raises $30M to expand its office reservation software as companies embrace hybrid work

TechCrunch

But in a separate poll by McKinsey , 87% of workers said that they would embrace the opportunity to work remotely when given the choice. For some companies, that’s led to a disconnect between lower-level employees and leadership, the latter of whom are generally skeptical of remote work.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget.

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Movable Ink, which taps AI to personalize marketing content, raises $55M

TechCrunch

Sixty-three percent of marketing organizations responding to a 2021 Gartner poll said that they continue to struggle with personalization, particularly with implementing technologies like AI and machine learning. The aforementioned Gartner survey found that 75% of companies piloting AI worry about trusting the technology.

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SingleStore raises additional $36M to grow its database business

TechCrunch

According to a Fivetran poll , 82% of companies are making decisions based on stale information. Eighty-five percent of companies responding to the poll said it’s leading to incorrect decisions and lost revenue. Real-time databases promise to resolve this. Operating revenue for fiscal year 2022 stands at around $50 million.

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Cloud security startup Wiz, now valued at $10B, raises $300M

TechCrunch

Check Point Research reports that global cyberattacks increased by 38% in 2022 compared to 2021, and nearly nine in ten company boards told Gartner in a recent survey that they view cybersecurity as a “business risk” rather than solely a technical or IT issue. The popularity comes in part from the rise in cyberattacks.

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