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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. Just 15% of their time is spent on long-term strategic thinking, and another 13% on developing their direct reports.

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VCs still think work software is a wise investment

TechCrunch

In its Road to Next report released Tuesday, Deloitte found that even though overall investment in work software companies is down from the lofty heights it reached in 2021, the segment still accounted for 15% of total expansion-stage deal value in 2022 (per PitchBook). . Gartner presented similar findings in a January forecast.

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TechCrunch+ roundup: SaaS pricing strategies, 2022 open source report, can Vine regrow?

TechCrunch

Full TechCrunch+ articles are only available to members Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription In October 2022, incoming Twitter CEO Elon Musk polled his followers: “Bring back Vine?” ” Which open source startups rocketed in 2022? ” Which open source startups rocketed in 2022?

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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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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. billion in 2022, according to Momentum Cyber.

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Filevine raises $108 million for tools that streamline legal workflows

TechCrunch

For example, according to a report published by the American Bar Association, nearly 10% of lawyers now use some form of AI-based legal tech. Filevine’s report builder tool. Image Credits: Filevine. “A contract has a lifecycle that can form as early as a negotiation, all the way through to breach or complete fulfillment.

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Cloud optimization startup ProsperOps lands $72M investment

TechCrunch

A separate report from Gartner forecasts that worldwide spending on public cloud services will grow to total $591.8 Veritas, a cloud data management vendor, found in a 2022 poll that upwards of 94% organizations incur higher costs than anticipated when using a public cloud service provider and overspend by an average of 43%. .”

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