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AI development booms as open source startups fill the gap

Dataconomy

Runa Capital’s ROSS Index highlights the growing market for AI and open-source technologies, tracking the rapid expansion of this sector. These efforts showcase the diverse, evolving nature of AI and open-source ventures. It reflects an increasingly vibrant ecosystem fueled by technological advancements.

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The Significance of Open Source Software in the Digital-First Future Enterprise

CIO Business Intelligence

As per the recent IDC InfoBrief “The Significance of Open Source Software in the Digital-First Future Enterprise”, open source software (OSS) is an important driver of enterprise digital innovation and provides greater agility, performance and security compared to proprietary software.

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Open source developer corrupts widely-used libraries, affecting tons of projects

The Verge

A developer appears to have purposefully corrupted a pair of open-source libraries on GitHub and software registry npm — “ faker.js ” and “ colors.js ” — that thousands of users depend on, rendering any project that contains these libraries useless, as reported by Bleeping Computer. Illustration by Alex Castro / The Verge.

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Fostering Innovation at Discover Financial Services

CIO Business Intelligence

At Discover® Financial Services, it lies at the heart of the company’s business goals and growth. Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services. Innovation has a different meaning for every organization.

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Bud Financial helps banks and their customers make more informed decisions using AI with DataStax and Google Cloud

CIO Business Intelligence

By Jude Sheeran, EMEA managing director at DataStax When making financial decisions, businesses and consumers benefit from access to accurate, timely, and complete information. GKE empowers organizations to distribute applications effectively across multiple regions, maintaining performance and availability standards.

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Why Financial Services Firms Need to Modernize Core Data Platforms

CIO Business Intelligence

By David Andrzejek, Head of Financial Services, DataStax. While enterprises in all sectors of the economy will compete with data, the effective capture and use of data in information-intensive sectors like online services, banking, and financial services is especially critical and will separate winners from losers.

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Gen AI without the risks

CIO Business Intelligence

Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. Don’t reinvent the wheel—start with a foundation model A business could invest in developing its own models for its unique applications.

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