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5 ways to maximize your cloud investment

CIO Business Intelligence

Be strategic with reserve pricing Reserve pricing for cloud services can reduce resource usage costs by as much as 70%, says David McKee, who in his role as fractional CTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-time CTO for nine companies in the US and Europe.

Cloud 124
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

After being in cloud and leveraging it better, we are able to manage compute and storage better ourselves,” said the CIO, who notes that vendors are not cutting costs on licenses or capacity but are offering more guidance and tools. I strike this language from all my contracts.” It depends on what business model you’re in.

Strategy 140
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Bank downplays ties to FTX sister company in latest fallout from crypto exchange failure

GeekWire

The New York Times reported Nov. million in venture capital funding in March from Alameda, the trading firm whose financial struggles have been cited as a key factor in FTX’s demise. The Times reported that in the third quarter this year, the bank’s deposits grew nearly 600% to $84 million.

Banking 102
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The Legal Challenges of the Internet of Things

CTOvision

Data, for example, may be used for one purpose, and then for another down the road, potentially exposing financial or medical information one might not want a particular party to see. You’ll find who owns the data in documents such as end-user license agreements. Lawsuits are sure to increase on these matters over the next few years.

Internet 150
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Tableau CEO Adam Selipsky will return to Amazon Web Services as CEO, replacing Andy Jassy

GeekWire

Seattle angel investor and cloud technology guru Charles Fitzgerald said the hire makes a lot of sense. The company announced that Mark Nelson , the former CTO at SAP Concur who joined Tableau nearly three years ago as vice president of product development, has been named president and CEO. Adam is not a new face to AWS.

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Juno’s lasting legacy: How the cell therapy juggernaut influenced biotech in Seattle and beyond

GeekWire

Juno spun out of institutions including Fred Hutchinson Cancer Research Center; Seattle Children’s; and Memorial Sloan Kettering Research Institute, building up their leadership in cell therapy development. Juno’s Series A round of $176 million was close to a record at the time. Fred Hutch owned 4.6% GeekWire Photo / Kurt Schlosser).

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

There’s also congressional hearings and petitions to pause AI development, inclusive of gen AI. In July, for example, New York City started enforcing new rules about the use of AI in hiring decisions. Protecting access to sensitive data is just one part of the data governance picture.