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Nokia reports 32% drop in profit but sees recovery in 2nd half - ctrlf5
Nokia reports 32% drop in profit but sees recovery in 2nd half

Nokia reported a 32% decline in second-quarter operating profit due to weak demand for 5G telecom equipment. However, the Finnish telecoms group anticipates a sales recovery towards the end of 2024, driven by orders from North America. The adjusted profit, which excludes certain charges and asset revaluations for comparability with last year’s results, dropped to […]

  • Artificial Agency
  • NPC
Artificial Agency raises $16M to use AI to make NPCs feel more realistic in video games - ctrlf5
Artificial Agency raises $16M to use AI to make NPCs feel more realistic in video games

A team of ex-Google DeepMind researchers has launched an AI behavior engine designed to enhance the traditional video gaming experience by revolutionizing the behavior and interactions of non-playable characters (NPCs). While many companies are leveraging AI to create more lifelike NPCs, Canada-based Artificial Agency, emerging from stealth mode with $16 million in funding, believes its […]

  • Funding
  • Tech Startups
10 Biggest Funding Rounds in Romania in H1 2024 - ctrlf5
10 Biggest Funding Rounds in Romania in H1 2024

At the midpoint of 2024, the Romanian innovation ecosystem has exhibited remarkable momentum, with substantial investments flowing from both local and international investors. Compared to the previous half-year review, the total amount raised by the top 10 players has reached €65.5 million, marking an increase of €3.8 million from H1 2023. This diverse group of […]

  • Microsoft
  • OpenAI
Microsoft gives up its observer seat on OpenAI’s board - ctrlf5
Microsoft gives up its observer seat on OpenAI’s board

Microsoft has announced it will relinquish its observer board seat at OpenAI, despite having invested over $10 billion in the company and extensively integrating OpenAI’s AI models across its product line. The observer board seat, which did not carry voting rights, was intended for Microsoft to monitor the board’s activities. This seat was secured in […]

  • Alphabet
  • Google
Google is closing in on its biggest deal: a New York startup that’s less than 4 years old - ctrlf5
Google is closing in on its biggest deal: a New York startup that’s less than 4 years old

According to The Wall Street Journal, Alphabet is nearing an agreement to acquire Wiz, a cloud cybersecurity startup, for approximately $23 billion. According to unnamed sources, the Google parent company is in advanced negotiations with the four-year-old startup, and a deal is expected soon unless discussions collapse. This would be Google’s largest acquisition, surpassing the $12.5 […]

Software workers across the globe are excited to get using Gen AI at work - ctrlf5
Software workers across the globe are excited to get using Gen AI at work

A recent study reveals that an overwhelming 85% of the global software workforce anticipates utilizing GenAI tools within the next two years. The survey, conducted by Capgemini and involving nearly 2,200 senior executives and software professionals, underscores the extensive adoption of AI among developers. This technology is expected to greatly enhance efficiency. The findings indicate […]

  • CTO
  • CTOs
  • Guide For CTO
A CTO’s Guide to Software Development Outsourcing - ctrlf5
A CTO’s Guide to Software Development Outsourcing

Outsourcing software development has become an essential strategy for IT companies to find talent and stay within budget. Essentially, outsourcing involves hiring an external third-party company or individual to perform tasks or functions traditionally handled in-house. In software engineering, these tasks can include app development, maintaining legacy systems, testing, and quality assurance. As a CTO, […]

  • CTO
  • CTOs
  • Guide For CTO
How to stay up to date as CTO - ctrlf5
How to stay up to date as CTO

Staying ahead in the every changing world of technology is a challenge for anyone, but for a Chief Technology Officer (CTO), it’s critical. A CTO must continuously update their knowledge and skills to. In this article, we’ll explore practical strategies and resources that can help CTOs stay current and lead their organizations. Dive into the […]

  • CTO
  • CTOs
  • Guide For CTO
Guide For New CTOs - ctrlf5
Guide For New CTOs

Are you a new CTO and feel you need a guide to help you navigate the process? We’ve got you! The role can be both challenging and rewarding, as it involves a careful mix of strategic planning, team building, and personal growth. While it’sit’s not always possible to please everyone, you’ll occasionally need to make […]