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In the News

Siemens and Microsoft partner to drive cross-industry AI adoption

November 1, 2023

Microsoft, Siemens introduce AI assistant Industrial Copilot, enhancing human-machine collaboration, boosting productivity. Partnerships aims to introduce more copilot versions across industries. Early adopter Schaeffler AG. Siemens Teamcenter app for Microsoft Teams available December 2023 to accelerate innovation in industrial metaverse.

Siemens and Microsoft partner to drive cross-industry AI adoption Microsoft News

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SEC Charges SolarWinds and Chief Information Security Officer with Fraud, Internal Control Failures

November 1, 2023

SEC charges SolarWinds and CISO Timothy Brown for fraud and control failures due to known cybersecurity risks. Allegedly from IPO in October 2018 to December 2020 attack, they overstated their cybersecurity practices and understated or didn't reveal risks, misleading investors. SolarWinds' statements contradict internal assessments of defects and high risk. SEC alleges Brown knew risks but didn't resolve them or alert the company more. After incomplete disclosure about the attack, SolarWinds stock dropped around 35% by the month's end. Complaint seeks penalties and officer/director bar against Brown.

SEC Charges SolarWinds and Chief Information Security Officer with Fraud, Internal Control Failures SEC.gov

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Olive AI sells remaining assets to Waystar, Humata Health

October 31, 2023

Once valued at $4 billion, Olive AI has sold its remaining assets and is ceasing operations. Its software product and business were sold to Waystar and Humata Health respectively. CEO Sean Lane downsized 665 personnel due to strategic errors and economic difficulties. Olive's focus on revenue cycle management and utilization management led to selling product lines to Rotera and Availity. Olive AI's collapse follows similar instances with 'unicorns' Pear Therapeutics and Babylon.

Olive AI sells remaining assets to Waystar, Humata Health | Modern Healthcare Modern Healthcare

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Reid Hoffman on Generative AI

October 31, 2023

Open Health Network CEO Tatyana Kanzaveli discusses insights from Reid Hoffman on generative AI, emphasizing its ability to enhance creativity, adapt to job evolution, navigate ethical complexities, foster global unity, and spans all fields, marking a new era. Usage, not tools, is key.

Tatyana Kanzaveli’s Post LinkedIn

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Insights by Kate Gamble
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