WorryFree Computers   »   [go: up one dir, main page]

Startups

Startups Weekly: It’s the dawning of the age of AI — plus, Musk is raging against the machine

Comment

Image Credits: Google

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday.

We’ve been drowning in AI news this week. Google’s I/O set the pace: At its keynote, the word “AI” came up on average once per minute throughout its two-hour keynote. Yowzers! Here’s the DL on Google’s AI plans.

OpenAI just dropped GPT-4o — the AI model that’s ChatGPT on steroids. This new “omni” wonder-child can handle text, speech, and video like a multitasking prodigy hopped up on espresso shots. Also, OpenAI’s co-founder and chief scientist Ilya Sutskever decided to jump ship. The guy who basically helped build the brain of our future AI overlords is off to chase some “personally meaningful” rainbows.

Meanwhile, OpenAI is now considering AI-generated porn. Yes, you read that right — it seems like our future involves robots with an artistic flair for NSFW content. The company wants to “responsibly” generate explicit images and text without violating laws or rights. Between you and me, letting Skynet dabble in adult entertainment seems anything but responsible, but I guess you’ll have to stay tuned for more updates on this roller-coaster ride because it seems we’re hurtling toward an X-rated tech dystopia faster than you can say “algo-rotica.”

Oh, and it’s also worth noting that Anthropic has let kids join the AI party, but only if developers play by the company’s rules. Teens can access third-party apps using Anthropic’s AI — just not Anthropic’s own apps — provided these apps include safety features like age verification and content filtering and a wall of “comply with COPPA” signs plastered to every surface.

Did anything happen outside of AI land? Sure, let’s take a look …

Most interesting startup stories from the week

Ready to hand over your love life to a robot? Bumble’s Whitney Wolfe Herd thinks it’s time for bots to date other bots, all in the name of fostering “healthy and equitable relationships.” Picture this: An AI “dating concierge” critiques your insecurities and then sends its own bot on a test run with another bot. If sparks fly, maybe you get a match! It’s basically Tinder meets “Black Mirror” episode “Hang the DJ” minus the dystopian charm. While some folks are snickering, others are wondering if living vicariously through digital avatars is any worse than swiping right on someone because they have a cute dog in their profile pic. Truly, the modernest of romances.

  • Ring ring, who is that? Your creaking bones: Ready to feel ancient? Oura’s new smart ring features promise to tell you just how decrepit your heart really is with the Cardiovascular Age metric. It’s like a magic mirror, but for your arteries.
  • From cradle to cradle: Gather ’round, exhausted parents and eco-warriors! Alora Baby is here to rescue you from the endless parade of landfill-bound baby gear. The startup has decided that your little angel’s leftover crib shouldn’t have a one-way ticket to Trashville. Instead, it’s pioneering “remanufactured” products that are as good as new (or so they claim).
  • Domo Arigato: Kyle Vogt, the man who, with Cruise, brought us self-driving cars that sometimes forget pedestrians exist, is back with a new venture: robots to do your chores. Vogt’s latest brainchild, the Bot Company, has already scored $150 million in funding. One can only hope these bots have better spatial awareness than his last project.
Man wearing Oura ring eating an orange slice
A man wears an Oura ring.
Image Credits: Oura

Most interesting fundraises this week

Ever lost a bet and ended up founding a company? Nicholas Johnson has, and now he’s here to save apartment-dwelling EV owners from the slow death of 120-volt outlets. Enter Orange Charger, peddling $750 smart outlets that’ll juice up your ride without landlords breaking into cold sweats over installation costs. The company raised a $6.5 million oversubscribed seed round

In a plot twist straight out of Silicon Valley’s soap opera, Permira is taking Squarespace private in a $6.9 billion cash deal. The website builder you probably used to start your probably-now-abandoned blog just got snapped up by some very serious people with very deep pockets. After riding the roller coaster of public trading and seeing its stock yo-yo like it was auditioning for Cirque du Soleil, Squarespace will be tucked away from prying market eyes once more.

  • Layer? I barely know ’er!: QuickBooks, meet your new nemesis: Layer. This San Francisco-based startup has just snagged $2.3 million to unseat the accounting giant by embedding bookkeeping tools directly into platforms like Square and Toast.
  • Spicy noms: In a world where Sysco and US Foods reign supreme, Pepper is the feisty underdog that’s shaking up the B2B food e-commerce scene. With a fresh $30 million cash injection led by ICONIQ Growth, Pepper is giving small distributors some serious tech muscle to fight back against the big boys.
  • Won’t you be my neighbor?: Welcome to the world of PayHOA, where Kentucky charm meets SaaS brilliance. This once-bootstrapped startup just pocketed a cool $27.5 million in Series A funding — seems that even your local HOA needs cloud-based financial wizardry these days.
Squarespace headquarters in New York, US, on Tuesday, March 7, 2023.
Image Credits: Bloomberg / Contributor / Getty Images

Other unmissable TechCrunch stories …

In the latest episode of “Elon Musk Does Whatever He Wants,” the social media platform formerly known as Twitter now flags the words “cis” and “cisgender” as slurs. Yes, really. While actual hate speech targeting marginalized groups skates by unscathed, using a term recognized by medical and government authorities will get you a full-screen warning. It’s almost like Elon is trying to make X a hostile environment for anyone who isn’t aligned with his new extremist fanbase. Never mind that the vast majority of people on the platform are cisgender — if you use the word (or just enjoy basic human decency), consider this your cue to exit stage left.

Oh, and apropos Musk doing whatever he damn well pleases … Guess what happens when you put Elon Musk and a profitable division in the same room? You fire it, of course! Tesla’s Supercharger network — an EV owner’s dream with its 50,000+ global charging ports — is now in complete disarray after Musk axed the entire team.

  • Are you gonna go my way?: Uber’s latest brainwave to solve the concert traffic nightmare: shuttle buses. Inspired by their success in India and Egypt, Uber is launching a shuttle service in U.S. cities this summer for concerts, sports events, and airport trips — because everyone loves being packed like sardines with strangers.
  • Crushing disappointment: Buckle up, folks, because Apple’s latest attempt at marketing the new iPad Pro is a masterclass in how to alienate your creative fanbase. In its “Crush” ad, they thought it would be super cool to show an iPad smashing traditional art supplies into oblivion. Spoiler: It wasn’t.
  • Are you on tonight?: Ever wonder how to manage a mob of frontline employees without losing your mind? Enter Sona, the superhero workforce management platform that just bagged $27.5 million to revolutionize shift scheduling and timesheets for all those who keep society running while we binge-watch Netflix.
  • Zeekr and you shall find: Zeekr, the Chinese luxury EV brand owned by Geely, made a grand entrance on the New York Stock Exchange, becoming the first major U.S. listing from China since 2021. Investors went wild, sending Zeekr’s stock price soaring 38% in minutes and valuing it at a cool $7 billion.
  • A lightweight solution to a heavyweight problem: In a world where everyone’s either on a fad diet or popping miracle weight-loss pills, Sammy Faycurry decided to actually do something useful: create a startup that helps registered dietitians start their own practices and get covered by insurance.

More TechCrunch

William A. Anders, the astronaut behind perhaps the single most iconic photo of our planet, has died at the age of 90. On Friday morning, Anders was piloting a small…

William Anders, astronaut who took the famous ‘Earthrise’ photo, dies at 90

You’re running out of time to join the Startup Battlefield 200, our curated showcase of top startups from around the world and across multiple industries. This elite cohort — 200…

Startup Battlefield 200 applications close tomorrow

New York’s state legislature has passed a bill that would prohibit social media companies from showing so-called “addictive feeds” to children under 18, unless they obtain parental consent. The Stop…

New York moves to limit kids’ access to ‘addictive feeds’

Dogs are the most popular pet in the U.S.: 65.1 million households have one, according to the American Pet Products Association. But while cats are not far off, with 46.5…

Cat-sitting startup Meowtel clawed its way to profitability despite trouble raising from dog-focused VCs

Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation led by…

Anterior grabs $20M from NEA to expedite health insurance approvals with AI

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. There’s more bad news for…

How India’s most valuable startup ended up being worth nothing

If death and taxes are inevitable, why are companies so prepared for taxes, but not for death? “I lost both of my parents in college, and it didn’t initially spark…

Bereave wants employers to suck a little less at navigating death

Google and Microsoft have made their developer conferences a showcase of their generative AI chops, and now all eyes are on next week’s Worldwide Developers Conference, which is expected to…

Apple needs to focus on making AI useful, not flashy

AI systems and large language models need to be trained on massive amounts of data to be accurate but they shouldn’t train on data that they don’t have the rights…

Deal Dive: Human Native AI is building the marketplace for AI training licensing deals

Before Wazer came along, “water jet cutting” and “affordable” didn’t belong in the same sentence. That changed in 2016, when the company launched the world’s first desktop water jet cutter,…

Wazer Pro is making desktop water jetting more affordable

Former Autonomy chief executive Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett-Packard that became one of Silicon Valley’s biggest…

Autonomy’s Mike Lynch acquitted after US fraud trial brought by HP

Featured Article

What Snowflake isn’t saying about its customer data breaches

As another Snowflake customer confirms a data breach, the cloud data company says its position “remains unchanged.”

2 days ago
What Snowflake isn’t saying about its customer data breaches

Investor demand has been so strong for Rippling’s shares that it is letting former employees particpate in its tender offer. With one exception.

Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale

It turns out the space industry has a lot of ideas on how to improve NASA’s $11 billion, 15-year plan to collect and return samples from Mars. Seven of these…

NASA puts $10M down on Mars sample return proposals from Blue Origin, SpaceX and others

Featured Article

In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch

When Bowery Capital general partner Loren Straub started talking to a startup from the latest Y Combinator accelerator batch a few months ago, she thought it was strange that the company didn’t have a lead investor for the round it was raising. Even stranger, the founders didn’t seem to be…

2 days ago
In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch

The keynote will be focused on Apple’s software offerings and the developers that power them, including the latest versions of iOS, iPadOS, macOS, tvOS, visionOS and watchOS.

Watch Apple kick off WWDC 2024 right here

Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Anna will be covering for him this week. Sign up here to…

Startups Weekly: Ups, downs, and silver linings

HSBC and BlackRock estimate that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.

BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero

Apple is set to board the runaway locomotive that is generative AI at next week’s World Wide Developer Conference. Reports thus far have pointed to a partnership with OpenAI that…

Apple’s generative AI offering might not work with the standard iPhone 15

LinkedIn has confirmed it will no longer allow advertisers to target users based on data gleaned from their participation in LinkedIn Groups. The move comes more than three months after…

LinkedIn to limit targeted ads in EU after complaint over sensitive data use

Founders: Need plans this weekend? What better way to spend your time than applying to this year’s Startup Battlefield 200 at TechCrunch Disrupt. With Monday’s deadline looming, this is a…

Startup Battlefield 200 applications due Monday

The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries.

Novel battery manufacturer EnerVenue is raising $515M, per filing

Meta is quietly rolling out a new “Communities” feature on Messenger, the company confirmed to TechCrunch. The feature is designed to help organizations, schools and other private groups communicate in…

Meta quietly rolls out Communities on Messenger

Featured Article

Siri and Google Assistant look to generative AI for a new lease on life

Voice assistants in general are having an existential moment, and generative AI is poised to be the logical successor.

3 days ago
Siri and Google Assistant look to generative AI for a new lease on life

Education software provider PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal.

Bain to take K-12 education software provider PowerSchool private in $5.6B deal

Shopify has acquired Threads.com, the Sequoia-backed Slack alternative, Threads said on its website. The companies didn’t disclose the terms of the deal but said that the Threads.com team will join…

Shopify acquires Threads (no, not that one)

Featured Article

Bangladeshi police agents accused of selling citizens’ personal information on Telegram

Two senior police officials in Bangladesh are accused of collecting and selling citizens’ personal information to criminals on Telegram.

3 days ago
Bangladeshi police agents accused of selling citizens’ personal information on Telegram

Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at…

Carta’s valuation to be cut by $6.5 billion in upcoming secondary sale

Boeing’s Starliner spacecraft has successfully delivered two astronauts to the International Space Station, a key milestone in the aerospace giant’s quest to certify the capsule for regular crewed missions.  Starliner…

Boeing’s Starliner overcomes leaks and engine trouble to dock with ‘the big city in the sky’

Rivian needs to sell its new revamped vehicles at a profit in order to sustain itself long enough to get to the cheaper mass market R2 SUV on the road.

Rivian’s path to survival is now remarkably clear