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Every day Crunch: OpenAI, Anthropic and Stability AI obtain half of Sound Ventures’ $240M AI fund


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Joyful Google Day! There’s been a wall of attention-grabbing information popping out of the search-and-everything-else-too large at its I/O occasion. Christine summarized the whole lot Google has introduced at I/O up to now, in order that’s a superb place to begin.

Additionally, it’s a uncommon deal with when TechCrunch high boss Joey shares one thing on the positioning, breaking down how we’re disrupting TechCrunch Disrupt: 8 phases, 3 days, 1 metropolis. Whereas on the subject of Disrupt, right here’s your probability to vote for the roundtables and breakouts you need on the occasion.

A lot love, Christine and Haje

The TechCrunch Prime 3

  • Massive spender: Connie spoke with Sound Ventures’ Effie Epstein to get the inside track on which three fortunate firms have been the recipients of a big chunk of the enterprise capital agency’s new AI fund.
  • Recognized flying object: Darrell studies on Huge’s and SpaceX’s plan to place the primary business house station into orbit in 2025. And take a look at Aria’s deep-dive into Huge within the Massive Tech part.
  • You’ve bought the world within the PaLM of your hand: Google launched PaLM 2, its next-gen massive language mannequin. Frederic writes that “PaLM 2 will energy Google’s up to date Bard chat software and performance as the muse mannequin for many of the search engine large’s new AI options. See what we’ve to date in Google I/O information within the Massive Tech part.

Startups and VC

Autonomous supply startup Nuro is within the midst of a restructuring that may end in layoffs and shift sources away from business operations and towards R&D, Kirsten studies. Nuro declined to share what number of of its roughly 1,100 workers can be affected. Workers are anticipated to be taught who can be laid off by the tip of the week.

Natasha L studies that Clearview was fined but once more, this time in France, for failing to adjust to privateness orders. Whether or not Clearview will ever pay any of those fines stays an open query, for the reason that U.S.-based firm has not been cooperating with EU regulators.

There’s one other fistful for you as properly:

3 key metrics for cybersecurity product managers

Close up of several wooden rulers

Picture Credit: Tetra Photographs (opens in a brand new window) / Getty Photographs

Cybersecurity product managers often measure conversion charges, detection accuracy and utilization/engagement to achieve buyer insights, however these metrics “might not be what they appear,” writes Ross Haleliuk, an investor who’s additionally head of product at LimaCharlie.io.

“Context issues lots, and the realities of various organizations, geographies, cultures and market segments closely affect what might be measured and what actions might be taken primarily based on these observations.”

Three extra from the TC+ staff:

TechCrunch+ is our membership program that helps founders and startup groups get forward of the pack. You possibly can join right here. Use code “DC” for a 15% low cost on an annual subscription!

Massive Tech Inc.

It’s Google I/O day, and our staff wrote at the least 30 tales to ship all the products for you nice readers. You possibly can catch the complete obtain on the devoted Google I/O 2023 occasion web page, however listed below are some tidbits:

Sure, we do have some non-Google information, too:


Get your TechCrunch repair IRL. Be part of us at Disrupt 2023 in San Francisco this September to immerse your self in all issues startup. From headline interviews to intimate roundtables to a jam-packed startup expo flooring, there’s one thing for everybody at Disrupt. Save as much as $800 while you purchase your move now by Might 15, and save 15% on high of that with promo code DC. Be taught extra.

Disrupt 2023



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