Elon Musk is challenging technology industry's frontrunners (Microsoft-backed OpenAI's ChatGPT and Google's Bard) with his ambitious new generative artificial intelligence (AI) platform, TruthGPT. Focusing on "understanding the nature of the universe" this platform is dedicated to eliminate any chance of AI-caused human destruction. X.AI Corp is the new venture that Musk has founded in Nevada to develop various types of data such as audio, images, text and simulations. This has created a wave of investment ($4.2 billion in 215 deals) in the generative AI market, expected to reach $188.62 billion by 2032.
Explore the latest addition to Amazon's AI suite, Bedrock: An accessible platform to help businesses build chat bots, generate text, and classify images. Highlighted by CEO Andy Jassy's commitment to large language models in his annual shareholder letter, Bedrock is positioning itself to be an industry leader in the generative AI space. Get ahead of the game with Amazon's Bedrock now!
At YC Demo Day, startups from the Winter 2023 batch presented their vision for generative AI. TechCrunch staff got to observe the possible investments and get a sneak peek into the world of recommerce as Gen Z shoppers adopt sustainable habits. However, the existing wealth gap is ignored, impacting Black founders raising funds for their startups. Despite the market's conditions, Small was able to raise $34M. For security startups, Ross Haleliuk suggests tips to build customer relationships. TechCrunch+ podcast series have been nominated for the Webby Awards. For H-1Bs and green cards, seek legal advice and keep in mind the idea/product/business model is key.
SetSail is an innovative company revolutionizing how salespeople are compensated. Founded by Haggai Levi, the company uses data-driven insights and ChatGPT questioning capabilities to create a system designed to fairly reward salespeople based on where they are in their pipeline. Invested in by Zoom Ventures, SetSail increases sales risk-taking potential, setting the stage for success.
Stay up to date on the constantly evolving tech industry with this article, which provides news on AI's potential pause and other developments, like Bob Lee's passing and Phil Harrison leaving Google Stadia. Discover more about AI-related controversies and how Treat has scored an $8 million funding.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?