. This week in the tech sector has been an eventful one: regulators suspended operations of First Republic Bank, JP Morgan's $330 billion asset purchase, startups losing banking partners, OpenAI's ChatGPT, Chegg's edtech industry decrement, Pitch Deck Teardown, Shopify's layoffs and Kenya targeting cryptos and influencers platforms, to name a few. Join us in exploring the biggest news, trends and industry staples of this week.
. Be an early adopter of Google's new secure and convenient passwordless login service, starting at 3 PM PDT. Also, don't miss out on Tech Crunch Disrupt 2020's Startup Battlefield 200 program and Expo+ Passes - hear from Zimbabwean startup founder and get 15% off an annual subscription with the code "DC". Additionally, check out Plexamp's ChatGPT-4 for creating unique playlists, and Airbnb's increasing affordability options.
. Stay on top of the latest news with Samsung's new regulation. The high-tech giant is blocking access to AI tools such as ChatGPT, Microsoft’s Bing, and Google’s Braid on their own and non-company devices on the internal network for enhanced safety features. With specialized, cutting-edge products, services, and solutions, Samsung is inspiring the world. Check with the company for updates on the status of these restrictions.
This article discusses the security risks associated with generative AI and how Samsung has acted to prevent them. Bullpen Capital's Ann Lai recently shared her story of being fired in a LinkedIn post. Amy Cheetham of Costanoa Ventures offers tips and successful examples of board slides to communicate goals and accomplishments to investors. Apple and Google's safety measures for Bluetooth devices, plus the partnership between Box and OpenAI to provide generative tools, are also explored.
. OpenAI, a leading non-profit and renegade AI startup has reportedly confirmed a $300 million share sale, valuing it between $27 and $29 billion. Investors include Tiger Global Management, Andreessen Horowitz, and Sequoia Capital, plus Thrive Capital and K2 Global. OpenAI has revolutionized the tech sector with its AI breakthroughs such as its chatbot GPT-3 and robotics engineering, leading the industry to revenues of over $18 billion in 2021.
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?