Tag: Venture capital

OpenAI, founded by Elon Musk and Sam Altman, is at the forefront of Artificial Intelligence research and development. Recently, their CEO Sam Altman announced a major update to their Terms of Service, no longer requiring customer data for training the ChatGPT model. To protect user data and accounts, Samsung has banned their employees from using ChatGPT. Meanwhile, the Competition and Markets Authority's investigation into generative AI products has led to changes in usage and pipelines, including guard rails to prevent offensive remarks from being said. OpenAI is committed to taking the extra step to keep their customers safe.

Shopify, an industry leader in e-commerce solutions, announces difficult layoffs and logistics arm sale to Flexport. Pando, a fulfillment tech startup, raises $30M ($45M total) signaling robust investment in supply chain sector. Tellus, an Andreessen Horowitz-backed fintech, faces US government scrutiny. Index Ventures' Heymann shares his insights on venture capital and metrics. TechCrunch+ offers founders a discounted membership with access to their AI tech news.

OpenAI, the parent company of ChatGPT, has committed to greater transparency, improved user rights and a complete ban lift in Italy following legal issues concerning the improper collection of user data. Led by renowned AI expert Sam Altman, OpenAI is driven to advance Artificial General Intelligence and make machine learning operations secure.

OpenAI's remarkable ChatGPT: an artificial general intelligence research laboratory that has produced cutting-edge AI technology rivaling some of the biggest tech companies. From screenplay writing to computer coding, this language processor stunned tech-watchers with its human-like capabilities. Discover the story behind this ground-breaking chatbot, who controls it today and what the future might hold.

DataTribe reveals a sharp decline in venture capital funding for cybersecurity in Q1 2023, with the average seed deal volume dropping by 56%. Promisingly, median pre-money valuations remain high, offering reassurance for CISOs. Organizations have to carefully manage resources and be mindful of their security needs, as Wiz successfully raised $10B with its CSPM + CNAPP solution.