AI

The UK rolls back controversial plans to open up text and data mining regulations

The U.K. government is seemingly backtracking on plans that would have allowed text and data mining “for any purpose,” plans designed to position the U.K. as a “global AI superpower.

Lavender lands $13.2M for its AI-powered email marketing engine

Years ago, Will Allred and William Ballance were developing a tech platform, Sorter, to apply personality and communication psychology to marketing campaigns. Just as Sorter was heading to market, the

OpenAI launches ChatGPT Plus, starting at $20 per month

Aiming to monetize what’s become a viral phenomenon, OpenAI today launched a new pilot subscription plan for ChatGPT, its text-generating AI that can write convincingly human-like essays, poems,

Snap hints at future AR glasses powered by generative AI

Social media company and Snapchat maker Snap has for years defined itself as a “camera company,” despite its failures to turn its photo-and-video recording glasses known as Spectacles into

Empathy’s new tool uses AI to generate obituaries, and it’s not half bad

Writing an obituary isn’t an easy task. That’s an understatement — it’s incredibly painful, usually expensive too. But someone has to do it. Or perhaps not. Consider leaving i

ValueBase, backed by Sam Altman’s Hydrazine, raises $1.6 million seed round

OpenAI CEO Sam Altman believes AI can help usher in “unbelievable abundance,” but he says he wants to ensure that such abundance is shared. Toward that end, Altman has embraced a theory of

InstaDeep’s acquisition is a classic case of an African startup gone global 

This January, Germany’s largest vaccine maker BioNTech announced that it had agreed to acquire Tunisian-born and London-headquartered AI startup InstaDeep for up to £562 million, including a perfor

Stripe eyes an exit, Dell bets on the cloud, and Shutterstock embraces generative AI

Hey, party people, it’s Kyle, continuing to step in for Greg to write Week in Review as he spends time with his newborn. Dunno about y’all, but it’s been a week. I’m dead tired

Inscribe bags $25M to fight financial fraud with AI

Conor Burke spent much of his career in the back office of a big bank in Ireland. His team was tasked with digitizing the onboarding process — particularly document-heavy manual review workflows

Method raises $16M to power loan repayment, balance transfers and more across fintech apps

Method, a startup that aims to make it easier for fintech developers to embed repayment, balance transfers and bill pay automation into their apps, today announced that it closed a $16 million Series

Supernormal raises $10M to automatically transcribe and summarize meetings

Generative AI is the tech industry’s buzzword of the moment. It’s no wonder — the VC firm Sequoia not long ago predicted that generative AI, which comprises AI that can generate text

McKinsey, eyeing the MLOps space, buys Tel Aviv–based Iguazio

The same day Microsoft invested billions in OpenAI, McKinsey snatched up enterprise-focused AI firm Iguazio for a relative steal. The consulting giant reportedly paid around $50 million for Iguazio, a

Scenario lands $6M for its AI platform that generates game art assets

Depending on who you ask, generative AI is either massively overhyped or undervalued. Defined as algorithm-driven tech that creates text, art and other forms of media given a prompt, it’s captur

Smores is a music discovery app with a TikTok-like feed

Music streaming platforms all claim to use both artificial intelligence and manual curation to find new songs from emerging artists. But users often have to listen to many songs just to find some lika

That Microsoft deal isn’t exclusive, video is coming and more from OpenAI CEO Sam Altman

At a StrictlyVC event last week, OpenAI co-founder and CEO Sam Altman sat down for a wide-ranging interview with this editor, answering questions about some of his most ambitious personal investments,

AI21 Labs intros an AI writing assistant that cites its sources

ChatGPT, the AI that can write poems, emails, spreadsheet formulas and more, has attracted a lot of negative publicity lately. Q&A coding site Stack Overflow temporarily banned users from sharing

A peek into the future as Sam Altman sees it

Late last week, in a rare sit-down before a small audience, this editor spent an hour with Sam Altman, the former president of Y Combinator and, since 2019, the CEO of OpenAI, the company he famously

ChatGPT goes pro, layoffs at Alphabet, and Dungeons & Dragons flirts with restrictive new licensing

Welcome, welcome, folks, to Week in Review, TechCrunch’s regular column that recaps the last week in news. If you’d like it in your inbox every Saturday, sign up here. Hope you’re si

FPGA startup Rapid Silicon lands $15M to bring its first chip to market

Field-programmable gate arrays (FPGA), or integrated circuits sold off-the-shelf, are a hot topic in tech. Because they’re relatively affordable and can be programmed for a range of use cases, t

Pittsburgh’s AI expertise may give rise to an already growing startup market

Pittsburgh is an AI powerhouse. Now that seemingly every VC is interested in the category, the Steel City's startup scene could see a boost.
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