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Hello from a very rain-soaked, drug-themed, semi-goth-and-sad Silicon Valley (HJ) and a fun, sunny, warm day (Christine). It is difficult to distinguish one from the other, and here, we are learning a lesson in empathy and realizing that our immediate experiences may not be universal. Oops. You didn’t expect that level of depth from your friendly neighborhood tech newsletter, did you? Let’s continue to amaze us for the rest of 2023. – Christine And came
TechCrunch’s Top 3
- Chatgpti, but in a suit and tie: Kyle OpenAI has been looking for ways to monetize viral chatbot ChatGPT, and today we learned how, he wrote. The company is now testing a premium version called “ChatGPT Professional”. The benefits include “unavailable” windows and an unlimited number of messages. How much do you pay? Join the waiting list and weigh in.
- Again in the air: The Federal Aviation Authority is breathing a sigh of relief after returning to normal operations this morning. All US domestic flights were grounded when one key system failed. Darrell Reports.
- what did you say?Many companies are developing AI technology to help people communicate, and DeepL, an AI-based business language translator, is the latest to reap the benefits of investor hunger for such companies. Ingrid DeepL has reportedly raised more than $100 million to value the company at more than $1 billion.
Startups and VCs
It took forever to get smart home devices to talk to each other, but something has changed. why now Or, more bluntly, why did the release of the issue take so long? Brian Questions. For starters, the obvious issue mentioned above is that most of these big companies would rather not work with their competitors if they could avoid it. As such, getting everyone on the same page about something like this is a bit of a cat-herding situation. But we’re finally getting there, and that’s why the Matter logo was everywhere at CES 2023.
The Venom Foundation and investment manager Iceberg Capital have partnered to launch a $1 billion venture fund; Jacqueline Reports. The $1 billion vehicle is a blockchain-agnostic fund that invests in Web3 protocols and decentralized applications (dApps).
Okay, well, you might have a lot of other highlights from the last 24 hours.
Some investors are (cautiously) implementing chatGPIT into their workflows.
Image Credits: Maryam no (Opens in a new window) / Getty Images
Can AI automate polite-sounding rejection letters, aspects of due diligence, or accurate market mapping?
Some investors are already evaluating ways to fold ChatGipt “into their workflows to make them work better, smarter, and maybe even cheaper,” Natasha Mascarnhas, Christine Hall, and Kyle Wiegers report.
They interviewed several VCs to learn more about their potential use cases, some early experiments, and the limitations of the technology when it comes to voice and tone.
“It’s not about automating the important conversations we have with reporters, but I think it’s good enough for the right things,” said Brian Kimmel, founder of WorkLife Ventures.
Three more from the TC+ team:
TechCrunch+ Our membership program helps founders and startup teams stay ahead of the pack. You can register here.. Use code “DC” for 15% off annual subscription!
Big Tech Inc.
It’s a meta kind of day. First, meta giveth, meta taketh, as Amanda It was discovered. First it was an internship and now Meta is canceling some full-time job offers. Meanwhile, a privacy rights group in Europe has published lengthy documents related to the EU’s privacy decision on Meta. Natasha L It tells you what they say. and finally, Annie META’s chief content moderator in Africa has reported that he has closed jobs.
We all have many applications on our phones Sarah For the first time in a while, the app economy reported a slowdown, with consumer spending in this category falling 2 percent to $167 billion. What happened and why she was going inside.
Now here are five more for you:
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