OpenAI wants to build family-friendly GPTs

TechCrunch Newsletter
TechCrunch AM logo

By Alex Wilhelm

Tuesday, January 30, 2024

Good morning, and welcome to TechCrunch AM for January 30, 2024. Today we’re talking about a nine-figure AI round, another Indian unicorn facing valuation troubles, two semiconductor companies, two climate tech startups, and OpenAI’s decision to keep things SFW. It’s a busy week thus far!

Alex

TechCrunch Top 3

  1. Kore.ai raises $150M for conversational AI in the enterprise: Demand for AI tools to facilitate “business interactions,” or the times when employees interact with customers or one another, has helped Kore.ai draw big dollars from venture backers. The company’s massive round implies that VC demand for AI startup shares remains hot.
  2. ClickUp buys Hypercal: Productivity app ClickUp is building “one app to replace them all,” according to its CEO, Zeb Evans. Now, the company is adding calendar functionality with its purchase of Hypercal. ClickUp last raised $400M at a $4 billion valuation back in 2021. Let’s see if that somewhat dated coffer can afford the company any more acquisitions this year.
  3. Fidelity cuts the value of its holdings in Meesho: One fun way to track what late-stage startups are worth is to pore over the disclosure forms that large financial companies file, because they often tell us what a company is worth. In the case of Indian social commerce startup Meesho, Fidelity’s latest filing reveals that it thinks the company is worth $3.25 billion instead of the $4.9 billion valuation at which it last raised capital.
TechCrunch Top 3 image

Don’t miss these

Chips are green because of all the money involved: The ability to manufacture lots of semiconductors is considered a national security issue today. That means that the amount of investment that the sector will receive globally will likely outstrip natural demand. On the other hand, computing power is more in demand than ever to power the ongoing AI boom. So it’s not too surprising that Rebellions, a South Korean fabless AI chip startup, just landed $124 million in a massive Series B, partially predicated on work it announced recently to build an AI chip with Samsung.

But that’s not all. Semron, a German startup, wants to build “3D-scaled” chips that will allow companies and people to run AI models locally. AI in the enterprise! AI at home! AI on your device if it’s a TV or a phone! Welcome to our new future.

p0 wants to use AI to catch code flaws: No one wants to push an update to production that kills the service. That’s what p0 wants to prevent. The company is using large language models to analyze code and help developers catch serious issues in code before it is shipped. I wonder how long it’ll be until AI writes the code, more AI verifies that it’s good to go, and then even more AI deploys it? Heck, AI could even be dogfooding at that point, right? Maybe developers will code up a solution to the ever-present shortage of high-powered code slingers.

The latest in climate tech: Thankfully, not everything in the world (and this newsletter) is about AI. Some companies are still building vertical SaaS. BlueLayer is one such firm, and it is working on software that is specifically designed for carbon project developers, which I thought was pretty neat. It helps companies track carbon credits and provide reporting tools for other stakeholders. The company has raised $10 million to date.

Also: Haven Energy has closed a Series A less than a year after it raised a seed round. Investors are seemingly impressed by the company, which connects consumer solar power generators to battery techs who can up their in-house storage capacity. Why is that big business? A regulatory change in California is a key driver, Tim De Chant reports.

PG-13 OpenAI: On the heels of a global conversation about the use of modern AI tools for creating unsavory images, OpenAI has teamed up with Common Sense Media to offer family-friendly “chatbot apps powered by OpenAI’s GenAI models,” Kyle Wiggers reports. Given the appetite for AI regulation around the world, we think it’s a good idea to keep tabs on how major AI model companies are working to get ahead of legal strictures by cosplaying as moral leaders.

Plex raises $40M as it hunts for profitability: The streaming media economy is so large now that I have to admit I don’t know all the companies in the space. Tubi, for example. It’s on my Roku. What is it? I’ll never know. Another streaming company that I should pay more attention to is Plex. The company started off as a media server tool, but then started offering a free streaming service, monetized via advertisements. Plex also offers a paid version of its service that offers content downloads. Regardless, TechCrunch reports that the company could reach profitability late this year or early next year, so while streaming has not yet proven to be a profitable avenue for many companies, Plex appears to have found a way forward that is resonating with consumers.

Don’t miss these image

Image Credits: Jason marz / Getty Images

Before you go

Yelp has more AI, short-form video coming your way: I don’t know about you, but what I want when I am looking at a menu is a short-form video of someone eating the food I am trying to learn more about. I kid, but it does seem that what I want from Yelp is not what most of its consumers want, if its latest feature load is built to answer user demands instead of trying to steer them towards more total engagement minutes with the app.

What strikes me here is that all apps kinda look the same today. There’s a feed, it’s very visual, and there are videos. Apparently we are not merely seeing the TikTok-ification of just social media, but all media. RIP patience, and attention spans.

Before you go image

Image Credits: Yelp

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard

See more jobs on CrunchBoard

Post your tech jobs and reach millions of TechCrunch readers for only $349 per month.

Facebook Twitter Youtube Instagram Flipboard

View this email online in your browser

Privacy Policy | Terms of Service | Unsubscribe

© 2024 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103

Older messages

Expect big things from Apple’s iOS 18

Monday, January 29, 2024

TechCrunch Newsletter TechCrunch PM Logo By Christine Hall Monday, January 29, 2024 Good afternoon, and welcome to TechCrunch PM. In today's news, we hope Apple's iOS 18 doesn't disappoint

TechCrunch Space - Saying goodbye to the little helicopter that could

Monday, January 29, 2024

TechCrunch Newsletter TechCrunch Space logo By Aria Alamalhodaei Monday, January 29, 2024 Hello and welcome back to TechCrunch Space. Last week, NASA held its annual day of remembrance to commemorate

StrictlyVC coming to LA and more this week at TechCrunch | January 22

Monday, January 29, 2024

Join us in Boston for our founder summit TechCrunch events roundup Hello there! I hope your Monday is off to a great start! If you missed our StrictlyVC event in San Francisco last week you can watch

Can a startup take on Google’s mobile search hegemony?

Monday, January 29, 2024

TechCrunch Newsletter TechCrunch AM logo By Alex Wilhelm Monday, January 29, 2024 Good morning, and welcome to TechCrunch AM, our morning newsletter built to get you up and running! Today, we're

TechCrunch Mobility - What went wrong at Cruise, a pivot at Vroom and a home for Tesla's Dojo supercomputer

Sunday, January 28, 2024

TechCrunch Newsletter TechCrunch Mobility logo By Kirsten Korosec Sunday, January 28, 2024 Welcome back to TechCrunch Mobility – the same weekly newsletter you've been reading, but with a new name

You Might Also Like

Matrix Botnet Exploits IoT Devices in Widespread DDoS Botnet Campaign

Wednesday, November 27, 2024

THN Daily Updates Newsletter cover The AI Value Playbook ($35.99) FREE for a Limited Time Business leaders are challenged by the speed of AI innovation and how to navigate disruption and uncertainty.

The Sequence Chat: Why are Foundation Models so Hard to Explain and What are we Doing About it?

Wednesday, November 27, 2024

Addressing some of the interpretability challenges of foundation models and the emerging fields of mechanistic interpretability and behavioral probing. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Overcoming Perfectionism: How to Break Free from the Enemy of Progress

Wednesday, November 27, 2024

Discover how perfectionism hinders progress and learn practical strategies to overcome the fear of imperfection, boost productivity, and achieve your goals without getting stuck in the pursuit of

🖤 Laravel Black Friday Deals!

Wednesday, November 27, 2024

The biggest deals of the year Laravel Black Friday Deals View in browser Laravel News Editor Note: We are sending this outside the regular Sunday newsletter schedule because some of these specials end

BetterDev #271 - Memory: The Forgotten History and Why did Windows 95 setup use three operating systems?

Wednesday, November 27, 2024

Better Dev #271 Nov 26, 2024 Hi all, Welcome to thanksgiving issue of BetterDev. Hope everyone had a safe and warm thanksgiving. It's getting so cold these days. If you are in warzone such as

Mapped | Unemployment Rate By U.S. State in 2024 💼

Tuesday, November 26, 2024

As of October 2024, DC and Nevada tied for the highest unemployment rate in the US at 5.7%. Which states saw the lowest rates? View Online | Subscribe | Download Our App FINAL CHANCE - ENDS TONIGHT!

🔊 7 DIY Tips for Soundproofing a Room — Why I Switched to Xfce for Linux Mint

Tuesday, November 26, 2024

Also: Home Theater Sound Terms Explained, and More! How-To Geek Logo November 26, 2024 Did You Know The shiny layer of a CD doesn't contain the data; the plastic polycarbonate layer does. The shiny

JSK Daily for Nov 26, 2024

Tuesday, November 26, 2024

JSK Daily for Nov 26, 2024 View this email in your browser A community curated daily e-mail of JavaScript news JavaScript Certification Black Friday Offer – Up to 54% Off! Certificates.dev, the trusted

NumPy, Loop Targets, Vector Animation, and More

Tuesday, November 26, 2024

NumPy Practical Examples: Useful Techniques #657 – NOVEMBER 26, 2024 VIEW IN BROWSER The PyCoder's Weekly Logo NumPy Practical Examples: Useful Techniques In this tutorial, you'll learn how to

Your Games Quarterly newsletter has arrived

Tuesday, November 26, 2024

What's new for games in Google Play and Android Email not displaying correctly? View it online November 2024 The First Developer Preview of Android 16 The First Developer Preview of Android 16