Monday, May 6, 2024

Good afternoon, and welcome back to TechCrunch PM. Today, Stack Overflow finally succumbs to OpenAI’s power, Intrinsic favors Nvidia and we tell you the best place for your deep tech startup to get a boost. Also, prepare yourself for more than you needed to know about Apple iPads, coming at you tomorrow. I’ll be manning the roundup article while my colleagues give you the scoops. Enjoy!

TechCrunch Top 3

Image Credits: Apple

Apple iPad event 2024: A new chip, a new iPad and a new keyboard are some of the rumors the TechCrunch team is waiting to learn more about at Tuesday’s Apple iPad event. Stay right here for all the coverage. Read More

OpenAI and Stack Overflow become friends: A partnership between OpenAI and Stack Overflow will soon yield new generative AI integrations on the Stack Overflow platform. Kyle Wiggers writes that working with OpenAI “is a remarkable reversal for Stack Overflow, which initially banned responses from ChatGPT on its platform over fears of spammy responses.” Read More

Intrinsic leverages Nvidia tech in its robotics: The Alphabet-backed company is teaming up with Nvidia to use its grasping technology (grabbing and picking up objects), which is one of the key modalities for both manufacturing and fulfillment automation. The systems are trained on large datasets, with the goal of executing tasks that work across hardware (i.e., hardware agnosticism) and with different objects. Read More

Afternoon must-reads

Image Credits: Thiago Prudencio/SOPA Images/LightRocket / Getty Images

Summarize this: Aria, Opera’s in-browser AI product, can now summarize text-based web pages on Android by quickly condensing news articles, blog posts or research papers in a short summary that typically fits on one screen. Read More

LockBit is back: An international coalition of police agencies brought the dark web site of the notorious LockBit ransomware gang back into the light. This is a website the police seized earlier this year, teasing new revelations about the group. Read More

Where to set up shop: In the wide world of startups, going from academia to the real world means finding a place to hang your hat during the R&D process. Emily Knight, president of The Engine Accelerator, gives some tips for how deep tech companies can find a startup program. Read More

Around the web

Image Credits: Getty Images/Patra Kongsirimongkolchai / EyeEm

The SEC is watching Robinhood: Robinhood shares are down Monday after its cryptocurrency unit received warnings from the U.S. Securities and Exchange Commission regarding alleged securities violations, The Verge reports. Simply put, the SEC believes the assets Robinhood lists are securities and Robinhood doesn’t. Read More

More layoffs at Tesla: Tesla sent out another round of pink slips Sunday night, Business Insider reports. Read More

Advice from the other side: Former Starbucks CEO Howard Schultz is taking to LinkedIn to give his successor some words of wisdom after the coffee chain giant reported less-than-stellar quarterly earnings. The Wall Street Journal reports some of this included that “Starbucks executives and board members needed to spend more time working in cafes, and help to reinvigorate the chain’s mobile ordering and payment systems. Starbucks needs to invest in coffee-focused drinks when it comes to new products to stand out among competitors and highlight its premium spot in the marketplace.” I have a great place for them to start — put the ingredients that are supposed to be in the drink actually in the drink. Read More

TechCrunch Minute

Newchip, Techstars, and what happens when startup accelerators fail: Building a startup is hard. Building a company that helps startups is similarly difficult. That’s the takeaway from recent TechCrunch reporting on Techstars and Newchip. With Newchip in liquidation and Techstars pushing ahead with its revamp, we are likely closer to the end of the accelerator shakeup than its beginning. Hit play and let’s chat!