Every day Crunch: OpenAI, Anthropic and Stability AI obtain half of Sound Ventures’ $240M AI fund

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Blissful Google Day! There’s been a wall of attention-grabbing information popping out of the search-and-everything-else-too large at its I/O occasion. Christine summarized every thing Google has introduced at I/O to date, in order that’s a very good place to begin.

Additionally, it’s a uncommon deal with when TechCrunch high boss Joey shares one thing on the positioning, breaking down how we’re disrupting TechCrunch Disrupt: 8 phases, 3 days, 1 metropolis. Whereas on the subject of Disrupt, right here’s your likelihood to vote for the roundtables and breakouts you need on the occasion.

A lot love, Christine and Haje

The TechCrunch Prime 3

  • Huge spender: Connie spoke with Sound Ventures’ Effie Epstein to get the inside track on which three fortunate firms have been the recipients of a giant chunk of the enterprise capital agency’s new AI fund.
  • Recognized flying object: Darrell experiences on Huge’s and SpaceX’s plan to place the primary industrial house station into orbit in 2025. And take a look at Aria’s deep-dive into Huge within the Huge Tech part.
  • You’ve received the world within the PaLM of your hand: Google launched PaLM 2, its next-gen massive language mannequin. Frederic writes that “PaLM 2 will energy Google’s up to date Bard chat instrument and performance as the inspiration mannequin for a lot of the search engine large’s new AI options. See what we have now to date in Google I/O information within the Huge Tech part.

Startups and VC

Autonomous supply startup Nuro is within the midst of a restructuring that may end in layoffs and shift sources away from industrial operations and towards R&D, Kirsten experiences. Nuro declined to share what number of of its roughly 1,100 staff shall be affected. Staff are anticipated to be taught who shall be laid off by the top of the week.

Natasha L experiences that Clearview was fined but once more, this time in France, for failing to adjust to privateness orders. Whether or not Clearview will ever pay any of those fines stays an open query, for the reason that U.S.-based firm has not been cooperating with EU regulators.

There’s one other fistful for you as effectively:

3 key metrics for cybersecurity product managers

Close up of several wooden rulers

Picture Credit: Tetra Images (opens in a new window) / Getty Photos

Cybersecurity product managers often measure conversion charges, detection accuracy and utilization/engagement to achieve buyer insights, however these metrics “will not be what they appear,” writes Ross Haleliuk, an investor who’s additionally head of product at LimaCharlie.io.

“Context issues quite a bit, and the realities of various organizations, geographies, cultures and market segments closely affect what may be measured and what actions may be taken based mostly on these observations.”

Three extra from the TC+ staff:

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Huge Tech Inc.

It’s Google I/O day, and our staff wrote not less than 30 tales to ship all the products for you superb readers. You possibly can catch the total obtain on the devoted Google I/O 2023 occasion web page, however listed below are some tidbits:

Sure, we do have some non-Google information, too:

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