AI

SMBC Winds Down Digital US Bank Jenius, Impacting Customers

The closure illustrates the challenges facing digital banks in the US.Highlights: SMBC announces the closure of its US digital bank, Jenius.The shutdown affects account holders and digital banking services.This...

Scammers Impersonate NAB Trade’s Tom Piotrowski to Endorse Fraudulent Investments

NAB Trade warns investors about the ongoing impersonation scams targeting clients.Highlights: Scammers are impersonating Tom Piotrowski from NAB...

Bermuda Strengthens Onchain Economy with New Regulatory Framework

Government seeks to attract blockchain innovation and investment.Highlights: Bermuda introduces new regulations to boost its onchain economy.The framework...

Australia Tightens Cash Acceptance Rules for Retailers

New regulations will impact how retailers handle cash transactions.Highlights: Australia introduces stricter cash acceptance rules for retailers.The new...

Trump Calls on Congress to Cap Credit Card Rates

The former president urges lawmakers to limit high interest rates amid economic concerns.Highlights: Trump advocates for capping credit...
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OpenAI’s ChatGPT is shaking up the edtech markets

Shares of edtech company Chegg fell off a cliff this week after the company reported Q1 results that bested analyst expectations. But Q1’s results aren’t...

Antimetal is putting AI to work to root out cloud cost inefficiencies

One constant theme we’ve been hearing from the big cloud infrastructure vendors this year is helping customers increase the efficiency of their cloud spend....

UK’s antitrust watchdog announces initial review of generative AI

Well that was fast. The U.K.’s competition watchdog has announced an initial review of “AI foundational models”, such as the large language models (LLMs)...

Microsoft doubles down on AI with new Bing features

Microsoft is embarking on the next phase of Bing’s expansion. And — no surprise — it heavily revolves around AI. At a preview event this...

TechCrunch+ roundup: AI ethics investor survey, B2B SaaS KPIs, don’t frown on down rounds

Investors have raised expectations around SaaS profitability and growth since the downturn began. As a result, it’s even more important for founders to have a...

AI can’t replace human writers

In the must-watch final season of “Succession,” Kendall Roy enters a conference room with his siblings. As the scene opens, he takes a seat...

Slack updates aim to put AI at the center of the user experience

Slack has evolved from a pure communications platform to one that enables companies to link directly to enterprise applications without having to resort to...

Hugging Face and ServiceNow release a free code-generating model

AI startup Hugging Face and ServiceNow Research, ServiceNow’s R&D division, have released StarCoder, a free alternative to code-generating AI systems along the lines of...

The best way to avoid a down round is to found an AI startup

As we see unicorns slash staff and the prevalence of down rounds spike, it may seem that the startup ecosystem is chock-full of bad news...
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