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Happy Crunch Tuesday, our fellow crunchies. Today, there are a bunch of fun event-based updates for you. If you come to Early Stage in Boston, pitch to the venture capitalists there. Also, if you want to speak at Disrupt later this summer, you can apply now. Oh, and sustainability is becoming a whole arena unto itself at Disrupt. It will be great. I see you there?
Also! darrell argues that “not only is generative AI already here, but it’s already delivering killing blows,” in his latest article, “A Knife So Sharp You Don’t Feel It Cut.”
TechCrunch Top 3
- Accelerating Generative AI: Amazon is jumping into startup accelerators with both feet again and will jumpstart generative AI startups around the world with a 10-week show, natasha m. writes Ten startups will receive $300,000 in AWS credits and showcase their technology in a demo day.
- A “Not Quite Open Source Startup”: That is how Pablo described Dozer, a startup that came out of nowhere today with $3 million in the bank and technology to help any developer build real-time data applications in the blink of an eye.
- Everything at startup: Yes, startup founders matter when it comes to securing funding, but Ensemble amassed $100 million in equity commitments for its start-up fund on the premise that behind every founder is a team that matters when it comes to funding, too. make a business successful. Scholarship tells you how
Startups and VCs
The hype around ChatGPT, OpenAI’s AI-powered viral chatbot, has yet to reach its peak. Kyle reports. That’s the vibe you get from Y Combinator’s winter 2023 batch, which features no less than four startups claiming to be trying to build “ChatGPT for X.”
Today we’re looking at a legal case between the US Securities and Exchange Commission and Charlie Javice, the founder of student financial aid startup Frank. The SEC is charging Javice with defrauding JPMorgan in connection with the company’s $175 million sale to JPMorgan Chase Bank in 2021. maria anna reports.
As we update the news on what’s going on with the Trump impeachment, here are a few more stories to keep you entertained:
What is a fair price premium for startup stock?
Image Credits: Javier Ghersi/Getty Images
A new market update report from Redpoint Ventures contains information for Series B and C founders planning to raise funds this year, reports Alex Wilhelm.
“Today’s mid-stage startups still seem pretty expensive,” he writes. “Either the stock market needs to get some of its juice back, or home prices need to fall further to get things back to ‘normal’.”
Three more from the TC+ team:
TechCrunch+ is our membership program that helps start-up founders and teams get ahead of the rest. You can sign up here. Use code “DC” to get 15% off an annual subscription!
big tech inc
Today we bring you Twitter: everything, everywhere, all at once. amanda and alyssa Give us a month-by-month rundown of Elon Musk’s Twitter, from the layoffs to the verification drama, where changes due to take effect on April 1 came and went, leaving us all feeling like it was a joke from the April Fool’s Day gone wrong.
Meanwhile, just like NASA named its new moon crewor “Lunar Unit” if we may, Virgin Orbit filed for bankruptcy. darrell writes: “The bankruptcy filing follows weeks of bad news for the company, including a pause in all operations, a brief search for more money to continue as a going concern, and mass layoffs to try to fit the company’s actual available budget. company. that today’s news essentially confirms that it did not exist.”
And we have five more for you:
