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TechBrunchTechBrunch

Is there anything AI can't do?

TechBrunchBy TechBrunchMarch 1, 20247 Mins Read
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Welcome to Startups Weekly — Every week, we bring you must-sees from the world of startups. sign up here Delivered to your inbox every Friday.

I don't code much anymore, but I've been hacking small-scale Arduino murders (obviously the plural of Arduino is “murder”, just like crows). My boyfriend's C skills are totally on the decline, but ChatGPT is an amazingly useful tool for coding and debugging. It's very refreshing to be able to throw a bunch of code along with the error messages that the compiler throws, just for the robot to tell you (1) what you shouldn't be doing and (2) how to fix your n00b mistakes. was. .

Of course, this should come as no surprise to anyone who has been paying attention, but the sheer number of next-generation startups coming our way indicates that AI's tentacles are reaching far and wide. There will be.

What's really surprising is how early in our journey with AI we are. The current generation of technology is the equivalent of infantile technology, and all the mediocre reviews of various generative AI software are akin to judging a fish by its ability to climb a tree.

“I'm surprised no one has ever actually reviewed a 3 month old baby and done a parody of him just pooping in his pants and can't even finish a complete sentence,” Steve said. Blank said in an interview. Last year at TechCrunch. “Copilot has changed every programmer's life. It has probably increased his productivity by 50%, but only if you use it poorly.”

I'm looking forward to seeing what will happen.

On that point. . .

All AI at all times

ChatGPT, Microsoft Bing Chat, and AI chat applications appear on mobile devices

Image credits: Jaap Ariens/Nuru Photography/Getty Images

FlowGPT presents itself as a digital embodiment of the Wild West. In this area, laws are like suggestions and safety measures are a nuisance that makes you click too many times to get the good stuff. Founded by a duo who seemed to decide that what the world really needed was a marketplace for AI apps ranging from the mildly helpful to the potentially heinous, FlowGPT was founded by a duo that said, “Yes, horror.'' It's a playground for people who think, “I need an app that speaks.” The story is like a scary girl in a movie, but will it also teach you how to code malware? ” Investors are crying out, “What could go wrong?” They invested $10 million in this venture, proving once again that in the world of technology, where money is strong, ethics can be flexible.

Noting that the world's reading habits are in decline, Inkut said, “Challenge accepted.” In their bold plan to become the Disney of the 21st century, they're plowing $37 million into the problem. Company strategy? We use AI to sift through self-published articles on the app, pick the ones with potential, and fine-tune them into bestsellers.

AI builds your website: While Wix and Squarespace reign supreme with their user-friendly drag-and-drop interfaces, Armenia's 10Web has arrived with the aim of taming the beast that is WordPress.

AI reads the news. The brainchild of a former Twitter engineer, Particle.news steps into the ring with a new perspective on digesting news. Armed with $4.4 million in seed funding, they have a vision to provide a “multi-perspective” news viewing experience.

AI does the coding. StarCoder 2 is a family of models with up to 15 billion parameters and trained on 67.5 terabytes of data. StarCoder 2 is trained in approximately 619 programming languages.

This week's most interesting fundraisers

hand holding money bag

Image credits: Leah Galimtsianova (Opens in new window) / Getty Images

Fervo Energy is securing the heating of the geothermal sector and tapping deep into the Earth's crust to harness that heat, raising $221 million. The Houston-based company leverages directional drilling techniques inherited from the oil and gas industry to significantly expand the reach of wells. By equipping these wells with fiber optic cables and an array of sensors, Fervo maps subsurface thermal patterns and monitors well performance with unprecedented precision.

Initia steps into the blockchain scene with a bold mission to tackle the notorious complexity and fragmentation that plagues blockchain application development. The company aims to provide a streamlined approach to interoperability and simplicity, bridging the gap between the multi-chain world and app-specific blockchains. The company's approach aims to remove technical barriers for app developers and aims to become the crypto world's App Store, where accessing and building applications is as easy as possible. Having recently raised $7.5 million in seed funding, the company is hitting the gas pedal.

Photo fee: Paris-based AI photo editing app Photoroom has successfully closed its latest funding round, securing $43 million at a $500 million valuation.

Money for money: Embat successfully raised $16 million in Series A funding. The company aims to revolutionize the way finance teams work by digitizing and automating processes such as accounting, bank reconciliation, and corporate financial management.

Money for AI: Mistral AI has announced a new large-scale language model, named Mistral Large, aimed at competing with giants like OpenAI's GPT-4, announcing a significant development in its efforts. This announcement was joined by news of strategic partnerships and investments from Microsoft.

This week's big trend: What goes up must come down.

A cartoon rocket takes off and crashes.

Image credits: Bodan Skripnik/Getty Images

A new trend is emerging in the VC ecosystem where investors are eager to back startups that aim to help other startups with their closure process. This trend is gaining momentum against the backdrop of high startup failure rates and a significant slowdown in venture capital funding after the 2021 boom. Startups like Sunset and SimpleClosure are stepping in to give companies a streamlined and painless way to wind down their operations, handling everything from legal and financial logistics to asset disposal and capital return. We are handling it. These services are becoming increasingly important as the number of startups facing closure increases, with more than 3,200 venture-backed U.S. companies closing last year alone.

Google did something stupid: Google has recently found itself in a rather sticky situation because Gemini portrayed the Founding Fathers of the United States (known as white slave owners) as a multicultural group that included people of color. The incident sparked widespread ridicule and criticism, highlighting the challenges of balancing diversity and historical accuracy in AI-generated content.

Apple destroyed self-driving cars: Apple is halting a secret and long-running effort to develop self-driving electric cars, executives announced in a brief meeting with the team Tuesday morning. The company will likely cut hundreds of employees from its team and all work on the project will cease.

I'm the captain now: Byju Raveendran, founder of edtech group Byju's by the same name, told employees on Saturday, a day after a shareholder group voted to fire him, that he remains the company's chief executive and that rumors of his dismissal were “very serious”. “It's exaggerated,” he said. Emergency general meeting.

Other must-see TechCrunch articles. . .

Every week, we have a few stories that just don't fit into the categories above, but we'd like to share with you. It would be a shame if you missed it, so I'd like to introduce you to a bag containing random goods.

Someone please buy our car. Toyota's recently proposed fuel cell vehicle, the 2023 Mirai Limited, is emblematic of the fuel struggle facing the auto industry. The deal effectively reduces the price of the vehicle from $66,000 to $11,000, including discounts and free hydrogen fuel incentives.

Just messing around: Bumble, once a dominant force in the online dating scene, is currently struggling with heavy losses and 350 layoffs.

No, Gmail will not be retired. When there was an online hoax about Google discontinuing Gmail, it added a lot of traffic to old TechCrunch articles. Of course not.

Apple is pouring more resources into AI. Apple CEO Tim Cook has promised that the company will “break new ground” with GenAI this year. He made the announcement at the company's annual general meeting.

Tigers produce 65 billion stripes. Payments infrastructure giant Stripe today announced that it has entered into an agreement with investors to provide liquidity to current and former employees through a tender offer valued at $65 billion.



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