Startups

Startups Weekly: It’s the dawning of the age of AI — plus, Musk is raging against the machine

Comment

Image Credits: Google

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday.

We’ve been drowning in AI news this week. Google’s I/O set the pace: At its keynote, the word “AI” came up on average once per minute throughout its two-hour keynote. Yowzers! Here’s the DL on Google’s AI plans.

OpenAI just dropped GPT-4o — the AI model that’s ChatGPT on steroids. This new “omni” wonder-child can handle text, speech, and video like a multitasking prodigy hopped up on espresso shots. Also, OpenAI’s co-founder and chief scientist Ilya Sutskever decided to jump ship. The guy who basically helped build the brain of our future AI overlords is off to chase some “personally meaningful” rainbows.

Meanwhile, OpenAI is now considering AI-generated porn. Yes, you read that right — it seems like our future involves robots with an artistic flair for NSFW content. The company wants to “responsibly” generate explicit images and text without violating laws or rights. Between you and me, letting Skynet dabble in adult entertainment seems anything but responsible, but I guess you’ll have to stay tuned for more updates on this roller-coaster ride because it seems we’re hurtling toward an X-rated tech dystopia faster than you can say “algo-rotica.”

Oh, and it’s also worth noting that Anthropic has let kids join the AI party, but only if developers play by the company’s rules. Teens can access third-party apps using Anthropic’s AI — just not Anthropic’s own apps — provided these apps include safety features like age verification and content filtering and a wall of “comply with COPPA” signs plastered to every surface.

Did anything happen outside of AI land? Sure, let’s take a look …

Most interesting startup stories from the week

Ready to hand over your love life to a robot? Bumble’s Whitney Wolfe Herd thinks it’s time for bots to date other bots, all in the name of fostering “healthy and equitable relationships.” Picture this: An AI “dating concierge” critiques your insecurities and then sends its own bot on a test run with another bot. If sparks fly, maybe you get a match! It’s basically Tinder meets “Black Mirror” episode “Hang the DJ” minus the dystopian charm. While some folks are snickering, others are wondering if living vicariously through digital avatars is any worse than swiping right on someone because they have a cute dog in their profile pic. Truly, the modernest of romances.

  • Ring ring, who is that? Your creaking bones: Ready to feel ancient? Oura’s new smart ring features promise to tell you just how decrepit your heart really is with the Cardiovascular Age metric. It’s like a magic mirror, but for your arteries.
  • From cradle to cradle: Gather ’round, exhausted parents and eco-warriors! Alora Baby is here to rescue you from the endless parade of landfill-bound baby gear. The startup has decided that your little angel’s leftover crib shouldn’t have a one-way ticket to Trashville. Instead, it’s pioneering “remanufactured” products that are as good as new (or so they claim).
  • Domo Arigato: Kyle Vogt, the man who, with Cruise, brought us self-driving cars that sometimes forget pedestrians exist, is back with a new venture: robots to do your chores. Vogt’s latest brainchild, the Bot Company, has already scored $150 million in funding. One can only hope these bots have better spatial awareness than his last project.
Man wearing Oura ring eating an orange slice
A man wears an Oura ring.
Image Credits: Oura

Most interesting fundraises this week

Ever lost a bet and ended up founding a company? Nicholas Johnson has, and now he’s here to save apartment-dwelling EV owners from the slow death of 120-volt outlets. Enter Orange Charger, peddling $750 smart outlets that’ll juice up your ride without landlords breaking into cold sweats over installation costs. The company raised a $6.5 million oversubscribed seed round

In a plot twist straight out of Silicon Valley’s soap opera, Permira is taking Squarespace private in a $6.9 billion cash deal. The website builder you probably used to start your probably-now-abandoned blog just got snapped up by some very serious people with very deep pockets. After riding the roller coaster of public trading and seeing its stock yo-yo like it was auditioning for Cirque du Soleil, Squarespace will be tucked away from prying market eyes once more.

  • Layer? I barely know ’er!: QuickBooks, meet your new nemesis: Layer. This San Francisco-based startup has just snagged $2.3 million to unseat the accounting giant by embedding bookkeeping tools directly into platforms like Square and Toast.
  • Spicy noms: In a world where Sysco and US Foods reign supreme, Pepper is the feisty underdog that’s shaking up the B2B food e-commerce scene. With a fresh $30 million cash injection led by ICONIQ Growth, Pepper is giving small distributors some serious tech muscle to fight back against the big boys.
  • Won’t you be my neighbor?: Welcome to the world of PayHOA, where Kentucky charm meets SaaS brilliance. This once-bootstrapped startup just pocketed a cool $27.5 million in Series A funding — seems that even your local HOA needs cloud-based financial wizardry these days.
Squarespace headquarters in New York, US, on Tuesday, March 7, 2023.
Image Credits: Bloomberg / Contributor / Getty Images

Other unmissable TechCrunch stories …

In the latest episode of “Elon Musk Does Whatever He Wants,” the social media platform formerly known as Twitter now flags the words “cis” and “cisgender” as slurs. Yes, really. While actual hate speech targeting marginalized groups skates by unscathed, using a term recognized by medical and government authorities will get you a full-screen warning. It’s almost like Elon is trying to make X a hostile environment for anyone who isn’t aligned with his new extremist fanbase. Never mind that the vast majority of people on the platform are cisgender — if you use the word (or just enjoy basic human decency), consider this your cue to exit stage left.

Oh, and apropos Musk doing whatever he damn well pleases … Guess what happens when you put Elon Musk and a profitable division in the same room? You fire it, of course! Tesla’s Supercharger network — an EV owner’s dream with its 50,000+ global charging ports — is now in complete disarray after Musk axed the entire team.

  • Are you gonna go my way?: Uber’s latest brainwave to solve the concert traffic nightmare: shuttle buses. Inspired by their success in India and Egypt, Uber is launching a shuttle service in U.S. cities this summer for concerts, sports events, and airport trips — because everyone loves being packed like sardines with strangers.
  • Crushing disappointment: Buckle up, folks, because Apple’s latest attempt at marketing the new iPad Pro is a masterclass in how to alienate your creative fanbase. In its “Crush” ad, they thought it would be super cool to show an iPad smashing traditional art supplies into oblivion. Spoiler: It wasn’t.
  • Are you on tonight?: Ever wonder how to manage a mob of frontline employees without losing your mind? Enter Sona, the superhero workforce management platform that just bagged $27.5 million to revolutionize shift scheduling and timesheets for all those who keep society running while we binge-watch Netflix.
  • Zeekr and you shall find: Zeekr, the Chinese luxury EV brand owned by Geely, made a grand entrance on the New York Stock Exchange, becoming the first major U.S. listing from China since 2021. Investors went wild, sending Zeekr’s stock price soaring 38% in minutes and valuing it at a cool $7 billion.
  • A lightweight solution to a heavyweight problem: In a world where everyone’s either on a fad diet or popping miracle weight-loss pills, Sammy Faycurry decided to actually do something useful: create a startup that helps registered dietitians start their own practices and get covered by insurance.

More TechCrunch

Featured Article

VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market

VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into such deals at all. Yet, small, unknown investors, including family offices and high-net-worth individuals, have found their own way to get shares of the hottest…

18 mins ago
VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market

The fashion industry has a huge problem: Despite many returned items being unworn or undamaged, a lot, if not the majority, end up in the trash. An estimated 9.5 billion…

Deal Dive: How (Re)vive grew 10x last year by helping retailers recycle and sell returned items

Tumblr officially shut down “Tips,” an opt-in feature where creators could receive one-time payments from their followers.  As of today, the tipping icon has automatically disappeared from all posts and…

You can no longer use Tumblr’s tipping feature 

Generative AI improvements are increasingly being made through data curation and collection — not architectural — improvements. Big Tech has an advantage.

AI training data has a price tag that only Big Tech can afford

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: Can we (and could we ever) trust OpenAI?

Jasper Health, a cancer care platform startup, laid off a substantial part of its workforce, TechCrunch has learned.

General Catalyst-backed Jasper Health lays off staff

Featured Article

Live Nation confirms Ticketmaster was hacked, says personal information stolen in data breach

Live Nation says its Ticketmaster subsidiary was hacked. A hacker claims to be selling 560 million customer records.

19 hours ago
Live Nation confirms Ticketmaster was hacked, says personal information stolen in data breach

Featured Article

Inside EV startup Fisker’s collapse: how the company crumbled under its founders’ whims

An autonomous pod. A solid-state battery-powered sports car. An electric pickup truck. A convertible grand tourer EV with up to 600 miles of range. A “fully connected mobility device” for young urban innovators to be built by Foxconn and priced under $30,000. The next Popemobile. Over the past eight years, famed vehicle designer Henrik Fisker…

19 hours ago
Inside EV startup Fisker’s collapse: how the company crumbled under its founders’ whims

Late Friday afternoon, a time window companies usually reserve for unflattering disclosures, AI startup Hugging Face said that its security team earlier this week detected “unauthorized access” to Spaces, Hugging…

Hugging Face says it detected ‘unauthorized access’ to its AI model hosting platform

Featured Article

Hacked, leaked, exposed: Why you should never use stalkerware apps

Using stalkerware is creepy, unethical, potentially illegal, and puts your data and that of your loved ones in danger.

20 hours ago
Hacked, leaked, exposed: Why you should never use stalkerware apps

The design brief was simple: each grind and dry cycle had to be completed before breakfast. Here’s how Mill made it happen.

Mill’s redesigned food waste bin really is faster and quieter than before

Google is embarrassed about its AI Overviews, too. After a deluge of dunks and memes over the past week, which cracked on the poor quality and outright misinformation that arose…

Google admits its AI Overviews need work, but we’re all helping it beta test

Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. In…

Startups Weekly: Musk raises $6B for AI and the fintech dominoes are falling

The product, which ZeroMark calls a “fire control system,” has two components: a small computer that has sensors, like lidar and electro-optical, and a motorized buttstock.

a16z-backed ZeroMark wants to give soldiers guns that don’t miss against drones

The RAW Dating App aims to shake up the dating scheme by shedding the fake, TikTok-ified, heavily filtered photos and replacing them with a more genuine, unvarnished experience. The app…

Pitch Deck Teardown: RAW Dating App’s $3M angel deck

Yes, we’re calling it “ThreadsDeck” now. At least that’s the tag many are using to describe the new user interface for Instagram’s X competitor, Threads, which resembles the column-based format…

‘ThreadsDeck’ arrived just in time for the Trump verdict

Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million.  According to…

Hackers steal $305M from DMM Bitcoin crypto exchange

This is not a drill! Today marks the final day to secure your early-bird tickets for TechCrunch Disrupt 2024 at a significantly reduced rate. At midnight tonight, May 31, ticket…

Disrupt 2024 early-bird prices end at midnight

Instagram is testing a way for creators to experiment with reels without committing to having them displayed on their profiles, giving the social network a possible edge over TikTok and…

Instagram tests ‘trial reels’ that don’t display to a creator’s followers

U.S. federal regulators have requested more information from Zoox, Amazon’s self-driving unit, as part of an investigation into rear-end crash risks posed by unexpected braking. The National Highway Traffic Safety…

Feds tell Zoox to send more info about autonomous vehicles suddenly braking

You thought the hottest rap battle of the summer was between Kendrick Lamar and Drake. You were wrong. It’s between Canva and an enterprise CIO. At its Canva Create event…

Canva’s rap battle is part of a long legacy of Silicon Valley cringe

Voice cloning startup ElevenLabs introduced a new tool for users to generate sound effects through prompts today after announcing the project back in February.

ElevenLabs debuts AI-powered tool to generate sound effects

We caught up with Antler founder and CEO Magnus Grimeland about the startup scene in Asia, the current tech startup trends in the region and investment approaches during the rise…

VC firm Antler’s CEO says Asia presents ‘biggest opportunity’ in the world for growth

Temu is to face Europe’s strictest rules after being designated as a “very large online platform” under the Digital Services Act (DSA).

Chinese e-commerce marketplace Temu faces stricter EU rules as a ‘very large online platform’

Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using the social networks ahead of next month’s European Elections.…

Spain bans Meta from launching election features on Facebook, Instagram over privacy fears

Stripe, the world’s most valuable fintech startup, said on Friday that it will temporarily move to an invite-only model for new account sign-ups in India, calling the move “a tough…

Stripe curbs its India ambitions over regulatory situation

The 2024 election is likely to be the first in which faked audio and video of candidates is a serious factor. As campaigns warm up, voters should be aware: voice…

Voice cloning of political figures is still easy as pie

When Alex Ewing was a kid growing up in Purcell, Oklahoma, he knew how close he was to home based on which billboards he could see out the car window.…

OneScreen.ai brings startup ads to billboards and NYC’s subway

SpaceX’s massive Starship rocket could take to the skies for the fourth time on June 5, with the primary objective of evaluating the second stage’s reusable heat shield as the…

SpaceX sent Starship to orbit — the next launch will try to bring it back

Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly $4 billion,…

Billionaire Groupon founder Eric Lefkofsky is back with another IPO: AI health tech Tempus