TechCrunch9 hours ago‘Mega-deals’ could be inflating overall AI funding figuresverified_publisherTechCrunch - Kyle WiggersIt’s safe to say that VCs struck while the iron was hot this year where it concerned generative AI. While venture capital investments overall fell compared to last year thanks to macroeconomic challenges and other related factors, startups in the generative AI space — and AI more broadly — did quite …
TechCrunch20 hours agoTwilio might actually deserve activist investor attentionverified_publisherTechCrunch - Ron MillerTwilio by most accounts would be considered a startup success story. But after peaking at $400 a share in September 2021, when everyone was riding fantasy valuations, the company has experienced a long plunge to around $66 a share. That kind of performance tends to get the attention of activist …
TechCrunch21 hours agoMetrics that matter: 3 practical observations on valuationverified_publisherTechCrunch - Paris HeymannAs part of the Metrics That Matter series, we’ve written about three analyses to track the path to profitability and two metrics to calibrate retention and expansion. These metrics serve as both outputs and inputs. They are outputs from the activities of people at companies working hard to create …
TechCrunch22 hours agoAnalytics can solve generative AI apps’ product problemverified_publisherTechCrunch - Henry Scott-GreenLarge language models (LLMs) are becoming a commodity. A year after ChatGPT’s release, there’s a straightforward formula to launch an AI assistant: Stick a wrapper around GPT-4, hook it up to a vector database, and invoke some APIs based on user inputs. But if that’s all you do, don’t be surprised …
TechCrunch23 hours agoToday’s AI funding rush reminds me of the fintech investing hype of 2021verified_publisherTechCrunch - Alex WilhelmIt turns out that the massive $642 million round that U.S.-based GPU compute provider CoreWeave just closed was a secondary transaction. I can’t summon a better news event to summarize the current state of investor interest, venture included, in AI-related startups. The Exchange explores startups, …
TechCrunch1 day agoVeteran life sciences firm RA Capital spins up ‘planetary health’ team to ride climate tech waveverified_publisherTechCrunch - Tim De ChantSomething that often gets lost in discussions about climate change is the massive health benefits the world would realize by ceasing to burn fossil fuels. Pollution from coal, oil and natural gas isn’t just responsible for respiratory diseases like asthma and lung cancer, but also strokes, heart …