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California Gov. Gavin Newsom has signed SB 53, a first-in-the-nation bill that sets new transparency requirements on large AI companies. SB 53, which passed the state legislature two weeks ago, requires large AI labs – including OpenAI, Anthropic, Meta, and Google DeepMind – to be transparent about safety protocols. It also ensures whistleblower protections for employees at those companies. In addition, SB 53 creates a mechanism…
ChatGPT users in the U.S. can now make Etsy and Shopify purchases within conversations, marking a next step towards the future of online shopping – both for consumers and the platforms that control product discovery, recommendation, and payments. In other words, OpenAI might be on the path to reshaping who holds power in e-commerce. OpenAI’s new “Instant Checkout” feature is available to ChatGPT Pro, Plus, and Free…
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From coders to CEOs, crypto careers span six-figure salaries to billion-dollar fortunes, shaped by the industry’s market cycles. Developers command high salaries even for junior positions. On average, a North American blockchain developer can earn over $150,000. The crypto job market extends beyond technical positions, with product managers, CTOs and compliance officers all commanding well-compensated…
Smart home technology has come a long way from basic timers and remote controls. Today’s appliances actually think for themselves, learning your habits and preferences to make life easier. These aren’t just gadgets with apps – they’re devices that genuinely understand what you need and when you need it. The best part about these AI-powered…
Manny Medina, previously best-known as the founder of sales automation startup Outreach ($4.4 billion valuation), has wowed investors with his young startup, Paid. Paid just closed an oversubscribed $21.6 million seed round led by Lightspeed. With the €10 million pre-seed round it raised in March, London-based Paid has already raised $33.3 million and hasn’t even…
Venture capitalists have convinced themselves they’ve found the next big investing edge: using AI to wring software-like margins out of traditionally labor-intensive services businesses. The strategy involves acquiring mature professional services firms, implementing AI to automate tasks, then using the improved cash flow to roll up more companies. Leading the charge is General Catalyst (GC),…
It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 trillion and $4…
“One of the key things to understand about cybersecurity is that it’s a mind game,” Ami Luttwak, chief technologist at cybersecurity firm Wiz, told TechCrunch on a recent episode of Equity. “If there’s a new technology wave coming, there are new opportunities for [attackers] to start using it.” As enterprises rush to embed AI into…
The choice between Bitcoin and stocks isn’t simple. Here’s how analysts and data reveal how investors can approach it. Stocks may survive AI disruption if they adapt quickly to changing technological and economic demands. New businesses spurred by AI, such as robotics, biotech or space, are expected to drive growth, and the stocks mirroring such…