Welcome back to Week in Review! We’ve got lots of news for you this week: There were CEO shake-ups at Instacart and 11x; the web series is back — kind of; Threads is getting video ads; and much more. Let’s get to it! Big move: Instacart CEO Fidji Simo will become OpenAI’s CEO for Applications,
OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises’ AI spend, according to transaction data from fintech firm Ramp. According to Ramp’s AI Index, which estimates the business adoption rate of AI products by drawing on Ramp’s card and bill pay data, 32.4% of U.S. businesses were paying for
Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch. Other investors in the round include Khosla Ventures and Madrona. Based in San Francisco, Recraft previously raised a $12
For years, U.S.-based tech companies have tapped into India’s vast and increasing internet user base for growth. OpenAI is no exception. But while the AI lab claims that India is one of its fastest-growing ChatGPT markets, third-party data suggests that OpenAI may be struggling to turn that momentum into revenue. According to analytics firm SensorTower,
A new study appears to lend credence to allegations that OpenAI trained at least some of its AI models on copyrighted content. OpenAI is embroiled in suits brought by authors, programmers, and other rights-holders who accuse the company of using their works — books, codebases, and so on — to develop its models without permission.
When OpenAI debuted its image-generation feature in ChatGPT last week, social media exploded when users realized that they could make AI-generated images that looked like something out of an animated film from Studio Ghibli. Fans hoped that Studio Ghibli mastermind Hayao Miyazaki would take a stand, but the 84-year-old animator has remained silent. In the
OpenAI will soon begin testing a way for business customers to connect apps like Slack and Google Drive to ChatGPT. OpenAI plans to start beta testing a new feature called ChatGPT Connectors, according to a document viewed by TechCrunch. ChatGPT Connectors will allow ChatGPT Team subscribers to link workspace Google Drive and Slack accounts to
Welcome back to Week in Review! I’m Karyne Levy, TechCrunch’s deputy managing editor, and I’ll be writing this newsletter from here on out. Thrilled to be here! This week we’re checking out everything at SXSW; Waymo’s expansion into Silicon Valley; Intel’s new CEO; TikTok’s new suitor; and why DeepSeek isn’t taking VC money. Let’s get
SoftBank is marching ahead on its ambitions to build out a major AI operation in its home market of Japan, on its own steam and in strategic partnership with others like OpenAI. On Friday, the tech company confirmed it would pay $676 million for a factory previously used by Sharp to build LCD panels and
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership
