Month: March 2023

To get TechCrunch’s biggest and most important stories delivered to your inbox every day at 3pm PDT; Register here. Fri-yay Crunch! We are very excited that Disruption 2023 has a full platform for fintech. And while we’re talking about events… there are only a few hours left to save $200 on TC Early Stage tickets in Boston over two weeks, so get yer tickets while you can! On that note, enjoy your weekend! – Christine And came TechCrunch’s Top 3 Italy gives chatgpty the boot.: The Italian government has been…

Mother Mostaque, CEO and founder of open source platform Stability AI, hinted at plans to go public in the next few years at the Cerebral Valley AI conference in San Francisco on Thursday. It also shut down the idea that OpenAI’s competitor and leader in the generative artificial intelligence space would ever achieve stability. “I think you can’t just do an IPO,” Mostak said in an interview with journalist Eric Neumer. “You have to have amazing revenue, amazing margins, distributions, and so we’ve been doing it… we’ve been 17 months.”…

The cost of recruiting, training, and on-boarding a poorly performing new employee can be as much as 50% of the individual’s first year’s salary. According to Anastasia Kuzmenko, Head of Talent Acquisition at Flyer One Ventures, “The biggest difference between hiring in a healthy economy and hiring now is that there is no room for mistakes. Hiring the wrong person can lead to many failures in a startup, which is why she advises founders to focus on three critical metrics to “take a more data-driven approach.” Full TechCrunch+ articles are…

We are impatient Let’s meet here at TechCrunch+, so while we await the curated quarterly venture reports from the major startup databases, we’re running our own surveys to get an early look at the state of the fundraising world. As the first quarter draws to a close, we can’t wait to see what’s going on in Europe. Let’s see first. With Techstars decision to exit the Swedish market, earlier this week we took a look at what’s happening to the Swedish startup scene in the United States. Those were useful…

How do you play a game? Monopoly or Settlers of Catan around the dinner table? Mario Kart on your Nintendo Switch? Assassin’s Creed on your Xbox? Among us on your phone? Usually, they are games that have a physical form, console or app. RT is preparing another option to shake up the gaming industry by bringing high-end games to the browser. The advantages are obvious: there are no apps to download, and you can start playing directly from link-in-bio, TikTok, Instagram, and wherever you find links. Also, ditching the app…

Coffee nerds love the ritual of making a good cup of coffee, but once you get old enough, things get complicated very quickly. Making high-quality coffee is a fine dance of grinding, pouring, temperature, and patience, and most of us can’t be bothered to learn enough (or bring enough science into the mix) to drink good coffee. all the time. If you have $800, Xbloom is here to help with the one-touch bean-to-cup system. Each of the coffees in the company requires a slightly different process; Different water levels, temperatures…

Some giant Indian startups are taking a haircut in their valuations, at least in the eyes of their investors, as some backers are adjusting their estimates in a global economy. According to documents seen by TechCrunch, BlackRock has halved the value of Baiju, an Indian startup valued at $22 billion, to $11.5 billion. Indian news outlet The Arch first reported the downgrade. India’s most valuable food delivery startup Swiggy, which started at $10.7 billion, has been valued at around $8 billion by Invesco, a US fund spotted by TechCrush. Baiju…