Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! This week, we dig into spend management companies’ AI aspirations, and one U.K. fintech’s recent growth. AI ambitions At one…
In 2018, I wrote a TechCrunch article stating that 2018 was “the year social networks were no longer social.” Reflecting on that article, I’m not sure that 2018 was the turning point. But the premise of the article still holds up well. At some point, social networks were no longer about connecting with your closest…
On Friday, the board of OpenAI, the AI startup behind ChatGPT and other viral AI-powered hits, did something unexpected but seemingly well within its right: removed the company’s CEO, Sam Altman. But judging by how the situation’s unfolded, it seems that OpenAI’s investors and partners — and many of its employees — were more comfortable…
Howdy, folks, and welcome to Week in Review (WiR), TechCrunch’s newsletter that recaps the major tech industry happenings over the past week (or so). Microsoft’s Ignite conference, where the tech giant pitched its vision of a “copilot”-powered future, flooded the channels midweek. But there was plenty of note besides. In this edition of WiR, we…
Since the AI frenzy started over a year ago, we’ve seen many, um, interesting use cases for the tech that’s been deemed the greatest innovation since the internet. From AI meant to help sales folks be 5% faster, to AI bots that teach you to understand your human relationships, to AI that writes for you…
OpenAI co-founder and president Greg Brockman has quit the firm, he said Friday, hours after the Microsoft-backed giant abruptly fired its chief executive Sam Altman and assured that Brockman would remain at the startup. Brockman’s sudden departure adds to the day’s uncertainties at OpenAI, following closely on the heels of its maiden developer conference led…
OpenAI co-founder and president Greg Brockman has quit the firm, he said Friday, hours after the Microsoft-backed giant abruptly fired its chief executive Sam Altman and assured that Brockman would remain at the startup. Brockman’s sudden departure adds to the day’s uncertainties at OpenAI, following closely on the heels of its maiden developer conference led…
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s…
The 2023 Los Angeles Auto Show is a wrap — for press, anyway. That means it’s time to recap the big launches, strange details, cars on display and peculiar absences we noticed this year. The highlights include the SUV that’ll make or break Lucid, Amazon’s auto fixation, a pickup that calls Tesla’s Cybertruck to mind…
What price privacy? End-to-end encrypted (E2EE) messaging app Signal has put out an interesting overview of the costs required to develop and maintain its pro-privacy systems which shield user data from tracking by default. The blog post, penned by Signal president Meredith Whittaker and developer Joshua Lund, reveals it’s currently spends around $14 million per…
