Daily Crunch: OpenAI, Anthropic and Stability AI Receive Half of Sound Ventures’ $240M AI Fund

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Happy Google Day! There’s been a wall of interesting news coming from the search giant and everything else at their I/O event. Christine summarized everything Google has announced at I/O so far, so it’s a good starting point.

Also, it’s a rare treat when the top boss of TechDigiPro joey shares something on the site, breaking down how we’re revolutionizing TechDigiPro Disrupt: 8 stages, 3 days, 1 city. On the Disruption topic, this is your chance to vote for the roundtables and breakout groups you want at the event.

Lots of love, christina and The wine

Table of Contents

TechDigiPro Top 3

  • Spender: Conny He spoke to Sound Ventures’ Effie Epstein to get the inside scoop on which three lucky companies were the recipients of a big chunk of the VC firm’s new AI fund.
  • identified flying object: darrell reports on Vast and SpaceX’s plan to put the first commercial space station into orbit by 2025. And check out Ariago deeper into Vast in the Big Tech section.
  • You have the world in the palm of your hand: Google released PaLM 2, its next-generation large language model. Frederick writes that “PaLM 2 will power Google’s updated Bard chat tool and serve as the base model for most of the search engine giant’s new AI features. See what we have so far in Google I/O news in the Big Tech section.

Startups and VCs

Autonomous delivery startup Nuro is in the midst of a restructuring that will result in layoffs and divert resources from business operations toward R&D, kirsten reports. Nuro declined to share how many of his roughly 1,100 employees will be affected. Employees are expected to know who will be fired by the end of the week.

Natasha L. reports that Clearview was fined yet again, this time in France, for failing to comply with privacy orders. Whether Clearview will ever pay any of these fines remains an open question, as the US-based company has not been cooperating with EU regulators.

There’s another handful for you, too:

3 key metrics for cybersecurity product managers

Image Credits: Tetras Images (Opens in a new window) / Fake Images

Cybersecurity product managers typically measure conversion rates, detection accuracy, and usage/engagement to gain customer insights, but these metrics “may not be what they seem,” writes Ross Haleliuk, an investor who is also chief of product in LimaCharlie.io.

“Context matters a lot, and the realities of different organizations, geographies, cultures, and market segments greatly influence what can be measured and what actions can be taken based on these observations.”

Three more from the TC+ team:

TechDigiPro+ is our membership program that helps start-up founders and teams get ahead of the rest. You can sign up here. Use code “DC” to get 15% off an annual subscription!

big tech inc

It’s Google I/O day, and our team wrote at least 30 stories to deliver all the goodies to your good readers. You can see the full download on the page dedicated to the Google I/O 2023 event, but here are some facts:

Yes, we also have some non-Google news:

Get your TechDigiPro IRL fix. Join us at Disrupt 2023 in San Francisco this September to dive into all things startup. From headline interviews to intimate panel discussions to a packed startup show floor, there’s something for everyone at Disrupt. Save up to $800 when you purchase your pass now through May 15, plus save 15% on top with promo code DC. Learn more.

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