GPT-4’s new capabilities power a ‘virtual volunteer’ for the visually impaired

OpenAI has introduced the world to its latest powerful AI model, GPT-4, and refreshingly the first thing they partnered up on with its new capabilities is helping people with visual impairments. Be My Eyes, which lets blind and low vision folks ask sighted people to describe what their phone sees,

Anthropic launches Claude, a chatbot to rival OpenAI’s ChatGPT

Anthropic, a startup co-founded by ex-OpenAI employees, today launched something of a rival to the viral sensation ChatGPT. Called Claude, Anthropic’s AI — a chatbot — can be instructed to perform a range of tasks, including searching across documents, summarizing, writing and cod

3 investors presage the future of startups and VC following SVB's downfall

To put it mildly, the meteoric collapse of Silicon Valley Bank has been a historic time of confusion for everyone the startup ecosystem touches. VCs are wringing their hands (or not) over how they can help their portfolio companies; startup founders and CEOs are running about trying their very best

Metaverse payment platform Tilia gets strategic investment from J.P. Morgan

“Today, the way people transact has evolved,” newly appointed chief business officer (CBO) of Tilia Catherine Porter told me in an interview. “The rise of user-generated content (UGC) across gaming worlds, social platforms and beyond means that we need a way for users to pay other

Copy that: RightHub wants to be the command center for intellectual property management

An entrepreneur might have the best idea since sliced bread, but if they’re unable to protect it with the relevant patents, trademarks or copyrights, there’s a good chance they won’t see the fruits that their labor otherwise might deserve. However, the intellectual property (IP) m

AG5 throws a lifeline to a manufacturing industry drowning in spreadsheets

You’d think that an industry like manufacturing had its own software stack, but in a lot of cases, a huge amount of getting-things-made is managed through Excel spreadsheets. The thing is, spreadsheets are great for many things, but for manufacturing, and especially on the people-management f

Indonesia’s Broom builds out automated asset-backed lending for used car dealers

The Indonesian used car market is on a course for growth fueled by a number of trends: the increasing digitization in used car sales; a larger variety of finance options; and the COVID-19 pandemic, which pushed the idea of private car ownership.  Broom, an Indonesia-based auto-financing startup t

Silicon Valley Bank's new CEO sends letter to clients: 'We are conducting business as usual'

Silicon Valley Bank's clients received a surprising email in their inboxes late Monday evening from the bank's new CEO Tim Mayopoulos stating that the institution was not only open, it was also business as usual. “Silicon Valley Bank, N.A. is open and conducting business as usual,” the

Finding your startup’s valuation: An angel investor explains how

During an economic downturn, investors with money in financial vehicles such as mutual funds and ETFs may have a portfolio that has substantially declined in value. So since they have less money overall, their motivation to invest in risky assets takes a hit. From an investor's perspective, val

Despite 2022’s volatility, VC funds performed better than you think

Over the last year, the venture industry has had a tough time. Many feared that the bull market had pushed valuations to unsustainable heights and would result in a windfall of startup down rounds and cash burn, which would have a negative impact on VC fund performance. But before SVB failed, it wa

Some international regulators froze assets of local SVB branches

As the situation is starting to solidify around Silicon Valley Bank, many international companies that interacted in one way or another with the regional U.S. bank are now trying to understand the implications of the bank failure. Regulators in Canada and Germany have decided to freeze Silicon Vall

Mercury expands FDIC insurance up to $3M through new Vault product

Mercury, a startup that provides banking services for other startups, is offering customers expanded FDIC insurance of up to $3 million via a new product in the wake of Silicon Valley Bank’s collapse. That's 12x the industry standard for institutions of $250,000 in FDIC insurance that oth

Product-led growth is propelling a wave of sales tools startups

This might be the year when we see more companies adopting sales tools that bridge the gap between traditional CRMs and product-led growth models to help sales teams more effectively convert leads with the help of usage data. Why is this happening now? Well, companies are going hybrid, whether with

123 Baby Box delivers for parents seeking children's products without the hassle

The internet is a big place, and there are millions of recommendations for products tailored to babies. So how do you find the right products? And why would you trust a 20-something person with no children to help you? Well, Zarina Bahadur got her inspiration, actually, from a mother in the grocery