Good afternoon, and welcome to TechCrunch PM. In today’s news, we hope Apple’s iOS 18 doesn’t disappoint because it’s just been hyped to the extreme. Plus, the European Union says ChatGPT has some ’splaining to do and that finsta account you have could turn into a real one. Let’s go! — Christine

TechCrunch PM Top 3

Apple’s iOS 18 may be ‘the biggest’ software update in iPhone history: Are you ready for Apple’s iOS 18? You better be because it’s going to be off the chain according to Bloomberg. Reporter Mark Gurman says iOS 18 is expected to be “one of the biggest iOS updates — if not the biggest — in the company’s history.” We don’t have specifics on what will be so great, so we’ll all have to wait until June.

Arrival’s spectacular fall continues with a delisting from Nasdaq: The move follows the commercial EV startup being late in posting financial results and failing to file a remediation plan with the exchange. It comes two months after Arrival secured a $50 million lifeline that it hoped would keep the company going as it explored options.

ChatGPT is violating Europe’s privacy laws: Italy’s data protection agency tells OpenAI it’s suspected of violating European Union privacy following months-long investigation. The company now has 30 days to respond.

More top reads

Compa gives real-time compensation: When you get that new job, you definitely want to be paid what the market is saying your skills and experience are worth. Compa helps companies know that before they offer you the job.

Yes, Flipside is coming: Instagram confirmed that the social media company is testing Flipside, an experiment that would essentially turn users’ “finstas” — their separate, private, and more personal accounts — into a new product feature.

Let’s Zoom tonight: If you’re getting an Apple Vision Pro, Zoom will be on there with its visionOS app that has, among other things, “persona” support for users to use a digital avatar during calls, 3D object sharing and a chat feature.

Talking about AI’s role in all these tech layoffs: Artificial intelligence does have its role to play, and while generative AI still has a ways to go in replacing a human, some of the job cuts we see today say it’s coming.

Here’s a good AI example: Speaking of AI doing the work of humans, the giving of venture capital is largely a human-led thing. Cap VC is launching a tool for venture capital firms and has plans to expand that to startups raising money. All in the vein of making better investment decisions, faster, using AI.

Is Reddit’s IPO worth $5B?: Over on TechCrunch+, that’s the question Alex Wilhelm works on answering.

Know if you need the umbrella before you step out of the house: The forecasting of weather keeps getting better and better. Now, thanks to Tomorrow.io’s two radar satellites — and machine learning — we will know more than just if it is going to rain today.

On the pods

On today’s Equity, Alex runs down the list of what to expect this week in terms of Big Tech earnings. He also looks, among other things, at Arc’s new mobile app, Reddit’s IPO and what Garry Tan said. Listen here.

But wait, in case you missed it this morning, there’s a bonus Equity from over the weekend with Crunchbase’s Gené Teare, who discussed venture capital data and said there could be good news on the horizon. Listen here.

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