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| Why, hello there, and welcome to your Tuesday Daily Crunch. Iâll be your host this week while Haje works from an undisclosed location where day is night and night is day. If you arenât enjoying todayâs Found podcast about tampons, we hope you at least saw stars at the TC Sessions: Space event. Letâs dig into some news! â Christine |
|  Image Credits: Lensa AI |
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The TechCrunch Top 3 - First AI, now soft porn: Weâve written recently about artificial intelligence and porn, but as everyone has run to the App Store to try out Lensa AIâs avatars, Haje finds out that, as he put it, âitâs way too easy to trick Lensa AI into making NSFW images.â Canât say we didnât see that coming. In fact, Taylor is over here raising red flags.
- Robinhood is getting into retirement: Mary Ann reports that Robinhood is moving into the individual retirement account game, offering a 1% match on every dollar contributed â the company says this is an industry first. And itâs not going after the typical saver. Instead, it is targeting gig workers and contractors who often donât have that ability outside of traditional workplaces.
- Email is life: To some people, no access to email might be relaxing, but for those whose email was affected by the recent Rackspace outage, we hope Carlyâs story sheds some light on what has been happening. It was indeed a ransomware attack.
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Startups and VC The venture market has been a tough one for many startups trying to get a better hold on their runway. So when a scrappy young company is able to raise in this environment, Alexâs ears perk up. He spoke to Cacheflow, which builds tools for the software sales closing process, about the $10 million raise that doubled its valuation. And speaking of industries hit hard by the market, Ingrid reports on some good news for the beleaguered quick commerce sector, where Norwegian grocery delivery company Oda grabbed $151 million, but at a lower valuation of $353 million. And we have five more for you: |
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| A study conducted recently by purchasing management platform Vertice found that one out of every eight dollars spent by enterprises goes to SaaS products. “Itâs not surprising when you consider the average organization now uses around 110 SaaS solutions,” reports Kyle Wiggers. As a result, customers are spending 53% more on software licensing today than in 2017. âMost organizations have grown their portfolio of software vendors dramatically over the past 10 years,â said Stephen White, senior director analyst at Gartner. âItâs not uncommon to have more than doubled that vendor portfolio.â Four more from the TC+ team: TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code âDCâ for a 15% discount on an annual subscription! Read More |
|  Image Credits: Ong-ad Nuseewor / Getty Images |
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Big Tech Inc. We are now looking at an age where human journalists just might become obsolete (probably not, but yikes anyway). Natasha L had a conversation with OpenAIâs ChatGPT about its functions and limitations. We wonât spoil it for you. And we have five more for you: |
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