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Fly yeah crunch!
We are very excited that Disrupt 2023 will have an entire fintech-focused stage. While we’re talking about events, you can save $200 on TC early stage tickets in Boston in just a few hours. Get your tickets in a few weeks.
In that sense, enjoy your weekend! — Christine and he came
TechCrunch Top 3
- Italy launches ChatGPT: The Italian government has been sabotaging these days. A few days ago we wrote about a possible ban on cultured meat, but today Italy wants to block her ChatGPT, citing data protection concerns. Natasha L. writes that national data protection authorities have launched an investigation into whether OpenAI violates the EU’s General Data Protection Regulation.
- Groupon Gets Czech Books: Ingrid Groupon has reportedly lost 99.4% of its value since its IPO and is now hiring a new CEO to run the business from the Czech Republic.
- geo starts the game: mannish Mukesh Ambani, CEO of Indian streaming giant Jio, has called the Indian Premier League cricket tournament “adopting Jio’s service despite the company realizing that cricket streaming will not be profitable for several years.” We see it as a great opportunity to revamp our strategy.”
Startups and VC
What do you do when a highly successful and popular product (marijuana) is legal in some areas but has been a Schedule 1 drug in the federal government since 1970? We cannot rely on national institutions as he came report. One of the main places it appears is in payments and payment processing. Even after recreational marijuana has been legalized in 21 states and decriminalized in a dozen or so, cannabis remains primarily a cash business. In an increasingly cashless world, that’s a problem for both consumers and businesses. Smoakland is currently beta testing a loophole that allows customers to pay with credit cards. The secret turned out to be a cipher.
Need a little more to get over the long dark gap of “less tech news” known as the weekend?
Yeah, of course, the winter class of YC is oozing with AI companies
Image credit: Getty Images
Just over a third of fledgling startups who attended Y Combinator’s latest class said they were an AI company or used AI in some way, reports Rebecca Szkutak. I’m here.
“You can’t blame YC companies for their AI leanings,” she wrote. “If you see VCs pouring dollars into technology like AI that you can implement in your own business in a tighter funding market, why not?”
Three more from the TC+ team:
TechCrunch+ is a membership program that keeps founders and startup teams a step ahead. You can sign up hereUse code ‘DC’ and get 15% off your annual subscription!
Big Tech Co., Ltd.
Checkout.com’s new president recently said: Mary Ann About being bullish about US expansion and how they “welcome” the comparison to Stripe. Celine Dufettel has this to say about the payments industry this year: Business leaders are increasingly recognizing the measurable impact of high-performance payment systems in maximizing acceptance rates, minimizing costly fraud concerns, and reducing operational costs. ”
In addition, there are five