Investors are split on whether FOMO is driving them to invest in AI start-ups, with some jumping in headfirst and others opting to back ‘ChatGPT for X’ spin-outs. Analysts are suggesting that open-source foundation models could level the playing field, address concerns surrounding bias and/or privacy, and make AI more accessible to smaller companies. Meanwhile, writing in TechCrunch+, Frank Roe, CEO of SmartBear, shared “five indispensable elements to consider for a successful mergers and acquisitions journey.”
💰 Investors are split on whether FOMO is driving investment in AI start-ups.
🤝 A merger or acquisition is the start of a new relationship – here are five things to consider for a successful journey.
🧠 Could open-source foundation models help level the playing field in AI?
📈 Cybersecurity product managers need to reassess “customer insights” metrics.
Google is experimenting with AI technology to bring about the first major overhaul in the search industry in a long time. The changes, which will preclude the need to visit websites to find answers, may negatively impact media companies, bloggers, and startups.
Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, to restructure and focus on R&D activities instead of commercial operations. This will help Nuro extend its capital runway and operate for another three years without raising more money.