Source: TechCrunch+ roundup: Minimizing M&A mayhem, cybersecurity PM checklist, open-source AI
Summary
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.”
Fact
💰 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.
Source: As AI consumes search, what will be left for us humans?
Summary
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.
Facts
Source: Autonomous delivery startup Nuro to lay off 30% of workforce
Summary
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.
Fact