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For many people around the world, braille is their primary language for reading books and articles, and digital braille readers are an important part of that. The newest and fanciest yet is the Monarch, a multipurpose device that uses the startup Dot’s tactile display technology. The Monarch is a collaboration between HumanWare and the American […] The Monarch could be the next big thing in Braille by Devin Coldewey originally published on TechCrunch

One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries, SVB Financial has taken the next inevitable step: today it announced that it has formally filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of […] SVB Financial files for Ch. 11 bankruptcy protection, says it has $2.2B in liquidity by Ingrid Lunden originally published on TechCrunch

PhonePe has raised another $200 million as part of an ongoing round, a deliberation that has now helped it pull $650 million in recent weeks despite the market slump, as the Indian fintech giant bulks up its war chest following the recent separation from the parent firm Flipkart. Walmart, which owns the majority of PhonePe, […] Walmart invests $200 million in Indian mobile payments giant PhonePe by Manish Singh originally published on TechCrunch

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: Microsoft waives its waitlist and opens up its AI-powered Bing chatbot to all by Christine Hall originally published on TechCrunch

Sidechat, the anonymous posting platform that began blowing up last year on college campuses, appears to have acquired a rival anonymous social platform, Yik Yak. While you may recall Yik Yak’s troubles from earlier years, where bullying and harassment ultimately led to an ignominious exit in the form of an acquihire by Square, the gossip […] Anonymous app Sidechat picks up rival Yik Yak…and users aren’t happy by Sarah Perez originally published on TechCrunch

Spanish upskilling startup StudentFinance used this deck to raise a $41 million Series A. Pitch Deck Teardown: StudentFinance’s $41M Series A deck by Haje Jan Kamps originally published on TechCrunch

Cloud costs remain a top concern for organizations. According to a recent Anodot survey, 50% of businesses are struggling to control them, in part because they lack visibility into their cloud usage. Unsurprisingly, reducing those costs has become a top priority. A report from Wanclouds finds that 81% of IT leaders have been directed by […] Cast AI raises $20M to help companies reduce cloud spend by Kyle Wiggers originally published on TechCrunch

Parker emerged from stealth Thursday with $157 million in equity and debt funding with a corporate card for e-commerce brands. Here’s a new corporate card startup, backed by $157M in equity, debt, going after Brex, Ramp by Christine Hall originally published on TechCrunch

In the wake of the pandemic, more and more companies are relying on independent contractors to sustain and grow their businesses — and more people are turning to freelancing. According to a Fiverr poll, 45% of businesses are using more freelancers than before the pandemic. And Fiverr rival Upwork found that 39% of the U.S. […] Wingspan raises $14M for its all-in-one payroll platform for contractors by Kyle Wiggers originally published on TechCrunch

There’s a long-standing debate in the world of logistics robotics. On one side stand the greenfield folk, who insist that the best possible experience is one built from the ground up, with these automated systems at its core. Brownfield proponents, on the other hand, point to the time and money required for a full rebuild. […] Nimble makes the leap to fully automated third-party logistics warehouses by Brian Heater originally published on TechCrunch

I worked in the U.S. on an L-1B for a year, and then changed to an H-1B before I moved back to India. What are my options for returning? Dear Sophie: How can I return to the United States as a founder? by Walter Thompson originally published on TechCrunch

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: T-Mobile buys Mint Mobile’s parent company in a deal worth up to $1.35B by Christine Hall originally published on TechCrunch

In another sign that the current VC appetite for AI is insatiable, Adept, a startup building AI that “enables humans and computers to work together creatively to solve problems,” yesterday announced that it raised $350 million in a Series B funding round co-led by General Catalyst and Spark Capital with participation from Addition, Greylock, Atlassian […] Adept, a startup training AI to use existing software and APIs, raises $350M by Kyle Wiggers originally published on TechCrunch

U.K. Chancellor Jeremy Hunt went a small way toward addressing concerns over proposed research and development (R&D) tax credit cuts for small-and-medium sized enterprises (SMEs). But he stopped short of the u-turn some had hoped for following the Government’s Autumn Statement last November. Today’s announcement came as part of the U.K.’s Spring Budget, where Hunt […] UK Spring Budget: Government trumpets improved tax relief scheme for ‘R&D-intensive SMEs’ by Paul Sawers originally published on TechCrunch

Lenskart has signed a definitive agreement to raise $500 million from the Abu Dhabi Investment Authority, they said Wednesday, at the height of the market slump as the Indian eyewear retailer bulks up its offerings and scales to international markets. The investment, an extension to last year’s round, helps the startup retain its $4.5 billion […] ADIA invests $500 million in Lenskart by Manish Singh originally published on TechCrunch

Code editors are complex and demanding pieces of software, but from a business standpoint, they’re notoriously difficult to monetize. At the same time, they haven’t kept pace with recent trends like work-from-home collaboration. At least, that’s how Nathan Sobo sees it. “Coding is inherently social, yet the tools available for talking about code limit the […] Zed raises $10M for a code editor built for collaboration by Kyle Wiggers originally published on TechCrunch

Snapchat launched parental controls on its app last year through the new ‘Family Center’ feature. Today, the company announced through a post on its online Privacy and Safety Hub it will now add content filtering capabilities that will allow parents to restrict teens from being exposed to content identified as sensitive or suggestive. To enable […] Snapchat adds new parental controls that block ‘sensitive’ and ‘suggestive’ content from viewing by teens by Ivan Mehta originally published on TechCrunch

Entrée chefs prepare restaurant-quality meals that are delivered in packaging to prevent food from arriving soggy or cold. Fine-dining meals delivered to your home are just an Entrée order away by Christine Hall originally published on TechCrunch

Yesterday, OpenAI unveiled its new GPT-4 model and competitor Anthropic unveiled its own ChatGPT competitor Claude. Parallelly, Quora announced that its chatbot app Poe will now have a paid tier that will let you ask questions to bots powered by these models. Poe subscriptions will set you back $19.99 per month or $199.99 per year, […] Quora’s Poe is launching subscriptions to let you chat with GPT-4 powered bot by Ivan Mehta originally published on TechCrunch

Healy Jones Contributor Share on Twitter Healy Jones runs financial planning and analysis for Kruze Consulting. Growth at all costs is out — and cutting burn and extending runway is in. And now that many startups are running through the venture funding they raised in the go-go-go times of pre-2021, many founders are facing the […] Zero-based budgeting: A proven framework for extending runway by Jenna Routenberg originally published on TechCrunch

The Nest Protect is the single best piece of smart home hardware I’ve ever purchased. Not everything in your home would benefit from being connected, but smoke detectors really do. They go a long way toward providing peace of mind when you’re away from home. Hopefully you’ll never need it, but if you do, it […] Torch is building solar-powered outdoor sensors to spot wildfires early by Brian Heater originally published on TechCrunch

One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., has raised $10 million in a funding round led by the South Korean gaming company Krafton. The Gurugram-based startup is building an Amazon-like platform to help brands quickly find relevant influencers for their marketing campaigns. It […] Krafton backs Indian influencer marketing platform One Impression in $10M funding by Jagmeet Singh originally published on TechCrunch

When Masaya Aso worked on autonomous driving technology at Bosch in Japan and Germany, he realized that “many tasks were still manual as over 85% of warehouses have almost no automation at all.”  To help address the problem, Aso co-founded LexxPluss, a now two-year-old, Japan-based startup that designs and develop autonomous mobile robots to transport […] LexxPluss expands into US with its warehouse robots by Kate Park originally published on TechCrunch

HealthPlix, an Indian startup offering its in-house platform for doctors to help record patient data digitally, has raised $22 million in fresh investment to broaden its reach in the country and allow more doctors to utilize its software to offer improved care to their patients. In India, roughly 300,000 doctors practice medicine regularly. However, this […] India’s HealthPlix raises $22M to accelerate growth and enhance healthcare delivery by Jagmeet Singh originally published on TechCrunch

OpenAI has built a version of GPT-4, its latest text-generating model, that can “remember” roughly 50 pages of content thanks to a greatly expanded context window. That might not sound significant. But it’s five times as much information as the vanilla GPT-4 can hold in its “memory” and eight times as much as GPT-3. “The […] OpenAI is testing a version of GPT-4 that can ‘remember’ long conversations by Kyle Wiggers originally published on TechCrunch

After SVB's failure, who's most vulnerable, who stands to benefit, and what are some of the long-term implications for venture capital? TechCrunch+ roundup: Beyond the Turing Test, 3 VCs on SVB, usage-based pricing tactics by Walter Thompson originally published on TechCrunch

In addition to today’s launch of OpenAI’s GPT-4, which is now confirmed to be the GPT model running in Bing, Microsoft also announced the stable version of its Edge web browser will now include the new Bing AI chatbot in a sidebar. The feature was first introduced at Microsoft’s AI press event in February but […] Microsoft’s new Bing AI chatbot arrives in the stable version of its Edge web browser by Sarah Perez originally published on TechCrunch

SVB’s new CEO Tim Mayopoulos has had a lot to say in the 24 hours since he joined the bank on Monday. In a private Zoom meeting run by SVB for a select number of LPs and investors, he asked clients to return deposits to the institutions: “that’s the single most important thing you can […] Silicon Valley Bank’s new CEO urges customers to bring deposits back by Natasha Mascarenhas originally published on TechCrunch

Duolingo is introducing a new subscription tier with features powered by OpenAI’s new GPT-4 technology, the company announced on Tuesday. The new tier, Duolingo Max, unlocks two new AI-powered features called “Roleplay” and “Explain My Answer.” The announcement comes the same day that OpenAI released its next-generation GPT-4 AI language model. The Roleplay feature unlocks […] Duolingo launches new subscription tier with access to AI tutor powered by GPT-4 by Aisha Malik originally published on TechCrunch

Mark Zuckerberg, co-founder and CEO of Facebook parent Meta, has pointed to internal data analysis that suggests engineers who initially joined the company in an in-person capacity performed better than those who joined remotely from the get-go. He also suggested that younger engineers, or more accurately those who are “earlier in their career,” perform better […] Mark Zuckerberg says engineers who joined Meta in-person perform better than those who joined remotely by Paul Sawers originally published on TechCrunch