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AI’s ascendance seems unfazed by SVB mess

The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday. The tech-narrative whiplash is actually what I want to talk about this morning. Now that the initial shock waves of the Silicon Valley Bank crisis have seemingly settled, tech news has reverted to type. If you read TechCrunch today, you can find meal delivery startups, chip news, funding rounds and a lot of AI news. Call it a return to industry optimism, even if the ground underneath the positive vibes is still a bit shaky. Missing Attachment By that, I mean that the consumer-popular stuff like using ChatGPT to, say, power the narrative for your next Crusader Kings run-through or having similar tools write silly song lyrics seems not to be the core innovation; what is underneath the consumer-friendly stuff is the real deal. A lot is going on at once. From the recent release of large language model GPT-4 to the popularity and rapid rollout of new AI-powered search tools to companies like Quora and Duolingo finding ways to leverage the tech, we’re seeing both the speedy development of AI tech and quick commercialization.

AI’s ascendance seems unfazed by SVB mess by Alex Wilhelm originally published on TechCrunch


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