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Daily Crunch: In ‘an early experimental program,’ OpenAI opens waitlist for GPT Professional

TechCrunch

More companies are developing AI technology to help humans communicate, and DeepL, an AI-based language translator for businesses, is the latest to reap the benefits of investor hunger for companies like this. Can AI turn out polite pitch rejection letters, automate aspects of due diligence, or draft accurate market maps?

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Case in point: taking stock of the CrowdStrike outages

CIO

In addition, CrowdStrike hired two independent software security vendors to review the Falcon sensor code, its quality control, and release processes, and also changed how its updates are released: more gradually, to increasing rings of deployment, says Adam Meyers, CrowdStrikes SVP for counter adversary operations. Trust, but verify.

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Leverage early investors when raising a Series A, says DeepScribe’s Akilesh Bapu

TechCrunch

.” Eventually, the company closed a $30 million Series A round led by Index Ventures partner Nina Achadjian, as the duo discussed on the latest episode of TechCrunch Live , our weekly program featuring entrepreneurs, developers and investors. Prepare for due diligence.

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Productfy raises $16M to build the ‘Shopify of embedded finance’

TechCrunch

The company claims that with its platform, developers can “configure in hours, integrate in days, and go from idea to full stack deployment in as little as three weeks.” . But Productfy, unlike many other BaaS companies, is not just focused on developers. When we launched these programs, we learned a ton.

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Daily Crunch: After buying Twitter, will Musk bite back at Apple’s in-app purchase fees?

TechCrunch

99 Twitter problems, and Apple might have one : It’s no secret that Elon Musk thinks Apple’s 30% IAP (“inventor assistance program” to those of us not up on tech lingo) transaction charge to developers is “a lot.” I promise you two things, you promise me two, too : Make 4 promises to hire better staff for your startup team , by Haje.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. Results, whether in the form of novel therapeutic programs, diagnostic capabilities or other clinically meaningful outcomes, are necessary.

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TechCrunch+ roundup: eVTOL takes off, pivoting with agility, when to hire a lawyer

TechCrunch

Last year, boosters poured billions into eVTOL as companies like Joby Aviation, Archer and Lilium used SPACs to rake in cash to fund R&D and test flight programs. “I’ve been working in the aircraft development space for decades, but 2021 was different,” Tigner writes. And strong investor interest.