Daily Crunch: Citing data privacy concerns, Italy temporarily bans ChatGPT

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Fri-yay Crunch!

We are beauteous excited astir Disrupt 2023 getting a full signifier dedicated to fintech. And portion we’re talking astir events…There’s conscionable a fewer hours near to prevention $200 connected TC Early Stage tickets successful Boston successful a mates of weeks, truthful get yer tickets portion you can!

On that note, bask your weekend! — Christine and Haje

The TechCrunch Top 3

• Italy gives ChatGPT the boot: Italy’s authorities has been connected a blocking footwear lately. A fewer days ago, we wrote astir a possible prohibition connected cultivated meat, and contiguous Italy wants to artifact ChatGPT, citing information extortion concerns. Natasha L writes that the country’s information extortion authorization is opening an probe into whether OpenAI is breaching the European Union’s General Data Protection Regulation.
• Groupon gets its Czech book: Ingrid reports that Groupon has mislaid 99.4% of its worth since its IPO and present has a caller CEO who volition tally the concern from the Czech Republic.
• Jio gets its crippled on: Manish writes that Mukesh Ambani, CEO of India’s streaming elephantine Jio, sees the Indian Premier League cricket tourney arsenic “the cleanable accidental to revamp Jio’s work adoption strategy adjacent arsenic the steadfast recognizes that cricket streaming volition not crook a nett for respective years.”

Startups and VC

What bash you bash erstwhile you person a precise palmy and fashionable merchandise (marijuana) that is ineligible successful immoderate places, but federally has been a Schedule 1 cause since 1970? Well, you can’t trust connected immoderate nationalist institutions arsenic your concern partners, Haje reports. One of the large places that shows up is successful payments and outgo processing; adjacent aft recreational cannabis became ineligible successful 21 states and decriminalized successful different twelve oregon so, cannabis has go mostly a currency business. In a satellite that is progressively cashless, that’s a occupation for some consumers and businesses. Smoakland is presently beta-testing a loophole that lets its customers wage by recognition card. The secret, it turns out, is crypto.

Need immoderate much to get you done the agelong bleak spread of “less tech news” known arsenic the weekend? Don’tcha interest fam, we gotchu:

• Down successful proverbial flames: Aria reports that Virgin Orbit burns up successful uncontrolled descent.
• Teaching an aged browser caller tricks: Artie sidesteps the app stores by putting high-quality games successful your browser, Haje reports.
• Pouring our hearts out: Haje reviewed a fancy-ass $700 java shaper and concludes that xBloom makes cleanable pour-over truthful you don’t person to, earlier asking if you would privation to.
• Not worthless, but worthy less: U.S. investors slash Byju’s and Swiggy valuation, reports Manish.
• This gathering could person been a summary: Ivan reports that Read’s AI-powered summary feature squeezes a gathering into a two-minute clip.

Yeah, of course, YC’s wintertime people is oozing with AI companies

Just implicit one-third of the fledgling startups successful Y Combinator’s latest people accidental “that they are an AI institution oregon usage AI successful immoderate benignant of way,” reports Rebecca Szkutak.

“You can’t blasted the YC companies for leaning into AI,” she writes. “If you saw VCs dumping dollars — successful a tougher fundraising market, nary little — into a exertion similar AI that you could instrumentality into your ain business, wherefore wouldn’t you?”

Three much from the TC+ team:

• Okay, here’s the crippled plan: Anna and Alex person the lowdown connected European startups looking to rise wealth successful 2023.
• Damn the torpedoes, afloat steam ahead: Investors are unfazed by Q1 crypto backing decline, writes Jacquelyn.
• You’re hired! Anastasiia Kuzmenko shares three recruiting metrics that tin assistance startups marque much data-driven hiring decisions.

TechCrunch+ is our rank programme that helps founders and startup teams get up of the pack. You tin motion up here. Use codification “DC” for a 15% discount connected an yearly subscription!

Big Tech Inc.

Checkout.com has a caller president who precocious spoke with Mary Ann astir being bullish connected a U.S. enlargement and however she “welcomes” comparisons to Stripe. Céline Dufétel says of the payments manufacture this year: “Now much than ever amid the uncertain economical landscape, CFOs and heads of payments are narrowing successful connected the interaction of payments connected topline maturation and profitability. Increasingly, concern leaders are recognizing the measurable interaction of high-performing payments systems successful maximizing acceptance rates, minimizing costly fraud concerns, and reducing operational costs.”

And we person 5 much for you:

• What’s going connected with the TikTok ban?: We’re truthful gladsome you asked. Taylor gives you the play-by-play.
• TV turned connected its side: No, you aren’t seeing your Hulu interface wrong. The streaming institution changed immoderate things around, including a revamped sidebar connected the left, Ivan and Lauren write.
• You can’t bash that connected societal media: The little enclosure of the French parliament passed an influencer measure cracking down connected risky products. Romain has more.
• Going public: Helbiz banal tumbles connected reverse split, but it’s good due to the fact that they are rebranding to Micromobility.com, Rebecca writes.
• Quite taxing: Amanda played an anime dating sim that does your taxes for you and has immoderate notes.