Welcome, people, to Week in Overview (WiR), TechCrunch’s common e-newsletter overlaying noteworthy happenings within the tech business.
This week, Google launched two new open giant language fashions, Gemma 2B and Gemma 7B, in its continued bid for generative AI dominance. The corporate, which describes the LLMs as “impressed by Gemini,” its flagship household of GenAI fashions, made every accessible for industrial and analysis utilization.
Elsewhere, embattled database firm MariaDB revealed that it may very well be taken personal in a $37 million deal. The nonbinding proposal comes 14 months after MariaDB went public by way of SPAC, Paul writes.
Heaps else occurred. We recap all of it on this version of WiR — however first, a reminder to enroll to obtain the WiR e-newsletter in your inbox each Saturday.
Information
Tragedy: Earlier this week, Marco Troper, the 19-year-old son of former YouTube CEO Susan Wojcicki, was discovered useless at UC Berkeley of an obvious drug overdose.
Cake sale: The way forward for bankrupt electrical bike startup Cake remains to be unsure, however the majority of its U.S. stock goes to a person in Florida, Sean reviews.
Change Healthcare hit: Change Healthcare, one of many largest healthcare tech corporations within the U.S., confirmed {that a} cyberattack on its programs occurred lately.
Rivan layoffs: Rivian is shedding 10% of its salaried workforce in a bid to chop prices in an more and more powerful marketplace for electrical automobiles, placing much more stress on its future, extra reasonably priced EV known as the R2.
Dunzo buyout: Indian e-commerce large Flipkart has held discussions in latest weeks about probably buying Dunzo, the hyperlocal supply startup backed by Reliance Retail, Manish reviews.
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YouTube triumphant: YouTube dominates TV streaming within the U.S., per Nielsen’s newest report.
Valuation lower: Byju’s says its lately launched $200 million rights problem has been totally subscribed, however the startup’s founder urged a few of its main traders to take part amid a rift between the edtech group and a few of its largest shareholders, Manish writes.
Funding
Profitable grooming: France-based Planity has raised $48 million to develop its software-as-a-service product for hair salons.
Brick-laying robots: Dutch startup Monumental landed a $25 million tranche for its robotic carts and arms that assist lay bricks for development.
Evaluation
Phase below menace: Alex and Ron check out the the reason why Phase, the client knowledge firm, may very well be put up on the market by company father or mother Twilio. Activist stress has quite a bit to do with it.
Podcasts
On Fairness, the crew talked about Reddit’s upcoming IPO, together with some spectacular raises for edtech startup Loora, Bioptimus and Dili.
Discovered dove into the big internet of the marriage business with Shan-Lyn Ma, the co-founder and CEO of Zola. Ma talked about why she determined to launch the enterprise after making an attempt to purchase a present for a pal and realizing that marriage ceremony registries had been nonetheless dwelling previously.
And Chain Response had on Steve Kaczynski, co-author of the e-book “The Every thing Token” and co-host of the web3 morning present “Espresso with Captain.”
Bonus spherical
New AI chip enterprise: SoftBank Group’s Masayoshi Son is reportedly in search of $100 billion to construct a brand new enterprise that’d compete with the likes of Nvidia within the space of AI chips.
OnePlus returns to watches: OnePlus’ upcoming Watch 2 — the corporate’s first smartwatch in years — guarantees a jaw-dropping 100 hours “in full Sensible Mode.”