Why did Silicon Valley Bank fail so hard?

16/03/2023 1h 8min Episodio 165
Why did Silicon Valley Bank fail so hard?

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Episode Synopsis

The downfall of Silicon Valley bank affects the entire technology industry. This week, we chat with Alex Wilhelm, editor in chief at TechCrunch+, about why SVB failed and what it means for the broader ecosystem. Where were the regulations? And why were VCs so quick to abandon it? Also, Cherlynn and Devindra dive into the latest AI news from Google, Microsoft and the launch of OpenAI’s GPT4. Like we’ve said before, the AI news will never end!What caused Silicon Valley Bank’s collapse? – 1:13FBI report: Americans lost $2.7 billion dollars to cypto scams last year – 22:05Google adds generative AI to Workspace products –23:45Google announces research into AI for Ultrasound diagnosis – 27:55Open AI announces GPT-4, which can understand image inputs, too – 35:50Microsoft confirms Bing AI is powered by GPT-4, announces layoffs in AI ethics – 38:12Meta lays off an additional 10,000 workers – 41:16 Samsung announces Galaxy A54 –43:11Sony's $600 point-and-shoot camera for the visually impaired – 48:31Working on – 57:10Pop culture picks – 58:42

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