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Happy Thursday, Crunchers!
An agreement among a group of the nation’s largest banks to deposit some $30 billion with First Republic Bank could save its bacon, Christine reports, and over on TC+, Ram breaks down everything you need to get caught up on the SVB crisis.
Meanwhile, Annie and Tage contemplate the broader implications of SVB being in hot water, reporting how it forces African startups to rethink their banking options.
With the national banking meltdown out of the way…let’s continue with the rest of the tech news!
Don’t forget to wear something green tomorrow! — Christine and Haje
The TechCrunch Top 3
No more waiting: Ivan reports that Bing’s waitlist for its GPT-4 powered chat is no more. Enjoy!
Biting into an AI Apple: Apple isn’t about to let all those other big tech companies get in on the AI fun. A new story, also by Ivan, reports that Apple is reportedly experimenting with language-generating AI so that Siri can better understand queries.
Charge it: Parker is taking on the world of corporate cards — and trying to grab a piece of …
