The developer of ChatGPT, OpenAI's AI-powered chatbot, has confirmed that the cause of recent ChatGPT malfunctions was a distributed denial-of-service (DDoS) attack. Anonymous Sudan, a group of hackers linked to Russia, have already claimed responsibility for the attack.
Happy Saturday, folks, and welcome to Week in Review (WiR), TechCrunch's newsletter that covers the major stories in tech over the past several days. In other news, the trial of disgraced crypto startup founder Sam Bankman-Fried continued, Atlassian acquired Loom, OpenAI reportedly explored developing its own AI chips, and Google made passkeys the default sign-in method for all users. Elsewhere, Adobe upgraded its generative AI tech, signs of a Spotify "Superpremium" service emerged, California passed an investment diversity disclosure law, and Brian reviewed the Meta Quest 3.
"For founders trying to raise a Series B for their AI startups in the next six to 12 months, a more challenging fundraising environment likely awaits," says Isaac Madan, CEO and co-founder of Nightfall AI. Last August, his cloud data loss prevention services startup raised a $40 million Series B round when many CEOs were desperately searching for ways to extend their runway.