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Equity

YC takes a bite out of PearAI, and French startups have a new home

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2365 Ratings

🗓️ 4 October 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Kirsten Korosec, Devin Coldewey, and Margaux MacColl are unpacking another busy week in the tech world, kicking things off with Governor Newsom’s veto of SB 1047, the controversial AI bill aimed at stopping real-world disasters caused by AI systems before they happen. This may not be the last we'll see of the bill, however, as its author has plans to return with a revamped SB 1047 next year. What else went down this week, you ask? Kirsten had us looking to the skies with Joby Aviation’s $500 million investment from Toyota. While Toyota seems to believe that the electric air taxi dream is finally taking off, the Equity crew is skeptical. Margaux argued that aeronautics startup Salient Motion is taking off, despite attempts from Palmer Luckey to shut it down. On the AI front, Devin wanted to discuss Poolside's massive round, the latest drama surrounding Y Combinator-backed PearAI and why it's making waves in the open source community. Speaking of community, Paris-based Motier Ventures . had the team feeling optimistic about the French tech scene with its announcement of its new startup hub, La Maison. Hit play to join the conversation, and Equity will be back next week!

Transcript

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0:00.0

This episode is presented by Mercury, the FinTech that simplifies how more than 200,000 businesses operate. Hello and welcome back to Equity Tech Runches flagship podcast about the business of startups.

0:24.0

Today is Friday, October 4th. I'm Kirsten Kaurasek and joining me today are my fellow

0:29.6

T. Sears, Devon Coldaway, and Margot McCall.

0:33.2

How is it October already?

0:36.2

That is how I'm opening up this show.

0:38.0

I don't know, but here it is.

0:39.6

It's the fourth, and somehow I missed all of September and I'm a little bit jumbled.

0:46.4

I just got off a call a minute ago.

0:48.5

I was at an event a day ago and I'm getting ready for a huge adventure and oh yeah disrupt is coming.

0:56.1

I decided to just skip September.

0:58.3

It's much easier that way you get right into the best part of fall.

1:01.6

You can hear they're smashing things outside my window by the way

1:04.0

this is the the trash truck is right outside maybe they're collecting leaves like me well

1:09.0

you know what I live in the desert and it's hot AF here and September I like to skip because it's nothing near like fall. It's summer and I'm just ready. Maybe it's time for me to move up to your neck of the woods.

1:23.4

Well, it's very leafy and rainy.

1:26.6

I hope you enjoy rain and leaves,

1:28.8

but I don't know if you know what those are living in the desert.

1:31.9

Okay, I do, actually. it is something I am aware of but October a couple

1:36.7

of things interesting are going to be happening I mentioned disrupt we are going to have a

1:40.6

live show so we're going to be in there.

1:42.8

You should definitely come check it out.

1:44.8

If you're going to disrupt, if you haven't bought your tickets already, you should.

...

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