Engadget Podcast: Why did Silicon Valley Bank fail so hard?

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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!

Listen below or subscribe on your podcast app of choice. If you’ve got suggestions or topics you’d like covered on the show, be sure to email us or drop a note in the comments! And be sure to check out our other podcasts, the Morning After and Engadget News!

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Topics

  • What caused Silicon Valley Bank’s collapse? – 1:13

  • FBI report: Americans lost $2.7 billion dollars to cypto scams last year – 22:05

  • Google adds generative AI to Workspace products –23:45

  • Google announces research into AI for Ultrasound diagnosis – 27:55

  • Open AI announces GPT-4, which can understand image inputs, too – 35:50

  • Microsoft confirms Bing AI is powered by GPT-4, announces layoffs in AI ethics – 38:12

  • Meta lays off an additional 10,000 workers – 41:16

  • Samsung announces Galaxy A54 –43:11

  • Sony’s $600 point-and-shoot camera for the visually impaired – 48:31

  • Working on – 57:10

  • Pop culture picks – 58:42

Livestream

Credits
Hosts: Cherlynn Low and Devindra Hardawar
Guest: Alex Wilhelm
Producer: Ben Ellman
Music: Dale North and Terrence O’Brien
Livestream producers: Julio Barrientos
Graphic artists: Luke Brooks

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