TechCrunch Top 3

Image Credits: Kettering Health

1. Invest in security: Kettering Health is still working to return to normal operations two weeks after it was hit by a ransomware attack that shut down its entire network of medical and emergency centers. A stark reminder of how important cybersecurity is to protecting critical infrastructure. Read More

2. One reason to use Bing: Microsoft Bing is integrating OpenAI's Sora video generation model to let users generate videos from text prompts. This is a win for those who want to use Sora, but don't want to pay OpenAI, since it's available for free on Bing for the moment. Read More

3. Photoshop to go: Got a burning desire to photoshop a dog's face on your friend's body while you're on the go? The venerable image manipulation software's finally on its way to Android. This comes four months after Adobe launched Photoshop for iPhones. Read More

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Know your AI? Take our trivia challenge and you could score 2 tickets for the price of 1 to TechCrunch Sessions: AI! Hear from OpenAI, Google Cloud, Toyota, Anthropic, Khosla Ventures, and more on June 5 at UC Berkeley. One day packed with breakouts, keynotes, and serious networking.

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Morning Must-Reads

Image Credits: Speedata

💰 Big data: Tel Aviv-based Speedata has raised $44 million to boost its analytics processing unit (APU) tech that's designed to accelerate big data analytics and AI workloads. Existing investors like Walden Catalyst and new investors like Intel's Lip-Bu Tan participated in the round. Read More

🚁 Rise up: Joby Aviation might have a major distributor for its eVTOLs in Saudi Arabia. The company signed an MoU with Abdul Latif Jameel (ALJ) to distribute up to $1 billion worth of air taxis across its network in the Middle East over the coming years. Read More

🪑 Time for a change: Indeed's CEO Chris Hyams is stepping down as CEO after 15 years at the firm. Hisayuki Idekoba, CEO of Recruit, Indeed's parent firm, will step in as CEO -- it's a role Idekoba has held before, and he's returning after a six-year break. Read More

🤳 Get those gains: TikTok has launched TikTok for Artists, a music insights platform that the company says will help artists help connect with fans, improve promotional efforts, and understand what to upload. Read More

🌈 Pot of gold: Irish fintech NomuPay has raised $40 million from SB Payment Service, a subsidiary of Japanese telco SoftBank, at a $290 million valuation. NomuPay helps merchants process cross-boarder payments in Asia, Europe, MENA, and the U.S. Read More

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Ready for real AI talk? Join TC Sessions: AI on June 5

The doors to TechCrunch Sessions: AI open this Thursday! Hear insights from top minds like Logan Kilpatrick (Google DeepMind), Oliver Cameron (Odyssey), Jared Kaplan (Anthropic), Hao Sang (OpenAI), Kordel France (Toyota), and more on the main stage and in breakouts. Network with AI leaders at all levels and explore cutting-edge innovations.

Around the Web

🍄 Solarpunk dream: Researchers at the University of Sydney have discovered a newly isolated marine-derived fungus that can degrade polypropylene, reports Reuters. This could create a breakthrough in the battle against plastic waste. Read More

🧐 Breaking the sandbox: Tracking code from Meta and Russia-backed Yandex has been found embedded in millions of websites with the express purpose of de-anonymizing visitors – specifically Android users – by exploiting browser and OS behaviors to link web activity with mobile app identities, reports Ars Technica. Read More

Before You Go

📺 WWDC: Apple is hosting its developer conference from June 9 to June 13, and we're expecting some operating system updates as well as, what else, more news on AI. Catch all the coverage and watch it live on TechCrunch. Read More