OpenAI unleashes GPT-4, SVB files for bankruptcy, and a PE firm acquires Pornhub

Welcome to Week in Review, folks, TechCrunch’s regular recap of the week in tech. GPT-4, OpenAI’s text- and image-understanding AI, might’ve dominated the headlines over the past few days. But fresh drama around Silicon Valley Bank’s collapse emerged as well.

We cover all that and more in this edition, so grab a coffee and settle in.

Quick note, TechCrunch Early Stage 2023 is fast approaching. It’ll be in Boston on April 20 and will feature three concurrent tracks of founder-forward workshops, case studies and deep dives with experts in tech entrepreneurship. Further down the line, mark your calendar for TechCrunch Disrupt 2023, which will take place in San Francisco on September 19– 21. As always, it’ll be jampacked with roundtables, firesides, Q&As and showcases from luminaries in their fields. You won’t want to miss it.

Now, on to the news.

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OpenAI debuts GPT-4: After much anticipation, OpenAI, the AI startup with major backing from Microsoft, has released a powerful new AI model called GPT-4. GPT-4 can generate text and accept image and text…