Wednesday, June 4, 2025

Welcome to TC PM! Today we learn that Reddit is suing Anthropic; we dig into why AMD acquired Brium; and we look at some interesting payment-related news from RevenueCat, Paddle, and Venmo. Charge it!

TechCrunch Top 3

Image Credits: TechCrunch

👀 Anthropic gets sued: Social media site Reddit is suing Anthropic for allegedly using Reddit's data to train its AI models without proper licensing. Reddit argues doing so is unlawful and violates its user agreement.

🧾 AMD makes an acquisition: Semiconductor giant AMD announced that it acquired Brium, an AI optimization startup currently in stealth. AMD says this acquisition is to help foster an open AI ecosystem, but it's clear that Brium can also help AMD reduce some of Nvidia's AI hardware dominance.

👓 AR Lenses for all! Snap launched a stand-alone iOS app and web tool that lets people create AR Lenses using AI. Prior to this launch, Snap's Lens Studio was only available on desktop for professional developers.

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Afternoon must-reads

Image Credits: RevenueCat and Paddle

💵 New payment app just dropped: In the wake of changes to Apple's U.S. App Store that require it to allow app developers to process their own payments, RevenueCat and Paddle have teamed up to launch an alternative payment system that allows users to make purchases from developers' apps.

🤖 More AI features: OpenAI announced new features for its ChatGPT business users, including integrations with different cloud services, meeting recordings, and MCP connection support. Three million customers subscribe to OpenAI's enterprise-focused products.

🎙️ Keeping security top of mind: On today's episode of Equity, former CrowdStrike CTO Dmitri Alperovitch talks about what early-stage founders are missing when it comes to security, why more automation opens companies up to more potential vulnerabilities, and more.

👋 We hardly knew ya: Steve Collins is stepping down as CTO of game engine developer Unity after only six months on the job. He was previously the CTO of King, the mobile gaming company behind Candy Crush.

💳 Dolled-up debit card: Venmo announced new features and benefits for its debit card, including tap to pay, 15% cash back at a number of retailers, automatic transfers, and more.

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Around the web

🌚 Total darkness: The Iberian Peninsula's April power outage was massive despite being caused by relatively minor damage to the region's energy grid. Wired takes a look at the long-feared cyberattack on the U.S. power grid and how it would go if it ever happened.

📲 Ask and you shall receive: If a government asks Apple for push notification data, the company complies, 404 Media reports. This data can help identify a device's owner and sometimes includes unencrypted information like texts.