Thursday, June 29, 2023

Sources: after struggling to raise at a $4B valuation Stability AI secured a convertible note worth under $25M; Stability AI denies fundraising difficulties (Bloomberg)

Bloomberg:
Sources: after struggling to raise at a $4B valuation, Stability AI secured a convertible note worth under $25M; Stability AI denies fundraising difficulties  —  Stability AI, the artificial intelligence startup that has been struggling to raise funding at a $4 billion valuation …



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Common Sense Media calls ChatGPT for Teens an "unacceptable risk", saying its guardrails fall short of OpenAI's promises and it continues to do kids' homework (Jay Peters/The Verge)

Jay Peters / The Verge : Common Sense Media calls ChatGPT for Teens an “unacceptable risk”, saying its guardrails fall short of OpenAI...