Jasper, a service that leverages AI to generate marketing art and copy, raised $125M led by Insight Partners at a $1.7B valuation — As the enthusiasm around AI image and text generators grows, Jasper, a startup developing what it describes as an “AI content” platform, has raised $125 million at a $1.7 billion valuation.
Sources: worried about a threat from Apple, Google doubles down on its own hardware and moves some staff from other teams to work on Google-branded devices — It may be Google's worst nightmare. Apple's iPhone is stealing share from Samsung phones powered by Google's Android software.
Meta says it will sell off Giphy following order from UK competition watchdog … Facebook and Instagram parent company Meta says it will accept a ruling by the UK competition watchdog to divest itself of social media GIF library Giphy. … We will work closely with the CMA on divesting Giphy."
Enable, which lets B2B companies manage their rebate programs, raised a $94M Series C led by Insight Partners, bringing its total funding to $156M — Enable, a startup selling access to a platform that helps business-to-business (B2B) companies manage their rebate programs …
Toronto-based ChainSafe, the developer of an SDK for connecting games built on the Unity platform to the blockchain, raised a CA$25.7M Series A led by Round13 — The Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that's expected to achieve multi-billion-dollar valuations.
Mastercard partners with Paxos for a program to let financial institutions offer cryptocurrency trading to their clients — - Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients. — The payments giant will act as a “bridge” …
Meta says it found an externally-created Meta Workplace account that was used to spoof an internal Instagram system used as “evidence” for The Wire's reporting — This is an ongoing investigation and we will update as it unfolds. At this time, we can confirm that the video shared …
Analysis: 14 self-driving vehicle tech companies that went public in the past two years have seen an 80%+ average decline in their post-IPO stock price — A few years ago, public market investors sometimes lamented the lack of opportunities to directly invest in future-shaping technologies like autonomous driving.
Starlink in Ukraine: Musk, SpaceX, and its government partners should stop finger-pointing, commit to transparency, and figure out a long-term funding solution — What appeared earlier this year to be a selfless act of technotopianism, the widespread deployment of Starlink terminals in Ukraine …
New US export controls may affect 43+ senior execs at 16 public semiconductor companies in China, forcing them to choose between US citizenship and their jobs — At least 43 senior executives working with 16 listed Chinese semiconductor companies hold roles from CEO to vice president
Holding platforms accountable for algorithms promoting self-harm is hard because research linking mental health and social media doesn't establish causation — A British court ruled that teenager Molly Russell died in part because of online content—but holding platforms accountable is complicated.
International Federation of Robotics: 500K+ industrial robots were installed in 2021, an all-time high, bringing the number of global installations to 3.5M — Robots are spreading at a record pace, from their traditional strongholds like making automobiles into nearly every other human endeavor
Elon Musk claims SpaceX will “just keep funding Ukraine govt for free” even though the Starlink service is still losing money — Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals for the Ukrainian government as it battles invading Russian forces.
Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...
