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- Anthropic in talks to raise $2B at a $20B-$30B valuation, Qualtrics cuts ~14% of staff
Anthropic in talks to raise $2B at a $20B-$30B valuation, Qualtrics cuts ~14% of staff
The Information sources: Anthropic is in talks to raise more than $2B from Google and other undisclosed investors at a valuation between $20B-$30B; the company is projecting ~$200M in revenue by the end of 2023 - Link
Qualtrics will cut 780 employees, or ~14% of its total workforce, to address past over-hiring issues - Link
Brite Payments, a Stockholm-based startup building an open banking payments platform, raised a $60M Series A led by Dawn Capital - Link
Zoom announced Google Docs-like collaborative document editing that’s free for users and launching in 2024; AI-generated meeting summaries will be included - Link
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Kayak CEO Steve Hafner joins Jason to discuss the current landscape of the travel industry (1:56), its economic dynamics (17:40), emerging trends in hospitality (41:08), and much more! - Link
Canva released a suite of AI design tools called Magic Studio, which can automatically convert designs into blogs, social posts, emails, and more; the company will also pay out $200M over the next three years to designers for using their work to train its models - Link
In the UK and Australia, Spotify has started offering Premium subscribers up to 15 hours of audiobook streaming per month across 150K+ titles; the company plans to launch this program in the US this winter - Link
Meta is rolling out AI tools for advertisers, including background creation, image expansion, and text generation - Link
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