Klaviyo files for IPO, OpenAI to release open-source model

Reuters sources: Klaviyo, an email marketing company, confidentially filed for an IPO in New York, aiming to raise at least $750M; the firm was valued at $9.5B in 2021 and currently has 100K+ customers in 80+ countries - Link

The Information sources: OpenAI is preparing to release its first open-source language model publicly - Link

OpenAI announced plans to roll out its ChatGPT with web browsing feature and ~70 plugins for ChatGPT Plus users who have enrolled in its beta program this week - Link

EU regulators approved Microsoft’s $69B acquisition of Activision Blizzard after the company made concessions to ensure that competitors would have continued access to Activision titles like Call of Duty; UK and US regulators have moved to block the deal in recent months - Link

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Emmanuel de Maistre joins Jason to demo Scenario's AI-powered video game asset generator (3:54) before breaking down future applications of Scenario's technology. Then, Presh gives a presentation on how to build no-code apps (26:41). - Link

Fanatics, the sports merchandise retailer valued at $30B+, is acquiring the US assets of Australian online sportsbook PointsBet for $150M as it prepares for an IPO - Link

Smart, a London-based startup that helps employees manage their pensions, raised a $95 million Series E led by Aquiline Capital Partners; the company serves ~70K employers with 1M+ employees - Link

Nuro, a startup building autonomous delivery robots, is cutting 30% of staff (~340 FTEs); Nuro previously cut 20% of staff in November 2022 - Link

Coresight Research data: More than 50% of tracked retailers have expanded brick-and-mortar ops due to rising costs of digital ads; at the end of 2022, 60% of Warby Parker's revenue came from brick-and-mortar locations, and the company plans to add 40 more stores in 2023 - Link

This Week in Startups

E1741: Using AI to revolutionize video game development with Scenario CEO Emmanuel de Maistre

E1740: Building brands and community + influencer marketing that actually works with Dee Murthy

E1739: Reid Hoffman on AI's "crescendo moment," regulation and real-world applications

E1738: Box CEO Aaron Levie breaks down Box AI and generative AI’s impact on business

E1737: GPT-4 web browsing, plugin demos, AI layoffs + more with Sunny Madra & Vinny Lingham

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