Twitter blocks Substack, Anthropic aiming to raise $5B over next 2 years, AI spike causing server shortage

Twitter started restricting access to Substack links and marking them "unsafe" in response to the newsletter startup announcing a Twitter-like product called "Substack Notes" earlier this week - Link

Semafor sources: Stable Diffusion-maker Stability AI has burned through a significant portion of the $100M it raised in late 2022; two VCs are having "second thoughts" about participating in a new round of funding at a $4B valuation - Link

TechCrunch sources: Via its leaked Series C pitch deck, Anthropic is aiming to raise $5B over the next two years to take on OpenAI, and plans on utilizing an AI self-teaching technique it developed called "constitutional AI" - Link

The Information sources: a demand spike for AI servers has caused a shortage in chips powerful enough to run machine learning software at major cloud providers like AWS, Microsoft, Google, and Oracle - Link

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Jason breaks down the valuation tension surrounding YC demo days (2:36), how to get better prices on YC-equivalent startups (8:59), Garry Tan's response to complaints (15:18), and more! Then, Jason reacts to a law firm's leaked expectations list that went viral (29:29) before wrapping with some thoughts about Substack (41:59). - Link

The US Treasury conducted its first illicit finance risk assessment on DeFi technology, concluding that services that aren't compliant with AML and terrorist financing rules pose "the most significant current illicit finance risk" - Link

True Anomaly, a Denver-based startup that's building defense tech for space, has raised $30M so far, including a $17M Series A; the company is making "autonomous orbital pursuit vehicles" - Link

YipitData stats: Uber accounts for 74% of the US ride-share market, up from 62% in early 2020, as its ride-share revenue more than doubled last year - Link

After years of copyright disputes, Tencent agreed to a deal with ByteDance-owned Douyin to distribute video content - Link

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