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UK announces new AI policy paper, WeWork plans to file for bankruptcy next week

The UK announced a new AI policy paper called the Bletchley Declaration, with the goal of reaching a global consensus on tackling AI risks - Link

SBF repeatedly denied knowing that billions in customer funds had been misappropriated until shortly before FTX collapsed on his last day of testimony - Link

WSJ sources: WeWork plans to file for Ch 11 bankruptcy as early as next week; the co-working company raised $20B+ and was valued at a peak of ~$47B; as of June, WeWork operated 777 locations across 39 countries - Link

DeepMind announced that its newest AlphaFold model can generate predictions for almost all molecules in the Protein Data Bank - Link

Arising Ventures is a holding company that acquires tech startups facing setbacks. Arising Ventures knows what founders care about because they aren’t bankers, they are tech founders themselves! Go to http://arisingventures.com/TWIST.

Sunny joins Jason for more demos: AI-driven ownership and equity platform for founders (14:37), an AI interviewer who conducts live interviews (27:20), and much more! - Link

Bloomberg sources: Bungie cut ~100 jobs after revenue came in ~45% below projections due to a drop in Destiny 2 sales - Link

FusionAuth, a Colorado-based startup building authentication tools, raised a $65M round led by Updata - Link

TechCrunch sources: Wirepas, a Finland-based startup building a mesh networking approach to IoT technology, raised a $22M round at a valuation between $100M-$200M, led by Highland Europe - Link

In a letter to shareholders, Netflix disclosed that its ad-supported tier has 15M+ MAUs and is accounting for ~30% of new sign-ups where it is available - Link

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