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  • UK pushes for access into LLMs of Anthropic, Google, and OpenAI, Jasper AI writes down valuation by ~20%

UK pushes for access into LLMs of Anthropic, Google, and OpenAI, Jasper AI writes down valuation by ~20%

FT sources: the UK is currently pushing for unprecedented access into the internal workings of LLMs from Anthropic, Google DeepMind, and OpenAI ahead of the country’s global AI summit - Link

The Information sources: Jasper AI, a startup building AI-powered writing tools for marketers, lowered its internal valuation by ~20%, from $1.5B to $1.2B - Link

Bloomberg sources: In 2020, Microsoft discussed selling off Bing to Apple, which would have seen Google replaced as Apple’s default search engine - Link

BeReal said it has more than 25M active users globally, disputing reports from research firm Similarweb, which estimated BeReal’s MAUs at ~16M - Link

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Kelly Schricker joins Jason to kick off another startup pitch competition featuring four companies from Founder University Cohorts 5 and 6! - Link

China’s Cyberspace Administration will ease some of its rules around cross-border data transfer to reassure foreign businesses concerned about deteriorating US-China relations - Link

FT sources: X CEO Linda Yaccarino plans to meet with several banks that helped fund Elon Musk’s Twitter acquisition next week to lay out plans for the future of the platform - Link

Enflame, a Shanghai-based startup developing chips for AI applications, raised a ~$274M Series D co-led by multiple Shanghai International Group funds - Link

In a letter from the SEC, payments startup Bolt was alerted that it would likely not face any enforcement action after a 15-month probe into whether the company violated securities laws while fundraising - Link

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