“This type of A.I. promises to reinvent everything from online search engines like Google to photo and graphics editors like Photoshop to digital assistants like Alexa and Siri. Ultimately, it could provide a new way of interacting with almost any software, letting people chat with computers and other devices as if they were chatting with another person.
That has sent deal-making around generative A.I. companies into overdrive. Jasper, a generative A.I. start-up founded in 2021, raised $125 million in October, valuing it at $1.5 billion. Stability AI, an image generating company founded in 2020, raised $101 million that same month, valuing it at $1 billion. Smaller generative A.I. companies, including Character.AI, Replika and You.com, have also been inundated with investor interest.”
A New Area of A.I. Booms, Even Amid the Tech Gloom
https://www.nytimes.com/2023/01/07/technology/generative-ai-chatgpt-investments.html
via Instapaper
That has sent deal-making around generative A.I. companies into overdrive. Jasper, a generative A.I. start-up founded in 2021, raised $125 million in October, valuing it at $1.5 billion. Stability AI, an image generating company founded in 2020, raised $101 million that same month, valuing it at $1 billion. Smaller generative A.I. companies, including Character.AI, Replika and You.com, have also been inundated with investor interest.”
A New Area of A.I. Booms, Even Amid the Tech Gloom
https://www.nytimes.com/2023/01/07/technology/generative-ai-chatgpt-investments.html
via Instapaper