Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

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media/telecom

NBCUniversal Announces Streaming Service

By
Tom Dotan
· · Source: The Information

NBCUniversal chief Steve Burke hinted at it in a holiday note last December, but now it’s been made public: The company plans to launch a service in 2020 that carries the company’s catalogue of movies and TV shows and plans to have some originals and outside content as well. As opposed to Netflix and AT&T’s WarnerMedia’s streaming plans, which are aimed mostly at cord cutters, NBCUniversal...

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Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows
By Natasha Mascarenhas and Stephanie Palazzolo · Sept. 28, 2023 6:40 PM PDT
Dave Rogenmoser, cofounder of Jasper. Photo via Getty.
Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20%, according to former employees who were notified by the company. The drop in Jasper’s internal valuation could indicate that the growth of its AI-powered writing tool for marketers has slowed since the company raised venture funding at a $1.5 billion valuation in...
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