Two startups developing products using generative artificial intelligence laid off workers recently, striking a downbeat note amid a wave of investor euphoria for the sector. Jasper AI, which sells software that uses OpenAI’s GPT to help businesses create and fix text, cut staff this week, according to a statement from CEO Dave Rogenmoser on LinkedIn . Jasper’s head of product, Jeremy Crane,...
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Europe Has Figured Out How to Tame Big Tech. Can the U.S. Learn Its Tricks?
Late last month in Belgium, Sen. Elizabeth Warren (D-Mass.) had a pressing question for Paul Tang, a Dutch politician and member of the European Parliament. How had they done it, she asked him. How had the EU managed to bring big tech to heel? The liberal Massachusetts senator, alongside Sen. Richard Blumenthal (D-Conn.), had stopped off in Brussels on August 25 to speak with European...
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