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Adobe launches “Firefly,” Unlearn.AI raises $15M, Bing integrates DALL-E
Adobe launched a suite of generative AI tools called “Firefly” and said its models are trained on data that is either licensed for training, in the…
TWiST Ticker
Mar 21
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Adobe launches “Firefly,” Unlearn.AI raises $15M, Bing integrates DALL-E
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Amazon to cut 9K more jobs, FDIC splits SVB's assets, Netflix's ad tier hits 1M MAUs
Amazon will cut 9K employees in its AWS, advertising, Twitch, and HR segments; this follows the company letting go of 18K workers between November and…
TWiST Ticker
Mar 21
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Amazon to cut 9K more jobs, FDIC splits SVB's assets, Netflix's ad tier hits 1M MAUs
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Tiger Global marks down VC investments by 33%, Twitch CEO steps down, SVB files for Ch. 11
WSJ sources: Tiger Global marked down its venture portfolios by 33% in 2022, erasing ~$23B in value - Link Twitch’s Emmett Shear will step down as CEO…
TWiST Ticker
Mar 17
5
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Tiger Global marks down VC investments by 33%, Twitch CEO steps down, SVB files for Ch. 11
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SVB Capital’s investments, Adobe earnings, Via acquires Citymapper
The Information sources: SVB Capital, Silicon Valley Bank’s venture arm, manages $9.5B and invested $234M in Sequoia, $173M in a16z, $145M in Ribbit…
TWiST Ticker
Mar 16
5
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SVB Capital’s investments, Adobe earnings, Via acquires Citymapper
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Stripe raises $6.5B, Microsoft integrates GPT-4, First Republic weighs sale
Stripe raised a $6.5B Series I at a $50B valuation, with all proceeds going toward covering tax obligations related to expiring RSUs and a new tender…
TWiST Ticker
Mar 16
6
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Stripe raises $6.5B, Microsoft integrates GPT-4, First Republic weighs sale
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Meta to cut 10K more roles, OpenAI debuts GPT-4 as Anthropic launches Claude
In a letter to Meta employees, Mark Zuckerberg announced plans to cut 10K more jobs, withdraw ~5K unfilled open roles, and cancel lower-priority…
TWiST Ticker
Mar 14
6
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Meta to cut 10K more roles, OpenAI debuts GPT-4 as Anthropic launches Claude
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SVB depositors backstopped, First Republic falls ~62%, YC scales back its growth-stage team
The US Treasury Department announced that the FDIC would make all Silicon Valley Bank and Signature Bank depositors whole - Link Shares of First…
TWiST Ticker
Mar 14
4
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SVB depositors backstopped, First Republic falls ~62%, YC scales back its growth-stage team
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Silicon Valley Bank collapses, Meta halting their Reels Bonus Program, Bitcoin has fallen ~8% to under $20K
Regulators from the government of California have shut down Silicon Valley Bank; SVB had a total of $209B in assets and $175.4B in total deposits; the…
TWiST Ticker
Mar 11
5
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Silicon Valley Bank collapses, Meta halting their Reels Bonus Program, Bitcoin has fallen ~8% to under $20K
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Generative AI game studio raises $55M, Stealth consumer wearable startup raises $100M, DuckDuckGo launches AI search bot
Believer, an LA-based game studio that plans to build multiplayer open-world games using generative AI, raised $55M led by Lightspeed with participation…
TWiST Ticker
Mar 9
6
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Generative AI game studio raises $55M, Stealth consumer wearable startup raises $100M, DuckDuckGo launches AI search bot
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Meta to cut thousands of more jobs, Embark to shut down, Overhaul raises $38M
Bloomberg sources: Meta plans to cut thousands of more jobs as soon as this week after cutting ~13% of staff (11K employees) in November - Link…
TWiST Ticker
Mar 8
9
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Meta to cut thousands of more jobs, Embark to shut down, Overhaul raises $38M
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February 2023
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TWiST Ticker
Feb 13
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