Meta releases Llama 2, Apple works on "Apple GPT," Sequoia shakes up partners
Meta released Llama 2, an open-source LLM that's free for research and commercial use, with Microsoft as its preferred partner - Link
The Information sources: Cameo will cut 80+ employees, leaving the company with under 50 FTEs, down ~90% from its peak in 2022 - Link
The Information sources: On Wednesday, Sequoia told LPs that Michael Moritz was leaving to focus on the firm's independent wealth management business, Sequoia Heritage, with four other partners leaving the firm - Link
Bloomberg sources: Apple has created its own "Apple GPT" using an internal LLM framework called Ajax and is planning its own AI announcement for some time next year - Link
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Tim Urban joins Jason to break down the road to AGI (15:38), people's trust in organizations (57:31), trends in tech throughout history (25:36), and so much more! - Link
The Information sources: 1.5M US users have signed up for Netflix's ad-supported tier so far; the company also recently eliminated its most affordable ad-free tier at $10/month - Link
Microsoft announced its AI-powered Copilot tool for Microsoft 365 will cost $30/user/month - Link
TechCrunch sources: Musinsa, a Seoul-based fashion marketplace with more than 8,000 local and foreign brands, raised a $190M Series C at a ~$2.76B valuation led by KKR - Link
Microsoft and Activision Blizzard extended their merger agreement to October 18th, awaiting a review of the UK's regulatory decision - Link
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