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Save you the click. Jasper raised $125 million on a 1.5B valuation. Their business is built on openai apis. "Long story short, OpenAI appears to be focusing i
by mcoliver 3y ago
Save you the click. Jasper raised $125 million on a 1.5B valuation. Their business is built on openai apis. "Long story short, OpenAI appears to be focusing its strategy for growth on making building AI tools easy by vertically integrating their solutions into higher abstraction layers… where the wrappers (companies built wrapping openai APIs) happen to be making their bucks.
I don't know that they killed them but perhaps the valuation needed a reset. Maybe cars with Ferrari body kits aren't worth the same as an actual Ferrari?
- mcphage 3y agoYeah, if a product you depend on can release a feature to make you obsolete, maybe $1.5B wasn't a very good valuation?