On Sept. 29, 2023, Jasper, a startup known for its generative AI applications for marketing teams, experienced a significant reduction in its internal valuation
In the realm of artificial intelligence , exciting changes are unfolding. Thanks to partnerships, innovations, and financial investments, the horizons of this field are expanding, unveiling new opportunities for business and technological advancement. Let’s delve into a few key events of the past few weeks. For instance, the collaboration between WasteVision AI and Keymakr in the waste management sector, and the valuation change of the startup Jasper showcase the new opportunities ahead of us.
On September 29, 2023, Jasper, a startup known for its generative AI applications for marketing teams, experienced a significant reduction in its internal valuation by 20%, dropping from $1.5 billion to $1.2 billion. This change was reported by various news outlets including AIbeat and The Information. Valuation drop of Jasper: 1 Concurrently, the startup also revised its revenue forecasts for the year 2023, cutting the projections by 30%.
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