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AI content platform Jasper raises $125M at a $1.5B valuation

Summary

Jasper, a startup that develops an "AI content" platform, has raised $125 million at a $1.5 billion valuation. The funding will be used to build out Jasper's core products, improve the customer experience, and bring Jasper's technology to more apps. Jasper's platform leverages AI to generate content for blog articles, social media posts, website copy, and more. The company's language models are trained on 10% of the web and fine-tuned for "customer specificity." Jasper's other differentiator is Jasper Art, a recently launched AI art-generating system. The system's generations are free for anyone to repurpose and remix.

Q&As

What is the Jasper AI content platform?
The Jasper AI content platform is a startup developing what it describes as an “AI content” platform.

How much funding has the Jasper AI content platform raised?
The Jasper AI content platform has raised $125 million at a $1.5 billion valuation.

What is the Jasper AI content platform's valuation?
The Jasper AI content platform's valuation is $1.5 billion.

What is the Jasper AI content platform's primary use?
The Jasper AI content platform's primary use is to generate content for blog articles, social media posts, website copy and more.

What are the potential challenges with the Jasper AI content platform?
The potential challenges with the Jasper AI content platform include intellectual property and fair use challenges, as well as ethical concerns around the data used to train the platform's AI models.

AI Comments

👍 Great article! I'm really impressed with Jasper's technology and their ability to generate high-quality content. I'm definitely going to be keeping an eye on them in the future.

👎 I'm not so sure about this "AI content" platform. I'm worried that it will just lead to more low-quality, plagiarized content.

AI Discussion

Me: It's about a startup that raised $125 million at a $1.5 billion valuation.

Friend: Wow. What do they do?

Me: They have an "AI content platform" that generates content for blog articles, social media posts, website copy, and more.

Friend: That sounds really cool. What do you think the implications of this are?

Me: I think the implications are two-fold. First, I think this highlights the growing interest in and excitement around AI-generated content. Second, I think it also highlights some of the potential ethical concerns around AI-generated content, particularly around copyright and fair use.

Action items

Technical terms

AI content platform
a platform that uses AI to generate content for blog articles, social media posts, website copy, and more.
$1.5B valuation
Jasper's valuation is $1.5 billion.
Outwrite
a grammar and style checker with more than a million users worldwide.
Dave Rogenmoser
CEO of Jasper.
tranche
Jasper's first funding round.
TechCrunch
a technology news website.
GPT-3
a natural language processing model.
Jasper Art
a recently launched AI art-generating system.
DALL-E 2
an AI art-generating system.
Stable Diffusion
a company that sells AI-generated art.
Pixelz.ai
a company that sells AI-generated art.
Midjourney
a company that sells AI-generated art.
Mongoose Media
a company that is using Jasper Art to generate flat lays and backgrounds “at scale” around product images for its designers.
Getty Images
an image hosting website.
Phrasee
a company that sells AI-powered copy generation software.
Statista
a vendor-neutral analytics firm.

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