News from The Information

Elon Musk’s BasedAI and the AI Culture Wars

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Jessica E. Lessin @ The Information · 02/28/2023 20:00 EDT

Elon Musk today confirmed our big story from yesterday that he’s been recruiting a team to build an AI and chatbot that is “anti-woke.” Jon Victor and I wrote that his aim was to build a chatbot that “would have fewer restrictions on divisive subjects compared to ChatGPT and a related chatbot Microsoft recently launched.”Today, Musk tweeted out a meme showing a dog labeled Based AI attacking monsters labeled Woke... Read more ›

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Stripe Cuts Valuation to $50 Billion After Facing Fundraising Hurdles

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Maria Heeter @ The Information · 02/28/2023 19:43 EDT

Stripe has cut the valuation for its multi-billion-dollar fundraising by about 10% to around $50 billion, according to two people familiar with the situation, underlining the challenges that Stripe has faced in completing the fundraising. While Stripe is still expected to complete the funding round, it is now setting the per-share price at about $20, down from about $23 a share, these people said. The earlier per-share price translated to... Read more ›

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The Early TikTok Creator Who Doesn’t Need a Niche

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Kaya Yurieff @ The Information · 02/28/2023 17:00 EDT

As the creator economy gets more crowded and competitive, it’s become common for people to hone in on a narrow niche as a way to stand out. We’ve profiled creators who review family-friendly cars or make elaborate cheese boards as their main content focus.Then there’s Alex French, 19, who has built her social media career without carving out a genre. She initially went viral in 2019 for a TikTok clip... Read more ›

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