Perplexity Eyes $14B Valuation, Google Launches AI Fund, Chegg Cuts 22% of Staff, Reasoning Model Gains May Be Slowing
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Headlines
Perplexity AI wrapping talks to raise $500 million at $14 billion valuation (CNBC)
Google launches AI startup fund offering access to new models and tools (CNBC)
The UK's AI copyright shake-up has Elton John, Dua Lipa fighting back (CNBC)
Improvements in ‘reasoning’ AI models may slow down soon, analysis finds (TechCrunch)
Saudi prince launches AI venture as Trump, Musk, Altman, and Zuckerberg arrive for conference (TechCrunch)
Chegg to lay off 22% of workforce as AI tools shake up edtech industry (Reuters)
Even a16z VCs say no one really knows what an AI agent is (TechCrunch)
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