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OpenAI and Meta will launch their latest language models soon https://t.co/j88XgNtoFb via @Inside

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IPOs are picking up in the U.S. as valuation spread narrows https://t.co/tUKsojHuYT via @Inside

why the hell is surge pricing all of the rage?

Something is brewing....

Art of the Day 🖼️ Cherry Pie, by Will R. Barnes. 1939 Get the Inside Daily Brief newsletter at https://t.co/L2tOfTaFvR

Database unicorn startup Redis acquired open-source data storage engine startup Speedb for an undisclosed sum. Read more:

Microsoft is paying Inflection AI $650M, of which $620M is for non-exclusive licensing fees for using its technology, sources told The Information. Read more:

The United Nations General Assembly unanimously approved a resolution supporting safe, trustworthy, and human-centric AI. Keep reading:

Art of the Day 🖼️ King Midas by Andrea Vaccaro (1604-1670) Get the Inside Daily Brief newsletter at https://t.co/L2tOfTaFvR

The time taken by European Series A startups to raise the subsequent Series B round widened by 85% in H2 2023 compared to H1 2022, per data from Carta cited by Sifted. Read up:

Southeast Asia's B2C startups bagged the largest share of VC funding in 2023, ending the year with $4.2B capital, per Pitchbook. Learn more:

OpenAI could potentially release GPT-5 around mid-year, possibly in the summer, according to sources cited by Business Insider. Some enterprise customers have been shown demos of the newest model and its improvements to ChatGPT. Learn more:

Unilever (ULVR.L) intends to enhance sales and profitability by spinning off its ice cream division. The newly established ice cream company will hold five of the world's top-selling ice cream brands. Read more:

Art of the Day 🖼️ Fighting Orchids (1917) by Janus de Winter Get the Inside Daily Brief newsletter at https://t.co/L2tOfTaFvR

Met with the team @inside last week. Thank you @ajmedick for sending the goods! They run an impressive newsletter operation. World class team over there.

AI startup Inflection AI has shifted to an enterprise business model after Microsoft hired two of its co-founders. Co-founder and CEO Mustafa Suleyman will be heading Microsoft's newly formed consumer AI division, dubbed Microsoft AI. Learn more:

The Saudi Arabian government plans to establish a $40B fund to capitalize on the AI sector boom, sources informed The New York Times. Read up:

Microsoft has hired DeepMind co-founder Mustafa Suleyman to lead a new team focused on its consumer AI products. Suleyman is stepping down as CEO of Inflection AI, a startup he co-launched alongside tech billionaires. Read more: