Google acquired Alter, an AI avatar startup that helps creators and brands express their virtual identity; source: the deal closed two months ago for ~$100M (Manish Singh/TechCrunch)

Cade Metz / New York Times:
A look at Anthropic, which raised $580M led by SBF in April to research “AI safety”, and 70 AI-related organizations SBF and FTX executives invested $530M+ in  —  Mr. Bankman-Fried and his colleagues spent more than $530 million to battle what they saw as the dangers of artificial intelligence.

Wall Street Journal:
A profile of OpenAI, which raised $1B from Microsoft after Sam Altman demoed an AI model to Satya Nadella in 2019, as some remain skeptical about its revenue  —  Behind ChatGPT and other AI breakthroughs was Sam Altman’s fundraising—but skeptics remain  —  ChatGPT, the artificial-intelligence …

Nitasha Tiku / Washington Post:
OpenAI plans to remove the waitlist for DALL-E today, giving anyone immediate access; Sam Altman says a public release is an essential step for safe development  —  None of these photos were taken by a camera.  —  All of these images were created by the artificial intelligence text …

Manish Singh / TechCrunch:
New York- and Bengaluru-based Amagi, a streaming video and ads infrastructure startup, raised a $100M+ Series F led by General Atlantic at a $1.4B valuation  —  Amagi, which offers cloud broadcast and targeted advertising software to scores of media and entertainment giants …

Brandy Betz / CoinDesk:
Blockchain intelligence startup TRM Labs raised a $70M Series B extension led by Thoma Bravo, bringing the round to $130M  —  Goldman Sachs, PayPal Ventures, Amex Ventures, and Citi Ventures also participated.  —  Blockchain intelligence firm TRM Labs has raised $70 million …

Manish Singh / TechCrunch:
Indian B2B marketplace Udaan raised $120M in convertible notes and debt, taking its funding to $350M+ in the past year, and plans an IPO in 12-18 months  —  India’s Udaan has raised $120 million in convertible notes and debt led by existing shareholders and bondholders …