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Why AI is moving from chatbots to the browser

Happy Friday. I’m back from vacation and still getting caught up on everything I missed. AI researchers moving jobs is getting covered like NBA trades now, apparently. Before I get into this week’s issue, I want to make sure you check out my interview with Perplexity CEO Aravind Srinivas on Decoder this week. It’s a good deep dive on the main topic of today’s newsletter. Keep reading for a scoop on Substack and more from this week in AI news. From chatbots to browsers So far, when most people

Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO, and more

In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz; Rich Paul, CEO and founder of Klutch Sports Group; and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity

Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and more

In Brief Substack announced on Thursday that it has raised $100 million in Series C funding led by investors at BOND and The Chernin Group (TCG). The round included participation from Andreessen Horowitz, Rich Paul, CEO and founder of Klutch Sports Group, and Jens Grede, CEO and co-founder of Skims. The New York Times reports that the funding brings Substack’s valuation to $1.1 billion, almost 70% higher than its 2021 valuation of $650 million. Founded in 2017, Substack has gained popularity

Substack brings new updates to livestreaming as it increases video push

Over the past year, Substack has considerably expanded its video tools for creators, evolving from a platform primarily dedicated to newsletters. On Wednesday, Substack announced new features aimed at helping publishers grow and promote their livestreams. The recent update enables creators to share clips of their live videos on Notes, and Substack will notify them in real time about the performance. This way, publishers can determine which clips they should upload to other platforms, such as Yo

Substack Is Having a Moment—Again. But Time Is Running Out

Before June 8, the skilled and respected ABC News television journalist Terry Moran was neither a household name nor political lightning rod. That changed abruptly when Moran posted on X that Donald Trump’s deputy chief of staff Stephen Miller was “a world-class hater,” followed by an addendum that the president was a hater as well. (The post was later taken down.) While the statements were certainly defendable, they apparently violated ABC policy, and Moran was suspended, then dismissed. Moran,