Source: Trajectory, founded by ex-DeepMind, Apple, OpenAI, and Meta staffers to build continual learning models, raised $40M led by Sequoia at a $300M valuation (Stephanie Palazzolo/The Information)

Stephanie Palazzolo / The Information: Source: Trajectory, founded by ex-DeepMind, Apple, OpenAI, and Meta staffers to build continual learning models, raised $40M led by Sequoia at a $300M valuation — As closed-source models have gotten more expensive, businesses have found workarounds by customizing open-source AI for their specific needs.