Jasper has successfully completed the acquisition of Clipdrop, the AI image platform under Stability AI. Clipdrop offers powerful AI image editing tools that enterprise clients can access through the Jasper API. Stability AI sold Clipdrop to Jasper due to financial difficulties. This acquisition will enhance Jasper's market share in the AI image processing sector.

The Silicon Valley AI startup market has recently undergone significant changes. Amid the investment frenzy, companies like Jasper have emerged as the biggest losers. Jasper's high valuation has not been recognized by the market, and its product is not deemed essential. Some chatbot startups lack technical barriers and have failed to stand out. Successful players include established tech companies and small firms, the latter of which are forming a new trend of micro SaaS.