AMI Labs, the startup founded by former Meta chief AI scientist Yann LeCun, has raised more than $1bn in its seed round, making it the largest seed funding round ever secured by a European company. Sifted reports that investors include chip giant Nvidia, Singapore’s Temasek, French firms Cathay Innovation and Daphni, German VC HV Capital, …
Netflix has acquired InterPositive, an AI tools company founded by actor and filmmaker Ben Affleck, who will now serve as a senior adviser to the streaming giant. Todd Spangler reports for Variety. The full 16-person team of engineers, researchers and creatives will join Netflix as part of the deal. Financial terms were not disclosed. InterPositive, …
Apple has acquired Q.ai, an Israeli artificial intelligence startup specializing in audio technology and facial analysis. The deal values the company at between $1.5 billion and $2 billion, making it Apple’s second-largest acquisition after the $3 billion Beats purchase in 2014. Q.ai was founded in 2022 by Aviad Maizels, Yonatan Wexler, and Avi Barliya in …
The artificial intelligence industry faces a critical shortage of high-quality data needed to train more powerful models. A new startup, Moonlake AI, aims to solve this problem by creating data from interactive 3D worlds. Rashi Shrivastava reports for Forbes. The company was cofounded by former Stanford PhD students Sharon Lee and Fan-Yun Sun. They are …
The AI startup Moonvalley has released a new video generation model named Marey, designed specifically for the film industry. The company aims to position its tool as a collaborative partner for filmmakers rather than a replacement for human creativity. A key feature is that Marey is trained exclusively on licensed data, a strategy intended to …
The $1.5 billion AI startup Builder.ai has filed for bankruptcy after revelations that it used human developers instead of artificial intelligence. Vinay Patel reports for International Business Times that the company’s supposed AI system was actually operated by 700 Indian programmers pretending to be automated bots. Builder.ai raised over $450 million from prominent investors including …
Palo Alto startup Akool has unveiled Live Camera, an AI tool that generates photorealistic avatars and translates speech in real time during video calls. The technology, reported by Dean Takahashi for GamesBeat, allows users to appear as digital avatars while maintaining natural expressions and gestures with sub-100-millisecond latency. “We want to make it so you …
Recraft, an AI startup focused on image generation, has secured $30 million in Series B funding led by Accel. As reported by Charles Rollet for TechCrunch, the company’s “red_panda” model recently outperformed OpenAI’s DALL-E and Midjourney on the Artificial Analysis benchmark. Founder and CEO Anna Veronika Dorogush highlighted that Recraft’s technology excels specifically at brand-focused …
Operative Games has unveiled its AI-driven interactive storytelling platform after emerging from stealth with backing from 1AM Gaming, Samsung Next, and LongJourney.vc. As reported by Dean Takahashi, the company was founded by Jon Snoddy, former head of Walt Disney R&D, Jon Kraft, founding CEO of Pandora Media, and game industry veteran Pegi Bryant. Their proprietary …
A growing number of AI startups are redefining Silicon Valley’s traditional growth model by operating with minimal staff while achieving significant revenue and user numbers. According to an article by Erin Griffith in The New York Times, these companies are leveraging AI tools to maximize employee productivity across all business functions. Gamma, an AI startup …