The AI coding assistant Cursor has secured $100 million in Series B funding, reaching a post-money valuation of $2.6 billion. According to Marina Temkin of TechCrunch, the funding round was led by returning investor Thrive Capital, with Andreessen Horowitz also participating. The investment comes just four months after Cursor’s $60 million Series A round. The … Read more
Backflip has developed an AI-powered platform that converts text prompts, sketches, and photos into 3D designs. As reported by Charles Rollet for TechCrunch, the startup has secured $30 million in Series A funding led by Andreessen Horowitz and New Enterprise Associates. The technology aims to simplify computer-aided design, reducing hours of specialized work to minutes. … Read more
Chinese autonomous trucking company TuSimple has transformed into CreateAI, shifting its focus to video game development and animation. According to Evelyn Cheng’s report for CNBC, the company plans to leverage its artificial intelligence expertise to reduce triple-A game production costs by 70% over the next five to six years. CEO Cheng Lu expects the company … Read more
Former Google employees are playing a significant role in shaping the artificial intelligence industry, according to a new study by WriterBuddy.ai. The research found that 14 of the top 50 AI startups are led by ex-Google staff, with these companies collectively raising $14.7 billion in funding and achieving a combined valuation of $71.6 billion. The … Read more
Emergence AI has unveiled a new enterprise-grade autonomous multi-agent AI orchestrator designed to integrate multiple software systems across organizations. According to an article by Carl Franzen in VentureBeat, the platform enables seamless workflow automation between different vendors’ applications. The company, founded by IBM Research veterans and backed by $97 million in funding, differentiates its offering … Read more
Three leading members of Google’s NotebookLM team have departed the company to establish their own AI venture, according to reporting by Charles Rollet for TechCrunch. Former team lead Raiza Martin, designer Jason Spielman, and engineer Stephen Hughes will focus on developing consumer-oriented artificial intelligence products. The startup remains in stealth mode with minimal public information … Read more
World Labs, founded by AI researcher Fei-Fei Li, has introduced an AI system that can generate interactive 3D environments from a single image. The company has secured $230 million in funding and reached a valuation of over $1 billion, with investors including Andreessen Horowitz and Intel Capital. The system allows users to explore AI-generated 3D … Read more
A new publishing startup called Spines has drawn criticism from writers and publishers over its plans to publish 8,000 books in 2025 using artificial intelligence. As reported by Ella Creamer for The Guardian, the company will charge authors between $1,200 and $5,000 for AI-assisted publishing services including proofreading, formatting, and distribution. Industry professionals, including independent … Read more
H, a Paris-based AI startup, has launched Runner H, its first product focused on business automation and quality assurance. As reported by Ingrid Lunden for TechCrunch, the company, which previously raised $220 million in seed funding, has developed the product using a proprietary “compact” language model with just 2 billion parameters. Runner H targets three … Read more
Moonvalley, a Los Angeles-based startup, is developing generative video tools with a focus on ethical data usage and creator rights. As reported by Kyle Wiggers for TechCrunch, the company distinguishes itself by exclusively using licensed content from opted-in creators for training its AI models. Founded by former Zapier executive Naeem Talukdar and DeepMind scientists, Moonvalley … Read more