HeyGen, an AI video startup, raises $500 million in funding lead by Benchmark, totaling $60 million. Benchmark's Victor Lazarte becomes a board member as the business seeks to transform avatar-based digital communication. Despite difficulties and criticism over its roots, HeyGen, which has over 40,000 customers and a profitable Q2 in 2023, uses AI for multilingual avatars, improving visual storytelling in business applications.
Sakana AI, co-founded by former Google researchers, achieves unicorn status with a $1.1 billion valuation, marking the fastest rise in Japan. Discover how their distinct, evolution-inspired AI model, which requires less resources and processing power draws in big venture capital firms.
DeepL secures $300 million investment at a $2 billion valuation to revolutionize business communication with advanced AI language solutions. Discover how DeepL's specialized AI models drive cost savings, efficiency, and accuracy for over 100,000 global businesses.
Discover how Midjourney is revolutionizing AI image creation. Learn about its advanced features, new personalization options, and how it's taking AI-generated images to new levels of realism and creativity.
Discover Apple Intelligence from WWDC 2024: Enhanced AI for iOS, iPadOS, and macOS with smarter Siri, generative emojis, advanced photo editing, and robust privacy features.
Learn about Creance.ai, the new AI project from PwC and Aleph Alpha that simplifies legal compliance using the same technology that powers ChatGPT. With a focus on automating intricate regulatory processes, Creance.ai, under the direction of Carsten Dirks and supported by large investments, helps financial institutions efficiently comply with EU DORA regulations.
Discover the latest AI-powered features in Apple's iOS 18, set to be unveiled at WWDC 2024. Learn about enhanced Siri capabilities, AI photo retouching, intelligent Safari recaps, and more innovations in the upcoming iPhone update.
Discover details of the most recent significant outages that affected popular AI services including Perplexity, Claude from Anthropic, and ChatGPT from OpenAI, leaving users all across the world without service. Find out what this means for AI reliability and how these simultaneous disruptions might point to more serious infrastructure problems.
By acquiring AI startup Verta, Cloudera expands its data management suite and gives its platform access to new AI capabilities. Learn how this move places Cloudera in the competitive AI-driven cloud market alongside leaders in the industry like Databricks and Snowflake by combining modern technology with elite talent
Discover how AI models mimic human biases in number selection, showing preferences and limitations reflective of their training data in a revealing experiment by Gramener engineers.
Discover ByteDance Research's G-DIG, a game-changing method in machine translation, enhancing data quality and diversity for superior accuracy and efficiency. Learn about this innovative, gradient-based approach that's reshaping the future of NLP.
Discover how Suno, a AI music startup, has raised $125 million to transform music production. Founded by a Harvard physicist, Suno uses AI to let anyone create music from simple prompts, aiming to democratize music creation and empower global artistic expression. Learn about their mission, innovative technology, and the potential shift in the music industry's future.