TwelveLabs, a startup specializing in multimodal AI models, has secured $30 million in new funding to scale its video-first intelligence platform. The investment, which brings the company’s total capital raised…
Harvard University has officially partnered with Google to release a massive dataset containing approximately 1 million public-domain books. This initiative aims to democratize access to high-quality training data for artificial…
Spotify has officially pulled the plug on its Car Thing hardware, confirming that all units of the in-car streaming device are now completely non-operational. The shutdown marks the final chapter…
OpenAI officially launched its highly anticipated video-generation tool, Sora, this Monday. However, the company is withholding access to a critical feature—the ability to generate videos using uploaded images or footage…
OpenAI has officially launched its highly anticipated video generation tool, Sora, for ChatGPT Plus and Pro subscribers. Starting December 9, 2024, users in eligible regions can access the system to…
Walmart has officially finalized its $2.3 billion acquisition of television manufacturer Vizio, a strategic move designed to aggressively scale its advertising division. The all-cash transaction, which was first announced in…
Spotify officially launched Spotify for Authors this Tuesday, a comprehensive dashboard designed to provide writers and publishers with advanced data analytics and promotional capabilities. Following the success of Spotify for…
Italian tech firm Bending Spoons has entered into a definitive agreement to acquire Brightcove, a prominent cloud-based video management and monetization platform, in an all-cash transaction valued at $233 million.…
Tubi, the Fox-owned ad-supported streaming service, is officially entering the short-form video arena with the launch of its new feature, “Scenes.” Designed to compete with platforms like TikTok, Instagram Reels,…
Spines, an AI-powered publishing startup, has secured $16 million in a Series A funding round to accelerate its mission of transforming the book industry. By leveraging automation, the company slashes…
Hollywood actor and filmmaker Ben Affleck recently dismissed concerns regarding artificial intelligence replacing human talent in the film industry. Speaking during a CNBC interview last week, Affleck argued that while…
Meghan Markle has officially expanded her business footprint by becoming an investor in Highbrow Hippie, a hair and wellness brand co-founded by her longtime colorist, Kadi Lee, and Myka Harris.…
