Stelo Labs, a web3 security company, raised $6 million in a seed round led by Andreessen Horowitz. The company was co-founded by Ben Scharfstein, CEO, and Aman Dhesi, CTO. Both have backgrounds in product management — Scharfstein worked at Google, and Dhesi held roles at...
Snap has announced on their fourth-quarter earnings call that it’s technology will eventually be powered by AI. Investors wanted to get a sense of how Snap was thinking about the latest developments in AI — particularly in buzzy areas like generative AI. One pointed to...
Method, a startup that aims to make it easier for fintech developers to embed repayment, balance transfers and bill pay automation into their apps, announced that it closed a $16 million Series A funding round led by Andreessen Horowitz, with participation from Truist Ventures, Y...
Since its launch in 2018, Carry1st, a publisher of social games and interactive content across Africa, has raised funding from investors such as Google via its Africa Investment Fund and Avenir Growth Capital. It’s also received backing from top-tier funds focused on web3 and gaming:...
There’s plenty of vendors in the managed database services market — and plenty that are well financed. SingleStore last October raised $30 million to bring its database tech to new customers. There’s also EdgeDB, which landed $15 million in November ahead of the launch of...
According to recent reports, Amazon is developing a standalone app for watching sports. The move signals Amazon’s continued push toward investing in Prime Video and live sports content. If released, the standalone app would better highlight Amazon’s sports content, which is currently included in the...
OpenAI open sourced Point-E, a machine learning system that creates a 3D object given a text prompt. Point-E can produce 3D models in one to two minutes on a single Nvidia V100 GPU. Point-E doesn’t create 3D objects in the traditional sense. Rather, it generates...
Lensa AI’s popularity has had a notable impact on the App Store’s Top Charts. The photo and video editing app recently went viral over its new “magic avatars” feature, powered by the open source Stable Diffusion model, allowing users to turn their selfies into styled...
Lensa AI’s popularity has had a notable impact on the App Store’s Top Charts. The photo and video editing app recently went viral over its new “magic avatars” feature, powered by the open source Stable Diffusion model, allowing users to turn their selfies into styled...
Magazine reading app Flipboard is becoming the latest contender in the battle to relocate some of the online conversations taking place on Twitter onto its own platform instead. The company announced that Flipboard’s curators will be able to publish original content into their magazine in...
