Author: Jason

  • Canva is getting AI image generation, interactive coding, spreadsheets and more

    Although there has been significant pushback from artists regarding the proliferation of AI design tools and the content used to train generative models, the companies making the software for creative work are nevertheless building AI into their toolkits. It’s a signal of just how quickly AI has gained importance — regardless of what their customers… Read more

  • LiveKit’s tools power real-time communications, including OpenAI’s Voice Mode

    A challenge for many tech companies is delivering high-bandwidth, multimodal data — for example, simultaneous audio and video — to users in real time without interruptions. Some firms build solutions in-house, but these often require a lot of upkeep and maintenance. To ease the burden, Russ d’Sa and David Zhao created LiveKit, an open-source software… Read more

  • Meghan Markle has made another angel investment

    Meghan is stepping further into the world of business and entrepreneurship.  In an interview with Fortune, Meghan revealed that she is an angel investor in the healthcare company Midi, which provides a virtual platform to help treat women experiencing menopause and other health-related concerns.  She joined the company’s $63 million Series B round last March,… Read more

  • Sydney Thomas’s Symphonic Capital raises $13.5M for inaugural fund 

    Symphonic Capital announced today in a blog post that it raised $13.5 million for its inaugural fund to invest in early-stage companies.  Sydney Thomas launched the firm in 2022 after leaving Charles Hudson’s Percursor Ventures, where she was the first hire.  Thomas said her fund will focus on founders outside of the Bay who are… Read more

  • Glossier might lose its unicorn status, report says

    Glossier is reportedly fundraising again, aiming to raise $100 million with a valuation “south of a billion dollars,” according to Puck.  Glossier, still one of the more popular beauty brands, was last valued at $1.8 billion nearly four years ago but has struggled with profitability and scale these past few years. Glossier did not immediately… Read more

  • YouTube rolls out a free AI music-making tool for creators

    YouTube is launching a new feature that will allow creators to use AI technology to generate custom instrumental backing music that can be added to their videos. In an update published to its Creator Insider channel this week, the company shared that it’s beginning to roll out an update to its Creator Music marketplace that… Read more

  • Amazon CEO Andy Jassy urges companies to invest heavily in AI

    Amazon CEO Andy Jassy thinks companies should invest “aggressively” in AI now to reap the full financial rewards in the future. In his annual letter to Amazon shareholders published Thursday, Jassy said “substantial capital” is required to keep up with the pace of AI innovation and customer demand for AI products. He added that Amazon,… Read more

  • Rebooted Digg launches early-access community with $5 fee

    The reboot of early-internet social news site Digg is underway. Original founder Kevin Rose and Reddit co-founder Alexis Ohanian have launched an early-access community for some of the first people who signed up after last month’s announcement that the pair had bought Digg and planned to relaunch it as something new. The early-access program is… Read more

  • Google thinks AI can untangle the electrical grid’s bureaucracy

    Google, PJM, and Tapestry announced a partnership to develop AI tools to speed interconnection requests through the queue. Read more

  • NHTSA’s self-driving safety staff reportedly ‘disproportionally affected’ by DOGE cuts

    The cuts that Elon Musk’s Department of Government Efficiency made at the National Highway Traffic Safety Administration in February “disproportionately affected” employees working on vehicle automation safety, according to The Financial Times. That division was formed in 2023 and therefore included a number of staffers who were still in their initial probationary hiring period, which… Read more