Category: Uncategorized
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Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps
Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million). The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money. On the surface,… Read more
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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
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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
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OpenAI updates ChatGPT to reference your past chats
OpenAI announced on Thursday that it’s starting to roll out a new memory feature in ChatGPT that allows the chatbot to tailor its answers to users based on the contents of their previous conversations. OpenAI says the feature, which appears in ChatGPT’s settings as “reference saved memories,” aims to make conversations with ChatGPT more relevant… Read more
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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
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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
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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
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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
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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
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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