Runway earmarks $5M to fund up to 100 films using AI-generated video

AI video generators need to believe that filmmakers will use their models in the production process. Otherwise why exist? To jump start the new AI film ecosystem, Runway has set aside $5 million in cash and more in service credits to fund up to 100 original films. If you’re an…Read More

Nomi AI wants to make the most emotionally intelligent chatbots on the market

As OpenAI boasts about its o1 model’s increased thoughtfulness, a small, self-funded startup Nomi AI is building the same kind of technology. Unlike the broad generalist ChatGPT, which slows down to think through anything from math problems or historical research, N…Read More

The WordPress vs WP Engine drama, explained

The world of WordPress, one of the most popular technologies for creating and hosting websites, is going through a very heated controversy. The core issue is the fight between WordPress founder and Automattic CEO Matt Mullenweg and WP Engine, which hosts web sites built on WordPress. WordPress…Read More

After is a new dating app that tries to tackle ghosting

A new female-founded dating app called After is launching in Austin, Texas on Thursday with the mission of tackling ghosting and holding people accountable.  What sets the app apart from the rest of the dating app scene is that After requires users to share why they have unmatched a person…Read More

Peak XV has reaped $1.2B in the year since it split from Sequoia

Peak XV Partners, the largest India-focused venture fund, has realized about $1.2 billion in exits since it separated from Sequoia last year.
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Peak XV has reaped $1.2B in the year since it split from Sequoia

Peak XV Partners, the largest India-focused venture fund, has realized about $1.2 billion in exits since it separated from Sequoia last year.
© 2024 TechCrunch. All rights reserved. For personal use only.

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OpenAI’s chief research officer has left following CTO Mira Murati’s exit

OpenAI’s chief research officer, Bob McGrew, and a research VP, Barret Zoph, have left the company hours after OpenAI CTO Mira Murati announced she would be departing. CEO Sam Altman revealed the two latest resignations in a post on X Wednesday evening, along with lea…Read More

13 companies from YC Demo Day 1 that are worth paying attention to

Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problems like estate planning and automating clinical trial data.
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Diagrid launches Catalyst to help enterprises build their microservices

Back in 2019, Microsoft launched Dapr, a new open-source project that made building event-driven distributed applications easier for developers. Like so many popular open-source projects, Dapr spawned its own ecosystem, especially after Microsoft donated it to the Linux…Read More

Tomasz Tunguz’s Theory Ventures bets $12M on Initia, the ‘iOS for web3’

The promise of blockchain to change the world hasn’t materialized. For the most part, the technology has instead enabled people to speculate on a new asset class. A big hurdle to realizing blockchain’s full potential, web3 proponents argue, is that decentralized servi…Read More

Reddit is bringing AI-powered, automatic translation to dozens of new countries

Reddit is bringing machine learning-powered translations to more than 35 new languages, including Brazilian Portuguese and Spanish.
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Vsim, founded by Nvidia alums, raises $21.5M for robotics simulation tech  

One of the most fundamental breakthroughs at Nvidia has been building processors that power and integrate with highly detailed, compute-intensive graphical simulations, which can be used in a wide range of applications, from games and industrial developments through to…Read More

Vsim, founded by Nvidia alums, raises $21.5M for robotics simulation tech  

One of the most fundamental breakthroughs at Nvidia has been building processors that power and integrate with highly detailed, compute-intensive graphical simulations, which can be used in a wide range of applications, from games and industrial developments through to…Read More

Salesforce snatches up Zoomin, a tool for organizing company knowledge

Salesforce is on a buying spree. After snatching up data management firm Own earlier in the month, Salesforce today announced its plans to buy Zoomin, an enterprise knowledge platform. Zoomin — which we’ve covered a handful of times before — unifies a company’s docs, like pro…Read More