Tech

Generative AI video startup Tavus raises $18M to bring face and voice cloning to any app

Tavus, a four-year-old generative AI startup that helps companies create digital “replicas” of individuals for automated personalized video campaigns, has confirmed a fresh $18 million in funding and revealed that it’s opening its platform for third-parties to integrate its technology into their own software. Reports emerged back in August that Tavus had raised “about $18 […]
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Peak XV to launch perpetual fund backed by own partners, other leaders

Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, according to an internal memo and a source familiar with the matter, as the venture firm seeks to become a significant LP in the firm’s future vehicles and explore investment in different asset classes. The most influential venture investor in […]
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Bear Robotics, a robot waiter startup, just picked up $60M from LG

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the California startup that makes artificial intelligence-powered server robots for restaurants and other venues — autonomous tray towers on wheels that are […]
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Applied Intuition lands $6 billion valuation for AI-powered autonomous vehicle software

Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence to the automotive, defense, construction and agriculture sectors. The eye-popping funding round is the latest example of investor fervor for AI. Applied Intuition appears to have nailed […]
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Inclusivity-focused VC Ada Ventures pulls in $80M for second fund

UK-based Ada Ventures is an unusual VC. Instead of just talking about SaaS or AI, it hunts down founders addressing inclusivity and diversity. Instead of confusing LPs with this methodology, it’s attracted them, thus hitting the $80 million mark for the final close of its second fund (it reached $44.7 million as its first close […]
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Quick commerce is making fast inroads in India

Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded shops in the past two years, India is emerging as a striking outlier where the model — of delivering items to customers in 10-20 minutes — appears to be working. India’s quick commerce market has witnessed a staggering 10-fold […]
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The loneliness of the robotic humanoid

Perhaps a few years from now, the halls of the Georgia World Congress Center will be peppered with humanoid robots the week of Modex. In 2024, however, Digit stands alone at the supply chain show. It’s a testament to Agility’s healthy head start over competitors like Figure, Tesla, 1X and Apptronik. This time last year […]
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Four things we learned when US spy chiefs testified to Congress

Cyberattacks, regional conflict, weapons of mass destruction, terrorism, commercial spyware, AI, misinformation, disinformation, deepfakes and TikTok. These are just some of the top perceived threats that the United States faces, according to the U.S. government’s intelligence agency’s latest global risk assessment. The unclassified report published Monday — sanitized for public release — gave a frank […]
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