AI & RoboticsNews

Madrona Venture Labs announces $11M round to fund pre-seed AI founders

Madrona Venture Labs (MVL), a pre-seed startup incubator-of-sorts based in Seattle, Washington that bills itself as “an enterprise AI startup studio … for founders, by founders” has secured $11 million for its fifth fund, with a focus on empowering the next generation of AI founders. The funding round was led by sibling firm, the mighty Seattle giant Madrona Venture Group, and saw…
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AI & RoboticsNews

Dropbox introduces generative AI-powered products to ease knowledge work

Cloud storage provider Dropbox today unveiled a suite of AI-powered products designed to ease knowledge work. The company’s latest offerings, Dropbox Dash and Dropbox AI, aim to boost productivity and streamline workflows, delivering users a more personalized work experience. According to the company, these products are just the beginning of a series of personalized AI experiences Dropbox…
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AI & RoboticsNews

Adobe Stock creators aren’t happy with Firefly, the company’s ‘commercially safe’ gen AI tool

Adobe’s stock soared after a strong earnings report last week — where executives touted the success of its “commercially safe” generative AI image generation platform Adobe Firefly. They say Firefly was trained on hundreds of millions of licensed images in the company’s royalty-free Adobe Stock offering, as well as on “openly licensed content and other public domain content without…
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AI & RoboticsNews

Now hear this: Voice cloning AI startup ElevenLabs nabs $19M from a16z and other heavy hitters

ElevenLabs, a year-old AI startup from former Google and Palantir employees that is focused on creating new text-to-speech and voice cloning tools, has raised $19 million in a series A round co-led by Andreessen Horowitz (a16z), former Github CEO Nat Friedman and former Apple AI leader Daniel Gross, with additional participation from Credo Ventures, Concept Ventures and an array of strategic angel…
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