AI & RoboticsNews

Node-based design tool Flora raises $42M from Redpoint Ventures

Flora, a design tool used by designers at Alibaba, Brex, creative agency Pentagram, and entertainment company Lionsgate, has hit a new milestone. The startup has raised $42 million in Series A led by Redpoint Ventures, it announced on Tuesday. Generative AI models can be used in the design process via prompts and other multimodal inputs. Software companies like Adobe, Figma, and Canva have also…
Read more
AI & RoboticsNews

Synthesia hits $4B valuation, lets employees cash out

British startup Synthesia, whose AI platform helps companies create interactive training videos, has raised a $200 million Series E round of funding that brings its valuation to $4 billion – up from $2.1 billion just a year ago. Unlike some other AI startups that are still a long way from turning a profit, Synthesia has found a lucrative business in transforming corporate training thanks to…
Read more
AI & RoboticsNews

Meta pauses teen access to AI characters ahead of new version

Meta today said that it is pausing teens’ access to its AI characters globally across all its apps. The company mentioned that it is not abandoning its efforts but wants to develop an updated version of AI characters for teens, the company exclusively told TechCrunch. The move comes days before a case against Meta is set to go to trial in New Mexico, in which the company is accused of not…
Read more
AI & RoboticsNews

Quadric rides the shift from cloud AI to on-device inference — and it’s paying off

Companies and governments are looking for tools to run AI locally in a bid to slash cloud infrastructure costs and build sovereign capability. Quadric, a chip-IP startup founded by veterans of early bitcoin mining firm 21E6, is trying to power that shift, scaling beyond automotive into laptops and industrial devices, with its on-device inference technology. That expansion is already paying off.
Read more