AI & RoboticsNews

Mirage raises $75M to continue building models for its AI video-editing app Captions

Mirage, the maker of video-editing app Captions, has raised $75 million in growth financing from General Catalyst’s Customer Value Fund (CVF). Over the past year, the startup has made significant changes both to its product and corporate identity. The startup rebranded from Captions to Mirage to position itself as an AI lab that produces different models and also caters to industries like…
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AI & RoboticsNews

The best AI investment might be in energy tech

Venture capitalists have placed increasingly bigger bets on AI startups, investing over half a trillion dollars into the sector over the last five years. But these days, the smartest AI investment might be in energy, according to a report by Sightline Climate. Researchers found that up to 50% of data center projects that have been announced might be delayed. One of the biggest culprits is access…
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AI & RoboticsNews

Meta rolls out new AI content enforcement systems while reducing reliance on third-party vendors

Meta on Thursday announced that it’s starting to roll out more advanced AI systems to handle content enforcement as it plans to cut back on third-party vendors. Tasks related to content enforcement include catching and removing content about terrorism, child exploitation, drugs, fraud, and scams. The company says it will deploy these more advanced AI systems across its apps once they…
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