AI & RoboticsNews

A ‘pound of flesh’ from data centers: one senator’s answer to AI job losses

The signs that AI could lead to mass job displacement are already piling up: Entry-level job postings in the U.S. have sunk 35% since 2023, mass layoffs have swept across Big Tech, and even AI leaders are warning about what’s coming. Backstage at the Axios AI Summit in Washington, D.C., on Wednesday, Sen. Mark Warner (D-VA) said a venture capitalist recently told him he’s writing…
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AI & RoboticsNews

With Sift, two ex-SpaceX engineers are bringing the software that helped launch rockets to the factory floor

The cry of “atoms, not bits!” – a phrase capturing Silicon Valley’s growing obsession with physical manufacturing over digital products – reached a fever pitch last week with word that Jeff Bezos is putting together a $100 billion fund to roll up and automate factories. But automating factories isn’t purely a hardware problem. It increasingly depends on…
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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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