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…
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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…
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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.
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AI & RoboticsNews

Language learning marketplace Preply’s unicorn status embodies Ukrainian resilience

Language learning marketplace Preply is now valued at $1.2 billion after raising a $150 million Series D round that marks a new chapter for the 14-year-old company, whose previous backers include Horizon Capital, Hoxton Ventures, Owl Ventures and Techstars Berlin. While Preply has been connecting language learners with tutors since 2013, it has now been EBITDA profitable for 12 months. Not…
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