Captions has raised $60 million in a Series C funding round to invest in its generative artificial intelligence (GenAI) platform for creating and editing video. The company will use the new funding to grow its machine learning (ML) team and continue investing in its in-house...
Artificial intelligence (AI)-powered video startup Runway is reportedly looking to raise $450 million at a valuation of $4 billion. The company is in talks with investors, Reuters reported Tuesday (July 2) based on a paywalled article by The Information that cited unnamed sources. Runway did...
Artificial intelligence startup Luma AI unveiled a tool that can generate realistic video footage from a few lines of text, opening up new possibilities for rapid video creation. The company’s “Dream Machine” platform, now available to the public, allows anyone to type in a descriptive...
October 14, 2024
Adobe is rolling out an artificial intelligence (AI) model that can use text prompts to generate video. The Firefly Video Model was announced Monday (Oct. 14) as part of the company’s larger Adobe MAX product showcase. The announcement comes on the heels of AI–powered video tools from other tech companies, such as OpenAI, ByteDance and […]
July 09, 2024
Captions has raised $60 million in a Series C funding round to invest in its generative artificial intelligence (GenAI) platform for creating and editing video. The company will use the...
July 02, 2024
Artificial intelligence (AI)-powered video startup Runway is reportedly looking to raise $450 million at a valuation of $4 billion. The company is in talks with investors, Reuters reported Tuesday (July...
