Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI
Console's mission is to help IT teams reduce mundane, repetitive tasks, thereby freeing up time for help desk professionals to work on more strategic and sophisticated projects.
Read moreFormer DreamWorks CEO Jeffrey Katzenberg co-leads $15.5M Series A for AI video ad platform
DreamWorks co-founder Jeffrey Katzenberg’s venture fund WndrCo co-led a $15.5 million Series A round for Creatify, an AI video ad platform. Creatify’s AdMax platform uses AI to quickly generate dozens of video advertisements, which are geared toward social media marketing — AdMax analyzes high-performing social video campaigns on apps like
Read moreMicrosoft Bing gets a free Sora-powered AI video generator
Microsoft Bing announced Monday that it is introducing the Bing Video Creator to its app, which uses OpenAI's Sora model to let users generate videos from text prompts.
Read moreSnowflake to acquire database startup Crunchy Data
Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon.
Read moreDigg’s founders explain how they’re building a site for humans in the AI era
The rebooted version of social site Digg aims to bring back the spirit of the old web.
Read moreChatbot platform Character.AI unveils video generation, social feeds
Character.AI's new multimedia features include AvatarFX, plus Scenes and Streams, which allow users to create videos featuring their characters and then share them on a new social feed.
Read moreSalesforce buys Moonhub, a startup building AI tools for hiring
Salesforce has quietly snapped up Moonhub, a startup building AI to vet and hire talent. The terms of the deal weren’t disclosed. In a post on Moonhub’s website on Monday, the company said that its entire Menlo Park, California-based team will be joining Salesforce, an early investor in Moonhub. “As
Read moreChime, last valued at $25B, aims for $11B in upcoming IPO
Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26. That’s an up-to-$11.2-billion market cap. At the mid-range, the company will raise $800 million for itself and a handful of investors, including European VC powerhouse Cathay
Read moreBreakneck data center growth challenges Microsoft’s sustainability goals
Microsoft's sustainability goals are imperiled by its push into AI and cloud services.
Read moreIBM acquires data analysis startup Seek AI, opens AI accelerator in NYC
IBM on Monday said that it has acquired Seek AI, an AI platform that allows users to ask questions about enterprise data using natural language, for an undisclosed sum. Seek CEO and founder Sarah Nagy said that the startup’s technology will be a key part of Watsonx AI Labs, IBM’s
Read more