Wednesday, August 14, 2024

Filmmakers say AI will change the art — perhaps beyond recognition

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One of the first topics tackled was the impractical nature of today's video generators.

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Palo Alto Networks CEO apologizes for happy hour display featuring women with lampshades on their heads

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Cybersecurity giant Palo Alto Networks is getting a lot of grief for a recent trade show event in which two women posed with lampshades on their heads. The debacle — which unflatteringly recalls the CES booth babes of the early ’90s and 2000s — reportedly happened at a happy hour hosted by CyberRisk Collaborative and […]

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Definity raises $4.5M as it looks to transform data application observability

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Definity focuses on the data transformation plane on top of a data lake or warehouse, not the data ingestion part of the pipeline.

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Databricks reportedly paid $2 billion in Tabular acquisition

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Analytics and AI giant Databricks reportedly paid nearly $2 billion when it acquired Tabular in June, a startup that was only doing $1 million in annual recurring revenue, according to Bloomberg. That’s a pretty outrageous exit multiple, and it was purportedly fueled by a battle between Databricks and Snowflake. Tabular had over $30 million in […]

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Stoke Space’s initial launch plans at Cape Canaveral take shape

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Stoke Space is nothing if not ambitious. The five-year-old launch startup has generated a lot of hype due to its bold plans to develop the first fully reusable rocket, with both the booster and second stage vertically returning to Earth. Those plans got a major boost a year ago, when the U.S. Space Force awarded […]

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Kiteworks captures $456M at a $1B+ valuation to help secure sensitive data

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Mark up another unicorn and large funding round for the cybersecurity industry: Kiteworks, a company that builds tools to secure email communications, file sharing, and other situations where people are working with sensitive or proprietary data outside their firewalls, has raised $456 million from Insight Partners and Sixth Street Growth. The investment values the company […]

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Apple finally allows Spotify to show pricing info to EU users on iOS

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Spotify will be able to display the pricing for things like Spotify subscriptions and digital goods, including Spotify's more recently added collection of audiobooks.

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The defense tech acquisition spree has begun: Autonomous factory startup Hadrian acquires Datum Source

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Hadrian announced they bought Datum Source, a software company founded by SpaceX alums that uses AI to help hardware companies find manufacturing partners.

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India’s top court clears way for Byju’s insolvency proceedings

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India’s top court has put on hold a tribunal ruling that halted Byju’s insolvency proceedings in a win for U.S. creditors that are seeking $1 billion from the edtech startup. The Indian Supreme Court ordered on Wednesday a stay on the National Company Law Appellate Tribunal’s recent approval of a settlement between the Indian cricket […]

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Winning a gold medal is a lot like being a VC, according to Olympic champion Kristen Faulkner

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Kristen Faulkner astonishing Olympic success of two gold medals stems from lessons learned from her former career as a venture capitalist, she says.

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xAI’s Grok can now generate images on X

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Elon Musk-owned xAI’s Grok AI model can now generate images on X social network. Grok access is currently limited to Premium and Premium+ users on X. The text below the sample image prompts suggests that Grok is using FLUX.1 by Black Forest Labs to create these images. Early images generated by users suggest that Grok’s […]

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Google faces headwinds as it brings Pixel 9 to India

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Google Pixel 9 series India launch coincides with the expansion of its sales channels and after-sales support in the country.

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Zepto hits $5B valuation as quick commerce heats up in India

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Zepto has finalized a $340 million round that increases its valuation to $5 billion, up from $3.6 billion in June, as the startup races to win market share in India’s contested quick commerce market. General Catalyst and Mars Growth Capital are co-leading the Series G round, according to people familiar with the matter. The round […]

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