Sunday, September 1, 2024

A look at NightCafe, a bootstrapped generative art marketplace with 25M users who created ~1B images; source: it has $4M annualized revenue with a ~50% margin (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
A look at NightCafe, a bootstrapped generative art marketplace with 25M users who created ~1B images; source: it has $4M annualized revenue with a ~50% margin  —  The OG of image generation is a success, minus some moderation challenges  —  Elle Russell, co-founder of Cairns …



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London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series A, sources say at a $500M+ post-money valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch : London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series ...