Monday, January 6, 2025

Avataar debuts Velocity, an AI tool that generates product videos based on a product link, and says HP, Victoria's Secret, Lowe's, and others are using the tool (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Avataar debuts Velocity, an AI tool that generates product videos based on a product link, and says HP, Victoria's Secret, Lowe's, and others are using the tool  —  Generative AI models have reached a baseline capability of producing at least a passable video from a single image or short sentence.



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PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg : PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion ...