2025-01-15
Synthesia becomes UK’s biggest GenAI company with $2.1B valuation
Synthesia has claimed the crown of Britain’s biggest GenAI company after raising $180mn at a $2.1bn valuation. The London-based business generates lifelike avatars for video content. Enterprises use the software to produce training content and corporate communications. The tech has made Synthesia a leader in the burgeoning synthetic media industry. According to the startup, over 60,000 businesses are customers — including more than 60% of the Fortune 100. Investors have also shown a growing interest. In 2023, Synthesia earned unicorn status after sec [...]
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2025-04-10
Shutterstock licenses its video library to AI corporate video company
It's 2025, so it should be no surprise that another organization has sold its soul (entered into a licensing deal with an AI company) for an undisclosed sum. A new partnership allows UK-based Syn [...]
2025-03-18
AI coding startup Cognition AI behind Devin hits $4 billion valuation
Cognition AI has secured hundreds of millions in new funding at a nearly $4 billion valuation, with venture capital firm 8VC leading the round.<br /> The article AI coding startup Cognition AI b [...]
2025-01-02
Top 10 AI Tools That Will Transform Your Content Creation in 2025
Looking to level up your content creation game in 2025? You're in the right place! The digital landscape has evolved dramatically, and AI tools have become essential for creators who want to stay [...]
2025-01-11
Our unofficial, silly and meaningless CES 2025 awards, just for fun
CES (formerly the Consumer Electronics Show) is the biggest tech convention of the year. It helps set the stage for all the wonderful gadgets we're going to see over the next 12 months. However, [...]
2025-03-03
Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues
Anthropic secures $3.5 billion in Series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry [...]
2025-02-17
Netherlands a rare bright spot as EU struggles to make and keep unicorns
The US continues to hog the global herd of unicorns, dwarfing the EU in both the number and total valuation of billion-dollar startups. However, the Netherlands provides a minor bright spot, according [...]
2025-04-01
OpenAI is now worth more than Chevron, McDonald's, and Salesforce
Sam Altman’s OpenAI has closed a new $40 billion fundraising deal that almost doubles the firm’s valuation and cements it as one of the most valuable private companies in the world.Read more... [...]