Freepik rebrands as Magnific: a bootstrapped, profitable $230M ARR AI creative platform
The new name unifies what was previously fragmented across Freepik (stock assets), Magnific (AI upscaling), and several other products. One million paying subscribers. 250 enterprise customers, including BBC, Puma, and Amazon Prime Video. CEO Joaquín Cuenca has never taken outside investment. The company is profitable. Freepik, the Málaga-founded AI creative platform, announced on Tuesday that […]<br /> This story continues at The Next Web [...]
Rating
Innovation
Pricing
Technology
Usability
We have discovered similar tools to what you are looking for. Check out our suggestions for similar AI tools.
Liquid AI's smallest model yet LFM2.5-230M beats models 4X its size at data extraction, can run 'anywhere'
Liquid AI, founded by former MIT computer scientists, today released its smallest AI language model yet, LFM2.5-230M, and enterprises would do well to consider it for their uses in data extraction and [...]
Every VC-backed e-bike company went bust. Bootstrapped Lectric just had its biggest month ever.
The e-bike industry spent the past two years burying its darlings. VanMoof, the Dutch startup that raised over €200 million, went bankrupt in July 2023. Rad Power Bikes, the Seattle company that r [...]
Softr launches AI-native platform to help nontechnical teams build business apps without code
Softr, the Berlin-based no-code platform used by more than one million builders and 7,000 organizations including Netflix, Google, and Stripe, today launched what it calls an AI-native platform — a [...]
Mistral rebrands LeChat as Vibe, betting its chatbot's future is as a full-blown work agent
Mistral AI is renaming its chatbot Le Chat to Vibe and bundling chat, coding agents and a new Work Mode under one brand. The Work Mode docks onto Google Workspace, Outlook, Slack or GitHub and process [...]
Google rebrands NotebookLM as Gemini Notebook and opens its search app to third-party integration
Google is renaming NotebookLM to Gemini Notebook and integrating the tool more deeply into its ecosystem. A new feature gives each notebook its own cloud computer that can write and run code, initiall [...]
LTX-2.5 can generate a 10-second AI video from an image in just 6.8 seconds on Nvidia superchips — and it's open weights
LTX, the open world model company spun out of Lightricks, today released LTX-2.5, the newest version of its open-weights video and "world" model and it arrives natively integrated into Comfy [...]
TripleDart tops $7 million ARR with AI-led growth, reports 50 per cent EBIT margin
Bengaluru, India TripleDart, a bootstrapped B2B growth company, today announced it has crossed $7 million in annual recurring revenue while operating at a 50% EBIT margin. The company says software, n [...]
