Scenario lands $6M for its AI platform that generates game art assets

By News Curator

Depending on who you ask, generative AI is either massively overhyped or undervalued. Defined as algorithm-driven tech that creates text, art and other forms of media given a prompt, it’s captured the attention of major VC backers who’ve piled hundreds of millions of dollars into firms like Jasper and Stability AI. But generative AI has…

ImagenAI, which uses AI to personalize photo editing styles, lands $30M

By News Curator

ImagenAI, a startup using AI to help professional photographers edit photos and automate post-production work, today announced that it raised $30 million in an all-equity growth investment from Summit Partners. The new capital brings Imagen’s total raised to $34 million, and co-founder and CEO Yotam Gil tells TechCrunch that it’ll be used to expand the…

Deep Render believes AI holds the key to more efficient video compression

By News Curator

Chri Besenbruch, CEO of Deep Render, sees many problems with the way video compression standards are developed today. He thinks they aren’t advancing quickly enough, bemoans the fact that they’re plagued with legal uncertainty and decries their reliance on specialized hardware for acceleration. “The codec development process is broken,” Besenbruch said in an interview with…