April 2025

Character.AI unveils AvatarFX, an AI video model to create lifelike chatbots

April 22, 2025
Character.AI, a leading platform for chatting and roleplaying with AI-generated characters, unveiled its forthcoming video generation model, AvatarFX, on Tuesday. Available in closed beta, the model animates the platform’s characters in a variety of styles and voices, from human-like characters to 2D animal cartoons. AvatarFX distinguishes itself from competitors like OpenAI’s Sora because it isn’t […]

Burning questions (and some answers) about Bluesky’s new verification system

April 22, 2025
Bluesky’s launch of a verification system has raised a slew of questions among its user base from who will be picked — and why — to what outside organizations might be involved and whether the self-verification process will end? TechCrunch has some answers. After a leak last week, Bluesky officially announced Monday the arrival of […]

Meta releases its CapCut rival Edits globally

April 22, 2025
Meta announced on Tuesday that it’s officially launching Edits, its CapCut-like video creation app. Releasing globally, Edits will allow creators to do things like keep track of video ideas, get inspiration for new content, and create videos with effects and AI tools. The app is available on iOS and Android. All of the app’s features […]

Ex-Meta engineer raises $14M for Lace AI, a revenue generation software startup

April 22, 2025
As an AI engineer at Meta, Boris Valkov helped build PyTorch, one of the world’s largest machine learning libraries. During his time there, Valkov realized that artificial intelligence “was about to unlock capabilities…in the application layer in the software stack.” He left Meta in late 2021 to start Lace AI, a startup that has developed […]

India’s EV startup Ather cuts IPO size to $308M, seeking $1.4B post-money valuation

April 22, 2025
Ather Energy, the Indian startup manufacturing electric two-wheelers, has cut the size of its initial public offer by 18% to 26.26 billion Indian rupees ($308.3M), according to a new draft prospectus filed Tuesday. The Bengaluru-based startup confirmed to TechCrunch it’s targeting a post-money valuation of $1.4 billion. Last September, the startup sought a valuation of […]