AI video startup Moonvalley lands $53M, according to filing

May 16, 2025
Roughly a month after Moonvalley, a Los Angeles-based startup developing AI tools for video creation, said it secured $43 million in new funding, the company has raised more, according to a filing with the SEC. The filing, submitted Thursday, reveals that Moonvalley actually landed (so far) around $53 million total from a group of 14 unnamed […]

TechCrunch and VivaTech Partner for the VivaTech Innovation of the Year

May 16, 2025
TechCrunch is joining forces with VivaTech, Europe’s biggest startup and tech event, to select startups for the prestigious VivaTech Innovation of the Year at VivaTech 2025. This partnership will highlight exceptional creativity, technological ingenuity, and industry-transforming potential among exhibiting startups. The VivaTech Innovation of the Year Award acknowledges and celebrates exhibiting startups at VivaTech 2025 […]

Spotify responds to creator backlash at public podcast play counts

May 16, 2025
Spotify announced last week that it would roll out public play counts on all podcasts as a way of “helping attract new fans.” But podcasters swiftly responded with criticism of the new feature — mainly, that it would further promote podcasts that already have large audiences while making smaller shows less appealing to new listeners. […]

OpenAI launches Codex, an AI coding agent, in ChatGPT

May 16, 2025
OpenAI announced on Friday it’s launching a research preview of Codex, the company’s most capable AI coding agent yet. Codex is powered by codex-1, a version of the company’s o3 AI reasoning model optimized for software engineering tasks. OpenAI says codex-1 produces “cleaner” code than o3, adheres more precisely to instructions, and will iteratively run […]

Mystery investor’s attempt to stop Canoo asset sale shot down by judge

May 16, 2025
The judge in Canoo’s bankruptcy case has blocked an attempt by a mysterious financier to disrupt the sale of the EV startup’s assets. In a hearing Tuesday, Judge Brendan Linehan Shannon ruled the financier, a UK-based man named Charles Garson, lacked standing to request the sale to Canoo’s own CEO be vacated. While Garson had […]