TopTechTrends

A new startup is launching out of stealth today with $5 million in seed funding, as it looks to bring its flavor of open source to risk decision-making software in the finance sector. Ballerine, as the startup is called, helps banks and other financial organizations automate key decisions around their KYC (know your customer) and […]

Ballerine brings open source to banks’ risk and identity decision-making by Paul Sawers originally published on TechCrunch

The Solana Foundation is working to integrate AI into its network with a ChatGPT plug-in developed by Solana Labs.

Solana launches ChatGPT plugin to help users interact with its network by Jacquelyn Melinek originally published on TechCrunch

Meta has finally found a willing buyer for Giphy, the animate GIF search engine it acquired for $400 million three years ago. The move comes some seven months after the U.K.’s antitrust authority issued a final order for Meta to sell Giphy, on the grounds that the merger reduced dynamic competition. This is breaking, refresh […]

Following UK antitrust order, Meta sells Giphy to Shutterstock for $53M after buying it for $400M by Paul Sawers originally published on TechCrunch

Photoshop is getting an infusion of generative AI today with the addition of a number of Firefly-based features that will allow users to extend images beyond their borders with Firefly-generated backgrounds, use generative AI to add objects to images and use a new generative fill feature to remove objects with far more precision than the […]

Adobe brings Firefly’s generative AI to Photoshop by Frederic Lardinois originally published on TechCrunch

As many as 91% of consumers want to see more videos from brands, according to a recent survey by the startup Wyzowl, which says it surveyed more than 500 respondents. Google meanwhile reported in 2019 that 55% of consumers use videos in their purchasing decisions. Though the data may be in both companies’ self-interest – Wyzowl […]

Sequoia India’s Surge backs AI-powered video creation platform Gan.ai in $5.2M funding by Kate Park originally published on TechCrunch

The E3 Low Carbon Economy Fund for Africa (E3LCEF), a fund by early-stage VC E3 Capital (formerly Energy Access Ventures), and emerging markets-focused investment bank Lion’s Head Global Partners, has hit the first close at $48.1 million. The E3LCEF limited partners include FMO, the Dutch entrepreneurial development bank; Swedfund International AB, the Swedish development finance […]

E3 Capital and Lion’s Head climate fund hits first close at $48M to back African startups by Annie Njanja originally published on TechCrunch