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Former Snap design lead debuts Shader, an AR creation tool that uses AI to generate custom effects

February 28, 2024

Shader aims to challenge industry heavyweights like Snap’s AR development platform Lens Studio and TikTok’s Effect House, with its no-code AR creation tool that generates custom effects, 2D masks, and lenses in minutes — rather than spending hours to create a single AR filter, which requires engineering and design skills. The startup built its platform […]

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Hyundai-backed autonomous company Motional cuts 5% of workforce

February 28, 2024

Motional, the autonomous vehicle company borne out of a joint venture between Hyundai Moor Group and Aptiv, told employees Wednesday it will cut about 5% of its workforce, TechCrunch has learned. The cuts, which translate to less than 70 people, mostly affects administrative roles and some employees working in Boston, one of several cities where […]

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Polestar lands $1B loan to keep EV plans on track

February 28, 2024

Polestar secured a $950 million loan from a dozen banks, critical funds needed to keep its EV plans moving forward following Volvo’s decision to pull back its financial support of the electric automaker. Polestar said Wednesday the funds were needed to finance the next stage of its development and covers a large majority of its […]

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Adobe reveals a GenAI tool for music

February 28, 2024

There’s plenty of GenAI-powered music editing and creation tools out there, but Adobe wants to put its own spin on the concept. Today at the Hot Pod Summit in Brooklyn, Adobe unveiled Project Music GenAI Control, a platform that can generate audio from text descriptions (e.g. “happy dance,” “sad jazz”) or a reference melody and […]

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India lays foundations for a new spaceport dedicated to smaller launches

February 28, 2024

The Indian Space Research Organisation (ISRO) has received the go-ahead to construct a new spaceport in Tamil Nadu, with which it aims to help private players launch small rockets in space with less fuel consumption. On Wednesday, Prime Minister Narendra Modi laid the foundation stone for the second spaceport, located on an island named Kulasekharapatnam […]

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YouTube’s Create app, a competitor to TikTok’s creative tools, expands to 13 more markets

February 28, 2024

YouTube Create, Google’s standalone mobile app aimed at creators, which helps them produce both Shorts and longer videos, is expanding to a broader set of markets after last fall’s launch into beta testing. The app was initially available on Android in the U.S. and a handful of other select markets, but today will become available […]

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