Halogen Ventures closed a $30 million Fund III to invest in early-stage startups building in the “future of family,” as reported first by Fortune. The firm was founded in 2015 by Jesse Draper, the daughter of famed venture capitalist Tim Draper. She explained to Fortune that the fund will focus on the physical and financial […]
Deezer announced on Friday that it will start labeling albums that include AI-generated tracks as part of its efforts to combat streaming fraud. The company reports that about 18% of the music uploaded each day — more than 20,000 tracks — is now fully AI-generated. Although most of these tracks don’t go viral, Deezer says […]
African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports. The layoffs, confirmed by the company on Thursday, are part of a broader restructuring aimed at aligning resources with what it describes […]
Mark Zuckerberg’s AI talent hiring spree continues. In recent months, Meta tried to acquire Safe Superintelligence, the $32 billion AI startup co-founded by OpenAI’s former chief scientist, Ilya Sutskever, according to a report from CNBC on Thursday. Sutskever ultimately turned Meta down, according to CNBC, but the company is now in talks to hire Safe […]