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Scriptic scores $5.7M as it expands its phone-first generative AI content library

June 29, 2023

Scriptic (previously ElectricNoir), the immersive storytelling platform, announced Thursday that it raised $5.7 million in funding to expand its catalog of phone-first interactive games created using generative AI tools. The studio will also use the funding to build out its team of TV and gaming talent as well as introduce a new initiative — user-generated […]

Scriptic scores $5.7M as it expands its phone-first generative AI content library by Lauren Forristal originally published on TechCrunch

Runway, a startup building generative AI for content creators, raises $141M

June 29, 2023

It’s a big day for generative AI funding. On the heels of Inflection AI landing a $1.3 billion investment, Runway, a startup building generative AI tools for multimedia content creators, today announced a $141 million extension to its Series C round from Google, Nvidia and Salesforce, among others. Building on the Series C the company […]

Runway, a startup building generative AI for content creators, raises $141M by Kyle Wiggers originally published on TechCrunch

3 Restaurant Stocks With a ‘B’ POWR Rating

June 29, 2023
While macroeconomic obstacles have limited the restaurant industry’s performance, technological breakthroughs brighten the industry’s long-term prospects. Therefore, fundamentally strong restaurant stocks Chipotle Mexican Grill (CMG), Domino’s Pizza Group (DPUKY), and…

Millions affected by MOVEit mass-hacks as list of casualties continues to grow

June 29, 2023

Hackers have compromised the personal data of more than 15 million individuals by exploiting a security vulnerability in the MOVEit file transfer tool, as the number of victim organizations continues to grow. There are more than 140 known victims of Clop ransomware attacks targeting a vulnerability in MOVEit Transfer, an enterprise file transfer tool developed by […]

Millions affected by MOVEit mass-hacks as list of casualties continues to grow by Carly Page originally published on TechCrunch

Meituan buys founder’s months-old ‘OpenAI for China’ for $234M

June 29, 2023

One of China’s most highly anticipated artificial intelligence startups is undergoing a significant change of direction. Light Year, which was founded merely four months ago by Wang Huiwen, a co-founder of Meituan, with the ambition of becoming the “OpenAI for China”, is getting bought out. In a filing released on Thursday, Meituan announced that it […]

Meituan buys founder’s months-old ‘OpenAI for China’ for $234M by Rita Liao originally published on TechCrunch