Photoroom, the AI-based photo editing app out of Paris that has been growing like a weed targeting people doing business online while also attracting a lot of casual users to boot, has confirmed that it’s closed its latest funding round: $43 million at a $500 million valuation, according to CEO and co-founder Matthieu Rouif, who […]
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Sony is laying off around 900 employees in its PlayStation division, the company announced on Tuesday. The cuts will impact 8% of the division’s global workforce, as Sony becomes the latest company to announce major cuts in recent weeks and months. Sony also announced that it will be closing its London Studio in the U.K. […]
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For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a lot of interest. Today Embat, a Spanish fintech which does what they call “real-time treasury management”, has closed a financing round of $16 million Series […]
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As generative AI continues to dominate the headlines, it’s hard sometimes to find actual working business use cases among the hype. Writer is a San Francisco startup that is working to create generative AI writing products with the enterprise in mind. Today, the company announced a new capability for its Palmyra model that generates text […]
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