Sydney-based generative AI art platform Leonardo.Ai raises $31M

December 6, 2023

Sydney, Australia-based Leonardo.Ai is the one of the latest generative AI startups to raise funding. Today, the AI art production platform for consumers and enterprise users announced a $31 million USD round from investors including Blackbird, Side Stage Ventures, Smash Capital, TIRTA Ventures, Gaorong Capital and Samsung Next. Founded last year, Leonardo.Ai’s founders say that […]

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Titan AI leverages generative AI to streamline mobile game development

December 6, 2023

Generative AI is attracting a significant level of investment, including in the gaming space. Titan AI, a new mobile games studio, raised over $500,000 in pre-seed funding led by Berkeley SkyDeck. Titan AI joins several other generative AI gaming startups that aim to reduce the cost and speed of creating 2D and 3D content for games. […]

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How AI assistants are already changing the way code gets made

December 6, 2023
Two weeks into the coding class he was teaching at Duke University in North Carolina this spring, Noah Gift told his students to throw out the course materials he’d given them. Instead of working with Python, one of the most popular entry-level programming languages, the students would now be using Rust, a language that was…

Sona launches its music streaming platform and marketplace to reward fans for buying ‘digital twins’ of songs

December 6, 2023

Sona is a new web3 streaming protocol that uses DeFi primitives (decentralized finance basic building blocks) to put the financial power back into artists’ hands with its rewards model, auctions and ad-free streaming. Sona emerged from stealth today, announcing the open beta launch of its first product—Sona Stream, a free music streaming service with zero […]

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VERY Healthy Stock Rotation Underway

December 6, 2023
The S&P 500 (SPY) is putting the finishing touches on a strong 2023 campaign. This is the 4th straight year the large cap index has outperformed small and mid caps….

Chinese apps are letting public juries settle customer disputes

December 6, 2023
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. Have you ordered food delivery lately?  If you have, you probably know that particular feeling of frustration when you have to wait too long for your order or, when you finally receive…

X now lets users broadcast community posts to all followers

December 6, 2023

X, formerly Twitter, is rolling out a new option to let users share their community posts with all followers. This is much like posting a message in a thread to the whole Slack channel. An X engineer announced the feature through a post saying that it is available to users on iOS first and will […]

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Twitch to shut down in Korea over ‘prohibitively expensive’ network fees

December 6, 2023

Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of the world’s largest esports markets is “prohibitively expensive.” In a blog post, Twitch CEO Dan Clancy said the firm undertook a “significant effort” to reduce the network costs to operate in Korea, but […]

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