Colossyan uses GenAI to create corporate training videos

February 6, 2024

Most people don’t watch corporate training videos — or, in cases where the training’s mandatory, don’t give them their full attention. According to a recent poll from Kaltura, the video tech provider, 75% of staffers admit to skimming through training videos, watching them without sound or listening to them while multitasking. So, given that training […]

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China’s generative video race heats up

February 6, 2024

On Monday, Tencent, the Chinese internet giant known for its video gaming empire and chat app WeChat, unveiled a new version of its open source video generation model DynamiCrafter on GitHub. It’s a reminder that some of China’s largest tech firms have been quietly ramping up efforts to make a dent in the text- and […]

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Yamaha Motor fuels River’s ambitious electric SUV two-wheeler rollout in India

February 6, 2024

River, an Indian startup manufacturing electric two-wheelers, has raised $40 million in a funding round led by Japan’s Yamaha Motor as the nearly three-year-old startup looks to increase R&D spending and expand the market presence of its first electric ‘SUV’ two-wheeler in India. The all-equity Series B round also saw participation from startup’s existing investors, […]

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Early-stage UK VC Episode 1 closes $95M third fund

February 6, 2024

Early stage European venture capital (VC) firm Episode 1 has closed its third fund at £76 million ($95 million), as the London-based investor turns to in-house “data-driven deal sourcing tools” to find the next big thing. Founded in 2013, Episode 1 has a handful of exits to its name from the 70 or so companies […]

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Lynk forges ahead with public market debut despite SPAC’s dwindling reserves

February 6, 2024

Satellite-to-phone connectivity provider Lynk Global will head to the public markets via a merger with a shell company led by former professional baseball player Alex Rodriguez. The two companies confirmed the deal on Monday after announcing a non-binding LOI with Rodriguez’s special purpose acquisition company (SPAC), Slam Corp, in December. According to an investor presentation […]

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Starship Technologies raises $90M as its sidewalk robots pass 6M deliveries

February 6, 2024

Sidewalk delivery robots services appear to be stalling left and right, but a pioneer in the concept says it is profitable and has now raised a round of funding to scale up to meet market demand. Starship Technologies, a startup out of Estonia that was an early mover in the delivery robotics space, has picked […]

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UK gov’t touts $100M+ plan to fire up ‘responsible’ AI R&D

February 6, 2024

The UK government is finally publishing its response to an AI regulation consultation it kicked off last March, when it put out a white paper setting out a preference for relying on existing laws and regulators, combined with “context-specific” guidance, to lightly supervise the disruptive high tech sector. The full response is being made available […]

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