Uber is promoting Balaji Krishnamurthy, its VP of strategic finance and investor relations, to be its CFO, replacing its current finance chief Prashanth Mahendra-Rajah. Krishnamurthy has been at Uber for over six years, spending most of his tenure in the company in its investor relations division. He often posts about …

Adobe is putting on hold its plan to discontinue Adobe Animate following intense backlash from its customers after it announced plans to shut down the 2D animation software amid an increased focus on its investments in AI. “We are not discontinuing or removing access to Adobe Animate. Animate will continue …

Voice AI company ElevenLabs said today it raised $500 million in a new funding round led by Sequoia Capital, which was an investor in the startup’s last secondary round through a tender. Sequoia partner Andrew Reed is joining the company’s board. The startup is now valued at $11 billion, more …

Last year, Roblox launched an open source AI model that could generate 3D objects on the platform, helping users quickly design digital items such as furniture, vehicles, and accessories. The company claims the tool, called Cube 3D, has so far helped users generate over 1. 8 million 3D objects since …

A notorious hacking group has claimed responsibility for last year’s data breaches at Harvard University and the University of Pennsylvania (UPenn) and published the data that they claim to have stolen from the two schools. On Wednesday, the group known as ShinyHunters published what it claims are more than 1 …

Forget EVs — stationary batteries are getting all the buzz, and investment, in the U. Startup Lunar Energy is the latest example. The six-year-old company, which builds battery packs for homeowners in California, Georgia, and Washington, said Wednesday it has completed two large funding rounds. The startup shared it raised …

Tinder is turning to a new AI-powered feature, Chemistry, to help it reduce so-called “swipe fatigue,” a growing problem among online dating users who are feeling burned out and are in search of better outcomes. Introduced last quarter, the Match-owned dating app said that Chemistry leverages AI to get to …

Loading the player… Andreessen Horowitz just raised a whopping ⁠ new $15 billion in funding ⁠. 7 billion chunk of that is going to its ⁠ infrastructure team ⁠, the one responsible for some of its biggest, most prominent AI investments including Black Forrest Labs, Cursor, OpenAI, ⁠ElevenLabs⁠, Ideogram, ⁠Fal⁠ …

In Brief Last summer, Amazon MGM Studios launched a dedicated AI Studio to develop proprietary AI tools to streamline TV and film production, with a focus on areas like improving character consistency across shots and supporting pre- and post-production. According to a report from Reuters, those tools are now ready …

In Brief Resolve AI, a startup automating the work of system reliability engineering (SRE), aka troubleshooting system failures, has announced a $125 million Series A at a $1 billion valuation. The round was led by Lightspeed Venture Partners, with participation of existing investors including Greylock Partners, Unusual Ventures, Artisanal Ventures, …