AI

Netflix goes ‘all in’ on generative AI as entertainment industry remains divided

As the entertainment industry reckons with when and how to use generative AI in filmmaking, Netflix is leaning in. In its quarterly earnings report released on Tuesday afternoon, Netflix wrote in its letter to investors that it is “very well positioned to effectively leverage ongoing advances in AI.” Netflix isn’t planning to use generative AI

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Sesame, the conversational AI startup from Oculus founders, raises $250M and launches beta

Sesame, a conversational AI startup and smart glasses maker, has raised a $250 million Series B round and is opening up its beta to a select group of testers, the company announced Tuesday. The startup, headed by former Oculus co-founder and CEO Brendan Iribe and Ankit Kumar, former CTO of AR startup Ubiquity6, is working

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Sources: Multimodal AI startup Fal.ai already raised at $4B+ valuation

Fal.ai, a startup that hosts image, video, and audio AI models for developers, has closed a new round valuing the company at over $4 billion, four people familiar with the deal said. The company raised approximately $250 million, two of the people said. Major investors in the round are Kleiner Perkins and Sequoia, according to

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WhatsApp and Messenger add new warnings to help older people avoid online scams

Meta on Tuesday introduced new scam detection features for its messaging apps, WhatsApp and Messenger, as part of its broader initiative to crack down on online scams that target older people. The company said it will begin to show warnings in WhatsApp when users try to share their screen during calls, and it will flag

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Serval raises $47M to bring AI agents to IT service management

Some startups pride themselves on having prestigious financial backers — but just as important is having prestigious customers. It’s one of the main points of pride for Serval, an enterprise AI company that announced a $47 million Series A round on Tuesday. The round was led by Redpoint Ventures, with participation from heavy-hitting venture firms

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YC alum Cercli, an AI-powered Rippling for MENA, raises oversubscribed $12M Series A

In a region long defined by fragmented enterprise systems, outdated compliance tools, and HR software that rarely talks to finance, Cercli is building a unified alternative for MENA businesses with AI at its core. The Dubai-based startup, founded by ex-Careem operators Akeed Azmi and David Reche, has announced an oversubscribed $12 million Series A round led by

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