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Captions rebrands as Mirage, expands beyond creator tools to AI video research

Startups /

Captions, an AI-powered video creation and editing app for content creators that has secured over $100 million in venture capital to date at a valuation of $500 million, is rebranding to Mirage, the company announced on Thursday.  The new name reflects the company’s broader ambitions to become an AI research lab focused on multimodal foundational […]

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AvatarOS snags $7M seed round from M13 to build an AI-powered virtual influencer platform

Fundraising /

A few years ago, several startups with a specific focus on digital avatars appeared because of all the metaverse buzz. While that buzz died down, generative AI has given a new life to avatars as it is easier to spin up different virtual identities. Companies are trying out different use cases for avatars, including D-ID

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Video editing app Captions releases AI edit feature that automatically adds effects to your video

Apps /

Video editing app Captions, which is backed by a16z, Kleiner Perkins and Sequoia Capital, has launched a new feature that takes an existing unedited video and adds custom graphics, zooms, music, sound effects, transitions and motion backgrounds based on the content. There are a few restrictions for AI edit — it should be a vertical

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