gen ai

Legally embattled AI music startup Suno raises at $2.45B valuation on $200M revenue

Venture /

If you want insight into just how worried VCs (and Silicon Valley, generally) are over legal challenges to AI training on copyrighted material, look no further than AI music site Suno.  Suno, which allows anyone to create AI-generated songs through prompts, announced on Wednesday that it has raised a $250 million Series C round at […]

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Gen AI apps doubled their revenue, grew to 1.7B downloads in first half of 2025

Apps /

Generative AI apps have seen tremendous growth in both downloads and in-app revenue in the first half of 2025, a report from market intelligence firm Sensor Tower said. Users downloaded Gen AI apps 1.7 billion times, compared to 1 billion in H2 2024. These apps doubled in-app revenue, bringing in $1.87 billion in H1 2025,

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Netflix starts using GenAI in its shows and films

Media & Entertainment /

Companies developing video AI models and tools often talk about working with Hollywood studios to make certain workflows possible. On Thursday, Netflix said that it has started using AI in movies and shows it produces. Speaking at the company’s post-results conference call, the company’s co-CEO, Ted Sarandos, said that the platform had “the very first

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Prime Day event drove over $24B in U.S. e-commerce sales, gen AI traffic was up 3,300%

Commerce /

Amazon’s Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase in retail traffic driven by generative AI products, including chatbots and browsers. According to a post-Prime Day analysis by Adobe Analytics, gen AI traffic to U.S. retail sites increased by 3,300% year-over-year — which was

Prime Day event drove over $24B in U.S. e-commerce sales, gen AI traffic was up 3,300% Read More »