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After 20 months of trying to raise funds, insurance startup Loop cuts staff

​[[{“value”:” Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.  Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute […] © 2024 TechCrunch….

Astroscale’s space junk inspection satellite snaps a close-up photo of a discarded rocket stage

​[[{“value”:” Astroscale’s space junk observation satellite has moved within striking distance to a discarded rocket upper stage that’s been floating around Earth for nearly 20 years, taking close-up pictures — preliminary to actually deorbiting the object in a future mission. The company released an image captured by its satellite from a distance of just 50 meters […] © 2024 TechCrunch….

DeepMind’s new AI generates soundtracks and dialogue for videos

​[[{“value”:” DeepMind, Google’s AI research lab, says it’s developing AI tech to generate soundtracks for videos. In a post on its official blog, DeepMind says that it sees the tech, V2A (short for “video-to-audio”), as an essential piece of the AI-generated media puzzle. While plenty of orgs including DeepMind have developed video-generating AI models, these models […] © 2024 TechCrunch….

Runway’s new video-generating AI, Gen-3, offers improved controls

​[[{“value”:” The race to high-quality, AI-generated videos is heating up. On Monday, Runway, a company building generative AI tools geared toward film and image content creators, unveiled Gen-3 Alpha. The company’s latest AI model generates video clips from text descriptions and still images. Runway says the model delivers a “major” improvement in generation speed and fidelity over […] © 2024 TechCrunch….

Autify launches Zenes, an AI agent for software quality assurance

​[[{“value”:” With the advent of generative AI, AI applications are transforming and reshaping various industries and changing how people work. Software development is no exception. San Francisco- and Tokyo-based startup Autify has built an autonomous AI agent for software quality assurance to help software engineers complete code quickly, streamline workflows and increase productivity. In other words, […] © 2024 TechCrunch….

TikTok ads and branded content will now include AI avatars of creators and stock actors

​[[{“value”:” TikTok announced on Monday that it’s introducing generative AI avatars of creators and stock actors for branded content and ads on its platform. The company is also launching an “AI Dubbing” tool for creators and brands to expand the reach of their ads and branded content.  The new “Custom Avatars” are designed to represent a […] © 2024 TechCrunch….