Adobe is updating its AI video-generation app, Firefly, with a new video editor that supports precise prompt-based edits, as well as adding new third-party models for image and video generation, including Black Forest Labs’ FLUX.2 and Topaz Astra.
Nuclear startup Last Energy raises $100M for its steel-encased micro reactor
Last Energy will use the funds to build its 5 megawatt pilot reactor in Texas, which it hopes to turn on next year.
Everbloom built an AI to turn chicken feathers into cashmere
Everbloom has also developed a chemical process to transform waste fibers and feathers into upcycled materials that resemble everything from polyester to cashmere.
Solo VC and Lovable investor Neil Murray raises third Nordic-focused fund
The Nordic Web closes $6M Fund III.
VCs discuss why most consumer AI startups still lack staying power
The next consumer tech revolution may require an introduction of a new personal device.
OpenAI-backed biotech firm Chai Discovery raises $130M Series B at $1.3B valuation
Chai is building foundation models for drug discovery, specifically to predict interactions between molecules so they could be reprogramed for cures.
I hate that I love Riverside’s AI-driven “Rewind” for podcasters
Riverside’s year-end review is amusing, but it represents a creative culture that’s increasingly entwined with AI.
Disney’s OpenAI deal is exclusive for just one year — then it’s open season
After the one year is up, Disney is free to sign similar deals with other AI companies.
Nvidia bulks up open source offerings with an acquisition and new open AI models
Nvidia acquired SchedMD, the lead developer of Slurm, and launched the Nemotron 3 family of open source AI models.
Ford is starting a battery storage business to power data centers and the grid
Ford will invest about $2 billion into the new business over the next two years.