​The new image-generating model has numerous use cases, including advertising, decorating and creator-based opportunities.  

​Open-source models’ success isn’t coming at the expense of frontier labs. Instead, they each seem to capture two phases of the same life-cycle.  

​Microsoft is the latest Silicon Valley giant to cut back on its AI spending.  

​The company confirmed that the issue had been affecting accounts since May, with an additional 200 users banned over the weekend before its team identified and fixed the problem.  

​Google’s upcoming event in August will introduce new Pixel devices.  

​The Y Combinator-backed company started a vibe-coding platform and later built an agent-creation product.  

​Netflix is bringing 2- to 20-minute videos to its platform through new partnerships with digital publishers, including Rolling Stone and Variety.  

​With this update, users can start a task from their desk, get status updates on their phone, and pick up the finished output later — even if their laptop is closed.   

​X is rolling out a new video editor and recorder for iOS with multilingual captions, green-screen effects, and other editing tools.  

​Chemistry Ventures, the VC firm launched by Bessemer, Index Ventures and Andreessen Horowitz alums, is raising $500M for its second fund.