The People in Tech to Watch in 2024 bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
The generative AI hype hasn't died down yet. Case in point, Pika, a startup creating an AI-powered platform to edit and generate videos from captions and still images, today announced that it raised $55 million in a funding round led by Lightspeed Venture Partners with participation from Homebrew, Conviction Capital, SV Angel, Ben's Bites and notable angel investors including Quora founder Adam D'Angelo, ex-GitHub CEO Nat Friedman and Giphy co-founder Alex Chung. The fresh tranche comes just six months after Pika emerged from stealth and coincides with the early access launch of what Pika's calling "Pika 1.0," a new suite of videography tools that introduces a generative AI model capable of editing videos in a range of styles, like "3D animation," "anime" and "cinematic."
The Berkshire Hathaway exec dies at 99; Record Cyber Monday fueled by buy-now-pay-later; Mark Cuban leaving Shark Tank; European tech investment slump; and more.
The published version of Forbes CMO newsletter delivers the latest news for chief marketing officers and other messaging-focused leaders to inboxes every Wednesday.