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2022 has been the largest year with $566 million being infused in GenAI startups, followed by $144 million in 2023, data showed. These were made across diverse GenAI offerings, per the Nasscom report. ....
Adobe has acquired Rephrase.ai, a Bengaluru-based startup that runs an AI-powered video creation platform. The deal will allow Adobe to integrate Reph ....
Though sales of Apple iPhones in India are skyrocketing and outperforming the broader smartphone market, shipments of other Apple products are likely to take a hit this year, suggest analysts. This and more in todays ETtech Morning Dispatch. ....
This also marks the first-ever deal for Adobe in the generative AI and video-tooling space. It also makes Rephrase the first Indian startup to be acquired by Adobe, which has largely made acquisitions in its home market, the US, and in Europe. ....