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The People in Tech to Watch in 2024

The People in Tech to Watch in 2024
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Pika, which is building AI tools to generate and edit videos, raises $55M

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." ....

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Forbes Daily: Reflecting On Charlie Munger's Wisdom After His Death

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. ....

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Holiday Spending Gets A Record-Setting Start

The published version of Forbes CMO newsletter delivers the latest news for chief marketing officers and other messaging-focused leaders to inboxes every Wednesday. ....

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Pika Raises $35M in Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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