If you’re searching for unicorns, you might want to look in the generative AI space. A report published Tuesday (Oct. 17) by venture firm Accel says generative artificial intelligence (AI) companies are now the main driver of “unicorns,” or startups valued at $1 billion. In fact, 60% of new...
British generative AI firm Synthesia has become a “unicorn” after raising $90 million. The company announced the Series C funding on its LinkedIn page Tuesday (June 13), saying the financing had raised its valuation north of $1 billion. “Back in 2017, no one really understood our vision,” the...
Investors are reportedly pumping some real money into the deepfake industry. Venture capital (VC) funds invested $187.7 million into the sector in 2022 — up from $1 million in 2017 — Bloomberg News reported Wednesday (May 17), citing PitchBook data, which also shows that VCs...
October 17, 2023
If you’re searching for unicorns, you might want to look in the generative AI space. A report published Tuesday (Oct. 17) by venture firm Accel says generative artificial intelligence (AI) companies are now the main driver of “unicorns,” or startups valued at $1 billion. In fact, 60% of new unicorns fall into that category. Accel partner Philippe Botteri said in the […]
June 13, 2023
British generative AI firm Synthesia has become a “unicorn” after raising $90 million. The company announced the Series C funding on its LinkedIn page Tuesday (June 13), saying the financing had raised its...
May 17, 2023
Investors are reportedly pumping some real money into the deepfake industry. Venture capital (VC) funds invested $187.7 million into the sector in 2022 — up from $1 million in 2017...
