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Featured Stories:
AI video startup, Higgsfield, founded by ex-Snap exec, lands $1.3B valuation
AI video startup Higgsfield raised $80M in a Series A extension, totaling $130M at a $1.3B valuation. Founded by ex-Snap exec Alex Mashrabov, it boasts 15M users and a $200M annual revenue run rate. Targeting professionals, it’s used for marketing and creative projects, though it also enables controversial content. Investors include Accel, AI Capital Partner...
Microsoft is closing its employee library and cutting back on subscriptions
Microsoft is replacing its physical and digital library with an AI-powered "learning experience," cutting subscriptions to news services like The Information and Strategic News Service. The shift, part of cost-cutting and AI integration, includes closing the physical library space. Meanwhile, Microsoft faces backlash over AI data centers, police errors l...