Deep Render lands $9M for its AI-powered video compression tech

March 30, 2023 Josh Artificial Intelligence Comments Off on Deep Render lands $9M for its AI-powered video compression tech

Deep Render, a startup developing AI-powered tech to compress videos on the web, today announced that it raised $9 million in a Series A funding round led by IP Group and Pentech Ventures. A source familiar with the matter tells TechCrunch that the round values the startup at $30 million, a respectable number for a five-year-old startup in light of the recent market turbulence.
Co-founder and CEO Chri Besenbruch tells TechCrunch that the fresh capital, which isn’t inclusive of a new $2.7 million grant from the European Innovation Council, will be put toward product R&D and shifting Deep Render’s …
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Google introduces Product Studio, a tool that lets merchants create product imagery using generative AI

May 24, 2023 Josh Artificial Intelligence Comments Off on Google introduces Product Studio, a tool that lets merchants create product imagery using generative AI

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