Category: Startups

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“We are where ChatGPT was five years ago,” says European 3D AI foundation model startup boss

“We are where ChatGPT was five years ago,” says European 3D AI foundation model startup boss One of Europe’s top AI researchers, who is heading up a 3D AI foundation model startup, says that 3D AI models are “kind of where ChatGPT for language was five years ago”.  Matthias Niessner, the CEO and co-founder of SpAItial, took a leave of absence from

Luma launches AI-powered production studio with faith-focused Wonder Project

Luma launches AI-powered production studio with faith-focused Wonder Project The studio’s first project will be about Moses and star Academy Award-winner Ben Kingsley, to be released this spring on Prime Video. Powered by WPeMatico https://techcrunch.com/2026/04/16/luma-launches-ai-powered-production-studio-with-faith-focused-wonder-project/

Factory hits $1.5B valuation to build AI coding for enterprises

Factory hits $1.5B valuation to build AI coding for enterprises The three-year-old startup raised $150 million led by Khosla Ventures. Powered by WPeMatico https://techcrunch.com/2026/04/16/factory-hits-1-5b-valuation-to-build-ai-coding-for-enterprises/

New leaders, new fund: Sequoia has raised $7B to expand its AI bets

New leaders, new fund: Sequoia has raised $7B to expand its AI bets The fundraise is the first major capital raise under Sequoia’s new leadership, with Alfred Lin and Pat Grady now serving as co-stewards of the 54-year-old firm. Powered by WPeMatico https://techcrunch.com/2026/04/16/new-leaders-new-fund-sequoia-has-raised-7b-to-expand-its-ai-bets/

Netflix co-founder and chair Reed Hastings to leave board

Netflix co-founder and chair Reed Hastings to leave board Hastings helped to transform the video rental industry — first with physical, then digital, delivery. Powered by WPeMatico https://techcrunch.com/2026/04/16/netflix-co-founder-and-chair-reed-hastings-to-leave-board/