AI startups

Technology Oct 17

Elorian Launches First AI Model That Reasons With Images Instead of Describing Them

Elorian, which raised $55 million before shipping a product, released its first AI model Monday — one built to manipulate images as part of its reasoning process rather than simply caption them.

2 min read TechCrunch

Business Oct 16

Benchmark Accuses Founder of Betraying Venture Firm by Backing Rival AI Startup

Benchmark has accused General Catalyst-backed founder Matt Degnan of "unethical conduct involving Cognition" after he allegedly invested in a competitor while sitting on a portfolio company's board.

2 min read TechCrunch

Business Oct 1

ElevenLabs Employees Cash Out at $22 Billion Valuation, Doubling February Mark

Voice AI startup ElevenLabs completed a $300 million tender offer allowing employees to sell shares at a $22 billion valuation, double what the company was worth in February.

2 min read TechCrunch