Geek Guy

Category: GenAI

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Krea’s founders snubbed postgrad grants from the King of Spain to build their AI startup. Now it’s valued at $500M

Overwhelmed with trying to keep up with the different models you can now use to build your content using AI? A startup called Krea that’s looking to solve this problem specifically for designers and other visual creatives has now raised $83 million for a platform it believes will make the task of working with generative…

AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed…

Report: Majority of U.S. teens have lost trust in Big Tech

American teens have lost their faith in Big Tech, according to a new report from Common Sense Media, a nonprofit offering reviews and ratings for media and technology, which more recently includes AI products. In the study released Wednesday, the organization surveyed over 1,000 teens on whether major technology companies like Google, Apple, Meta, TikTok,…

Imperva’s Wildest 2025 AppSec Predictions

Humans are spectacularly bad at predicting the future. Which is why, when someone appears to be able to do it on a regular basis, they are hailed as visionaries, luminaries and celebrated with cool names like Nostradamus and The Amazing Kreskin. Nostradamus made his fame on predictions about the distant future, but that technique has…

Decart adds another $32M at a $500M+ valuation

A young startup that emerged from stealth less than two months ago with big-name backers and bigger ambitions to make a splash in the world of AI is returning to the spotlight.  Decart is building what its CEO and co-founder Dean Leitersdorf describes as “a fully vertically integrated AI research lab,” alongside enterprise and consumer…