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Currently, enterprises primarily use AI for generative video, text, and image applications, as well as enhancing virtual assistance and customer support. AI applications are evenly distributed across virtual machines and containers, showcasing their adaptability.
Non-fungible tokens (NFTs) offer new ways for consumers to collect, wear and trade fashion online, and now that most fashion shows have scaled back or gone virtual , they may become an important tool for the industry. In December 2020, NFT startup Enjin partnered with Netherlands-based fashion house The Fabricant on a virtual collection.
According to Precedence Research, the global gen AI market was over $25 billion in 2024 and is forecast to reach a staggering $803 billion by 2033. Compared with ChatGPT and Microsoft Copilot, Gemini, launched in 2023, took an early lead in multimodal features the ability to process and generate images, audio, and video in addition to text.
In the current global environment, the ability to attract and select the best talents in the global market has been a strength as well as a weakness to organizations. If well done, virtual recruitment events will go a long way in improving your talent acquisition plans, especially for multi-location positions.
Events — when they haven’t been cancelled altogether in the last 12 months due to the global health pandemic — have gone virtual and online, and a wave of startups that are helping people create and participate in those experiences are seeing a surge of attention — and funding.
Founded in 2005, NetEase is now known for its news portal, music streaming app, education products and video games that compete with those of Tencent. “IMVU operates one of the world’s oldest, yet most vibrant and young — in terms of our user base — metaverses. It is a natural fit for us to become partners,” he added.
After operating in beta for a year, Nooks, a virtual workspace space targeting distributed teams, has attracted thousands of users and millions of dollars in venture capital. This is Kevin Hartz’s second investment in a virtual HQ, with his first in Gather. Virtual HQs race to win over a remote-work-fatigued market.
Daily , the makers of a developer platform for real-time audio and video, has been booming in recent months — in part, due to the pandemic’s impact on remote work, virtual events, telehealth and more. “We believed back then and have believed for a while that video would be everywhere. Teamflow lands $3.9
Virtual meetings are a fundamental part of how we interact with each other these days, but even when (if!?) Like mmhmm, Memix is today focused on building tools that you use on existing video platforms — not building a video player itself.
What that six-year-old outfit, Speach , sells is essentially knowledge-sharing between colleagues via videos produced by the employees themselves, often to augment written instructions. Weet already features instant recording, screen sharing, virtual backgrounds, video filters, emoji reactions, commenting options and auto transcription.
Although 2024 was another exceptionally lackluster year for new public offerings, the IPO market could gain momentum in 2025 after its three-year lull. With that in mind, here are 13 companies that the Crunchbase News team thinks could be top contenders to go public if our 2025 market forecast bears out. That made sense.
InEvent , a startup powering virtual and hybrid events, is announcing that it has raised $2 million in seed funding from Storm Ventures. “We don’t intend to compete with platforms in the B2C market.” It will also continue to develop the product, for example by improving the video player and adding more marketing automation.
Edgybees , a company that helps businesses, first responders and military users accurately geotag and augment their aerial video streams in real time, today announced that it has raised a $9.5 We look forward to the next phase of growth, meeting the critical demands of the defense, public safety and critical infrastructure markets.”
The video game industry is no exception to this, and that hardly comes as a surprise. The brainchild of Ilya Gelfenbeyn, Michael Ermolenko and Kylan Gibbs, the startup’s AI-powered service generates virtual characters primarily for games, but also in broader entertainment and marketing campaigns.
Jamm sells what it calls “1-click video collaboration for teams,” while Streamable helps other companies upload and stream their videos. After acquiring StreamYard, which provided video livestreaming services, it’s not hard to discern that video is the locus of Hopin’s checkbook focus.
The company’s first product, Read Dashboard, is a dashboard for virtual meetings that leverages artificial intelligence, computer vision and natural language processing to measure engagement, performance and sentiment among participants. Virtual meeting platform Vowel raises $13.5M, aims to cure meeting fatigue. Read Dashboard.
The company whose tech powered the sensational MyHeritage app that turned classic family photos into lifelike moving portraits is back with a new implementation of its technology: Transforming still photographs into ultra-realistic video, capable of saying whatever you want. Big-name clients like Warner Bros.,
A startup called Soona , now backed by an additional $35 million in Series B funding, has been tapping into this market with its platform that allows brands to create content for their e-commerce websites and marketing through “virtual” photo and video shoots.
Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down. Related to this move, Epic Games’ “ Fortnite Mode” feature , which leveraged Houseparty to bring video chat to Fortnite gamers, will also be discontinued.
The company offers a remote patient monitoring platform that enables clinicians to monitor patients at home and provide personalized feedback via texts and “video visits” Doccla says it can also measure patients at home. It also plans to expand into European healthcare markets.
This morning Salut , an app-based service that allows fitness trainers to host classes virtually, announced that it has raised $1.25 Salut supports group video classes, of course, so trainers can collect monies from cohorts of users at a time. million in a new financing event.
Twine , a video chat startup that launched amid the pandemic as a sort of “Zoom for meeting new people,” shifted its focus to online events and, as a result, has now closed on $3.3 Unlike one-to-many or few-to-many video broadcasts, twine connects a small number of people for more intimate conversations.
SoWork, a virtual co-working startup, began after Punwani and his co-founders decided to build a machine learning edtech company. So, combining their love for building and gaming, the group put together an internal communication product inspired by virtual worlds. Permanence is the elephant in the room for any virtual HQ.
But they’re not apps necessarily designed for classrooms, and that fact has opened a gap in the market for those looking to build something more fit to the purpose. But also, Avida believes that because higher ed not already has a big market for remote learning, it represents a more significant opportunity.
“What I realized was that all our current ‘collaboration’ tools are really just communication tools, enabling text, audio, video communication, or sharing a screen but not actually doing things together. “Virtual conference tools like Zoom or Google Meet are great for communication. Image Credits: Switchboard.
Ameelio , a nonprofit startup that intends to replace inmate-paid video calling in prisons with a free service, is making inroads against the companies that have dominated the space for decades. Screenshot of the Ameelio video call scheduling interface. The result is poor service at maximum price.
Fiber broadband offers high speed, large bandwidth, and low latency, enabling applications such as high-definition video, online gaming, remote work, and online education. In today’s competitive market, operators need to differentiate themselves by offering unique value to consumers. That’s a great question.
Messaging is the medium these days, and today a startup that has built an API to help others build text and video interactivity into their services is announcing a big round to continue scaling its business. The market that Sendbird has been pecking away at since being founded in 2013 is a hefty one.
On top of that, global fans will be able to exchange their digital photo cards in virtual spaces, Song said. In addition to the NFT JV, there will be a BTS video game, and a ‘webtoon’ business. . Hybe’s BTS NFTs will include moving images, voices of artists and more, Bang explained.
Like “TrueSelf Scan,” the name of the initial application that’s used to scan a person’s image, the meeting software also will not require a VR headset to use and engage with — users will be “seated” in a room that will be shown on a video screen.
Grain , a four-year-old, fully remote startup that’s finding increasingly elaborate ways to capture video snippets of online meetings to make important moments easy to share, search and save, has raised $16 million in Series A funding led by Tiger Global Management. The pitch is compelling.
The company is launching a messaging app that offers a combination of video calling as well as asynchronous video and audio messaging, in an ad-free, privacy-focused experience with a number of bells and whistles, including artistic filters and real-time transcription and translation features. Image Credits: LOVE.
BoxedUp takes a fresh look at the space, creating a rental marketplace — a Turo or Airbnb for video equipment if you will — where equipment owners can offer up their gear for rent. only, but the investment will enable an upgrade of fulfillment capabilities, enabling BoxedUp to offer same-day delivery in key markets.
Early on, Apple failed to sustain enthusiasm for the device it introduced as a “spatial computing” breakthrough in areas from immersive video to workplace collaboration to content creation. Redwood City, California-based Rokid primarily markets its products for workplace and industrial use cases, but also has a consumer offering.
million seed round and values the company at $95 million post-money, will be put toward go-to-market efforts in the U.S. Roam’s Map View lets workers see what’s going on and have “project presence,” Lerman says, as well as chat with colleagues via text or video chat. and abroad, CEO Howard Lerman said.
The latest infusion brings the company’s total raised to $35 million, which CEO Ravi Swaminathan said is being put toward product development, marketing and sales efforts. ” TaskHuman users connect with experts over live video chats. The two met at Wizr, a startup developing AI systems to analyze security camera footage.
In the era before Zoom fatigue set in, the trio launched Mainstream Live, a website and newsletter that curated live virtual events across platforms and gave people text-based reminders to check them out. “We Live video platform Bright lets you Zoom with your favorite creators. Now, Norby has raised a $3.8 ” Happs raises $4.7
For those involved in the mergers and acquisitions (M&A) industry, a notoriously relationship-driven business, this has meant in-person boardroom handshakes have been replaced by video conference calls, remote collaboration and potentially less travel in the future. has the potential to be spent virtually.
On the community side, members can engage with the brand, even record video testimonials and attend events around the cause. To continue to meet that growth and scale its business operations, Myers expects to deploy the new funding into product development, go-to-market, expanding internationally and third-party integrations.
Artificial intelligence-powered voice and video technologies have been gaining steady popularity in recent years. A Korean startup called Neosapience has developed a synthetic voice and video platform, Typecast , that lets users turn text into a video without recording and editing in a studio. . Image Credits: Neosapience.
But the most lucrative market is cosmetic dentistry, and this is where startups are often playing, such as aggregating private clinics under a simple booking platform. Toothfairy connects patients to dentists on-demand via video, with the app being officially approved by the NHS. Toothfairy is a U.K. Toothfairy headlines.
Video communication startup Livestorm announced today that it has raised $30 million in Series B funding. Co-founder and CEO Gilles Bertaux told me that the company started out with a focus on webinars before launching a video meeting product as well (which we used for our interview). Image Credits: Livestorm. Image Credits: Livestorm.
As gaming’s popularity reaches epic heights, venture investors’ activity in the industry doesn’t seem to equate with the overall size of the games market. Late-stage investors have shown that they have a tremendous appetite for businesses in the gaming industry. billion valuation.
Because of the advancements in electronic device technology and software, video and audio appointments can be held on various internet-connected devices. Just a decade ago, the use of augmented and virtual reality in healthcare was deemed science fiction. Monitoring of Patients using Telemedicine. Chatbots are predicted to be worth $1.25
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