Tuesday, April 23, 2024
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Former Snap Employees Launch Generative AI Firm Easel
A new startup, Easel, alucnhed today, saying that it has developed a generative AI app which lets you create images of yourself and friends "doing cool things", from Apple's iMessage. The company's founders are CEO Rajan Vaish and Sven Kratz, both former employees at Los Angeles-based Snap. Both apparently were at Snap until 2022, when they were laid off from the company after working in Snap's research division.
posted on Tuesday, April 23, 2024(Full story)

Elf Labs Combines AI, Branded Characters
Los Angeles-based Elf Labs said this morning that it has launched a new company, which is combining hundreds of trademarked, iconic fairytale characters with "AI-powered production and distribution technology". According to the company, it has acquired 400 copyrights and over 140 trademarks for "Classic and reimagined renditions of Snow White, Little Mermaid, Sleeping Beauty, Peter Pan, Pinocchio" and more, which it acquired by buying the Junior Elf book catalog, which was originally published b (More info...)
posted on Tuesday, April 23, 2024(Full story)

High Temperature Superconductors Gets $5M From DOE
Santa Barbara-based High Temperature Superconductors (HTS), which is developing high-temperature superconducting tape says it has received $5M from the U.S. Department of Energy (DOE), via the DOE's Advanced Research Project Agency – Energy (ARPA-E). According to the company, the $5M award will go towards the development of "transformational energy technology applications for fusion power reactors, power transmission cables, and electric aircraft." HTSI is led by CEO Ray Karam.
posted on Tuesday, April 23, 2024(Full story)

Headspace Aims Health Coaching At Consumer Market
Santa Monica-based Headspace is aiming at the consumer market with a new mental health coaching service, the company said this morning. According to the company, it will start allowing U.S. consumers to access one-to-one support from a Headspace mental health coach. The company said those coaches are aimed at helping consumer "tackle a wide range of life challenges that may not require a therapist." The company said the service will cost $99.99 per month for three, 30-minute mental health coachi (More info...)
posted on Tuesday, April 23, 2024(Full story)

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