Meta to reportedly lay off 10% of Reality Labs staff
Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company’s VR and metaverse products.
Google’s update for Veo 3.1 lets users create vertical videos through reference images
Google is now allowing users to create vertical videos using references image.
ElevenLabs CEO says the voice AI startup crossed $330 million ARR last year
The company said it took only five months to go from $200 million to $330 million in annual recurring revenue.
Deepgram raises $130M at $1.3B valuation and buys a YC AI startup
Deepgram is raising its Series C round at a $1.3 billion valuation.
Brazil orders Meta to suspend policy banning third-party AI chatbots from WhatsApp
Brazil’s competition watchdog has ordered WhatsApp to put on hold its policy that bars third-party AI companies from using its business API to offer chatbots on the app. The agency has also started an investigation…
Google announces a new protocol to facilitate commerce using AI agents
Google said that merchants can now offer discounts to users directly in AI mode results
JPMorgan Chase becomes the new issuer of the Apple Card
Apple expects the transition to take 24 months
Spotify lowers monetization threshold for video podcasts
Spotify is dropping the minimum episode requirement to three, minimum consumption hours to 2,000, and engaged audience member threshold to 1,000 over the last 30 days.
Amazon’s Ring doorbells get fire alerts, an app store and new sensors
The new Ring Sensors can detect motion, openings, glass breakage, and smoke, and can also monitor carbon monoxide levels, leaks, temperature changes, and air quality.
Narwal adds AI to its vacuum cleaners to monitor pets and find jewelry
Narwal’s new robo vacuum cleaner switches to quiet mode near a baby’s crib.