Andreessen Horowitz (a16z) recently raised $1.7 billion for AI infrastructure investments, while other tech companies are making strides in AI development and infrastructure. The funding will support a16z's existing AI investments, including Black Forrest Labs, Cursor, OpenAI, ElevenLabs, Ideogram, and Fal, according to TechCrunch.
Jennifer Li, a general partner with a16z's infrastructure team, stated that the funding will address the talent crunch hitting AI-native startups and explore the importance of search infrastructure.
Meanwhile, Amazon MGM Studios is preparing to test its proprietary AI tools for film and TV production with industry partners in a closed beta program starting in March, according to Reuters. The AI Studio, launched last summer, aims to streamline TV and film production by improving character consistency and supporting pre- and post-production. Amazon anticipates sharing initial outcomes from the program by May.
In other tech news, Resolve AI, a startup focused on automating system reliability engineering (SRE), announced a $125 million Series A funding round led by Lightspeed Venture Partners, achieving a unicorn valuation of $1 billion, TechCrunch reported. Existing investors including Greylock Partners, Unusual Ventures, and Artisanal Ventures also participated.
SpaceX's company town, Starbase, located in South Texas, is in the process of establishing its own municipal police department, according to TechCrunch. The city commission approved an ordinance during a special meeting on Tuesday to create the department, pending approval from the Texas Commission on Law Enforcement (TCOLE). Starbase city administrator Kent Myers told Valley Central that the department will protect SpaceX's assets. The department is expected to be run by a chief of police elected by the city commission and will hire eight officers. It could be operational within a few months.
Additionally, a new mobile app called Gizmo, developed by Atma Sciences, offers a TikTok-like experience for interactive mini-applications, TechCrunch reported. Gizmo allows users to create interactive experiences using text, photos, sound, and touch, displayed in a vertical feed. Unlike traditional short-form video apps, Gizmo encourages user interaction through tapping, swiping, drawing, and other actions.
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