Equity It’s 2021 for AI while the rest of the startup market is stuck in 2024
Jan 22, 2024
The Q4 2023 earnings season kicks off with major players like Intel and Visa. Crypto struggles to find its footing after the ETF hype. Eleven Labs secures $80 million to boost its AI voice tech, stirring curiosity about its impact on voice actors. Meanwhile, Canva surprises with impressive growth, hinting at a future IPO. Cybersecurity funding takes a hit despite rising threats, and developers face challenges with Apple's Vision Pro. Plus, there's a clever trick to slow down TikTok!
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Crypto ETF Impact
- The Bitcoin spot ETF approval hasn't led to a significant price rally.
- This demonstrates the "buy the rumor, sell the news" maxim in markets.
Eleven Labs Funding
- Eleven Labs, an AI synthetic voice startup, raised $80M in Series B funding.
- Their valuation increased from $100M to over $1B, highlighting rapid AI growth.
Eleven Labs Technology
- Eleven Labs creates lifelike synthetic voices with adjustable characteristics.
- They are building a voice marketplace, raising concerns about voice actor displacement.