Katzenberg’s WndrCo Invests $1.5M in AI Ad Startup Creatify

Hollywood heavyweight Jeffrey Katzenberg has thrown his support behind an AI advertising startup called Creatify, leading its Series A round with $1.5 million via WndrCo. Katzenberg is also taking a board seat at the two-year-old firm, which claims more than 1.5 million global users and 10,000 teams using its tech to create social media-centric video ads, leveraging AI avatars and real-time testing. Marketing teams can use its tools to “spin up high-quality video creative in minutes (not weeks),” the company claims, mentioning a client that uses Creatify to generate 1,000-plus ads per month. Continue reading Katzenberg’s WndrCo Invests $1.5M in AI Ad Startup Creatify

AI Startup Led by Former Apple Execs Raises Its Next $100M

AI startup Humane, founded by former Apple employees, has raised $100 million in a Series C round to fund its vision to deliver an “integrated device and cloud services platform” for artificial intelligence. That brings Humane’s total funding to $230 million from investors including Salesforce CEO Marc Benioff. This recent round, led by Kindred Ventures, includes Microsoft, SK Networks and OpenAI co-founder Sam Altman. While Humane hasn’t been publicizing its plans, the company — founded by ex-Apple execs Bethany Bongiorno and Imran Chaudhri — drew attention after hiring dozens of former Apple staffers. It now numbers about 200 employees. Continue reading AI Startup Led by Former Apple Execs Raises Its Next $100M