| Getty Images Key points to remember Ad revenue has started to slow as fears of a 2023 recession grow. By creating the metaverse, Meta continues to lose large sums of money, some $9.4 billion in the first nine months of 2022. There are no signs of a slowdown in spending, which will impact the …
Meta Layoffs – Facebook continues to cut costs by reducing its workforce Read More »
Runway co-founders (left to right) Anastasis Germanidis, Alejandro Matamala-Ortiz and Cristóbal Valenzuela are immigrants who met while studying art at New York University. Track Runway ML, one of two startups behind the popular Stable Diffusion text-to-image AI model, has raised new funding at a $500 million valuation, Forbes has learned. Felicis Ventures is leading the …
Runway raises $50M to $500M as generative AI craze continues Read More »
Eighteen months into its $150 million expansion and renovation project, the Cleveland Museum of Natural History (CMNH) will invite visitors on Wednesday, December 7 to explore the new and redesigned spaces and exhibits that have already been completed. Officials have pledged to keep the museum open throughout this four-year transformation that will expand the museum …
