LogicStar is building AI agents for app maintenance

Swiss startup LogicStar is bent on joining the AI agent game. The summer 2024-founded startup has bagged $3 million in pre-seed funding to bring tools to the developer market that can do autonomous maintenance of software applications, rather than the more typical AI agent use-case of code co-development. LogicStar CEO and co-founder Boris Paskalev suggests […]

Read more

Deepfake videos are getting shockingly good

Researchers from TikTok owner ByteDance have demoed a new AI system, OmniHuman-1, that can generate perhaps the most realistic deepfake videos to date. Deepfaking AI is a commodity. There’s no shortage of apps that can insert someone into a photo, or make a person appear to say something they didn’t actually say. But most deepfakes […]

Read more

Former Tesla engineer heading government agency reportedly outlines ‘AI-first strategy’

Thomas Shedd, the former Tesla engineer now serving as the director of Technology Transformation Services, reportedly outlined an “AI-first strategy” for the U.S. government department. According to a report from Wired citing multiple sources, the Musk ally described the plan to run the office like a “startup software company” during a Monday meeting. The New […]

Read more

Snap unveils AI text-to-image model for mobile devices

Snap has unveiled an AI text-to-image model for mobile devices that will power some of Snapchat’s features in the coming months. The company said on Tuesday that the model can produce high-resolution images in around 1.4 seconds on an iPhone 16 Pro Max.  The new diffusion model runs entirely on the device, which reduces computational […]

Read more

Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help […]

Read more