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Apple and Paramount Discuss Bundling Streaming Services, Makers of the Dream by Wombo AI app launch a new app for AI avatars

Top News

Apple and Paramount are discussing bundling their streaming services, which could offer subscribers a wider variety of content and reshape the streaming market landscape. - Link

The Dream by Wombo AI app creators have launched a new application focused on AI-generated avatars, expanding their footprint in AI creativity and offering new digital expression tools. - Link

On its first anniversary, ChatGPT's mobile applications have achieved over 110 million installs and nearly $30 million in revenue, highlighting this platform’s impact and widespread adoption. - Link

Telegram has updated its channels with discovery and customization features, enhancing user experience and offering more control and engagement options within its messaging platform. - Link

Steam Link now supports wireless streaming of VR games to the Meta Quest headset. This development enhances the VR gaming experience by offering flexibility and accessibility to users. - Link

Startup Funding

Duplocloud sells tools to make provisioning apps to public clouds like Google Cloud, Azure, and AWS easier. They raised $32 million in a Series B financing round led by WestBridge Capital and StepStone Group with participation from existing investor Mayfield. This brings them to a total raised amount of $49.5 million. - LinkedIn

Clayful, a startup helping students connect to mental health experts within 60 seconds, raised $7 million from investors, including Google Latino Founders Fund, Reach Capital, Ovo Fund, Common Sense Ventures, Charter School Growth Fund, and Wisdom Ventures. - LinkedIn

Candex, a startup simplifying procurement, specifically vendor management and payment processes, raised $45 million in a Series B investment led by Goldman Sachs with participation from World Innovation Lab. This brings them to a total raised amount of $85 million. - LinkedIn

Lassie, a pet health app and insurance provider, raised €23 million in Series B funding led by Balderton Capital with participation from Felix Capital, Inventure, Passion Capital and H&M chair Karl-Johan Persson. This brings them to a total raised amount of €36.5 million. - LinkedIn

Product Demo & Launches

Dubbing AI allows you to morph your voice into any character instantly! Perfect for gaming, streaming, or adding a twist to meetings – this tool takes your online interactions to a new level.

Tipptree enables users to monetize their creativity with zero commission! Content creators can receive tips and donations via platforms like PayPal and CashApp, enhancing their connection with supporters.

Ideaverse Pro offers a dynamic system for linked notes, optimizing how you absorb, recall, and generate new ideas – an essential asset for learners and creators!

Top Founder Story/Advice of the Day

Shippo’s Path to Product-Market Fit — The Upside of Being Industry Outsiders:

In 2013, Laura Behrens Wu and Simon Kreuz arrived in San Francisco to complete their MBA programs. Enamored with the city's startup culture, they pivoted goals and founded Shippo, a billion-dollar multi-carrier shipping platform. Shippo experienced three phases of product-market fit, emphasizing the importance of finding fit in new customer segments. Laura uses the Three Horizons Framework to balance core product improvement with innovative growth. Shippo's success highlights the founders' unconventional approach as industry outsiders. Despite lacking prior shipping experience, their perspective proved advantageous, enabling creative problem-solving and a unique understanding of their target audience. - Link

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This Week in Startups

E1855: This episode dives into the rapid evolution of AI and the prospect of achieving Artificial General Intelligence (AGI), featuring insights from Adept CEO David Luan. It's a must-watch for understanding how AI shapes our future and data's role in this transformation. - Watch

E1854: Aryan Sharma from Induced AI discusses the development and impact of 24/7 autonomous agents on various sectors. This episode is crucial for grasping the breadth of AI applications and how they're revolutionizing everyday tasks and industries. - Watch

E1853: This episode showcases AI advancements with live demonstrations of Bard's YouTube summarizer and Stability's image editing tools, among others. It's an engaging watch for those interested in the practical applications of AI in content creation and editing. - Watch

E1852: Sunny Madra and David Sacks join the discussion on the ongoing developments and challenges within OpenAI. This episode offers valuable insights into the internal dynamics of AI organizations and the industry's future direction. - Watch

E1851: This episode covers the surprising news of Sam Altman's departure from OpenAI, exploring the implications and the ensuing chaos. Viewing the impact of leadership changes on AI research and development organizations is essential. - Watch

Startup Partners

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