Inversion Space will test its space-based delivery tech in October, Snap plans to add watermarks to AI-generated images on Snapchat

Top News

Inversion Space will test its space-based delivery tech in October. - Link

Snap plans to add watermarks to AI-generated images on Snapchat; watermarks appear as a translucent version of the Snap logo with a sparkle emoji. - Link

B2B marketplace The Folklore bags $3.4M seed to get brands into global stores. - Link

Canada plans to introduce a digital services tax on large tech companies, which could raise CA$5.9B over five years starting in FY 2024-2025. - Link

A look at Spy Pet, a Discord scraping service that claims to get data from 14K+ servers and 600M users, available for as little as $5; Discord is investigating. - Link

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Startup Demo of the Day:

SpeedLegal is an AI tool that helps you understand and negotiate contracts better. It can identify potential risks and explain complicated legal terms in simple language. - Link

Founder University is a 12-week pre-accelerator program run by Jason/LAUNCH for builder founders. We're investing $25k in 20-30 companies from Cohort 7. Apply at founder.university/letsbuild.

This Week in Startups

E1932: Jason evaluates pitches from three founders—Jared Lewandowski of Umbrella Sports, Linda Gray of Mastertech, and Aleksandr Diamond of Ellis—before deciding to invest $25K in one of the startups. - Watch

E1931: Sunny and Jason explore recent AI developments, including Udio AI's new music creation tool and the potential legal challenges with AI-generated content, alongside demonstrations of other AI technologies like Aqua. They also discuss a new legislative proposal by Adam Schiff that would require AI companies to disclose when copyrighted art is used. - Watch

E1930: David Weisburd, Tomasz Tunguz, David Clark and Jason discuss the emerging trends in AI startups, focusing on the importance of the founding team and changes in early-stage valuations and funding rounds. Additionally, Tunguz shares insights from his experience in raising a venture capital fund and managing investment strategies in a dynamic market environment. - Watch

E1929: Alef CEO Jim Dukhovny discusses the company's innovative approach to vertical takeoff and landing (VTOL) and flying car technology. The conversation also explores Alef's future vision for autonomous flying cars, including safety features like ballistic parachute systems. - Watch

E1928: Ramin Hasani, CEO and co-founder of Liquid AI, discusses the company's focus on liquid neural networks inspired by biological systems, showcasing their efficiency and potential in applications like autonomous driving, data ownership, and societal impacts. - Watch

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