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Increasing competition and the viral popularity of ChatGPT is spurring businesses to launch AI apps but they face time and budget constraints in rolling these out. Helping businesses solve this bottleneck, Portkey.ai has announced a $3 million seed funding round empowering engineering teams to build and launch generative AI apps faster.
Venture capital fundraising is experiencing a troubling downturn, hitting a nine-year low, as revealed by the State of European Tech report (2022). Over 80% of respondents who took part in the study believe that raising venture capital has become substantially more challenging than it was just a year ago – the most significant change in sentiment recorded in the past half-decade.
Karta, an award-winning metaverse studio pioneering the world of in-game experiential marketing, has launched its own studio dedicated to creating bespoke in-game experiences in Fortnite. Karta’s Fortnite studio has been set up to partner with rights holders and popular IP owners from music, entertainment and sports talent to create innovative takes on Fortnite experiences within the platform – opening up new revenue streams for rights holders.
















