AIBusinessStartups

Wonder Studios Secures $12 Million Seed Funding for AI-Powered Filmmaking Venture

Wonder, an AI-driven creative studio, has reportedly raised $12 million in seed funding from investors including Atomico, LocalGlobe, and Blackbird. The startup collaborates with acclaimed directors and has produced content ranging from short films to music videos. Sources indicate the funding will support its innovative approach to film production.

Major Funding Boost for AI Film Studio

London-based AI creative studio Wonder has reportedly secured $12 million in a seed funding round led by venture capital firm Atomico, according to recent reports. The investment signals growing confidence in AI’s role in the entertainment industry, with existing backers LocalGlobe and Blackbird also participating. Analysts suggest this funding could accelerate Wonder’s mission to blend artificial intelligence with high-quality filmmaking.

BusinessCybersecuritySoftware

Apple Removes Controversial Tea Dating Apps Over Privacy and Moderation Failures

Apple has removed the viral Tea dating apps from its iOS App Store after repeated privacy and moderation failures. The apps, which allowed anonymous reviews of dating partners, faced multiple data breaches and user complaints about exposed personal information.

Apple Takes Action Against Viral Dating Apps

Apple has removed the controversial Tea dating apps from its iOS App Store, according to reports from app analytics firm Appfigures. The decision, which took effect on October 21, affects both the original Tea app and its counterpart TeaOnHer, both of which gained viral popularity this summer for enabling anonymous dating reviews.

HardwareSemiconductorsTechnology

Tesla’s AI5 Chip Production to Ramp Up with Dual Foundry Strategy, Musk Confirms

Tesla CEO Elon Musk has detailed the company’s ambitious AI chip strategy during its third-quarter earnings call. The electric vehicle maker plans “excess production” of its AI5 processors through manufacturing partnerships with both Samsung and TSMC at their U.S. facilities.

Tesla’s Dual Foundry Approach for AI Chip Production

According to reports from Tesla’s third-quarter earnings call, CEO Elon Musk revealed that the company’s forthcoming AI5 chip will be manufactured by both Samsung and TSMC at their respective U.S. facilities in Texas and Arizona. Sources indicate this dual-foundry strategy represents a significant expansion of Tesla’s semiconductor production capabilities as the company aims for what Musk described as “excess production” of the advanced processors.