Firework Raises $150 Million for Shoppable Video

Shoppable video is the mirror image of retail media: instead of selling someone else’s ads on a retail website, it lets companies convert their own website into a retailer.  Maybe that makes no sense, but the symmetry is appealing.  What’s even more appealing is $150 million, which is how much livestream platform Firework just raised in a Series B, brining total funding to $369 million.

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Singapore metaverse UGC platform BUD raises $36.8M Series B led by Sequoia Capital India

May 26, 2022

BUD, a Singapore-based metaverse user-generated platform, announces its $36.8 million Series B round led by Sequoia Capital India. The company intends to use the fresh funding to further develop its creation tools, grow its global user base and roll out web3 products for its metaverse ecosystem. It has also revealed clear plans to launch its own non-fungible token (NFT) marketplace.

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Meta Releases Lying, Offensive AI and Pretends to Be Surprised

November 23, 2022

Like trouble, bad behavior by Meta shows up whether you look for it or not.  The latest is an open-source language model that was supposed to provide reliable search results because it was trained on academic papers.  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia, and misogyny.”  How can this be a surprise?

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