AfroTech
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Tech
Anthropic Nears Trillion-Dollar Valuation After Its Latest Funding Round – AfroTech
Anthropic is nearing a trillion-dollar valuation after raising new funding. As AFROTECH™ previously reported, Anthropic is an AI safety and…
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UMG, Sony Music Entertainment Are Requesting For More Than 61,000 Recordings To Be Added To Copyright Infringement Lawsuit Against Suno – AfroTech
Universal Music Group and Sony Music Entertainment (Sony) want to update a lawsuit against the AI music-generation platform Suno. As…
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Kevin Hart’s Plant-Based Nutrition Company VitaHustle Receives Investment From Black-Owned PE Firm Axum Capital Partners – AfroTech
Kevin Hart’s plant-based nutrition company has received new funding. In 2022, Hart founded VitaHustle, a plant-based nutrition company that offers…
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Byron Allen Becomes Majority Owner Of BuzzFeed And Aims To Rival YouTube As The ‘Premier Free-Streaming Video Service’ – AfroTech
Byron Allen’s acquisition of BuzzFeed has closed. As AFROTECH™ previously reported, Allen is a media mogul with an estimated net…
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NBA Plans To Implement AI Automated System For Instant Objective Calls – AfroTech
NBA Commissioner Adam Silver says the league plans to use AI-assisted technology to automate objective calls. Silver was asked on…
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Lawsuit Filed Against USDA Seeking For Restoration Of $127M In Cancelled Grants – AfroTech
A lawsuit has been filed against the U.S. Department of Agriculture (USDA) regarding grants through the Increasing Land, Capital, and Market…
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Amazon MGM Studios And AWS To Provide Funding And AI Production Tools To Tech Startups, Filmmakers, And Digital Creators – AfroTech
Amazon MGM Studios and Amazon Web Services (AWS) have established a fund to support creators with AI production tools. GenAI…
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TikTok And UMG Have Updated Their Multi-Year Licensing Agreement, Which Includes How They Plan To Navigate AI – AfroTech
TikTok and Universal Music Group (UMG) have signed a new agreement. As AFROTECH™ previously reported, the companies previously agreed to…
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Kevin Hart Confirms Hartbeat Has Downsized But Isn’t On The Brink Of Closure – AfroTech
Hart also addressed concerns reported by Entrepreneur that some employees fear Hartbeat was nearing its end. He doubled down on…
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Robinhood Now Allows Users’ AI Agents To Trade Stocks And Make Credit Card Purchases – AfroTech
Robinhood’s new trading feature and credit card product allow AI agents to operate on users’ behalf. Robinhood revealed two new…
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