Business Insider’s Post

Frammer AI, a startup founded by former NDTV executives, has successfully raised $2 million in a seed funding round led by Lumikai Fund, a venture capital firm focused on interactive media and gaming. This funding will be utilized to enhance Frammer's AI-driven video creation platform, which aims to streamline the production of short-form videos for businesses. Key Highlights: 1. Founders and Background: Frammer AI was established by Suparna Singh (former CEO of NDTV), Kawaljit Singh Bedi (former CTO of NDTV), and Arijit Chatterjee (former Chief Strategy Officer at NDTV) approximately a year ago. 2. Technology and Services: The platform uses advanced AI technology to transform long videos into multiple short clips quickly—turning a 30-minute video into 35 short packages in about five minutes. This service is particularly valuable for businesses looking to enhance their social media presence with engaging content. 3. Clientele: Frammer AI serves notable clients such as The India Today Group, ZEE News, and Acko. It has also been named the AI content partner for Brightcove, a US-based streaming service. 4. Future Plans: With the new funding, Frammer AI plans to expand its offerings into the sports and entertainment sectors and strengthen its technology team. The company aims to invest in data training to improve its services further. 5. Market Demand: The founders emphasize the growing need for short-form video content in marketing strategies, highlighting that their platform can help companies maximize audience engagement through effective video utilization. Congratulations to Lumikai Fund and Frammer AI Follow me at Sravya N (AI Human) for more startup and AI news.

Artificial intelligence is coming for Hollywood in a big way this year, so it seemed like a good time to look at AI companies that are disrupting Hollywood and who's backing them. Investors are pouring millions into startups that are trying to take costs out of everything from content creation to workflow in what they call a "tired" and "backward" industry. It's activity that will no doubt have the guilds watching for implications on creators' work and job security. Do you agree with the optimist view, that momentum will favor the good actors focused on ensuring artists' consent and compensation, or will a beleaguered industry use AI as a job killer? Check out these 16 early-stage investors from Octopus Ventures to LightShed Ventures that are trying to capitalize on the promise of AI and other shifts in entertainment. #artificialintelligence #hollywood #venturecapital #sagaftra #wga

Check out our latest PitchBook report on how startups are leveraging AI-generated visuals to revolutionize enterprise marketing and design, with record-breaking VC funding in Q1 2024. Stay ahead of the curve by exploring the opportunities and challenges in this dynamic sector! #pitchbook #venture #startups #ai

New Zealand's Shutterspeed selected for investment by Techstars with AI-powered business assistant for content creators and creatives "Production companies need to a better way to understand how time is spent, who is spending it on what, what resources are in use, and what client needs to be billed for it all, so we decided to build Shutterspeed." https://lnkd.in/gqx8xj2J #newzealand #AI #creativetech #nztech #startupnewzealand #techstartup #technologynews 

The entertainment sector is seeing dynamic shifts with AI and blockchain taking center stage. Here are several venture capital firms fueling these innovations: ✅ Accel - A pioneer in tech investing since 1983 with significant stakes in AI applications across media. ✅ Aperture® Venture Capital - Focused on merging fintech and AI to streamline entertainment financing. ✅ Bertelsmann Investments Digital Partners - Investing in tools that optimize production and reduce costs. ✅ Connect Ventures- CAA's venture arm, blending Hollywood's creativity with Silicon Valley's tech prowess. ✅ Elysian Park Ventures - Investing in sports and entertainment crossovers that captivate global audiences. ✅ Endeavor Venture Fund & Venture Studio - Backing innovative media, sports, and entertainment startups. ✅ Fiat Ventures - Leveraging fintech to innovate within entertainment's financial aspects. ✅ Javelin Venture Partners - Early supporters of companies transforming media consumption with AI. ✅ LightShed Ventures - Led by media analyst Rich Greenfield, focusing on early-stage tech impacting media and telecom. ✅ Octopus Ventures - UK-based, leading investments in AI to reshape media production. ✅ Point72 Ventures - Broad tech focus with emerging interests in media and entertainment. ✅ Powerhouse Capital - Emphasizing tech-driven media spanning visual content to gaming. ✅ SWaN & Legend Venture Partners - Broad consumer portfolio with a keen eye on entertainment and better-for-you messages. ✅ Waverley Capital - Media specialists capitalizing on streaming and digital transformation opportunities. These firms are not just financing change; they're shaping the future of how we consume entertainment. For a deeper dive into how these VCs are influencing the industry, check out the full article: https://lnkd.in/eCzM9XF3 #VCs #Entertainment #AI #Blockchain #Innovation #funds

The entertainment sector is seeing dynamic shifts with AI and blockchain taking center stage. Here are several venture capital firms fueling these innovations: ✅ Accel - A pioneer in tech investing since 1983 with significant stakes in AI applications across media. ✅ Aperture® Venture Capital - Focused on merging fintech and AI to streamline entertainment financing. ✅ Bertelsmann Investments Digital Partners - Investing in tools that optimize production and reduce costs. ✅ Connect Ventures- CAA's venture arm, blending Hollywood's creativity with Silicon Valley's tech prowess. ✅ Elysian Park Ventures - Investing in sports and entertainment crossovers that captivate global audiences. ✅ Endeavor Venture Fund & Venture Studio - Backing innovative media, sports, and entertainment startups. ✅ Fiat Ventures - Leveraging fintech to innovate within entertainment's financial aspects. ✅ Javelin Venture Partners - Early supporters of companies transforming media consumption with AI. ✅ LightShed Ventures - Led by media analyst Rich Greenfield, focusing on early-stage tech impacting media and telecom. ✅ Octopus Ventures - UK-based, leading investments in AI to reshape media production. ✅ Point72 Ventures - Broad tech focus with emerging interests in media and entertainment. ✅ Powerhouse Capital - Emphasizing tech-driven media spanning visual content to gaming. ✅ SWaN & Legend Venture Partners - Broad consumer portfolio with a keen eye on entertainment and better-for-you messages. ✅ Waverley Capital - Media specialists capitalizing on streaming and digital transformation opportunities. These firms are not just financing change; they're shaping the future of how we consume entertainment. For a deeper dive into how these VCs are influencing the industry, check out the full article: https://lnkd.in/eCzM9XF3 #VentureCapital #EntertainmentTech #AI #Blockchain #Innovation

The entertainment sector is seeing dynamic shifts with AI and blockchain taking center stage. Here are several venture capital firms fueling these innovations: ✅ Accel - A pioneer in tech investing since 1983 with significant stakes in AI applications across media. ✅ Aperture® Venture Capital - Focused on merging fintech and AI to streamline entertainment financing. ✅ Bertelsmann Investments Digital Partners - Investing in tools that optimize production and reduce costs. ✅ Connect Ventures- CAA's venture arm, blending Hollywood's creativity with Silicon Valley's tech prowess. ✅ Elysian Park Ventures - Investing in sports and entertainment crossovers that captivate global audiences. ✅ Endeavor Venture Fund & Venture Studio - Backing innovative media, sports, and entertainment startups. ✅ Fiat Ventures - Leveraging fintech to innovate within entertainment's financial aspects. ✅ Javelin Venture Partners - Early supporters of companies transforming media consumption with AI. ✅ LightShed Ventures - Led by media analyst Rich Greenfield, focusing on early-stage tech impacting media and telecom. ✅ Octopus Ventures - UK-based, leading investments in AI to reshape media production. ✅ Point72 Ventures - Broad tech focus with emerging interests in media and entertainment. ✅ Powerhouse Capital - Emphasizing tech-driven media spanning visual content to gaming. ✅ SWaN & Legend Venture Partners - Broad consumer portfolio with a keen eye on entertainment and better-for-you messages. ✅ Waverley Capital - Media specialists capitalizing on streaming and digital transformation opportunities. These firms are not just financing change; they're shaping the future of how we consume entertainment. For a deeper dive into how these VCs are influencing the industry, check out the full article: https://lnkd.in/eCzM9XF3 #VCs #Entertainment #AI #Blockchain #Innovation

TOP 50 GENAI WEB PRODUCTS What are the top 50 Gen AI web products? 💡 Venture capital firm Andreessen Horowitz releases a report every 6 months to attack this question. 🚀 The graphic below mentions all the 50 companies. The magic of creative tools continues to draw in consumers. Fifty-two percent of the companies on the web list are focused on content generation or editing, across modalities — image, video, music, speech, and more. Of the 12 new entrants, 58% are in the creative tool space. This is an interesting piece for Marketers to know. ✅ Source: Andreessen Horowitz #marketers #genaiinmarketing #aiinmarketing #smartmarketers #innovativemarketers #chatgpt #gemini #lumaai #startups #founders

NeuralGarage(VisualDub.ai), a Bengaluru-based startup, is revolutionizing visual dubbing with its AI-driven technology that syncs actors' lip movements with dubbed audio, making it appear as though they speak multiple languages. Born during the pandemic, the technology was recently used in an ad featuring Shahrukh Khan, seamlessly delivering content in various languages. As they expand into Hollywood with a new Los Angeles office and a $5 million fundraising round, Neural Garage aims to scale globally, offering production houses the ability to license their tech for seamless multilingual content creation. #NeuralGarage #AIDubbing #VisualDubbing #MultilingualContent #ShahrukhKhan #TechInnovation #HollywoodExpansion #BengaluruStartups #AIinCinema #ContentCreation #FilmTech #GlobalTechExpansion #StartupIndiaSummit2024 #EPNews