“Michael” star Larenz Tate is expanding his influence behind the camera by joining the team behind Vault, a new streaming and distribution platform focused on empowering indie filmmakers. Tate has teamed up with Kenneth Gifford, founder of the Newark International Film Festival, for the project, along with his brothers and business partners Larron and Lahmard
Nvidia has been in talks to acquire Hugging Face, the popular AI platform for sharing and building with open-source models, in what could be one of the chip giant’s biggest deals yet. The two parties have had acquisition conversations in recent weeks about a deal that would value Hugging Face at more than $13 billion,
GameSquare is rebranding its gaming and esports-focused livestreaming measurement platform Stream Hatchet into Hatchet, which it describes as “the first full-service creator matching and brand marketing analytics platform built for marketers looking to engage in youth culture with an emphasis on gaming.” As part of the revamp, Hatchet, which counts Electronic Arts and NASCAR among
Ventures Platform has raised an oversubscribed $84 million second fund as the Pan-African venture firm expands beyond its home market of Nigeria with a strategy shaped by a tougher, more selective venture market. The firm plans to back early-stage founders across a range of sectors, including fintech, healthcare, SaaS, and other areas “where technology can
The head of Instagram said the company spent years trying to persuade teens to “take a break.” Adam Mosseri testified Tuesday on the witness stand in Meta’s social media addiction trial in Oakland that relatively few teens initially opted into “Take a Break,” a well-being feature designed to encourage users to step away from the
The AI industry’s next blockbuster acquisition may not be another model maker. Hugging Face, whose platform helps developers discover, share, and build AI models, has been exploring a sale that could value the company at $13 billion or more. The startup has been working with a bank to evaluate bidders’ interest, and no deal has
