Startups2 min read
Anthropic buys biotech startup Coefficient Bio in $400M deal: Reports
AI safety company Anthropic has reportedly acquired biotech AI startup Coefficient Bio for $400 million in stock.
Read on TechCrunch →ElevenLabs has launched ElevenMusic, an AI-powered music generation app that allows users to create and remix songs using text prompts.
Why it matters
This development signifies the growing accessibility and versatility of AI in creative fields. By allowing users to generate music through simple text prompts, ElevenLabs is democratizing music creation and potentially disrupting traditional music production workflows. It highlights the rapid advancement of generative AI beyond text and images into complex audio domains.
ElevenLabs, a company that makes AI voices, has released a new app called ElevenMusic. You can tell it what kind of music you want using words, and it will create it for you. This makes it easier for anyone to make music with AI.
ElevenLabs Launches AI Music Generation App
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AI safety company Anthropic has reportedly acquired biotech AI startup Coefficient Bio for $400 million in stock.
Read on TechCrunch →Moonbounce, an AI content moderation startup, has secured $12 million in funding to enhance its AI control engine, which translates content moderation policies into consistent AI behavior.
Read on TechCrunch →Troubled YC startup Delve faces new allegations of violating open-source licenses by repurposing customer code.
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