German startup Black Forest Labs secures massive funding
German startup Black Forest Labs recently raised $300 million in a Series B funding round, pushing its valuation to an impressive $3.25 billion. Known primarily for its open-source Flux image models, the Freiburg-based company has quickly become one of Europe’s most prominent generative AI firms.
Adobe Unleashes AI Image Generation on Phones
Adobe has launched its first dedicated AI smartphone application, aiming to capitalize on the growing trend of sharing AI-generated visuals on social media. The new Firefly mobile app, compatible with both iOS and Android, integrates Adobe’s own AI model alongside those from OpenAI and Google.