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David Schonauer

Industry News: AI Image Editor Photoroom Raises $43M at a $500M Valuation

TechCrunch   Tuesday March 12, 2024

AI-based photo-editing app Photoroom has been “growing like a weed targeting people doing business online while also attracting a lot of casual users,” and now, notes TechCrunch, it has raised a significant $43 million at a $500 million valuation. The round of funding comes from Balderton Capital, a previous investor, along with with new backer Aglaé and previous backer Y Combinator. The funding comes with growing competition in the area, including the likes of Picsart, which has raised nearly $200 million. Photoroom says that it’s currently processing some 5 billion images annually, with its app passing 150 million downloads, reports TC.   Read the full Story >>

In Focus: These 'Photo Quilts' Offer Solace in Troubled Times

British Journal of Photography   Tuesday March 12, 2024

Throughout her career, photographer Matthews has captured the stories of individuals affected by conflict, from the guerrilla war and independence of Eritrea to the struggles of the Sandinistas in Nicaragua. Her latest work “demonstrates an important strand of contemporary British art practice in combining photography and embroidery – an engaging blend of visual storytelling and traditional craft techniques,” notes the British Journal of Photography. The work is on display in an exhibition  in Glasgow, Scotland.   Read the full Story >>

Trending: Photography and Videography Jobs Soared in 2023

Yahoo! Finance   Tuesday March 12, 2024

Jobs related to video content creation are in high demand, according to Freelancer.com, the world’s largest freelancing and crowdsourcing marketplace. The site recently published a list of the fastest growing online jobs for 2023 based on data from more than 1 million projects posted to the platform. Videography ranked as the second fastest growing skill of 2023, with video production and video editing jobs placing in the top growing jobs. Demand for skills in photography and photo editing was also a driver for new jobs. Adobe Lightroom projects saw the highest percentage growth across the year, notes Yahoo.   Read the full Story >>

State of the Art: More News Organizations Are Suing OpenAI For Copyright Infringement

By David Schonauer   Tuesday March 12, 2024

In December, The New York Times sued OpenAI and Microsoft, claiming that they violated copyright laws by training their generative artificial intelligence products with texts of its stories. Now several other news organizations -- the Intercept, Raw Story, and AlterNet -- have filed lawsuits against OpenAI for copyright infringement in the Southern District of New York. The Intercept also includes Microsoft in the lawsuit. …   Read the full Story >>

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