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Artificial intelligence is disrupting the content creation industry at an unprecedented rate. Once the exclusive domain of resource-rich film studios, production houses, and media giants, high-quality content production is being democratized. Recently, AI-powered video editing platform OpusClip secured $20 million in funding from SoftBank Vision Fund 2, boosting its valuation to $215 million. This significant investment clearly signals a rewriting of the rules for digital content creation and distribution. As an AI video editing platform, OpusClip...

Japanese tech group SoftBank recently released its financial report, revealing a massive $2.4 billion loss over the past period. This loss primarily stemmed from poor performance of its Vision Fund investment portfolio. Despite facing challenges, SoftBank indicated its intention to make substantial investments in the field of artificial intelligence (AI), reflecting confidence in future technological trends. The latest financial report highlighted significant impairment of the Vision Fund's value, with many investment projects not meeting expectations. This situation has placed substantial financial pressure on SoftBank, as well as spurring market concerns.

Enterprise AI leader Glean raised over $260 million in its latest Series E financing round, with the company's valuation reaching $4.6 billion, doubling from $2.2 billion six months ago. This round was co-led by Altimeter and DST Global, with participation from several investment firms including Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2. Along with the financing, Glean launched Work AI.