Runway, one of the two startups behind Stable Diffusion, raised a $50M Series C led by Felicis Ventures; sources: Runway’s valuation is $500M, and ARR is ~$1M (Kenrick Cai/Forbes)

Kenrick Cai / Forbes:Runway, one of the two startups behind Stable Diffusion, raised a $50M Series C led by Felicis Ventures; sources: Runway’s valuation is $500M, and ARR is ~$1M  —  Runway ML, one of the two startups behind the popular AI text-to-image model Stable Diffusion, has raised new funding […]

Speed Read, December 4, 2022

It’s all about café racers this week, with a Harley Sportster from Thailand, a Triumph Thruxton from Hong Kong and a BMW boxer from the UK. Plus, a stock standard Ducati MH900E with one mile on the clock is up for sale. Harley-Davidson Sportster Forty-Eight by FatBoy Design and Slayer […]

An interview with Max Levchin on Affirm, the US CFPB’s inquiry into BNPL services, problems with credit cards, the current economic environment, and more (Lauren Goode/Wired)

Lauren Goode / Wired:An interview with Max Levchin on Affirm, the US CFPB’s inquiry into BNPL services, problems with credit cards, the current economic environment, and more  —  The PayPal cofounder on why his “buy now, pay later” company Affirm is a healthier way to borrow, what caused the techlash, […]