Thursday, October 2, 2025

Perplexity acquires Visual Electric to rival OpenAI’s Sora, Google’s Nano Banana

Perplexity AI has acquired Visual Electric, an AI-based image and video generation platform. The Visual Electric team will join Perplexity to develop new consumer product experiences, while Visual Electric winds down its current operations over 90 days, offering refunds and data export.

from Tech-Economic Times https://ift.tt/3JA6rhm

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...