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Lou Gerstner, a former IBM CEO and chairman credited with turning the company around, died at 83; IBM's market value rose from $29B to ~$168B during his tenure (Patrick Oster/Bloomberg)

Patrick Oster / Bloomberg : Lou Gerstner, a former IBM CEO and chairman credited with turning the company around, died at 83; IBM's m...

9 July 2024

Captions, which uses AI to let people create and edit videos, raised $60M led by Index Ventures at a $500M valuation, taking its total funding to $100M (Rachel Metz/Bloomberg)

Rachel Metz / Bloomberg:
Captions, which uses AI to let people create and edit videos, raised $60M led by Index Ventures at a $500M valuation, taking its total funding to $100M  —  Index Ventures, Jared Leto are among the backers in the $60 million financing for Captions.  —  Captions, a startup that uses artificial intelligence …

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