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Sony reports Q1 revenue up 2.2% YoY to $17.8B, net profit up 23% YoY to ~$1.8B, PS5 sales at 2.5M, up from 2.4M in Q1 2024, and expects a lower FY tariff impact (Kosaku Narioka/Wall Street Journal)

Kosaku Narioka / Wall Street Journal : Sony reports Q1 revenue up 2.2% YoY to $17.8B, net profit up 23% YoY to ~$1.8B, PS5 sales at 2.5M,...

6 August 2025

Sources: AI video startup Runway is looking to raise ~$500M at a $5B+ pre-money valuation; rival Luma AI aims to raise $1.1B+ at a $3.2B+ pre-money valuation (The Information)

The Information:
Sources: AI video startup Runway is looking to raise ~$500M at a $5B+ pre-money valuation; rival Luma AI aims to raise $1.1B+ at a $3.2B+ pre-money valuation  —  Startups that use artificial intelligence to make videos for Hollywood studios and amateur filmmakers are getting thirsty for more capital.

Posted from: this blog via Microsoft Power Automate.

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