Airbnb made its most significant step toward a public offering Wednesday, filing a confidential draft of its investment prospectus with the Securities and Exchange Commission, the company said in a statement. The filing sets Airbnb, founded 12 years ago, on a path to go public later this year. The prospectus—and its nitty-gritty financial details—won’t become public until the SEC reviews it. The...
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Know Thy Selfie: A Journey Into the Uncanny Valley of AI-Generated Avatars

At 7 a.m. on August 22, 2022, Yaron Inger woke up to find his business irrevocably changed. The co-founder and chief technology officer of Lightricks, which develops Facetune and other popular media-editing apps, scrolled through his newsfeed, his eyes flicking from one image to another. While Inger slept, Stable Diffusion, an open-source artificial intelligence text-to-image generator, had...
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