Milan-based buy now, pay later provider Scalapay on Wednesday announced it raised a $497 million Series B led by Alibaba competitor Tencent and Willoughby Capital with participation from Tiger Global, which led Scalapay’s Series A round. The round puts Scalapay’s valuation as high as $1.5 billion, according to a person familiar with the matter. The fintech was last valued at $700 million when it...
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Creator Economy google
YouTube Ushers in Fresh Wave of Creator AI Tools
Startups this year have been busy launching artificial intelligence tools, from chatbots to editing features, aimed at lightening creators’ workloads. Now YouTube is the first of the major social platforms to go hard on its own AI offerings for creators. At its Made on YouTube event in New York on Thursday, the Google-owned company made several announcements including Dream Screen, a new...
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