California-based Matterport, which makes 3D scans of interior spaces, mostly for the real estate industry, has been purchased by the CoStar group for $1.6 billion. The deal will be split equally between cash and stock, with stockholders receiving $2.75 per share in cash and $2.75 in CoStar Group shares. Matterport went public via a spac in 2021.The Palo Alto-based startup is building a platform to help enterprises deploy generative AI tech.
The company specializes in non-invasive brain-computer interfaces . This adds to the previous $30M the Cambridge, MA company has raised since its founding in 2015. Funding this round are Ultratech Capital Partners, TRAC, Pace Ventures, and Metaplanet.Freepic Acquires Gen AI Upscaler Magnific. Design platform Freepik expands its reach with the acquisition of Magnific, an advanced AI-powered image upscaling and enhancement tool. Founded just five months ago, Magnific’s two person team quickly gained popularity with over 725,000 users, with no investment. Completely bootstrapped. Magnific is based in Malaga, Spain, only a few hours from Magnific, which is just up the coast in Murcia. The founders are friends. Reportedly Freepic wanted to buy Magnific before it launched.
An exoskeleton can save a worker’s back, or can give them the strength to lift a 200 airplane pound tire. The Dnsys X1 is the first exoskeleton for consumers. This wearable workout assistant is affordably priced onA year after the AR pet game Peridot arrived on phones, Niantic is stepping into headsets with a little mixed reality experience on Quest. Niantic has been try to duplicate the monster hit Pokemon Go since 2016.