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Hard Numbers: Cash for footage, Blackstone bets on AI data, Military tech is thriving, Adobe’s AI powers
A low-angle view of a video camera.
Photo by Jakob Owens on Unsplash
January 14, 2025
4: Social media creators are selling their unused video footage to AI companies hungry for content to train their generative AI models. OpenAI, Google, and others are reportedly paying up to $4 a minute to license this footage.
300 million: The private equity giant Blackstone invested $300 million in an AI data company called DDN, valuing the firm at $5 billion. DDN provides specialized data analytics for businesses developing and running AI models, helping them process and store large amounts of data.
32 million: The defense tech startup Overland AI raised $32 million in venture capital as the Pentagon ramps up demand for artificial intelligence. The company’s OverWatch software specializes in “ground autonomy” to help unmanned vehicles navigate off-road terrains.
10,000: Adobe’s new AI suite, called Firefly, can perform edits on 10,000 images at once. For example, it can resize tons of pictures or replace their backgrounds in one fell swoop.More For You
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Photo by Gerardo Vieyra/NurPhoto
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