Zehan Wang News Today

Photoroom, the AI-based photo-editing app out of Paris that has been growing like a weed targeting people doing business online while also attracting a lot of casual users to boot, confirmed it closed its latest funding round: $43 million at a $500 million valuation, according to CEO and co-founder Matthieu Rouif, who co-founded Photoroom with CTO Eliot Andres. The funding comes at a time when the company continues to see a lot of adoption amid a pretty competitive market, with other players in...

Apps that let users take, manipulate and share images have been some of the biggest hits in the world of mobile over the years. PhotoRoom -- a startup out of Paris, France -- has built a popular AI-based image editing app and API targeting e-commerce vendors, media specialists, and others. In a market where AI is hot, but funding overall remains very constrained, PhotoRoom has been turning heads -- and getting people to open checkbooks, it seems.

Some of the most popular smartphone apps of all time have allowed users to capture, edit, and share photographs. A fresh slew of firms are jumping into the fray as a result of the AI inflow. A Paris, France, company called PhotoRoom created a well-known AI-based picture editing tool and API aimed at e-commerce merchants, …

Apps that let users take, manipulate and share images have been some of the biggest hits in the world of mobile over the years. Now, the influx of AI is

Imperial College London entrepreneurs are pledging philanthropic support for future generations of innovators when their businesses take off. Imperial is the first UK university to launch a Founders’ Pledge programme, which will see alumni entrepreneurs who have benefited from the College’s support promise to give back through philanthropy when they are in a position to do so.  

PhotoRoom launches background-removal app on Android French startup PhotoRoom is launching its app on Android today. The company has been working on a utility photography app that lets you remove the background from a photo, swaps it for another background and tweaks your photo. And it’s been working well on iOS already, as the company attended Y Combinator, doubled its annual recurring revenue to $2 million and raised a $1.2 million seed round. In particular, influencers and people reselling...