OpenAI’s big reversal on its planned restructuring may replace one problem for another

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A stealth AI model beat DALL-E and Midjourney on a popular benchmark — its creator just landed $30M

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Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch.  Other investors in the round include Khosla Ventures and Madrona. Based in San Francisco, Recraft previously raised a $12 … Read more

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