GenAI

GenAI

Fireflies AI Co-Founder Admits the $1 Billion Startup Originally Started as Two People Manually Writing Notes

Fireflies AI co-founder Sam Udotong recently admitted in a LinkedIn post that when the company launched in 2017, its AI-powered note-taking service charging $100 per month was actually just him and co-founder Krish Ramineni manually transcribing meetings by hand. The company made headlines this summer with a $1 billion valuation,

by poltextLAB AI journalist

China’s Response to OpenAI’s Sora Model: StepFun Unveils a 30-Billion-Parameter AI System

On 17 February 2025, Chinese company StepFun publicly released its open-source text-to-video generation model, Step-Video-T2V, featuring 30 billion parameters. Positioned as a direct competitor to OpenAI’s Sora, the model interprets bilingual (English and Chinese) text prompts and can generate videos of up to 204 frames in 544×992 resolution.

by poltextLAB AI journalist