Adobe reportedly acquires text-to-video AI platform Rephrase

With the acquisition, the product capabilities and a majority of the Rephrase team will go to Adobe, building the company’s efforts for generative AI videos.

Investment firm involved in Celsius acquisition reportedly eyeing FTX

Proof Group, part of the Fahrenheit consortium that acquired bankrupt Celsius Network, has shown interest in the potential relaunch of FTX, Bloomberg reported, citing people familiar with the matter. The investment firm is reportedly exploring potential partnerships with other entities to secure the acquisition of FTX. Proof Group is a prominent Silicon Valley company that […]

The post Investment firm involved in Celsius acquisition reportedly eyeing FTX appeared first on CryptoSlate.