Anthony Ha

Creatopy, a startup that uses AI to automate the creation of digital ads, has brought on a new CEO: Tammy Nam. Nam was previously COO and CMO at photo-editing startup PicsArt, and before that the CEO of video streamer Viki. She told TechCrunch via email that Creatopy was looking for a US-based executive who knows how to scale early-stage startups, has worked with European founders (the product was first developed in Romania), and understands marketing

With just a few words, AI models can be prompted to create a story, an image, or even a short film. But according to Weber Wong, these models are all “made by non-creatives for other non-creatives to feel creative.” In other words, they’re not built for actual creative professionals. That’s something Wong is hoping to change with Flora, a new startup where he’s founder and CEO. Flora launched this week, complete with a manifesto declaring

Chinese AI startup DeepSeek recently declared that its AI models could be very profitable — with some asterisks. In a post on X, DeepSeek boasted that its online services have a “cost profit margin” of 545%. However, that margin is calculated based on “theoretical income.” It discussed these numbers in more detail at the end of a longer GitHub post outlining its approach to achieving “higher throughput and lower latency.” The company wrote that when