Paris-based startup, PhotoRoom, secured $43M in Series B funding, boasting a new AI model that generates images faster than competitors. This development could disrupt the industry, setting new speed standards for AI image generation. Stakeholders stand to benefit from increased efficiency, while the broader societal context may see enhanced digital content creation. Future trends could include a race for even faster AI models.
We are THRILLED to announce a major milestone today: our Series B, raising $43M with Balderton and Aglae
— Matthieu Rouif (@matthieurouif) February 27, 2024
We also announce 6 new GenAI features in Photoroom. More importantly, these features are powered by Photoroom's foundation model, the best model for commerce photography.📸✨ pic.twitter.com/FUWIgkUpr1
