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From Ethan Choi to Spencer Peterson, venture capitalists continue to play musical chairs


While venture capitalists don't leave their firms very often, the industry has seen a number of VC moves in the last six months.

ByteDance’s video editing app CapCut will stop offering free cloud storage to host creative assets starting August 5. The full and final text of the EU AI Act, the European Union’s landmark risk-based regulation for applications of artificial intelligence, has been published in the bloc’s Official Journal. While the figure of $500 million has been bandied around in various reports for months, in a press briefing early Thursday morning, Graphcore co-founder and CEO Nigel Toon remained coy on the details.

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Ethan Choi

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