🤠Musk Picks Texas and 🔥Tinder AI Picks Your Profile Pictures
🔦 Spotlight
Tinder is altering dating profile creation with its new AI-powered Photo Selector feature, designed to help users choose their most appealing dating profile pictures. This innovative tool employs facial recognition technology to curate a set of up to 10 photos from the user's device, streamlining the often time-consuming process of profile setup. To use the feature, users simply take a selfie within the Tinder app and grant access to their camera roll. The AI then analyzes the photos based on factors like lighting and composition, drawing from Tinder's research on what makes an effective profile picture.
The selection process occurs entirely on the user's device, ensuring privacy and data security. Tinder doesn't collect or store any biometric data or photos beyond those chosen for the profile, and the facial recognition data is deleted once the user exits the feature. This new tool addresses a common pain point for users, as Tinder's research shows that young singles typically spend about 25 to 33 minutes selecting a profile picture. By automating this process, Tinder aims to reduce profile creation time and allow users to focus more on making meaningful connections.
In wholly unrelated news, Elon Musk has announced plans to relocate the headquarters of X (formerly Twitter) and SpaceX from California to Texas. SpaceX will move from Hawthorne to Starbase, while X will shift from San Francisco to Austin. Musk cited concerns about aggressive drug users near X's current headquarters and a new California law regarding gender identity notification in schools as reasons for the move. This decision follows Musk's previous relocation of Tesla's headquarters to Texas in 2021.
🤝 Venture Deals
LA Companies
- DOG PPL, a canine social club, raised an undisclosed amount led by Ani.VC. - learn more
LA Venture Funds
- Bonfire Ventures participated in a $20.5M Series A for Alvys, a logistics operating platform. - learn more
- B Capital led a $65M Series D for LevelTen, a Seattle provider of transaction infrastructure for the energy transition. - learn more
- Amboy Street Ventures, a VC fund focused on Sexual Health & Women’s Health Technology is raising up to $50m for its second fund. - learn more
- Mucker Capital participated in a $43M Series B for Octagos Health, a provider of cardiac device monitoring tools. - learn more
- Magnify Ventures participated in a $10.9M Series A for Seven Starling, a virtual maternal behavioral health startup. - learn more
LA Exits
- Penguin Random House agreed to acquire comic book publisher Boom! Studios from backers like Walt Disney Co. - learn more