Developer & Business Tech Summary

Ex-Splunk executives have launched a new startup called Resolve AI, which has reached a valuation of $1 billion following a Series A funding round led by Lightspeed Venture Partners. Meanwhile, Yann LeCun, a prominent AI scientist, has confirmed the establishment of his new startup, reportedly seeking a valuation exceeding $5 billion.

In the gaming sector, Netflix has acquired Ready Player Me, a startup specializing in cross-game avatar technology, enhancing its gaming offerings for subscribers. Additionally, Google has released FunctionGemma, a small edge model capable of controlling mobile devices using natural language, further advancing its AI capabilities.