March 24, 2026
Mirage raises $75M to continue building models for its AI video editing app Captions
Mirage, the company behind the AI-powered video editing app Captions, has secured $75 million in growth financing from General Catalyst's Customer Value Fund. This significant funding round underscores the growing demand for AI-driven creative tools and positions Mirage to further enhance its product capabilities. The investment highlights the confidence in AI's potential to revolutionize content creation, making it a noteworthy development in the AI startup ecosystem.
New Funding Rounds
- Mirage — $75M growth financing led by General Catalyst (AI video editing app)
- Gimlet Labs — $80M Series A (AI inference across multiple chip architectures)
- Littlebird — $11M for AI-assisted 'recall' tool (real-time screen reading AI)
- Swish — $38M (Bengaluru food delivery startup, third round in 18 months)
Major Partnerships
Agile Robots has partnered with Google DeepMind to integrate robotics foundation models into its systems, enhancing its AI capabilities. This collaboration is part of a broader trend of AI and robotics convergence, which is expected to accelerate innovation in automation and machine learning.
Notable Takes
Nvidia CEO Jensen Huang's claim of achieving AGI has sparked widespread debate, highlighting the ongoing discourse on the true capabilities and definitions of AI advancements. Meanwhile, Sam Altman's involvement in a potential energy deal between Helion and OpenAI underscores the intersection of AI and sustainable energy solutions.
Policy & Regulation
Senator Elizabeth Warren has criticized the Pentagon's decision to label Anthropic a 'supply-chain risk,' calling it retaliatory. This development highlights the increasing scrutiny and geopolitical implications of AI technologies in national security contexts.