ByteDance Suspends Seedance 2.0 After Disney Copyright Fight

ByteDance Suspends Seedance 2.0 After Disney Copyright Fight

ByteDance has suspended the global launch of Seedance 2.0, its AI video generation model, after Disney and Paramount sent cease-and-desist letters accusing the company of training on copyrighted characters. The model was scheduled to go worldwide in mid-March 2026 but is now on hold indefinitely

Cursor Targets $50B Valuation as AI Coding Revenue Hits $2B

Cursor Targets $50B Valuation as AI Coding Revenue Hits $2B

Cursor, the AI coding assistant built on Claude and GPT models, is in talks for a new funding round at a $50 billion valuation, Bloomberg reported on March 12, 2026. The company crossed $2 billion in annualized revenue in February, doubling its revenue run rate in three months

Google Releases Gemma 3: Open Multimodal Models Up to 27B

Google Releases Gemma 3: Open Multimodal Models Up to 27B

Google released Gemma 3 on March 12, 2026, a family of open-weight multimodal models in four sizes (1B, 4B, 12B, 27B) built on Gemini 2.0 technology. The models support 128k token context, 140+ languages, and image-plus-text input, with open weights on Hugging Face and Kaggle

ElevenLabs Pledges 1 Million Free Voice Restorations at SXSW

ElevenLabs Pledges 1 Million Free Voice Restorations at SXSW

ElevenLabs pledged to restore 1 million voices for free at SXSW 2026, launching the initiative on March 11 alongside the premiere of "11 Voices," a docuseries where people with voice loss narrate their own stories using AI-generated versions of their voices

Adobe Launches AI Assistant for Photoshop and Expands Firefly

Adobe Launches AI Assistant for Photoshop and Expands Firefly

Adobe launched a public beta of its AI assistant for Photoshop on March 10, 2026, while simultaneously expanding Firefly with generative editing tools and integrations with 25+ third-party AI models including Runway, OpenAI, and Black Forest Labs. Adobe shipped two major updates on the same day

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