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AI video start-ups race ahead as Big Tech competition looms

SAN FRANCISCO — AI video-generation start-up Pika raised $80 million as venture capital investors continue to pour billions of dollars into artificial intelligence start-ups that are trying to compete with industry heavyweights OpenAI and Google.Pika joins other artificial intelligence video start-ups Runway and Synthesia in raising large amounts to build out their tools over the past year. Total venture capital investment in AI and machine-learning companies was $25.9 billion in the first quart...

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