Tags: AI models

Mirage, the company behind the video‑editing app Captions, has raised $75 million in growth financing from General Catalyst’s Customer Value Fund. The startup rebranded to Mirage, introduced a freemium model, and launched new AI models for pacing, framing, attention dynamics, and accent‑preserving audio. With more than 3.2 million downloads and over 200 million videos created, the platform serves an international audience and is targeting small‑business marketers. The fresh capital will fuel growth, especially in high‑growth Asian markets, and support the development of additional AI models for video assembly. Read more

ChatGPT now displays only three model options—Instant, Thinking, and Pro—while the actual AI engine is chosen automatically based on prompt complexity and other factors. The older model names have been removed from the main interface and are only accessible through hidden settings. This shift aims to streamline the user experience and reduce costs, but it also means users may not know which model generated a given answer, creating potential gaps between expectation and reality. Read more