Scenario lands $6M for its AI platform that generates game art assets • TechCrunch

Depending on who you ask, generative AI is either massively overhyped or undervalued. Defined as algorithm-driven tech that creates text, art and other forms of media given a prompt, it's captured the attention of major VC backers who've piled hundreds of millions of dollars into firms like Jasper and Stability AI. But generative AI has yet to generate (no pun intended) correspondingly high returns, casting doubt on its near-term profit-making potential. Emmanuel de Maistre and Hervé Nivon think the problem is the application of the tech rather than the tech itself. While startups such as Stability AI aim to tackle a broad number of use cases with their generative AI, de Maistre and Nivon advocate for a narrower, slightly more focused approach.