Artificial intelligence startup Captions completes $60 million funding, led by Index Ventures

According to Bloomberg, artificial intelligence startup Captions completed a $60 million financing round, led by Index Ventures, with participation from Kleiner Perkins, a16z, Sequoia Capital and actor Jared Leto. This brings its total funding to $100 million and a valuation of $500 million. Founded in 2021, Captions uses artificial intelligence technology to help people create, edit and distribute videos.