The latest is Recraft, an AI graphic design generator aimed at professionals, which has raised a $12 million Series A round led by Khosla Ventures in Silicon Valley, together with former GitHub CEO, Nat Friedman. Also participating were RTP Global, Abstract VC, Basis Set Ventures, Elad Gil, and various other angel investors.
But this is not designed as a tool for spitting out funny images of cowboy dogs riding horses, or similar. As well as being able to produce these 'raster images' it can also generate vector images which are infinitely scalable and used in professional graphic design spheres, unlike platforms where the quality of images can often be limited.
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