Generative AI startup Typeface acquires two companies, Treat and Narrato, to bolster its portfolio

Typeface, a generative AI startup focused on enterprise use cases, has acquired a pair of companies just over a year after raising $100 million at a $1 billion valuation. Typeface revealed on Monday that it's purchased Treat, a company using AI to create personalized photo products, and Narrato, an AI-powered content creation and management platform. Treat and Narrato will "enrich [Typeface's] multimodal capabilities," the company said in a press release, while "propelling [its] vision of end-to-end content lifecycle transformation."