Valve’s $1,049 Steam Machine pricing, Google’s A24-backed push into AI movie tools, and Meta naming a new WhatsApp chief while backing CRED founder Kunal Shah with a $900 million investment.

• Valve prices the Steam Machine at $1,049
• Google invests in A24 to build AI movie tools
• WhatsApp gets new chief as Meta taps India's CRED founder Kunal Shah and invests $900M in startup | TechCrunch
• SpaceX inks compute deal with Reflection AI, an open source AI lab | TechCrunch
• Instagram looks to take on streaming services with longer-form, episodic and live formats for its TV app | TechCrunch