A new company called Mirai has secured $10 million to enhance how artificial intelligence (AI) works on our smartphones and laptops. The co-founders of popular apps like Reface and Prisma are teaming up to make this happen. Their goal is to develop better ways for AI models to function directly on our devices, which could lead to faster and more efficient performance without relying heavily on the internet.

This partnership is exciting because it promises to bring advanced AI capabilities right...