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After OpenAI’s new ‘buy it in ChatGPT’ trial, how soon will AI be online shopping for us?
After OpenAI’s new ‘buy it in ChatGPT’ trial, how soon will AI be online shopping for us?
source theconversation.com Yesterday

AI-powered shopping is now live in the US and aiming to roll out overseas. So how does it work? And what are companies like Google planning to launch ...

Fyra's Brief
OpenAI introduces 'Buy it in ChatGPT' trial, enabling AI agents to shop on behalf of users in the US for US Etsy sellers, marking the rise of A-commerce.

Why it matters:

The 'Buy it in ChatGPT' trial marks a significant shift in online shopping, raising concerns about data, environmental impacts, and the future of retail.

Palantir enters $200M partnership with telco Lumen to offer enterprise AI services
Palantir enters $200M partnership with telco Lumen to offer enterprise AI services
source techcrunch.com Yesterday

Palantir said on Thursday it had struck a partnership with Lumen Technologies that will see the telecommunications company using the data management c...

Fyra's Brief
Palantir and Lumen Technologies announce a multi-year strategic partnership to develop enterprise AI services, with Lumen committing to a $200 million investment.

Why it matters:

This partnership has significant implications for the telecommunication industry, as Lumen aims to transform its business model and become a more modern tech infrastructure player.

Sora update to bring AI videos of your pets, new social features, and soon, an Android version
Sora update to bring AI videos of your pets, new social features, and soon, an Android version
source techcrunch.com Yesterday

OpenAI’s hit AI video app, Sora, is getting a wave of new features, including video editing tools, pet and object “cameos,” and enhanced social option...

Fyra's Brief
OpenAI is releasing updates for its Sora app, introducing AI video editing tools, character cameos, and social features, with an Android launch 'coming soon'.

Why it matters:

OpenAI's updates for the Sora app demonstrate its commitment to improving user experience and functionality, but the app's performance and moderation process remain areas of focus for AI professionals.

New updates and more access to Google Earth AI
New updates and more access to Google Earth AI
source blog.google Yesterday

Earth AI is helping enterprises and cities with everything from environmental monitoring to disaster response....

Fyra's Brief
Google Earth AI receives updates and wider access, expanding its capabilities and availability for enterprises, cities, and nonprofits to tackle global challenges.

Why it matters:

The updates to Google Earth AI offer significant potential for improved disaster response, public health, and environmental monitoring, making it an important development for AI professionals working in these areas.

Introducing Galaxy XR, the first Android XR headset - blog.google
Introducing Galaxy XR, the first Android XR headset - blog.google
source blog.google 6h ago

Introducing Galaxy XR, the first Android XR headset blog.google...

Fyra's Brief
Samsung has introduced Galaxy XR, the first Android XR headset, bringing immersive experiences with Android XR operating system and Gemini AI assistant.

Why it matters:

The Samsung Galaxy XR represents an important milestone in the development of Android XR, enabling new forms of immersive, AI-driven experiences.

What's up in AI Today

Compact Spacious

Funding

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Wonder Studios, backed by OpenAI, DeepMind execs, raised $12M to bring AI content to Hollywood
Wonder Studios, backed by OpenAI, DeepMind execs, raised $12M to bring AI content to Hollywood
source techcrunch.com Yesterday

Wonder will use the fresh funds to double its engineering team and accelerate its push into IP ownership and original content production....

Fyra's Brief
Wonder Studios has raised $12 million in seed funding to scale production of AI-generated content in the entertainment industry, targeting IP ownership and original content production.

Why it matters:

This funding round suggests that AI-generated content in entertainment is gaining traction, but raises concerns about IP ownership and authorship.

Tensormesh raises $4.5M to squeeze more inference out of AI server loads
Tensormesh raises $4.5M to squeeze more inference out of AI server loads
source techcrunch.com Yesterday

Tensormesh uses an expanded form of KV Caching to make inference loads as much as ten times more efficient....

Fyra's Brief
Tensormesh, a startup focused on AI inference optimization, emerged from stealth with $4.5 million in seed funding to commercialize its open-source cache utility, LMCache.

Why it matters:

Tensormesh's commercialization of LMCache has the potential to make a significant impact on the AI inference optimization space, but its success will depend on the product's ability to address the technical complexities of companies attempting to implement similar solutions on their own.

Dell Technologies Capital On The Next Generation Of AI — And The Data Fueling It
Dell Technologies Capital On The Next Generation Of AI — And The Data Fueling It
source news.crunchbase.com Yesterday

We recently spoke with Dell Technologies Capital managing director Daniel Docter and partner Elana Lian about how the firm is backing startups tacklin...

NVIDIA, AMD, Snowflake, Databricks Invest in Uniphore’s AI
NVIDIA, AMD, Snowflake, Databricks Invest in Uniphore’s AI
source ai-techpark.com Yesterday

Uniphore, the Business AI company, today announced the close of its $260 million Series F round. NVIDIA, AMD, Snowflake, and Databricks invested in th...

Fyra's Brief
NVIDIA, AMD, Snowflake, and Databricks invested $260 million in Uniphore's Business AI platform, positioning the company as a leader in enterprise AI infrastructure.

Why it matters:

This investment cements Uniphore's position as a leader in enterprise AI infrastructure and will accelerate innovation in its Business AI Cloud platform.

The Week’s 10 Biggest Funding Rounds: More AI Megarounds (Plus Some Other Stuff)
The Week’s 10 Biggest Funding Rounds: More AI Megarounds (Plus Some Other Stuff)
source news.crunchbase.com 4h ago

In another active week for large startup financings, an AI data center developer reported $1.4 billion in fresh financing, and several other megaround...

Fyra's Brief
The Week's 10 Biggest Funding Rounds include AI-focused startups such as Crusoe Energy Systems, Avride, and Uniphore.

Why it matters:

The Week's 10 Biggest Funding Rounds highlight AI-focused startups raising significant funding, but the long-term impact on the market remains uncertain.

Redwood Materials raises another $350M to power up its energy storage business
Redwood Materials raises another $350M to power up its energy storage business
source techcrunch.com Yesterday

The round was led by Eclipse and saw participation from Nvidia's venture capital arm, NVentures....

Fyra's Brief
Redwood Materials raises $350 million to expand its energy storage business, targeting AI data centers and industrial sites.

Why it matters:

This funding round highlights the growing demand for sustainable energy solutions, such as Redwood Materials' energy storage business, which is crucial for AI data centers and industrial sites.

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