OpenAI Launches GPT-4o Enhancing ChatGPT's Capabilities, Apple Unveils AI Accessibility Features and AI Market Projected to Reach $184B in 2024.
Artificial Intelligence news, week 20/2024
Happy Saturday everyone!
I'm Rubén Colomer, GP at Next Tier Ventures and this is AI Weekly Digest, a weekly roundup of the latest news, funding rounds, tools, interesting reads, events, and jobs related to Artificial Intelligence.
News 🗞️📰
OpenAI has launched GPT-4o (o is for omni), its new model enhances ChatGPT's capabilities in text, voice, and vision, making advanced AI accessible to all. Features include real-time voice and video conversations, multi-language support, and a streamlined desktop app.
Apple announces new features leveraging artificial intelligence for enhanced accessibility
Microsoft will invest 4 billion euros, the largest investment to date in France, in cloud and AI infrastructure, AI skilling, and French Tech acceleration, aiming to train 1 million people and support 2,500 AI startups by 2027.
The market size in the AI market is projected to reach $184bn in 2024
OpenAI co-founder and chief scientist Ilya Sutskever departs. Exit comes 6 months after Sutskever and others moved to oust CEO Sam Altman
Anthropic Is Expanding To Europe And Raising More Money Claude, its AI assistant, is now live in Europe with support for “multiple languages,” including French, German, Italian and Spanish across Claude.ai
British artificial intelligence startup Stability AI held discussions with at least one potential buyer in recent weeks about a sale as it faces a cash crunch
OpenAI strikes Reddit deal to train its AI on your posts. Reddit gets access to OpenAI’s tech for building AI features, and OpenAI gets real-time access to Reddit posts that feed into ChatGPT.
Funding 💼💸
OptMyCare raised $3M in Series A Funding from Investor Group Led by LiveOak Ventures, for its clinically engineered AI platform to accelerate customer acquisition, refine the technology, and add key personnel.
Altera raises $9M to develop autonomous AI gaming companions. Altera is building digital human beings, starting with agents who can play any game with you, just like a friend. The seed round is co-led by First Spark Ventures (Eric Schmidt's deep-tech fund) and Patron.
UK-founded Artisan AI, a startup building AI employees and software for enterprise companies, has raised $7.3 million in funding.
LanceDB, The Y Combinator-backed company, raises $11M to build an open-source multimodal AI database for app development. CRV led the company’s seed round, with participation from Y Combinator, Essence VC and Swift Ventures.
PolyAI, the company, which produces AI voice assistants for call centers, raises $50 million in series C round led by Hedosophia and NVIDIA Venture Capital.
Numra, an Irish AI-powered financial automation platform, has announced that it has raised €1.5 million in funding led by Elkstone.
Voxel51 secures $30M to help gen AI understand visual input more accurately. The new investment was led by Bessemer Venture Partners with participation from Tru Arrow Partners, Drive Capital, Top Harvest Capital, Shasta Ventures and ID Ventures.
Leya raises $10.5M for its AI lawyer assistant. Leya is an AI assistant that works with multiple sources of information in conversation, due diligence processes, and drafting to deliver trustworthy responses.
Weka raises $140M as the AI boom bolsters data platform, led by Valor Equity Partners, with participation from Nvidia, Norwest Venture Partners, Micron Ventures, Qualcomm Ventures, Hitachi Ventures and others.
Scottish startup Malted AI announced today that it has secured $7,6 million in seed investment, led by Hoxton Ventures and joined by Creator Fund and angel investors. This brings the company’s funds to £7 million in total
Gamma, a San Francisco, CA-based provider of an AI powered presentation platform, raised $12M in Series A funding led by Accel, with participation from Script Capital, South Park Commons, Lorimer Ventures, and Fellows Fund.
M&A 💰
Randstad Digital Acquires Torc, the AI-powered Digital Talent Marketplace
South Korea's Samsung Medison it is acquiring all of France's Sonio SAS, a fetal ultrasound artificial intelligence software company for $92.4 million.
Hydrow, the at-home rowing machine maker, announced that it has acquired a majority stake in Speede Fitness, the company behind the AI-enabled strength training machine.
Interesting Reads 💡🤔
Unlock your creativity with this Top25 must-try Midjourney AI art styles.
AI spending grew 293% last year. Here's how companies are using AI to stay ahead.
With OpenAI’s Release of GPT-4o, Is ChatGPT Plus Still Worth It?
How The FA uses Google Cloud AI to identify future England football stars
Project Astra is the future of AI at Google. Siri and Alexa never managed to be useful assistants, but Google and others believe the next generation of bots will truly succeed.
Tech 🤖💻
AnythingLLM (GitHub Repo) All in one LLM and RAG serving framework.
Introducing MUStARD: a new dataset for multimodal sarcasm detection
Perturbed-Attention Guidance (PAG) enhances diffusion model image quality without extra training. (demo | paper)
Genkit is a recently introduced toolset for Firebase, designed to build and deploy generative products. It enables the launching of servers for open-source language models.
Introducing Veo: high-quality, 1080p video generation with advanced creative control and accessibility for all.
Finetuning PaliGemma for Vision-Language Tasks: A Research Demonstration on Limited Data and Parameters.
Google’s invisible AI watermark will help identify generative text and video.
Tools 🧰🛠️
Hopy copy - Writes better email campaigns, Uses AI to generate powerful content for hundreds of different email marketing campaigns.
FeedHive - Helps to create, schedule, publish, and easily manage your social media content at scale
Neptyne's Sheet Bot: AI Tool for identifying spreadsheet issues and improvements
Eleven Labs reader: Convert text into natural, expressive speech. Ideal for articles, ePubs, PDFs, or any text.
Anthropic Prompt Generator: helps solve the "blank page problem" by providing tailored prompts for testing and iteration.
Events 🪩🎉
VDS (October 23-24) - Valencia, Spain *SPONSOR*
Valencia Digital Summit is a major technology event that gathers innovators, entrepreneurs, and business leaders from around the world to discuss the latest trends and advancements in digital technology. This year, artificial intelligence will be a fundamental focus, with dedicated sessions exploring its transformative impact across various industries. Attendees will have the opportunity to engage with AI experts, participate in workshops, and discover innovative AI applications that drive business growth and societal advancement.
You can get tickets here, become a sponsor or exhibitor, submit a call for speakers, or join the startup competition.
AIME 2024 (July 9-12) - Salt Lake City, Utah, USA
A unique opportunity to learn from academic AI leaders, engage in interactive workshops, and establish valuable connections. Focused on advancements in AI for medicine.
DataConnect Conference (July 11) - Columbus, Ohio, USA
Unlock the power of AI to drive large-scale business transformation with a focus on practical applications and strategic insights.
12th Computing Conference 2024 (July 11-12) - London, UK
Premier venue for researchers and industry practitioners to share new ideas, research results, and enriching experiences in various fields of computer science.
IEEE AITest 2024 (July 15-18) - China
Focuses on the synergy of AI and software testing, presenting cutting-edge research and practical applications in the field.
MOMENTUM AI San Jose 2024 (July 16-17). San Jose, California, USA
AI Summit & Global Broadcast. Unlock the power of AI to drive large-scale business transformation
AI Summit (July 17) - San Diego, California, USA
Explores the latest advancements and strategies in GeoAI and generative AI within ArcGIS, with insights into AI-driven processes and tools.
AI & Education Summit (July 24-26) - Boston, Massachusetts, USA
Explores the role of AI in transforming education, with sessions on computational thinking, data science, and AI-driven curriculum design. Hosted by MIT RAISE.
MachineCon 2024 USA (July 26) - New York, New York, USA
Exclusive gathering of analytics and AI leaders to explore the transformative potential of cutting-edge AI technologies and innovative analytics solutions.
International Conference on Artificial Intelligence & Computer Science (AICS 2024) (July 26-28) - Wuhan, China
Connects academicians and industry experts in AI and computer science, facilitating research sharing and collaboration on future AI projects.
AIET 2024 (July 29-31) - Barcelona, Spain
5th International Conference on Artificial Intelligence in Education Technology, co-sponsored by the University of Barcelona and IU International University of Applied Sciences.
Generative AI Summit 2024 (July 10) - Austin, Texas, USA
Focuses on the latest advancements in generative AI, bringing together industry leaders and researchers to discuss innovations and applications in various sectors.
AI Jobs 👩💻👨💻
Machine Learning Engineer (Tripadvisor) - Portugal / Remote
Solutions Marketing Manager (Couchbase) US - $140,000—$170,000 USD
Machine Learning Engineer (Transcarent) - US - Remote
Research Engineer (DeepMind) - London
Platform Engineer, GenAI Platform (ScaleAI) - San Francisco, CA