(Video) SiMa.ai Raises $13M for Machine Learning Solutions
[Investing]
2023/06/15 09:06
SiMa.ai, a San Jose, CA-based machine learning company delivering solutions for the embedded edge, raised $13m in additional funding.Backers in this round, which brought the round to $200M, included VentureTech Alliance and Navin Chaddha, Managing Director, Mayfield.Led by Founder and CEO Krishna Rangasayee, SiMa.ai is a Machine Learning company delivering a software-centric, purpose-built MLSo...
Generative AI Software Market Forecast to Expand Near 10 Times by 2028 to $36 Billion
[Business]
2023/06/15 09:05
Generative AI will experience explosive growth in coming years, but the cash the core technology generates for its inventors will pale in comparison to revenue from Big Tech's existing services and hardware, per a new S&P Global report.Why it matters: Generative AI is blowing our minds and changing our jobs, but the companies driving that innovation will struggle to join the household name...
(Paper) Magnetically Controlled Pill Cam Can be ‘Driven’ to Where It's Needed
[Tech]
2023/06/15 09:04
Researchers have developed a magnetically controlled video capsule that can be 'driven' around the stomach using joysticks.Researchers have created a new magnetically controlled capsule that can be ‘driven’ around the stomach using joysticks to take images of areas of interest. It's unlike other pill cams that rely on the gut's natural motility and gravity to get around.A traditional endoscop...
Southwest Take Off With New Luxe Sweatshirts For Flights
[Product]
2023/06/15 09:03
Southwest Is Selling a $200 Sweatsuit That Comes with $350 in Flight Credits. Take your next flight in style, with a significant discount. Flying can often be an exhausting and cramped experience, with strangers surrounding you and the constant soundtrack of snoring and crying babies. Thankfully, Fruit of the Loom and Southwest Airlines have teamed up to make your journey a little more bearable...
Bloomberg - Generative AI to Become a $1.3 Trillion Market by 2032
[Business]
2023/06/14 09:10
Bloomberg Intelligence expects generative AI market to soar. Amazon, Microsoft, Google and Nvidia seen as biggest winners.Bloomberg Intelligence: New Report Finds That the Emerging Industry Could Grow at a CAGR of 42% Over the Next 10 YearsRising demand for generative AI products could add about $280 billion of new software revenueWith the influx of consumer generative AI programs like Google’...
(Paper) I-JEPA : The First AI Model Based on Yann LeCun’s Vision for More Human-like AI
[Tech]
2023/06/14 09:09
Last year, Meta’s Chief AI Scientist Yann LeCun proposed a new architecture intended to overcome key limitations of even the most advanced AI systems today. His vision is to create machines that can learn internal models of how the world works so that they can learn much more quickly, plan how to accomplish complex tasks, and readily adapt to unfamiliar situations.We’re excited to introduce t...
(Video) Louis Vuitton's Horizon Speaker Surfaces in Silver
[Product]
2023/06/14 09:08
The shimmering saucer speaker will set you back a cool $3,600 USD.From headphones to smartwatches and speakers, the Louis Vuitton (PARIS:MC.PA +0.85%) Horizon line is a collection of high-priced, high-quality and heavily-detailed tech. One of its most striking pieces is a flying saucer-shaped speaker that debuted in 2021 and has now returned in a brand-new shimmering silver iteration. This silv...
(PDF) Mckinsey - Outlook for China Tourism 2023
[Consumer]
2023/06/14 09:07
With China’s travel restrictions lifted, demand is strong among Chinese tourists. Here’s where these travelers plan to go and what they’d like to do.China is now removing travel restrictions rapidly, both domestically and internationally. While the sudden opening may lead to uncertainty and hesitancy to travel in the short term, Chinese tourists still express a strong desire to travel. And t...
Stat Health, A Digital Health Company, Raised $5.1M in Seed Funding
[Investing]
2023/06/14 09:06
The round saw participation from J2 Ventures, BonAngels Venture Partners, and a diverse group of angel investors. It has also received grant funding from the U.S. Air Force.The company intends to use the funds to understand symptoms that occur upon standing, such as dizziness, brain fog, headaches, fainting, and fatigue.Founded in 2020 and led by CEO Daniel Lee and COO Paul Jin, Stat Health is...
Here’s The Inflation Breakdown for May 2023, In One Chart
[Investing]
2023/06/14 09:05
The consumer price index rose at a 4% annual pace in May, the lowest reading in over two years, the U.S. Bureau of Labor Statistics said in its latest inflation report.So-called “core CPI,” which strips out volatile energy and food prices, has remained stubbornly high, however. That’s a concern for economists.Categories such as shelter, motor vehicle insurance, recreation, household furnishi...
Sol Reader is a VR Headset Exclusively for Reading Books
[Product]
2023/06/14 09:04
Sol Reader e-reader headset advanced versions now shipping to early testers.We’ve been waxing lyrical (and critical) about Apple’s Vision Pro here at TechCrunch this week – but, of course, there are other things happening in the world of wearable tech, as well. Sol Reader raised a $5 million seed round with a headset that doesn’t promise to do more. In fact, it is trying to do just the oppo...
This Virus Detecting Smart Watch Alerts Wearer of Dangerous Pathogens
[Design]
2023/06/14 09:03
Pandemics like Covid-19 disrupt more than just normal life and aftermath can be equally painful. We’ve all seen how dangerous the spread of a potentially deadly virus can be when it’s mutating faster than one can even bring a solution to the drawing board.This calls for the perfect opportunity to bring in a wearable capable of detecting potentially deadly viruses in the environment and stayin...