Month: February 2024

TLDR: Colossyan, a generative artificial intelligence video-based corporate training startup, has raised $22 million in a funding round led by Lakestar. The company’s AI-powered platform simplifies video creation for training purposes, eliminating the need for conventional filming resources such as video cameras and actors. Colossyan’s platform can generate videos in over 70 different languages, saving … Read more Colossyan secures $22M to boost AI-driven corporate video training.

TLDR: London-based AI-text-to-video platform, Colossyan, has secured $22 million in funding to enhance product development. The platform, which reduces production cost and time by 70-80 percent, is primarily used for corporate training videos. Colossyan, a London-based AI-text-to-video platform, has announced the successful completion of a new funding round at $22 million. Led by Lakestar, the … Read more AI-text-to-video startup Colossyan secures $22M funding to level up.

From ashes to answers: Students use AI to decipher 2000-year-old scrolls TLDR: A team of student researchers used artificial intelligence (AI) to decipher a charred scroll buried under the eruption of Mont Vesuvius 2,000 years ago. They won the Vesuvius Challenge and received a $700,000 grand prize. The same AI technology could potentially be used … Read more Unveiling wisdom: AI decodes ancient scrolls, sparking student enlightenment.

TLDR: Over 80% of funding pitches received by venture capital firm Kleiner Perkins are related to artificial intelligence (AI), according to VC veterans Mamoon Hamid and Ilya Fushman. They believe that not mentioning or utilizing AI in a business would be a missed opportunity, similar to not mentioning the internet in a business built in … Read more VC Veterans: 80% Funding Pitches Now Rock with AI!

TLDR: The 2024 Grammys red carpet show used generative AI to create copy for the Grammy social channels and to provide research for the red-carpet presenters. AI-generated content received negative feedback on social media, with some users criticizing the promotion of AI after recent incidents involving deep-fake nudes of Taylor Swift. IBM, the company behind … Read more Grammys’ Red Carpet buzz: AI craze or just random chatter?

TLDR: Federal Reserve Chairman Jerome Powell has stated that the central bank has been researching the impact of artificial intelligence (AI) on employment, wealth distribution, and productivity in the United States. The research is part of the Fed’s broader efforts to understand and adapt to advancements in technology that could have significant economic consequences. The … Read more Federal Reserve’s chief, Jerome Powell, talks modernizing with AI research.

TLDR: – Federal Reserve Chair Jerome Powell expects a rate cut this year, despite a decline in inflation and near-record-high employment. – Powell discussed the threat of cyberattacks on the American banking system, emphasizing the need for constant investment in cybersecurity defenses. – The chairman addressed the failure of Silicon Valley Bank and the need … Read more Fed Chair Powell on China Evergrande, AI, Silicon Valley, and cybersecurity.

TLDR: Sundance Film Festival 2024 showcased a variety of films that explored themes such as AI, romance, horror, and personal identity. Desire Lines: A hybrid documentary/narrative feature that centers around trans men and their sexualities, challenging societal norms and promoting acceptance. Dìdi: A coming-of-age story set in the Bay Area in 2008, focusing on a … Read more Sundance 2024: AI afterlife, robot romance, slow-burn slashers, the best!

TLDR: A.I.-driven robots named Tarzan and Jane are being used to process microbiology samples at St. Paul’s Hospital in Vancouver, Canada. The robots handle about 70% of the hospital’s microbiology samples, freeing up lab staff from repetitive tasks. The robots are capable of unscrewing specimen tubes, streaking samples onto bacterial culture plates, and sorting and … Read more Witness AI robots revolutionizing B.C. hospital lab with repetitive task takeover.