Meta has launched its new AI chatbot named BlenderBot 3. The chatbot is accessible to everyone who currently lives in the U.S. More: - The link is currently open for everyone, while the chatbot only works for U.S.-based users.
- Meta claims that it wants to make the chatbot available to more countries soon.
- This software is based on Meta's previous attempts to build an AI bot.
- Blenderbot has been trained on different datasets to help users with numerous tasks such as programming, writing, daily menial tasks, etc.
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U.S researchers have created a neuromorphic chip that mimics the human brain. Using AI, the chip helps patients with their health by analyzing data. More: - Researchers at the University of Chicago’s Pritzker School of Molecular Engineering developed a neuromorphic chip that is flexible but also able to compute and process large amounts of data.
- The researchers believe that by having patients use the chip, their symptoms will be tracked immediately after starting, increasing their chances of curing those symptoms dramatically.
- Sihong Wang and his colleagues used polymers, which can be used to build semiconductors and electrochemical transistors but also have the ability to stretch and bend.
- The researchers aim to enable the chip to track complex indicators of health, including levels of oxygen, sugar, metabolites, and immune molecules in people’s blood.
- They have also built the device to analyze electrocardiogram data representing the electrical activity of the human heart. They trained the device to classify ECGs into five categories, healthy or four types of abnormal signals.
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 A message from PEGGY Peggy is raising a $6M USD round. Peggy is the social marketplace that allows you to discover, buy, and sell art. A place for the art-curious and the art-expert, for the art gallery and artist. A new way forward for the art world. Why Peggy? - Peggy is a marketplace that uses AI to transform the art market to buy and sell investment grade art securely
- 30 major contemporary art galleries from around the world have partnered with Peggy
- Co-founder duo’s previous venture ($1 billion GMV) was acquired by Live Nation / Ticketmaster
- "Blue chip" art market is built for UHNW and does not scale down to the rest of us. Peggy fixes this and creates a new category that enables investing in $1-50k art
- Peggy has built a sophisticated and proprietary AI, which enables the secure sale and resale of art without the need for human intermediaries
- Peggy powers Royalties for artist, who currently get cut out of resale, which is creating a social impact
- Millions of dollars of art are onboarded by leading galleries and artists who exhibit in museums such as MoMA, Tate Modern, etc.
- The lead investor secured
- Some allocation in the round remaining
- Minimum investment check size of $100k+
Direct inquiries to CEO, Craig Follett (craig@peggy.com) or click the button below! Email Here
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Cyber defense, natural language processing, and decision management have been named some of the top trends in AI. The AI industry is expected to disrupt industries that are worth a combined $2T today. More: - The concept of studying natural languages and raising parallels between the way that human language is structured and functions in nature work are not new, but science has become much closer to realizing this concept with the help of AI. Startups today are helping connect the dots between human language and biomimicry, paving the way for future health innovations and drug discoveries.
- Cyber defense was named one of the top trends in AI due to its growing importance.
- The recent war in Ukraine has highlighted the fact that cyberattacks can cause economic and social damage that is difficult to repair with short-term solutions. With humans relying more and more on data servers, cyber defense will become more important than ever, and with it, AI too.
- Content creation today is done by using online marketing and editing tools. In the future, the report claims that AI will play a huge role in ideating, shooting, editing, and marketing content.
- Virtual agents are considered a stable of customer support. Right now, many companies are experimenting with chatbots that aim to improve customer experience by reducing the time they wait to speak with agents and also lowering the cost for the company that is operating those bots.
- Self-driving cars are naturally another massive trend in AI right now, with virtually all major vehicle companies in the world at the moment trying to either build a self-driving vehicle system or invest in one. The industry is expected to be worth $1T once full autonomy is solved.
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AI is expected to be worth $87B and improve data effectiveness by 30% by 2027. The data comes from a new Artificial Intelligence global report. More: - The report states that artificial intelligence combined with IoT will disrupt virtually all industries.
- By having these two fields merge, city networks and computer systems will feel like thinking networks due to their pattern prediction and quick calculation.
- This report claims that part of this progress will come from large companies investing in the space, mentioning Google, Intel, Qualcomm, and others.
- VC investment in the startup vertical is also present, with AI startups raising over $20B annually and VC firms raising billions of deployable dollars.
- The report states that AI will be able to help data operators and data servers become at least 30% more efficient by 2027, while the industry is expected to reach $87B.
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Sportsbox AI has raised a $5.5M Seed funding round. The startup provides real-time player movement data analytics. More: - The round was led by EP Golf Ventures, a partner of the investment arm of the Los Angeles Dodgers.
- Other participants in the round include Michelle Wie West, Marina Alex, and Mel Reid.
- The company's first product is named Sportsbox 3DGolf, which allows golfers to access a full analysis of their swing and track progress using 3D biomechanical measurements.
- The product records everything from a mobile phone and transforms the footage into 3D.
- Sportsbox officials stated that the company has the capability to expand to other sports and plans on doing so in the near future.
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🍋 FRESH FUNDING 🍋 - BuiltAI has raised $2.2M for its real-estate investment platform.
- iLoF, a U.K.-based startup, has raised $4.1M. The startup has created a drug discovery platform.
- Oncoustics, a Canada-based company, has raised a $5M Seed round co-led by Creative Ventures and Saltagen Ventures.
- Kontent has raised a $40M funding round. The company offers a CMS platform for enterprises.
- Deci has raised $25M. The Israel-based startup aims to solve the efficiency gap issue in AI.
For the latest on AI startup funding and more in the VC community, subscribe to our newsletter, Inside Venture Capital.
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 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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