AI-powered health insurance platform Qantev secures €30 million in funding to expand its claims management technology globally, addressing rising healthcare costs and inefficiencies in the rapidly growing insurance sector.
Amazon is implementing Vision-Assisted Package Retrieval (VAPR), an AI-powered technology that uses computer vision to streamline package identification and retrieval. Amazon aims to deploy VAPR in 1,000 electric vehicles by early 2025 to reduce driver effort and delivery time.
Amazon recently launched AI Shopping Guides, a generative AI-powered feature to streamline product research by providing consolidated information and tailored recommendations for over 100 product types on its U.S. app and mobile website.
Berlin-based startup forward earth secured €4.5 million in seed funding to expand its AI-powered environmental management software globally, support its plans to enter the US market, and address growing demand for automated carbon management and regulatory compliance solutions.
Basecamp Research, a startup building a comprehensive biological database for AI-powered biodiscovery, has partnered with Dr. David R. Liu's lab at MIT and Harvard's Broad Institute and raised $60 million in Series B funding to advance its platform and develop next-generation foundation models.
Atlassian has launched Rovo AI, a suite of AI-powered productivity tools including Rovo Search, Rovo Chat, and Rovo Agents, while also introducing new AI features across its platform, including enhancements to Jira and Loom.
OpenAI and Hearst have confirmed an agreement to give OpenAI access to Hearst's archive of US-based newspapers and magazine editions, including the San Francisco Chronicle, Cosmopolitan, and Runner's World.
The 2024 Nobel Prize in Chemistry was awarded to David Baker for designing novel proteins from scratch and to Demis Hassabis and John Jumper for developing AlphaFold, an AI system that can accurately predict protein structures.
Geoffrey Hinton and John Hopfield have been awarded the 2024 Nobel Prize in Physics for their groundbreaking work in neural networks. Hopfield and Hinton's research contributed to some of the most important advances in machine learning.
Raspberry Pi offers a new AI camera; OpenAI raised $6.6B, held its developer conference and launched canvas; Pika 1.5's Pikaffects bring the fun to AI video generation; Meta previewed Movie Gen; Microsoft updated Copilot; YOLOv11 is out; and more.
Google is expanding Lens with new features including video analysis, voice commands, and enhanced shopping capabilities, while also introducing ad integrations to the latter. In parallel, the company is cautiously testing offering shopping ads within relevant AI Overviews.
Meta has unveiled Movie Gen, a comprehensive AI system that can generate, edit, and personalize videos with matching audio using simple text prompts, marking a significant advancement in AI-powered content creation tools.