Each week, Quartz compiles updates on product launches, funding news, and developments from AI-focused startups and companies. --- This week's highlights in the dynamic AI sector include: Physical Intelligence, a startup focused on developing foundational models and learning algorithms for robots, secured $400 million in funding, with OpenAI and Amazon founder Jeff Bezos among the investors, according to CNBC. The round valued the company at $2. 4 billion. Other investors include Thrive Capital, Sequoia Capital, Khosla Ventures, and Lux Capital. In March, Physical Intelligence raised $70 million in its seed round, valuing it at $400 million. Over eight months, it has created a general-purpose robot foundation model named pi-zero. This model represents a step toward enabling robots to perform tasks on user demand, similar to how large language models and chatbots operate. AI startup Anthropic and Palantir Technologies announced a collaboration with Amazon Web Services to provide Anthropic’s Claude AI models to U. S. intelligence and defense agencies.
The Claude 3 and 3. 5 series will be available on AWS, facilitating tasks like processing complex data, enhancing insights, identifying patterns, improving document review, and aiding timely decision-making while maintaining decision-making authority, as stated by Palantir. Additionally, AI startup Thesys announced a $4 million seed round, led by Together Fund. Thesys has developed a "visual collaboration tool" for companies to "ideate, visualize, and ship" user interfaces for AI agents. Co-founder Parikshit Deshmukh stated that static interfaces can’t keep up with today’s AI capabilities. Thesys aims to help businesses adapt by enhancing AI-driven interactions for superior user experiences. Lastly, Pibox, an audio and video collaboration platform, secured $1. 2 million to launch its creative tools. Investors include Presto Ventures, Globalive Capital, and Startup Wise Guys. Google for Startups also contributed, aiding Pibox in adding AI-powered features. Co-founder and CEO Ivan Talaichuk expressed a commitment to creating a unified space for content collaboration, as he personally found using multiple apps disruptive to creativity.
AI Startup Advancements: Funding, Collaborations, and Innovative Models
British advertising giant WPP is launching WPP Open Pro, a self-serve, AI-driven marketing platform that allows marketers to independently build campaigns, create creative assets, and activate them with AI assistance.
Law enforcement agencies and security firms worldwide are increasingly implementing advanced Artificial Intelligence (AI) video surveillance systems to improve the monitoring of public spaces.
In an era where technology is transforming content creation and social media management, Hallakate introduces new training tailored to this modern landscape: AI SMM.
Oracle has introduced advanced AI agents within its Fusion Cloud Sales platform to revolutionize the sales process by enhancing efficiency and enabling sales teams to concentrate on building meaningful customer relationships.
Digital Silk, a prominent digital marketing agency in the United States specializing in web development and SEO strategy, has announced a thorough review of the recent changes Google has introduced regarding AI-generated content overviews.
OpenAI has recently completed a remarkable $6.6 billion share sale, boosting the company’s valuation to an extraordinary $500 billion.
Scrolling through the Sora app feels like entering a surreal multiverse where absurd and hyperreal short videos abound: Michael Jackson performing standup, the Predator alien flipping burgers, a moose crashing through a glass door, and Queen Elizabeth diving off a pub table.
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