Investments in AI Startups Surge to $24 Billion in Q2 2024
As Q2 2024 ends, a staggering $24 billion has poured into AI startups, marking an unprecedented surge in funding.
AI-Driven Health Tech Innovations in South Korea
At the forefront of this revolution is HoneyNaps, a company that has recently secured an impressive $11.6 million in funding.
Meta’s SeamlessM4T: Advancing Multimodal AI Translation
By streamlining these complex processes, SeamlessM4T not only enhances efficiency and errors but also brings us closer to the long-awaited dream of a universal translator.
Tribe, DISG, and NVIDIA Unite to Launch AI Accelerator
Partnerships with Tribe, DISG, and NVIDIA have resulted in the launch of the first AI startup accelerator in Southeast Asia, pioneering Singapore’s leadership in the AI industry.
Eventbrite’s Approach to Managing Tech Talent
By leveraging AI, machine learning, and a distributed workforce, Eventbrite builds products that connect people through live experiences.
AI Trailblazer: Interview with Yi Tay
Over the last decade at Google Brain, Tay pioneered techniques like Transformer models that now power search, translation, and recommendation systems affecting billions.
SoftBank’s $100 Billion AI Chip Project
One ambitious newcomer, SoftBank, aims to shake up the status quo through its Project Izanagi, a $100 billion venture into AI chip development. This enormous investment represents a strategic pivot for SoftBank towards the crucial semiconductor sphere, essential for the expanding AI needs of cloud computing, autonomous vehicles, and data centers.