Newsletter #7

Hi all, apologies for the late delivery of this Newsletter.

Hello everyone,

I hope this message finds you well and that you're all gaining more knowledge about AI and related subjects.

My primary focus is on AI technology news, given the rapid pace of change in the field. I also cover seed financing to highlight the substantial investment opportunities available. Additionally, I have a keen interest in AI retail, drawing from my experience at companies like Volvo, Selfridges, and CarPhone Warehouse, among others.

I'm particularly interested in exploring how AI can enhance the customer experience, streamline the creation of new products and apps, and encourage greater participation in the AI industry.

if you want me to include a particular topic or subject, please comment or message me via Linkedin.

News on AI Technology

• Microsoft will build?AI?into new laptops, firing shots at Apple - The Washington Post - The?tech?giant is pushing?AI?into its new laptops and tablets, guaranteeing that most people will have to interact with generative?AI.
• A Roadmap for Robots: Unpacking the Bipartisan Senate?AI?Report | Cato at Liberty Blog Cato Institute Both?AI technology?and policy have advanced rapidly since the forums began.
• The World is ill-prepared for breakthroughs in?AI, say experts - The Guardian Governments have made insufficient regulatory progress, 'godfathers' of the?technology?say before the summit.
• Microsoft Build 2024: The biggest AI announcements and what they mean for you. There are so many changes coming, it's very hard to keep up.

News on Seed Financing

• Chennai skincare start-up, Chosen, raises?seed round?of $1.2 million at $19 million valuation The Chennai-based cosmetic dermatologist's four-year-old skincare start-up, Chosen, has raised?seed funding?of 1.2 million dollars from friends and investors.
• Viable secures?seed funding?to enhance financial solutions for UK SMBs - Leasing Life Viable has raised ￡2.4m in?seed funding?round to advance its financial technology solutions tailored for online and multi-channel merchants.
• Deals in brief: Elon Musk's xAI to raise capital at USD 24 billion valuation, Honest Bank. With this funding, HoneyNaps has amassed around USD 16.2 million to date, since it first raised USD 700,000 in?seed funding?in 2019.
• Orca Fraud raises $550k in pre-seed round?- Finextra Finextra,?seed round. The money raised will be used to build simple, yet effective fraud prevention tools and iterate with customers in South Africa.

News on AI Retail

• Revolutionising?retail: The rise of immersive virtual?shopping?- ET Edge Insights ET Edge Insights Retail?/ By ET Edge Insights / May 15, 2024. fashion · Ethical e-commerce: Balancing?AI?advancements with sustainability in fashion?retail.
• Accelerating business transformation with industry?AI?and copilots - Microsoft, At Microsoft Build 2024, we announced new copilot templates for?retail?and sustainability.?Store?operations help?retail?frontline workers.
• Google?Debuts Tool to Help Put?AI?Products Into Production - PYMNTS.com This week also?Google?introduced a series of?AI?offerings for?retailers, such as tools to help them generate product images and videos.
• Gulf?retailers?have done well combining physical with digital –?AI?can help too - Gulf News Stock-AI?By now, every Gulf-based?retailer?will have some plans on how to use?AI?in their operations.

(sources: Google Alerts, Google Search, Toms Guide)

Unleashing the Power of AI in Windows 11 with Microsoft Copilot

Brace yourselves, technology enthusiasts, as Microsoft unveils a groundbreaking new category of Windows PCs designed to revolutionize the world of artificial intelligence (AI). Introducing the "Copilot+ PCs," a series of devices meticulously engineered to harness the incredible potential of AI, redefining the way we interact with our digital environments.

At the heart of these innovative Copilot+ PCs lies a neural processing unit (NPU) capable of delivering an astounding 40 trillion operations per second. This state-of-the-art hardware allows these machines to handle advanced AI workloads with unparalleled speed and efficiency, far surpassing the capabilities of previous Windows PC generations.

Prepare to witness the dawn of a new era in AI-powered productivity. Copilot+ PCs will introduce a suite of game-changing features, including Recall, which enables users to instantly access and search their browsing history, documents, emails, and more using natural language commands. The Cocreator feature seamlessly integrates AI-driven image generation and editing directly into Windows apps like Photos and Paint, empowering users to create and refine visuals in real time.

But the innovation doesn't stop there. These Arm-based Windows PCs with AI-optimized hardware will also boast the Live Captions feature, automatically translating audio from over 40 languages into English captions across any app or video platform. Microsoft's strategic partnerships with industry leaders like Adobe, DaVinci Resolve, and others will further amplify the AI-accelerated capabilities of these Copilot+ PCs, revolutionizing creative workflows and productivity.

FAQ

What are Copilot+ PCs?

Copilot+ PCs are a new category of Windows PCs designed for AI, featuring powerful hardware and software optimized for running advanced AI models.

What are the key features of Copilot+ PCs?

Copilot+ PCs will have a neural processing unit (NPU) capable of over 40 trillion operations per second, allowing them to run AI workloads much faster and more efficiently than previous Windows PCs. They will enable several innovative AI-powered features, including Recall, Cocreator, and Live Captions.

What is the Recall feature?

The Recall feature allows users to instantly access and search through their browsing history, documents, emails, and more using natural language.

What is the Cocreator feature?

The Cocreator feature integrates AI-powered image generation and editing directly into Windows apps like Photos and Paint, allowing users to create and refine images in real time.

What is the Live Captions feature?

The Live Captions feature automatically translates audio from over 40 languages into English captions in real time across any app or video platform.

Which partners are working with Microsoft on Copilot+ PCs?

Microsoft is working with partners like Adobe, DaVinci Resolve, and others to bring AI-accelerated features to their popular creative apps on Copilot+ PCs.

Source Links

• https://news.microsoft.com/en-hk/2024/05/22/whats-next-microsoft-build-continues-the-evolution-and-expansion-of-ai-tools-for-developers/
• https://blogs.microsoft.com/blog/2024/05/20/introducing-copilot-pcs/
• https://www.theverge.com/2024/5/21/24161221/microsoft-build-2024-news-ai-copilot-plus

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