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- An AI Product Report Exclusive! đ€© StartupFest 2024 And Much Much More...
An AI Product Report Exclusive! đ€© StartupFest 2024 And Much Much More...
Your AI Product - News- Report - July 16th
For those that are new around here, this is an extension of my weekly newsletter where I highlight new and innovative AI products that are worth exploring.
Hey hey!
Happy Wednesday!
Hereâs your news in newsletter!
Strap in, we have a big issue this week!
In this Issue:
Why You Didnât Get A Product Of The Week Last Week: StartupFest 2024
An AI Product Report News Exclusive!
Your Weekly Industry News Recap
HEREâS WHY YOU DIDNâT GET A
PRODUCT OF THE WEEK
I was out and about getting the sweet digs on one of Montrealâs hottest Startup Events: StartupFest 2024!
While I was there getting you this coverage, I meet some incredible people that are shaking things up - big and small - around how we live, heal, communicate, do business, and even how we play! For anyone wanting a great community to be a part of, this definitely hit a lot of marks in terms of diversity, creativity, impact, inspiration and so much more. Iâve setup a highlight reel of my experience in this slide deck, so yâall can peruse at your heartâs content! and donât forget to vote on the Speaker Topics youâd like me to recap!
To tell you a bit more about my experience there, I was thoroughly enraptured by some of the speakersâ eloquence and the relevance of their speeches to the modern startupâs problems, the large state of the scene, and how this all blended into how AI shapes some of these outcomes. This even, by far, was an amazing opportunity for genuine connections with genuine founders, investors and all kinds of people from the tech community coming together from all across North America.
10/10 would recommend.
Iâll be back next year!
AN AI PRODUCT REPORT NEWS EXCLUSIVE! đ€©đŁ
Nearly everyone at this point in time has been exposed to computer generated translation. Now that didnât mean it was good, it didnât mean it was fast. Well hereâs the big shakeup - thereâs a new solution thatâs hit market just last week and my goal is to make sure you donât sleep on it. TransPerfect, one of the global leaders in language tech (not to be confused with LLMs), just announced the launch of their super cutting-edge AI Translator Software, and itâs about to break quite a few barriers in the world of multilingual communication.
Whatâs the Buzz About & Why Is This a Big Deal?
GlobalLink Live, brings real-time translation capabilities straight to the table. If you donât believe me, see if for yourself!
Yeah. Itâs really doing the jump between Catalan and English! Youâre staring at:
Real-Time Translation: Instant translations during live conversations, meetings, and events.
High Speed + Accuracy: Advanced AI delivers near-perfect translations. You saw a few 50/50 hands go up during the vid for the more casual slang, but I trust teamâs working on it!
TransPerfect has got the track record, theyâve got the star-studded client list, and theyâre consistenly investing in their language tech.
GlobalLink Live is already interesting, itâs a significant leap forward from a turn-based Google Translate hot-potato. This is actually delivering, and looking to to get even better in the accuracy and speed departments. I wouldnât even be surprised if theyâre already cooking something up with last weekâs article on domain abbreviation inference expertise. đ
Whether youâre a multinational corporation or a small business looking to expand your reach, this AI Translator Software is your ticket to smoother, faster communications.
Needless to say Iâll be keeping an eye on their moves in the coming weeks to see what big wins they land first. Stay tuned for more updates and get ready to say âBonjourâ, âCiaoâor âà€šà€źà€žà„à€€à„â to what the world has to offer!
TELL ME HOW YOU REALLY FEEL! đ€ Schedule Changes!
So⊠what do you think?
This Wednesday issue is part our first major format change! You're still getting the awesome "Product of the Week" every Friday (right on schedule, Eastern Time). And youâre also getting Wednesdays in there as a dedicated release for the news recaps. This way, every release can stay packed with info while being easier to read.
Your Weekly Industry News Recap
Some other notable news and product launches from this week
Amazon's new AI shopping assistant "Rufus" is set to make Prime Day even more exciting with personalized recommendations. Find out how this AI could change your shopping game here.
Hix AI just announced a big shift to creating an AI search engine, aiming to compete with the likes of Perplexity. Get the scoop on this strategic pivot here.
Pinterest is taking product shots to the next level with AI-generated backgrounds, making your pins look even more stunning. Discover the tech behind this cool feature here.
Deutsche Telekom is rolling out a new AI-based SaaS solution called "Law Monitor" to help businesses stay on top of legal risks. Learn more about this innovative tool here.
Featured previously in our Raise Recap was the prospective merger between the Korean mega-startup Rebellions. Well the truth is, theyâre back. With a new partnership this time around! Itâs with Igloo Corporation, with a focus on AI Cybersecurity.
Duck Creek and HDFC Ergo are partnering on a SaaS platform to transform the insurance landscape with advanced digital solutions. Check out what this means for the industry here.
On-chip AI training is getting closer to reality thanks to recent breakthroughs in research, promising faster and more efficient AI models. Dive into the details of this cutting-edge development here.
Telecom companies are key players in making AI-driven edge computing a reality. Explore how telcos are stepping up to support the AI vision here.
Discover optimization techniques that are revolutionizing edge AI, making it smarter and more efficient. Get a deeper understanding of these methods here.
The EU AI Act has been adopted, bringing significant changes for businesses and individuals alike. Find out what this means for you here.
Raises Recap
Paris-based Presti just scored âŹ3.2 million in seed funding to revolutionize product photography with AI. Dive into how this startup is shaking up the industry here.
HSBC UK's AI startups are on track to break records this year with a whopping ÂŁ3.4 billion in funding. Find out whatâs fueling this incredible growth here.
Meanwhile in Korea: SK Telecoms AI's momentum is still soaring, with new advancements, partnerships and investments rolling in. Catch up on the latest updates here.
AI Turbo just acquired Neonvest to create a top-notch AI-powered growth engine for startups. Learn how this merger could boost startup success here.
UptimeAI raised $14 million in a Series A round to enhance industrial performance with AI. See whatâs next for this innovative company here.
Forwrd AI has acquired LoudnClear AI, aiming to enhance its AI-driven solutions. Discover what this acquisition means for the AI landscape here.
Google is reportedly in advanced talks to acquire Wiz for a staggering $2.3 billion. Get the inside scoop on this potential mega-deal here.
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Why wait? Book my services and let the magic happen.
Stay well, and see you Friday!
-âđœ Sam
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