Headwinds in the industry + ALWAYS-ON AI LISTENING? 😬 Your AI News Recap

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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!

Here’s your news in newsletter!

Strap in, we have another big issue this week!

In this Issue:

• Your Weekly Industry News Recap

• An Interview with

• The Raise Recap

Your Weekly Industry News Recap

Some other notable news and product launches from this week

• Consumers are getting turned off by AI-branded products, showing a preference for solutions that focus on the problems they solve rather than the tech used. 🛑 Curious why this shift is happening? Read more and Read more

• Generative AI is facing skepticism, with companies questioning its ROI and realizing not everything needs AI to succeed. 💡 Want to see why Gen AI isn't the magic bullet everyone thought? Read more, Read more, and Read more

• More anti-trust challenges are hitting the AI giants like Alphabet and Elon Musk's X, raising questions about privacy and competition. ⚖️ Curious about these legal battles? Read more and Read more

• Alibaba has unveiled the world's first AI-powered conversational sourcing engine, a game-changer in procurement processes. 🛠️ Excited to see how this innovation can streamline sourcing? Read more

• Google is boosting Africa's AI startups with a new accelerator cohort, aiming to nurture local innovation. 🌍 Want to know more about these emerging AI startups? Read more

• Cortechs.ai has received a new NIH grant for ARIA detection in Alzheimer's disease, pushing forward in medical AI advancements. 🧠 Interested in how AI is helping in Alzheimer's research? Read more

The Minds Behind The Tech - Language Meets AI with TransPerfect

I got you some extra digs on TransPerfect! They were featured a few times recently, and I managed to get a chat going with members of their product team! Our guests shared some personal stories, cool facts, and their favorites from the TransPerfect suite. We got into the scoop on the brand-new GlobalLink LIVE, how the AI translation market is evolving, and we even got to chat about the development journey of their AI-powered product! From how they gather customer feedback, ensure reliability, to some exciting future projects—with a funny story thrown in for good measure, this video is going to get you at least some nuggets of product gold. Sit back, and enjoy the chat!

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This Week’s Raise Recap

• Reddit has just acquired the generative AI startup Memorable AI, aiming to enhance its platform with cutting-edge AI technology. 🤖 Curious about how this will change your Reddit experience? Read more

• Protect AI has made another move by acquiring security startup Sydelabs, bolstering its AI security capabilities. 🔒 Want to know more about this strategic acquisition? Read more

• Canva is stepping up its game by acquiring generative AI startup Leonardo AI, aiming to supercharge its design tools with advanced AI. 🎨 Interested in how Canva’s AI tools are evolving? Read more

• Former Squad and Twitter execs have raised $7M to build a hardware AI assistant that learns from you as you talk. 🤔 How would you feel about an always-on AI in your life? Read more

• BrandRankAI has secured $12 million in seed and angel funding to revolutionize AI-driven brand search analytics. 📊 Want to see how they’re changing the game in brand analytics? Read more

• Gradient AI has scored $56 million to further its mission in advancing AI technology in various sectors. 🚀 Excited to see where this funding will take them? Read more

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Stay well, and see you Friday!

-✌🏽 Sam