AI Spring: Innovation, Trust, and Funding in the Tech World

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. In the text, the potential future of artificial intelligence (AI) after the generative AI bubble bursts is discussed. AI will flourish once "grifters" leave the industry, and that spring symbolizes a time for genuine innovation and progress driven by a love for technology and a desire to make the world a better place. The importance of trust in the adoption of AI by the general public is emphasized, highlighting the need for conscious effort and action to ensure successful implementation. Even if there is a recession or setbacks, there is still potential for progress in AI applications, encouraging readers to subscribe to their blog for more insights on AI and its impact on society.Transitioning to funding news, vertical farming startup Oishii has closed a $150 million series B funding round, believing in the potential of vertical farming to disrupt traditional agriculture methods. With a focus on high-quality produce, Oishii has attracted investors like Resilience Reserve and Miyako Capital. The company's success sets it apart in the competitive market. In other funding news, companies like Locad, World Class Health, Apideck, and Flywheel Dynamix have secured significant investment rounds. Private equity deals include Blackstone's acquisition of Jersey Mike's Subs for $8 billion, with AeroVironment set to acquire BlueHalo for $4.1 billion.Shifting to industry updates, Comcast is spinning off NBCUniversal's cable television networks into a separate, publicly traded company. Google's investment in Anthropics has been approved by the UK regulator, with Apple investing $100 million in Indonesia to reverse a ban on iPhone sales. Microsoft has released a $349 Windows Cloud PC, and Sony is in talks to acquire the maker of the popular video game "Elden Ring." Keychain, a platform connecting retailers and suppliers, has raised funding from General Mills and others. The newsletter also highlights autonomous helicopters for crop spraying and firefighting.Discussing AI advancements, YouTube is changing with features such as AI-powered dubbing and translation, allowing creators to reach global audiences. Microsoft AI CEO Mustafa Suleyman predicts AI with "near-infinite" memory by 2025, revolutionizing how people engage with AI. The release of Suno V4, an AI music creation tool is also mentioned. The rise of AI is transforming various industries, creating new opportunities for creators and businesses to connect with audiences worldwide.This concludes today's episode of OWITH.ai: the podcast that keeps you informed on all things AI and tech. Stay tuned for more updates on the ever-evolving world of artificial intelligence.

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