Google AI Fund, Cohere Sales, AI Security, Agentic AI, AI Funding, IRIS Software, New Generation, AI Negation, Google Data

Recent developments in the field of artificial intelligence have seen significant investments and partnerships. Promise AI Studio, a generative AI studio, has partnered with Google's AI Futures Fund to integrate Google's AI technologies into its production pipeline. The studio aims to create a new kind of studio from the ground up for AI-native storytelling and is currently developing its own IP, including the hybrid GenAI action project NinjaPunk. Additionally, AI startups such as Cohere have seen their sales double since the start of the year, driven by increasing demand for AI solutions in the enterprise sector. In the education sector, schools are deploying AI-powered security systems to enhance safety, while in the customer service sector, Agentic AI is revolutionizing the way businesses interact with their customers. Furthermore, AI startups have seen a significant surge in funding, with 40% of total venture capital funding going to AI-focused companies. However, concerns have been raised about the limitations of AI models, including their difficulty in understanding negation, and the potential risks associated with their use in applications such as medical diagnosis.

Key Takeaways

  • Promis AI Studio has partnered with Google's AI Futures Fund to integrate Google's AI technologies into its production pipeline.
  • Cohere, an AI startup, has seen its sales double since the start of the year due to increasing demand for AI solutions in the enterprise sector.
  • Schools are deploying AI-powered security systems to enhance safety, with systems such as ZeroEyes and Coram AI being implemented in schools across the US.
  • Agentic AI is revolutionizing customer service by providing 24/7 support, personalizing experiences, and helping businesses stay ahead of the competition.
  • AI startups have seen a significant surge in funding, with 40% of total venture capital funding going to AI-focused companies.
  • IRIS Software Group has made a strategic investment in Instead, an AI-powered tax management platform.
  • New Generation, an AI commerce startup, has raised $4.5 million in seed funding to help brands adapt to the rise of AI-powered shopping.
  • AI models have difficulty understanding negation, which can lead to errors in applications such as medical diagnosis.
  • Google's use of AI in its search engine has raised concerns about the company's data collection practices.
  • The AI startup market is expected to continue growing, with companies like OpenAI and Anthropic leading the charge.

Promise AI Studio Partners With Google

Promise, a generative AI studio, has partnered with Google's AI Futures Fund. The studio aims to create a new kind of studio from the ground up for AI-native storytelling. Promise is currently developing its own IP, including the hybrid GenAI action project NinjaPunk, and building internal infrastructure like MUSE, its proprietary production pipeline. The company has also acquired Curious Refuge, the world's largest AI filmmaking school, to provide GenAI training and education for the creative community.

Google Invests in Promise AI Studio

Google's AI Futures Fund has invested in Promise, a generative AI studio. The studio will integrate Google's AI technologies into its production pipeline and workflow software, MUSE. Promise is working on several projects, including a feature-length film, and has acquired Curious Refuge, a GenAI film school. The company aims to develop original IP in-house and bring in outside talent to work on projects that are well-suited to AI.

Promise AI Studio Gets Google Investment

Promise, a generative AI studio, has received a strategic investment from Google's AI Futures Fund. The studio is developing AI-assisted films and has partnered with Google to integrate its AI technologies into its production pipeline. Promise is working on several projects, including a feature-length film, and has acquired Curious Refuge, a GenAI film school. The company aims to develop original IP in-house and bring in outside talent to work on projects that are well-suited to AI.

Andreessen Horowitz-Backed Promise Partners With Google

Promise, a generative AI studio backed by Andreessen Horowitz, has partnered with Google's AI Futures Fund. The studio aims to create a new kind of studio from the ground up for AI-native storytelling. Promise is currently developing its own IP, including the hybrid GenAI action project NinjaPunk, and building internal infrastructure like MUSE, its proprietary production pipeline. The company has also acquired Curious Refuge, the world's largest AI filmmaking school, to provide GenAI training and education for the creative community.

Promise AI Studio Expands Investor Base

Promise, a generative AI studio, has expanded its investor base with a strategic investment from Google's AI Futures Fund. The studio is developing AI-assisted films and has partnered with Google to integrate its AI technologies into its production pipeline. Promise is working on several projects, including a feature-length film, and has acquired Curious Refuge, a GenAI film school. The company aims to develop original IP in-house and bring in outside talent to work on projects that are well-suited to AI.

Promise AI Studio Adds Google and Michael Ovitz as Investors

Promise, a generative AI studio, has added Google's AI Futures Fund and Michael Ovitz's Crossbeam Venture Partners as investors. The studio is developing AI-assisted films and has partnered with Google to integrate its AI technologies into its production pipeline. Promise is working on several projects, including a feature-length film, and has acquired Curious Refuge, a GenAI film school. The company aims to develop original IP in-house and bring in outside talent to work on projects that are well-suited to AI.

Salem Schools Deploy AI-Powered Weapons Detection

Salem City Schools in Virginia are deploying an AI-powered weapons detection system to enhance school security. The system uses artificial intelligence to monitor camera feeds for signs of weapons and alerts staff and administrators if a threat is detected. The system is less intrusive than traditional metal detectors and can monitor cameras 24/7. Salem City Schools chose Coram AI, a newer company, to provide the system, which will be implemented at Salem High School first and then expanded to other schools.

AI Security Keeps Utah Schools Safe

Utah schools are using AI security systems to enhance school safety. The ZeroEyes system uses artificial intelligence to detect guns and alert authorities. The system has been implemented in over 200 schools across Utah and has successfully detected guns in several instances. The system is proactive and can identify threats before they become incidents, making it a valuable tool for school safety.

Cohere AI Startup Sees Sales Double

Cohere, an AI startup, has seen its sales double since the start of the year. The company's CEO, Aidan Gomez, attributes the growth to the increasing demand for AI solutions in the enterprise sector. Cohere is approaching profitability and is competing with other AI companies like OpenAI and Anthropic for business customers.

Cohere AI Startup Sees Sales Double

Cohere, an AI startup, has seen its sales double since the start of the year. The company's CEO, Aidan Gomez, attributes the growth to the increasing demand for AI solutions in the enterprise sector. Cohere is approaching profitability and is competing with other AI companies like OpenAI and Anthropic for business customers.

AI Models Struggle with Negation

AI models have difficulty understanding negation words like 'no' and 'not', which can lead to errors in medical diagnosis and other applications. This limitation can have serious consequences, such as misinterpreting medical images or failing to recognize potential health risks. Researchers are working to improve AI models' ability to understand negation and reduce the risk of errors.

Google's AI Search Raises Concerns

Google's use of AI in its search engine has raised concerns about the company's data collection practices. An internal document revealed that Google considered asking web publishers for permission to use their data, but ultimately decided against it. Instead, the company updated its policies without announcement, sparking criticism from some in the industry.

Agentic AI Revolutionizes Customer Service

Agentic AI is a new form of artificial intelligence that is revolutionizing customer service. It works autonomously, understands natural language, and makes decisions in real-time. Agentic AI can provide 24/7 customer support, personalize experiences, and help businesses stay ahead of the competition. However, its implementation requires careful planning, ethical consideration, and transparency to ensure that it benefits both customers and employees.

AI Startups See Surge in Funding

AI startups have seen a significant surge in funding, with 40% of total venture capital funding going to AI-focused companies. This has led to the rise of 'zombiecorns', companies with poor revenue growth and unit economics. The AI startup market is expected to continue growing, with companies like OpenAI and Anthropic leading the charge. However, the lack of exits and high valuations of some AI companies are causing concerns among investors.

IRIS Software Invests in AI-Powered Tax Platform

IRIS Software Group has made a strategic investment in Instead, an AI-powered tax management platform. Instead uses agentic and generative AI to automate tax preparation and planning, and has become the first new platform to earn IRS approval to e-file individual and business tax forms. The investment will help Instead accelerate its product development and expand its sales and marketing capabilities.

Amit Bendov Discusses AI Future of Sales

Amit Bendov, CEO of Gong, discusses the future of sales with AI. He talks about how AI can help sales teams be more efficient and effective, and how it can provide valuable insights to sales leaders. Bendov also shares his thoughts on the importance of training data in AI-powered sales tools.

New Generation Raises $4.5 Million for AI-Powered Storefronts

New Generation, an AI commerce startup, has raised $4.5 million in seed funding to help brands adapt to the rise of AI-powered shopping. The company is creating digital storefronts designed for both human customers and AI agents, and aims to help brands convert high-intent traffic into sales with visual, dynamic experiences.

Sources

AI Generative AI Artificial Intelligence Google AI Futures Fund Promise AI Studio