Shopify AI Store Builder, Rad AI Funding, AI + X Major, Cohere Growth, Meta Llama

Recent developments in artificial intelligence have been making waves across various industries. Shopify has introduced an AI-powered store builder that allows users to set up storefronts using a single prompt, generating ready-to-launch storefronts and making it easier for merchants to manage their stores. Meanwhile, Rad AI, a generative AI company in radiology, has secured an additional $8 million in funding to improve workflow, care quality, and patient outcomes. In the education sector, Bowling Green State University is introducing a new major called AI + X, which combines courses on artificial intelligence with specific fields like history and mathematics. Additionally, companies like Cohere Inc. and Meta are seeing significant growth in their AI businesses, with Cohere's sales more than doubling since the start of the year and Meta launching a new program called Llama for Startups. However, the increasing use of AI has also raised concerns, such as the potential for AI-powered scams, including grandparent scams that use voice-cloning technology to impersonate victims' family members. As AI continues to evolve and become more prevalent, it is likely to have a profound impact on various aspects of our lives, from commerce and education to healthcare and entertainment.

Key Takeaways

  • Shopify has launched an AI-powered store builder to make it easier for merchants to set up and manage their online stores.
  • Rad AI has secured $8 million in funding to improve workflow, care quality, and patient outcomes in radiology.
  • Bowling Green State University is introducing a new major called AI + X, which combines courses on artificial intelligence with specific fields.
  • Cohere Inc.'s sales have more than doubled since the start of the year, with the company approaching profitability.
  • Meta has launched a new program called Llama for Startups, providing companies with direct support and funding to build generative AI applications.
  • AI-powered scams, including grandparent scams, are becoming increasingly prevalent, with scammers using voice-cloning technology to impersonate victims' family members.
  • Google has unveiled a new AI mode that allows users to perform complicated searches in one go.
  • Meta predicts that its generative AI products will generate $2-3 billion in revenue in 2025.
  • Orson Welles' voice has been digitally re-created using AI technology and is available as a tour guide in the location-based storytelling app Storyrabbit.
  • Axios is hosting an event on the evolving trade landscape and the role of artificial intelligence in building supply chain resilience.

Shopify launches AI store builder

Shopify has introduced an AI tool that helps sellers create complete online stores from keywords. The AI Store Builder generates three store layouts with images and text, reducing the time and resources needed to design a store website. This tool is part of Shopify's efforts to make it easier for merchants to set up and manage their online stores. The company has also upgraded its AI commerce assistant, Sidekick, with new voice chat and screen sharing capabilities. Shopify's goal is to make it easier for entrepreneurs to focus on growing their businesses and connecting with customers.

Shopify launches AI store builder

Shopify has launched an AI-powered store builder that allows users to set up storefronts using a single prompt. The tool generates a ready-to-launch storefront, and merchants can then manually customize their store within the editor. Shopify has also introduced a new public theme called Horizon, which includes a built-in AI to assist merchants in adjusting their designs. The company has also upgraded its AI commerce assistant, Sidekick, with new voice chat and screen sharing capabilities. These updates aim to enhance the online shopping experience for customers and make it easier for merchants to manage their stores.

Shopify debuts AI store builder

Shopify has introduced a tool that lets merchants create online stores by entering descriptive keywords. The AI Store Builder uses artificial intelligence to generate store layouts with text and images, helping merchants cut back on the time and resources needed to design their store website. Shopify's vice president of product, Vanessa Lee, said that the goal is to make it easier for entrepreneurs to focus on growing their businesses and connecting with customers. The company has also redesigned its point of sale app to include smoother navigation and a smarter search feature.

Rad AI raises $8 million

Rad AI has announced an additional $8 million strategic investment to its latest funding round, led by four health systems. The company is a generative AI company in radiology, building solutions designed to improve workflow, care quality, and patient outcomes. Rad AI's success has come from understanding and solving real clinical challenges with measurable impact. The investment brings critical insight from leading health systems to accelerate the next wave of AI-driven innovation in healthcare. Rad AI's platform includes tools such as Rad AI Impressions, Rad AI Reporting, and Rad AI Continuity, which aim to improve radiology workflows and patient care.

4 health systems invest in Rad AI

Four health systems have joined Rad AI's investment round, bringing the company's total Series C funding to $68 million. Rad AI is a generative AI company in radiology, building solutions designed to improve workflow, care quality, and patient outcomes. The company's platform includes tools such as Rad AI Impressions, Rad AI Reporting, and Rad AI Continuity, which aim to improve radiology workflows and patient care. The investment reflects a shared commitment to transform care delivery for millions of patients nationwide and to scale generative AI across hospitals and clinics. Rad AI's success has come from understanding and solving real clinical challenges with measurable impact.

Bowling Green introduces AI major

Bowling Green State University is introducing a new major called AI + X, which combines courses on artificial intelligence with specific fields like history, journalism, physics, and mathematics. The program aims to teach students how to apply AI technologies to real-world problems. The university's Department of Computer Science chair, Jake Lee, said that the goal is to provide students with a unique perspective on how to use AI in their chosen field. The program is set to launch next fall, pending approval from the Ohio Department of Higher Education.

AI in education discussed

The use of artificial intelligence in education is being discussed, with some arguing that it has the potential to improve learning outcomes. However, others are cautioning that AI should not be seen as a replacement for human teachers. The article highlights the need for a balanced approach to AI in education, one that takes into account both the benefits and the limitations of the technology. It also notes that education has always been a state and local matter, and that federal policies may not have a significant impact on K-12 education.

Cohere's sales double

Cohere Inc., an artificial intelligence startup, has seen its sales more than double since the start of the year. The company's CEO, Aidan Gomez, said that Cohere is approaching profitability and is seeing significant growth in its enterprise business. Gomez also noted that the company is on track to reach $100 million in annualized revenue. Cohere's success is attributed to its ability to provide AI solutions that meet the needs of its customers, and the company is expected to continue growing as it approaches an initial public offering.

Axios event on AI trade

Axios is hosting an event on the evolving trade landscape and the role of artificial intelligence in building supply chain resilience. The event features speakers such as Commerce Secretary Howard Lutnick and Sen. Jeanne Shaheen. The discussion will focus on the impact of AI on the global economy and the new rules of power in the trade landscape. The event aims to provide insights into the future of trade and the role of AI in shaping it.

Google's new AI mode

Google has unveiled a new AI mode that allows users to perform complicated searches in one go. The company has also introduced smart glasses with tools for live voice translation and a connection to Google Maps for real-time navigation. Additionally, Hotels.com has launched a new chatbot trip planner that allows users to sort property searches with preferences. The travel industry is seeing significant investments in AI, with companies like Booking Holdings, Marriott, and Airbnb being frequently traded by members of Congress and their spouses.

Meta launches Llama program

Meta has launched a new program called Llama for Startups, which provides companies with direct support from Meta's Llama team and funding to help them build generative AI applications. The program aims to incentivize startups to adopt Meta's Llama AI models and provide them with the resources they need to succeed. Meta has huge ambitions for Llama, predicting that its generative AI products will rake in $2 billion to $3 billion in revenue in 2025. The company has also launched an API for customizing Llama releases and may eventually show ads and offer a subscription with additional features.

AI-powered grandparent scams

Scammers are using artificial intelligence to make grandparent scams more convincing. They use voice-cloning technology to impersonate the victim's child or grandchild, and spoofing to make the phone number appear as if it is coming from a legitimate source. The scammers then ask for immediate money for bail or other purposes. Authorities are warning older Americans to be cautious and to verify the identity of the person calling before sending any money. It is estimated that scammers pocket millions of dollars from these types of scams every year.

Orson Welles' AI voice

Orson Welles' voice has been digitally re-created using AI technology and is now available as a tour guide in the location-based storytelling app Storyrabbit. The app uses the user's location to generate a personalized audio story that lasts 60-90 seconds, delivered by the host of their choice. Orson Welles' AI voice is available for free until June 1, after which it will cost $4.99/month. The company behind the app, Treefort Media, has partnered with the Orson Welles Estate to make the legendary director's voice available to users. The app aims to provide users with a unique and engaging way to experience the world around them.

Sources

AI Store Builder Shopify Artificial Intelligence E-commerce Generative AI Rad AI