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Virtual Avatars fueled by Generative AI increasing B2B sales and marketing scalability
Vidyard, a popular video messaging company, has recently announced its entry into the virtual digital avatar market and secured new funding of $15M from Export Development Canada (EDC), BMO Capital Partners, and existing investors Battery Ventures, Bessemer Venture Partners, and iNovia Capital. This brings the company’s total funding to $90.7M. According to Gartner Research, AI avatars using generative AI technology will support 70% of digital and marketing communications by 2025, up from less than 5% in 2022. The AI avatar market is valued at USD 14.34B in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 47.1% from 2023 to 2030. The growth is driven…
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This AI algorithm counts flowers on trees to predict crop yields months in advance
Scientists have trained an AI algorithm to count the number of flowers on fruit trees using only smartphone images. The system could predict the size of a harvest months in advance — saving farmers time, money, and water. Researchers from Chile, Spain, and the UK’s National Robotarium developed the algorithm. The Robotarium is a centre for robotics and AI based in Edinburgh, Scotland. The team looks to address a global problem. “In countries all across the world, farmers often rely on manual methods to estimate their yields, which can have a significant error margin,” said lead researcher Fernando Auat Cheein, an associate professor at the National Robotarium. Agriculture uses around…
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Eye-tracking VR system helps children stay still during MRI scans
A new VR system that uses eye-tracking technology can calm children while they undergo Magnetic Resonance Imaging (MRI) scanning. Developed by researchers at King’s College London, the method aims to mitigate children’s tendency to move during MRI scans. by engaging them in immersive virtual reality experiences. Compared to adults, children are less likely to remain still inside the scanner, often negatively influenced by the large size of the machine and the loud noises. As movement can disrupt the quality of the images, doctors frequently have to resort to approaches such as sedation or general anaesthesia. To address this, the researchers have developed an eye-tracking technology which enables gaze-based human-computer interaction (HCI).…
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How to get the most out of TNW Conference 2024
If you’ve already secured your ticket for TNW Conference 2024 taking place June 20 – 21 in Amsterdam, you probably already have your eye on several fascinating talks set to take place (if not, get some inspiration from our team here, here, and here). But there’s a lot more you can and should take advantage of while you’re there. Here are a few things not to be missed: Secure a spot on one of our new TNW Tech Tours & Industry Meet-ups This year, we’re introducing a new TNW Tech Tours & Industry Meet-ups component. Whether you’re interested in Emerging Tech, AI & ML, MarTech, SaaS, FinTech, or Climate Tech,…
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EU delays vote on controversial CSAM legislation
A Belgian diplomat told Politico that the EU Council vote was cancelled ‘in the last hours’ because it appeared that the required qualified majority would not be met. Read more: EU delays vote on controversial CSAM legislation
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How to manage the multigenerational workforce
With five different generations in the current workforce, Hays’ Simon Winfield examines the challenges facing leaders and advises them on how best to embrace it. Read more: How to manage the multigenerational workforce
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Fact-checking startup targets AI hallucinations after raising €1M
A fact-checking startup has accelerated plans to banish AI hallucinations after securing €1mn in funding. Norway-based Factiverse uses machine learning to verify content generated by artificial intelligence. The company’s tools automatically detect inaccurate outputs. These errors now frequently cause controversy. A New York lawyer, for instance, had to apologise for using bogus court citations sourced from ChatGPT. CNET needed to correct 41 of the 77 stories that the news outlet had written with an AI tool. Microsoft’s Bing AI has produced numerous errors in analyses of earning reports. The company’s chatbot has also claimed it spied on employees. Factiverse offers a solution to…This story continues at The Next Web
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IT World Canada assets are for sale
The assets of iconic publisher IT World Canada are up for sale. Today the Trustee, Crowe Soberman released the notice of sale. The following is a summary of that information taken from the PDF document available from the Trustee. For the official version of this information, please contact the Trustee using the contact information at the bottom of this article. Invitation for Offers to Purchase the Business and Assets of IT WORLD CANADA INC. DEADLINE FOR SUBMITTING A BINDING LETTER OF INTENT: June 12, 2024 An opportunity exists to purchase the assets of IT World Canada Inc. (“IT World” or the “Company”). For over three decades IT World was a…
