Coming up this week:

- Starbucks: Meet The Robot Baristas
- Nvidia: Introducing Better AI Chips
- Perplexity: Launches Webpage Designer

And much more… Learn how these unfolding narratives are shaping The Business of AI.

FEATURED STORY 🔥

Robotic Revolution: Starbucks Service at NAVER 1784 Tower

In South Korea's NAVER 1784 tower, around 100 service robots, known as Rookies, are transforming the Starbucks experience.

These robots, standing at 110 cm tall, deliver packages, documents, coffee, and food to staff who order via smartphones. They use miniature elevators for quick deliveries and operate on an AI, Robot, Cloud (ARC) platform and a private 5G network for intelligent coordination.

Managed remotely by a data center with 3D maps of the building, the robots exchange location and action commands with servers using 5G signals. They move at one meter per second and have cameras and sensors to avoid collisions. The building also features Ambidex, a dual-armed robot for safe customer interactions, and Roboport, a robot elevator.

This setup showcases the potential of automated customer service and intelligent delivery systems.

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TRENDING STORIES 🔥 

Nvidia Announces Annual AI Chip Upgrades

Nvidia CEO Jensen Huang revealed plans for yearly AI accelerator updates, starting with the Blackwell Ultra chip in 2025 and Rubin platform in 2026. At the Computex trade show, he also introduced new AI tools and software, aiming to expand Nvidia's market beyond major cloud-computing firms.

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Perplexity Launches AI-Powered Webpage Creator

Perplexity introduces Pages, a new feature that crafts webpages from user prompts. Designed for educators and researchers, this tool automatically gathers information, writes, and formats content into a shareable webpage. However, it lacks depth in research and does not allow text editing, limiting its utility for detailed academic work.

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Shutterstock Boosts Revenue with AI Licensing Deals

Shutterstock has tapped into a new revenue stream by licensing its vast media library for AI training, partnering with companies like Reka AI. This move generated $104 million last year, marking a significant shift from its traditional business of licensing to advertisers and artists.

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AI Image Of The Week 📷️ 

MJ Prompt: Delicate Lensbaby extreme closeup Portraits Photography, mournful tired eyes dark circles anthropomorphic Sphinx cat Orthodox, a Russian mystic and advisor to the Romanovs in 4k

EYE OPENING NEWS 🧠 

Raspberry Pi Launches Affordable AI Chip

Raspberry Pi introduces a new AI chip in collaboration with Hailo, enhancing its Raspberry Pi 5 microcomputer. The AI Kit, priced at $70, integrates with camera software for native AI application support, including chatbots. Available soon, this chip marks a shift towards accessible AI technology in portable devices.

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OpenAI Revives Robotics Division

OpenAI is reassembling its robotics team, previously disbanded in 2020 due to data shortages. The company is hiring research engineers to collaborate with humanoid robot manufacturers, although it's uncertain if they'll produce robotics hardware. This move marks a refocused effort in OpenAI's foundational goals.

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Saudi Fund Invests in Chinese AI Firm

Saudi Arabia's sovereign wealth fund has joined a $600m investment in Xiao-i, a Shanghai-based AI company aiming to compete with OpenAI. Xiao-i develops technology for virtual assistants and chatbots, enhancing Saudi's access to advanced AI and strengthening its relationship with China.

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Teachers Wary of AI in K-12 Education

A Pew Research survey reveals that 25% of U.S. K-12 teachers believe AI tools cause more harm than good in education. While 32% see a balance of good and bad, only 6% view AI as predominantly beneficial. High school educators are particularly skeptical about the technology's impact.

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5 Tools to Boost Your Productivity

- Generate personalized visually stunning stories in just one minute. Dorosi
- Generate videos from simple text in one minute. Moonvalley
- Craft social media posts and art, in just seconds with AI. Questgen
- Generate high-quality, engaging content 10x faster. Vidiofy
- Chat, generate, and design without limits using Generative AI. Venturus AI

Want your tool featured here? Hit reply and tell us a little about it 😍 

FUNDRAISING 🤑 

Valar Labs Raises $22M for Cancer AI Tool

Valar Labs secured $22 million to enhance its AI tool, Vesta, which predicts treatment outcomes in bladder cancer. This funding will expand the tool's application to other cancers and therapies, aiming to improve treatment precision and reduce unnecessary procedures.

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Pika Secures $80M for AI Video Tools

Pika, an AI video-generation startup, has raised $80 million to expand its operations. Competing with giants like OpenAI and Google, Pika is part of a sector that saw $25.9 billion invested in early 2024.

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LiveKit Secures $22.5M for AI-Driven Tech

LiveKit has successfully raised $22.5 million to enhance its real-time voice and video infrastructure for AI applications. This funding will help expand its AI infrastructure and develop new products, solidifying its role in the AI technology space.

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GetWhy Secures $34.5M in Series A Funding

GetWhy, a Danish AI tech firm, raised $34.5 million from PeakSpan Capital for its consumer research technology. The company, valued at over $100 million, serves major clients like Nestlé and Nike, providing rapid market insights through video analysis.

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