📈 How are companies using AI?

➜ AI in Stock Recommendations: iFi AI is stepping into the spotlight with a promise to utilize AI for projecting stock returns. Traditionally, media outlets have mocked analysts by comparing them to a blindfolded monkey throwing darts. It will be interesting to see if AI can outshine both.
CNBC

➜ AI-Powered Search Engine Ads: The generative AI search engine Perplexity aims to rival Google by introducing ad sales. Despite new technology, it appears the classic ad-driven business model remains dominant. 

AdWeek

➜ Standard AI’s Strategic Pivot: San Francisco’s Standard AI is transitioning from autonomous checkout solutions to offering computer vision analytics for retailers, marking a significant shift in focus.

VentureBeat

➜ Generative AI in Insurance: Clearcover is revolutionizing claims processing with a generative AI insurance tool, facilitating rapid information gathering after the “First Notice of Loss.” 

Financialit

➜ The Data Challenge in AI Security: Cyera is leveraging AI to provide clear insights into data usage within networks, anticipating that AI will be the next frontier in data protection. The startup is eyeing a $300M funding round at a $1.5B valuation.
TechCrunch

💡 What are the nerds up to?

➜ Empathic AI Voice: Experience the first AI voice capable of reading facial expressions and voice tone for personalized responses. Testing it feels uncannily natural.

Hume

➜ AI That Understands Screens: Apple researchers are developing an AI, ReALM, that comprehends screen context, a step towards intelligent screen interaction.
VentureBeat

➜ From Screenshots to HTML: Imagine converting a UI screenshot or sketch directly into HTML code. This is now possible with a VLM, merging design with coding seamlessly.

Hugginface

➜ AI-Driven M&A Advice: Dealwise, created by former Robinhood engineers, offers AI-powered M&A advisory, targeting founders with less than $10m in annual revenue and promoting a more efficient problem-solving approach.“The finance mindset is to throw bodies (usually analysts) at a problem, whereas the engineering mindset is to invent better ways of solving a problem,” they say.

Dealwise

➜ Rabbit R1 AI Gadget: The highly anticipated Rabbit R1, akin to Pokédex, has begun production, with 100,000 pre-orders already placed for this AI-powered device.
Inverse

-> AI Focus at Apple’s WWDC: With the Worldwide Developers Conference scheduled for June 10, rumors suggest a significant emphasis on AI in iOS 18 and macOS 15, including enhanced AI features in built-in apps and potential collaborations with Google on integrating an LLM into iOS 18.

MacRumors

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