This Week In XR: Epic Triumphs Over Google, Mistral AI Raises $415 Million, $56.5 Million For Essential AI

Objections were immediately lodged by the neglected AI-senses of the words “prompt,” “model,” and “animate. ” WEST HOLLYWOOD, CALIFORNIA – JUNE 12: Tim Sweeny’s Epic Games has been awarded $92M. (Photo by A jury in the Epic Games v.

Google antitrust trial has found that Google violated antitrust laws by using its dominant position in the mobile app market to stifle competition and awarded Epic Games $92 million in damages. This is essentially a do-over of the case Epic lost to Apple last year when Apple was allowed to keep its commission structure in place. The difference: this was a jury trial.

Google says it will appeal. If the verdict stands, big changes are ahead for the app store business models. Arthur Mensch, co-founder and CEO of Mistral AI attends the UK Artificial Intelligence (AI) Safety The French AI startup secured the Series C funding at a $2 B valuation.

The round was led by SoftBank Vision Fund 2, with participation from existing investors Bpifrance, Eurazeo, and Partech. Mistral’s technology is designed to be easy to use, even for people who are not familiar with coding or AI. Critics contend there are no guardrails.

Mistral, however, maintains that its platform is safe and that users are responsible for the content of their chatbots. An icon representing Artificial Intelligence is being displayed on a smartphone, with AI and EU , potentially setting a global standard. The AI Act aims to balance the rapid advancement of AI technology with necessary oversight and risk management.

LLMs must reveal their training data, comply with copyright laws, and provide technical documentation if demanded by regulators. The AI Act also addresses contentious issues like facial recognition, granting exceptions for law enforcement in specific scenarios. Additionally, the legislation differentiates between proprietary and open-source AI models, exempting open-source models from certain restrictions.

BERLIN, GERMANY – AUGUST 15: (L-R) Friede Springer, Deputy Chairwoman of the Supervisory Board at The deal signifies a dramatic development in the relationship between AI entities and journalism companies. Under this deal, ChatGPT will have access to materials from Axel Springer’s publications, such as Germany’s Bild and Welt, and U. S.

sources like Politico and Business Insider. This access will support the development of timely news summaries and further refine its advanced language models. Many leading journalism firms are actively exploring partnerships or compensation models with AI companies, including OpenAI, for the utilization of their content in training sophisticated AI models.

Essential AI co-founders Ashish Vaswani and Niki Parmar. to build “the Enterprise Brain. ” The Series A funding round was led by March Capital including participation from AMD, Franklin Venture Partners, Google, KB Investment, NVIDIA, and Thrive Capital.

Essential AI previously raised $8. 3 for a total of nearly $65 million in funding raised to date. Essential AI is developing full-stack AI products that quickly learn to increase productivity by automating time-consuming and monotonous workflows.

Tesla just posted his remarkable demo of the robot handling eggs – and not breaking them. It has sensors in its fingers. The German company announced this week it has raised a Series A extension in order to increase production for its exoskeleton for front line workers.

The self-learning smart suits amplify lifting movements, give walking assistance, and prevent poor posture. The company emphasized its smart suits are “AI-based,” and will optimize its work as it acquires more data. An illustration of a mouse wearing virtual reality goggles on a small treadmill.

Northwestern University researchers have created miniature virtual reality goggles for mice to study fear, anxiety, and PTSD, potentially aiding human health research. These tiny goggles immerse mice in realistic virtual environments, overcoming previous challenges in simulating such experiences for rodents. The mice, believing they’re in a real scenario, display fear and stress responses, providing insights into brain processes related to these emotions.

This technology, mirroring advancements in human VR, is expected to lead to significant neuroscience discoveries, particularly in understanding and treating conditions like PTSD. Lume Pad 2 promotional image. Maybe the coolest looking smartglasses.

They just look normal, with maybe slightly fatter wings. Our friend, Moor Insights analyst Anshel Sag, took great care with this lengthy review of Meta’s new iteration of Ray-Ban Stories: “The latest collaboration between Meta and Luxottica marks a significant improvement over their predecessor, Ray-Ban Stories. These glasses, powered by Qualcomm’s AR1 Gen 1 platform, offer enhanced features like superior camera capabilities (12MP photos, 1920 x 1440 video), increased storage (32GB), and advanced wireless connectivity.

Notable upgrades include IPX4 water resistance, a sleek design, and a battery life of 36 hours with the charging case. The inclusion of Meta AI facilitates voice commands and messaging, enhancing day-to-day usability. Despite some areas needing improvement, such as video frame rate and continuous use battery life, the Ray-Ban Meta smart glasses represent a major step forward in wearable technology, combining style, functionality, and a strong value at $299, signaling Meta’s leadership in the evolving smart glasses market.

” Launched in 2018, Bose did its best to make the dorky glasses look sexy, and failed. Yes, they were hella dorky, but damn these are some good audio smart glasses. When you’re on a dog walk or riding your bike, who cares how they look.

Bose punted on its experiments with spatial audio almost immediately after it started in 2019, but the Frames persisted until now. “It was created using some of the latest AI animation tools (MidJourey, Photoshop AI Tools, Runway ML) and a bit of editing and color adjustments in Adobe Premiere,” said Draper. Music is “Our Own Christmas Song” by The Whiskey Wasps.

hosted by the author of this column, Ted Schilowitz, Futurist, Paramount Global, and Rony Abovitz, founder of Magic Leap. This week our guest is ForeVR founder and CEO Marcus Segal. We can be found on , , and .

(Paul Tassi/Forbes) (Sue Halpern/The New Yorker) (Tony Vitillo/Skarred Ghost Blog).