NVIDIA has announced a new breakthrough in text-to-image generation: Perfusion. Perfusion is a novel method that can create realistic and personalized images based on natural language descriptions, using only a tiny model size of 100 KB and a training time of about 4 minutes.

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Elon Musk has revealed his latest venture: xAI, a platform that aims to democratize AI by allowing anyone to create, train, and deploy AI models on a decentralized network of nodes powered by blockchain technology. xAI, which stands for eXtensible AI, will use its own native token, called XAI, to reward node operators, model developers, and model users. 

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Jaguar Land Rover, the British luxury car maker, has announced a partnership with Everstream Analytics, a leading provider of supply chain risk analytics and intelligence. The partnership will enable Jaguar Land Rover to use Everstream Analytics’ AI tool to monitor and mitigate supply chain disruptions and improve operational efficiency.

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FoxGPT, a cryptocurrency project that fuses blockchain technology with artificial intelligence, has joined hands with REI Network, an EVM-compatible public blockchain

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CloudMinds, a company that develops robots powered by artificial intelligence, has secured more than 1 billion yuan in funding.

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Mediobanca, the leading Italian investment bank, has joined forces with Founders Factory, a global company builder and early-stage investor based in London, to support fintech startups with a new venture studio and accelerator. The partnership, backed by a €12 million investment from Mediobanca, will build and invest in 35 fintech businesses over the next five years, leveraging advanced technologies such as AI and blockchain to innovate the financial services market. 

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IKEA, the world’s largest furniture retailer, has introduced a new sofa that was created with the help of artificial intelligence. The sofa, called FÖRNYAD, is the result of a collaboration between IKEA and an AI design platform called Space10. The sofa adapts to the user’s preferences and needs, and can change its shape, color and texture.

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The CBDC aims to enhance the country’s potential for foreign trade with nations that lack U.S. dollar reserves.

The Reserve Bank of India is currently in discussions with its counterparts from at least 18 other countries on the possibility of cross-border payments using its central bank digital currency (CBDC), the “digital rupee.”

The report about RBI’s ambitious foreign trade plans for India’s CBDC appeared in the Economic Times on June 27. It cites several public announcements by the RBI Governor, Shaktikanta Das.

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Oracle has introduced new capabilities in its Fusion Cloud Human Capital Management (HCM) solution that use generative AI to help organizations create personalized and engaging experiences for their employees.

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The Toyota Research Institute (TRI) has unveiled a new way to use generative artificial intelligence to help vehicle designers come with innovative designs more quickly.

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AGII, a Web3 and AI startup, has secured $15 million in funding and launched the beta version of its AI-driven content generation platform. 

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LinkedIn, the world’s largest professional network, is working on a new AI tool that will help job seekers improve their chances of landing their dream job. The tool, called “LinkedIn Coach”, is designed to provide personalized guidance and feedback on various aspects of the job search process, such as resume writing, interview preparation, and salary negotiation.

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OperaOne is a new browser that Opera has unveiled as the early access version of its completely redesigned flagship browser. It is expected to replace the current Opera browser for Windows, MacOS, and Linux later this year.

Some of the features of OperaOne include Tab Islands, which allow you to group tabs in separate contexts, Aria, which is Opera’s native AI that provides live access to the web and generative AI features, and smooth animations that run without interruption.

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Alibaba, the leading e-commerce and cloud computing company in China, has introduced its new product, Tongyi Wanxiang.  Tongyi Wanxiang is a unified data intelligence platform that leverages Alibaba’s massive data resources and advanced algorithms to provide businesses with customized solutions and insights.

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ElevenLabs, a London-based AI startup that creates synthetic voices using text-to-speech and voice cloning technology, has announced that it has secured $19 million in a Series A funding round. 

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ChatGPT, a popular chatbot platform powered by OpenAI’s GPT-3 language model, has announced a partnership with Hedera Hashgraph, a public distributed ledger that offers fast, secure, and low-cost transactions. ChatGPT users will now be able to send and receive HBAR, the native cryptocurrency of Hedera Hashgraph, within their conversations.

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Nippon Telegraph and Telephone (NTT), the Japanese telecommunications giant, has announced its plans to create generative artificial intelligence (AI) solutions that are tailored to the needs of different industries. The company aims to leverage its expertise in data analysis and machine learning to help businesses generate new ideas, designs, and content using AI. 

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Oracle, the leading provider of cloud computing and database solutions, has announced a strategic partnership with Cohere, an innovative AI platform that leverages large-scale neural networks to create natural language applications. 

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