Crypto.com is set to host a groundbreaking golf tournament in Las Vegas on 17 December, offering a prize purse paid entirely in cryptocurrency. The Crypto.com Showdown will see PGA Tour stars Rory McIlroy and Scottie Scheffler face off against LIV Golf rivals Bryson DeChambeau and Brooks Koepka.
The prize, denominated in CRO, marks the first time a major sports event has awarded winnings exclusively in cryptocurrency. Crypto.com CEO Kris Marzalek highlighted the tournament as a step towards reshaping the sports and entertainment industries through digital assets.
Organised by BZ Entertainment and EverWonder Studio, the event aims to unify professional golf while showcasing the potential of cryptocurrency. With over 100 million users and partnerships spanning Formula 1, UFC, and FIFA, Crypto.com continues solidifying its influence in global sports.
AI is transforming daily life for visually impaired individuals like Louise Plunkett, who has Stargardt disease, a condition causing progressive vision loss. Apps like “Be My AI” use ChatGPT to generate detailed descriptions of images, helping users identify everyday items, read packaging, and navigate spaces. While Plunkett praises its convenience, she notes that its descriptions can sometimes be overly detailed.
Developed by the Danish firm Be My Eyes, the app initially relied on human volunteers to describe visual elements over video calls. Now, its AI-driven features are expanding, with users increasingly turning to it for tasks such as analysing WhatsApp images. The company envisions future applications like live-streamed AI assistance to describe surroundings in real time.
Other innovations include the AI-powered WeWalk cane, which offers navigation, obstacle detection, and public transit updates through voice commands. Advocates like Robin Spinks of the Royal National Institute of Blind People emphasise AI’s potential to revolutionise accessibility, offering tools that make life easier for those with vision impairments. Despite some skepticism, many find the technology invaluable.
Biotech startup Cradle has raised $73 million to expand its labs and team, aiming to make AI-powered protein design more accessible. Founded in 2022, the company uses language models to analyse proteins, often described as “an alien programming language,” to suggest modifications that improve functionality, such as heat resistance or manufacturability.
Cradle’s software has gained traction among biotech and pharmaceutical companies by reducing the time and cost of experimental rounds, which can be both expensive and unpredictable. Its simple SaaS model eliminates concerns about royalties or intellectual property, offering a streamlined approach compared to competitors that co-develop drugs or processes.
Despite being a software provider, Cradle maintains a laboratory in Amsterdam to validate protein designs and build datasets to refine its models. The latest funding, led by IVP with participation from Index Ventures and Kindred Capital, will support lab expansion and further hiring. CEO Stef van Grieken aims to scale Cradle’s tools to reach a million scientists worldwide.
The French government has initiated negotiations to acquire the advanced computing unit of IT firm Atos for €500M. This move seeks to safeguard critical technologies supporting the military and intelligence sectors. The agreement, which includes an initial payment of €150M, could rise to €625Mwith additional performance-based payouts. Atos’ advanced computing and cybersecurity operations generate €900M annually and employ 4,000 people.
Once a European tech leader, Atos has faced financial difficulties, with its survival hinging on an accelerated restructuring plan. The French state, emphasising national sovereignty, aims to maintain control over strategic assets. Finance Minister Antoine Armand stated that protecting key industrial activities is essential for ensuring the country’s security and independence.
The proposed deal reflects growing government interest in Atos’ assets, with nationalisation also being considered. Despite years of financial struggles, Atos shares surged 160% following the announcement, reflecting renewed investor optimism about its recovery and restructuring efforts.
IMAX is adopting AI technology to bring its original content to more global audiences. The company has partnered with Dubai-based Camb.ai to use advanced speech and translation models for content localisation. With non-English content growing in popularity, including in English-speaking markets, the initiative aims to increase accessibility and reduce costs.
Camb.ai’s AI platform, DubStudio, supports over 140 languages, including lesser-known ones. Its specialised models, Boli and Mars, ensure accurate text-to-speech translations while preserving nuances like background audio and tone. The startup’s technology has been previously deployed for live events like the Australian Open and Eurovision Sport, showcasing its ability to handle high-pressure scenarios.
IMAX plans a phased rollout of the AI localisation, starting with widely spoken languages. Early tests of Camb.ai’s technology on IMAX’s original documentaries proved promising. The company expects the collaboration to reduce translation expenses while boosting the global appeal of its immersive experiences.
Camb.ai, founded by former Apple engineer Akshat Prakash and his father, recently raised $4 million and is securing additional funding to expand its team and operations. The startup avoids controversial data scraping methods, relying instead on ethically licensed datasets and input from early partners, positioning itself as a reliable choice for AI-driven content solutions.
Samsung R&D Institute, Noida (SRI-Noida), and the Indian Institute of Technology Bombay (IIT Bombay) have entered into a five-year Memorandum of Understanding (MoU) to drive innovation in critical areas such as AI, digital health, and other emerging technologies. That collaboration highlights Samsung’s commitment to strengthening industry-academia ties for technological advancements.
The MoU establishes a framework for joint research projects, where IIT Bombay students and faculty will collaborate with Samsung engineers. This initiative enhances students’ industry readiness and facilitates the publication of joint research papers, promoting knowledge sharing that will accelerate technological progress and industry-aligned innovation.
In addition to research collaboration, the partnership offers specialised training and certification programs for Samsung engineers in cutting-edge fields like AI and digital health. This expertise exchange ensures that academia and industry professionals benefit from the partnership.
Through this partnership, Samsung and IIT Bombay aim to foster innovation and push the boundaries of next-generation technologies. By combining industry expertise and academic knowledge, the collaboration seeks to inspire future breakthroughs and set the foundation for sustained technological progress.
A groundbreaking AI model was introduced by Nvidia, showcasing advanced capabilities in audio and music generation. Known as Fugatto, the model can create novel sounds, modify voices, and even transform existing audio. Unlike other AI tools, it can take a piano melody and convert it into a human voice or adjust accents and emotional tones in spoken recordings.
Fugatto builds on generative AI’s potential to reshape creative industries like music, film, and gaming. Nvidia’s vice president of applied deep learning, Bryan Catanzaro, highlighted how computers have already revolutionised music through synthesizers, suggesting AI will usher in even greater innovation. While promising, the technology is not yet slated for public release due to concerns over ethical misuse and potential copyright issues.
The model was developed using open-source data and joins a growing trend of tools from companies like Meta and Runway, which also generate audio and video from text prompts. Nvidia’s innovation stands out for its focus on transforming existing recordings into entirely new formats, a feature that could significantly enhance creative possibilities.
Generative AI remains under scrutiny as industry leaders grapple with ethical concerns. The entertainment industry, already wary after disputes involving voice imitation, is debating how to integrate such technologies responsibly. Nvidia and others have acknowledged the risks of misuse, prompting a cautious approach to public rollouts.
Brave Search has unveiled an AI-powered chat feature that lets users ask follow-up questions to refine their initial search queries. This addition builds on Brave’s earlier ‘Answer with AI’ tool, which generates quick summaries for search queries. Now, users can engage further with a chat bar that appears beneath the summary, enabling deeper exploration without starting a new search.
For instance, a search for ‘Christopher Nolan films’ will provide an AI-generated list of his notable works. Users can then ask a follow-up question, such as “Which actors appear most in his films?” The AI will respond with relevant information while citing its sources. Powered by a mix of open and proprietary large language models, the feature seamlessly integrates search and chat for a more versatile user experience.
Unlike Google, which offers AI summaries but lacks a follow-up chat option, Brave is bridging the gap between search engines and chatbots. Brave also emphasizes privacy, ensuring that queries are not stored or used to profile users. With over 36M daily searches and 11M AI responses generated daily, Brave is advancing its commitment to private, user-friendly innovation.
Numenta, supported by the Gates Foundation, has introduced an open-source AI model designed to cut down on energy and data use compared to existing AI systems. This innovation reflects the company’s unique take on how the brain functions, inspired by co-founder Jeff Hawkins’ expertise in neuroscience. Hawkins, known for creating the Palm Pilot, has channeled his understanding of human cognition into this new AI approach.
Unlike conventional AI systems that require vast data and electricity for training, Numenta’s model mimics the brain’s ability to process information in real time. It can adapt dynamically, like a child learning through exploration. The technology is designed to improve robotics, writing tools, and more, emphasising flexibility and efficiency.
To encourage broader adoption, Numenta has made its technology freely available, following a similar open-source trend seen with tech giants like Meta. However, CEO Subutai Ahmad emphasised the importance of closely monitoring its use, given concerns over potential misuse as the technology evolves.
New Lantern, a startup founded by engineer Shiva Suri, has raised $19M in Series A funding led by Benchmark. Inspired by observing his mother’s work as a radiologist, Suri created the platform to address inefficiencies in the field. New Lantern combines two core radiology tools, PACS, which stores medical images and reporting software, into a streamlined system powered by AI.
Unlike other AI solutions that focus on replacing radiologists, New Lantern enhances productivity by automating repetitive tasks like measurements and report generation. This approach allows radiologists to focus on analysing scans, which Benchmark’s Eric Vishria praised for doubling efficiency. The startup’s software is already being used by some radiology practices, although specifics remain undisclosed.
Suri envisions New Lantern as the next major evolution in radiology, akin to the industry’s shift from physical film to digital PACS. With plans to fully modernise the field, including cloud-based data storage, the company aims to disrupt entrenched players like GE Healthcare and Microsoft’s Nuance. For Suri, the personal stakes are high as his mom is an avid supporter of the platform she inspired.
