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  • ๐Ÿ—ž OpenAI's $289M Fund, Enhanced Gemini Live, and Delayed Conversational Siri

๐Ÿ—ž OpenAI's $289M Fund, Enhanced Gemini Live, and Delayed Conversational Siri

AI Today: Market Movers and Tech Breakthroughs

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๐Ÿ”Ž The Latest on the AI Frontier:

  • OpenAI Fund Raises $289M: Building Portfolio Across AI, Robotics, and Healthcare

  • Google Gemini Live Adds Camera Features: Real-time Visual Interactions Coming to Advanced Users

  • Apple's Conversational Siri Delayed: True Modernization May Wait Until 2027

  • DeepSeek R1 Becomes Fortune-Telling Sensation: Chinese Youth Embrace AI Predictions

  • New Transformer Model Promises Faster Networks: AI Solution Could Boost 5G and 6G Speeds

  • Brin Claims 60-Hour Work Week Ideal: Google Co-founder Emphasizes Productivity in AI Race

  • Other news you might find interesting

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๐Ÿ’ฐ OpenAI Startup Fund has raised $175 million for its main fund and secured an additional $114 million through five special purpose vehicles since 2021.

  • The fund, which is not financed by OpenAI's corporate money but rather outside investors including Microsoft, has invested in over a dozen startups across AI, robotics, healthcare, and education.

  • Notable investments include Figure AI (valued at $2.6 billion), Harvey AI (valued at $3 billion), and Speak (valued at $1 billion), with several companies raising subsequent rounds after initial OpenAI fund investment.

  • The portfolio shows strategic focus on humanoid robotics (1X, Figure AI), AI-powered healthcare solutions (Ambience Healthcare, Chai Discovery), and productivity tools (Descript, Mem), though not all investments succeeded, as Ghost Autonomy shut down a year after receiving $5 million.

๐Ÿ“ฑ Google's Gemini Live is adding live video and screen sharing capabilities, allowing users to show their surroundings in real-time conversations.

  • The features enable Gemini to "see" through your camera or screen, creating more contextual AI interactions like getting real-time recommendations based on visuals.

  • Rolling out to Gemini Advanced subscribers on Android devices in March, following recent updates to Gemini 2.0 Pro and Flash Thinking Experimental.

  • Announced at Mobile World Congress in Barcelona, positioning Google's conversational AI as a direct competitor to ChatGPT Voice Mode with enhanced visual capabilities.

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