CES 2024 Launch – Industrial MetaverseSiemens, Microsoft Nvidia and more partner on the next Industrial revolution, Apple VisionPro unveiled, OpenAI Copyright case, US Moon landing and more…
∆ Tech in the NewsTry Vision Pro Instore – Apple will offer live demos and sales of the new $3.5k mixed-reality goggles at its retail stores from Feb. 2, with pre-orders open Jan. 19. ‘Without Merit’ – OpenAI responds to NYT copyright lawsuit with claim of ‘fair use’ and says its ‘impossible’ for it to make AI tools without copyrighted material. ‘Ah Houston…’ – The first US Moon mission in 50 Years launched OK but hit trouble as the lander suffered a propulsion issue, making a moon landing unlikely. Upending Gig Economy – Biden is set to unveil a new DOL rule that will make it harder for companies to treat workers as contractors, and not as employees. Boeing Down – An Alaska Airlines Boeing 737 Max 9 was forced to land after a piece of fuselage blew out after takeoff. Boeing already faces scrutiny for manufacturing defects as it ramps up production. We are swapping out native polls for Fantasy Buzz events driven polls so your answers count towards the global contest this month. PremiumSubscribers are eligible to win rewards.
˚The Hottest Thing in Tech this WeekMeet The Industrial MetaverseDay 1 of CES 2024 opened with the official launch of the much-anticipated ‘Industrial Metaverse’ as a result of a landmark collaboration between leading tech giants including Nvidia, Microsoft, AWS, Sony, and Siemens. This group believes the biggest potential of the Metaverse lies not in gaming, but in the industries that make up the backbones of our economies – manufacturing, infrastructure, transportation, and more. The ‘Industrial Metaverse’ is a virtual place where everything in the physical world has a ‘digital twin’ so it can be optimized virtually before it’s shipped to the real world and can then be managed remotely. This digital world can manage time, simulate airflow, monitor temperature, and more. This new paradigm combines the digital twin concept, software-defined automation, AI and Big Data. Over 2000 Terabytes of data are generated by an automated factory per month (around 500k movies worth). All this data will be tracked and displayed in the metaverse in real time using immersive AI displays. Siemens believes ‘The future is all about collaboration’ so this vision includes the following major partnerships:
Digital Twin technology is the latest in a series of advancements that have been accelerating over the past year and have only become accessible to wider audiences recently with the wide availability of NLP. Other companies are leveraging this technology for automotive development and design including BMW and INDY Autonomous Challenge (IAC) who are back for a 3rd year at CES. IAC is breaking boundaries with its fully autonomous racecar competitions contended by teams affiliated with 17 global universities and leverages D Space and NVIDIA to create their synthetic environment.
Career HiveThis section will feature job opportunities from across the tech sector. Contact us to submit a job or apply below: Chief of Staff (US – Remote) – Join a recently funded Series A+ AI startup AI Solutions Engineer (US – Remote) – Join a top 5 Generative AI firm (e.g., OpenAI, Anthropic, Runway, etc.) Find Your Next Job – We are building a candidate pool to match jobseekers and employers across the tech sector » apply here Special Edition – The Buzziest Tech at CES 2024Unsurprisingly, AI was the buzz at CES 2024 yesterday. Here are some of the top AI and automation announcements so far: 1. AI Chips
2. Smart Home Technology
3. Automotive AI
4. Transparent Smart TVs
Deals We’re WatchingFounders to Watch and Opportunities to Catch Open Deals:Raising for your startup? Send us your Open Round —> invest@thetech.buzz TruePrep.AI – Simplifies the entire tax process with AI to eradicate manual tasks and errors. Previous YC. Raising their first round of funding. Touchcast – Uses GenAI to create interactive commerce sites for retailers to train virtual salespeople, and is now raising Series B funding. Bean Trade – An AI prompt marketplace reshaping how prompt engineers monetize their skills and how users leverage AI. Looking for strategic angels. Elwood – Brings artists together through low-latency platform for online music collaboration and looking for a few investors to close out their round. Let us know if you want a warm intro…. Closed Deals:AI Biotech Deal – Google Spinoff Isomorphic partnered with pharma giants Eli Lilly and Novartis for ~$3B to use DeepMind’s tech to design new molecules. Parag is Back – Former Twitter CEO Parag Agrawal’s Stealth AI Startup building software for LLM developers has just raised $30M in a Khosla-led deal. Setting Standards – Recurrent raised a $16M Series A backed by Goodyear Ventures for its platform providing consumer info about used EV batteries. AI Clinical Notes – Nabla raised $24M at a valuation of $180M for its AI assistant for (mainly U.S.) doctors to write clinical notes automatically. Dining Out – Game development startup Second Dinner famed for its Marvel Snap title raised a $100M Series B round led by Griffin Gaming Partners. Companies to Watch:Metagenomi Technologies – The Bayer/Moderna-backed genetic medicines startup has filed for a U.S. IPO in 2024. Babel-ish – Contents.com is a market leader in AI for multilingual enterprise content with thousands of global customers, including several billion-dollar companies. It just raised an $18M Series B backed by major EU and U.S VC funds. The Funding BuzzOnly The Rich – Blackstone raised $1.3B for its first private equity fund for rich individuals (with at $5M+ to invest), one of the biggest debuts for such a fund. Venrock – The 2007-founded VC ups its fund size for the first time in a decade, raising $650M for its tenth fund – the largest it’s raised in over a decade.
We are in Vegas all week covering the event. We are looking to partner with companies, find more open deals, and bring value to you – our community of readers. If you have any thoughts on who we should connect with reach out at partnerships@thetech.buzz. We just launched our Tech Buzz Partners Program!If you are a creator, you can now gain access to exclusive opportunities to earn alongside us while delivering exclusive content to your own audience! Submit your application HERE. It’s a new year, new Buzz! Stay tuned for more of our latest releases and don’t forget to check out Fantasy Buzz if you have not done so already! And be sure to check out our year-end stories for 2023 to recap what you missed last year and our tech to watch in 2024! Stay buzzy and Happy New Year! The Tech Buzz Team Join 1000+ others on their way to become Tech Buzz Pioneers.
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CES 2024 Launch – Industrial Metaverse
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