Australian wildlife AI project receives $750,000 boost for wildlife identification; Abridge raises $150 mn in series C for AI clinical documentation tools; Tyler Perry halts $800 mn studio expansion amid AI job loss concerns; AI generated car free city images boost support for sustainable policies in the US- this and more in our daily roundup. Let us take a look.
The Australian Wildlife Conservancy's AI wildlife identification project just received a big boost with a $750,000 grant from the government. The funding will triple the model's capabilities, allowing recognition of up to 120 native species. Damien Kerr, AWC's CITO, states the funds will facilitate data gathering, model training, and cloud-based AI processing. The project addresses the challenge of efficiently identifying species in camera-trap images, crucial for biodiversity surveys, Mongabay reported.
Healthtech startup Abridge secures $150 million in a Series C round led by Lightspeed Venture Partners and Redpoint Ventures. Valued at approximately $850 million, the Pittsburgh-based company, founded in 2018, specializes in AI-powered clinical documentation tools. Abridge collaborates with thousands of clinicians, including partnerships with the University of Kansas Health System and Yale New Haven Health System, automating clinical notes and medical conversations. The funds will be used for hiring and developing industry-specific medical AI models, according to a report by Reuters.
Tyler Perry halts an $800 million Atlanta studio expansion due to concerns over OpenAI's video generator, Sora. The film mogul was shocked by Sora's capabilities, sees potential job losses in the industry. Perry, known for the Madea film series, cites Sora's ability to create realistic footage from text prompts, eliminating the need for travel or physical sets as a big worry. The studio expansion is indefinitely on hold in response to the AI tool's impact, according to the Guardian report.
AI-generated visuals depicting
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