Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates

Released August 10, 2023

This is our AI Daily Roundup. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI)Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives.

Dropit Introduces Smart Returns, An AI-Powered Returns Management Solution Helping Retailers Maximize the Value of Every Return

Dropit, a retail technology company that layers AI into existing fulfillment systems for a smarter retail ecosystem, introduced Smart Returns, an AI-powered solution to simplify returns management. Smart Returns seamlessly integrates with retailers’ existing systems and uses real-time data to determine the most efficient return location for each item, enabling retailers to maximize the value of every return.

Deepset Raises $30 Million From Balderton Capital to Help the World’s Biggest Companies Leverage LLM Promise

deepset.ai – the enterprise platform for building applications with LLMs – has raised $30 million in funding led by Balderton Capital. The round also included participation from existing investors GV (Google Ventures), and Harpoon Ventures.

Clarivate Launches Enhanced Search Powered by Generative Artificial Intelligence

Clarivate a global leader in connecting people and organizations to intelligence they can trust to transform their world launched its new enhanced search platform leveraging generative artificial intelligence (GenAI).

Shutterstock Collaborates to Bring NeRF Generative AI Technology to 3D Creators Globally

Shutterstock, a leading global creative platform offering high-quality content and full-service creative workflow solutions for transformative brands, digital media and marketing companies, today announced its intent to sign three distinct collaboration deals with Luma Labs AI, RECON Labs and Volinga AI, leading startup innovators in emerging neural radiance fields (NeRF) technology.

Kognitos Launches the Industry’s Most Advanced Generative AI Automation Platform

Kognitos, the trailblazer in generative AI for business automation, has unveiled its latest updates to its generative AI automation platform which now enables business users to plan, verify, run and maintain business process automations all in natural language.