💥 Google Goes All-In on Generative AI at Google Cloud Next, Leaving Core Cloud Tech in the Shadows ☁️🤖

Welcome to AI Box, your weekly source for the latest developments in AI technology and applications.

Today's AI News lineup: 🥊

•   💥 Google Goes All-In on Generative AI at Google Cloud Next, Leaving Core Cloud Tech in the Shadows ☁️🤖

•  👓 Meta’s Smart Glasses Outsell Traditional Ray-Bans in Some Stores, Even Without AI Features

•  🚀 Mayfield Launches $100M AI Garage Incubator, Focusing on 'AI Teammates

  💥 Google Goes All-In on Generative AI at Google Cloud Next, Leaving Core Cloud Tech in the Shadows ☁️🤖

 
At Google Cloud Next 2024 in Las Vegas, the spotlight was on generative AI, with announcements centered around the Gemini LLM and related enhancements. Google focused on task-based AI tools for developers and employees, but implementation challenges—like data quality and integration—were clear obstacles for many companies. Despite promising AI use cases, experts emphasized that successful adoption depends heavily on clean data pipelines and comprehensive digital transformation, which could be difficult for organizations still early in their cloud journey.

 👓 Meta’s Smart Glasses Outsell Traditional Ray-Bans in Some Stores, Even Without AI Features

The Ray-Ban Meta smart glasses have become the best-selling product in 60% of Ray-Ban stores across Europe, the Middle East, and Africa, driving significant sales for EssilorLuxottica. Despite delays in launching AI features due to EU regulatory hurdles, the glasses are still popular, likely due to their speakers and cameras. Meta’s early success has exceeded expectations, prompting an extension of its partnership with EssilorLuxottica into the next decade.

 🚀 Mayfield Launches $100M AI Garage Incubator, Focusing on 'AI Teammates

Mayfield Fund has launched AI Garage, a $100 million incubator aimed at early-stage founders developing "AI teammate" startups. Modeled after its Entrepreneur-in-Residence (EIR) program, AI Garage will help founders refine their business plans before offering funding between $1 million to $5 million. Unlike basic AI assistants, "AI teammates" are designed to collaborate on complex tasks, enhancing human capabilities across sectors like sales, IT, and customer service.

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