AI

iMerit believes better-quality data, not more data, is the future of AI

AI /

AI data platform iMerit believes the next step toward integrating AI tools at the enterprise level is not more data, but better data. And better data doesn’t come from hordes of gig workers, but from experts across mathematics, medicine, healthcare, finance, autonomy, and other cognitive fields, the company says. “What’s become exceedingly important is the […]

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Hugging Face opens up orders for its Reachy Mini desktop robots

AI /

Hugging Face is ready for developers to start tinkering and testing its latest robotics release. The AI development platform announced Wednesday that it’s now accepting orders for its Reachy Mini desktop robots. The company initially unveiled the prototypes of these devices back in May, alongside a larger humanoid robot named HopeJR. Hugging Face said it

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GenAI as a shopping assistant set to explode during Prime Day sales

Commerce /

A new report estimates that AI will be a larger-than-ever part of the online shopping process during Amazon’s Prime Day sale, which began Tuesday morning. Amazon’s annual sale, which this year spans four days (July 8-11), is predicted to drive $23.8 billion in online spending across U.S. e-commerce retailers, as other businesses run their own

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How Brex is keeping up with AI by embracing the ‘messiness’

Enterprise /

Companies have struggled to adopt the right AI tools as the technology evolves at a far faster pace than their slow sales cycles. Corporate credit card company Brex is no different. The startup found itself facing the same issue as its enterprise counterparts. The upshot: Brex completely changed its approach to software procurement to ensure

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How Circle co-founder Sean Neville plans to build the first AI-native financial institution

AI /

This week on StrictlyVC Download, Circle co-founder Sean Neville joins Alex Gove of StrictlyVC to discuss building banking infrastructure for AI agents. Fresh off Circle’s 450% IPO surge, Neville has raised $18 million from a16z to create Catena Labs, the first fully regulated AI-native financial institution. They explore what “agent-native finance” actually means, how AI

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Meta adds business voice calling to WhatsApp, explores AI-powered product recommendations

Social /

WhatsApp is adding more AI features to its business suite. The company on Tuesday announced it’s introducing the ability for large businesses to reach customers through voice calls, which will allow the app to explore the use of AI-powered voice agents. The company is also looking into using AI to recommend products to users. WhatsApp

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Meta restructures its AI unit under ‘Superintelligence Labs’

AI /

Meta CEO Mark Zuckerberg is restructuring the company’s AI efforts to center around building  AI “superintelligence.”  Going forward, all teams working on AI at Meta will fall under a new group called Meta Superintelligence Labs, according to Bloomberg, which viewed an internal memo sent Monday.  Alexandr Wang, the former CEO of data labeling startup Scale

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Why AI will eat McKinsey’s lunch — but not today

AI /

Navin Chaddha, managing director of the 55-year-old Silicon Valley venture firm Mayfield, is betting big on AI’s ability to transform people-heavy industries like consulting, law, and accounting. The veteran investor, whose wins include Lyft, Poshmark, and HashiCorp, recently discussed at TechCrunch’s StrictlyVC evening in Menlo Park why he believes “AI teammates” can create software-like margins

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