**๐ Today’s Tech & AI News Digest ๐**
๐ค AI Model Advancements
Introduction of ModernBERT as a state-of-the-art replacement for BERT, improving sequence length, performance, and processing speed.
https://huggingface.co/blog/modernbert
๐ก๏ธ AI and Privacy Regulations
The European Data Protection Board provides guidelines for AI developers to comply with privacy laws and data protection.
๐ AI in Industry Transformations
Grammarly acquires Coda to extend its AI capabilities into productivity platforms, aiming to enhance AI-powered tools and services.
๐ AI Startups and Investments
Ex-Twitch CEO Emmett Shear launches a new AI startup, Stem AI, backed by major investors including a16z.
๐ AI Innovations in Customer Interaction
Glia introduces Quality AnalystGPT, an AI tool to enhance customer interaction analysis and uncover trends at scale.
๐ฆ AI in Logistics
Starboard secures $5.5M to develop AI-powered logistics solutions, aiming to simplify global trade through advanced technology.
๐ฑ AI in Mobile Technology
AI features are being integrated into phones by major brands, though their full potential has yet to be realized.
https://www.theverge.com/22163811/best-phone
๐ AI in Autonomous Vehicles
TuSimple pivots from self-driving trucks to AI animation and gaming, rebranding as CreateAI amidst strategic shifts.
๐ก AI-driven Design Solutions
Backed by major investors, Backflip raises $30M to develop AI-generated designs from text, revolutionizing the design process.
๐ Cloud Computing and AI Growth
Australia’s cloud computing sector, driven by AI, is projected to significantly boost its GDP contribution by 2029.
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