The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis After Rough Launch, is Humane AI Pin Looking to Sell?
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May 23, 2024 Humane's rocky launch of the AI Pin raises eyebrows as the company considers a sale. With a valuation between $750 million and $1 billion, industry experts debate the future of AI wearables. Reviews highlight usability issues and high pricing concerns. Meanwhile, Suno’s success in fundraising and the evolution of AI-generated music draw attention. The landscape of AI tools continues to evolve, with discussions on data challenges and the role of Microsoft’s Team Copilot, all amidst a backdrop of skepticism over emerging technologies.
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Suno's Funding and Usage
- Suno, an AI music generator, raised $125 million at a $500 million valuation.
- Ten million people have already used it to create music, showing a large market potential.
Scales AI's Data Focus
- Scales AI raised $1 billion in Series F funding, focusing on solving AI data problems.
- They emphasize data abundance, frontier data, and robust evaluation as key principles.
Humane AI Explores Sale
- Humane AI, after a difficult launch of its AI Pin, is exploring a sale for $750 million-$1 billion.
- The high price and subscription model, along with technical issues, contributed to the rocky launch.