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Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation

TechCrunch

Avataar helps direct-to-consumer brands and e-commerce marketplaces with shaping their consumer journeys with 3D rendition of products. As long as the product images are in at least 1080p resolution, Aluru said, Avataar can stitch a virtual and 3D version from it. The six-year-old startup has raised about $55.5 Avataar.me

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LG announces the first 50 participants in its LG Nova program

TechCrunch

LG’s innovation center — LG Nova among friends — today announced that it has selected the first 50 companies for its Mission for the Future global challenge competition. – Artificial intelligence-powered remote patient monitoring wearable technology. Somatix, Inc. TRIPP, Inc.

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Power Immersive, Engaging, Impactful Learning Experiences with AR/VR

Trigent

Homeschooling, online degree programs, virtual classrooms have all been progressive steps in the direction of transformative technological innovation. But with Virtual Reality (VR) and Augmented Reality (AR) coming into the picture, things have changed radically for the education sector. Propelling-immersive-learning-with-AR-VR.

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10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

At the heart of this shift are AI (Artificial Intelligence), ML (Machine Learning), IoT, and other cloud-based technologies. There are also significant cost savings linked with artificial intelligence in health care. Just a decade ago, the use of augmented and virtual reality in healthcare was deemed science fiction.

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Thinking of hibernating through the metaverse winter?

CIO

During AI winters , devoted innovators persevered, even without concurrence about what AI was and is. Artificial Intelligence The “winter” analogy will be familiar to anyone involved with AI over the decades as interest and funding cooled and warmed in pendulum swings.

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AI creative platform D-ID, the tech behind those viral videos of animated family photos, raises $25M

TechCrunch

D-ID , the Israeli company leveraging artificial intelligence to create unique, viral experiences like “Deep Nostalgia ,” which animates the faces of long-lost relatives in your old photos, announced today the raise of a $25 million Series B round of funding led by Macquarie Capital. We’re excited for what the future holds.”

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5 hot IT budget investments — and 2 going cold

CIO

Hot: AI and VR/AR With digital transformations moving at full throttle, and a desire to stay innovative, it should come as no surprise that use cases for virtual reality, augmented reality, and artificial intelligence continue to grow in several verticals.

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