🔥 This Week in Crypto & The Metaverse
🔥 This Week in Crypto & The Metaverse
ETH surges on ETF speculation, OpenAI Ripping Off, the Meta Quest 3 'Lite', and more.
Here’s a rundown of what we’ve been looking at this week from the team at Hartmann Capital:
ETH sees big gains on ETF speculation
Though approval is not guaranteed — SEC has asked aspiring ether exchange-traded fund exchanges to update 19b-4 filings in an abrupt move.
CoinDesk: Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
The Block: Exchanges told SEC leaning toward approval of spot Ethereum ETFs: report
OpenAI v. Scarlett Johansson
Following OpenAI’s demo of their updated AI voice named ‘Sky’ — Scarlett Johansson has sent letters to the company asking how they developed the voice — which sounds very similar to Johannson’s.
The Verge: Scarlett Johansson told OpenAI not to use her voice — and she’s not happy they might have anyway
The voice of Sky has been available since OpenAI introduced ChatGPT’s voice mode last September. However, it wasn't until last week, when OpenAI showcased an enhanced AI model that made the voice more expressive, that the connection to Johansson became evident.
Is this the Meta Quest 3 ‘Lite’?
Meta might soon launch a budget-friendly version of the Meta Quest 3, potentially named the Meta Quest 3 Lite or Quest 3s (with an intentionally lowercase 's'). According to leaks from @Lunayian on Twitter, this new VR headset is expected to provide many of the Quest 3's features at a reduced price.
Mashable: New 'Meta Quest 3 Lite' tipped to be in the works. Everything we know.
TechRadar: Meta Quest 3 Lite leak suggests it’ll pack the Quest 3’s brain into the Quest 2’s body
Sinn Studio announces $2.5m Raise as they build world’s first real-time PvP VR combat game
VentureBeat: Sinn Studio raises $2.5M for real-time PvP VR combat game
Sinn Studio’s game is powered by an innovative Large Intent Model (LIM), a neural network specifically designed to recognize and learn from the intricate subtleties of human motion during combat. The company stated that this technology addresses some of the industry’s most complex challenges in spatial computing.
Here’s what else we’re looking at this week in VC, Generative AI, and Gaming 🤖🕹
- Microsoft’s Copilot AI is coming to gaming, starting with Minecraft
- OpenAI sees mobile revenue surge after paid access to GPT-4o
- Google unveiled AI-powered ad tools at Google Marketing Live, including advanced search ads and immersive Shopping ads
- Microsoft teams with Khan Academy to make its AI tutor free for K 12 educators and will develop a Phi-3 math model
- Newspaper conglomerate Gannett is adding AI-generated summaries to the top of its articles
- Meta introduces Chameleon, a state-of-the-art multimodal model
- OpenAI has partnered with Reddit to provide ChatGPT with real-time data access
- Scale AI raised $1 billion, doubling its valuation to $14 billion, to support its data labeling services for AI training
- Suno raised $125M in latest funding round
- Vercel raised $250M in Series E funding at a $3.25B valuation
Disclaimers:
This is not an offering. This is not financial advice. Always do your own research.
Our discussion may include predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent our current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this presentation. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events.