Available in-app and online, IKEA Kreativ’s core technology was developed by Geomagical Labs, an IKEA retail company, which Ingka Group (the holding company that controls 367 stores of 422 IKEA stores) acquired in April 2020. For IKEA, the latest in digital transformation is all about home design driven by artificial intelligence (AI) – minus the home furnishing and decor retailer’s famous Swedish meatballs. Today, it launched IKEA Kreativ, a design experience meant to bridge the ecommerce and in-store customer journeys, powered by the latest AI developments in spatial computing, machine learning and 3D mixed reality technologies. IKEA Kreativ is the next step in IKEA’s long journey towards digital transformation. The new IKEA digital experience borrows inspiration from these methods – though indoor design applications face unique and difficult challenges. According to the company, it is the home retail industry’s first fully featured mixed-reality self-service design experience for lifelike and accurate design of real spaces deeply integrated in the digital shopping journey. For one thing, it was challenging to bring IKEA products to life in an inspiring and realistic way. “The 3D and AI technology developed by Geomagical Labs will be used to bring out the uniqueness of IKEA digitally,” Phil Guindi, head of products at Geomagical Labs. (VentureBeat). Continue reading.
Record Series A Round Will Be Used to Further Develop the AI-based Technology and Expand Business Within the U.S. and Abroad PALO ALTO, Calif., June 22, 2022 /PRNewswire/ -- Sanas, the world's first real-time accent translation technology company, today announced a $32 million Series A, the largest Series A round in history for a speech technology company, led by Insight Partners with participation from GV, Assurant Ventures and angel investor Gokul Rajaram.
Airbus and the CISPA Helmholtz Center for Information Security have signed a Memorandum of Understanding (MoU) at ILA Berlin 2022 to open a center of excellence for cybersecurity and trustworthy artificial intelligence in Saarland, Germany.
Available in-app and online, IKEA Kreativ’s core technology was developed by Geomagical Labs, an IKEA retail company, which Ingka Group (the holding company that controls 367 stores of 422 IKEA stores) acquired in April 2020.
ESG Book, a company founded in 2018, built a cloud-based platform backed by AI-powered analysis that provides its customer base of financial institutions — like Bridgewater, J.P. Morgan, Citi and Robinhood — with sustainability and ESG data of more than 25,000 public companies.
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