a16z Invests $24M On AI Fashion

Plus Mercedes integrates Google’s AI into cars, Bitcoin drops below $90k, and Japan’s moon rover robot tackles farming challenges.

Welcome back to your daily dossier talking AI, robotics, crypto and the future of tech. 👾

In today’s edition we are tackling the following:

🧵 a16z invests $24M in Raspberry AI to transform fashion design workflows.
🚗 Mercedes partners with Google for an advanced virtual assistant in its next vehicles.
🇬🇧 UK reveals an ambitious AI strategy with supercomputing and global talent attraction.
🤖 Japan’s moon rover-inspired robot supports aging farmers with crop monitoring.
📉 Bitcoin drops below $90K, reflecting fears of Fed rate hikes and U.S. Bitcoin sales.

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AI

ROBOTICS

  • Moon rover-inspired robot tackles Japan’s farming challenges

    • Kisui Tech’s AI-assisted robot ‘Adam’ helps Japan’s aging farmers with tasks like transporting produce and spraying pesticides.

    • Inspired by lunar rovers, the robot navigates uneven terrain, offering solutions for declining agricultural labor.

    • Kisui Tech is also developing a platform to give farmers real-time insights into crops, diseases, and farm management.

  • Multiverse simulation engine predicts futures for AI training

    • Nvidia’s Cosmos platform generates synthetic data to train robots and autonomous vehicles using real-world physics.

    • By simulating every possible future scenario, the platform helps AI systems adapt to complex environments.

    • Cosmos aims to democratize robotics development with open-source tools for training humanoids and self-driving cars.

  • CES showcases cutting-edge robot vacuums for 2025

    • Roborock and Dreame unveiled vacuums with robotic arms that can move objects and clean more efficiently.

    • Features like retractable lidar, extending mops, and StarSight navigation enhance cleaning capabilities.

    • Innovations focus on better obstacle navigation and multi-room cleaning with minimal human intervention.

CRYPTO

  • Jamie Dimon criticizes Bitcoin as the 'criminals’ choice'

    • JPMorgan CEO Jamie Dimon reiterated his criticism of Bitcoin, claiming it is widely used for illegal activities.

    • Dimon highlighted Bitcoin's lack of intrinsic value but acknowledged the potential of blockchain technology.

    • He emphasized that JPMorgan uses blockchain while maintaining his skepticism about cryptocurrencies overall.

  • Bitcoin dips below $90k amid market uncertainty

    • Bitcoin's price dropped below $90,000 for the first time since November, reflecting heightened market volatility.

    • Concerns about potential Fed rate hikes and the U.S. government's Bitcoin sales contributed to the decline.

    • Analysts note that market uncertainty is likely to persist as investors react to macroeconomic developments.

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  • 2025 poised to be a pivotal year for crypto ETFs

    • The success of spot Bitcoin ETFs in 2024, attracting $65 billion, has sparked optimism for further crypto ETFs.

    • Pro-crypto sentiments in the new administration could lead to relaxed regulations and more investment products.

    • Experts predict that an expanded ETF market could drive wider adoption and new capital into cryptocurrencies.

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CONTENT

  • CES 2025 roundtable: AI, robots, and more

    • The Verge team discusses standout CES trends, including smart glasses, AI chatbots, and home robots.

    • Notable products include the Circular Ring 2, portable TVs like LG’s StanByME 2, and innovative laptops.

    • The roundtable highlights under-the-radar tech like wildlife cameras and experimental audio technologies.

  • NVIDIA CEO discusses AI, robotics, and future tech

    • Jensen Huang explores NVIDIA’s innovations, including Cosmos and Omniverse, for virtual robot training.

    • He details advancements in autonomous vehicles, emphasizing Toyota partnerships and safety systems.

    • Huang discusses AI's transformative role across industries and offers advice for aspiring tech professionals.

  • FTC chair Lina Khan reflects on tenure and big tech challenges

    • Lina Khan reviews her time at the FTC, focusing on monopoly powers, AI regulation, and tech industry oversight.

    • She addresses cases like Microsoft-Activision and previews potential policy shifts under a Trump administration.

    • Khan highlights the importance of antitrust enforcement, feedback-driven policymaking, and non-compete reforms.

AND MORE…

  • Biden’s new AI rules spark concerns among chipmakers

    • The Biden administration introduced rules limiting AI chip exports to over 120 countries, citing national security.

    • Chip stocks like Nvidia and Micron fell, while critics argue the rules may benefit China’s AI competitiveness.

    • The incoming Trump administration is expected to reverse these policies, potentially boosting U.S. chipmakers.

  • Adobe’s Firefly AI expands with bulk creation tools

    • Adobe launched the Firefly Bulk Create API to automate high-volume content creation for developers and businesses.

    • The API supports rapid generation of images and text effects, improving workflow efficiency and consistency.

    • This expansion solidifies Adobe’s position as a leader in AI-powered creative tools for modern content needs.

  • Bitcoin mining difficulty hits a historic high

    • Mining difficulty for Bitcoin has reached 110 trillion, marking the eighth consecutive increase and a record high.

    • The rise highlights network security and strong miner participation despite ongoing market challenges.

    • Growing competition among miners may impact profitability, especially for those with older or less efficient hardware.

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