The Week in NextTech: Round-Up 28/04/23

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In today’s news:

  • On this day
  • 2 AI Truths and a Lie
  • Two Accounts with 200M+ of Bitcoin Have Just Woken Up.
  • Running ChatGPT Is Costing Openai $700,000 A Day
  • SenseGlove Gets a Bunch of Dollars to Advance Their VR Gloves
  • NextTech Mergers, Funding, and Acquisitions
  • Latest NextTech reads from LXA Stories

This week's NextTech newsletter is getting a check-up. 

As if the dentist wasn't scary enough, they've now got the robots involved. 

But not as nightmare-inducing as a huge robot with drills for hands fixing your cavity. Instead, it might actually make the dentist less painful, and you might even get a lollypop for being such a brave soldier.

Copy of Copy of Copy of Copy of Copy of Copy of dark social

Dr Jon Marashi, a V.I.P dentist who looks after the gums, teeth, and beyond of Ben Affleck and Cher, can fix your crown or extracted tooth, stat. 

To do so, he takes a 3D scan of the patient’s mouth, 3D-prints a replica tooth, and uses a Computer Aided Design (CAD) and Computer Aided Manufacturing (CAM) milling machine to produce a porcelain crown. Now that's a cavity search most people won't mind. 

🤫 One AI Project and Two Lies

Play along at home. Out of these three wacky AI projects, two are fake, and one is real. So, which of these new AI projects is unreal, and which is ugh, for real?! (Check at the bottom of the newsletter for the reveal!)

Pick Me Up

An AI was fed a dataset of existing pick-up lines that it then analysed for patterns. It returned with lines that ranged “I want to get my heart with you” to “You must be a tringle? Cause you’re the only thing here.”

In The Doghouse 

An AI can be now used by partners to see what their spouse’s favourite type of flowers and chocolates are in order to get the best gift possible. We guess it’ll be used for some very effective “whoops, I messed up” bouquets.

Marriage Material 

Planning a marriage is hard. So, AI is here to do it for you. Put in some prompts about what and when you want the reception, and the AI will figure out an itinerary, a list of vendors, and even the venue. It can also message them to see availability and make bookings.

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📰 Two Accounts with 200M+ of Bitcoin Have Just Woken Up

Whales are investors who are holding more than 1,000 BTC, or around $27.3M. These investors are often watched incredibly closely. 

So, it shook the whale-watchers of the world when two OG whales, who were last active a decade ago, finally woke up. Let's have a look at these sleeping giants:

Whale 1: holds $176M worth of BTC and sent $60M for the first time in 9 years.

Whale 2: sent $7.8M of its $31.6M for the first time in 10 years on Friday.

These accounts came into their money around 2013, but only now have touched the funds. And they've sent them to brand new addresses. 

But why have they done this? Well, safety probably. Just like real whales, these guys are probably trying to avoid poachers. 

There's a wallet drainer out and about at the moment, who attacks OG holders. These whales could be relocating some money as a precaution. 

This whale-catcher is targeting private keys from 2014-2022, with at least $10M worth of Ethereum being stolen since December. 

DALL·E 2023-04-24 13.59.08 - a sleepy whale waking up on a bed, wearing a sleep cap, digital art

Dall.e Prompt: a sleepy whale waking up on a bed, wearing a sleep cap, digital art

📰 Running ChatGPT Is Costing Openai $700,000 A Day

It turns out that keeping ChatGPT up and running is more expensive than feeding a toddler with a caviar habit. Or a toddler without any kind of habit, really. 

It has been reported that OpenAI has been paying up to $700,000 a day to keep its infrastructure running, plus the cost for all those energy drinks they've probably been feeding their data scientists. 

Dylan Patel, the chief analyst at research firm SemiAnalysis, said most of the money goes to the servers required to keep ChatGPT running smoothly. "Most of this cost is based around the expensive servers they require," he suggested. 

But those might be novice numbers. These estimates were based on GPT-4. OpenAI's newest model GPT-4 will almost certainly cost even more to run, according to Dylan. 

DALL·E 2023-04-24 14.13.24 - a robot eating paper money and coins, vector art


Dall.e Prompt: a robot eating paper money and coins, vector art

📰SenseGlove Gets a Bunch of Dollars to Advance Their VR Gloves

SenseGlove, a Dutch company that's taking the virtual world by storm with their fancy-pants XR haptic gloves, has just secured a whopping €3.25 million (roughly $3.5 million) in a series A funding round.

And what do they plan on doing with all that cash? Apparently, they're gonna use it to supercharge their SenseGlove Nova haptic gloves, which are specifically designed for businesses. 

The Week in NextTech

That’s right, it’s made for businesses. Not sure what meeting these people are attending.
These haptic gloves from SenseGlove are the real deal, giving users the ability to interact with virtual objects naturally and even train their muscle memory.

These allow people to get touchy-feely with the metaverse, as they recreate the feeling of size, stiffness, and impact of virtual objects. And the best part? They're versatile enough to be used across a range of industries, from healthcare to manufacturing and even military training.

The SenseGlove team has really outdone themselves with this invention, providing both force and vibrotactile feedback in a wireless and compact design. It's no wonder they're a hit with big players like Airbus, Honda, and even the (gulp) Royal Dutch Army

This Week in Numbers 

4.15

Apple has launched two big products with Goldman Sachs’ help over the past three weeks. This includes Apple Savings which is a high-yield savings account that offers a 4.15% interest rate.

142

Formify will 3D print a mouse that fits the shape of your hand. It costs $142.

132K

The French start-up Zephalto announced that by 2025, it will send travellers to the stratosphere in luxury space balloons. A single ticket costs $132,000.

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💰Graph Of The Week

GWI’s data reveals that people in various countries remain bullish on crypto opportunities.

Users in Turkey continued to buy into digital currencies during Q3 2022, with ownership increasing from 25.8 per cent in July, to 27.1 per cent in October.

Brazil, Australia, and Vietnam also saw an increase in ownership of assets like Bitcoin during the penultimate quarter of last year.

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✍️ NextTech Mergers, Funding, and Acquisitions

Who's making dough, who's laying low, and who's in a constant state of "Oh, God, no"? It's time to find out, with LXA's NextTech News Round. 

💰  Cosmose’s Funding Round Lifts the Company’s Valuation To $500 Million

👥  Alibaba Cloud Partners With Elastos

👥  Trust Wallet Teams up With Ramp and MoonPay

⚙️ Google Consolidates AI Research Divisions Into Google Deepmind

💰  Robust.AI Raises $20M As It Scales Robot Deliveries For Pilot Customers

🤫 One AI Project and Two Lie Reveal:

 

Pick me, pick me! The Pick me up AI is real. 

✒️ The Latest NextTech Reads from LXA

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