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Charlie, Rony, and Ted are out in full force to greet the world's foremost tech consultant and professor Shelly Palmer, CEO of the Palmer Group. We hit the news quickly, Perplexity raises $500M at a $9B valuation, ChatGPT under assault, AI's coming "clean." Our wide ranging conversation with Shelley was focused on some important trends in AI and XR, and especially the long process of integrating AI into company workflow. It's going to take time and training, perhaps more than five years for that to be happy, Shelly said. Other 2024 events we looked back on: the ongoing AI revolution, the crypto run up, agentic AI, the possible TikTok ban, AI & XR, and the end of the media business as we know it. Audiences are on different screens doing different things. The implications are staggering. It decided the election.
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This week Charlie and Rony welcome Russell Patton, Product Manager for the Snap Spectacles AR headset. It's a news week rich with AI news from OpenAI, Google, and others. OpenAI suffered a major outage on Wednesday, which may be related, according to Rony, to the theft of weighted models from its database. We thought it was related to stress on the system from the introduction of video generator Sora. Samsung gave the press a look at their upcoming Project Moohan on which they collaborated with Google on an AR OS for Android, and Qualcomm for its new microprocessor. Rony is in his element as discuss the new Spectacles, and Snap's strategy, with Patton.
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This week Charlie and Ted are joined by Michael Murray, CEO of Kopin (NASDQ: KOPN), a leading developer of microdisplay and optical technologies for military and enterprise applications. Meta needs a hit entertainment franchise for its platforms, so they've made a deal with filmmaker James Cameron, to make one for them. With Elon Musk at the elbow of the President, does his competitor, OpenAI, who Musk is suing, have anything to worry about? Xreal released their new Xreal One Series of assisted reality smart glasses, or screen extenders, which now feature one touch screen anchoring.
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In this week's pod the hosts discussed big tech's investment in Trump, Australia's move to regulate social media, and Google's accidental preview of Jarvis, which will be the Android answer to AI Siri, and may even launch sooner. They also highlighted a company called Mawari, which is working on tokenizing streaming XR content, aiming to simplify the distribution of spatial content without the need for apps. Our guest is Alex Masharov, founder of Higgsfield, who shared his journey from Russia to Silicon Valley. He discussed his previous success with an AI company sold to Snap, which developed real-time face filters that went viral. Now, with Higgsfield, Alex aims to revolutionize video content creation by focusing on personalized, AI-generated dramas.
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This week the hosts are in full force. Rony talks about his AI startup, Synthbee. It's earnings week, so we got a look at just how much money tech companies are making and their projected investments in AI. OpenAI's ChatGPT search is coming for Google. Inbrain Neuroelectronics raised $50M, and Spot AI raised $31M to turn those janky security cameras into AI-driven video assistants. Our guest is Shara Senderoff, Co-Founder of Futureverse.
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This week our guest is Deniz Özgür, co-founder, co-CEO, Spacerunners. Space Runners is a fashion-tech platform that operates at the intersection of digital fashion, blockchain technology, and the metaverse. Deniz was named a Forbes 30 under 30 CEO last year. Spacerunners uses AI to help brands bring their products to new markets, like the Metaverse. Rony is off for the Jewish holiday Sukkot. Slow news week, unless you're Perplexity AI search, doubling your valuation with another $500 M raise. Microsoft's Army HoloLens, or IVAS, continues its slow death. In another defense story that should surprise no one, the USAF is recruiting from the Drone Racing League, an acknowledgment that the Top Gun of the future may not be piloting a plane.
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This week our guest is Joaquin Cuenca Abela, co-founder and CEO of Freepik. Rony is off for the Jewish holiday, Sukkot. Earlier in the week, he launched his new company SynthBee with $20 million dollars of VC money. Also in the news, Nvidia enters software with a high-performing open source AI model, competing with its biggest customers. Our sponsor Zappar now has got a deep-pocketed backer with an exit strategy, Infinite Reality. Freepik CEO Joaquin Cuenca Abela joins us to share the story of his company, Freepik, which started out as an ad-supported search site for free pictures. Today Freepik makes around $100M a year in subscription revenues from their seven hundred and fifty million month unique visitors. For the past two years, Freepik has been leaning heavily into generative AI, and is adding new features, like text-to-video, which he hinted may be coming soon. Freepik hit our radar last year when it acquired the AI upscaling tool Magnific.
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This week the hosts are here in full force to welcome Justin Maier, co-founder and CEO of Civitai. Elon Musk of Tesla revealed of the Robotaxi and its accompanying Robobus and Optimus robots. The nobel prize in Physics went to John Hopfield and Geoff Hinton, the AI Scientist who "retired from Google" warning the NY Times about the dangers of AGI. RIP Spacetop computer with its wearable AR monitor. Edward Berger’s immersive short film Submerged is now available on Apple’s Vision Pro. Justin Maier explains how Civitai is about to revolutionize generative AI content creation with an enhanced, consolidated workflow which will run on their Buzz token. You can see why Andressen invested in this young AI company.
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Ted and Charlie welcome Antony Batt, Neville Spiteri, co-founders of Wevr, creators of "The Blu," one of the first experiences created for the HTC Vive in 2016. Rony is off for the holiday (Happy New Year to those who celebrate). In the news, Future Trash, an LA creative studio, scores $5M to make experiences for Fortnite. Runware AI Raises $3M for super fast AI image generation. Infinite Realty buys Super League. Antony and Neville give a VR history lesson as they are also genuine VR OGs, having survived not one but two "VR winters." Today Wevr is thriving, and more focused on location-based VR.
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Charlie, Rony and Ted welcome Yonatan Tal, CEO of Supersocial. First up is the flurry of announcements from Meta Connect, including the unveiling of their see-through AR headset, dubbed Orion, and more broad updates about AI. Rony shares intimate details of his conversation with Mark Zuckerberg at the prestigious Allen & Company invitation-only in Sun Valley. Yonatan Tal shares details of his Metaverse construction studio, Supersocial, and how they make Roblox experiences. The company is a combination of an agency and a Roblox game developer, making it a sought-after partner for big brands seeking to reach that prized youth audience.
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Ted and Charlie are Rony-less but happily dive into a busy newsweek, which featured new headsets from Snap and HTC, a $230 M raise for World Labs, which is focused on generating 3D AI, for worlds and assets. Also in the news Palmer Lucky to the rescue, and a Neuralink breakthrough. John Attanassio and Luisa Huang, co-founders of Toonstar, join us to share their nine year journey to success as an AI-assisted animation company, specializing in YouTube and social media. Their series, Stephen and Parker, a collaboration with TikTok megastar Parker James, gets tens of millions views - and dollars - on YouTube.
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This week all three hosts are back in force with a great guest, Zhen Feng, Head of International for Roblox. Rony and Ted talk about a new hush-hush optics technology for XR which they believe is coming to headsets soon. It's a slow news week, but we did talk about iOs 18, Apple Intelligence (or lack thereof), and Google Shopping's virtual try-on. Zhen Fengs shares her unique journey from Microsoft to early Facebook, where she spent 13 years, and now her role at Roblox, which made us all want to go work there.
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This week it's Ted's turn to be too busy, but Charlie and Rony are in fine form, welcoming Liam Broza, CTO of Infinite Reality. In the news, funding for AI startups big and small, including Magic AI, Story Protocol, Miris, and Gen-AI animation app, Viggle. Liam explains how Infinite Reality is turning the browser into a metaverse streaming platform.
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More about Liam:
Liam Broza is the Chief Technology Officer for Infinite Reality (iR), an innovation company powering the next generation of digital media and ecommerce through AI and immersive technologies. Liam leads the company’s platform team building iR Engine, a no-code cutting-edge spatial web platform that empowers creators and brands, regardless of technical ability, to build immersive web experiences with ease.
Liam has spent the last 15 years working at the intersection of spatial computing, computer vision, and data sovereignty. Liam co-founded, expanded, and ultimately led Ethereal Engine, a creator of end-to-end frameworks for web-first, social immersive experiences, to its successful $75 million acquisition by Infinite Reality.
Linkedin
https://www.linkedin.com/in/broza/
X (Twitter)
https://x.com/LiamBroza
Company Website
www.theinfinitereality.com
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This week we're joined by Ryan Chapman, CEO of Motive, focused on business applications of VR. We start with the state of the entertainment business, where Charlie throws around wildly inaccurate numbers to make the point that the music has stopped for the television networks and cable channels like MTV, which are about to be chopped up and sold for parts as they continue to hemorrhage viewers to Roblox, Fortnite, and TikTok. New AR glasses are coming from Meta and Snap next month. Oh, and there's not going to be a GTA VR game [cue: loud applause]. Ryan Chapman, CEO of Motive, breaks down their unique approach to developing VR applications for training workers.
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This week the three hosts are here in full force as Rony returns from vacation. Now that a federal judge ruled that Google is a monopolist, the question is what to do about it. Forbidding them from buying distribution is one thing, but now people are talking about forcing them to spin off their browser business. Speaking of Google, they've released new AI image generators, and they are quite good and totally free. Grok-2 is now available for X premium subscribers. It can also generate images. Starlink competitor AST is taking flight - on SpaceX. The other Groq (with a "q") is a semiconductor startup that raised $640M series D. Chips are expensive, but everyone is eyeing Nvidia's market share. This week our guest is Akash Nigam, CEO of Genies, which is focused on Avatars, which he sees as the full expression of AI and the Metaverse.
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Google's guilty of monopoly practices, but the result will be unclear for some time. Elon Musk continues to go bonkers while raking in trillions, nonetheless, he is suing people who don't like him, like former advertisers and others unhappy with the lack of moderation on their platform. Meta shuttered Echo Arena, and now they're shuttering the studio that makes it, Ready at Dawn, which they acquired in 2020. Our guest is Val Vacante, VP of Solutions Innovation for Dentsu Advertising. She is based in Austin and advises the SXSW festival on programming. Val shares Dentsu's innovative approaches to problematic categories like retail, where many companies are in desperate need of reinvention.
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This week our guest is Kerestell Smith, creator of Gorilla Tag VR and founder of Another Axiom. Rony is on a farm with no Internet. In the news Canva surprises no one with its acquisition of Gen-AI startup Leonardo.ai. Congrats to Hedra AI text-to-voice, which produces lip-synced short video; they raised $10M. Meta reported earnings Weds. Revenue is up a whopping 22%. Our guest Kerestell Smith shares his extraordinary journey, from being an early VR fan and Echo Arena champion to developing Gorilla Tag VR on Unity while he continued his 9-5 corporate job. Kerestell shares the secrets of Gorilla Tag's success: its revolutionary arm locomotion. It is the most popular game on Quest, earning over $100M. Kerestell digs into spatial design principles and his philosophy about virtual reality experiences.
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This week our guest is neuroscientist Dr. Cody Rall. Rony's working his super-secret day job (an AI startup). Top of the news is OpenAI's Search GPT, which is now a close beta (you can sign up); AI start-up Cohere valued at $5.5 B in their latest round. There are more than 20 AI unicorns - startups valued at more than $1B. Elon Musk has a supercomputer cluster in Memphis, and no idea (yet) where the power is coming from. Meta is in the news (constantly). This week their biggie is the release of powerful open source Llama 3.1 AI LLM. Both Reality Labs and Magic Leap saw layoffs. Dr. Rall joins us to talk about psychiatric treatments with BCI, and other methods for healing, and even augment, the brain.
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Charlie and Rony go Tedless this week with Sarah Nagy, founder and CEO of Seek AI, which brings AI to datasets that can be queried with natural language processing and other AI applications. This week's news includes funding for 3D company Jigspace, whose demos are bundled with Apple Vision Pro and tablets. Artificial Agency raised $16M for AI NPCs, and Haiper AI introduces eight second text-to-video gen-AI. Sarah Nagy is a "quant" and data scientist who founded Seek to help companies extract maximum insight and value from their existing data.
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Another big news week finds AMD snapping up Silo AI for $655M. Captions lip dub co raises $60M. Odyssey AI out of stealth with hi-res gen-AI. Infinite Reality Raises $350M, Acquires LandVault in stock deal. Apple is launching the Iphone 16 with AI this fall, but Siri won't be out until Spring 2025. Samsung includes Bixby in its new launch. Our guest is Chandra Devam, CEO of Arismd, a ten year old company that created technology for X-Ray vision.
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