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AI Vision, Crunchbase’s AI Predictions, and Augury’s $75M Boost

Welcome to PlugAI daily AI updates!

😊 Today’s Update: Today’s news highlights From revolutionizing data centers to predicting startup futures, today’s updates showcase how AI and innovation are reshaping industries.

Today New’s Contains of:

  • Hyperlume’s MicroLEDs: Faster, Greener Data Centers

  • Thinking Machines: Democratizing AI

  • Crunchbase’s AI Prediction Engine

  • Augury’s $75M for AI-Powered Machine Diagnostics

Reading time: 3 minutes

Hyperlume’s MicroLEDs: Faster, Greener Data Centers

 

Data centers consumed 4.4% of U.S. electricity in 2023, and that number could rise to 12% by 2028. Enter Hyperlume, a Canadian startup using microLEDs to replace copper wires for chip-to-chip communication. These microLEDs transfer data faster and use less energy, addressing the dual challenges of latency and power consumption in AI-driven data centers.

Why it matters: As AI demand skyrockets, Hyperlume’s innovation could make data centers more efficient and sustainable, unlocking new chip capacities and reducing energy costs.

Thinking Machines: Democratizing AI

Former OpenAI CTO Mira Murati has launched Thinking Machines, a new AI research and product company with a mission to democratize AI. The startup aims to create customizable, collaborative AI systems that empower individuals and industries alike.

Cool angle: By bridging gaps in accessibility and customization, Thinking Machines could make cutting-edge AI tools available to a broader audience, fostering innovation beyond elite research labs.

 Crunchbase’s AI Prediction Engine

Crunchbase, the go-to database for startup financing, has launched an AI-based prediction engine that uses 17 years of data to forecast when startups will raise funding, get acquired, or go public.

Pro tip: This tool could become a game-changer for investors and founders, offering data-driven insights into startup trajectories and market trends.

 Augury’s $75M for AI-Powered Machine Diagnostics

Augury, a startup using AI to diagnose machine malfunctions, has raised $75 million in funding. Its technology monitors vibrations, sound, and temperature to predict when industrial equipment needs repairs, leveraging a database of over 500 million hours of machine operations.

Bigger picture: As industrial robotics and AI converge, Augury’s “malfunction dictionary” is helping factories optimize operations and reduce downtime.

⚡ Quick Recap

  1. Hyperlume: MicroLEDs for faster, greener data centers.

  2. Thinking Machines: Democratizing AI with customizable systems.

  3. Crunchbase: AI predicts startup funding and exits.

  4. Augury: $75M to expand AI-powered machine diagnostics.

💡 Why This Matters

From reducing energy consumption in data centers to democratizing AI and predicting startup success, today’s updates highlight how innovation is solving real-world challenges. Whether it’s optimizing industrial operations or making AI accessible, these advancements are driving progress across industries.

🚀 Cool Add-On

💡 Did You Know?
Hyperlume’s microLEDs not only speed up data transfer but also reduce energy consumption—potentially saving billions in electricity costs as data center demand grows.

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