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EcoDataCenter, a Swedish company, has secured almost $500 million in funding to build and operate environmentally friendly data centers specifically designed for the growing demands of artificial intelligence. This investment signifies a major step towards a more sustainable future for the AI industry.

EcoDataCenter, a Swedish sustainable data center company, has received $478 million in funding to expand its operations and build more environmentally friendly data centers.

Well-known AI assistant Grammarly recently announced its acquisition of productivity platform Coda, marking an important step for Grammarly towards becoming an AI productivity platform. Image source note: Image generated by AI, image licensed through provider Midjourney. Coda's CEO and co-founder Shishir Mehrotra will take over as the new CEO of Grammarly. This acquisition will combine Coda's flexible and powerful AI.

Baracoda's BMind Smart Mirror features generative AI to analyze user facial expressions, gestures, and vocal tones to determine emotions. Built on the CareOS platform, it supports third-party application connectivity, enabling features like voice detection, a 4K camera, and Face ID. It offers emotional analysis capabilities including light therapy, guided meditation, and self-affirmation aimed at enhancing user mood. Customized functions extend beyond mental health needs, such as guided brushing, skin analysis and guidance, and bathroom water temperature monitoring. The BMind Smart Mirror is set to launch at the end of 2024.

Canadian company Secoda successfully raised 14 million USD, planning to apply AI technology to enterprise data search and management, allowing users to easily search, understand, and utilize company data as if using Google. This round of funding was led by Craft Ventures, with participation from investors such as Abstract Ventures, YCombinator, and Garage Capital, aiming to address the challenges of data fragmentation and management in enterprises. Secoda has already achieved...