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  </p>
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      <p>
        Mistral AI, an open-source developer of foundation models, has collaborated with Amazon to bring two of Mistral AI's models to Amazon Bedrock.
      </p>
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      <p>
        The collaboration will integrate Mistral 7B and Mixtral 8x7B into Amazon Bedrock. The large language models (LLMs) are expected to facilitate text generation, code generation, and chatbot development.&nbsp;
      </p>
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      <p>
        These models claim to be efficient, fast, scalable, cost-effective, and accessible to a broader user base. The availability of these models on Amazon Bedrock will be announced shortly.
      </p>
    </li>
  </ul>
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<div>
  <p>
    <a href="https://aws.amazon.com/blogs/aws/mistral-ai-models-coming-soon-to-amazon-bedrock/">
      Press release
    </a>
  </p>
</div>


Foundation Models

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 
 <p>Mistral AI, a developer of foundation models, has partnered with Amazon to integrate two of its models, Mistral 7B and Mixtral 8x7B, into Amazon Bedrock. These large language models aim to aid in text generation, code generation, and chatbot development. They are presented as efficient, fast, scalable, cost-effective, and more accessible to users. More information about these models' availability on Amazon Bedrock will be released soon.</p>

</div>

Mistral AI integrates with Amazon Bedrock to provide LLMs

Technologies bringing about a new reality

Extended Reality

ANALYST_QUICK_TAKE

<div>
 <p>Samsung introduced an OLEDoS (OLED on Silicon) screen designed for XR headsets at the Society for Information Display (SID) 2024 event. The screen is a 1.03-inch RGB OLED panel, developed by eMagin, with a pixel density of 3,500 ppi. It features a new Fine Silicon Mask (FSM) leading to a denser, more efficient pixel compared to the traditional Fine Metal Masks (FMM).</p>
</div> <p><b>Analyst QuickTake:<br>
</b> In <a href="https:<br>
//sp-edge.com/updates/18680"> May 2023 </a> , Samsung Display Solutions entered a definitive merger agreement with AR/VR display manufacturer eMagin valued at ~USD 218 million.&nbsp;Additionally, the company plans to <a href="https:<br>
//sp-edge.com/updates/27093"> debut </a> its mixed reality headset by 2025, developed in collaboration with Google and Qualcomm, which will likely feature eMagin’s displays as well.</p>

Samsung showcases OLEDoS screen for XR headsets at SID 2024 event

Disrupting the traditional financial system using blockchain

Decentralized Finance (DeFi)

<div>
 
 <p>Velar, a decentralized exchange (DEX) platform, announced its partnership with Bitlayer, a Bitcoin layer-2 network. This collaboration supports the launch of Velar's Bitcoin-based perpetual decentralized exchange (Perp DEX), Velar Artha. </p>
 <p>Through this partnership, Velar gains access to BitVM, Bitlayer's Ethereum Virtual Machine-compatible blockchain infrastructure, thus laying the groundwork for Artha’s smart contracts on the Bitcoin blockchain. Furthermore, the protocol has plans to incorporate Bitlayer’s dual-channel cross-chain bridge, bolstering user access to secure DeFi applications. </p>
 
</div> <p><b>Analyst Quicktake</b> :<br>
 Velar has been making significant strides in the development of its flagship perpetual exchange platform, Artha, since it secured <a href="https:<br>
//sp-edge.com/updates/26229"> USD 3.5 million </a> in new funding in February. These include partnerships with <a href="https:<br>
//sp-edge.com/companies/1254763"> Stacks </a> to <a href="https:<br>
//sp-edge.com/updates/27755"> launch Dharma </a> , a Bitcoin-based automated market-making (AMM) protocol, and <a href="https:<br>
//sp-edge.com/companies/606656"> Portal </a> to <a href="https:<br>
//blog.velar.co/velar-partners-with-portal"> enable staking and increased trading liquidity </a> for its native VELAR token. This partnership represents a significant step in Artha's development roadmap, scheduled to be launched to the public in Q2 2024.</p>

Velar partners with Bitlayer to launch Bitcoin-based perpetual DEX

A new wave of meat, fish, and poultry alternatives are driving this hyper-growth industry into the mainstream.

Plant-based Meat

<div>
 <p>Tofurky, a subsidiary of Morinaga Nutritional Foods, aims to introduce plant-based hot dogs and a revised version of its deli slices for foodservice clients at the National Restaurant Association (NRA) show in Chicago.</p>
 <p>Primarily, the new hot dogs target entertainment entities like amusement parks and stadiums, offering a firm bite and a meaty, smoky texture. Conversely, the updated deli slices claim to closely mimic animal-based meats and offer 13 g of protein per serving. These two products are vegan and free from allergens, cholesterol, GMOs, gluten, and soy.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> In <a href="https:<br>
//sp-edge.com/updates/16403"> February 2023 </a> , Morinaga Nutritional Foods (MNF) acquired Tofurky from its parent company, Turtle Island Foods. This acquisition, built on a long-standing relationship between the companies, was to help MNF with its expansion plans in the US and beyond.</p>

Tofurky to unveil plant-based hot dogs and updates deli slices at NRA Show

<div>
 <p>LG Display, part of the LG Group, has announced a new micro-OLED display shown at SID Display Week 2024. The display features 4K resolution and 10,000 nit brightness.</p>
 <p>This new product has key features such as 4,000 pixels per inch density and a color gamut of 97% DCI-P3. These qualities surpass current devices like Apple Vision Pro with 3,700 micro-OLED displays. The display also offers double the brightness at 10,000 nits, compared to Sony's Vision Pro display which reportedly has 5,000 nits.</p>
 <p>The higher brightness levels of the display could reduce motion blur in headsets, even though the brightness is decreased a bit by the use of pancake lenses. </p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> The news follows LG’s <a href="https:<br>
//sp-edge.com/updates/27052"> partnership </a> with Meta to launch an XR headset in 2025. The headset is likely to be a successor to Meta’s Quest Pro enterprise-focused headset, and will potentially utilize the new micro-OLED displays announced</p>

LG Display announces micro-OLED display with 4K resolution and 10,000 nit brightness

Artificial intelligence is identifying and testing new therapies faster than ever.

AI Drug Discovery

<div>
 <p>The Hungary-based predictive biology simulation company, Turbine, has received an investment from Accenture Ventures. The financial details of the deal were not revealed. Turbine is part of Accenture's Project Spotlight, a program designed to offer financial and technical support to tech-based startups.</p>
 <p>Turbine aims to use this funding to broaden its services to international biopharma industries. The objective is to speed up their drug development processes by leveraging Turbine’s biological knowledge. </p>
 
</div>

Turbine secures investment from Accenture Ventures

Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

<div>
 
 <p>Dwolla, a provider of account-to-account (A2A) payment infrastructure, has formed a partnership with Visa to improve account verification features in its A2A service. By utilizing Visa's open banking capabilities with its A2A payment technology, Dwolla aims to let users confirm account ownership, check balances and examine available A2A payment options in real time.</p>
  
</div> <p><b>Analyst QuickTake:<br>
</b> This follows Dwolla <a href="https:<br>
//sp-edge.com/updates/27919"> partnering with MX Technologies </a> two months ago to leverage MX’s instant account verifications (IAV) and account aggregation offerings to provide faster, secure bank verifications and balance checks for businesses.</p>

Dwolla partners with Visa to enhance account-to-account verification capabilities

Giving creators the power of content monetization and audience engagement.

Creator Economy

<div>
 <p>The creator monetization platform, Kajabi, introduces a new AI-based tool named Creator.io. Acting as an AI-powered chatbot for creators, Creator.io enables a range of features.</p>
 <p>These capabilities include advanced speech processing technology, self-learning from user-generated content, provision of promotional tools as well as product recommendation capabilities. Integrations with multimedia documents or videos are also supported by Creator.io, which allows for customizability in both display and interaction modes.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Kajabi's chatbot solution is expected to improve business performance by capturing email leads, improving customer experience, and providing 24/7 support. Designed to act as a virtual team working around the clock to support creators, the solution also complements Kajabi's recently launched AI-powered generative tool, <a href="https:<br>
//sp-edge.com/updates/27541"> Creator Studio, </a> in partnership with Adobe Express, which turns individual videos into various marketing content.</p>

Kajabi launches Creator.io, an AI chatbot system for digital creators

A booming food and beverage segment with a history as rich and varied as its present-day product offerings.

Plant-based Dairy & Egg

<div>
 <p>Armored Fresh, a manufacturer of plant-based dairy alternatives, is preparing to introduce their new product, Oat Milk Cheddar Dip, at the National Restaurant Association Show in Chicago. This product is a dairy-free alternative to standard cheddar cheese sauces.</p>
 <p>The Oat Milk Cheddar Dip is directed towards foodservice clients and claims to offer a similar texture and melting capability as regular dairy products. Additionally, it is gluten-free, GMO-free, and cholesterol-free, making it suitable for vegans, vegetarians, and individuals with lactose intolerance.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Armored Fresh, established in South Korea, entered the US market in 2022 and has garnered a significant sales presence with over 150 sales accounts. Its latest US <a href="https:<br>
//sp-edge.com/updates/26102"> collaboration </a> was with restaurant chain Bareburger to incorporate its zero-dairy Oat Milk Cheddar Cheese into Bareburger's menu offerings.</p>

Armored Fresh to launch Oat Milk Cheddar Dip at NRA Show

Leveraging personal data for custom-fit diagnosis and treatment

Precision Medicine

<div>
 <p>The US Food and Drug Administration (FDA) has awarded breakthrough designation to Karius for its DNA-based blood test, the Karius Test. Developed to detect nearly 1,000 different types of pathogens, the test has been commercially available since 2017 and is being utilized at around 400 locations across the US.</p>
 <p>The Karius Test finds its key application in cancer centers, where it is used to monitor patients with compromised immune systems who might have potentially fatal lung conditions. The test is capable of identifying various infectious agents such as bacteria, fungi, parasites, and viruses from blood samples. In clinical studies, it was able to ascertain the likely cause of pneumonia in 12% of patients tested.</p>
 <p>Karius, an entity operating in the life sciences sector, specializes in infectious disease diagnostics using genomic insights. Its Karius Test is a liquid biopsy test that can non-invasively detect close to 1,000 pathogens from just one blood sample. The test employs advanced genomics and artificial intelligence to analyze microbial cell-free DNA. This provides diagnostic information that can rapidly facilitate treatment decisions.</p>
</div>

Karius Receives FDA breakthrough designation for its DNA-based blood test

<div>
 
 <p>Metabolon, a metabolomics service provider, recently closed a credit facility led by Trinity Capital, bringing in USD 60 million. This comes soon after a previous investment round in January 2023 which raised USD 25 million. An upfront payment of USD 42.5 million was made at the closing of the new round. Metabolon plans to use the funds to boost its R&amp;D capabilities, upgrade its metabolomics platform, enter new markets and establish strategic partnerships.</p>
 <p>Metabolon offers in-depth biochemical data and insights that are utilized in various scientific and clinical studies. Its proprietary Metabolon Discover global discovery panel is reportedly capable of detecting and identifying more than 5,400 metabolites in any biological sample via its metabolite library, making it the largest in the industry. The company's key services for the biopharma industry include biomarker discovery, target identification, pharmacokinetics, and growth media analysis.</p>
 
</div>

All Updates

Mistral AI integrates with Amazon Bedrock to provide LLMs

Samsung showcases OLEDoS screen for XR headsets at SID 2024 event

Velar partners with Bitlayer to launch Bitcoin-based perpetual DEX

Tofurky to unveil plant-based hot dogs and updates deli slices at NRA Show

LG Display announces micro-OLED display with 4K resolution and 10,000 nit brightness

Turbine secures investment from Accenture Ventures

Dwolla partners with Visa to enhance account-to-account verification capabilities

Kajabi launches Creator.io, an AI chatbot system for digital creators

Armored Fresh to launch Oat Milk Cheddar Dip at NRA Show

Karius Receives FDA breakthrough designation for its DNA-based blood test

Metabolon raises USD 60 million in debt financing to strengthen R&D capabilities and enhance metabolomics platform

Foundation Models

Mistral AI integrates with Amazon Bedrock to provide LLMs

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