<div>
  <p>
  </p>
  <ul>
    <li>
      <p>
        Amazon Web Services (AWS) has launched support for passkeys in its Identity and Access Management (IAM) service. Passkeys are a new credential type based on public-key cryptography that can replace passwords.
      </p>
    </li>
    <li>
      <p>
        With the integration of passkeys into AWS IAM, AWS customers can now use this passwordless authentication method to access their AWS resources and services. This enhances security by reducing the risk of password-related attacks, such as phishing and credential stuffing, while improving the user experience by eliminating the need to remember and manage complex passwords.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://findbiometrics.com/passkey-support-comes-to-aws-iam/">
      FindBiometrics
    </a>
  </p>
</div>


Identity & Access Management

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 
 <p>Amazon Web Services (AWS) has introduced passkeys support in its Identity and Access Management (IAM) service. These passkeys use public-key cryptography and are an alternative to passwords.</p>
 <p>This addition to AWS IAM allows users to access their AWS services and resources through passwordless authentication. This increases security by lowering the possibility of password-related attacks like phishing and credential stuffing. It also enhances user experience by removing the necessity for remembering and managing complex passwords.</p>
 
</div>

AWS IAM adds support for passkeys

Platforms, apps, and cards to keep the corporate wallet in check

Business Expense Management

<div>
 <p>Accounts payable software provider, Fidesic, is reintroducing its free version - Fidesic Free, at the Dynamics Communities Summit NA. This improved version is designed to allow businesses to trial the software with real invoices, offering a solution particularly suited to enterprises with fewer invoice needs.</p>
 <p>With Fidesic Free, users receive setup for one company, access for three users, and a limit of 100 invoice scans each month. The software also includes transactional fees only for payment fulfilment and caps at 100 invoices monthly. It is specifically designed for use with Microsoft D365 Business Central and Dynamics GP, and includes features such as data capture and processing for invoices, automated approval routing, simplified payments, and vendor management.</p>
 <p>Fidesic states that the relaunched software version helps potential customers to test the product against their own processes, provides a cost-effective option for smaller volume companies, and extends support to the SMB community.</p>
</div>

Fidesic to relaunch Fidesic Free to enhance its free product offering

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

ANALYST_QUICK_TAKE

<div>
 <p>AI data firm Snorkel AI has added new features to its Snorkel Flow platform. These innovations are aimed at speeding up the tailoring of AI/ML models for use in enterprise situations.</p>
 <p>Among the new features are GenAI evaluation tools for case-specific benchmarks, efficient LLM fine-tuning workflows, RAG tuning workflows, simple annotation and feedback, Sequence tagging analysis tools, AI ecosystem integration, and enhanced named entity recognition (NER) for PDFs.&nbsp;</p>
 <p>These enhancements of Snorkel Flow improve domain-specific evaluation, boost retrieval accuracy through superior chunking, and simplify the extraction of information from PDFs. With such upgrades, Snorkel Flow aims to cut down on development time and enhance the accuracy of AI models, thus placing itself as the sole platform that supports the full lifecycle of AI data development.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Snorkel AI is actively working on improving its platform to make enterprise AI data development more programmatic and accessible and enhance its user experience.This recent launch is followed by Snorkel AI unveiling new data management capabilities in <a href="https:<br>
//sp-edge.com/updates/28894"> April 2024 </a> .</p>

Snorkel AI launches new capabilities for Snorkel Flow platform to accelerate specialization of AI/ML models

Automation and robotics are finally creating solutions for the complexities of doorstep deliveries.

Last-mile Delivery Automation

<div>
 <p>DroneUp, a provider of drone-based delivery services, has disclosed new patented technologies intending to achieve a USD 7 per delivery price point. This includes a proprietary software solution, a winch system, and custom battery packs.</p>
 <p>The proprietary software, called “Uncrew”, is designed to automate flight operations and minimize pilot workload. The winch technology, capable of completing deliveries in less than 30 seconds, is designed for over 40,000 uses. The battery pack incorporates Amprius SiMaxx silicon anode cells, providing extended flight durations and rapid charging.</p>
 <p>The company asserts that these technologies will facilitate large-scale operations with the capacity for up to 100 drones in the air at the same time.</p>
</div>

DroneUp unveils patented technologies for USD 7 drone deliveries

Quantum information processing is slowly becoming a reality, ushering in a new technological era.

Quantum Computing

<div>
 
 <p>Xanadu, a Canadian photonic quantum computing company, and the North American branch of Toyota's Research Institute (TRINA) have joined forces to apply quantum computing in materials science simulations. </p>
 <p>The emphasis of this partnership is the creation of quantum algorithms for better designing and assessing complex materials, notably those involved in quantum sensors and energy technologies. They will specially concentrate on the boron vacancies in hexagonal boron nitride, a crucial system for quantum sensing applications.</p>
 
</div>

Xanadu and Toyota collaborate to enhance quantum computing for materials science simulations

Clear the air on carbon capture, reuse, and storage

Carbon Capture, Utilization & Storage (CCUS)

<div>
 <p>Paebbl, a company focused on building materials utilizing CO2, has successfully raised EUR 22.8 million (USD 25 million) in a recent Series A funding round. This funding was led by VC Capnamic, alongside investments from Amazon's The Climate Pledge Fund, Holcim, 2050, Pale Blue Dot, and a number of family offices. This funding round has brought Paebbl's total acquired funding to USD 33 million.</p>
 <p>The funds procured will be dedicated to launching a demonstration plant in the first half of 2025. The goal for this plant is to enhance production capacity to three tons of product and manage to sequester up to one ton of CO2 daily. Paebbl has plans for expansion of its current hubs situated in Helsinki, Rotterdam, and Stockholm. There is also a plan to inaugurate a new hub in the UK. Paebbl is targeting the construction of a full-scale commercial plant by 2027.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> In <a href="https:<br>
//carbonherald.com/paebbl-announces-first-removed-ton-of-co2/"> June 2024 </a> , the company mineralized its first full ton of sequestered CO2 in building materials at its pilot plant. Over the past two years, Paebbl has moved from gram-scale lab tests to bench-scale trials to a fully operational pilot plant producing 250 kilograms of CO2-storing building material per day and has signed a pre-purchase agreement.</p>

Paebbl raises USD 25 million in Series A funding to commission demonstration plant

<div>
 <p>It is anticipated that Cerebras Systems will postpone its initial public offering (IPO) due to a delay in the US national security review of a minority investment by UAE-based G42. This review is being carried out by the Committee on Foreign Investment in the United States (CFIUS).</p>
 <p>It is important to note that G42's investment in Cerebras accounts for a significant 83% of Cerebras' projected revenue for 2023.</p>
 <p>In an effort to move things forward, Cerebras and G42 have modified their filing to distinguish non-voting securities for G42's investment. They argue that this should not necessitate a CFIUS review. Despite these challenges, the AI chipmaker is optimistic that the CFIUS will approve the G42 deal by 2024. Once approval is granted, the company plans to go ahead with its stock market debut.</p>
</div>

Cerebras expects to delay IPO due to CFIUS review of G42 investment

Foundation Models

<div>
 <p>OpenAI has announced plans to establish its second office in the Asia-Pacific region, specifically in Singapore, in 2024. Following its branches in London, Dublin, and Tokyo, this will be the fourth international office of the company.</p>
 <p>The planned Singapore office is to be dedicated to spearheading advancements in regional collaboration and boosting the performance of AI on GenAI models that are adjusted to understand the unique cultures and languages of Southeast Asia. OpenAI intends to tap into Singapore's rich tech talent base and function as a centre for its Asia-Pacific partners. Furthermore, the company has expressed its intention to work in close collaboration with government partners, aiming to augment AI development in Singapore.</p>
</div>

OpenAI plans to establish regional hub in Singapore by end of 2024

<div>
 <p>Center, a software firm in the expense management arena, has launched Insights for Travel, a novel dashboard in their travel and expense (T&amp;E) solution. Through this, Users are provided a complete outlook of travel expenditure and insights that help in policy compliance and budget management.</p>
 <p>Insights for Travel assimilates real-time data on travel spending, including transactions on various platforms, giving a broad perspective on travel costs. The functionality consists of strategic dashboards presenting deep insights into departmental spend, booking habits, dealings with vendors, and policy compliance, filtered by booking categories like airfare, hotel, and car rentals. It also gives a detailed analysis of project-wise expenses by client, project, or job.</p>
 <p>Center has also enhanced its service by automating the expense procedure with Smart Receipts and digital receipts in line with IRS standards, which are automatically added to expenses having complete transaction data.</p>
 <p>According to Center, Insights for Travel helps finance and travel managers unearth inefficiencies, amend policies in advance, simplify invoicing and budget tracking, and negotiate for better rates with vendors.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This builds on the success of Center's <a href="https:<br>
//www.prnewswire.com/news-releases/center-adds-travel-to-card-first-expense-solution-301958640.html"> recent integration </a> of travel management into its card-led solution, which has seen improved YoY adoption, reportedly including a 2x increase in T&amp;E customers and 50% growth in the company's overall customer base.</p>

Center launches Insights for Travel to provide a unfied expense management experience

Metaverse Experience Platforms

<div>
 <p>Readyverse Studios has introduced Promptopia, a GenAI tool that enables users to create 3D objects and environments in real-time through text prompts. The tool can be accessed via Open and The Readyverse launcher in the Readyverse online game.</p>
 <p>The technology behind Promptopia incorporates multiplayer gaming with AI asset generation. This allows users to design, distribute, and engage in a world developed from their concepts. The tool comprises components of first-person shooter and capture-the-flag games, providing players the ability to manipulate the environment, music and object creation.</p>
 <p>Promptopia employs proprietary AI models, encompassing Futureverse's Altered State 3D model generator and the JEN AI music platform.</p>
</div>

Readyverse launches Promptopia GenAI tool for virtual world creation

<div>
 <p>Decentraland, a social metaverse platform, plans to launch a desktop client as a public beta on October 22. This new client is expected to bring visual enhancements, improved performance, and additional features to the existing game which is played via browser.</p>
 <p>The desktop version will offer more detailed and dynamic environments, improved avatar interactions, and better world map navigation. It will introduce fresh mechanics like a quest and badge achievement system and accommodate a larger number of players concurrently in the same area.</p>
 <p>According to Decentraland, the desktop client will provide quicker load times, higher frame rates, and hosting capability for up to 200 avatars at a same place without any issues. The update will also empower creators to develop more intricate worlds with better-resolution textures.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The update follows <a href="https:<br>
//decrypt.co/108201/after-177-billion-in-investment-why-do-metaverse-graphics-still-suck"> criticism </a> of metaverse platforms, including Decentraland, on their low graphical fidelity, adversely impacting user immersion. Players in the space have been focused on addressing this concern, with Meta rehauling its avatar system to be more complex, alongside <a href="https:<br>
//sp-edge.com/updates/33985"> plans </a> to introduce GenAI features for it from 2025 onward.</p>

All Updates

AWS IAM adds support for passkeys

Fidesic to relaunch Fidesic Free to enhance its free product offering

Snorkel AI launches new capabilities for Snorkel Flow platform to accelerate specialization of AI/ML models

DroneUp unveils patented technologies for USD 7 drone deliveries

Xanadu and Toyota collaborate to enhance quantum computing for materials science simulations

Paebbl raises USD 25 million in Series A funding to commission demonstration plant

Cerebras expects to delay IPO due to CFIUS review of G42 investment

OpenAI plans to establish regional hub in Singapore by end of 2024

Center launches Insights for Travel to provide a unfied expense management experience

Readyverse launches Promptopia GenAI tool for virtual world creation

Decentraland reveals desktop client with significant visual upgrades

Identity & Access Management

AWS IAM adds support for passkeys

Contact us