<div>
  <ul>
    <li>
      <p>
        Simpli.fi, a demand-side ad platform (DSP), announced a partnership with Spaceback, a content creation platform specializing in social display ads. As a result, Simpli.fi&rsquo;s clients with a social media presence would now be able to automatically convert social media posts into display banner ads of varying sizes.&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        Spaceback&rsquo;s platform integrates with DSPs such as Simpli.fi&rsquo;s, allowing users to track reactions and comments in real time to gauge ad performance and boost performance and efficiency.
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        Spaceback offers an automated content creation platform for translating social media posts into programmatic display banner ads. The firm supports all major social media platforms, including Facebook, Instagram, TikTok, Twitter, LinkedIn, and Pinterest. Brands using Spaceback&rsquo;s platform include Coca-Cola, Audi, BMW, Subway, and BP.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.prnewswire.com/news-releases/simplifi-announces-social-display-ad-creation-capabilities-via-partnership-with-spaceback-301472782.html">
      Press release
    </a>
  </p>
  <p>
    <a href="https://www.spaceback.com/">
      Spaceback&nbsp;
    </a>
  </p>
</div>


Marketing Automation

Simpli.fi partners with Spaceback, adding social display ad creation capabilities

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
  <p>Bloomreach, a marketing cloud for retail and ecommerce brands, has introduced a new product named Omniconnect. This product enables businesses to incorporate data from third-party platforms directly into their Bloomreach engagement.</p>
  <p>The primary role of Omniconnect is to utilize webhooks to transform data from third-party platforms into a form that is compatible with Bloomreach Engagement. This includes data from customer support, payment and processing systems, loyalty programs, and booking systems.</p>
</div> <p><b>Analyst QuickTake</b> :<br>
 Bloomreach's launch of Omniconnect represents a strategic move to expand its ecommerce personalization platform, designed to improve its capabilities by facilitating the integration of third-party platform data. The move aligns with Bloomreach's ongoing commitment to strengthen its offering. Over the past year, the company has refined its <a href="https:<br>
//sp-edge.com/updates/17696"> SMS marketing solution and introduced new features </a> to streamline marketing campaigns. In addition, Bloomreach's <a href="https:<br>
//sp-edge.com/updates/19370"> collaboration with Contentsquare </a> solidifies its efforts to deliver highly personalized marketing campaigns.</p>

Bloomreach launches Omniconnect for third-party platform data integration

Making meat sustainable over the long term.

Cell-cultured Meat

<div>
 <p>Meatly, previously known as Good Dog Food, is a British company specializing in pet food. They have recently launched a new product - a protein-free culture medium, priced at GBP 1, roughly USD 1.3, for every liter. This product aims to provide a less expensive solution for producing cell-cultured meat.</p>
 <p>Interestingly, the components that this culture medium does not contain include serums, elements derived from animals, microcarriers, steroids, hormones, growth factors, and antibiotics. Instead, it is composed of ingredients that are safe for food consumption.&nbsp;</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The prices of culture media significantly impact the industry's viability, affecting production costs and consumer prices. The industry has made significant strides in this area and has brought down the prices of culture mediums from thousands of dollars to around <a href="https:<br>
//new-harvest.org/good-food-institute-essential-8-culture-media/"> USD 376.80 </a> . However, to make cultivated meat commercially viable, the cost may need to be reduced to around <a href="https:<br>
//cen.acs.org/food/Inside-effort-cut-cost-cultivated/101/i33"> USD 1 per liter or less </a> , which Meatly has achieved with its new development.</p>

Meatly unveils affordable protein-free culture medium for cultivated meat production

Empowering sustainable food innovation through food engineering tech

Novel Foods

<div>
 <p>Meatly, previously known as Good Dog Food and based in Britain, has launched a new protein-free culture medium. The product, priced at 1 GBP (~1.3 USD) per liter, provides a more cost-effective option for cell-cultured meat production.</p>
 <p>The culture medium does not contain serums, component derived from animals, microcarriers, steroids, hormones, growth elements, or antibiotics. It is made using ingredients that are safe to use in food.&nbsp;</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The prices of culture media significantly impact the industry's viability, affecting production costs and consumer prices. The industry has made significant strides in this area and has brought down the prices of culture mediums from thousands of dollars to around <a href="https:<br>
//new-harvest.org/good-food-institute-essential-8-culture-media/"> USD 376.80 </a> . However, to make cultivated meat commercially viable, the cost may need to be reduced to around <a href="https:<br>
//cen.acs.org/food/Inside-effort-cut-cost-cultivated/101/i33"> USD 1 per liter or less </a> , which Meatly has achieved with its new development.</p>

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

Plant-based Meat

<div>
 <p>Chunk Foods is a plant-based meat producer set to launch Chunk Slabs and Chunk Cubes at the National Restaurant Association Show in Chicago. The company's meat alternatives mimic the look, taste, and cooking experience of animal meat, and can be used in existing dishes.</p>
 <p>The Chunk Slab, weighing more than 3 lbs, is intended as an alternative to brisket and is the largest plant-based meat slab so far. The Chunk Cubes offer a versatile option for foods like salads and bowl toppings.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This new product development follows the company’s <a href="https:<br>
//sp-edge.com/updates/25922"> USD 7.5 million </a> seed extension round and expansion into the Latin American market in <a href="https:<br>
//sp-edge.com/updates/25922"> partnership </a> with Sigma Alimnetos. Chunk Foods primarily serves the foodservice sector, and these new items will help the company attract new customers.</p>

Chunk Foods to launch new plant-based beef products

Building future-ready applications in the cloud

Cloud-native Tech

INCUMBENTS_PRESENT

<div>

<p>Red Hat, an open-source solutions provider, has launched the Red Hat Enterprise Linux AI (RHEL AI) platform. This platform supports the development, testing, and deployment of GenAI models.</p>
<p>The RHEL AI includes IBM Research's Granite LLM and tools from the InstructLab model alignment based on the LAB methodology. Key features also comprise of an accessible open-source community, a bootable RHEL image for server deployments across hybrid clouds, and integration into Red Hat's OpenShift AI for scalable execution across distributed cluster environments.</p>

</div> <p><b>Analyst QuickTake:<br>
</b> Red Hat is positioning itself as a key player in the evolving AI ecosystem by focusing on open-source development, providing an end-to-end AI platform, embracing a hybrid cloud approach, and building partnerships to democratize AI innovation. This new product aims to lower barriers for developers to build and contribute to open-source AI models, aligning with their belief that the future of AI will depend on community-driven, open-source software.&nbsp;</p>

Red Hat launches Red Hat Enterprise Linux AI platform

<div>
 <p>Riverbed, an observability and analysis company, has released a new AI-powered observability platform. The platform is designed to tackle challenges in various IT setups such as public cloud, remote work, zero-trust architectures and SD-WAN architectures.</p>
 <p>The platform encompasses data across the IT structure of the customer from networks, IT infrastructure, applications, user experience to the cloud. It makes use of AI for processing and analyzing information from this data and third-party tools to pinpoint root causes and initiate automatic corrections.</p>

</div>

Riverbed introduces AI-powered observability platform

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

Last-mile Delivery Automation

<div>
 <p>Autonomous vehicle technology developer, Motional, is postponing its plans for a commercial driverless robotaxi service from 2024 to 2026. This change is resultant from a restructuring process the company is undergoing in order to refine its technology, business model, and preserve funds.</p>
 <p>In addition to this, restructuring will also lead to a decrease in employee count. The company is yet to declare the exact figure of staff members affected by this decision.</p>
 <p>Motional is suspending its operations, including autonomous rides in Las Vegas which were provided through<a href="https://sp-edge.com/updates/13614"> Uber </a> , <a href="https://sp-edge.com/updates/12419"> Lyft </a>, and a delivery service in Santa Monica with<a href="https://sp-edge.com/updates/10438"> Uber Eats </a>.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Hyundai invested nearly USD 1 billion in Motional <a href="https:<br>
//sp-edge.com/updates/29057"> earlier in May </a> —increasing its stake to 85%—following <a href="https:<br>
//sp-edge.com/updates/26156"> Aptiv’s decision </a> to reduce its investment due to the high costs of commercializing robotaxi technology. We believe the recent funding would help Motional to further refine its technology and relaunch operations in the future.</p>

Motional delays commercial robotaxi launch until 2026 to restructure operations and refine technology; suspends current operations

AI, robotics, and IoT to streamline the flow of goods and information

Logistics Tech

<div>
 <p>AI-based parcel handling robotics company, Plus One Robotics, has introduced "InductOne," an automated dual-arm robotic solution for better handling and induction of parcels in distribution centers and warehouses with high volumes.</p>
 <p>InductOne claims to pick rates up to 2,300 per hour and on its peak, it can reach 3,300 picks per hour, stating to be 10% faster than similar offerings. The system employs advanced gripper technology to manage various parcel shapes and sizes, and evades non-conveyable items to increase operational reliability.</p>
 <p>Featuring a compact, lightweight, and modular design, InductOne can be integrated into pre-existing facilities easily with little to no modifications needed.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> Plus One Robotics has been keen on expanding its product portfolio, and today’s launch of InductOne marks the second product launch this year, following the launch of its <a href="https:<br>
//sp-edge.com/updates/27446"> “Individual Cup Control Gripper” (ICC Gripper) </a> and other updates to enhance depalletization and induction processes. ICC Gripper is also pitched as an induction solution and uses AI-powered software to pick and separate parcels using the optimal arrangement of suction cups.</p>

Plus One Robotics unveils 'InductOne,' a dual-arm automated parcel induction system

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

<div>
 <p>Autonomous shuttle operator, Beep, has teamed up with Sustainability Partners and the Hawaii Department of Transportation (HDOT) for an 18-month pilot of autonomous shuttles at the Daniel K. Inouye International Airport in Honolulu.</p>
 <p>The pilot involves the use of four electric, autonomous shuttles, each capable of carrying up to 11 passengers. These shuttles will enhance the airport's existing shuttle service, ensuring regular and efficient transportation between airport gates.</p>
 <p>Sustainability Partners is supporting this program by supplying the electric vehicles and the necessary charging infrastructure.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Today’s partnership marks the first deployment of Beep’s autonomous shuttles in Hawaii. However, Beep has previously partnered with other state and city transportation authorities, including <a href="https:<br>
//sp-edge.com/updates/21639"> the North Carolina Department of Transportation (NCDT), </a> <a href="https:<br>
//sp-edge.com/updates/17971"> Contra Costa Transportation Authority (CCTA; California), </a> &nbsp;and <a href="https:<br>
//www.traffictechnologytoday.com/news/autonomous-vehicles/usas-largest-ever-public-autonomous-shuttle-deployment-announced-in-jacksonville.html"> Jacksonville Transportation Authority (Florida) </a> for various deployment pilots in respective geographies.</p>

Beep partners to launch autonomous shuttle pilot in Honolulu Airport, Hawaii

<div>
 <p>Foretellix, an Israel-based company that develops verification and validation platforms for advanced driver assistance systems (ADAS) and autonomous vehicles (AVs), has announced a partnership with Chinese car manufacturer Geely. Their collaboration is aimed at fostering the large-scale deployment of AVs, focusing on enhancing safety, efficiency, and reducing R&amp;D costs.</p>
 <p>As part of their partnership plans, Geely will incorporate Foretellix's “Foretify” platform into its testing and validation processes. This integration enables synthetic data generation, automated testing, and virtual simulation analysis, aiding the advanced testing process.</p>
 <p>This joint venture is expected to aid Geely in identifying and dealing with intricate AV scenarios more rapidly, thereby enhancing operational design domain (ODD) coverage. As a result, the speed of AV commercialization should increase, getting these advanced vehicles to market faster.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Foretellix reportedly serves “dozens” of large automotive companies, including Volvo Group and DENSO Corporation, and today’s collaboration will add Geely to the list.</p>

All Updates

Bloomreach launches Omniconnect for third-party platform data integration

Meatly unveils affordable protein-free culture medium for cultivated meat production

Meatly unveils affordable protein-free culture medium for cultivated meat production

Chunk Foods to launch new plant-based beef products

Red Hat launches Red Hat Enterprise Linux AI platform

Riverbed introduces AI-powered observability platform

Motional delays commercial robotaxi launch until 2026 to restructure operations and refine technology; suspends current operations

Plus One Robotics unveils 'InductOne,' a dual-arm automated parcel induction system

Beep partners to launch autonomous shuttle pilot in Honolulu Airport, Hawaii

Foretellix and Geely partner for safe and efficient large-scale deployment of autonomous vehicles