🚗 AI-powered parking platform raises $1.7B to progress legacy infrastructure
PLUS: The Rural Movie Drama MidJourney Prompt
Martin Crowley & Arturo Ferreira
October 06, 2023
Premium // Sponsorship // Consulting
Welcome to AI Tool Report!
Every week we give away free access to premium AI tools through the AITR Insider Program. This week we’re giving away 1 year of ChatGPT Plus; all you have to do is take part in polls and look out for the following symbol:
🥇🥇🥇
_______________________________________________________________
Today:
🚗 AI-powered parking platform raises $1.7B to progress legacy infrastructure
Read Time: 4 minutes
Our Report: AI-powered parking platform Metropolis secured $1.7B to acquire SP Plus, and revolutionize parking. Monumental acquisitions such as this one highlight the growing influence of AI—especially in transforming conventional, legacy industries.
🔑 Key Points:
The substantial funding round marks a significant leap towards infusing AI with parking management and has been pivotal in expanding Metropolis's footprint across North America—where they now boast over 2M parking spaces, and manage over 3,300 facilities.
This transaction isn't merely a business expansion; it's a testament to the potential of AI in redefining the customer experience in mundane tasks like parking. Their propriety platform enables a “drive in and drive out” where users are automatically charged to their account based on computer-vision recognition systems.
Furthermore, a collaborative venture with Uber, called Uber Park, where users pay within the app rather than city meters—highlights the growing influence of AI in parking.
The potential expansion into other transaction domains like EV charging stations, drive-thrus, and retail, underscores Metropolis's vision to transcend the parking niche and create a ubiquitous transaction platform through AI.
🤨 Why you should care: This acquisition highlights the escalating influence of AI in modernizing/streamlining conventional industries. We’ve already seen huge advancements/adoption in warehousing, med-tech, transport & logistics, and we’ll likely see mass automation on an even grander scale in the coming decade…
In Partnership with Guidde
Guidde is the generative AI platform that lets anyone in your team create how-to videos and visual documentation in seconds for your employees and customers.
You can edit the video and audio, as easily as editing a presentation and embed them anywhere: Zendesk, ServiceNow, Gmail, Slack, Confluence, and much more.
Here are a few examples and demos of how you can use Guidde:
Training and onboarding
New feature announcements
Getting started kits
FAQ
Integrations and much more
DigitalGenius is your AI customer service assistant for retailers that resolves customer queries in seconds ✨
CourseBox uses AI to create education courses in <1 hour
Synthesis helps you create AI-generated content at scale
TryPencil helps you create award-winning ads 10x faster
ProPhotosAI acts as your digital AI photographer
✅ Ignite your creativity (we were featured in Forbes)
copy & paste ⬇️
"Generate 30 bold new ideas for [insert desired output, for example, social media posts about your product] in a dynamic brainstorming session. Before we begin, ask me questions, one by one, about the information you need to come up with the ideas. When you have the information required, generate five ideas and ask me what I think before creating another batch.”
🎨 Artist Highlight: Tatiana Tsiguleva
💎 Prompt Share: Rural drama movie --ar 21:9
#midjourney
— Tatiana Tsiguleva (@ciguleva)
Oct 5, 2023
Following Google's move to label deceptive AI-generated political ads, US lawmakers have scrutinized Meta and X for lacking similar rules against AI-generated political deepfakes.
In an exclusive interview with Forbes, Mira Murati (OpenAI's CTO) reflects on her pivotal role in developing ChatGPT and DALL-E, significantly contributing to OpenAI's evolution from a nonprofit research lab to a booming AI product company (over $1B in revenue this year).
Her efforts have led to monumental growth, with ChatGPT amassing over 100M users within two months post-launch (the fastest-growing app in history).
Fujitsu and Riken have successfully developed Japan's second quantum computer, featuring 64 qubits (quantum bits), to improve quantum computing technology by minimizing errors.
This initiative is part of a global race to advance quantum computing, where companies like IBM & Google pour billions into advancing the technology (because it’s 158 million times faster than the fastest supercomputer ever).
The AI Tool Report just became the fastest-growing AI newsletter in the world, with 350,000+ readers working at companies like Apple, Meta, Google, Microsoft, and many more. We are now taking limited bookings for products that are a good fit. Book your ad spot by clicking here
🇪🇺 UN launches AI supervision protocols; collaborating with nations
📹 Google Deepmind unites researchers to monitor robot actions
🧠 An AI-powered app for reflection and human connection
💰 Amazon made over $1B with an illegal algorithm
🚗 Generating realistic driving videos with prompts
🥇 AITR INSIDER POLL 🥇
Have you tried Guidde's free extension?Extra credit for telling us your thoughts on it |
We read your emails, comments, and poll replies daily.
Hit reply and let us know what you want more of!
Until next time, Martin & Arturo.
What'd you think of this edition? |
