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Amazon Alexa Has Now Been Upgraded With Generative AI

The famous voice assistant can adjust its tone and express emotions including excitement and surprise.

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amazon alexa has now been upgraded with generative ai

Amazon has announced an AI upgrade for Alexa that will make the voice assistant even more helpful. “Our latest model has been specifically optimized for voice and the things we know our customers love — like having access to real-time information, efficiently controlling their smart home, and getting the most out of their home entertainment,” explained Dave Limp, SVP of devices and services at Amazon.

The new generative AI model can also adjust its tone and responses, losing the robotic voice and expressing more realistic emotions like excitement, laughter, and surprise.

“The capabilities deliver unique experiences based on the preferences that you’ve shared, the services that you’ve interacted with, and the information about the environment in and around your home,” says Limp. “The new model will allow you to surface personal reminders. For example, it can help you with recently played music or even come up with recipe recommendations based on your grocery purchases”.

Also Read: Google Is Developing An AI Cancer-Spotting Microscope

In addition to the AI upgrade, Alexa now has the ability to continue conversations without the user saying “Alexa”. Overall, the latest upgrade should offer a richer, more convincing experience combined with improved functionality.

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

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mamo completes $3.4 million funding round to enhance fintech services
Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.

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