Walmart's AI Leadership, Google Cloud's $1T Market Forecast, and Mastercard's AI Innovations - Daily AI Brief #241

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Welcome to today's AI Brief.

Walmart is expanding its AI leadership by introducing new executive roles, aiming to enhance its technological capabilities. Meanwhile, Google Cloud has projected that the AI market could reach $1 trillion by 2040, highlighting significant growth potential in the sector. Mastercard is also making strides by expanding partnerships and launching an AI Card Design Studio.

In other news, Anthropic has introduced sub-agents for Claude Code, and Bitfount has secured €6.8 million to advance federated AI in clinical research. Additionally, Olto has raised $5.1 million for its AI Demo Engineer, and Ryt Bank has partnered with Provenir to enhance AI risk decisioning capabilities.

Walmart Creates New AI Executive Roles

Google Cloud Predicts $1 Trillion AI Market by 2040

Mastercard Expands Partnerships and Launches AI Card Design Studio

Anthropic has introduced 'sub-agents' for its Claude Code platform to boost developer productivity, while Bitfount secured €6.8 million to enhance federated AI in clinical research. Olto raised $5.1 million for an AI demo engineer to improve B2B sales, and Ryt Bank partnered with Provenir for AI-driven banking services. Amazon invested $12 million in Cambridge Terahertz to combat return fraud, and Trunk Tools raised $40 million for AI in construction. Bonsai Robotics acquired farm-ng to advance AI agriculture, and the State of Delaware launched an AI Sandbox for responsible innovation.