What happened in Sports AI last week?
- Wimbledon will replace Line Judges with AI starting in 2025. But the decision has received widespread criticism that tech is ruining the drama of sport including other examples such as VAR. What are your thoughts?
- The Sports tech market generated US$34.2bn during the first half of 2024. M&A deals trebled in value against second half of 2023 to hit US$27.3bn. Wearable tech specialists generated the most value in private transactions (42 per cent of all deals).
- AI-Powered Sports Content is moving fast:
- German football club, Borussia Dortmund (BVB), has entered a multi-year agreement with WSC Sports to utilise the company’s artificial intelligence (A) powered sports content technology.
- Genius Sports will power AI-generated in-game highlights at the SoFi Stadium.
- Video content creation platform Frammer AI has announced securing a $2 million to expand Frammer’s offerings into sports and entertainment and investing in data-training for its areas of focus. It can take long-form video and automatically create a short.
- Eyeball.Club, the newest player in the AI-powered soccer talent scout market, has announced the successful closing of a €5 million seed round which will fuel the company’s expansion into US and Latin American markets.