SportsTech Surge: AI Revolution, Olympic Tech, and Esports Milestones

From AI-powered training to Olympic innovations, dive into this week's game-changing developments in sports technology

Another exhilarating week in the world of sportstech has just wrapped up, and the innovations continue to astound. From AI-driven advancements reshaping training methods to groundbreaking Olympic tech and major strides in esports, the industry is evolving at breakneck speed. Lace up your digital cleats as we sprint through this week's highlights:

Image source: European Gaming

1. Bayern Munich’s Vincent Kompany brings new drone tech to the training pitch

2. Symplify, the Stockholm-based company for CRM and AI cloud solutions, partnered with sports betting and gaming platform, WiseGaming

3. PSG launched "Concorde": its digital collectibles platform for fans worldwide

4. Scottie Pippen tokenizes historic 1991 NBA championship ball 

5. Trail Blazers integrate artificial intelligence AI into their business and staff 

6. Sportstech platform KheloMore raised $2 million in a Pre-Series A funding round

7. Alibaba Cloud and the Olympic Broadcasting Services announced the launch of AI-powered broadcast production network for Olympics

8. Team USA shooting athletes using sensor technology to improve shooting at the Olympics 

9. Olecoin launches tap-to-earn fantasy football game on Chiliz Chain with Diego Lugano as an Olecoin ambassador

10. Real sports gaming platform Game Theory raises undisclosed funding from Pullela Gopichand and others

11. Paralympian tennis player carried Olympic torch with the help of an AI-powered robotic exoskeleton

12. Ghent University researchers enhance Olympic track cyclists performances with sensors and AI

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    Image source: META

14. Meta discussed the future of fan engagement through their AI assistant and new Super Fan initiative

15. IOC enters a new era with the creation of Olympic Esports Games

16. NIP Group Inc., a leading esports organisation announced closing of its Initial Public Offering (IPO)

17. SportsBetting.Ai launched new AI tool for sports betting, SportsBetFunding.ai.

18. Pixellot announced a strategic partnership with KT Skylife to revolutionise sports broadcasting landscape in Korea

19. The Texas Legends, NBA G League affiliate of the Dallas Mavericks, announced multiyear partnership with Streakers Gaming

    

    Image source: SONY

20. The NFL and Sony announced a partnership, naming Sony as an official technology partner, which includes Sony's Hawk-Eye Innovations

21. Bryson DeChambeau joins biomechanics startup Sportsbox AI as new partner

22. The American Hockey League partners with fan engagement company FanCompass on multi-year deal

23. Australia’s sports technology sector worth AUS$4.69bn in 2024, according to a study by the Australian Sports Technologies Network (ASTN)

24. DuelNow, a decentralised sports betting market, closed an $11 million funding round led by GEM Digital Limited

25. IDVV announced that its WITech division is set to launch Winners Waygers, an AI-based sports service for fantasy leagues and professional sports

26. Portland Trail Blazers and Evolv Technology announced their partnership to bring AI-based screening designed to help create safer experiences to Moda Center

27. Manchester United launched Player Trading Cards and Fantasy United, a Web3-powered fantasy football game

28. Betterguards announced the launch of its latest ankle brace technology product, the BetterGuard 2.0 

29. The Indiana Pacers won the Prestigious 2024 NBA Changemaker of the Year Award for its partnership with Spokenote and their scannable code patch

30. Golf Digest partners with Mustard to launch an AI-Powered platform, Mustard Golf which helps golfers improve their swing

    

    Image source: NBC Universal

31. NBCUniversal introduces OLI, an AI-powered logic system that helps viewers watch their favourite live events

32. MLS All-Star Festivities showcase the future of soccer technology with “Future of the Game Showcase”

33. Cosm announced its raise of over $250 million in funding for its “Shared Reality" venues

34. Shot Scope, the company in advanced GPS, rangefinder and shot tracking technology, secured $8.5m in Series B funding, led by Guinness Ventures

35. Batbox, a TX-based baseball entertainment concept, raised $7.3m in series A funding round

36. Wearable technology and AI made its first appearance to assist athletes in the 2024 DOD warrior games

37. AE Live, a global provider of data and broadcast solutions, announced a partnership with the International Institute of Information Technology Hyderabad (IIITH)

38. The Saudi Esports Federation Museum showcases the history and achievements of esports in the Kingdom

39. HONOR announced a partnership with SuperSport United FC, aiming to empower the club with cutting edge technology

    

    Image source: Sportcal

40. Stats Perform announced the launch of OptaAI Studio, an AI-powered data and statistical insight solution

41. AE Live, the UK-based sports broadcast graphics company, extended its partnership with Australian commercial broadcaster Channel Nine

What a whirlwind of sportstech action this week! AI is revolutionising everything from training techniques to broadcast production, while the upcoming Olympics are set to showcase cutting-edge innovations. Meanwhile, esports continues its meteoric rise with major investments and even the creation of Olympic Esports Games. The fusion of sports and technology is accelerating, promising an exciting future for athletes, fans, and industry professionals alike.

As we look ahead, I can't help but wonder what groundbreaking developments next week will bring. Stay ahead of the game by sharing this newsletter with fellow sports and tech enthusiasts. Together, we're building a community that's always one step ahead in the fast-paced world of sportstech. Until next time, keep your eye on the ball and your mind on the future!