Nokia reported a 32% decline in second-quarter operating profit due to weak demand for 5G telecom equipment. However, the Finnish telecoms group anticipates a sales recovery towards the end of 2024, driven by orders from North America. The adjusted profit, which excludes certain charges and asset revaluations for comparability with last year’s results, dropped to […]
News Report
- Artificial Agency
- NPC
A team of ex-Google DeepMind researchers has launched an AI behavior engine designed to enhance the traditional video gaming experience by revolutionizing the behavior and interactions of non-playable characters (NPCs). While many companies are leveraging AI to create more lifelike NPCs, Canada-based Artificial Agency, emerging from stealth mode with $16 million in funding, believes its […]
- Amazon Music
- Deezer
- Spotify
Deezer is the latest music streaming service to unveil an AI-driven playlist feature. Announced on Monday, a select group of paid subscribers can now generate custom playlists using text prompts with Deezer’s new “Playlist with AI” feature. This development follows Spotify and Amazon Music, which recently began testing personalized AI playlist generators with their users. […]
- ChatGPT
- IBM
- OpenAI
For Dinesh Nirmal, the head of IBM Software, a key directive is to integrate generative artificial intelligence (GenAI) into all IBM products and use it to boost developer productivity across global labs. Nirmal sees automation as one of the greatest advantages of GenAI, leading to significant optimizations and productivity improvements. He reports that IBM Software […]
- Funding
- Tech Startups
At the midpoint of 2024, the Romanian innovation ecosystem has exhibited remarkable momentum, with substantial investments flowing from both local and international investors. Compared to the previous half-year review, the total amount raised by the top 10 players has reached €65.5 million, marking an increase of €3.8 million from H1 2023. This diverse group of […]
- OpenAI
- World Chain
OpenAI CEO Sam Altman’s Worldcoin project has introduced a developer preview of World Chain, a new blockchain designed to prioritize human needs and scale with the expanding Worldcoin ecosystem. World Chain, constructed on the OP Stack and integrated with the Worldcoin protocol, aims to provide developers with access to over 10 million users across 160 […]
- Microsoft
- OpenAI
Microsoft has announced it will relinquish its observer board seat at OpenAI, despite having invested over $10 billion in the company and extensively integrating OpenAI’s AI models across its product line. The observer board seat, which did not carry voting rights, was intended for Microsoft to monitor the board’s activities. This seat was secured in […]
- Alphabet
According to The Wall Street Journal, Alphabet is nearing an agreement to acquire Wiz, a cloud cybersecurity startup, for approximately $23 billion. According to unnamed sources, the Google parent company is in advanced negotiations with the four-year-old startup, and a deal is expected soon unless discussions collapse. This would be Google’s largest acquisition, surpassing the $12.5 […]
A recent study reveals that an overwhelming 85% of the global software workforce anticipates utilizing GenAI tools within the next two years. The survey, conducted by Capgemini and involving nearly 2,200 senior executives and software professionals, underscores the extensive adoption of AI among developers. This technology is expected to greatly enhance efficiency. The findings indicate […]