In an era where artificial intelligence (AI) is transforming industries, ElevenLabs stands at the forefront of innovation. Their recent endeavor brings Judy Garland’s voice back to life, combining technology with nostalgia. This renaissance of Judy Garland’s voice is nothing short of extraordinary. Through sophisticated AI algorithms, ElevenLabs has allowed the voices of bygone stars to […]
China leads in genAI patents, US in advanced AI, says WIPO report
In a recent report, the World Intellectual Property Organization (WIPO) highlighted significant trends in the Artificial Intelligence (AI) sector over the past decade. With 54,000 Generative AI (GenAI) inventions recorded, China’s contribution stands out prominently, registering over 38,200 patents compared to nearly 6,300 from the United States. This surge, especially marked in the last year, […]
Australia moves top secret data to Amazon cloud
In a significant shift, the Australian government has decided to transfer its highest-level classified data to Amazon’s cloud service. With this move, Australia joins a growing list of countries relying on cloud technology for secure storage of sensitive information. Rachel Noble, Director General of the Australian Signals Directorate, emphasized the importance of using artificial intelligence […]
Meta’s Threads hits 175 million users in the first year
In a noteworthy milestone, Meta’s Threads has garnered an astonishing 175 million users within its first year. The platform’s early success story underscores its significant traction despite the absence of advertising and minimal revenue streams. Meta’s Threads stands out due to its integration with the Fediverse, enabling cross-platform interaction. This unique feature likely contributed to […]
Russia considers cryptocurrencies for international payments amid Western sanctions
The Russian government is considering the use of cryptocurrencies for international payments amid ongoing Western sanctions. This potential shift in financial strategy marks a significant departure from the country’s previous stance on digital currencies, a development that could reshape the global financial landscape. Historically, the Russian Central Bank has had a cautious approach towards cryptocurrencies, […]
Shiseido Wins Max Mara Fragrance License
Japanese beauty giant Shiseido is expanding its fragrance portfolio. On Thursday, the Tokyo-based company announced a “long-term” agreement with Italian fashion house Max Mara to develop, produce, market, and distribute branded fragrances. This marks Max Mara’s return to the fragrance market after discontinuing its scent line in the mid-2000s. Shiseido’s Licensing Strategy This collaboration adds […]
AI boom propels US venture capital funding to new heights
The surge in AI technology investment has propelled U.S. venture capital (VC) funding to unprecedented heights. In the second quarter of 2024, U.S. venture capital funding reached a remarkable $55.6 billion. This surge, primarily driven by the AI boom, has set the stage for significant transformations across multiple sectors. A pivotal factor behind the spike […]
Meta’s new strategy: AI-powered gaming experiences
Meta has unveiled a formidable shift in strategy, steering its focus towards AI-powered gaming experiences to bolster its metaverse ambitions. By integrating Generative AI into Virtual Reality (VR), Augmented Reality (AR), and mixed reality games, Meta aims to revolutionize the user experience, particularly within its Horizon worlds. The integration of AI is set to heighten […]
Kyutai’s Moshi challenges OpenAI’s ChatGPT
In a significant move in the artificial intelligence sector, Kyutai has announced its new AI platform, Moshi, as a direct competitor to OpenAI’s ChatGPT. This strategic development is backed by considerable investment, amounting to €300 million from notable figures such as Niel, Rodolphe Saadé, and Eric Schmidt. Moshi’s models and research will be released as […]
Using AI to leverage disaster responses and healthcare shortages
A new study explores how integrating social media with artificial intelligence (AI) can transform disaster response and aid communication for victims. Social media’s reach is unparalleled, offering real-time updates and a wealth of user-generated data. When combined with AI, it can significantly enhance disaster management efforts. AI’s power to analyze vast amounts of data means […]