Apple has reportedly acquired France-based AI startup Datakalab, specializing in AI and computer vision technology. It is expected to help Apple bolster the AI features it is readying for iOS 18.
Vercel acquires ModelFusion.dev and launches AI SDK 3.1, offering a comprehensive framework for enterprise AI development with TypeScript.
Come for the comments about AI. Stay for the earnings call. That will most likely be the pattern of big tech earnings over the next two weeks as companies prioritize technology over financial reporting. It was the case when Meta reported Wednesday (April 24). And it was the case for Alphabet when it reported its […]
Value accretive transaction underpinned by €2.4 billion (NPV) of readily
British AI unicorn Synthesia has launched its new generation of AI avatars, promising truly human-like digital speakers. Synthesia CEO Victor Riparbelli said traditional AI avatars, including those made by his own company, have always struggled to capture the nuance of human facial expressions and emotions. The London-based startup, which raised £71.4m last June in a […]
Verizon is crediting flexible price plans and streaming bundles for its slowing customer losses. The wireless provider on Monday (April 11) reported that it lost 68,000 monthly wireless phone subscribers during the first quarter of 2024. According to a report by CNBC, that was compared to a loss of 127,000 in the first quarter of last year. The company has said that its myPlan […]
Amazon is scheduled to post quarterly earnings after the bell on Tuesday,
A British startup today unveiled new AI humans that blur the line between the virtual and the real. Synthesia calls the digital beings "Expressive Avatars." They promise the most realistic emotional expressions on the market. Generated by an AI model that's trained on footage of real actors, the avatars are built for video creation. Users simply enter a text prompt and the synthetic humans read them out on a screen. The photorealistic renders are certainly impressive. But what makes them...
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology. The Redmond, Washington-based software giant has beaten rivals Amazon and Google-parent Alphabet to the market with AI services including the Copilot, a set of genAI tools that work in Microsoft's business apps, that was rolled out in...
A bumpy road ahead for Tesla. It’s been a dramatic few days at the automotive company, with thousands of job cuts, product recalls, sinking sales, and plummeting stock prices. And now, all eyes are on its Q1 earnings call that will reveal the moment of truth for the firm. Closer home, travel distribution company TBO Tek Ltd and flexible workspace solutions firm Awfis Space Solutions Ltd have received a go-ahead from the markets regulator Securities and Exchange Board of India to raise funds...
The U.S. military said it has completed the first “AI dogfights” pitting a manned F-16 against an artificial intelligence-controlled aircraft in the skies above Edwards Air Force Base in California.
Apple has acquired the Paris-based artificial intelligence startup Datakalab amid its push to deliver on-device AI tools. Datakalab specializes in algorithm compression and embedded AI systems. The acquisition, finalized on December 17 last year, was quietly conducted but noted in a European Commission filing spotted by French publication Challenges (via iPhoneSoft). While the financial details of the transaction remain undisclosed, the move is almost certainly part of Apple's broader...