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AI

Google goes nuclear to power AI centres

Google plans to purchase nuclear energy from multiple small modular reactors (SMRs) to be developed by Kairos Power in order to power its artificial intelligence (AI) data centres. The initial phase of work is intended to bring Kairos Power’s first SMR online by 2030, followed by additional reactor deployments through 2035. Overall, this deal will […]

October 15, 2024

Microsoft chief heads UK council for creatives, AI

Microsoft UK CEO, Clare Barclay, has been appointed chair of the Industrial Strategy Advisory Council, heading up the UK government’s strategy on key sectors, including the creative industries and AI. “Whilst we fully embrace the industries of today, we must also have a clear plan for future growth, and the advisory council will play a […]

October 14, 2024

Study: Telcos lead in GenAI use and investment

The telco industry is leading the way in generative AI (GenAI) adoption, according to a study of global senior key decision makers including in the UK & Ireland. The study, conducted earlier this year by Coleman Parkes Research and commissioned by SAS, surveyed 1,600 GenAI strategy and data analytics decision-makers globally to pulse check major areas […]

October 10, 2024

Deutsche Telekom looks to AI for market growth

Deutsche Telekom has outlined its growth plans for the next few years. Global economies of scale and the systematic use of artificial intelligence (AI) are to play a key role, as well as a data-driven business model. Specifically, based on the financial figures for 2023, the Group expects average annual growth of around 4 per […]

October 10, 2024

Vodafone, Google strengthen partnership

Vodafone and Google have announced a ten year strategic expansion of their existing partnership to bring new services, devices, and TV experiences to millions of Vodafone’s customers across Europe and Africa, supported by Google Cloud and Google’s Gemini models. The agreement will bring storage, security, and AI assistance to Vodafone’s customers in 15 countries, as […]

October 9, 2024

Lemma, Taiv strategic partnership

Lemma, an omnichannel platform for emerging media, and Taiv, an AI-powered innovative video technology company, have announced a strategic partnership that will transform venue-based and connected TV (CTV) advertising. This alliance combines Lemma’s advanced programmatic capabilities with Taiv’s technology for high-impact video ads in bustling bars and restaurants. This partnership marks a significant leap forward […]

October 9, 2024

Report: Humans lead AI in subtitling, translation

ZOO Digital, a provider of localisation and media services such as subtitling, translation, dubbing and scripting, has published its white paper on Artificial Intelligence (AI), giving an insight into how the revolutionary technology is bringing transformation in its market. The paper examines the fundamental questions of: · Can AI replace humans? · What are the […]

October 8, 2024

ShowHeroes Group acquires Vidds

ShowHeroes Group, a player in digital video advertising and CTV solutions, has announced the acquisition of Vidds, an AI-powered video creation and editing platform, for an undisclosed fee. Founded in 2020 by Ed Thomas and Andrew Walters, Vidds has gained recognition for simplifying and accelerating the video creation process, empowering creators with advanced AI tools […]

October 8, 2024

Google unveils AI video search

Google has rolled out a new feature which will allow users to search the internet by taking a video on their smartphone. Video search will let users point their camera at something, ask a question about it, and get search results. Android and iPhone users globally can gain access to the feature by enabling ‘AI […]

October 4, 2024

OpenAI closes $6.6bn funding round

OpenAI, the maker of ChatGPT, has raised $6.6 billion (€5.98bn) in its latest funding round. Funding came from the likes of new investor Nvidia, as well as returning investors Microsoft and venture capital firms Thrive Capital and Khosla Ventures. It is also reported that Altimeter Capital, Fidelity, SoftBank and Abu Dhabi’s state-backed investment firm MGX […]

October 3, 2024