In this article, we’ll delve into the recent developments surrounding Paytm Payment Services’ opportunity to resubmit their Payment Aggregator license application to the Reserve Bank of India (RBI) and the implications this has on their business operations. Key Takeaways: RBI grants Paytm Payment Services an extension to resubmit its Payment Aggregator license application. Paytm Payment …
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Amidst the AI disruption, The Recording Academy announces only human-composed songs will be Grammy-eligible. Here’s how the music industry navigates AI. Key Takeaways: The Recording Academy rules that only songs “mostly” written and performed by human beings will be considered for Grammy Awards. The organization will accept songs with some AI-generated elements, but the main …
Discover Google’s new AI-powered tool that offers a personalized virtual shopping experience, enabling you to see clothes on different models. Key Takeaways: Google has unveiled a cutting-edge AI tool that allows online shoppers to virtually try on clothes on models of various sizes, ethnicities, and body types. The try-on feature uses Google’s generative AI, trained …
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As the world evolves, so do its financial markets. As such, major players in the industry must continually adapt their strategies to remain competitive. This week, two major financial institutions made announcements related to their operations. Citigroup, a multinational investment bank headquartered in New York City, announced plans to recalibrate its investment banking workforce. This …
Silicon Valley Bank (SVB), a Major Tech Sector Lender, Collapses as Broader Industry Reckoning Continues – Second Largest Bank Failure in US History On Wednesday evening, Silicon Valley Bank (SVB) announced that it was planning to raise $2 billion to strengthen its financial position after suffering losses amid the broader slowdown in the tech sector. …
Amid mounting pressure over concerns that TikTok may be sharing user data with the Chinese government, the social media platform has launched Project Clover, a new data security regime aimed at protecting user information in Europe. Under the new regime, user data will be stored within Europe and placed under tighter access controls, with oversight …
Pepsi, Ally, Mondelēz, and Coty Share Success Stories of High Returns Through Video Game Advertising
Billions are invested by advertisers in video games, as over 50% of the US population engages in gaming. Major brands such as Pepsi and Ally have revealed how they have successfully invested in video games as an advertising medium, despite facing challenges in getting approval across their organizations. Speaking at the IAB Playfronts conference in …
In this article, we’ll look at the reasons behind the recent complaint filed by the Center for AI and Digital Policy (CAIDP) against OpenAI, arguing that the company’s GPT-4 model violates the Federal Trade Commission (FTC) rules against unfair and deceptive practices. Key Takeaways: AI Policy group CAIDP filed a complaint against OpenAI, stating GPT-4 …
In this article, we’ll examine the impressive advancements in quadrupedal robots and how Google’s DeepMind has introduced a new standard to measure their performance. We’ll delve into the reasons behind the development of this groundbreaking benchmark known as “Barkour”, and how it works to accurately assess the capabilities of these four-legged robotic companions. Key Takeaways: …
In today’s article, we delve into the recent appeal made by OpenAI CEO, Sam Altman, to Congress, pleading for the urgent regulation of artificial intelligence. We’ll explore the reasons behind this call to action, the potential impact of this technology, and the proposed methods to safeguard society from potential AI-related harm. Key Takeaways: Congress Urged …
In this article, we’ll examine the reasons behind Google’s recent announcement to incorporate AI chat features in Gmail and Docs and explore how these developments will impact the world of technology. Key Takeaways: Introducing AI Chat to Gmail and Docs: A New Chapter for Google Workspace Google is diving deeper into the realm of generative …
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In this article, we’ll explore the UK government’s plans for regulating artificial intelligence and the reasons behind their unique approach. We’ll also look at the key principles that regulators will consider in order to create a safe and innovative AI landscape in various sectors. Key Takeaways: The UK government introduces guidelines for responsible AI use. …
In this article, we’ll look at the reasons behind Levi’s decision to test AI-generated clothing models and how this move aims to increase diversity and create a more sustainable shopping experience. Key Takeaways: Levi’s partners with Lalaland.ai to create AI-generated fashion models The technology aims to provide a more inclusive and diverse shopping experience AI-generated …
In this article, we’ll examine the reasons behind Twitter’s recent decision to limit the visibility of unverified accounts and its potential impact on users and free speech. Key Takeaways: Twitter’s “For You” feed will no longer recommend content from unverified accounts. Only verified accounts will have their tweets suggested on the timeline for most users. …
In this article, we’ll examine the reasons behind Alphabet’s request for dismissal of the US antitrust lawsuit regarding Google’s online advertising practices and the implications for the tech industry. Key Takeaways: Alphabet seeks dismissal of the US antitrust lawsuit filed by the Justice Department Google denies allegations and requests a hearing to consider the motion …
In this article, we’ll explore the recent development of an AI tool designed to aid in writing NPC dialogue, the impact it could have on the gaming industry, and the potential benefits and drawbacks of such technology. Key takeaways: Ghostwriter focuses on generating “barks” – short, repetitive NPC phrases. The AI tool is intended to …
In this article, we’ll delve into Apple’s recent acquisition of WaveOne, a startup specializing in AI-driven video compression technology, and explore the potential impact on Apple TV+’s streaming capabilities. Key Takeaways: Apple acquires WaveOne, a startup focused on AI-based video compression WaveOne’s technology could enhance the streaming experience on Apple TV+ The startup’s content-aware algorithm …
In this article, we will explore the reasons behind Disney’s decision to cut 7,000 jobs while rewarding shareholders and how this move could impact the company’s future. Key Takeaways: Disney to eliminate 7,000 jobs worldwide Shareholders to receive dividends again Cost-cutting initiative aims for $5.5 billion in savings Job cuts part of larger strategy to …