Paramount Names Scale AI CFO Dennis K. Cinelli to Board of Directors
His appointment expands the new post-merger board to 11 directors. Source: Paramount Names Scale AI CFO Dennis K. Cinelli to Board of Directors
Luma AI and Adobe Partner to Distribute New Generative Video Model
Ray3, the companies hope, can become a staple to rival Google Source: Luma AI and Adobe will release Ray3 to the public
Cinema Owners In North America Have Invested $1.5 Billion In Their Theaters Throughout The Past Year
This industry total includes re-investment of $920 million from the eight largest circuits in the United States and Canada. A year ago, those same eight circuits alone pledged their commitment to invest more than $2.2 billion to modernize and upgrade … Continued
AI Gold Rush or Bubble? Tech’s Trillion-Dollar Question
AI-Fueled Market Surge: AI enthusiasm has driven a massive stock market boom. Tech giants known as the “Magnificent Seven” (Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla) now account for over one-third of the S&P 500’s value – a level … Continued
Alibaba’s AI Chip Coup: How a Blockbuster Deal Is Turbocharging China’s Tech Ambitions
Alibaba lands major AI chip client: Chinese state media CCTV revealed that China Unicom, the country’s second-largest wireless carrier, has signed on to deploy Alibaba’s in-house AI chips (branded as Pingtouge or “T-Head” accelerators) in a massive new data center. … Continued
Amazon and Netflix Ink Major Advertising Deal
In a significant advertising deal, Amazon and Netflix are partnering to bring inventory from the streaming service’s ad-supported tier to Amazon’s DSP (demand side platform).The new integration will begin in Q4 and be available to marketers and ad buyers in … Continued