The Writers Guild of Great Britain (WGGB) has called for the incoming Labour administration to offer better protections in a number of areas. WGGB General Secretary, Ellie Peers, commented: “As the UK wakes up to a new government and chapter in our political history, we call for a better deal for UK writers, who have […]

Samsung Electronics expects profits for Q2 2024 to jump 15-fold compared to the same period last year, attributed largely to the AI boom which has transformed the prices of advanced chips. The South Korean firm is the world’s largest maker of memory chips, smartphones and televisions. The news pushed Samsung shares up more than 2 […]

Channel 4’s consumer investment arm, Channel 4 Ventures, has secured a £3 million (€3.54m) investment into Fy!, an AI powered home and living marketplace. The media-for-equity deal will enable Fy!, which recently acquired independent boutique marketplace Trouva, to tap into audiences for popular Channel 4 home improvement shows such as Grand Designs. By using the […]

Azercosmos has signed a memorandum of understanding with the Chinese technology company Star.vision. The signing ceremony took place at Azercosmos during the visit of the Star.vision company delegation to the Republic of Azerbaijan. The main goal of the memorandum is to engage in strategic cooperation for the joint development and application of the necessary algorithms […]

Telco giant Vodafone is calling for a new Connectivity Union to help accelerate Europe’s digital ambitions and unleash its ability to compete on a global scale. It says that Europe’s future economic success will be underpinned by next-generation connectivity. Only through 5G standalone will European businesses be able to fully capitalise on the industrial value […]

Google’s carbon emissions in 2023 were 48 per cent higher than in 2019, according to its latest environmental report. It says this is down to the hugely increased energy needed by its data centres because of the explosive growth of AI. AI services involve considerably more processing – and therefore power – than standard online […]

A union for Hollywood film and television crew has said has reached a tentative three-year deal with major studios that includes agreed-on pay hikes and guardrails against the use of artificial intelligence (AI). The International Alliance of Theatrical Stage Employees (IATSE), which includes lighting technicians and costume designers, are to ratify the deal with the […]

Ooredoo Group has announced it is becoming an NVIDIA Cloud Partner (NCP), aligned with its strategy of becoming the leading digital infrastructure provider in the MENA (Middle East and North Africa) region. Through this collaboration, Ooredoo is leveraging NVIDIA’s advanced accelerated computing platform to help enable the AI revolution in the region. Capitalising on the […]

Veritone, a specialist in building human-centred enterprise AI solutions, and Engage Digital Partners, the digital sports marketing agency, have announced a multi-year agreement with World Horse Racing to use Veritone’s Digital Media Hub (DMH) as its exclusive AI-powered, intelligent asset management platform. In partnership, Veritone and Engage Digital Partners will utilise DMH to automate the […]

Nvidia, the California-based chipmaker, has become the world’s most valuable company after its share price climbed to an all-time high. The company is now worth $3.34 trillion (€3.11tn), overtaking fellow tech giants Microsoft and Apple, with its price having nearly doubled since the start of 2024. Nvidia’s stock ended the trading day on June 18th […]