Artificial Intelligence
Global advertising revenue to hit US$1 trillion in 2026 as streaming services look to consolidation and live sports to drive growth: PwC Global Entertainment & Media Outlook 2024-28
* Global entertainment & media (E&M) industry revenues rose 5% to US$2.8 trillion in 2023 and projected to hit $3.4 trillion in 2028 * Advertising revenues projected to top $1 trillion in 2026, with revenues in 2028 to represent double the revenues of 2020 * Streaming service usage and uptak...
2024-07-16 14:00
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Global advertising revenue to hit US$1 trillion in 2026 as streaming services look to consolidation and live sports to drive growth: PwC Global Entertainment & Media Outlook 2024-28
* Global entertainment & media (E&M) industry revenues rose 5% to US$2.8 trillion in 2023 and projected to hit $3.4 trillion in 2028 * Advertising revenues projected to top $1 trillion in 2026, with revenues in 2028 to represent double the revenues of 2020 * Streaming service usage and uptak...
2024-07-16 14:00
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Fujitsu and Cohere launch strategic partnership and joint development to provide generative AI for enterprises
The companies will develop innovative Japanese LLM for private cloud usage through Fujitsu Kozuchi AI services KAWASAKI, Japan, July 16, 2024 /PRNewswire/ -- Today, Fujitsu announced a strategic partnership with Cohere Inc., a security and data privacy-focused enterprise AI company headquartered...
2024-07-16 13:21
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Tencent Cloud Maintains the position of a Challenger in the 2024 Gartner® Magic Quadrant™ for Communications Platform as a Service
HONG KONG, July 16, 2024 /PRNewswire/ -- Tencent Cloud, the cloud business of global technology companyTencent, today announced its recognition as a Challenger in the 2024 Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS). In terms of its ability to execute,Tencent Cloud h...
2024-07-16 12:44
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DIFISOFT and Quantit Forge Strategic Partnership to Revolutionize AI-Based Financial Solutions in Southeast Asia
HANOI, Vietnam, July 16, 2024 /PRNewswire/ -- DIFISOFT, a leading Vietnamese fintech company, has signed a Memorandum of Understanding (MOU) with Quantit, a renowned South Korean AI fintech company. This strategic partnership aims to develop and introduce innovative AI-driven financial investment...
2024-07-16 10:00
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Nuix Appoints Vice President of Sales UK
SYDNEY, July 15, 2024 /PRNewswire/ -- Leading provider of investigative
analytics and intelligence software, Nuix,today announced the appointment of
Aidan Troy as Vice President of Sales UK.
2024-07-16 07:27
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WiMi Announced a Genetic Algorithm-based Consensus Algorithm for Blockchain
BEIJING, July 15, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain consensus algorithm based on genetic algorithm. The genetic algorithm is applied to the co...
2024-07-15 21:30
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Everise launches EverAI Labs in partnership with GenAI industry experts Sharath Keshava and Dr. Andrew Maas
PALO ALTO, Calif., July 15, 2024 /PRNewswire/ -- Everise today announced its partnership withSharath Keshava, serial entrepreneur, to launch EverAI Labs. Aimed at transforming the complete agent journey and theUS$400 billion customer experience industry, EverAI Labs will unveil its integrated age...
2024-07-15 21:00
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Telin and BW Digital to enhance DC-to-DC connectivity with new Indonesia - Singapore cable
SINGAPORE, July 15, 2024 /PRNewswire/ -- PT Telekomunikasi Indonesia International (TELIN) and BW Digital have announced a strategic partnership to develop and construct the Nongsa-Changi submarine cable system linking Batam and Singapore. The memorandum of understanding (MoU) for this joint ventu...
2024-07-15 19:12
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Henry Zhang, Chairman & CEO of TUGE Technologies, Delivers Keynote at MWC 2024 on Mobile IoT Trends
SHANGHAI, July 15, 2024 /PRNewswire/ -- At the Mobile World Congress (MWC 2024) held inShanghai, Henry Zhang, Chairman and CEO of TUGE Technologies, delivered a keynote speech titled "Globalization of IoT Industry." He discussed the future directions of the mobile Internet of Things (IoT) industr...
2024-07-15 18:49
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Hisense Group President Presents Strategic Roadmap for Company's Future Success
QINGDAO, China, July 15, 2024 /PRNewswire/ -- Hisense, a global leader in home appliances and consumer electronics, today unveiled its ambitious growth plans at its Partner Conference inBerlin, held just ahead of the EURO 2024™ finals. Fisher Yu, Hisense Group President, delivered a keynote addre...
2024-07-15 15:13
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Yarooms Launches Yarvis, the AI-Powered Workplace Assistant
BUCHAREST, Romania, July 15, 2024 /PRNewswire/ -- Yarooms, the creator of workplace experience software, is launching a beta version of Yarvis, the AI-powered workplace assistant set to revolutionize team interactions with their workspaces. Yarvis embodies the latest advancement in workplace AI,...
2024-07-15 15:00
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HIX.AI Announces Major Product Pivot to AI Search Engine, Rivaling Perplexity
SINGAPORE, July 15, 2024 /PRNewswire/ -- HIX.AI, a leading innovative solution
provider in the artificial intelligence field, today announced a fundamental
shift in its major product offering. The company is pivoting from its flagship
AI writing product to anAI search engine
2024-07-15 12:34
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Quantum-Systems Inc. Awarded Two Contracts by Commonwealth of Australia for DEF129-SUAS, Totaling AUD $90 Million
* Vector/Scorpion 2-in-1 sUAS selected to provide Australian Army enhanced situational awareness and increased force protection * Queensland-based Quantum-Systems Australia responsible for in-country contract execution and fostering economic development withinAustralia MOORPARK, Calif., July ...
2024-07-15 10:30
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/C O R R E C T I O N -- Microsoft Singapore/
In the news release, Copilot+ PCs from Microsoft Surface set to bring AI-powered experiences toSingapore, issued 11-Jul-2024 by Microsoft Singapore over PR Newswire, we are advised by the company that the 14th row of the pricing table, should read "1TB" rather than "512GB" as originally issued i...
2024-07-12 20:42
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ASIA'S SUPPLIERS GROWING AT THE FASTEST PACE SINCE EARLY 2023, AS GLOBAL MANUFACTURING GATHERS FURTHER MOMENTUM IN JUNE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
* Global suppliers report capacity pressures, with index in positive territory for a second consecutive month * Asian manufacturing growth accelerating in Mainland China, Taiwan, Vietnam andIndia * In contrast, demand at North American suppliers fell slightly because of lower orders, indica...
2024-07-12 20:17
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Shoplazza's Self-Developed Engine: Ushering in a New Era of Cross-Border E-Commerce
TORONTO, July 12, 2024 /PRNewswire/ -- In the wake of rapid digitalization, advanced technologies like big data and artificial intelligence are transforming the landscape. Independent websites have gained new relevance in this era. As generative AI reshapes numerous industries, cross-border E-co...
2024-07-12 16:22
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Youdao's Large Language Model Ziyue Takes Center Stage at World AI Conference
HANGZHOU, China, July 11, 2024 /PRNewswire/ --Youdao introduced its latest smart device, theYoudao Dictionary Pen X7, at the World AI Conference on July 4, 2024, in Shanghai. This launch marks a significant step forward in the field of integrated tutoring, utilizing artificial intelligence to exp...
2024-07-12 10:00
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IFS Unveils Global AI Optimism League Table
* Despite global leadership in AI, respondents from the UK and USA were least optimistic about realizing benefits quickly from AI * Norway ranks most optimistic about AI Future * Countries that have invested in AI skills are more optimistic about AI * Organizations that are architecturally-...
2024-07-11 20:19
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Asian Institute of Chartered Bankers (AICB) and The Association of Banks in Malaysia (ABM) Host 3rd Edition of Malaysian Banking Conference: Transformative Potential of GenAI in Shaping Future of Malaysian Banking
KUALA LUMPUR, Malaysia, July 11, 2024 /PRNewswire/ -- The Malaysian banking industry is at the forefront of a revolutionary transformation as it embraces the power of generative artificial intelligence (GenAI) in redefining banking operations, risk management, customer experiences and capacity bu...
2024-07-11 20:18
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