Latest Disney Accelerator Backs AI, VR, Autonomous Vehicles

The Walt Disney Company has selected five companies to be in its annual Accelerator program, three of them AI startups, one in robotics and one developing VR. The program, now in its tenth year, identifies promising new tech companies to benefit from Disney funding and mentorship in exchange for an inside track on talent and acquisitions. The class of 2024 includes AudioShake, which leverages AI to aid in mixing and dubbing audio tracks for mixing or dubbing; ElevenLabs, which has a text-to-speech app for GenAI voicing; and Promethean AI, a digital archives search platform that informs prototype design. Continue reading Latest Disney Accelerator Backs AI, VR, Autonomous Vehicles

MWC: Motorola and Lenovo Demonstrate Smart Connect App

Motorola and Lenovo have teamed up on Smart Connect, a Windows 11 app that aims to make moving between devices and sharing content across digital ecosystems a seamless experience. The software solution is designed to make workflows “uninterrupted,” a goal of busy multitaskers. “Smart Connect eliminates disruptions when transitioning between compatible devices by seamlessly connecting core devices like phones, tablets and PCs,” the companies said, explaining it will allow users to “easily amplify everything displayed on their phones onto a bigger screen.” For example, games, movies and TV shows can be moved from phones to TVs. Continue reading MWC: Motorola and Lenovo Demonstrate Smart Connect App

Lenovo Unveils Transparent Laptop and AI Portables at MWC

Lenovo made waves at the Mobile World Congress in Barcelona this week, debuting a transparent laptop that is evoking science fiction metaphors and, some say, pointing to a new direction in computing. Lenovo hailed the concept ThinkBook product as an “industry first,” complete with a borderless 17.3-inch MicroLED transparent display, providing a “see-through” experience. Lenovo also touted its AI-powered portables, including a new ThinkPad T14 Gen 5 and ThinkBook 14 2-in-1 Gen 4, both featuring Intel Core Ultra processors “for the next wave of personalized business computing.” Continue reading Lenovo Unveils Transparent Laptop and AI Portables at MWC

MWC: Qualcomm Unveils AI Hub and Promotes 5G, 6G Tech

Qualcomm raised the curtain on a variety of artificial intelligence, 5G, and Wi-Fi technologies at Mobile World Congress Barcelona, which runs through Thursday. The San Diego-based chip designer unveiled an AI Hub it says will help developers create voice-, text- and image-based applications using pre-optimized AI models. Qualcomm’s flagship AI chips — the mobile Snapdragon 8 Gen 3 processor and the PC-centric Snapdragon X Elite — were announced last year. With the first splash of products now heading to market the company is promising to push the boundaries of 5G and 6G. Continue reading MWC: Qualcomm Unveils AI Hub and Promotes 5G, 6G Tech

New Chinese Optical Disc Promises Petabyte-Plus of Storage

Researchers at China’s University of Shanghai for Science and Technology have invented an ultrahigh density optical disc format they claim can store up to 1.6 petabits — more than 1,500 terabytes, or 125,000 gigabytes — of data. While the new discs are said to look like typical Blu-rays, the data is written to one hundred layers in a 3D stacking architecture by a 54-nanometer laser that is about one-tenth the size of visible light waves. The same laser is used to read the data back. The tech is said to present “a promising solution for cost effective, long-term archival data storage.” Continue reading New Chinese Optical Disc Promises Petabyte-Plus of Storage

Florida Pushes Forward a Social Media Ban for Kids Under 16

Florida’s legislature has passed a bill banning children younger than 16 from having social media accounts despite some pushback from Governor Ron DeSantis, who said he will be wrestling with whether to sign the measure into law. Due to a procedural requirement, DeSantis will have to sign or veto the proposed legislation before lawmakers conclude the current session in a matter of weeks. He has expressed dissatisfaction with the lack of a provision to let parents override the restriction, which would curtail access to the most popular sites, potentially impacting TikTok, Instagram, Facebook, Snapchat and YouTube. Continue reading Florida Pushes Forward a Social Media Ban for Kids Under 16

Justice Department Appoints Jonathan Mayer Chief AI Officer

Jonathan Mayer has been named the Justice Department’s first chief science and technology advisor and will also hold the title chief artificial intelligence officer, another first. The announcement was made by Attorney General Merrick Garland, who said “the Justice Department must keep pace with rapidly evolving scientific and technological developments in order to fulfill our mission to uphold the rule of law, keep our country safe, and protect civil rights.” Mayer will advise Garland and department leaders and collaborate with other departments “on complex issues requiring technical expertise,” including cybersecurity, AI and other areas of emerging technology. Continue reading Justice Department Appoints Jonathan Mayer Chief AI Officer

Reddit Announces IPO on Heels of Expanded Deal with Google

Community message board and social news aggregator Reddit, founded in 2005, has filed to go public on the New York Stock Exchange in an IPO observers say may be complete in a matter of weeks. It is the first social media company to go public in many years, with Snap Inc.’s 2017 offering cited as the most recent stock market splash. Reddit’s bankers are reportedly seeking a $5 billion valuation, about half the $10 billion it was valued at for a 2021 private funding round. Reddit filed with the SEC the same day it announced an “expanded partnership” with Google to use Vertex AI. Continue reading Reddit Announces IPO on Heels of Expanded Deal with Google

Qloo Raises $25M for Ad-Targeting Using AI Taste Predictions

New York-based Qloo has raised $25 million to fund an artificial intelligence-powered analytics engine. Drawing on consumer behavioral data from around the globe, Qloo uses proprietary algorithms to filter through more than half a billion attributes, including brands, music, film, TV, podcasts, dining, travel and more. Qloo’s AI models “are capable of identifying trillions of connections between these entities,” the company says, listing Netflix, Michelin and Samsung among those already using the service to find connections between customers who frequent Starbucks and the kind of movies they like. Continue reading Qloo Raises $25M for Ad-Targeting Using AI Taste Predictions

Nvidia Revenue and Profits Soar on Strength of AI Chip Sales

Demand for artificial intelligence computer chips drove Nvidia income up 769 percent to nearly $12.3 billion for Q4, year-over-year, and 286 percent — to just over $29.7 billion — for the full-year fiscal 2024 frame that ended January 28. Revenue was $22.1 billion (+265 percent) and $60.9 billion (+126 percent) for the respective periods. Data center sales hit record highs of $18.4 billion for the quarter, up 409 percent from the previous year, $47.5 billion for the fiscal year, an increase of 217 percent. Gaming revenue was flat for Q4, at $2.9 billion, and up 115 percent for the year. Continue reading Nvidia Revenue and Profits Soar on Strength of AI Chip Sales

Apple Sports App Provides Stats, Real-Time Scores and More

Apple Sports is a new free app for iPhones that delivers real-time scores, stats and more via a GUI designed by Apple. Available to download from the App Store in the U.S., Canada and UK, the app currently tracks Major League Soccer, Premier League soccer, the National Basketball Association, men’s and women’s NCAA basketball, and the National Hockey League, among others. More sports will be added over time, Apple said, mentioning Major League Baseball and the National Football League. The concept is designed to keep fans continuously connected to their favorite teams while driving Apple TV tune-in. Continue reading Apple Sports App Provides Stats, Real-Time Scores and More

Filmmakers Purchase the Historic Village Theatre in Westwood

A group of filmmakers led by Jason Reitman has purchased the 93-year-old Village Theatre in Westwood, an architectural gem that currently boasts one of the largest screens in Los Angeles. Originally opened as the Fox Westwood Village in 1931 and operated since 2010 by the Regency Theatres group, the structure’s unusual combination of Spanish Mission and Art Deco design earned it a Los Angeles Historic-Cultural Monument designation in 1988. After it was put on the market last year, Reitman gathered more than three dozen backers, including Steven Spielberg, Judd Apatow, J.J. Abrams, Christopher Nolan, Alejandro González Iñárritu and Alexander Payne. Continue reading Filmmakers Purchase the Historic Village Theatre in Westwood

Nielsen: TV Viewership Hits Four-Year High Led by YouTube

The NFL playoffs coupled with heavy streaming and the return of scripted broadcast programming sent January television viewership to a four-year high, according to Nielsen’s The Gauge, which charted a 1.4 percent viewership increase year-over-year — described as noteworthy in a month in which the NFL playoffs typically drive viewership higher. January 2024 included three of the top 10 highest-viewership TV days since The Gauge debuted in May 2021. YouTube continued its streaming dominance for the twelfth consecutive month, with 8.6 percent of January TV streaming viewership, according to The Gauge. Netflix was number two at 7.9 percent. Continue reading Nielsen: TV Viewership Hits Four-Year High Led by YouTube

ElevenLabs Promotes Its Latest Advances in AI Audio Effects

“What if you could describe a sound and generate it with AI?,” asks startup ElevenLabs, which set out to do just that, and says it has succeeded. The two-year-old company explains it “used text prompts like ‘waves crashing,’ ‘metal clanging,’ ‘birds chirping,’ and ‘racing car engine’ to generate audio.” Best known for using machine learning to clone voices, the AI firm founded by Google and Palantir alums has yet to make publicly available its new text-to-sound model but began teasing it by releasing online demos this week. Some see the technology as a natural complement to the latest wave of image generators. Continue reading ElevenLabs Promotes Its Latest Advances in AI Audio Effects

Walmart Bolsters Advertising Business with Vizio Acquisition

Walmart is acquiring Vizio in a deal valued at $2.3 billion. The retail giant is following a template established by Amazon by expanding into entertainment media and connected TV advertising. The majority of Vizio’s growth from the last five years has come from ads on its WatchFree+ platform, which offers more than 260 channels, Walmart said touting a deal point. Vizio’s primary business is manufacturing value-priced TV sets. It also makes soundbars. The deal will instantly vault Walmart into a mix of players including Amazon, Roku, Samsung Ads and Google’s YouTube. Continue reading Walmart Bolsters Advertising Business with Vizio Acquisition