By
Paula ParisiOctober 5, 2023
Microsoft would like to make OneDrive “the center of your files experience in Microsoft 365.” Sixteen years after the cloud-based storage platform was launched, it “hosts trillions of files, with nearly 2 billion more files added every day,” the company says. The result is OneDrive source files sprawling across the entire Windows ecosystem — extending to SharePoint libraries, traveling as attachments and exchanged through Teams chats. Now Microsoft is adding AI Copilot integration and AI and, overall, making it easier to find things in what it calls the next generation of OneDrive. Continue reading OneDrive 3.0 Aspires to Become Main Windows File Manager
By
Paula ParisiOctober 2, 2023
In a move to put “generative AI at the fingertips of every business, from startups to enterprises,” Amazon Web Services is commercially rolling out the Bedrock service it announced in April. Bedrock offers a wide range of foundation models from Amazon’s own Titan to products from Anthropic, Stability AI and soon Meta Platforms. The fully managed Bedrock service makes its generative FMs operable through a single, simple API. This means customers can experiment with various leading FMs and customize simple apps in-house, without the need for a third-party diving into their proprietary data. Continue reading AWS Rolls Out Bedrock Generative AI Service, Adds Llama 2
By
Paula ParisiOctober 2, 2023
Nvidia’s Picasso continues to gain market share among visual companies looking for an AI foundry to train models for generative use. Getty Images has partnered with Nvidia to create custom foundation models for still images and video. Generative AI by Getty Images lets customers create visuals using Getty’s library of licensed photos. The tool is trained on Getty’s own creative library and has the company’s guarantee of “full indemnification for commercial use.” Getty joins Shutterstock and Adobe among enterprise clients using Picasso. Runway and Cuebric are using it, too — and Picasso is still in development. Continue reading Getty GenAI Tool for Images and Video Is Powered by Nvidia
By
Paula ParisiSeptember 29, 2023
Enterprise software firm SAP is launching its own AI assistant named “Joule,” which will be embedded throughout the company’s cloud portfolio, offering users contextualized insights across SAP apps and third-party sources on both desktop and mobile platforms. The German business solutions giant has an estimated 300 million global enterprise users using its software for applications related to managing human resources, finance, supply chain, procurement and customer experience, as well as the underlying SAP Business Technology Platform. Continue reading SAP Plans to Launch Its New AI Assistant ‘Joule’ in November
By
Paula ParisiSeptember 26, 2023
Amazon has entered into a strategic investment in San Francisco-based Anthropic, founded by former members of OpenAI. The AI startup will train and deploy future models using AWS Trainium and Inferentia chips to train and deploy future foundation models with AWS as its primary cloud provider. In turn, Amazon says it will invest up to $4 billion in Anthropic, as it strives to compete with other technology firms in the race to develop generative AI, seeding growth for what is shaping up to be an entirely new economic and social landscape. Continue reading Amazon Plans to Invest Up to $4 Billion in AI Startup Anthropic
By
Paula ParisiSeptember 25, 2023
Cisco is poised to make its biggest acquisition ever, with an agreement in place to buy cybersecurity firm Splunk for $28 billion. Cisco, which turns 30 next year, is a global leader in the manufacture of computer networking equipment. Splunk is a 20-year-old company with more than 1,100 patents and a business built around keeping systems and data safe, resolving technical issues and minimizing the risk of hacks, most recently introducing new AI-based services. The companies expect the deal to close in late 2024. Cisco CEO Chuck Robbins says the deal will be financed with a combination of cash and debt. Continue reading Cisco to Acquire Cybersecurity Firm Splunk in $28 Billion Deal
By
Paula ParisiSeptember 18, 2023
Blackmagic Design’s new Blackmagic Cinema Camera 6K is the company’s first with a full-frame sensor. Its 6,048 x 4,032 pixels of native resolution is almost three times the resolution of Super 35, says Blackmagic, which is positioning the $2,595 device as a “large format cinema camera image quality in a portable, lightweight body.” The Cinema 6K abandons the Canon EF mount for L-Mount coupling and greater lens options, and 13 stops of dynamic range with dual native ISO up to 25,600 delivers low noise images in conditions from bright sunlight to “almost no light at all,” according to the company. Continue reading Blackmagic Intros Cinema Camera 6K with Full Frame Sensor
By
Paula ParisiSeptember 13, 2023
While mainly used by creators for extreme sports photography, the tiny GoPro Hero had its close-up moment in 2015’s “The Martian” to capture the effect of driving a rover across the surface of Mars. It was also used for some action shots in 2021’s “The King’s Man.” Changes to the new Hero 12 Black bring the action cam closer to something storytellers might want to try. Upgrades include the GoPro Enduro battery, with up to 2x longer runtime than its predecessor, and the Max Lens Mod 2.0 accessory, which enables a vast 177-degree field-of-view at 4K/60 fps. Continue reading GoPro’s Hero 12 Black Offers Something for Pros and Creators
By
Paula ParisiAugust 31, 2023
Google is making many of its most powerful cloud computing tools available commercially for the first time, Google Cloud CEO Thomas Kurian shared at the company’s Cloud Next ’23 conference in San Francisco. In a bid to catch up with top AI rivals such as Amazon and Microsoft, the Google Distributed Cloud will open for general business including at the edge with Vertex AI and PaLM 2. Google Cloud will serve up AI from Anthropic, in which it is an investor, as well as from Meta Platforms. In addition, an AI-infused Gmail productivity suite is on the way. Continue reading Google Takes on the Competition with Cloud and AI Services
By
Paula ParisiAugust 24, 2023
VMware and Nvidia have joined forces on “VMware Private AI Foundation with Nvidia,” a fully-integrated solution designed to bring generative AI training and deployment to enterprise clients running on VMware’s hybrid cloud infrastructure. The full-stack product will provide software, compute power and everything needed to fine-tune large language models using proprietary data. “Together with Nvidia, we’ll empower enterprises to run their generative AI workloads adjacent to their data with confidence while addressing their corporate data privacy, security and control concerns,” said VMware CEO Raghu Raghuram. Continue reading VMware and Nvidia Are Bringing Generative AI to Enterprises
By
Paula ParisiAugust 16, 2023
Netflix continues to expand its game ecosystem. The company released a TV game controller for iOS devices earlier this month and has just begun beta testing its game streaming on TVs in Canada and the UK, with plans to begin tests for computer play in the coming weeks. Participating in the tests are partner devices including Amazon Fire TV Streaming Media Players, Chromecast with Google TV, LG TVs, Nvidia Shield TV, Roku devices and TVs, Samsung Smart TVs, and Walmart Onn, with plans for more manufacturers to be added on an ongoing basis. Continue reading Netflix Beta Tests Its Game Streaming on TVs and Computers
By
Paula ParisiAugust 15, 2023
Amazon plans to enable palm-scan payments at the company’s 500-plus U.S. Whole Foods stores by year’s end with enrollment in Amazon One. Amazon Fresh grocery stores, select Panera restaurants, some stadiums and concert venues, and even a few Starbucks locations are said to be participating in the rollout. Amazon introduced hand-scanning sensor technology in 2020 in a bid to rival Google and Apple in the digital wallet sector. The e-retail giant now has the scanners installed in about 400 locations, some 150 of which are third-party owned, like the Hudson Group airport stores and Coors Field in Denver. Continue reading Amazon Palm-Scan Payment Plan to Challenge Apple, Google
By
Paula ParisiAugust 11, 2023
Ransomware attacks have surged in the 12 months ending in June 2023, with the United States accounting for 43 percent of the 1,900 attacks reported — 7x greater than that of the second most popular target, the United Kingdom, at 196. The period marked a 75 percent increase in U.S. ransomware attacks, which were perpetrated by 48 different groups including CL0P, a gang believed to have ties to Russia. U.S. companies, governmental organizations and individual consumers were targeted during the period, with healthcare and educational institutions disproportionately impacted, according to a study by cybersecurity firm Malwarebytes. Continue reading U.S. Impacted by Significant Increase in Ransomware Attacks
By
Rob ScottAugust 11, 2023
Massachusetts-based editing software and services company Avid Technology has entered into an agreement with an affiliate of private equity firm STG for an all-cash transaction valued at approximately $1.4 billion, including Avid’s net debt. Unanimously approved by Avid’s board of directors, the deal is expected to close during the fourth quarter of 2023. Upon completion, Avid will become a privately-held company and its stock will no longer be traded on the Nasdaq exchange. The transaction, which will be financed through equity and debt financing, is subject to Avid stockholder and regulatory approvals. Continue reading Private Equity Firm STG Plans to Acquire Avid for $1.4 Billion
By
Paula ParisiAugust 10, 2023
Charlie Ergen, founder and chairman of the Dish and EchoStar satellite broadband companies is merging the two units in an all-stock deal he says will better position his empire to compete with AT&T and Verizon in the market for next-generation wireless services. Dish, which operates Boost Mobile, currently has a deal with T-Mobile for 5G. FactSet places Dish’s current market value at just above $4 billion and EchoStar at nearly $2 billion. “This is a strategically and financially compelling combination that is all about growth and building a long-term sustainable business,” said Ergen. Continue reading Dish, EchoStar to Merge in Play for Next-Gen Wireless Market