Nvidia has teamed up with Abu Dhabi investment firm MGX to establish what they’re predicting will be Europe’s largest AI data center complex. The partners have also reached out to French firms with a goal of creating a 1.4 gigawatts capacity campus near Paris. The announcement was made at the Choose France Summit in Versailles in a joint statement with investment firm Bpifrance SACA and regional AI startup Mistral AI. On a related note, Cisco chose France as the location for one of its Global AI Hubs, planting a flag for the development of energy-efficient, AI-ready infrastructure. Continue reading Nvidia, Cisco Plan Massive AI Data Center Projects in France

Disney revenue hit $23.6 billion during the recent quarter, a 7 percent increase year-over-year, with net income vaulting to $3.28 billion, up from a $20 million loss during the same period last year. The results outperformed on the top and bottom lines, sending shares surging by about 10 percent on Wednesday morning. Disney’s strong fiscal second quarter was propelled by better-than-expected Disney+ subscriber growth of +1.4 million subscribers and energetic overall performances in Entertainment as well as Experiences. The icing on the earnings cake was news of a new theme park planned for Abu Dhabi, announced by CEO Bob Iger. Continue reading Disney Reports Strong Quarter, Announces New Theme Park

As part of a larger push to boost its global subscriptions, Google’s YouTube is pilot-testing a discounted two-person Premium plan with select users in France, Hong Kong, India and Taiwan. The tier’s pilot program, which allows users to share their YouTube Premium or YouTube Music Premium membership with another household member (13 years or older) without committing to a family plan, comes as the platform looks to diversity beyond its advertising business. YouTube is testing whether the plan, similar to the Duo offering from music streamer Spotify, would be appealing to couples or roommates looking to minimize costs while maintaining separate accounts. Continue reading YouTube Tests Two-Person Premium Tier to Help Grow Subs

French video game publisher Ubisoft has created a subsidiary focused on three of its most iconic and narratively cohesive brands: the worlds of the time-shifting actioner “Assassin’s Creed,” anthology mystery “Far Cry,” and tactical combat thriller “Tom Clancy’s Rainbow Six.” Essentially a spin-off unit, Ubisoft has secured backing from its minority investor Tencent, which is plowing $1.25 billion into the new venture. The Chinese game giant — sixteenth on the Companies Market Cap list of the world’s most valuable companies, at $593 billion as of this month — in September 2022 upped its stake to 10 percent of Ubisoft. Continue reading Tencent Builds on Ubisoft Stake with $1.25B for New Venture

Voodoo, the French app publisher behind mobile games like “Helix Jump” and “Crowd City” has purchased social network BeReal for $537 million. Paris-based BeReal was launched in 2020, focusing on “authentic interactions,” but didn’t gain widespread popularity until 2022 when it captured the imagination of Gen Z. According to Voodoo, the platform now has more than 40 million active users, largely concentrated in the U.S., Japan and France. The new owner says it will invest in BeReal and plans to “accelerate its growth” using Voodoo’s “expertise and technologies,” adding that the acquisition “accelerates its diversification into consumer apps.” Continue reading Mobile Game Publisher Voodoo Acquires Social App BeReal

France has been pursuing Big Tech and Microsoft and Amazon are among the first to express interest. Microsoft has committed $4.3 billion to expand cloud and AI infrastructure there, sharing plans to bring as many as 25,000 advanced GPUs to France by the close of 2025. The software giant will also train one million people for AI and data jobs while supporting 2,500 AI startups over the next three years. Meanwhile, Amazon announced that it would invest up to $1.3 billion to expand its existing footprint of 35 logistics facilities in the country. The deals were announced Monday during the Choose France summit hosted by French President Emmanuel Macron. Continue reading Microsoft, Amazon Commit to Expanding Operations in France

Paris-based startup Mistral AI has made an immediate splash in the world of artificial intelligence, securing partnerships with IBM, Microsoft and others nine months after its launch. The company is offering natural language processing models, including its flagship Mistral Large, which becomes only the second LLM (after OpenAI) to land a commercial berth on Microsoft’s Azure cloud, where Meta Platforms’ Llama 2 is available in preview. Boasting “top-tier reasoning capacities” and sophisticated conversational capabilities, Mistral Large specializes in “reasoning, analysis and generation (RAG), is multilingual and supports up to 32,000 tokens.” Continue reading France’s Mistral AI Makes Its Global Debut on Microsoft Azure

Germany, France and Italy have reached an agreement on a strategy to regulate artificial intelligence. The agreement comes on the heels of infighting among key European Union member states that has held up legislation and could potentially accelerate the broader EU negotiations. The three governments support binding voluntary commitments for large and small AI providers and endorse “mandatory self-regulation through codes of conduct” for foundation models while opposing “un-tested norms.” The paper underscores that “the AI Act regulates the application of AI and not the technology as such” and says the “inherent risks” are in the application, not the technology. Continue reading Germany, France and Italy Strike AI Deal, Pushing EU Forward

New York-based facial recognition software company Clearview AI has had a $9.1 million fine and order to delete UK citizen data reversed by Britain’s General Regulatory Tribunal. The case against Clearview was brought by the UK Information Commissioner’s Office, which scored a victory round in May 2022, claiming Clearview violated privacy laws under the General Data Protection Regulation because it did not inform or gain consent of UK citizens before collecting their data. Clearview appealed, and the tribunal found that the selfie-scraping AI firm was not subject to the ICO’s jurisdiction due to a loophole for firms servicing foreign law enforcement. Continue reading Facial Recognition Firm Clearview AI Wins Appeal of UK Fine

Netflix can chalk up another solid quarter, with Q3 revenue of $8.5 billion, up 8 percent year-over-year, with 9 million new subscribers for a total of 247 million worldwide. Netflix attributes the strong subscriber growth in part to its ongoing password-sharing crackdown. The company has now officially rolled out what it calls “paid sharing” in all regions in which it operates, reporting that there were fewer resulting cancellations than expected. Rather, it says it has largely effectuated its desired result of converting piggybacking customers into paid subscribers. Meanwhile, Netflix is raising its rates as it continues to add originals and “license titles from around the world.” Continue reading Netflix Raising Rates After Profitable Q3, Subscriber Growth

Universal Music Group and Deezer have set Q4 as the launch date for a new, artist-centric streaming royalty model the companies jointly developed. Indie streaming platform Deezer will launch the concept model in its native France in Q4 2023. The companies conceived the new compensation methodology as part of a previously announced collaboration, using “deep data analysis” for an outcome they say “better reflects the true value of artist-fan relationships.” Calling streaming “the most significant technology advancement in music in many years,” the partners conclude “a flood of uploads with no meaningful engagement” has necessitated reassessment. Continue reading Universal, Deezer to Reinvent Music Streaming Royalty Model

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

Deezer, the global music streaming platform based in France, claims to have developed a technique for flagging — and potentially deleting — songs that use artificial intelligence to simulate the performance of popular singers. “We need to take a stand now,” Deezer CEO Jeronimo Folgueira said in an interview. “We are at a pivotal moment in music.” His company plans to “weed out illegal and fraudulent content” in an effort to protect artists. Deezer’s detection technology is still under development. It relies on AI, which Folgueira said he is not against if it is used ethically. Continue reading Deezer Says Its Tech Can Flag and Delete Deepfake AI Tunes

Leaders at the G7 Summit in Hiroshima, Japan, are calling for discussions that could lead to global standards and regulations for generative AI, with the aim of responsible use of the technology. The chief executives of the world’s largest economies — which in addition to the host nation include Canada, France, Germany, Italy, the UK, the U.S. (and additionally the EU) — expressed the goal of forming a G7 working group to establish by the end of the year a “Hiroshima AI process” for discussion about uniform policies for dealing with AI technologies including chatbots and image generators. Continue reading G7 Leaders Call for Global AI Standards at Hiroshima Summit

OpenAI is readying ChatGPT Business, a new subscription tier “for professionals who need more control over their data as well as enterprises seeking to manage their end users.” Pricing plans have yet to be disclosed for ChatGPT Business, which will be rolling out in the coming months, but OpenAI said it will adhere to the company’s API’s data usage policies, which means that by default end users’ data would not be used to train its models. The business plan was mentioned as part of an announcement disclosing that all ChatGPT users now have the ability to turn off their chat history. Continue reading OpenAI Previews ChatGPT Business, Unveils Privacy Controls