By
Paula ParisiAugust 14, 2023
The National Football League is raising the price of its streaming service, NFL+, now in year two, as live streams of the NFL Network and NFL RedZone cable channels are becoming part of the package. Cost of the premium plan will be $14.99 a month (or $99.99 per year), up 50 percent from $9.99, with the bundled NFL Network and its exclusive regular-season games, and fan-favorite RedZone, which carries live action from all Sunday afternoon games. A subscription to NFL+ with only the NFL Network added will increase 40 percent to $6.99 per month (or $49.99 per year), from $4.99. The changes will coincide with the start of the new season on September 10. Continue reading NFL+ Boosts Prices as It Bundles with NFL Network, RedZone
By
Paula ParisiAugust 10, 2023
Google has debuted Project IDX, an AI-enabled development environment for building full-stack web and multiplatform apps. Comparing app development that works across mobile, web, and desktop platforms to “building a Rube Goldberg machine” with a duct-taped tech stack, Google says Project IDX smooths the process of compiling, testing, deploying and monitoring apps. The browser-based Project IDX is built on the Google Cloud using the Codey family of AI foundation models built on PaLM 2. Currently, IDX supports the JavaScript and Dart languages, with plans for Python, Go and more. Continue reading Google’s Project IDX Offers Full-Stack Dev in a Web Browser
By
Paula ParisiAugust 7, 2023
Amazon’s AWS cloud-computing unit generated $22.1 billion in Q2, a 12 percent year-over-year gain that was a highlight in a strong quarter for the e-commerce giant. The company generated a total of $134.4 billion in revenue for the period ending in June, an 11 percent increase over the prior year. Advertising was also strong, jumping 22 percent to $10.68 billion. Cost-cutting and rebounding e-commerce helped propel the Seattle-based company to a quarterly profit of $6.75 billion (its strongest performance since Q4 2021), which contrasted sharply with a loss in the same period last year. Continue reading AWS, Advertising Drive Amazon to 11 Percent Revenue Gain
By
Paula ParisiAugust 7, 2023
Social image pinboarding and shopping inspiration platform Pinterest touted its recently announced Amazon partnership and AI efforts as part of its Q2 2023 earnings, which showed a 6 percent gain in year-over-year revenue of $708 million, beating analyst expectations. Pinterest announced the multiyear partnership with Amazon that marked a Pinterest first for third-party ads. On the investor call, Pinterest CEO Bill Ready told analysts the company has been testing Amazon ads traffic and is “very pleased” with the early results. When users click on Amazon ads on Pinterest they land on Amazon’s site to complete their purchase. Continue reading Pinterest Touts AI and Amazon Partnership with Q2 Earnings
By
Paula ParisiAugust 2, 2023
Amazon says it achieved its “fastest Prime speeds ever” for deliveries across the 60 largest U.S. metro areas in Q2, when more than half its member orders arrived “the same or next day.” The benchmark announcement precedes this week’s earnings statement and was couched as fulfillment and transportation investments that have paid off. Amazon says it will in two years double the number of same-day delivery sites. So far in 2023 it has “delivered more than 1.8 billion units to U.S. Prime members the same or next day,” almost four times the shipments delivered at that rate during the same period in in 2019. Continue reading Amazon Boosts Efforts to Ship its Prime Deliveries in One Day
By
Paula ParisiJuly 31, 2023
TikTok is making a big push into e-commerce with a plan to sell made-in-China products to consumers. The move sets up a rivalry with popular shopping platforms Shein and Temu to bring Chinese goods to the U.S., while the overall approach replicates the successful “Sold by Amazon” program. As with leading online marketplace Amazon.com and the companies it represents, TikTok will warehouse and ship items — ranging from clothing, electronics and kitchenware — for Chinese merchants, handling checkout, marketing and after-sale services. TikTok plans to debut its American shopping program in August. Continue reading TikTok Offering Chinese Goods via U.S. E-Commerce Market
By
Paula ParisiJuly 27, 2023
Advancing President Biden’s push for responsible development of artificial intelligence, top AI firms including Anthropic, Google, Microsoft and OpenAI have launched the Frontier Model Forum, an industry forum that will work collaboratively with outside researchers and policymakers to implement best practices. The new group will focus on AI safety, research into its risks, and disseminating information to the public, governments and civil society. Other companies involved in building bleeding-edge AI models will also be invited to join and participate in technical evaluations and benchmarks. Continue reading Major Tech Players Launch Frontier Model Forum for Safe AI
By
Paula ParisiJuly 27, 2023
Microsoft Cloud drove record sales and profits for Q2, which saw a year-over-year revenue gain of 8 percent to $56.2 billion for April through June. Net income topped $20 billion, a 20 percent gain that beat analyst expectations and the company’s own estimates. Microsoft Cloud revenue for Q2 was up 21 percent, to $30.3 billion. And the company is beginning to see the results of its investments in artificial intelligence. Q2 is Microsoft’s second record-setting quarter this year, topping the three-month high of $52.9 billion in Q1. The previous profit record was $18.8 billion in Q4 2021. Continue reading Microsoft Q2 Marks a Quarterly Sales Record of $56.2 Billion
By
Paula ParisiJuly 24, 2023
President Biden has secured voluntary commitments from seven leading AI companies who say they will support the executive branch goal of advancing safe, secure and transparent development of artificial intelligence. Executives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft and OpenAI convened at the White House on Friday to support the accord, which some criticized as a half measure, claiming the companies have already embraced independent security testing and a commitment to collaborating with each other and the government. Biden stressed the need to deploy AI altruistically, “to help address society’s greatest challenges.” Continue reading Top Tech Firms Support Government’s Planned AI Safeguards
By
Paula ParisiJuly 24, 2023
Cerebras Systems has unveiled the Condor Galaxy 1, powered by nine networked supercomputers designed for a total of 4 exaflops of AI compute via 54 million cores. Cerebras says the CG-1 greatly accelerates AI model training, completing its first run on a large language AI trained for Abu Dhabi-based G42 in only 10 days. Cerebras and G42 have partnered to offer the Santa Clara, California-based CG-1 as a cloud service, positioning it as an alternative to Nvidia’s DGX GH200 cloud supercomputer. The companies plan to release CG-2 and CG-3 in early 2024. Continue reading Cerebras, G42 Partner on a Supercomputer for Generative AI
By
Paula ParisiJuly 19, 2023
The Biden administration has unveiled a new labeling system for smart devices. The U.S. Cyber Trust Mark identifies consumer electronics and appliances that meet security standards and are less vulnerable to cyberattacks. Companies including Amazon, Google, LG, Qualcomm, Samsung and retailer Best Buy participated in announcing the voluntary program. The Connectivity Standards Alliance (CSA), purveyor of the Matter smart home standard, has also pledged support. The program is scheduled to roll out in 2024. Devices bearing the U.S. Cyber Trust Mark will have met security standards established by the National Institute of Standards and Technology (NIST). Continue reading White House Announces Smart Device Cybersecurity Labeling
By
Paula ParisiJuly 13, 2023
Video streaming service Twitch is rolling out a Discovery Feed to support growth opportunities for smaller streamers. That and other short-form video features were announced at TwitchCon Paris this past weekend. Though the platform’s primary business remains live-streaming, it wants to give creators a chance to promote their content in the native environment rather than on YouTube and TikTok, where most of the outreach has taken place to date. Like TikTok, the Twitch Discovery Feed is designed as a scrollable vertical feed that relies on algorithms to serve clips to users even when the creators aren’t live. Continue reading Twitch to Offer Short Videos, Discovery and Stories This Fall
By
Paula ParisiJuly 11, 2023
Shein is aiming to take on e-commerce powerhouse Amazon. The Singapore-based fast-fashion phenomenon is branching out from its own branded apparel to become a marketplace where third parties can merchandise their wares — everything from designer clothing to small appliances and maternity products. The 11-year-old company recently launched its expanded marketplace in Brazil, Mexico and the U.S., and has Europe in its sights. The U.S. is a huge market for the company, accounting for an estimated $8 billion in 2022 sales, or about a quarter of its business, largely due to teenage appetite for its $5 skirts and $10 jeans. Continue reading Shein Reaches Beyond Fashion & Beauty to Take on Amazon
By
Paula ParisiJuly 5, 2023
Smart home platform Josh.ai is rolling out JoshGPT and a handheld remote control that allows users to integrate operational functionalities with a generative assistant that answers questions across all topics. The new features are intended to make Josh.ai a contender against Amazon Alexa, Google Assistant and the Apple HomeKit. With its Josh app, location-aware Josh Micro with Nano microphones and handheld Josh Remote, the company says Josh.ai is “more than a voice add-on, it is the industry’s only multifaceted control system.” Custom software also lets Josh Remote simplify installation and provide a dedicated experience for each household TV. Continue reading JoshGPT Offers Conversational AI to Control the Smart Home
By
Paula ParisiJune 27, 2023
Amazon Web Services (AWS) is investing $100 million to fund a global AI accelerator, aiming to link its machine learning initiatives with experts, customers and partners worldwide. Twilio, Highspot, Lonely Planet and Ryanair are among the first companies to get onboard with the AWS Generative AI Innovation Center to develop new applications. “Through free workshops, engagements and training, AWS will help customers imagine and scope the use cases that will create the greatest value for their businesses, based on best practices and industry expertise,” the company explains. Continue reading AWS Invests $100 Million in Generative AI Innovation Center