Industrial robotics are stepping into the construction industry spotlight, and PaintJet is at the forefront, introducing game-changing robots for significant paint jobs. In the United States alone, the construction industry, valued at $2 trillion, employs around eight million individuals, nearly equivalent to the population of New York City. Yet,...
In the competitive arena of sports, staying ahead of the game isn't just about the score on the board; it's about leveraging the edge that technology and innovation provide. Comcast, a brand synonymous with cable and internet services, and a key player in the NBCUniversal family, has made a...
At this year's Microsoft Ignite conference, a surprising unveiling has taken center stage: a tool capable of crafting photorealistic avatars that can convincingly articulate scripted dialogue, even if the original speaker never uttered those words.
Named the Azure AI Speech Text-to-Speech Avatar, this new feature, now available in public preview,...
The German startup community is buzzing with excitement following the recent approval of the Future Financing Act by the Bundestag. This groundbreaking legislation, set to take effect from January 1, 2024, marks a significant shift in the tax treatment of employee stock ownership programs (ESOPs), potentially making Germany a...
In the realm of robotics, where machines astound with parkour stunts and dance to classic beats, a visionary seeks to elevate them beyond physical prowess. Marc Raibert, the driving force behind Boston Dynamics’ famed legged robots, now leads an ambitious venture at the Boston Dynamics AI Institute in Cambridge,...
Toyota is charging full speed ahead in the electric vehicle race, announcing an additional $8 billion investment in its North Carolina EV battery plant. This strategic move underscores the Japanese automotive giant’s commitment to electrify its vehicle lineup and roll out 30 new battery electric models globally by the...
In a world increasingly dominated by AI-generated content, how do we separate reality from fiction? Reality Defender, an emerging force in the fight against deepfakes, might have an answer. The startup recently announced a Series A funding round, securing $15 million. With backing from DCVC, Comcast Ventures, and several...
The landscape of climate tech investment is witnessing a significant shift. No longer are initial public offerings (IPOs) the sole coveted exit strategy for investors. Today, private equity (PE) buyouts are emerging as a compelling alternative, offering a new avenue for financial success in the domain of climate infrastructure...
In a groundbreaking development for the tech world, Magic, an innovative AI startup focusing on code generation and software development automation, has just announced a staggering $320 million investment round. This impressive funding comes from a star-studded lineup of investors, including former Google CEO Eric Schmidt, financial powerhouse Jane...
Worldcoin has ceased offering its Orb-verification service in India, Brazil, and France, a surprising move occurring just a few months after the crypto startup expanded the distinctive helmet-shaped eyeball-scanning device into these markets.
Tools for Humanity, the overseeing foundation behind Worldcoin's development, stated that the expansion of the Orb to...
In a significant development that's stirring up the European tech market landscape, the European Union's watchful eye is now fixed on Amazon's ambitious move to acquire iRobot, the renowned robot vacuum maker. This scrutiny from EU regulators is not just a routine check but a deep dive into the...
At the helm of the tech giant's recent Q4 earnings call, Apple's CEO Tim Cook shared a glimpse into the company's future, dispelling the myth that Apple is trailing in the AI space. Instead, Cook shone a light on the integral role AI plays in Apple's technological advancements, emphasizing...
In a decisive move to supercharge its electric vehicle (EV) capabilities, Ford has recently sealed a deal to acquire Auto Motive Power, commonly known as AMP, enhancing its repertoire in charging infrastructure, battery management, and power conversion technologies. The terms of the deal have been kept under wraps, but...
As 2024 unfolds, the world stands at the cusp of an energy revolution, primarily driven by the rapid adoption of renewable energy sources. This seismic shift is testing the limits of our century-old power grid, a complex network of pylons, cables, and transformers. This article explores the cutting-edge solutions...
Microsoft is upping the ante in the artificial intelligence (AI) domain with the launch of its brand-new London hub, part of its burgeoning consumer AI division. Steering the ship is Jordan Hoffmann, a distinguished figure in the AI science and engineering landscape, whose recent transition from the innovative AI...
Paris-based app PhotoRoom has made a significant mark in the GenAI arena, becoming a top contender in one of tech's most vibrant markets. This ascendancy is largely attributed to its innovative tool, proficient in transforming photo backgrounds, contributing to an impressive €50m in annual recurring revenue.
In a domain bustling...
