Streamer spend on content is set to top the $100 billion mark for the first time this year, according to an Ampere Analysis report. The landmark figure will be met as global streamers “remain the primary driver of growth in content investment,” according to Ampere. Spend by the likes of Read more…
A company largely owned by the French and U.K. governments is pitching Canada on a roughly $250-million plan to provide the military with secure satellite broadband coverage in the Arctic, CBC News has learned. Eutelsat, a rival to tech billionaire Elon Musk’s Starlink, already provides some services to the Canadian Read more…
Senator Steve Padilla (D-CA) introduced a bill [dubbed SB 867] on Monday that would place a four-year ban on the sale and manufacture of toys with AI chatbot capabilities for kids under 18. The goal is to give safety regulators time to develop regulations to protect children from “dangerous AI Read more…
The state of Utah, through the Utah Department of Commerce’s Office of Artificial Intelligence Policy, today announced a first-of-its-kind partnership with Doctronic, the AI-native health platform, to give patients with chronic conditions a faster, automated way to renew medications. This agreement marks the first state-approved program in the country that Read more…
While stock investors have pushed AI-related shares to repeated highs this year, debt markets are telling a more cautious story as newer AI infrastructure companies find themselves paying significantly elevated interest rates to borrow money. Applied Digital, a data center builder, sold $2.35 billion of debt in November at a Read more…
European public institutions are quietly migrating away from American cloud providers and office software, driven less by policy ambitions in Brussels than by the mundane legal reality that GDPR-mandated risk assessments keep flagging the US CLOUD Act as an unacceptable threat to citizen data. Austria’s Federal Ministry for Economy, Energy Read more…
“Super PAC aims to drown out AI critics in midterms,” noting its intial funding over $100 million from “some of Silicon Valley’s most powerful investors and executives” including OpenAI president Greg Brockman, his wife, and VC firm Andreessen Horowitz. The group’s goal was “to quash a philosophical debate that has Read more…