Lightricks, a prominent Israeli tech company, is making headlines with its innovative initiatives in generative AI. Best known for its photo-editing app Facetune, Lightricks is now venturing into the AI video generation landscape with the launch of LTX Video (LTXV), an open-source AI model. The core capability of LTXV is its ability to generate five seconds of high-quality video in
In a move potentially changing how consumers finance their technology purchases, Klarna, an AI-powered payments network, has formed a significant partnership with Lenovo, the global tech leader. Shoppers in 15 key European countries can now take advantage of Klarna’s flexible payment options, including interest-free Buy Now Pay Later (BNPL) plans, when purchasing Lenovo products online. Klarna positions itself as a
In 2024, the biggest names in technology have positioned themselves at the forefront of AI development, with a combined investment projected to surpass an astonishing $240 billion. This staggering figure highlights the importance and immediacy of AI in driving innovation and maintaining a competitive advantage in the technology sector. AI is not a distant goal; it is a current reality
As artificial intelligence (AI) systems continue to evolve and integrate into various sectors at an unprecedented pace, the importance of applying rigorous security measures becomes increasingly crucial. The rapid advancement of AI brings with it potential vulnerabilities and risks associated with misuse or exploitation. As these systems become more sophisticated, the potential consequences of unsecured AI become even more severe,
In a significant development that signals Amazon’s intent to solidify its role in the rapidly evolving field of artificial intelligence, the company has announced a substantial $4 billion investment in Anthropic. This move effectively doubles their total stake in the AI research lab to $8 billion. As Amazon enters the fierce AI arms race dominated by tech giants like Microsoft
The recent development of LLaVA-o1 by Chinese researchers marks a significant leap forward in the field of artificial intelligence, particularly in the realm of vision language models (VLMs). This innovative model aims to challenge the capabilities of OpenAI’s o1 model by addressing and improving upon some of the inherent limitations in earlier VLMs, with a primary focus on structured and
The expansion of data centers in the United Kingdom’s largest cities has emerged as a critical development in the nation’s digital infrastructure, an aspect that is increasingly receiving considerable local support. According to a recent study by data center specialists Onnec, planning permissions for new data centers have seen an overwhelmingly positive response from local authorities, with an impressive 89%
The AI field continually shifts as new models and technologies emerge, challenging the boundaries of what open-source AI can achieve. Recently, the Allen Institute for AI (AI2) announced the launch of Tülu 3, a groundbreaking model training family designed to narrow the performance gap between open-source and closed-source post-training AI models. This release aims to make open-source models more competitive
In an era where technology is rapidly transforming industries, the banking and wealth management sector is witnessing significant shifts through the adoption of artificial intelligence (AI) tools. A study conducted by Avaloq, analyzing the perspectives of 300 wealth managers and 3,000 investors worldwide, sheds light on the growing acceptance and trust issues concerning AI in the wealth management domain. Findings
Snowflake, a leading data cloud provider, reported remarkable growth in Q3 2025, driven by an increasing appetite for enterprise data consumption and a suite of AI-integrated services. In the three-month period ending October 31, the company saw its revenues rise by 28% year-over-year to $942 million. Particularly noteworthy was the surge in product revenue, which climbed to $900 million from
OpenAI’s commitment to AI safety has led to the development and refinement of red teaming methods, a structured approach involving both human and AI elements to identify potential risks and vulnerabilities. Historically, OpenAI relied predominantly on manual testing by individuals who would probe for weaknesses in new systems. This was evidenced by their efforts during the testing of the DALL·E
Advances in technology, particularly artificial intelligence (AI) and big data, are transforming patient care delivery across the healthcare sector. These innovations are making patient care more efficient and personalized, ensuring better patient outcomes and reducing overall healthcare costs. Personalized Treatment Plans From Trial-and-Error to Precision Medicine Traditionally, healthcare has relied on a trial-and-error approach where doctors prescribe medications and adjust
