Media

Edison issues flash on Media and Games Invest (M8G): Google strategic collaboration

Retrieved on: 
Wednesday, April 10, 2024

MGI – Media and Games Invest has announced a strategic collaboration with Google Cloud that will bring all MGI’s marketplaces together by mid-FY25.

Key Points: 
  • MGI – Media and Games Invest has announced a strategic collaboration with Google Cloud that will bring all MGI’s marketplaces together by mid-FY25.
  • As well as result in the obvious scalability advantage, this collaboration should boost the effectiveness of MGI’s privacy-first AI-driven products.
  • Management anticipates it will also generate cost savings of €20m over the next four years.
  • MGI has started the year strongly, with organic revenue growth of 18% in January and 25% in February.

Backblaze Launches Next-Gen Cloud Workflow Tools, Security Announcements, and More at NAB 2024

Retrieved on: 
Tuesday, April 9, 2024

The Backblaze team will highlight announcements relating to automating cloud workflows, expanding media archive search functionality with AI, and advancing security standards within the industry while also sharing information on the company’s industry-leading cloud object storage platform.

Key Points: 
  • The Backblaze team will highlight announcements relating to automating cloud workflows, expanding media archive search functionality with AI, and advancing security standards within the industry while also sharing information on the company’s industry-leading cloud object storage platform.
  • April 14, 3:00 p.m: “Quantum Featuring AI Tools, CatDV Classic & .io Utilizing Backblaze for Primary Storage” with Leslie Hathaway, Sales Engineer and Brian Scheffler, Pre-Sales Sys.
  • April 15, 10:00 a.m.: “Cloud-Powered Remote Production: Collaborative Video Editing on the Back of Backblaze” with CuttingRoom Co-Founder Helge Høibraaten.
  • April 15, 11:00 a.m.: “Optimizing Media Workflow: Leveraging iconik and Backblaze for Cost-Effective, Searchable Storage” with Mattia Varriale, Sales Director EMEA at Backlight.

Nearly Half of High School Students Say Generative AI will Significantly Change the Future Workforce, Global Survey Reveals

Retrieved on: 
Thursday, April 4, 2024

The survey polled 825 11th and 12th grade students from across the U.S. and sixth form students in England and Wales to get their insights on the impact of generative AI on their academics and future careers.

Key Points: 
  • The survey polled 825 11th and 12th grade students from across the U.S. and sixth form students in England and Wales to get their insights on the impact of generative AI on their academics and future careers.
  • Nearly half of the students polled expressed some degree of concern about potential loss of jobs in the future workforce due to certain roles becoming automated or obsolete.
  • Only 19% think the AI workforce of the future will deliver greater productivity as people work faster and smarter.
  • How can high schools prepare students for the future world of AI?

Avid Appoints Wellford Dillard as Chief Executive Officer

Retrieved on: 
Tuesday, April 2, 2024

BURLINGTON, Mass., April 02, 2024 (GLOBE NEWSWIRE) -- Avid ®, a leading technology provider that powers the Media & Entertainment industry, today announced that it has appointed Wellford Dillard as the organization’s next Chief Executive Officer (CEO).

Key Points: 
  • BURLINGTON, Mass., April 02, 2024 (GLOBE NEWSWIRE) -- Avid ®, a leading technology provider that powers the Media & Entertainment industry, today announced that it has appointed Wellford Dillard as the organization’s next Chief Executive Officer (CEO).
  • Wellford joins Avid after serving as the CEO of Marigold, a leading provider of omni-channel marketing SaaS solutions, used by businesses to manage and deepen customer engagement.
  • “We are thrilled to appoint Wellford as the new CEO of Avid,” said William Chisholm, Managing Partner, and Patrick Fouhy, Principal, of STG.
  • Avid, the Avid logo, is a registered trademark of Avid Technology, Inc., or its subsidiaries in the United States and/or other countries.

YR Media Launches Merchandise Line Showcasing Youth-Led Designs and Opening a New Career Pathway for 14-to-24-Year Old Creators They Serve

Retrieved on: 
Tuesday, April 2, 2024

Today, the organization is proud to announce a new YR Media merchandise line, all of which celebrates its milestone of turning 30 this year.

Key Points: 
  • Today, the organization is proud to announce a new YR Media merchandise line, all of which celebrates its milestone of turning 30 this year.
  • With respect to the merchandise line, showcasing the original artwork and designs of YR Media’s emerging designers’ cohort is just the start.
  • The Chicago native, now based in Roanoke, VA, also developed creative from photography to digital campaigns and Steve Madden's first mobile app.
  • “This line also provides additional channels for our community of supporters to invest in us and build more awareness of our impact.”
    To see the entire YR Media merchandise line, please visit yrmedia.org/shop .

BrainBox AI Introduces ARIA: The World’s First Generative AI-Powered Virtual Building Assistant

Retrieved on: 
Tuesday, March 26, 2024

MONTREAL, March 26, 2024 (GLOBE NEWSWIRE) -- BrainBox AI, a pioneer in building technology, today announced the launch of the world’s first virtual building assistant, ARIA (Artificial Responsive Intelligent Assistant).

Key Points: 
  • MONTREAL, March 26, 2024 (GLOBE NEWSWIRE) -- BrainBox AI, a pioneer in building technology, today announced the launch of the world’s first virtual building assistant, ARIA (Artificial Responsive Intelligent Assistant).
  • Powered by the latest generative AI technology with Amazon Bedrock , ARIA is designed to enhance building efficiency by assimilating seamlessly into the day-to-day processes related to building management.
  • With Amazon Web Services (AWS), BrainBox AI is able to harness the power of AI and machine learning to drive innovation and build AI-powered solutions that can easily scale.
  • BrainBox AI invites you to discover and experience ARIA firsthand through these engaging short videos .

Report: Gen Z is the Closest Generation to Fraud, Both as Victims and Perpetrators, Sift Data Shows

Retrieved on: 
Tuesday, March 26, 2024

The report shows that 33% of Gen Z survey respondents know someone who has, or have personally, participated in payment fraud, compared to only 10% of Baby Boomers.

Key Points: 
  • The report shows that 33% of Gen Z survey respondents know someone who has, or have personally, participated in payment fraud, compared to only 10% of Baby Boomers.
  • Additionally, 34% of Gen Z consumers have seen offers to participate in online fraud, compared to only 9% of Baby Boomers.
  • “These generational divides are blurring the line between bad actor and consumer,” said Kevin Lee, VP of Trust and Safety at Sift.
  • For example, findings indicate that fraudsters are turning their focus to high-velocity transactions in the hopes of staying undetected.

Wasabi Technologies Introduces Wasabi AiR™, Pioneering Intelligent Media Storage for Sports, Media and Entertainment Industries

Retrieved on: 
Tuesday, April 9, 2024

Wasabi Technologies , the hot cloud storage company, today introduced Wasabi AiR ™, the industry's first AI-enabled intelligent media storage.

Key Points: 
  • Wasabi Technologies , the hot cloud storage company, today introduced Wasabi AiR ™, the industry's first AI-enabled intelligent media storage.
  • Wasabi AiR combines Wasabi’s high-performance, low-cost object storage with advanced AI metadata auto-tagging and multilingual searchable speech-to-text transcription.
  • Wasabi AiR greatly reduces the cost of metadata creation: with Wasabi AiR, customers pay only for the storage.
  • Wasabi AiR represents a significant advancement in tackling the longstanding issue of managing extensive data archives, within a substantial market for intelligent media storage solutions."

Sinclair Begins Generative AI Usage

Retrieved on: 
Tuesday, April 9, 2024

Sinclair, Inc. today announced the company has taken its first steps into usage of generative artificial intelligence within its original content to reach more audiences globally in their native languages.

Key Points: 
  • Sinclair, Inc. today announced the company has taken its first steps into usage of generative artificial intelligence within its original content to reach more audiences globally in their native languages.
  • For this initiative, Sinclair has collaborated with HeyGen, a leading generative AI video company, specializing in voice translation and lip-sync services, transforming the way businesses use video to enable global storytelling.
  • "Generative AI is set to transform the world we live in; and Sinclair is enthusiastic about leveraging the technology to make our original content accessible to a bigger audience through language translation.
  • In addition, Sinclair has created SAIF – Sinclair AI Forum, an internal, interdepartmental AI workgroup to facilitate knowledge sharing, governance, compliance, and strategic guidance across the company.

Adobe Introduces Next Generation of Frame.io To Accelerate Content Workflow and Collaboration for Every Creative Project

Retrieved on: 
Tuesday, April 9, 2024

Today, Adobe (Nasdaq: ADBE) introduced the all-new Frame.io V4 , a flexible, fast and intuitive creative collaboration platform that streamlines and simplifies workflows across content creation and production.

Key Points: 
  • Today, Adobe (Nasdaq: ADBE) introduced the all-new Frame.io V4 , a flexible, fast and intuitive creative collaboration platform that streamlines and simplifies workflows across content creation and production.
  • “As the demand for all content types – from video and images to design and documents – continues to skyrocket, the needs of Frame.io’s community have evolved.
  • While more content is being produced than ever before, creatives involved at all stages of development still experience disconnected and broken processes.
  • To learn more about other innovations available with Frame.io V4, visit the Frame.io blog here and view Frame.io V4 video here .