Microsoft has taken a bold step into the next phase of artificial intelligence innovation with the introduction of MAI-Image-1, its first-ever in-house AI image generator. The announcement marks a major milestone in Microsoft’s AI journey, positioning the company as a direct competitor to tools like OpenAI’s DALL-E, Midjourney, and Stability AI’s Stable Diffusion. With MAI-Image-1, Microsoft aims to empower creators,…
On Thursday, TikTok, owned by China’s ByteDance, said it would invest billions of dollars in Southeast Asia to boost e-commerce. It’s a huge commitment that suggests the app has no plans to stop expanding even as it faces renewed global scrutiny over its data security. The investment comes as the…
Read MoreIn music streaming, Spotify has gotten plenty of criticism for not adequately compensating musicians. But the company says it’s taking a step to address that. The Swedish-based company will cut some 200 positions, equalling about two percent of its workforce, as it slims down its internal podcast operations. In a…
Read MoreA state-sponsored Chinese hacking group has been spying on a wide range of U.S. critical infrastructure organizations, from telecommunications to transportation hubs, Western intelligence agencies and Microsoft (MSFT.O) said on Wednesday. While China and the United States routinely spy on each other, analysts say this is one of the most…
Read MoreSimple Energy, a Bengaluru-based electric vehicle startup, has launched its first product, the Simple ONE electric scooter. The scooter is priced at Rs. 1.45 lakh (ex-showroom, Bengaluru) and deliveries are expected to begin in June. The Simple ONE is powered by a 4.8kWh battery pack that offers a claimed range…
Read MoreSony is doubling down on its entertainment business, with plans to sell 25 million PlayStation 5 consoles this financial year. The company is also investing in new content and services, such as its PlayStation Plus subscription service. Sony’s decision to focus on entertainment is a response to the changing landscape…
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