Swedish retail giant H&M is creating 30 digital twins of human models this year as it explores new ways to showcase its clothes, shoes and accessories. The news, first reported by Business of Fashion, would potentially be used in marketing campaigns and social media posts. H&M confirmed the digital twins experiment to PYMNTS, but said…
Domestic IT firms are expected to remain largely unaffected by US government spending cuts, analysts said, even as Accenture flagged concerns over delays and cancellations of federal contracts due to cost-cutting measures initiated by the Donald Trump administration. On Friday, shares of IT firms, including Infosys, Tata Consultancy Services (TCS), Wipro, Tech Mahindra, and HCL…
Reskilling and upskilling are among Hong Kong’s future workplace trends amid the changing landscape brought on by the rise of AI, according to the head of professional networking platform LinkedIn in the city. Ng Mei-mei, general manager for the platform in Hong Kong and Taiwan, also said its data showed users were adopting a more…
Shi Yuxiang is eager to find out what the latest artificial intelligence (AI) technology has to offer in video-making. But with OpenAI’s long-awaited Sora video generation tool launching only earlier this month, the 34-year-old entertainment industry professional from Beijing has been experimenting with a wide range of Chinese alternatives. “Whenever there’s a new product release,…
OpenAI launched more integrations of ChatGPT with desktop apps on Apple devices Thursday (Dec. 19), saying these offerings will help users automate more of the work they do on desktops. The new additions include ChatGPT support for several coding and note-taking apps on macOS devices, the company said in a Thursday post on LinkedIn. OpenAI now offers expanded…
New research shows the smartphone market recovering in 2024 following two years of sharp declines. However, Apple’s iPhone played just a small part in that recovery compared to rival Android phones, data released Tuesday (Nov. 26) by IDC shows. Global smartphone shipments for the year are projected to increase 6.2% to 1.24 billion units, IDC’s…
Nvidia reported Q3 revenue of $35.1 billion, up 94% from last year with data center sales reaching $30.8 billion. Fellow tech firms showed mixed results, with Snowflake growing 29% to $900 million in revenue, while artificial intelligence (AI) startup BEN recorded $50,000 in its first significant quarterly sales amid mounting losses. Nvidia’s Results Hit $35.1B…
We have said it before, and we will say it again as everyone is chewing on the financial results that Nvidia just turned in for its third quarter of fiscal 2025 ended in October. Nvidia does not have to be in any hurry to deliver its “Blackwell” GPU platforms, which are rumored to be having…
Google’s quiet global rollout of its Gemini iPhone app on Thursday (Nov. 14) marks the latest move by tech companies to capture mainstream users seeking AI tools for everyday tasks on their phones. The accelerating competition in consumer AI apps signals a high-stakes battle for customer attention and wallets as companies race to convert casual…
Zhipu AI, one of China’s top generative artificial intelligence (GenAI) start-ups, has announced the initial closing of its venture capital vehicle, which aims to invest in related start-ups to strengthen the company’s ecosystem, borrowing a page from ChatGPT owner OpenAI. The Zhipu Ecosystem Fund, also known as the Z Fund, raised 1.5 billion yuan (US$211…