TechTaffy

tech:

taffy

India’s Largest Listed Firm Reliance Industries Inks Content Deal With Disney India

By TechTaffy Desk

Reliance Industries, India’s largest listed firm, is set to strike a deal with the Indian unit of Disney in an effort to acquire content for its upcoming telecom operations. The deal will be sealed between Reliance Industries and UTV Software, a subsidiary of UTV in which Walt Disney holds 50.44 per cent stake. The deal with UTV, soon to be acquired fully by Walt Disney, will help RIL propel its plans of rolling out data-focused business sooner than anticipated, said the company in a statement.

Disney is on a shopping spree in India; the company just acquired Vishal Gondal’s Indiagames (UTV was a key investor in Indiagames as well) for an undisclosed sum.

 

Just in

Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.