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Korea Telecom To Invest $10 Million In Ustream JV

Ustream has reached an agreement with Korea Telecom to launch Ustream Korea as part of the company’s joint venture for Ustream Asia with Softbank in Japan. Korea Telecom will also invest an additional $10 million into the company.

Ustream has previously raised venture capital from SoftBank Group, DCM, Western Technology Investment, Band of Angels Fund, and Infinity Venture Partners.

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Best Buy to implement generative AI working with Accenture, Google

Best Buy, in collaboration with Google Cloud and Accenture, has announced plans to deploy generative AI (gen AI) to enhance customer support services and assist employees.  

Intel introduces Gaudi 3 AI accelerator: Going bigger and aiming higher in AI market — AnandTech

The latest iteration of Gaudi will be launching in the third quarter of 2024, and Intel is already shipping samples to customers now, writes Ryan Smith.

Google unveils custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft — CNBC

Google is launching a custom-built Arm-based server chip that will become available later in 2024, according to the report.