Adobe: Slow Progress in AI Development, Longer Timeframe for Future Profits

Translated data: Adobe stated that the enhancement of profitability through artificial intelligence is taking longer than anticipated, disappointing investors. The company has lowered its sales forecast for 2024, expecting annual revenue to be around $21.4 billion. Despite Adobe's desire to capitalize on the generative AI technology boom, the technology is unable to quickly boost performance. Additionally, the new annual recurring revenue for the digital media division is also below expectations.

Sakana AI Completes $1.35 Billion Series B Valuation of $26.5 Billion

Japanese AI startup Sakana AI secured a $2 billion Series B financing, with a post-money valuation of $26.5 billion. The round was led by Mitsubishi UFJ Financial Group, with participation from several new investors. The company was founded by former Google researchers and focuses on developing lightweight AI models based on small data, native to Japanese and aligned with Japanese culture. The funding will be used for research and development, team expansion, and other purposes, with plans to achieve business goals by 2026.

Global Data Center Investment Surges, Green Energy to Become the Mainstream?

According to a report by the International Energy Agency, global data center investment reached 580 billion US dollars in 2023, exceeding oil exploration expenditures (540 billion US dollars) for the first time. This highlights a shift in economic structure, especially in the context of generative AI potentially exacerbating climate change, leading to increased attention on the comparison between data centers and the petroleum industry.

Artificial Intelligence Music Tops Global Charts, Challenging the Traditional Music Industry

This week, three AI-created songs performed impressively on music charts. "Walk My Walk" and "Livin' on Borrowed Time" by Breaking Rust ranked highly on the US Spotify Viral 50 chart, and their works also occupied positions in the top five of global charts. Meanwhile, the Dutch anti-immigration song "We Say No, No, No to an Asylum Center" topped the Spotify global chart. These AI works have shown significant impact in

How Philips is Promoting AI Literacy Among 70,000 Employees

Philips is promoting AI literacy as a company-wide capability to drive medical innovation. Its products have long applied professional AI technologies, and it now plans to equip all employees with AI skills, no longer limited to specialized teams. The company is implementing a series of measures to enhance the AI application capabilities of all staff.

From Digital Immortality to Personal AI Economy! Uare.ai Secures $10.3 Million in Funding to Give Everyone a Customized Intelligent Avatar

AI startup Uare.ai secures $10.3 million in seed funding, transitioning from digital inheritance services to a personalized AI platform. Its goal is to enable users to train AI agents that represent their knowledge, values, and personality, redefining the relationship between humans and technology, empowering the living rather than commemorating the deceased.