This Week in Tech News: 12 Stories You Need to See
As the technology industry continues to grow and innovate, there’s no shortage of news and developments to keep track of. To help you stay up-to-date, we’ve rounded up the week’s top press releases from PR Newswire. From acquisitions and product launches to grants and breakthrough innovations, these 12 stories shouldn’t be missed.
1. Shutterstock to Acquire GIPHY, the World’s Largest GIF Library and Search Engine
Shutterstock’s acquisition of GIPHY marks an expansion into casual conversations beyond marketing and advertising use cases. With the world’s largest GIF library and search engine, GIPHY will provide new touchpoints for the company’s audience.
2. Thomson Reuters brings forward vision to redefine the future of professionals with content-driven AI technology
Thomson Reuters is placing its customers in the driver’s seat by using AI technology to augment knowledge and help professionals work smarter. This provides users with more time to focus on what matters.
3. Viasat Next-Generation Ground-to-Space Encryption Solution Achieves National Security Agency Type-1 Certification
The KG-255XJ End Cryptographic Unit (ECU) is now certified for protecting classified Top Secret/Sensitive Compartmented Information (TS/SCI) and below, which includes telemetry, tracking and command (TT&C), and mission data communications between Satellite Operations Centers (SOCs) and satellites on orbit.
4. IBM to Grant $5 Million In-Kind for Schools to Boost Cybersecurity, Together with Enhanced Skilling on AI
IBM is awarding grants valued at $500,000 each ($5 million in total) to six school districts in the US. In addition, IBM’s Service Corps will use professional skills to help schools establish programs to address cybersecurity resiliency.
5. Antelope Enterprise Creates AI-Powered Virtual Influencers Using ChatGPT-like Technology
Antelope Enterprise is using AI technology to create a range of tailormade versions of virtual influencer livestreaming product videos for each individual influencer, allowing them to focus on building their followers.
6. Netwrix Report: Enterprises Suffer More Ransomware and Other Malware Attacks Than Smaller Organizations
The enterprise sector suffers more ransomware and other malware attacks than smaller organizations, with 28% of enterprises estimating their financial damage from cyber threats to be $50,000 and higher.
7. UltiMaker Launches the Method XL 3D Printer to Deliver Unrivaled Accuracy and Precision for Engineering Applications
Designed to deliver the accuracy and performance of industrial production alongside the flexibility and affordability of a desktop 3D printer, the UltiMaker Method XL 3D printer is set to revolutionize engineering applications.
8. TCL CSOT Introduces a Full Range of Breakthrough Display Innovations at SID Display Week 2023
TCL unveiled over 30 of its latest products and advanced technologies, including more than ten firsts in the world, at Display Week 2023 organized by the Society for Information Display (SID).
9. Space Robotics Startup GITAI Raises US$30 Million in Funding
GITAI is taking on the challenge of reducing labor costs by 100 times while building infrastructure on the Moon and Mars. Their funding will support the development of technology that enables more efficient space exploration.
10. National Safety Council Work to Zero Initiative Unveils New Research on Improving Workplace Safety with Robotics
A recent white paper analyzed academic journals, vendor interviews, and company case studies to evaluate the benefits of robotics and autonomous mobile robots (AMRs) on reducing injuries and fatalities in the workplace.
11. High School Scientists and Engineers Win Nearly $9 Million at the Regeneron International Science and Engineering Fair 2023
The Regeneron International Science and Engineering Fair awarded $75,000 to 17-year-old Kaitlyn Wang for her breakthrough innovation to accelerate exoplanet discovery.
12. Solana…
Unfortunately, the PR Newswire roundup cuts off after 11 stories. We’ll have to wait until next week to find out what Solana has in store.
Related Facts:
– AI-powered virtual influencers are predicted to be a $12.5 billion industry by 2024.
– The global 3D printing market is expected to reach $63.46 billion by 2025, with the aerospace and defense sector accounting for the largest market share.
– Cybercrime is estimated to cost the world $10.5 trillion annually by 2025.
– The U.S. National Safety Council has estimated the annual economic cost of workplace injuries is $190.5 billion.
Key Takeaway:
This week’s tech news highlights the ongoing efforts to improve efficiency, safety, and innovation across various industries. From advancements in AI technology to breakthroughs in space exploration, each story demonstrates how technology continues to shape our world.
Conclusion:
With so many new developments and breakthroughs happening in the tech industry, it’s vital to stay up-to-date with the latest news. By keeping an eye on press releases, we can see how companies are pushing boundaries and paving the way for a more innovative and exciting future.
