Topic: ai coverage
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SoftBank Bets $5.4 Billion on AI-Powered Robotics
SoftBank is investing $5.4 billion to acquire ABB's robotics division, marking a major return to robotics and expanding its automated systems portfolio despite past setbacks like the Pepper robot. The acquisition strengthens SoftBank's position in industrial robotics and aligns with founder Masay...
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OpenAI's AI-Powered 'Critterz' Challenges Hollywood Animation
OpenAI is producing the animated film "Critterz" to showcase generative AI's ability to create high-quality films more quickly and affordably than traditional methods. The film, set for a 2026 release, uses advanced AI tools like GPT-5 and has a budget under $30 million with a nine-month producti...
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Instagram's Controversial Ad Model Expands to UK After EU Ban
Meta is launching a "pay or consent" advertising model in the UK, requiring Instagram and Facebook users to either accept personalized ads or pay a monthly fee for an ad-free experience. The subscription costs £2.99 per month via web browsers but rises to £3.99 on mobile apps due to commissions c...
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