Google’s New Ironwood Chip Is 24x More Powerful Than The World’s Fastest Supercomputer

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VentureBeat reports: “Google Cloud unveiled its seventh-generation Tensor Processing Unit (TPU) called Ironwood on Wednesday, a custom AI accelerator that the company claims delivers more than 24 times the computing power of the world’s fastest supercomputer when deployed at scale.”

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Instagram Is Beefing Up Its Search To Compete With TikTok

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TechCrunch reports: “Instagram head Adam Mosseri says the company is looking to improve the app’s search functionality, admitting this is an area where Instagram could do more to compete. The remarks, made on a recent episode of the “Build Your Tribe” podcast, come at a time when younger Gen Z users often turn to social apps like TikTok for answers, instead of using traditional search engines.”

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Fremantle Launches Imaginae Studios To Create Content Using AI Tools

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Variety reports: “Fremantle has launched Imaginae Studios, a standalone label that will harness the power of artificial intelligence to “push production boundaries and drive innovation in storytelling,” according to the production and distribution giant. Fremantle is known for hit unscripted shows like “American Idol” and “America’s Got Talent,” drama series like “Normal People,” and films such as Luca Guadagnino’s “Queer” and Yorgos Lanthimos’ “Poor Things.”

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Amazon Plays Catch-Up With New Nova AI Models To Generate Voices And Video

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The Verge reports: “Amazon is showing off new AI technology this week, including its take on a more conversational voice model to better compete with things like Gemini Live and OpenAI’s Advanced Voice Mode and an update to its model that can generate video. The new Nova Sonic voice model handles real-time speech processing and AI voice generation for conversational applications, Amazon says.”

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Ad Tech Firms Look To Boost Broadcasters’ Revenue

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TV Technology reports: “At NAB Show, a number of exhibitors are offering technology designed to help broadcasters generate additional revenue in a changing advertising market. Traditional linear broadcast is becoming more digital, opening new opportunities for more sophisticated advertising that can help monetize content as it is distributed to multiple platforms.”

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Fawesome Adds Channels From Lionsgate, Tastemade, GoPro And More In Major FAST Expansion

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Cord Cutters News reports: “Fawesome is doubling down on free. The ad-supported streaming platform just announced the launch of seven new FAST (Free Ad-Supported Television) channels, partnering with major content providers like Lionsgate, Tastemade, and GoPro. It’s the latest step in the platform’s growing mission to offer premium streaming content without the price tag.”

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Cinemark Crafts All-Time Domestic Box Office Record For A Three-Day Family Film Opening Weekend As A Minecraft Movie Shines Like a Beacon In Theaters

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Business Wire reports: “Cinemark Holdings, Inc., one of the largest and most influential theatrical exhibition companies in the world, achieved an all-time-high three-day domestic opening weekend for a PG-rated film as A Minecraft Movie brought mobs of moviegoers to theaters across the nation. Big screens delighted movie fans, serving as portals to a new world, notching industry-wide videogame adaptation records. In addition to its massive Cinemark box office record, the film also generated the Company’s highest grossing D-BOX motion seats weekend ever.”

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How Music Industry Leaders Use Tipalti To Streamline Royalty Payments

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Digital Music News reports: “Music production and digital content creation is a fast-paced world, and managing payouts to all artists, influencers, and creators involved can quickly become a logistical nightmare. Let’s take a peek at how Tipalti has helped some of the biggest names in the music business, like Symphonic Distribution, Create Music Group, Spitfire Audio, and Thematic stay on track with efficiency and compliance in royalty payouts.”

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Amazon Says Its AI Video Model Can Now Generate Minutes-Long Clips

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TechCrunch reports: “Amazon has upgraded its AI video model, Nova Reel, with the ability to generate videos up to two minutes in length. Nova Reel, announced in December 2024, was Amazon’s first foray into the generative video space. It competes with models from OpenAI, Google, and others in what’s fast becoming a crowded market.”

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Newzoo: PC And Console Gaming Declined By 2% To $80.2bn In 2024

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Games Industry Biz reports: “Global consumer spending for PC and console gaming fell by 2% to $80.2 billion last year, but is expected to rise to $85.2 billion in 2025. This is according to Newzoo, which today published its PC and console gaming report 2025. The market intelligence firm forecasts that overall market growth to 2027 will reach $92.7 billion and will be “driven predominantly by console.”

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