California-based semiconductor firm Advanced Micro Devices’ (AMD) India arm contributes nearly 100% of the solutions to its data centre business. AMD’s data centre business posted over $6 billion in revenue during 2022. The business comprises 25% of the organization’s total revenue of $23.6 billion.
Egyptian fintech startup Copal has partnered with Mastercard to launch a family payments mobile app that brings all family members onto a unified payment platform that is fully managed by parents.
Stability AI, the world’s leading open-source generative AI company, announces that it has acquired Init ML, makers of the globally popular imaging tool Clipdrop. The deal bolsters Stability AI’s drive to build best-in-class applications using its powerful open-source generative AI models. It also provides Clipdrop’s developers with advanced AI technology and computing power for its next generation of imaging tools.
It’s tough to get brand safety right, but the industry keeps trying. IPG Mediabrands announced a new set of tools to find and block inappropriate ad placements, while IAS expanded its suitability measurements to include standards from the Global Alliance for Responsible Media (GARM). Meanwhile, DoubleVerify admitted a mistake made brand safety on X/Twitter look worse than it really was in October 2023 and March 2024.