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Blackstone launches data centre platform in Asia, starting from India

Global asset manager Blackstone Group has forayed into the data center business in Asia with a planned capacity of 600 MW across two large hyperscale data centers in India. The New York-based investor has set up Lumina CloudInfra, a data center platform, which will be owned and managed by Blackstone’s Real Estate and Tactical Opportunities funds.

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Ads on streaming platforms capture more attention than ads on social media in India

November 24, 2022

Magnite, the world’s largest independent omnichannel sell-side advertising platform, released a study entitled “India Embraces the Streaming Era” that found ads on streaming platforms capture more attention than ads on social media. Nearly two thirds of India’s streamers (64%) are more responsive to advertising on streaming platforms, with many stating they often search for the product (48%) and make a purchase (33%) after the fact.

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Meta Releases Lying, Offensive AI and Pretends to Be Surprised

November 23, 2022

Like trouble, bad behavior by Meta shows up whether you look for it or not.  The latest is an open-source language model that was supposed to provide reliable search results because it was trained on academic papers.  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia, and misogyny.”  How can this be a surprise?

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Social Commerce Struggles Due to Low Trust in Social Platforms

February 8, 2023

While retail media has been an unexpected success, its sort-of opposite, social commerce, has never met expectations.  This Simplicitydx survey explores why: the biggest problem is low trust in social platforms, which means people prefer to buy directly on brand sites.  Social shopping still has a role to play in product discovery, although social won’t always receive credit if the sale is completed elsewhere.

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