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TechCrunch Daily Crunch
Walmart completes $2.3B acquisition of Vizio
Dec 4, 2024
Walmart just completed a massive $2.3 billion acquisition of Vizio, aiming to enhance its advertising capabilities on connected TVs. Meanwhile, Amazon unveiled Nova, a new family of multimodal AI models. There's also an intriguing discussion on AWS's latest service designed to tackle the issue of AI hallucinations, aiming to improve accuracy and reliability in machine learning. The tech industry is buzzing with these strategic moves!
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Quick takeaways
- Walmart's acquisition of Vizio for $2.3 billion aims to enhance its connected TV advertising capabilities by leveraging consumer viewing data.
- AWS introduced its Nova multimodal AI models, emphasizing responsible use with built-in controls like watermarking and content moderation.
Deep dives
Amazon's Nova AI Models Launch
Amazon Web Services (AWS) unveiled a new range of generative AI multimodal models named Nova during its reInvent conference. The Nova lineup includes four text-generating models—Micro, Light, Pro, and Premiere—along with image generation model Nova Canvas and video generation model Nova Reel. These models are designed to improve efficiency and usability, with built-in controls for responsible use, such as watermarking and content moderation. AWS is also planning future enhancements, including a speech-to-model and an any-to model expected in 2025.
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