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AI market evolution: Data and infrastructure transformation through AI

CIO

Currently, enterprises primarily use AI for generative video, text, and image applications, as well as enhancing virtual assistance and customer support. AI applications are evenly distributed across virtual machines and containers, showcasing their adaptability.

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NFTs could bridge video games and the fashion industry

TechCrunch

Non-fungible tokens (NFTs) offer new ways for consumers to collect, wear and trade fashion online, and now that most fashion shows have scaled back or gone virtual , they may become an important tool for the industry. In December 2020, NFT startup Enjin partnered with Netherlands-based fashion house The Fabricant on a virtual collection.

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10 most used gen AI tools in the enterprise

CIO

According to Precedence Research, the global gen AI market was over $25 billion in 2024 and is forecast to reach a staggering $803 billion by 2033. Compared with ChatGPT and Microsoft Copilot, Gemini, launched in 2023, took an early lead in multimodal features the ability to process and generate images, audio, and video in addition to text.

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How to Conduct Effective Virtual Recruitment Events for Global Teams

Hacker Earth Developers Blog

In the current global environment, the ability to attract and select the best talents in the global market has been a strength as well as a weakness to organizations. If well done, virtual recruitment events will go a long way in improving your talent acquisition plans, especially for multi-location positions.

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TouchCast raises $55M to grow its mixed reality-based virtual event platform

TechCrunch

Events — when they haven’t been cancelled altogether in the last 12 months due to the global health pandemic — have gone virtual and online, and a wave of startups that are helping people create and participate in those experiences are seeing a surge of attention — and funding.

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

Founded in 2005, NetEase is now known for its news portal, music streaming app, education products and video games that compete with those of Tencent. “IMVU operates one of the world’s oldest, yet most vibrant and young — in terms of our user base — metaverses. It is a natural fit for us to become partners,” he added.

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Nooks set to seed its own in the world of virtual HQs

TechCrunch

After operating in beta for a year, Nooks, a virtual workspace space targeting distributed teams, has attracted thousands of users and millions of dollars in venture capital. This is Kevin Hartz’s second investment in a virtual HQ, with his first in Gather. Virtual HQs race to win over a remote-work-fatigued market.