Search results for H3
AI & Enterprise
Utopai raises $60 million at $1 billion valuation, plans three feature-length AI films in theaters next year
AI film startup Utopai Studio has raised $60 million at a $1 billion valuation. A source close to the company said it has also received follow-on investment offers valuing it at $2 billion to $3 billion. Utopai is working on about 20 AI video projects, including two TV series and three feature-length films set for theatrical release next year, with plans to open in about 3,000 North American theaters.
Telecommunications & Media
Apple may unveil AirPods 5 at Sept. 9 event; two versions expected based on ANC
Apple is expected to unveil AirPods 5 at its Sept. 9 event, local time, alongside products such as the iPhone 18 Pro and Apple Watch Ultra 4, NineToFiveMac reported. The new earbuds are likely to launch without a camera and may come in two models depending on whether they support active noise cancelling. Bloomberg\'s Mark Gurman has said camera-equipped AirPods are unlikely to arrive until 2027.
AI & Enterprise
AI price war intensifies as open-source AI becomes global mainstream
Price competition among AI companies is intensifying as Chinese firms expand global share with cost-effective open-source models and leading U.S. companies respond with price cuts. DeepSeek’s new coding model V4 Flash drew attention for performance close to Anthropic’s Claude Opus 4.8 at a far lower price. Interest is also rising in open-weight models, including for video generation. In South Korea, companies are moving ahead of an August evaluation for a government-led foundation model project.
