Latest news with #ZaheerKachwala
The Star
a day ago
- Business
- The Star
Premier League forms five-year AI partnership with Microsoft
FILE PHOTO: Microsoft logo and AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -The English Premier League and Microsoft on Tuesday announced a five-year partnership where the cloud giant will infuse its artificial intelligence Copilot into the league's digital platforms to provide quick facts and statistics about matches. Audiences and fans will be able to learn about Premier League clubs, players, matches through an AI companion powered by Microsoft's Copilot which can pull information from over 30 seasons of stats, 300,000 articles and 9,000 videos, they said. AI has strongly resonated with sports leagues and sports entertainment companies as they look to streamline the vast troves of data to attract larger audiences and drive engagement. Spain's LaLiga soccer league, which features clubs such as Real Madrid and FC Barcelona, also uses AI in match analysis and media production while clubs roll out AI-driven experiences to engage more fans. The Premier League, England's top soccer league, is also migrating its core digital infrastructure to Microsoft Azure to allow for easier AI integration and create a unified platform for the league. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Shailesh Kuber)
Yahoo
a day ago
- Business
- Yahoo
Premier League forms five-year AI partnership with Microsoft
(Reuters) -The English Premier League and Microsoft on Tuesday announced a five-year partnership where the cloud giant will infuse its artificial intelligence Copilot into the league's digital platforms to provide quick facts and statistics about matches. Audiences and fans will be able to learn about Premier League clubs, players, matches through an AI companion powered by Microsoft's Copilot which can pull information from over 30 seasons of stats, 300,000 articles and 9,000 videos, they said. Advertisement AI has strongly resonated with sports leagues and sports entertainment companies as they look to streamline the vast troves of data to attract larger audiences and drive engagement. Spain's LaLiga soccer league, which features clubs such as Real Madrid and FC Barcelona, also uses AI in match analysis and media production while clubs roll out AI-driven experiences to engage more fans. The Premier League, England's top soccer league, is also migrating its core digital infrastructure to Microsoft Azure to allow for easier AI integration and create a unified platform for the league. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Shailesh Kuber)
CTV News
23-06-2025
- Business
- CTV News
Alibaba to merge food delivery, travel agency platforms into core E-commerce business
Alibaba on Monday said it will merge its food delivery platform and online travel agency Fliggy into its core e-commerce business as the Chinese group streamlines operations amid intensifying competition. A prolonged property crisis and the economic fallout of the U.S.'s evolving trade policy have dampened spending appetite of Chinese shoppers. At the same time, Chinese e-commerce giants are engaged in a price war and have been aggressively expanding into 'instant retail,' which focuses on delivery times of just 30 to 60 minutes, to attract buyers. The company said the reorganization was a 'strategic upgrade' as it transitions from a traditional e-commerce company to a broader consumer-focused platform. 'Moving forward, the company will increasingly optimize its business models and organizational structures from the user's perspective to create richer, higher-quality consumer experiences,' it said. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Tasim Zahid)
Yahoo
17-06-2025
- Business
- Yahoo
'GTA VI' delay weighs on global videogame market growth, data shows
By Zaheer Kachwala (Reuters) -The global videogame market's growth rate is expected to improve marginally in 2025 from the previous year, according to a report from research firm Newzoo, seen exclusively by Reuters on Tuesday. Analysts and industry experts had projected a surge in industry growth this year due to the expected blockbuster launch of Take-Two's "Grand Theft Auto VI" and new consoles. However, the delay of the long-awaited title to next year and price hikes to videogame hardware, arising from tariffs, have made consumer spending uncertain. The global videogame market is projected to grow 3.4% to $188.9 billion in 2025, compared with last year's growth of 3.2%, according to the report. "This forecast reflects concrete changes, hardware cycles, pricing trends, install base growth, and title pipelines," said Michiel Buijsman, principle analyst at Newzoo. Compounded annually, Newzoo expects the market to grow 3.3% till 2027, compared with its earlier forecast of 3.7%. As "GTA VI" is scheduled to launch in 2026, the industry will most likely see the boost from sales next year along with the release of other premium titles such as Capcom's "Resident Evil Requiem." The launch of "GTA VI" on PC is also expected to carry growth through 2027, the report said. Price increases to Microsoft's Xbox and Sony's PlayStation devices have sparked fears of slower hardware sales as consumers globally grapple with market uncertainty, even as Nintendo's Switch 2 became the company's fastest-selling console. Xbox also unveiled its own handheld console, the Xbox Ally, earlier this month, developed in partnership with ASUS and set to launch in holidays 2025. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
28-05-2025
- Business
- The Star
Salesforce raises annual results forecast on strong cloud spending
FILE PHOTO: The company logo for is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid/File photo (Reuters) - Salesforce raised its revenue and adjusted profit forecast for fiscal 2026 on Wednesday, as the enterprise software provider benefits from strong cloud spending while ramping up monetization of its artificial intelligence agents. Shares of the company rose around 3% in extended trading. Cloud spending from major enterprises has remained resilient even amid global macroeconomic uncertainty over the past few months, as companies invest heavily in artificial intelligence to modernize their digital infrastructure. For Salesforce, higher cloud spending bodes well for its efforts to ramp up monetization for its AI agent platform, Agentforce, as it bets big on the rise of agentic technology to spur adoption of its software offerings. The company has been investing heavily in expanding both its Agentforce platform and its footprint across the globe in an attempt to tap into newer markets with high demand for automation and cloud services. Salesforce bought data management platform Informatica for about $8 billion on Tuesday, looking to bolster its prominent data tools and tighten management of how data is processed and deployed across its portfolio. The company's re-entry into big-ticket M&A after years on the sidelines sparks concerns about Salesforce's ability to return to double-digit growth without relying on acquisitions. The company expects fiscal 2026 revenue to be between $41 billion and $41.3 billion, compared with its prior forecast range of $40.5 billion to $40.9 billion. It raised its full-year forecast for adjusted earnings per share to a range of $11.27 to $11.33, compared to its previous forecast of $11.09 to $11.17 per share. The company reported first-quarter revenue of $9.83 billion, beating estimates of $9.75 billion, according to data compiled by LSEG. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Alan Barona)
