TiVo launched a trial of a video download service, which will enable movies and other video transmitted over a broadband connection directly onto TiVo owners' hard drives. The company partnered with the Independent Film Channel (IFC) on the project; IFC will offer downloads of episodes of its first scripted TV series -- "Hopeless Pictures," "Greg the Bunny" and "The Festival" -- in advance of their network TV premieres. In addition to the episodes themselves, the TiVo downloads will include outtakes and other unaired footage from the IFC series. "The key element of this trial for us is that it will enable consumers who do not typically have access to IFC to download our three new original series over broadband," said IFC executive vice president Evan Shapiro. TiVo said that Limelight Networks will provide content delivery network services for the trial, which it plans to expand to a series of broadband features beginning in the fall.
Commercial interest in Generative AI (GenAI) tools has reached a fever pitch, and the latest forecast from Gartner amplifies this emerging trend. Gartner predicts $644 billion in worldwide spending on GenAI in 2025, marking a dramatic 76.4 percent increase from the previous year. This surge underscores the impact GenAI will have across industries. It also requires a closer examination of the underlying dynamics of future potential. Generative AI Market Development This growth is fueled by the GenAI foundational model providers who invest billions into enhancing the size, performance, and reliability of their models. Hardware also accounts for a significant portion of this spending, with ~80 percent allocated to servers, smartphones, and PCs equipped with artificial intelligence capabilities. This highlights the critical need for computational power to support the demanding workloads of GenAI. However, Gartner also injects a dose of reality into the GenAI hype cycle. There's a dec...