The U.K.-based Virgin Group said on Wednesday that it plans to launch its digital music service, Virgin Digital UK, on Friday, offering a library of over one million tracks for 79p ($1.42) each. The service was developed in-house, and will feature tracks licensed through U.S.-based MusicNet. In addition to permanent downloads, Virgin Digital will offer a basic subscription for 9.99 pounds ($18) per month and a premium version for 14.99 pounds ($27) per month. Virgin Digital will be promoted within all Virgin Megastores, which will also sell MP3 hardware compatible with the service from Samsung, Sony, Creative and iRiver; the service will not support Apple's iPod. The company also partnered with U.K. broadband provider Blueyonder, to offer free downloads and trial subscriptions to Virgin Digital. "With a strong music heritage behind us, as a record label and a retailer, Virgin has a huge advantage, and platform to launch a digital service that will become the ultimate destination to buy, stream, burn and enjoy the best the music world has to offer," said Virgin Group founder Richard Branson.
The prevailing narrative around artificial intelligence (AI) has been one of relentless scale. Bigger models, bigger clusters, bigger budgets. The assumption, largely unchallenged until recently, was that raw parameter count translated directly into competitive advantage. New research from Omdia suggests it's time to retire that assumption. According to the latest market study by Omdia, parameter growth in frontier AI models has slowed to around 5 percent annually since 2021, a stark contrast to the more than hundredfold expansion seen between 2019 and 2021. Enterprise AI Market Development For executives who have been making infrastructure and investment decisions based on the assumption that AI would keep demanding ever-larger, ever-more-expensive hardware, this finding deserves serious attention. The race to the top of the model size leaderboard has, at least for now, plateaued. Crucially, Omdia's analysts are not reading this as an AI winter. Alexander Harrowell, senior pri...