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The founder of DeviantArt is making a $22,000 display for digital art
The founder of DeviantArt is making a $22,000 display for digital art

TechCrunch

time3 days ago

  • Business
  • TechCrunch

The founder of DeviantArt is making a $22,000 display for digital art

Angelo Sotira started the online digital art platform DeviantArt when he was just a teenager, growing a formative community for millions of artists in the 2000s. Twenty-five years later, Sotira wants to change digital art again, but with a focus on the way it's displayed. On Thursday, Sotira revealed his new venture, Layer, a screen specifically designed to showcase digital art in the best quality possible. 'The way that the canvas needs to perform and behave in your life is quite different than other types of displays,' Sotira told TechCrunch. 'It needs to blend into beautiful environments.' The closest point of reference that the average consumer would have for a product like this is Samsung's The Frame TV, which looks like a painting hung on the wall when it's not turned on. But Layer takes that kind of feel to an even more premium level — unlike The Frame, Layer is not a consumer product, and it's not trying to emulate static paintings or photographs. 'They're $22,000, so that kind of tells you a lot about who that's for,' Sotira said. 'We spared no expense and we spared no effort. We made no compromise in producing what is actually, in our opinion, the very best way to display digital art on a wall.' Image Credits:Layer When Sotira talks about digital art, he isn't talking about digital photography or videos. Layer is working with hundreds of artists like Casey Reas, who makes generative AI art — no, not the kind of generative art you get from ChatGPT, which is created with LLMs that use other artists' work without their consent. Instead, many of these artists are writing their own software to create digital AI artworks that change over time according to what the code says. Techcrunch event Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second. Hear from leaders at OpenAI, Anthropic, Khosla Ventures, and more during a full day of expert insights, hands-on workshops, and high-impact networking. These low-rate deals disappear when the doors open on June 5. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | REGISTER NOW But these artworks, like most AI software, require a lot of computing power to execute. That's part of why Layer is so pricey — it needs the technological capacity to display these new kinds of works. 'You're looking at an over 35-year history of extraordinary artists developing the medium of code-based art and essentially, the pixels on the display are being governed by the code that's been written that runs live on that GPU, rendering it in full resolution,' Sotira said. 'It's actually controlling every pixel, so it's not going through any compression algorithms.' Sotira is well aware that he's not the first entrepreneur to try to create a better way to display digital art — when he was at DeviantArt, he was pitched on products like Layer all the time. But because of this, he knows what was missing from the products that were pitched to him in the past. 'One of the driving principles is that you can plug it in, turn it on, and leave it alone, and it should know how to sequence art for you,' he said. In his experience, he enjoys tinkering with these devices for a few weeks, but then it becomes tedious to continue updating the display, so he wanted his own canvas to be more self-sustaining. 'It's going to be on your wall for five years, so it has to play really, really well in your life.' Image Credits:Layer Layer seems like a highly expensive and very niche product, but some venture capitalists and entrepreneurs are betting on it. While in stealth, the startup raised $5.7 million in funding from Expa Ventures, Human Ventures, and Slauson & Co., plus angels like Twitter co-founder Evan Williams and Behance co-founder Scott Belsky. The company's ambitions extend beyond selling hardware to display art. With a Layer canvas, owners get subscription access to a collection of art from the digital artists that Layer partners with. Then, those artists are paid royalties based on the amount of time their works are on view. 'We put artists first, and that's kind of the core mission and philosophy of Layer,' Sotira said.

Ayurveda on the Global Stage: How Science and Innovation Are Powering Its Next Leap
Ayurveda on the Global Stage: How Science and Innovation Are Powering Its Next Leap

News18

time25-05-2025

  • Health
  • News18

Ayurveda on the Global Stage: How Science and Innovation Are Powering Its Next Leap

Last Updated: Ayurveda is evolving into a globally recognized, science-backed wellness solution, powered by modern validation techniques and digital innovation. Today's health-conscious consumers are no longer just looking for treatments—they're seeking sustainable, preventive solutions that support long-term well-being. In this evolving landscape, Ayurveda has emerged as a powerful ally. Rooted in balance, immunity, and holistic wellness, this ancient science is increasingly aligning with modern demands through evidence-based research and innovation. Dr. Hariprasad V.R, Senior Research Scientist, Discovery Sciences Group, Himalaya Wellness Company, says, 'At Himalaya Wellness Company, our approach is grounded in the seamless integration of traditional Ayurvedic wisdom with cutting-edge scientific validation. This synergy is not only advancing credibility but also fueling the global resurgence of Ayurveda. Market projections reflect this momentum—Ayurveda is expected to reach a market size of USD 26.26 billion by 2032, growing at a CAGR of 15.10%." To strengthen scientific legitimacy, 'we rely on advanced technologies such as Liquid Chromatography-Mass Spectrometry (LCMS). This method enables precise identification of bioactive compounds in complex herbal formulations, ensuring accuracy, safety, and efficacy. Similarly, Thin Layer Chromatography (TLC) fingerprinting plays a vital role in authenticating herbal ingredients and maintaining quality standards throughout product development," adds Dr Hariprasad V.R. 'Beyond scientific rigor, two key factors are accelerating Ayurveda's global recognition. First, the World Health Organization's inclusion of traditional medicine in the ICD-11 framework marks a pivotal validation, encouraging integration into mainstream healthcare systems worldwide. Second, digital innovation is redefining access—teleconsultations, wellness apps, and digital dispensaries are bridging geographical gaps, bringing Ayurveda to previously untapped markets," states Dr Hariprasad V.R. As ancient knowledge meets modern science and technology, Ayurveda is transforming into a global solution for sustainable health. At Himalaya, we believe this convergence is not just the future of wellness—it is the future of healthcare. First Published: May 25, 2025, 09:16 IST

Red Hat debuts Edge Manager for secure device fleet control
Red Hat debuts Edge Manager for secure device fleet control

Techday NZ

time21-05-2025

  • Business
  • Techday NZ

Red Hat debuts Edge Manager for secure device fleet control

Red Hat has announced the technology preview of Red Hat Edge Manager, a new solution for overseeing large fleets of edge devices from a single management console. The technology is designed to address the rising complexity and scale of edge computing environments, which often require efficient oversight of thousands of geographically dispersed devices. Red Hat Edge Manager aims to provide a centralised platform to streamline infrastructure and application management with particular attention given to security and operational resilience. Edge computing environments typically involve a wide range of devices, including retail point-of-sale systems and industrial machinery located in remote or distributed settings. As organisations look to expand their use of edge devices, challenges related to connectivity, diverse hardware, operational complexity and cost arise. Red Hat has developed the new Edge Manager to address these with features for elasticity and enhanced control across edge deployments. The solution offers a series of functions, including fleet management through policy-based deployment of applications and infrastructure. This supports both single-node and multi-node configurations, aiming to achieve scale and operational efficiency. Users can deploy desired state configurations and manage applications across large numbers of devices with automated rollouts and real-time visibility into progress and device health. Red Hat Edge Manager also focuses on addressing the skills gap in IT staff at some edge locations by providing a more user-friendly and simplified management environment. It has been designed to allow organisations to manage their infrastructure without the need for specialised expertise typically associated with edge operations. The product introduces proactive device insights, enabling the configuration and monitoring of device resources. Customisable alerts allow users to track resource utilisation, and metrics and logs can be captured to address issues effectively and maintain operational awareness. Security is a central aspect of Red Hat Edge Manager. The solution uses mutual Transport Layer Security (mTLS) to enable encrypted and authenticated communication between agent services on devices and the central management console. This approach is intended to ensure a consistent security posture, preventing impersonation or unauthorised duplication of device identities through strict identity verification processes. Customers are presented with flexible management options, including the possibility to perform on-premises management, which Red Hat says can provide comparable or greater value than cloud-based alternatives, depending on an organisation's requirements or deployment strategy. A resilient agent-based architecture helps to ensure scalable device management. The system is built to maintain connectivity and control even under challenging network conditions, so complex network configurations should not be necessary to maintain oversight of managed devices. Lifecycle management is included to enable secure onboarding and decommissioning of devices, as well as controlling operating system and application upgrades in a way that is designed to minimise disruption and security risk. In terms of workload management, Red Hat Edge Manager is optimised for container-centric deployments, supporting container engines such as Podman and Docker, alongside Kubernetes orchestration. Red Hat also said support for Red Hat Enterprise Linux image mode is planned in future releases, further broadening deployment options across edge device fleets. The technology preview of Red Hat Edge Manager allows users to evaluate its new features and capabilities as part of the Red Hat Device Edge portfolio as the company works towards broader availability. Francis Chow, Vice President and General Manager, In-Vehicle Operating System and Edge at Red Hat, said: "Red Hat Edge Manager represents a bold step forward in empowering organizations to confidently manage their increasingly distributed edge. This technology preview offers a comprehensive and more secure foundation for achieving unprecedented scale and unlocking significant new value from edge deployments."

Applied Materials Stock Plunges 17% in 3 Months: Time to Hold or Fold?
Applied Materials Stock Plunges 17% in 3 Months: Time to Hold or Fold?

Globe and Mail

time30-04-2025

  • Business
  • Globe and Mail

Applied Materials Stock Plunges 17% in 3 Months: Time to Hold or Fold?

Applied Materials, Inc. AMAT shares have plunged 17.1% in the past three months, underperforming the Zacks Computer and Technology sector's decline of 13%. Applied Materials Performance Chart Applied Materials' recent decline stems from a mix of broader market weakness. A widespread sell-off in tech stocks, triggered by fears of rising trade tensions and slowing economic growth concerns, has put pressure on the entire sector, including Super Micro Computer. This decline in the share price of this semiconductor leader raises the question: Should investors take advantage of this decline and buy the dip? Applied Materials Faces Stiff Competition As Applied Materials provides engineering solutions for semiconductors, flat panel display, and solar industries, it faces competition from players like Lam Research LRCX in the semiconductor space, ASML Holding ASML in the photolithography and advanced manufacturing equipment segment. KLA Corporation KLAC is a dominant competitor in the wafer inspection space. For instance, Lam Research develops Atomic Layer Deposition tools like AT200M, AT410 and AT650P, which are similar to the devices made by AMAT. Both ASML and AMAT specialize in advanced semiconductor nodes, although they develop solutions for various stages of semiconductor production. ASML Holdings develops lithography solutions, including EXE and NXE systems. Applied Materials and KLA Corporation offer similar solutions like Wafer Inspection, Yield Enhancement and Process Control inspection systems. KLA Corporation develops inspection systems, including 3935 and 3920 EP broadband plasma defect inspection systems. Although AMAT is dealing with a broader market sell-off and growing competition, not everything is gloom and doom for the company. AMAT's Technological Leadership Remains a Major Advantage The demand for AI-driven semiconductors is at the heart of the industry's next growth cycle, and Applied Materials is well-positioned to capitalize on this transformation. The company has made significant strides in cutting-edge chip manufacturing, particularly in gate-all-around (GAA) transistors, high-bandwidth memory and advanced packaging. These innovations are critical to enabling faster, more energy-efficient AI processing. Applied Materials' revenues from advanced semiconductor nodes surpassed $2.5 billion in fiscal 2024, and management expects this figure to double in fiscal 2025. The transition from FinFET to GAA transistors is expanding AMAT's total addressable market by 15%, while Applied Materials' revenues in this segment are projected to grow 30% per wafer fab capacity expansion. The company is also on track to secure more than 50% of the market share in GAA and backside power delivery, solidifying its leadership in the AI computing era. The advanced packaging segment has become an increasingly critical part of Applied Materials' business, with revenues tripling over the past four years to $1.7 billion in fiscal 2024. AMAT has secured volume orders from leading-edge customers for its Integrated Hybrid Bonding technology, strengthening its position in next-generation chip manufacturing. The upcoming EPIC Center in Silicon Valley, expected to go live in 2026, will further drive innovation in semiconductor packaging and process technology. Due to all these positive factors, analysts are optimistic about the stock's future growth. The Zacks Consensus Estimate for fiscal 2025 and 2026 revenues is projected to grow 7% and 6.9%, respectively. The Zacks Consensus Estimate for 2025 and 2026 earnings is projected to grow 8.6% and 7%, respectively. Applied Materials is on track to sustain its momentum. Additionally, the company has consistently outperformed earnings expectations, delivering an average surprise of 5.6% over the last four quarters, reflecting its strong execution capabilities. AMAT's Valuation Still Offers Upside Potential Applied Materials is trading at a 12-month forward P/E ratio of 15.53, significantly below the industry average of 23.15. Given its dominance in semiconductor equipment and AI-driven chip manufacturing, this valuation discount suggests strong upside potential over the long term. Applied Materials Valuation Chart Conclusion: Hold AMAT for Now Applied Materials remains a key player in semiconductor manufacturing, with a dominant position in AI-driven chip production, advanced packaging and next-generation process technology. For investors, holding AMAT is the best approach. Once industry conditions stabilize and AI-driven semiconductor demand accelerates, the stock is well-positioned for a strong rebound. Currently, Applied Materials carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KLA Corporation (KLAC): Free Stock Analysis Report ASML Holding N.V. (ASML): Free Stock Analysis Report Lam Research Corporation (LRCX): Free Stock Analysis Report Applied Materials, Inc. (AMAT): Free Stock Analysis Report

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