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Yahoo
26-05-2025
- Business
- Yahoo
Wix Acquires Hour One to Boost Generative AI and Drive Innovation
Ltd. WIX has announced the acquisition of Hour One, a pioneer in generative artificial intelligence (AI) media creation. This move further strengthens Wix's position at the forefront of AI-driven digital experiences, enhancing its capabilities in advanced web and visual design. Hour One specializes in technology that enables scalable production of studio-quality content. Its platform allows users to create personalized videos and interactive media, combining storytelling with real-time engagement. Its proprietary cloud infrastructure integrates generative AI inference with advanced 3D rendering, making it a valuable asset that positions Wix at the forefront of scalable, high-impact content creation. Ltd. price-consensus-chart | Ltd. Quote Wix highlighted that this acquisition significantly expands its AI expertise and aligns with its vision of making web creation faster, smarter and more immersive. Bringing this technology in-house allows the company to maintain greater control over front-end innovations, reduce third-party dependencies and manage costs more effectively. WIX is focusing on generative AI, which represents a significant business growth driver. It is also embedding AI assistants across its platform and continues to add new products to capitalize on the AI boom. New AI business assistants are improving operational efficiency and customer conversion rates. The recent launch of Wixel is a primary step in this direction. Wixel introduced in May 2025 is a new standalone AI-driven visual design platform designed to make professional-grade design accessible to everyone. Combining advanced AI with a user-friendly interface and robust features, Wixel empowers users to easily transform ideas into high-quality visual content with minimal effort. Before that, Wix launched the Model Context Protocol (MCP) Server, allowing developers and business owners to create production-ready Wix solutions through AI coding assistants and large language models. The MCP Server enables seamless code generation and business management using natural language via tools like Claude, Cursor and Windsurf. It provides access to key Wix functionalities such as inventory management, staff scheduling, secure checkouts, ticketing, a flexible CMS and CRM features for lead capture and back-office operations. In April, 2025, Wix introduced an AI-powered adaptive content application. This innovative tool is designed to dynamically personalize website content, tailoring it to individual visitor characteristics and user-defined instructions, thereby boosting engagement and enhancing the user experience. Wix unveiled Astro, an AI-powered business assistant designed to enhance user productivity and streamline business operations in April 2025. This innovative tool allows users to interact through a chat-based interface to perform a wide range of business and back-office tasks effortlessly. Astro represents the first in a series of AI-driven agents Wix plans to introduce, setting the foundation for increased efficiency, better monetization and business growth for users. Wix is focusing on AI to reduce user friction, enhance design quality and speed up time-to-market for customers. Recently, WIX reported first-quarter 2025 results, wherein non-GAAP earnings per share (EPS) came to $1.55 compared with $1.29 in the year-ago quarter. Quarterly revenues increased 13% year over year to $473.7 million. The top line exceeded management's guidance ($469-$473 million), driven by strong performance of the new user cohort and continued healthy engagement from existing users. Wix is focusing on AI to reduce user friction, enhance design quality and speed up time-to-market for customers. Wix continues to expect revenues to grow 12-14% in the range of $1.97-$2 billion for 2025. Management reiterated non-GAAP total gross margin at 70% and non-GAAP operating expenses to be 47-48% of 2025 net sales. WIX currently carries a Zacks Rank #3 (Hold). Shares of the company have declined 11% in the past year against the Computers - IT Services industry's growth of 5.2%. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Unisys Corporation UIS, Stem, Inc. STEM and Cognizant Technology Solutions Corporation CTSH. UIS sports a Zacks Rank #1, while STEM and CTSH carry a Zacks Rank #2 (Buy). Unisys' earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing in one, with the average surprise being 46.85%. In the last reported quarter, UIS delivered an earnings surprise of 79.17%. The company's long-term earnings growth rate is 15%. Its shares have increased 6.8% in the past year. Stem's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing in one, with the average surprise being 12.34%. In the last reported quarter, STEM delivered an earnings surprise of 25%. Its shares have surged 8.3% in the past six months. Cognizant's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 6.38%. In the last reported quarter, CTSH delivered an earnings surprise of 3.36%. Its shares have increased 15.8% in the past year. 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 Cognizant Technology Solutions Corporation (CTSH) : Free Stock Analysis Report Unisys Corporation (UIS) : Free Stock Analysis Report Stem, Inc. (STEM) : Free Stock Analysis Report Ltd. (WIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
CTV News
16-05-2025
- CTV News
'Irate' customer flips server's entire tray of food after being asked to leave U.S. restaurant
Watch Police are looking for a Florida man who flipped an entire tray of food off a server's arm after he was asked to leave a busy restaurant on Mother's Day.
Mint
10-05-2025
- Business
- Mint
AI Tool of the Week: How to transform ideas into professional diagrams with AutoDiagram tool
Manually creating a flowchart can eat up a lot of time, even when you have a clear plan. You start by placing boxes, drawing connecting arrows, and labeling each step. Adjusting spacing, fixing misaligned connectors, and resizing shapes sends you back into formatting mode. With each small tweak—moving a box, redrawing an arrow, or editing text—you lose your train of thought. By the time the diagram looks right, you've spent more time wrestling with layout than refining your ideas. Solution: AutoDiagram AutoDiagram is an AI-powered tool designed to instantly convert code or textual descriptions into clear, professional diagrams. Its primary function is to simplify and automate the process of creating a wide variety of diagrams. How to access: AutoDiagram can help you: • Instant generation: Generate diagrams instantly from code or plain-text descriptions. • Extensive support: Supports over 20 diagram types, from sequence and class diagrams to ER charts and mind maps. • Multiple formats: Export in SVG, PNG, or PDF for seamless sharing. Example: Imagine you are a product manager at a fintech startup building a secure website. Before the sprint, you need a clear flowchart of the OAuth2 authentication flow covering user login, credential validation, MFA, JWT issuance, and resource access. With AutoDiagram, simply paste your prompt description and let it generate the diagram. Prompt: Create a flowchart illustrating the OAuth2 authentication flow for a web application: 1. User submits login form (username & password) 2. Front-end sends credentials to Auth Server 3. Auth Server validates credentials └─ If invalid, return 'Login Failed" and end 4. Auth Server triggers MFA (SMS or email OTP) 5. User enters OTP 6. MFA Service verifies OTP └─ If invalid, return 'MFA Failed" and end 7. Auth Server issues JWT access token 8. Front-end stores JWT and includes it in API requests 9. API Gateway receives request and validates JWT signature └─ If invalid/expired, return '401 Unauthorized" 10. Gateway routes valid request to Resource Server 11. Resource Server returns protected data Use: - Rectangles for steps - Diamonds for decision points - Solid arrows for synchronous calls, dashed arrows for asynchronous events - Blue nodes for user actions, gray nodes for system processes - Minimalist style suitable for a technical spec document What makes AutoDiagram special? • No drawing: No manual drawing—diagrams in seconds. • Context-aware: AI suggests the best layout and diagram type. • Free start: Begin without a credit card; scale as needed Mint's 'AI tool of the week' is excerpted from Leslie D'Monte's weekly TechTalk newsletter. Subscribe to Mint's newsletters to get them directly in your email inbox. Note: The tools and analysis featured in this section demonstrated clear value based on our internal testing. Our recommendations are entirely independent and not influenced by the tool creators. Jaspreet Bindra is co-founder and CEO of AI&Beyond. Anuj Magazine is also a co-founder.
Associated Press
20-02-2025
- Business
- Associated Press
Unigen to Showcase AI Products for Gate Security at FENCETECH 2025
/ -- Unigen, a global leader in the design and manufacturing of industrial and enterprise grade OEM products, as well as a provider of comprehensive Electronic Manufacturing Services, is gearing up for FENCETECH 2025 in Salt Lake City, Utah from February 26-28, 2025. This event is the premier annual trade event for manufacturers and suppliers to the fence, gate, and perimeter security industries. Visit our booth (#828) to see Cupcake, Unigen's Ruggedized Compact Edge AI Server in action with live multi-stream video tracking for safety and surveillance. Unigen will also showcase Poundcake Inference Server with 8x integrated Unigen Biscotti E1.S AI Modules with fully integrated Video Management System (VMS) capable of handling up to 100 live streams concurrently. About Unigen Corporation Founded in 1991, Unigen is an established global leader in the design and manufacture of OEM products including SSDs, DRAM modules, NVDIMMs, Enterprise IO and AI solutions. Unigen also offers a full array of Electronics Manufacturing Services (EMS), including design, quick-turn prototyping, new product introduction, volume production, supply chain management, assembly & test, and aftermarket services. Headquartered in Newark, California, the company operates state-of-the-art manufacturing facilities (ISO-9001/14001/13485 and IATF 16949) in the heart of Silicon Valley as well as offshore in Vietnam. Unigen offers its products and services to customers worldwide targeting a broad range of end markets including automotive, computing and storage, embedded, medical, AI, robotics, clean energy and IoT. Learn more about Unigen's products and services at Jeff Chang
