Microsoft Inks Deal With Nvidia-Backed CoreWeave For AI Computing Power

Microsoft needs more ways to tap Nvidia’s graphic processing units as demand grows for processing power and cloud infrastructure to run generative AI models. Microsoft seems to have found it in
Nvidia-backed startup CoreWeave.

AMC Theaters Ends ‘On-Demand,’ Library Moves To Fandango’s Vudu

AMC Theaters will end its “On Demand” pay-per-view film service and move its films to Vudu beginning June 1. Customers of the AMC service will get a 15% discount on all Vudu purchases during the first
month of service.

California Advances Legislation Requiring Tech Companies To Pay For News

The California Journalism Preservation Act, passed 46-6 by the state Assembly, would force tech companies to pay online news publishers a percentage of ad revenue attributable to their articles.

Snap Launches New Lenses, AR ‘Learning Hub’ For Creators, Businesses

For creators and businesses that want to enhance their creative output, Snap has announced new AR lenses built by the platform’s AR community and a ‘Learning Hub” offering free lessons in AR creation.

Texas Passes Bill Restricting Teens’ Social Media Use

Unless vetoed, the Securing Children Online through Parental Empowerment Act will require social media platforms to allow parents to access their teens’ social media accounts.