Oura acquires Doublepoint, a startup that specializes in gesture recognition technology | TechCrunch

Oura acquires Doublepoint, a startup that specializes in gesture recognition technology | TechCrunch

Oura announced on Thursday that it has acquired Doublepoint, a startup that specializes in technology that enables users to control wearables through simple, natural movements using a combination of artificial intelligence and biometric data. The financial terms of the deal were not disclosed. The move paves the way for the company to incorporate these controls into its smart rings. “Doublepoint’s …

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Rad Power Bikes brand will live on as Life EV completes acquisition of Seattle e-bike maker’s assets

Rad Power Bikes brand will live on as Life EV completes acquisition of Seattle e-bike maker’s assets

Seattle-based Rad Power Bikes makes a variety of electric bicycle styles. (Rad Power Bikes Photo) Rad Power Bikes‘ run as an independent electric bike manufacturer is over, but the brand will live on following the closure of the Seattle-based company’s acquisition by Life Electric Vehicles Holdings, Inc. (Life EV). Life EV announced Thursday that its court-approved asset acquisition had been …

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Oura buys gesture-navigation startup DoublePoint

Oura buys gesture-navigation startup DoublePoint

Smart ring maker Oura has acquired Doublepoint, a company that specializes in gesture recognition for wearables. The Finnish startup uses smartwatches and wristbands as examples of products that benefit from its technology, but Oura will clearly be looking to incorporate it into its rings, in theory allowing you to control your connected devices with hand movements. Oura said in a …

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Netflix buys Ben Affleck’s AI filmmaking company InterPositive | TechCrunch

Netflix buys Ben Affleck’s AI filmmaking company InterPositive | TechCrunch

Netflix on Thursday morning said it is acquiring InterPositive, a filmmaking technology company founded in 2022 by actor Ben Affleck. The acquisition aligns with Netflix’s approach to the use of generative AI in filmmaking: The company has already used generative AI for special effects in some original content, and has assured investors that it is “very well positioned to effectively …

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UK unveils £40M frontier AI lab to strengthen tech independence

UK unveils £40M frontier AI lab to strengthen tech independence

The UK is planning to invest £40 million in a state-backed frontier AI lab in a push for tech independence and to compete in the global race. The UK government has announced plans to build “sovereign AI” in an effort to reduce its reliance on major American technology companies such as Google, Anthropic, and OpenAI. The initiative aims to strengthen …

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China announces five-year plan to support families, boost births

China announces five-year plan to support families, boost births

BEIJING: China has announced a five-year plan to create a “childbirth-friendly society”, addressing concerns over employment, education, healthcare, income, and overall family support, according to an official government report released Thursday. Authorities said they will improve population services and respond proactively to the challenges of an ageing population by promoting high-quality, full employment, enhancing income distribution, and refining the social …

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