Royal Philips (NYSE:PHG) reported quarterly earnings of €0.41 per share. This is a 28.07 percent decrease over earnings of €0.57 per share from the same period last year. The company reported €5.42 billion in sales this quarter. This is a 9.67 percent increase over sales of €4.94 billion in the same period last year.
Apple Unveils AI Tool That Makes Detailed Edits To Videos With Text Commands: Here’s How It Works
MGIE uses multimodal language models to interpret user prompts and then 'imagines' what the edit would look like.