Techedge AI | Latest AI & Technology News Today

AI is fueling the growth of the online video platform market, projected to reach $2.39B by 2029, driven by live streaming, monetization, and user engagement.

The global online video platform (OVP) market is set to expand by USD 2.39 billion from 2025-2029, growing at a CAGR of 20.7%, according to Technavio. The increasing number of streaming platforms, live streaming adoption, and AI-powered personalization are major growth drivers. However, free open-source video platforms present a challenge to paid services.

The UK data center market is undergoing a transformation, with AI playing a crucial role in reshaping its landscape. According to Technavio, the market is projected to grow by USD 37.87 billion from 2024-2028 at a CAGR of 21.8%. The rapid adoption of multi-cloud solutions, 5G networks, and AI-driven automation is fueling this expansion. However, increasing power consumption and sustainability concerns pose significant challenges.

Synergist Technology and Cyber Eagle have announced a strategic partnership to address the growing need for AI cyber defense and monitoring solutions. As AI systems become increasingly essential in both civilian and defense sectors, securing them from cyber threats has become a top priority. This collaboration aims to deploy advanced technologies to ensure AI systems remain secure, resilient, and continuously operational.

DeepFest 2025, the world’s leading AI conference, has commenced in Riyadh, demonstrating how AI is shaping the future and solidifying Saudi Arabia’s position as a global AI leader. The event, running from February 9-12 at the Riyadh International Exhibition and Convention Centre, is co-located with LEAP, the Kingdom’s award-winning global tech event.

EXL, a global data and AI company, is set to host AI in Action: Australia & New Zealand 2025, a virtual event focused on equipping enterprises with practical AI strategies and innovations to drive measurable impact.