Bitmovin, an early player in video infrastructure for virtual reality online has secured $10.3 million in Series A venture capital funding. As in all emerging technology fields, venture capital funding is a key metric to understand how a new industry is taking shape. Bitmovin says the money will be used to accelerate the development of video playback for existing and new platforms, including 360-degree video for virtual reality (VR). Demand for virtual reality video is progressing rapidly. Read more at GraphicSpeak
Q1 revenue was down 9% year over year, with particular softness in the client business.
The big new display coming for new Mercedes Benz models is the outward expression of the carmaker's long alliance with Nvidia. We've been telling you that alliances take a long time to bear fruit in the automotive industry. The big responsive display is powered by the Nvidia DRIVE platform. It is taking advantage of eight CPU cores, 24-gigabyte RAM, and 46.4 GB per second RAM memory bandwidth are some of the MBUX technical specifications. Let's not go out tonight honey, let's stay in and watch in the car.