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Globant and LaLiga Tech to Pilot Generative AI Applications to Reinvent Sports Tactics and Broadcasting

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Using Microsoft Azure OpenAI Service, this joint effort between Globant, LaLiga Tech, and Microsoft will improve available sports data and enhance the experience for millions of fans all over the world

This collaboration, that started in football, will expand in other sports as basket, rugby and tennis in the next few months

MADRID, Aug. 17, 2023 /PRNewswire/ — Globant (NYSE: GLOB) and LaLiga Tech have come together to collaborate with Microsoft on a series of initiatives with the goal of fostering the transformation of sports in various domains through the utilization of Artificial Intelligence.

After years of collaboration between Microsoft, Globant, and LaLiga to create digital products and solutions that help the reinvention of sport and entertainment, LaLiga Tech – after Globant’s partnership with LaLiga – is extending this initiative beyond football to other sports such as basketball, rugby and tennis.

The new projects now underway are designed to improve the data available to coaches in order to help real-time decision-making, enhance the experience of fans around the world by automatically generating new, personalized content, and to deliver immersive new materials for broadcasters.

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  • NRT Multi Language Subtitles, focused on the automatic generation of multilingual subtitles adapted in Near Real Time (NRT) for all live sports matches using technologies such as Whisper and GPT 3.5, generating additional inclusive features including options for people with hearing impairment.
  • Automatic Sports Content Translations, helping sports organizations to increase their engagement with global fans by automatically translating their content to a myriad of languages using GPT 3.5 and GPT 4.
  • Mediacoach Metrics, updating LaLiga Tech’s leading sports data visualization platform to provide additional real-time metrics to each team’s head coach and their assistants. New contextualized stats are constantly being developed and evolved by reviewing images from the perimeter cameras used for capturing all player and ball movements.
  • Match briefings and highly personalized content tailored to Fans and Clubs, which strengthen fan engagement and reduce churn by providing more relevant content thanks to GPT-3.5 and GPT-4.

Using Microsoft Azure OpenAI Service, LaLiga Tech will have access to AI tools such as advanced data analytics, natural language processing, and machine learning. This solution enables them to harness the power of the most advanced AI models (including OpenAI GPT-4 and GPT-3.5), combined with Azure business services and AI-optimized infrastructure.

Agustin Huerta, SVP of Technology of Globant, claims that “For a decade, artificial intelligence and data have been an integral part of Globant’s vision, been applied transversally to all areas of the company, from talent circuits to operational models, to deploy solutions to increase productivity and efficiency”. And adds: “With this joint venture with LaLiga, we are working to extend our capabilities to LaLiga Tech with the support of a big partner such as Microsoft, and the first tests have proven to be disruptive and successful”.

Gonzalo Zarza, Chief Data Officer at LaLiga Tech, adds: “LaLiga Tech brings together Globant’s technological capabilities and LaLiga’s sporting expertise to create a unique landscape that places sports reinvention at the core of its activity”.

“At Microsoft, we are pleased to work with LaLiga Tech and Globant on this initiative to help transform sports through Artificial Intelligence and the power of Azure. Our relationship with LALIGA represents a significant milestone in our longstanding collaboration, where we have successfully developed digital products and solutions that have redefined the landscape of sports and entertainment. We are excited about the possibilities that AI brings to this area, and we remain committed to using our technology to drive positive change and enhance the sports industry for everyone involved,” explains Ignacio León, Enterprise Commercial Lead of Microsoft Spain.

Led by its technology innovation team, LaLiga Tech is continually innovating with artificial intelligence to provide world-class products and services to sports fans all over the world. In close alignment with Globant, LaLiga Tech embraces the principles of the AI Manifesto and leverages broad cross-industry expertise to maintain a common vision, overcoming ethical challenges and social risks.

About Globant

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We are a digitally native company that helps organizations reinvent themselves and unleash their potential. We are the place where innovation, design, and engineering meet at scale.

  • We have more than 27,000 employees and we are present in 25 countries and 5 continents working for companies like Google, Electronic Arts and Santander, among others.
  • We were named a Worldwide Leader in AI Services (2023) and Worldwide Leader in CX Improvement Services (2020) by IDC MarketScape report.
  • We were also featured as a business case study at Harvard, MIT, and Stanford.
  • We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: [email protected] 

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For more information, visit www.globant.com.

About LaLiga Tech

LaLiga Tech is a provider of digital transformation solutions to the global sports and entertainment sector, powered by Globant and LALIGA.

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LaLiga Tech offers a single interconnected data ecosystem that helps customers to achieve growth through technology, adopt new business models and expand their global impact. Its solutions combine technology, data, experience design and business strategy to revolutionize areas such as fan engagement, global streaming, monetisation of digital assets, competition management, real-time data capture, content innovation and anti-piracy. This ecosystem has formed a central part of LALIGA since 2014 and is now used by a wide range of global competitions, broadcasters, federations and clubs to reach the next stage of their digital transformation.

Contact: [email protected]

Logo – https://mma.prnewswire.com/media/959011/4225166/Globant_logo_actualizado.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/globant-and-laliga-tech-to-pilot-generative-ai-applications-to-reinvent-sports-tactics-and-broadcasting-301903424.html

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Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

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Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

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Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

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Italy Ramps Up Crypto Oversight in Line with MiCA

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Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

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This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

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Blockchain

1inch Network Teams Up with Blockaid for Shield API

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1inch Network has collaborated with Blockaid to introduce the 1inch Shield API, a pioneering advancement in Web3 security. This collaboration aims to enhance user protection within decentralized finance (DeFi) by bolstering defenses against fraudulent tokens. Blockaid, renowned for its expertise in Web3 security solutions, utilizes advanced data analytics and machine learning to swiftly identify and flag scam tokens, safeguarding users from potential financial risks.

The 1inch Shield API also addresses compliance with Anti-Money Laundering (AML) regulations through continuous screenings of blockchain addresses. Powered by TRM Labs, this feature scrutinizes addresses for associations with sanctioned entities and illicit activities, preemptively restricting suspect addresses to prevent regulatory infractions.

Additionally, 1inch integrates Etherscan Pro’s blocklisting capabilities to proactively blacklist suspicious addresses, further fortifying its security measures.

This initiative marks a significant milestone in DeFi security, promising unparalleled levels of security and compliance. As 1inch continues to deploy this technology across its platform, it aims to provide developers and users with enhanced protection and confidence in navigating the Web3 landscape.

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Source: cryptotimes.io

The post 1inch Network Teams Up with Blockaid for Shield API appeared first on HIPTHER Alerts.

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