CURRENT AFFAIRS

Detailed explanation-1: -For those uninitiated, Alter helps creators and businesses create AI-based virtual avatars to express their virtual identities.

Detailed explanation-2: -Google Completes $5.4 Billion Acquisition of Mandiant | Data Center Knowledge | News and analysis for the data center industry.

Detailed explanation-3: -Google has purchased a startup called Raxium specializing in MicroLED displays as part of its Devices & Services group, 9to5Google has reported. Raxium is developing what it calls “ultra-compact, low-power, high resolution” displays, so Google may be planning to use it in future augmented or virtual reality devices.

Detailed explanation-4: -Tech giant Google has acquired Alter, an artificial intelligence (AI) avatar startup that was working on using AI to generate avatars for social media users, brands to express their virtual identity.

Detailed explanation-5: -The Information’s report held Raxium was sold to Google for $1 billion, however official details of the acquisition are still murky. Google says Raxium will join its Devices & Services team, which is tasked with development of Google’s consumer devices.