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Samsung plans to bring AI-powered video generator to Galaxy devices
As the popularity of AI tools is rapidly growing, Samsung is reportedly planning to bring a video generator to Galaxy devices. Tipster @Tech_Reve today revealed that the company has plans to integrate a video-generating AI app that creates short-form videos into Galaxy phones.
The tipster also claimed that Samsung invested in “Irreverent Labs” and engaged in discussions regarding related business endeavors. Earlier, TechCrunch reported that Washington–based startup called Irreverent Labs just closed on a new round of funding, led by Samsung Next.
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Per Irreverent Labs’ co-founder and CEO, Rahul Sood, the company elected to work more closely with Samsung as a strategic investor partly to access Samsung Next portfolio companies that may want to use its API. Further, the outfit will be working with Samsung’s device units in order to develop a larger distribution strategy.
Apart from this, Korean media reported that Samsung could launch its own-developed Generative AI chatbot in September. For now, the chatbot is likely to be only available for the company’s employees, while Samsung Internet might gain AI capabilities in the future.
Google Wallet for Wear OS is getting updated with new features. The company announced a handful of nifty features are coming to both Android and Wear OS versions of the Google Wallet app. PayPal also joins as a new payment service on Google Wallet for Samsung Galaxy Watch.
Samsung Galaxy Watch running Wear OS gains support for PayPal in Google Wallet. Users residing in the US and Germany can now make secure payments with PayPal on Google Wallet from Wear OS watch.
Aside from this, Google Wallet for Android will also be getting digital key support for more car models. The company highlights that the Digital car key is now available on select MINI models and will expand soon to select Mercedes-Benz and Polestar vehicles.
Support for Digital Car Key will allow you to lock, unlock, and start your car with just your phone. You can also securely share your digital car key with family and friends.
These features are rolling out as part of Google’s commitment to refreshing the Android and Wear OS ecosystem. The distribution is taking place gradually, meaning all users won’t be able to use these new additions immediately, but it will be soon!
Samsung and Lennox are forming a joint venture to sell ductless HVAC systems in the US and Canada. The company is collaborating with Lennox, which is a leading provider of innovative climate solutions in the HVACR industry.
SmartThings AI
The Korean tech giant aims to leverage its leadership in AI, software, smartphones, and semiconductors to provide more smart home services through the easy connection of Samsung SmartThings devices.
With SmartThings Energy, users can monitor overall energy consumption within the home, while SmartThings Energy’s AI Energy mode helps save energy consumption of connected home appliances.
“We are pleased to have entered into a long-term collaboration with Lennox to lead the air conditioning market,” said Choi Kyung-sik, president of Samsung Electronics North America.
The joint venture will distribute Samsung ductless products in United States and Canada as well as “Lennox powered by Samsung”-branded products for Lennox, which will be sold through Lennox stores and direct-to-dealer network.
Samsung believes the joint venture will help it strengthen its position in the North American HVAC market. Samsung will own 50.1% of the joint venture, Samsung Lennox HVAC NA, and Lennox will own 49.9%.
Samsung is seemingly in trouble as a labor union plans to go on strike. The company has been facing concerns with employee dissatisfaction over wage increments. As the wage negotiations apparently failed, workers are in no mood to go back from unannounced protest.
Bloomberg reports that Samsung Elec’s unionized workers are planning to go on strike amid stalled wage negotiations. In the recent past, there were various rounds of talks and negotiations between Samsung’s management and labor union.
However, there is no positive outcome of the discussions held since January 2024. The report also mentions that the management and labor union failed to narrow their differences. If realized, it would mark the first-ever walkout by workers at Samsung Electronics.
“We declare a strike due to the management’s attitude of disregarding the workers,” the labor union said.
Reports say that the unionized labor union has the largest number of employees of Samsung Electronics. If such a huge number of workforce stalls, the company will face issues with manufacturing and production in various businesses.