TREND REPORTS
JPMorgan Says Its AI Cash Flow Software Cut Human Work By Almost 90%
[Investing]
2024/03/11 09:06
JPMorgan set a goal to generate $1.5 billion in business value with AI in 2023.The company launched a free cashflow intelligence AI tool for its corporate clients that impacted manual work at some firms.JPMorgan's analytics and insights solutions page mentions the tool as "an intuitive AI interface."JPMorgan launched a free Cash Flow Intelligence AI tool last year for its corporate customers, a...
China’s Luxury Market Set For Modest Growth In 2024
[Business]
2024/03/11 09:05
According to the latest “China Luxury Report” by Bain & Company, China’s luxury market is poised for modest growth this year after a commendable 12% year-on-year increase in 2023. Looking ahead to the end of the decade, Bain estimates that Chinese consumers will represent between 35% and 40% of the global total.This potential growth is underpinned by a surge in retail sales and tourism r...
This Electric Delivery Scooter’s Batteries Can be Automatically Changed by Robots
[Design]
2024/03/11 09:04
Electric vehicles are increasingly becoming preferred over gas-driven vehicles, but that doesn’t take away from the fact that EVs still have two psychological barriers they need to overcome – range anxiety, and long charging periods. Even with supercharging networks, you still need to wait multiple minutes to boost your batteries as compared to a gas station where you’ve filled your tank in...
(Paper) Lab-spun Sponges Form Perfect Scaffolds for Growing Skin Cells to Heal Wounds
[Tech]
2024/03/11 09:03
A new technique for electrospinning sponges has allowed scientists from the University of Surrey to directly produce 3D scaffolds—on which skin grafts could be grown from the patient's own skin.Electrospinning is a technique that electrifies droplets of liquid to form fibers from plastics. Previously, scientists had only been able to make 2D films. This is the first time anybody has electro-sp...
(Patent) Samsung’s Rollable Phones Will Be Able To Measure Air Quality
[Tech]
2024/03/08 09:10
Your phone is an absolute jungle of sensors – it can measure temperature changes, pressure changes, touch input, voice input, environment brightness, gyroscopic tilt, movement, among quite a few other things… and now Samsung wants it to measure the air quality around you too. It might seem odd at first (I felt so too), but this feature ties in with the broader approach at making your phone or...
(PDF) BCG - Shaping The Future of 6G
[Business]
2024/03/08 09:09
Next-generation technology could spark innovation, attract investment, grow adoption, and revitalize telecommunications. But to fully benefit from 6G, the industry must overcome legacy challenges.The telecommunications industry’s investments in disruptive wireless technologies over the past few decades have radically reshaped people’s daily lives, enabled the creation of massive new businesse...
(Video) Qatar Airways Readies Gen AI Agent Sama to Help Book Travel
[Business]
2024/03/08 09:08
Metaverse cabin crew Sama 2.0 lets customers experience in-flight entertainment, leading to more sales.[Sama 2.0 is a more humanlike AI digital entity, complete with expressions and simulated breathing.Qatar Airways]Qatar Airways is giving its digital cabin crew, Sama, a generative artificial intelligence makeover to improve its customer service experience and ultimately drive sales.Developed i...
Are The Bitcoin ETFs Eating Gold’s Lunch ?
[Investing]
2024/03/08 09:07
Bitcoin and gold were both top of mind at last week’s 2024 Investment U Conference in Ojai, California, which I had the privilege of presenting at. There was a rumor circulating that the Bitcoin price rally was sparked by a large financial institution recommending a 2% to 3% weighting to some of its high-net-worth clients. I can’t confirm this, but it’s being reported that Bank of America an...
Taylor Swift Retains Crown of World's No. 1 Recording Artist
[Business]
2024/03/08 09:06
2023 was a year of superlatives for Taylor Swift: she was the most-streamed artist in the world on Spotify and Apple Music, had the three best-selling albums in the United States.Her “Eras Tour” became the first ever to gross more than $1 billion and the documentary shot during the tour turned out to be the highest-grossing concert movie of all time. To top it all off, IFPI, the governing bod...
Photoroom, The AI Image Editor, Raised $43M at a $500M Valuation
[Investing]
2024/03/08 09:06
Photoroom, the AI-based photo-editing app out of Paris that has been growing like a weed targeting people doing business online while also attracting a lot of casual users to boot, confirmed it closed its latest funding round: $43 million at a $500 million valuation.We were the first to report that the round was in the works in January. At the time, it looked like it would be more than $50 mill...
Edrop Cap Water Purifier Provides Clean, Potable Water At Very Low Cost
[Design]
2024/03/08 09:04
There are more than 7 million people worldwide still don’t have access to safe drinking water, especially in impoverished areas where they don’t have proper water filtration facilities. Many of them still have to drink untreated surface water that often leads to bacterial infections and diseases.Edrop Cap Water Purifier is a concept water purifier that provides user with clean drinking water...
Why Chocolate is Becoming Much More Expensive
[Investing]
2024/03/08 09:03
Sales are down as chocolatiers raise prices. Now the industry is facing a reckoning.If you’re a chocoholic you may have noticed that your habit has lately become dearer. The price of cocoa began creeping up in the second half of 2022. Since then it has doubled, reaching an all-time high in January 2024 (see chart 1). That steep rise spells trouble for the chocolate business and sweet-toothed c...
