Humanoid Robot Startup Figure AI Seeks $500M Raise Led by Microsoft and OpenAI
[Investing]
2024/02/02 09:06
Figure AI Inc., a startup developing humanlike robots, is in talks to raise as much as $500 million in a funding round led by Microsoft Corp. and OpenAI, according to a person with knowledge of the matter.The startup is seeking additional investors for the deal, said the person, who asked not to be identified because the conversations are private. In one scenario being discussed, Microsoft woul...
Online Fine Art Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)
[Business]
2024/02/02 09:05
The Online Fine Art market is valued at USD 10.85 billion in the previous year and is expected to grow at a CAGR of 8.55%, reaching USD 17.48 billion by the next five years.Key HighlightsThe growing adoption of smart devices and internet penetration has impacted many industries, including the art market. With more individuals shopping online, the art market has seen increased sales through onli...
Why Gen Z Is Rejecting the Modern Workplace
[Consumer]
2024/02/02 09:04
For this generation the keys are flexibility, creativity, and independence.A 2021 statistical survey by Statista ranked Gen Z as the most entrepreneurial generation, a discovery that has led them to be called the Hustle Generation. Born between the mid-1990s and the early 2010s, Gen Z is stepping into adulthood with a mindset that sets them apart from their predecessors. This generation is gene...
K11 Musea’s Phygital Playground, Plus More Web3 Drops
[Business]
2024/02/02 09:03
The roundup and the verdict on the latest Web3, AI, and digital fashion drops.This week in Web3 news, Hong Kong’s buzzy retail-meets-art concept space K11 Musea and Spin.Fashion will up a new phygital portal to the public. In collaboration with Peter Yee, the unsung maestro behind Oakley’s hyper-futuristic silhouettes, the store will introduce shoppers to the burgeoning world of phygital desi...
CB Insights - State of Digital Health 2023 Report
[Investing]
2024/02/01 13:08
In 2023, digital health funding and deals continue to plummet from pandemic highs. Digital health has been hit hard by the ongoing venture downturn. In 2023, it suffered greater drops in funding and deals than venture at large.Based on our deep dive below, here is the TLDR on the state of digital health:Global digital health funding halved for the second straight year in 2023, while deals dropp...
(PDF) Bain - Generative AI in M&A : Where Hope Meets Hype
[Investing]
2024/02/01 09:10
Generative AI use for M&A deal processes is low at 16% today, but it is expected to reach 80% over the next three years.Early adopters are using generative AI primarily to identify targets or conduct document review, and they are seeing benefits.85% of current users indicated that generative AI met or exceeded their expectations.The biggest challenge for practitioners will be determining ho...
Why Co-Creation is The Future of Digital Fashion
[Business]
2024/02/01 09:09
In this Jing Meta op-ed, David Giordano, Head of Global Business Development at Brand New Vision, outlines how co-creation is driving fashion forward by putting consumers in the front seat.A transformative journey that began in the exclusive ateliers of haute couture has now expanded into the boundless potential of digital and virtual garment design, marking a significant shift in the fashion l...
(Infographic) The Modern AI Stack : The Emerging Building Blocks for GenAI
[Business]
2024/02/01 09:08
Design Principles for the Future of Enterprise AI Architectures.[click to enlarge]The future of the modern AI stack is being decided now. More than ever, machines are capable of reasoning, creation, and creativity, and these new capabilities are driving enterprises to reconstruct their tech stacks. While the early days of this AI transformation felt like the Wild West, today, builders are conve...
World's First AI Pothole Repair Robot Unveiled
[Tech]
2024/02/01 09:07
ARRES Prevent, a state-of-the-art robot with AI, detects and fills cracks autonomously, preventing water ingress and halting pothole formation.In a significant advancement concerning road maintenance, the world's inaugural pothole-preventing robot is poised for its debut road test in Hertfordshire in the United Kingdom. Crafted by tech firm Robotiz3d and University of Liverpool academics, this...
(PDF) Pew - Parents, Young Adult Children and the Transition to Adulthood
[Consumer]
2024/02/01 09:06
Financial independence is a work in progress; few young adults say their parents are too involved in their day-to-day lives.As parents watch their young adult children navigate the transition to adulthood, they’re feeling more proud and hopeful than disappointed or worried.And they’re highly invested in how life turns out for their kids. Most parents of young adults (71%) say their children’...
Adventure Whale AR Glasses Designed Specifically for Children with Dyslexia
[Design]
2024/02/01 09:05
Dyslexia is a learning disorder characterized by difficulty in reading, it is caused by localized dysfunction of the brain that processes language. Adventure Whale is a concept AR eyewear designed to help children with reading disabilities.Through their learning journey, the design can address various challenges and situational based on children’s needs. The main goal of this project is to mak...
(Infographic) Making a Memorable Super Bowl Ad
[Consumer]
2024/02/01 09:04
Ensuring your Super Bowl commercial makes an impact isn't just about casting a celebrity.There are attributes other than having a big name celebrity that make a Super Bowl ad memorable.With Super Bowl 58 commercials clocking in at $7 million for 30 seconds, advertisers are all trying to make a sure bet with their creative.According to a survey of Super Bowl watchers by United Talent Agency’s U...