Hover Raises $25M to Turn Pictures of Homes Into 3D Models
[Investing]
2019/05/07 09:06
Hover, a startup developing AI-imbued apps that create customizable 3D models of homes from smartphone photos, today announced that it has raised $25 million in series C funding from Menlo Ventures, with participation from previous investors, including GV (formerly Google Ventures) and Standard Industries. This brings the company’s total venture capital raised to $87 million and will be used t...
SoftBank’s Cash has Poured Out - It’s Starting to Come Back
[Investing]
2019/05/07 09:06
Shares up 41% since December as ‘conglomerate discount’ finally begins to narrow.Since SoftBank founder Masayoshi Son launched his $100bn Vision Fund in 2017, the business world has been fixated on the outflows: billions have gone to companies that range from Grab, the Singaporean car-hailing service, to WeWork, the US shared office provider.The critical view of Mr Son as an opportunistic and...
An Autonomous Smart Scooter to Drive You Home - Pal
[Design]
2019/05/07 09:04
The concept aims to provide an alternative form of "last-mile" travel to home or other destinations.UK design studio Layer is designing a smart autonomous scooter with Chinese electric vehicle company NIO. The scooter, called Pal, will use machine learning to remember a passenger’s regular routes. It will learn the route over time, eventually becoming autonomous, the company said. It will resp...
(Infographic) The Consumer Potential of Retail Cannabis
[Business]
2019/05/07 09:03
“Eat, drink, and be merry” is becoming an increasingly common mantra for cannabis consumers. It’s also a refrain that speaks the evolving demand picture for cannabis in a post-legalization environment, as it becomes clearer what products consumers want to see coming from the sector.Today’s infographic comes to us from The Green Organic Dutchman, and it dives deeper into the profound investo...
(PDF) Mckinsey - China Luxury Report 2019
[Business]
2019/05/06 09:10
Global brands face new opportunities as luxury represents a powerful form of social capital for young Chinese consumers.Set to be the engine of global spending on high-end shoes, bags, fashion, jewelry, and watches, China’s affluent upper-middle class presents an enticing prospect for the world’s designer brands. In fact, Chinese luxury spending is expected to double to 1.2 trillion renminbi...
(IPO) Beyond Meat Soars 163% in Biggest-Popping U.S. IPO Since 2000
[Investing]
2019/05/06 09:09
Plant-based meat maker’s stock nearly triples from original IPO price. Beyond Meat Inc. stock skyrocketed Thursday in the best-performing public offering by a major U.S. company in almost two decades.Shares of the plant-based meat maker — which priced its IPO at $25 a share Wednesday evening — started trading at $46 a share shortly after noon on the Nasdaq, and surged to $65.75 by the end of...
(Paper) Synthesia Prove That Not All Deep Fakes are Malicious
[Tech]
2019/05/06 09:08
Last week we touched on how convolutional neural networks can be easily duped using nothing more than a computer-generated "patch" applied to a piece of cardboard. This week we want to keep the theme of neural networks alive, only this time addressing the fascinating topic of deep fakes. We have discussed this before (here), touching on how hyper-realistic media formats, such as images and vide...
Google’s DeepMind to Create First Product to Spot Eye Disease
[Tech]
2019/05/06 09:07
DeepMind, the British artificial intelligence group, has built a working prototype of a device that can diagnose complex eye diseases in real time, in a major step towards the Alphabet-owned company’s first medical device.In a live demonstration this month of its AI system, where a patient agreed to be examined publicly, DeepMind performed a retinal scan and real-time diagnosis of her eye. The...
(Video) Israel’s Electreon Wireless e-Road Technology to be Piloted in Sweden
[Tech]
2019/05/06 09:05
Electreon leading a $12.5m electric transportation project by an international consortium aiming to reduce CO2 emissions from heavy trucks and buses.The Swedish Transport Administration chose a wholly owned Swedish subsidiary of Israeli company Electreon Wireless to lead a consortium in building the world’s first demo of a road that will wirelessly charge an electric truck and an electric bus...