TREND REPORTS
(PDF) Bain - Technology Report 2024
[Business]
2024/10/23 09:10
AI Market Will Surge to Near $1 Trillion by 2027, Bain Says. Market for AI hardware, services growing 40% to 55% a yearThe global market for AI-related products is ballooning and will hit as much as $990 billion in 2027, as the technology’s quick adoption disrupts companies and economies, Bain & Co. said.The market, including artificial intelligence-related services and hardware, will grow...
Runway Releases New AI Facial Expression Motion Capture Feature Act-One
[Tech]
2024/10/23 09:09
AI video has come incredibly far in the years since the first models debuted in late 2022, increasing in realism, resolution, fidelity, prompt adherence (how well they match the text prompt or description of the video that the user typed) and number.But one area that remains a limitation to many AI video creators — myself included — is in depicting realistic facial expressions in AI generated...
Whole Foods Market Forecasts the Top 10 Food and Beverage Trends for 2025
[Business]
2024/10/23 09:08
Industry experts share the trends set to transform our plates in this 10th annual report from the world's leading natural and organic foods retailer 1. International Snacking The snack aisle is a perfect place for disruption with brands taking on salty snacks like popcorn and adding in global flavors to create fusion foods that have mass appeal and entice consumers to try something new. On pack...
IMF Lowers Global Growth Forecast, Warns of Increasing Risks
[Investing]
2024/10/23 09:07
Fund sees wars, protectionism posing threats to expansion. Euro-area outlook reduced on manufacturing in Germany, Italy.The International Monetary Fund lowered its global growth forecast for next year and warned of accelerating risks from wars to trade protectionism, even as it credited central banks for taming inflation without sending nations into recession.Global output will expand 3.2%, 0.1...
(Video) AI Head-Cameras Trained to Spot and Prevent Mistakes in Medication
[Tech]
2024/10/23 09:06
The system is intended to prevent "vial-swap" errors, which can prove fatal in some instances.It would be an understatement to say that things can get pretty hectic in a hospital emergency room … enough so that staff occasionally administer the wrong medication. Soon, however, AI-enabled wearable cameras could help keep that from happening.Intravenous drugs are typically stored in vials until...
(Infographic) Tech Manufacturers by R&D Investment Change in 2023
[Tech]
2024/10/23 09:05
This chart shows how R&D spending has changed for major chipmakers, and other related companies in the “Internet Communication Technology” space, such as smartphone manufacturers, and infrastructure providers.Data is sourced from the Global Innovation Index 2024, an annual report produced by the World Intellectual Property Office.Nvidia might have a significant first-mover advantage but a...
Wind Turbine Gets Amazing Second Life as 376-sq-ft Tiny House
[Product]
2024/10/23 09:04
You probably knew that wind turbines can be absolutely massive. But did you know the 'nacelle,' which sits at the top of the turbine and houses components like the generator and gearbox, is large enough to live in?That's the idea behind a recent project to repurpose decommissioned turbines. European energy company Vattenfall, in partnership with international architecture collective Superuse St...
A Cosmic Solution for Skin Care
[Design]
2024/10/23 09:03
In today's world, the changing climate challenges our skin with extremes of temperature and humidity we've never experienced before. And our busy lifestyles stress our skin even more.But no earthbound environment is as challenging as the environment of outer space.At POLA, we looked to the cosmos to find a new way to care for your skin. We researched the tight junctions between cells, and disco...
(PDF) Mckinsey - Global Payments in 2024 : Simpler Interfaces, Complex Reality
[Investing]
2024/10/22 09:10
Global payments are becoming simpler for users, but complexity keeps growing behind the scenes. This year’s report explores this paradox and the options for providers.The tantalizing vision for global payments has long been that they’d be safe, simple, quick, inexpensive, and ubiquitous. This promise has come closer with each new technological advance. However, instant payments have ushered i...
(M&A) Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge
[Investing]
2024/10/22 09:09
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion deal, according to TechCrunch founder Michael Arrington. Stripe’s largest acquisition to date, and the largest acquisition in the crypto industry’s history, Bridge had raised $58 million from investors and was previously valued at $200 million. Bridge offers software that helps businesses accept payments in stab...
(Patent) Xiaomi Smart Ring Patent Suggests Auto-Adjusts to Your Finger Size
[Tech]
2024/10/22 09:08
The Xiaomi smart ring seems to have an elastic component that enables this auto-adjustable design. You can read about the various sensors, and components present in this ring making it a smart device. It could be used as a phone companion to control features like the camera.Choosing the right fit for current smart rings can be complicated. You need to try different sizes from a sizing kit, and...
Consultants Keep Winning The AI Wars
[Business]
2024/10/22 09:07
Bain is the latest consulting firm to cash in on the AI boom.In late June, we discussed how consulting firms had quietly become the big winners of the AI boom.Accenture generated $900 million, or an annualized $3.6 billion, in GenAI bookings in Q3, compared to OpenAI’s annualized revenue of $3.4 billion at the time. Additionally, Boston Consulting Group, which had $12.3 billion in 2023 revenue...
