Singularity announced the launch of SingularityShield Income Cover, the first income‑protection policy specifically designed for workers whose roles are eliminated by AI‑driven automation.With AI adoption accelerating across every sector, workers face unprecedented displacement risk. SingularityShield provides the first data‑driven safety net built specifically for the age of artificial inte...

Comments made by CEO BVR Subrahmanyam of the Indian government think tank NITI Aayog about the size of the Indian economy have made headlines in the country's media. On Saturday, the head of the organization said that India was the world's fourth largest economy "as I speak". Subrahmanyam cited IMF data to back up the claim. In fact, India is projected to overtake Japan and move up into rank fo...

McKinsey & Co.'s consultants are using the firm's generative AI platform, Lilli, to draft proposals and create PowerPoint slides, taking over tasks typically performed by junior employees.The internal AI program has developed enough since its 2023 launch for executives to view it as a member in each team of associates. McKinsey & Co.’s consultants are increasingly drafting proposals an...

Middle East Luxury Sales Surge 6% to $12.8 Billion While Global Market Contracts, According to New Report from Chalhoub Group.The Gulf region saw 6 percent growth in luxury sales to $12.8 billion last year, in sharp contrast to global markets, which saw a 2 percent decline.New market data released by Chalhoub Group reveals the region’s luxury ecosystem is one of the strongest globally, powered...

Let’s be honest, the tech world hasn’t felt this electric since Steve Jobs pulled the original iPhone from his pocket. Sure, we felt a few sparks fly in 2024 when Rabbit and Humane announced their AI devices, but that died down pretty quickly post-launch. However, when news broke that OpenAI had acquired Jony Ive’s mysterious startup “io” for a staggering $6.5 billion, the speculation mach...

Specialized robots that can both fly and drive typically touch down on land before attempting to transform and drive away. But when the landing terrain is rough, these robots sometimes get stuck and are unable to continue operating. Now a team of Caltech engineers has developed a real-life Transformer that has the "brains" to morph in midair, allowing the dronelike robot to smoothly roll away a...

Housing affordability in the United States has taken a sharp turn for the worse in recent years, as home prices surged to historical highs during and after the pandemic and mortgage rates climbed to levels last seen in the early 2000s, as the Fed was forced to raise interest rates to rein in inflation.It all began with a surge in demand for houses during the Covid-19 pandemic, when many America...

You'll never have to carry your clubs around the course again – or even from the car to the clubhouse – with this new AI-powered camera-equipped smart caddie, which will even recognize you and follow every step of the way.One model will even assess your swing in real time, displaying feedback on a bright, sturdy screen attached to the buggy. What's more, both available models are almost half...

Why do some companies grow faster, adapt quicker, and consistently outperform their peers—while others stall, stagnate, or fade? The answer is corporate vitality: the ability not just to grow but to sustain value-creating growth over time.Corporate vitality is a proprietary measure that BCG developed to assess a company’s potential for long-term growth. It is based on nearly a decade of BCG r...