TREND REPORTS
Patagonia Finally Solved The Puzzle of How to Recycle a Wetsuit
[Product]
2024/07/18 09:05
Wetsuits are terrible for the environment. A new recycling process could change that.Product designers are tasked with creating products that their customers will love. Patagonia’s designers do this too, but they’re also saddled with a much harder job: figuring out how to repair that product, then ultimately find a way to recycle it.This can often be an obstacle-laden, years-long process. Tak...
Burberry Missed The Luxury Boom
[Investing]
2024/07/18 09:04
Burberry blues: The British fashion icon has fallen out of fashion. Burberry just reported a seriously unfashionable first quarter.Retail revenues at the iconic British fashion house dropped 22%, the company’s CEO stepped down, the regular dividend was suspended, and sales in all but one of its major regions were down double digits (except Japan, which was up 6%) — sending shares in the compa...
Can AI Scale Preventative Healthcare Through Hyper-Personalized Coaching ?
[Business]
2024/07/18 09:03
When Sam Altman and Arianna Huffington announced the launch of Thrive AI Health in an op-ed in TIME, they opened with an alarming statistic: 129 million Americans have at least one major chronic disease. The startup wants to tackle that with a hyper-personalized AI health coach that offers precise recommendations in real-time. Trained on peer-reviewed science and incorporating behavior change m...
(PDF) McKinsey Technology Trends Outlook 2024
[Business]
2024/07/17 09:10
Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies.Despite challenging overall market conditions in 2023, continuing investments in frontier technologies promise substantial future growth in enterprise adoption. Generative AI (gen AI) has been a standout tr...
(Video) Volvo - For Life // AI Generated Commercial
[Business]
2024/07/17 09:09
Idea, prompting, post-production by me. This is a fan-made spec ad and not an official Volvo advertisement.This is a test for trying out the RunwayML Gen-3 Alpha model for commercial purpouses.All the shots are generated with RunwayML using text-to-video, some small details were retouched in AE after the edit was done (logo, license plate, or if I really liked a shot but there were two cars pre...
(Video) On Reveals LightSpray Super Shoe Technology
[Product]
2024/07/17 09:08
Four years in development, On is debuting its spray-on performance shoe technology that makes sneakers lighter, less wasteful, and far faster to produce. On’s New Cloud Sneaker Uses Spray-on Plastic to Build a Shoe in 6 MinutesInspiration comes in many forms. In this case, it was a hot glue gun on Halloween.A senior member of On’s innovation team, Johannes Voelchert, stumbled across a video i...
Top 10 Most Valuable Unicorns : OpenAI is Now #3
[Investing]
2024/07/17 09:08
OpenAI, valued at a staggering $80B, makes it the third most valuable Unicorn after ByteDance (TikTok parent) and SpaceX.OpenAI’s rise has been extraordinary. Just over a year ago it was valued at $29B. With a reported $2B in annualized revenue, its current valuation gives it a very rich multiple of ~40x Price/Sales (for ref. Nvidia Price/Sales is ~33x)[voronoi]
(M&A) Google Close to Its Biggest Acquisition Ever
[Investing]
2024/07/17 09:06
Google is in talks to buy the New York City-based cloud cybersecurity startup Wiz. Google is considering spending $23 billion to buy Wiz, a cloud cybersecurity startup with partners that include Amazon and Oracle, reports The Wall Street Journal. At close to twice what it spent for Motorola Mobility in 2012, it would be the most Google has ever paid for another company.The New York City-based W...
Credit Card Retail Payments Fall by 18% Amid Budget Pressures
[Investing]
2024/07/17 09:05
As consumers continue to face financial pressures, many are shifting away from credit payments for retail purchases, instead playing it safe with debit.A PYMNTS Intelligence study in April for the Last Transaction Report series surveyed 1,730 United States consumers who bought non-grocery retail items in 30 days before being surveyed. The findings examined how shoppers paid for these items and...
