Bubblic Public : Future On-Demand Public Transportation and Logistic System
[Design]
2024/07/16 09:04
Bubblic Public is the future of on-demand public transport. As the name suggests, it was inspired by bubbles that appear and disappear without leaving any trace. Bubblic has been designed to provide flexible transport system that would attract investors to make it real while leaving the least impact to our environment. It doesn’t require heavy infrastructure, the unique single-module design is...
With Ammo Vending Machines, Has Convenience Finally Gone Too Far ?
[Product]
2024/07/16 09:03
New vending machines stocked with bullets test the limits of just how easily accessible some products need to be.The vending machine is not our most cutting-edge technology. But it’s one that we can’t seem to quit, possessed of some mysterious appeal that continues to inspire new variations on the idea of a device exchanges consumables for money with no human interaction. And the latest case...
(PDF) ING - AI Productivity Gains May be Smaller Than You’re Expecting
[Business]
2024/07/15 09:10
Much is made of Artificial Intelligence’s potential to transform labour markets and make productivity gains. But at a macro level, we think those AI productivity gains, while significant, may not be quite so spectacularArtificial Intelligence is discussed not only as a potential source of radically transforming labour markets but also as something that could bring about major productivity gain...
The World AI Creator Awards
[Consumer]
2024/07/15 09:09
The first Miss AI has been crowned — and she’s a Moroccan lifestyle influencer. AI-generated influencer Kenza Layli has been unveiled as the world's first AI beauty pageant winner.After judges of the world’s first AI beauty pageant unveiled 10 finalists last month, the inaugural Miss AI has now been crowned.Meet Kenza Layli, a Moroccan lifestyle influencer who hopes to bring “diversity and...
Apple’s Vision Pro Won’t Cross 500,000 Sales This Year, IDC Says
[Product]
2024/07/15 09:08
The pricey headset’s US sales are expected to plummet. A more affordable model in a year’s time should help momentum.Apple Inc.’s biggest new product in years is not expected to shake off its slow sales start until the release of a cheaper model next year.The $3,500 Vision Pro mixed-reality headset has yet to sell 100,000 units in a quarter since its launch in the US in February, and it face...
Beauty Buffs Can Now Thank AI for the Perfect Foundation Shade
[Business]
2024/07/15 09:07
The market for using AI in beauty and cosmetics industries is forecast to more than double from $3.27 billion in 2023 to $8.1 billion in 2028. (BoF Team)More cosmetics firms are embracing AI to boost sales, with global brands such as AmorePacific, L’Oréal S.A. and LVMH-owned Sephora using it to tailor products to customers’ needs.Customers have booked out South Korean cosmetics giant AmorePa...
Nearly 80% of Americans Say Fast Food Is Now a Luxury Because It’s Become So Expensive
[Consumer]
2024/07/15 09:06
Thanks to rising prices, most Americans now see fast food as a luxury and are eating it less often, according to a new LendingTree survey.Rampant inflation has forced millions of Americans to reassess their spending habits. For many, that has meant fewer trips to the drive-thru for that burger, burrito or spicy chicken sandwich they love — and even a change in how they perceive fast food.To le...
AI startup Hebbia Raised $130M at a $700M Valuation on $13M of Profitable Revenue
[Investing]
2024/07/15 09:05
Hebbia, a startup that uses generative AI to search large documents and respond to large questions, has raised a $130 million Series B at a roughly $700 million valuation led by Andreessen Horowitz, with participation from Index Ventures, Google Ventures and Peter Thiel.And its funding demonstrates that 50x annual recurring revenue (ARR) is becoming the norm for AI startups, especially ones tha...
(Infographic) The Price of Entertainment Subscription Services
[Business]
2024/07/15 09:04
Subscription models have become ubiquitous in the entertainment sector, providing a recurring stream of revenue to a host of platforms.While inattentive customers using subscription models can increase revenue by as much as 200%, many entertainment platforms struggle to make a profit. In fact, Netflix and Disney are the only two profitable streaming services in the market.This graphic shows the...