Generative AI Use will Continue Its Climb Across All Age Groups, Especially Among Gen MZ
[Consumer]
2023/08/09 09:04
Generative AI use will continue its climb across all age groups, especially among millennials and Gen Z.Key stat: In 2025, more than half of US Gen Zers (52.9%) and millennials (52.0%) will be monthly generative AI users, according to our forecast.Beyond the chart:Next year, over 100 million people in the US will use generative AI, per our forecast.ChatGPT is one of the biggest drivers of gener...
Tesla Releases Cardboard Cat House Informed by Cybertruck in China
[Design]
2023/08/09 09:03
It is International Cat Day, and Tesla has a surprise in store as it unveils its own Tesla Cybertruck cat litter box made of cardboard for furry pets, ahead of the official release of the car’s real models. The first real model of the Tesla Cybertruck has already been revealed and produced at the company’s Giga Texas, four years after it was first announced to the public and following two yea...
(PDF) BCG - How CMOs Are Succeeding with Generative AI
[Business]
2023/08/08 09:10
The reality of generative AI (GenAI) is catching up to the hype about how it could disrupt the roles of marketers and of marketing itself. Our April 2023 survey of over 200 CMOs from several sectors in eight countries in North America, Europe, and Asia revealed that CMOs around the world are optimistic and confident about GenAI’s future ability to enhance productivity and create competitive ad...
(Patent) Ford Patents Hint at EV Charging While Driving
[Tech]
2023/08/08 09:09
Ford is exploring patent technology that could allow EVs to charge while driving, using hardware embedded in the road.Published by the United States Patent and Trademark Office (USPTO) on July 20, 2023, and originally filed Jan. 20, 2022, a Ford patent application titled "Roadway Charging Coil Alignment and Monitoring" aims to apply wireless inductive charging to vehicles in motion.Wireless ind...
Healthcare Industry Trends Mid-Year 2023 Update
[Investing]
2023/08/08 09:08
Venture capital firms have about $35 billion in fresh funding raised over the past 18 months to deploy in new healthcare companies. A new healthcare investment landscape is emerging marked by fewer deals, slower investment pace, smaller check sizes and more scrutinous investors. Yet, there are reasons for optimism. The rightsizing of valuations is leading to more sustainable, long-term growth a...
Viral Toaster-Maker Developing Small Wind Power Generator
[Tech]
2023/08/08 09:07
Balmuda to start trials of small wind power generators. Company is known for making high-end household appliances.A Japanese boutique appliance maker has its eyes on a new challenge amid the energy transition trend: developing a small-scale wind power generator.Balmuda Inc. — the manufacturer of products including a $300 toaster that has a cult following — said it will begin trials this fall...
Brevel Sprouts $18.5M to Develop Microalgae-based Alternative Proteins
[Investing]
2023/08/08 09:06
Microalgae is everywhere, it seems. It’s being used as a way to replace fossil fuels and is used in cosmetics and pharmaceuticals and as a food source. It’s a substantial market, too, expected to be valued at $25.4 billion by 2033.Brevel, a Tel Aviv–based company, is developing microalgae into an alternative protein and today announced $18.5 million in seed funding.Founded in 2016 by three b...
BYD vs. Tesla : China's EV Giant is Charging Ahead
[Business]
2023/08/08 09:05
For Chinese manufacturing giant BYD, it seems like the only way is up at the moment — the automaker has just posted its third consecutive month of record-breaking EV sales and climbed 224 positions on this year’s Fortune Global 500.While its 212th placement on Fortune’s list will undoubtedly be the first time that some in the West will have come across BYD, the company has quietly become one...
How Delvaux, The World’s Oldest Luxury Leather Goods Maison, Emerged as a Gen Z Fave
[Business]
2023/08/08 09:04
What does the world’s oldest luxury leather goods house and a 1900s surrealist painter have in common? Beyond that they both hail from Belgium, they’re joining forces for one of the summer’s most fantastical cross-genre collections.Coinciding with the 125th anniversary of Belgian master René Magritte’s birth, luxury brand Delvaux is launching a limited edition Surrealist-inspired capsule c...
3D Printed Terracotta Cooler Gives a Modern yet Traditional Makeover to Air-Conditioning
[Design]
2023/08/08 09:03
This Nature-inspired traditional innovation is a low-tech terracotta cooler offering an eco-friendly solution to cooling.With the relentless increase in global temperatures, air conditioning has become an essential requirement for human survival, rather than a mere luxury. However, conventional air conditioning systems exacerbate the issue by contributing significantly to the carbon footprint....
(PDF) McKinsey Technology Trends Outlook 2023
[Business]
2023/08/07 09:10
Which technology trends matter most for companies in 2023? New analysis by the McKinsey Technology Council highlights the development, possible uses, and industry effects of advanced technologies.After a tumultuous 2022 for technology investment and talent, the first half of 2023 has seen a resurgence of enthusiasm about technology’s potential to catalyze progress in business and society. Gene...
(Patent) Apple Won a Patent for Advanced Controls Related to Their Vision Pro Headset
[Tech]
2023/08/07 09:09
The U.S. Patent and Trademark Office officially granted Apple a patent that revealed what was coming to Apple's future headset in terms of user interfaces that would use a combination of eye gaze and touch controls along with hand and body gestures and even Siri. Prior to Apple introducing their Vision Pro, this was one of the most descriptive patents on this subject matter to date. Apple's gra...