This Pedal-Powered Exerciser is Your Portable Power Bank
[Design]
2024/06/17 09:04
We are living in a vulnerable world where a disaster can strike at any time, without the slightest warning. While power outages as a result of damage to equipment, failure at the end of the provider, or some fault at home are common; outages because of disasters are still rare. In spite of this, governments globally are advising citizens to take simple steps to prepare for power emergencies. To...
Music Mixer Concept Uses Generative AI to Help You Create Music
[Design]
2024/06/17 09:03
I have a lot of respect for those people who can create music on their own, especially ones that are able to produce earworm-y pop riffs. Sometimes I’ve thought about studying how to create and mix music especially now that there are equipment, apps and websites where you can do that, but you need to study a lot of things before you can actually use them. Sometimes I think, can’t I just have...
(PDF) BCG - The Future of the Natural Diamond Industry
[Business]
2024/06/14 09:10
The natural diamond industry navigated a challenging 2023. This followed a dynamic five years that saw greater demand for lab-grown diamonds (LGDs), disruption from the COVID-19 pandemic, the catch-up effect following the easing of restrictions, and fluctuations in stock levels across the value chain. Demand conditions remain uncertain in the short term.In this context, a report by BCG examines...
OpenAI Doubles Annualized Revenue to $3.4 Billion
[Investing]
2024/06/14 09:09
OpenAI is Reportedly Making Bank Amid the AI RevolutionA new report sheds light on the company's revenue. Plus, what to know about the possible terms of the deal between OpenAI and Apple.OpenAI's ChatGPT was already one of the best-known AI brands amid the surge of artificial intelligence tech coming from Google, Microsoft, and others, but its role as market leader may have been cemented this w...
Sword Health Raises $130M And Its Valuation Soars to $3B
[Investing]
2024/06/14 09:08
Sword Health, an AI-powered virtual physical therapy startup, has raised $30 million and let employees sell $100 million worth of equity to new and existing investors, including Khosla Ventures. The round brings the nine-year-old company’s valuation to $3 billion, a 50% increase from the $2 billion value it garnered in its Series D in November 2021.The company initially set out to just do the...
Temu Lures More Repeat Customers than EBay, Pressures Amazon
[Business]
2024/06/14 09:07
Survey shows Chinese e-commerce upstart winning over shoppers with low prices and taking the fight to US incumbents. Less than two years after its US debut, Chinese e-commerce upstart Temu is attracting more repeat shoppers than eBay Inc., an e-commerce pioneer that has been around for almost three decades.An April survey of 1,000 consumers found that 34% of respondents buy something from Temu...
Photographer Wins AI Image Contest with Real Picture, Then Gets Disqualified
[Tech]
2024/06/14 09:06
A photograph of a flamingo on a beach with its head bent into its body. The water laps on the sand nearby. Miles Astray's F L A M I N G O N E won a prize in the AI category of the 1839 Photography Awards.A photographer submitted a real photograph to a contest for AI-generated pictures, and won the competition, as the judges believed it to be digitally made. Upon learning that the photographer,...
Stocks Up, Gold Down in Americans' Best Investment Ratings
[Consumer]
2024/06/14 09:05
Real estate continues to lead as the perceived best long-term investmentAmericans continue to rank real estate as the best investment for the long term among six options. Thirty-six percent choose real estate, followed by stocks or mutual funds (22%), gold (18%), and savings accounts or CDs (13%). Relatively few Americans believe bonds (4%) or cryptocurrency (3%) are the best long-term investme...
DeepMind Unveils Virtual Rat with Artificial Brain
[Tech]
2024/06/14 09:04
Breakthrough sees computerised creature accurately mimic movements of a real rodent.I would like to be emailed about offers, events and updates from The Independent. Read our privacy policyGoogle’s AI division DeepMind has unveiled a groundbreaking computerised rat that is able to move around like a real rodent through an artificial brain.The virtual rat emulates the “evolutionary marvel” th...