TREND REPORTS
Elon Musk Creates New Artificial Intelligence Company X.AI
[Business]
2023/04/17 09:07
Elon Musk founds new AI company called X.AI. The company was incorporated in Nevada.Elon Musk has created a new company dedicated to artificial intelligence — and it’s called X.AI, as first reported by The Wall Street Journal. The company, which a Nevada filing indicates was incorporated last month, currently has Musk as its director and Jared Birchall, the director of Musk’s family office,...
Infogrid Raises $90M for Its AI-Driven Building Monitoring Tech
[Investing]
2023/04/17 09:06
Infogrid, a startup that uses AI to collect and analyze data on things like air quality, occupancy and energy consumption, today announced that it raised $90 million in a Series B round led by Northzone. William Cowell de Gruchy, Infogrid’s CEO, says that the cash will be put toward product development, strategic hires and customer acquisition efforts.“Now was the time to raise the capital an...
ChatGPT Could Replace Telemarketers, Teachers and Traders
[Consumer]
2023/04/17 09:05
Here’s why that is no bad thing.After decades of blue-collar jobs being snatched up by machines, advanced chatbots are now breathing down white collars. “Generative” artificial-intelligence (ai) tools, such as ChatGPT, have made significant progress in crafting human-sounding language and grasping context. So much so that they have leapfrogged humans in some tasks. This could make as many as...
Open Architecture Unveils Plans for a Riverside Chinese Theatre
[Design]
2023/04/17 09:04
Open Architecture recently unveiled the stunning visuals for the Yichang Grand Theatre in China. Occupying almost 70,000 square meters, the theatre will be built at the Pinghu Peninsula in Hubei Province. The theater is located at the sight where the Yangtze River meets the Huangbai River tributary – making it an idyllic and unique location. The theatre will have quite an ambiguous and amorpho...
Skier Eileen Gu On Her Superstar Status, Ambassadorships And Secrets To Hyper Efficiency
[Business]
2023/04/17 09:03
The Gen Z sports icon speaks to Jing Daily at Watches and Wonders in Geneva about balancing classes and competitions and using her platform responsibly.Olympic gold medalist Eileen Gu has transfixed the sports, luxury and fashion worlds. Known as Gu Ailing in China, the California-born superstar has excelled in professional freestyle skiing, the half pipe, slope style and big air events, making...
(PDF) Bain - How Engine 2 Expansion Can Power the Future of Retail
[Business]
2023/04/14 09:10
With limited growth in traditional buying and selling, retailers need new revenue and profit streams.Growth is becoming more elusive in core retailing activities, to the extent that, by 2030, half of industry profits could come from nontraditional sources such as marketplaces, advertising, and financial services.Retailers can seize the opportunities that lie “beyond trade” by launching Engine...
High Fashion Tea : Prada Caffè Opens at Harrods
[Design]
2023/04/14 09:09
Patrons at Harrods London can now take a literal step inside the luxurious world of Prada, as the Italian label recently opened the doors to its café, offering customers an experience filled with the brand’s iconic visual hallmarks—ranging from the interior decor to the menu and tableware. Within Prada Caffè, one will immediately notice how all of the walls, ceilings, and velvet-upholstered...
Retail, Search and Amazon’s $40bn ‘Advertising’ Business
[Business]
2023/04/14 09:08
Amazon sold close to $40bn of advertising last year - bigger than Prime, bigger than the entire global newspaper industry and probably more profitable than AWS. But is this really advertising, rent, or something else? And what does that mean for Google?I first started paying attention to Amazon’s ad business a couple of years ago, when a line called ‘other’ in the back of the accounts starte...
(Video) Researchers Want You to Walk Around in VR by Acting Like You Really Have to Pee
[Tech]
2023/04/14 09:07
A foot-sensing floor mat can detect a user's movements and translate them to a VR world.Virtual reality headsets now come close enough to fooling your eyes into believing you’re someplace else, but the experience doesn’t translate as well to the rest of your body. Researchers from South Korea’s Gwangju Institute of Science and Technology want VR to be a whole body experience, and have create...
Fast-Growing Digital Consumer Services Markets Worth $513bn by 2027
[Consumer]
2023/04/14 09:06
Nontraditional categories of digital gaming, online video, messaging apps, smart home, and digital music are showing faster growth, with projected five-year CAGRs of 5%-21% according to new research from Omdia.[click to enlarge]Although of smaller value than established telco services such as mobile data, pay TV and broadband, these fast-growing markets will be worth $513bn by 2027, the two big...
Distyl AI Raises $7M, Partners with OpenAI to Expand Enterprise AI Offerings
[Investing]
2023/04/14 09:05
Distyl AI, a San Francisco-based analytics firm that helps large companies use generative artificial intelligence and language models, has raised $7 million in seed funding and formed an alliance with OpenAI, a leading research organization in the field.The funding round was led by Coatue and Dell Technologies Capital, with participation from Nat Friedman, the former chief executive of GitHub;...
AI is Already Taking Video Game Illustrators’ Jobs in China
[Consumer]
2023/04/14 09:04
“AI is developing at a speed way beyond our imagination. Two people could potentially do the work that used to be done by 10.”Recent breakthroughs in AI image generation have created widespread anxiety in China’s video game art industry.Given the high quality of AI-produced artwork, many illustrators are losing their jobs to AI image generators such as Stable Diffusion and DALL-E 2.The gamin...
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