Apple, Goldman Sachs Debut Savings Account With 4.15% Annual Yield
[Business]
2023/04/18 09:10
The pair joins broader race to lure depositors with high rates. Apple has been gradually expanding its financial offerings.Apple Inc. introduced a long-promised high-yield savings account with Goldman Sachs Group Inc., looking to attract US financial clients with an attractive rate and the ease of its Wallet app.The new offering will let Apple Card users earn a 4.15% annual yield, more than 10...
(PDF) Mckinsey - How Auto Suppliers Can Get Fit for The EV Transition
[Business]
2023/04/18 09:09
As the light-vehicle automotive industry goes electric, some components will change, but many will remain similar or the same. Suppliers will continue to create value by focusing on the core.Driven by an urgent decarbonization agenda, the automotive world is increasingly defined by electric powertrains and digitization. In response, suppliers must navigate a subtle transition. As electrificatio...
An Artist Says His Image That Won First Prize in a Competition was Generated by AI
[Design]
2023/04/18 09:08
Boris Eldagsen's image "The Electrician" came first in a category at the Sony World Photography Awards. But there's a catch – the image was actually generated using DALL-E 2, the artist said. He said he wouldn't accept the prize and the awards appear to have scrubbed him from their website.An artist says his image that won first prize in a photography competition was actually generated by AI.G...
French Stocks Enjoy Renaissance on Back of Chinese Demand for Luxury
[Investing]
2023/04/18 09:07
France’s stock market has surged to a series of record highs as investors pile into luxury goods groups on hopes of a sustained rebound in Chinese demand for high-end brands.The Cac 40 has risen 16 per cent so far this year and by more than 30 per cent since a low at the end of September, outperforming Europe’s region-wide Stoxx 600 and the US S&P 500 over the same period.Shares in Cac-li...
Ford Launches Hands-Free Driving on UK Motorways
[Tech]
2023/04/18 09:06
Ford drivers will legally be able to take their hands off the wheel on the move after its BlueCruise technology has been approved in the UK.Ministers have approved the "hands-off, eyes-on" technology for use on certain motorways.It can control steering, acceleration and braking but a camera will monitor a driver's eyes so they stay alert.The technology will only be available for 2023 models of...
TrendForce - Shipments of AI Servers Will Climb at CAGR of 10.8% from 2022 to 2026
[Business]
2023/04/18 09:05
According to TrendForce’s latest survey of the server market, many cloud service providers (CSPs) have begun large-scale investments in the kinds of equipment that support artificial intelligence (AI) technologies. This development is in response to the emergence of new applications such as self-driving cars, artificial intelligence of things (AIoT), and edge computing since 2018. TrendForce e...
Hexa Raises $20.5M to Turn Images Into 3D Objects for VR, AR - 3D Commerce
[Investing]
2023/04/18 09:04
Hexa, a 3D asset visualization and management platform, today announced that it closed a $20.5 million Series A round from Point72 Ventures, Samurai Incubate, Sarona Partners and HTC. CEO and co-founder Yehiel Atias said that the cash will be put toward product development and expanded customer acquisition efforts well into 2023.HTC’s participation in the round might seem curious. After all, t...
Tilt - Your Abled Assistant Hairdryer
[Design]
2023/04/18 09:03
Tilt is not your conventional hairdryers, it’s your abled-assistant hairdryer. This concept project has been designed based on usability and ergonomics benefits, especially for people with limited mobility in one or both arms. Tilt a concept hairdryer that offers a new topology, presenting a friendly ergonomic product within the constraints of modern hairdryer components. Can you imagine when...
(Patent) eBay Filed a Patent Application for “Fingerprinting Physical Items to Mint NFTs.
[Tech]
2023/04/17 09:10
While we’re on the topic of blockchain, a few of eBay’s recent patent filings show how it wants to be a one-stop shop for both luxury sneakers and NFTs.First up, eBay filed a patent application for a system for “fingerprinting physical items to mint NFTs.” Basically, this tech uses several photos of a product to create and mind a “digital twin NFT,” as well as to authenticate the item. On...
(PDF) Mckinsey - The Potential Impact of Reusable Packaging
[Business]
2023/04/17 09:09
Renewed interest in reusable packaging is gathering momentum. However, the concept is complex, and stakeholders should understand the impact of cost and environmental factors.The concept of reusable packaging is not new. Over the past century, reusability systems were in place for commodities such as milk and wine, among others. Today, as industries around the world aim to reduce their carbon e...
Google Devising Radical Search Changes to Beat Back A.I. Rivals
[Business]
2023/04/17 09:08
The tech giant is sprinting to protect its core business with a flurry of projects, including updates to its search engine and plans for an all-new one.Google’s employees were shocked when they learned in March that the South Korean consumer electronics giant Samsung was considering replacing Google with Microsoft’s Bing as the default search engine on its devices.For years, Bing had been a s...
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,...