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LVMH Achieves 3% Organic Revenue Growth in The First Quarter

LVMH Moët Hennessy Louis Vuitton, the world leader in high-quality products, recorded revenue of €20.7 billion in the first quarter of 2024. Organic revenue growth came to 3%. LVMH had a good start to the year despite a geopolitical and economic environment that remains uncertain. Europe and the United States achieved growth on a constant currency and consolidation scope basis over the quarte...

Kiki World Raises $7M, Xydrobe Unveils a VR experience in Harrods

Estée Lauder Cos.’ NIV invests in beauty’s Web3 future.It’s a week of investments for Web3’s rising stars, with both tech-powered beauty newcomer Kiki World and vintage fashion pioneer Mntge securing deals with industry titans.As early-stage disruptors like Kiki World make headway, traditional corporations are becoming increasingly eager to fortify their relationships with the new vanguard...

Humanoid Companies Are Targeting Multiple Industries

Humanoid robots have already made a big splash this year, with funding reaching a new record just 3 months into 2024.A handful of developers are targeting 2024 to release their humanoid robots, which are designed to perform tasks similar to humans.Technologies like generative AI and reinforcement learning are helping drive this progress. However, the impact will be limited at first, and it will...

(Video) Limitless is A New AI Tool for Your Meetings and an All-Hearing Wearable Gadget

This clip-on recording device is designed to augment our ability to remember.The era of artificial intelligence devices is here. A string of high-profile AI-enabled gadgets are bringing the novel technology out of the pages of dystopian fiction and into physical (and still potentially dystopian) reality. There’s the smartphone-esque wearable Ai Pin from Humane, the post-smartphone handheld Rab...

The World's Most Successful Music Festivals

The advent of large-scale music streaming in the early 2010s was seen as a godsend for an industry struggling with illegal downloads and problems adapting successful digital media solutions. While labels and platforms like Spotify, Amazon Prime Music or Apple Music profit to this day, medium-sized artists rarely see the returns of the streaming boom.With live music, it's different, with many ac...

Red Dot Award: Design Concept 2023 : MWM Easy to Take Clothes Washing Machine

MWM offers a unique design that allows it to be used both horizontally and vertically, providing flexibility and convenience to users.This innovation aims to enhance user experience, comfort, and product reliability, distinguishing itself from existing products in the market.Institution: Lishui Handian Industrial Design Co. / ChinaDesign: Ruan Zhou[reddot]

(PDF) HAI - 2024 AI Index Report : Measuring Trends in AI

Welcome to the seventh edition of the AI Index report. The 2024 Index is our most comprehensive to date and arrives at an important moment when AI’s influence on society has never been more pronounced. This year, we have broadened our scope to more extensively cover essential trends such as technical advancements in AI, public perceptions of the technology, and the geopolitical dynamics surrou...

(Video) Expression-Matching Robot Will Haunt Your Dreams

Most of the best robots, ones that can walk, run, climb steps, and do parkour, do not have faces, and there may be a good reason for that. If any of them did have mugs like the one on this new research robot, we'd likely stop in our tracks in front of them, staring wordlessly as they ran right over us.Building robots with faces and the ability to mimic human expressions is an ongoing fascinatio...

Tesla to Lay Off More Than 10% of Staff Globally as Sales Fall

Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a source familiar with the matter told TechCrunch.The layoffs were announced to staff just a week before Tesla is scheduled to report its first-quarter earnings. The move comes as Tesla has seen its profit margin n...

 

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