TREND REPORTS
(Infographic) Forbes - The Richest People in the World in 2023
[Investing]
2023/04/05 09:10
After witnessing record gains in wealth, ultra-high net worth individuals (UHNWIs) lost a combined $10 trillion last year.A lagging stock market dented these fortunes against high interest rates, energy shocks, and economic uncertainty. But some of the world’s billionaires have flourished in this environment, posting sky-high revenues in spite of inflationary pressures.With data from Forbes Re...
(Paper) BloombergGPT : A Large Language Model for Finance
[Tech]
2023/04/05 09:09
BloombergGPT outperforms similarly-sized open models on financial NLP tasks by significant margins — without sacrificing performance on general LLM benchmarks. Bloomberg today released a research paper detailing the development of BloombergGPTTM, a new large-scale generative artificial intelligence (AI) model. This large language model (LLM) has been specifically trained on a wide range of fin...
(PDF) KPMG - Want to Win In The Metaverse ? Think Internal First
[Business]
2023/04/05 09:08
Metaverse could drive up profits — but most businesses may not be ready to invest yet. 70% of companies are investing less than 5% of their technology budgets in 2023 into metaverse, while 27% have not invested into metaverse at all, a KPMG report showed.Tech, media and telecom executives see the potential that metaverse can bring to businesses in terms of higher profits and lower operating ex...
(Paper) Calorie Restriction Slows Pace of Aging in Healthy Adult
[Tech]
2023/04/05 09:07
A first-of-its-kind clinical study from Columbia University's Mailman School of Public Health found that two years of calorie restriction slowed the human aging process.The CALERIE trial examined 220 adults without obesity who either restricted caloric intake by 25% or ate freely for 2 years.The intervention represented a 2–3% slowing in the pace of aging, which translates to a 10-15% reductio...
(Video) A Puff of Air Could Deliver Your Next Vaccine Painlessly - MOF-Jet
[Tech]
2023/04/05 09:06
The prototype MOF-Jet, with its drug-delivery nozzle visible at the bottom.Wouldn't it be nice if medication could be injected without using a painful needle, and if that medication could be stored at room temperature? Well, it turns out that MOF-Jet technology may make both things possible.Dating as far back as the 1960s, jet injectors have been used to quickly deliver drugs through the skin w...
Trust & Will Secures $15M After Doubling Revenue
[Investing]
2023/04/05 09:05
Amex Ventures, USAA are among the digital estate planning startup's new backers.Drafting a will and planning for what happens to your estate once you pass away is well, not exactly fun. Both tasks can also be very pricey endeavors, not to mention just painful to do for many reasons.And so it’s no surprise that many people put off the tasks, perhaps living in denial they are not immortal.In fac...
(Video) SpaceX To Rocket To The Moon With Possibly The Largest Lunar Rover - Astrolab FLEX
[Product]
2023/04/05 09:04
SpaceX’s Starship will carry an SUV-sized rover to the Moon in 2026. The Astrolab FLEX can transport cargo, equipment and people. The Astrolab Flex is a modular rover that can carry two astronauts across the surface of the Moon.While its next-generation rocket has yet to fly, that’s not stopping SpaceX from booking Starship flights. On Friday, a startup named Astrolab revealed that it had rec...
Heinz Finds Solution To Getting All The Sauce Out With ‘Ketch-Up & Down’ Bottle
[Design]
2023/04/05 09:03
Aside from coming up with a “label of truth” to help customers spot the real Heinz ketchup from imposters, the condiment brand recently invented a solution to an age-old problem that’s plagued sauce fans all over the world: how to get everything out of the bottle.The solution? A special Heinz Ketch-Up & Down bottle with lids on opposing ends, so that no matter which way the product is st...
(PDF) Goldman Sachs Report : The Potentially Large Effects of AI on Economic Growth
[Investing]
2023/04/04 09:10
The boost to global labor productivity could also be economically significant, and we estimate that AI could eventually increase annual global GDP by 7%. Although the impact of AI will ultimately depend on its capability and adoption timeline, this estimate highlights the enormous economic potential of generative AI if it delivers on its promise.The recent emergence of generative artificial int...
(M&A) L’Oreal to Buy Cult Skincare Brand Aesop in $2.5 Billion Deal
[Investing]
2023/04/04 09:09
French skincare giant L’Oréal SA has agreed to acquire luxury cosmetics brand Aesop, which was founded in Melbourne before developing a cult global following, for an enterprise value of $2.53 billion.The transaction, which is expected to close in the third quarter, caps months of negotiations for the asset. Other companies, including private equity firm Permira and Chinese investment firm Pri...
(Infographic) Retail Tech 100 : The Most Promising Retail Tech Startups of 2023
[Business]
2023/04/04 09:08
The Retail Tech 100 is CB Insights' annual list of the 100 most promising private retail tech companies in the world. This year’s winners are using technology to help retailers create more connected and personalized experiences and drive efficiency and profitability.[click to enlarge]CB Insights has unveiled the winners of the third annual Retail Tech 100 — a list of the 100 most promising pr...
AI Search Startup, Perplexity AI Raises $26M to Offer Rival to Google
[Investing]
2023/04/04 09:07
Perplexity AI is part of a wave of startups trying to remake search with artificial intelligence. Perplexity AI, which makes a conversational search engine using artificial intelligence, has raised $25.6 million in a funding round led by New Enterprise Associates, the latest deal in the booming AI sector. Perplexity is part of a growing wave of startups seeking to use artificial intelligence to...
