TREND REPORTS
(PDF) Mckinsey - LLM to ROI : How to Scale Gen AI in Retail
[Business]
2024/08/13 09:10
Retailers continue to experiment with generative AI and are seeing that the technology holds great promise for reigniting growth—if they move quickly to seize the opportunity.Once generative AI (gen AI) hit the mainstream, in late 2022, it took little time for retail executives to realize the potential in front of them. Mentions of artificial intelligence (AI) in retailers’ earnings calls soa...
(Patent) Snap Filed a Patent Application for “Voice Input for AR Wearable Devices”
[Tech]
2024/08/13 09:09
The company filed a patent application for “voice input for AR wearable devices,” referring to its smart glasses. Snap’s tech aims to give its users more control over their augmented reality interfaces. “Often, the wearable devices have very little room for interface controls on the wearable devices,” Snap said in the filing. By using voice control, this tech allows users to “operate [the...
Skild AI Grabs $300M to Build Foundation Model for Robotics
[Investing]
2024/08/13 09:08
Skild’s foundation model is intended to serve as a shared, general-purpose brain for tasks including manipulation, locomotion, and navigation. A new wave of startups is emerging to apply recent artificial intelligence advances into more sophisticated robot behavior. Yesterday, Skild AI emerged from stealth mode and announced that it has closed a $300 million Series A round. The Pittsburgh-base...
(Infographic) Athletes with the Most Olympic Medals
[Consumer]
2024/08/13 09:07
While athletes compete in the Paris Olympics for gold medals and records, one title is still far from being taken: the most victorious Olympic athlete of all time.With 28 medals, American swimmer Michael Phelps is considered the GOAT. But who else joins the list, and which of those athletes are still active?In this graphic, we show the top nine athletes by the total number of Olympic medals won...
(Video) Boston Is Turning to Google AI to Help with Road Traffic
[Tech]
2024/08/13 09:06
Google says 'Project Green Light' is an example of how AI can be used for good.Boston is looking to Google AI to curb road traffic. Boston will use the technology from Google’s “Project Green Light” to improve traffic light timing.Google uses its AI to measure traffic trends and recommend minor switches to traffic lights. Boston said traffic fell more than 50% at stoplights where it tested t...
The Younger The Traveler, The More International
[Consumer]
2024/08/13 09:05
According to the 2024 state of tourism and hospitality report by McKinsey, Millenials are traveling more than any other generation. However, when it comes to how the generations divide their trips between international and domestic destinations, Gen Z travelers tended to take nearly as many international trips as they did domestically. On the other end of the spectrum, Baby Boomers were twice a...
How Bootstrapped Beauty Brands Are Growing
[Business]
2024/08/13 09:03
In order to stand out in the increasingly cut-throat beauty industry, nascent brands usually need to tap into venture capital to power their growth.Founders are increasingly turned off by the pressure investors can put on their businesses to grow at all costs, preferring to take a more gradual and profit-led approach.As funding rounds have slimmed, even brands who have successfully raised inves...
Yayoi Kusama installs mirrored orbs outside Liverpool Street Station in London
[Design]
2024/08/13 09:03
For Infinite Accumulation, her largest-ever permanent sculpture, Japanese artist Yayoi Kusama has created a series of connected metallic spheres by the Elizabeth Line entrance of London's Liverpool Street Station.Reflective orbs were placed along a curving, twisting structure to form the Infinite Accumulation installation, which is around 100 metres long and rises 10 metres above the public spa...
Sports and Music Tourism Will Soon Represent a $1.5 Trillion Economy
[Business]
2024/08/12 09:10
Sports and music tourism is seeing huge growth. In 2023, sports tourism was valued at $564.7 billion and is expected to almost double in value to $1.33 Trillion by 2032*. Similarly, music tourism is expected to see huge growth, forecasted to reach $13.8 Billion by 2032**.Key FindingsMore than four in five (83%) have travelled by plane for sports and 71% for music in the past three years or plan...
