Physical Intelligence, a startup that is developing foundational software for robots, said on Monday it has raised $400 million in early-stage funding from Amazon's Jeff Bezos, OpenAI, venture capital firms Thrive Capital and Lux Capital.The new funds were raised at a $2 billion valuation, PitchBook data showed.Physical Intelligence is seeking to make a software that would work on any robot, el...

In this edition, we explore the journey of Y Combinator, the startup accelerator and venture capital firm of every founder’s dream. This transformative force in the startup ecosystem has reshaped the entrepreneurial landscape since the birth of the company and YC has become the equivalent of innovation and success in the tech industry and it is not without its reasons and achievements. This ar...

NIKE and Zellerfeld team up to reimagine the iconic Air Max 1 as 3D printed sneakers called 1000. Unveiled during ComplexCon 2024 in Las Vegas, the 3D printed Air Max receives the same airbag at the bottom of the heel part for soft cushioning. This can protect the wearer’s footing as they walk or run. Knowing Zellerfeld, who has also collaborated with Moncler and produced their own washable sh...

Will lower estimates at auctions and discounts at galleries entice reluctant collectors?1 Will recent interest rate cuts provide a tailwind? Only time will tell, but for now, collectors are increasingly opportunistic as they navigate the current market.This season’s trendsBuyers could find opportunities at fall sales. Bidder competition at auction has slowed, meaning buyers may be able to purc...

Nivea returns to the China International Import Expo with a fresh brand vision and commitment to social causes.Nivea returned to the 7th China International Import Expo (CIIE) in November for the first time in three years, signaling a renewed focus on the Chinese market following a brand refresh.The Beiersdorf-owned label introduced its refreshed brand vision, “Nivea is for Skin,” emphasizing...

If a country’s average doctor visits are high, it could be easy to assume the population isn’t healthy. At the same time not going enough may seem like there’s an accessibility issue.As with most sociological data, the devil is in the details. And differences in payment systems, insurance plans, and how healthcare is delivered all play a part into why going to the doctor is more common or no...

A new tool from researchers in CMU's Human-Computer Interaction Institute could put control for AR/VR environments in the palm of your hand.A recent paper by researchers in Carnegie Mellon University's Human-Computer Interaction Institute introduces EgoTouch, a tool that uses AI to control AR/VR interfaces by touching your skin with a finger.The team wanted to ultimately design a control that w...

Generative AI is already adding value for corporate and business functions. Here’s how it could add more.In less than two years, generative artificial intelligence (gen AI) has become a mainstream tool with applications across almost every area of the economy. New McKinsey research shows that corporate and business functions—including finance, human resources, and customer care, among others...

‘Holidays Are Coming’ is perhaps one of the most famous festive ads, having been running since 1995, but now The Coca-Cola Company has created a new AI-generated version of the ad, which will run on TV instead of the original.The 16-second version will be shown on screens from today. This is the first time Coca-Cola has produced an ad fully generated by AI.The advert is very similar to the 19...