What Sephora’s Annual Festival Reveals About The Future of Beauty
[Business]
2024/10/07 09:08
Fans flocked to Sephora’s ‘beauty funhouse’ in Atlanta last week to meet brands like Sol de Janeiro, Danessa Myricks, and Brown Girl Jane.In the early 20th century, Atlanta’s Pullman Yards was a thriving industrial complex, a leading hub for chemical manufacturing. This past weekend, the entertainment and event venue was home to a very different industry, as 8,000 beauty fans descended from...
(Paper) Letta, UC Berkeley’s Groundbreaking AI Startups, Has Just Come Out of Stealth
[Investing]
2024/10/07 09:07
A startup called Letta has just emerged from stealth with tech that helps AI models remember users and conversations. Created in UC Berkeley’s famed labs startup factory, it also announced $10 million in seed money led by Felicis’ Astasia Myers, at a $70 million post-money valuation. Letta is also backed by a who’s who of angel investors in AI, like Google’s Jeff Dean, Hugging Face’s Clem...
A Bold AI Ambition for B2B Marketing, Sales, and Service
[Business]
2024/10/07 09:06
AI can fundamentally transform the customer journey—if organizations pursue the right unified strategy.According to new BCG research, 74% of marketing, sales, and service leaders expect GenAI to enhance key business metrics.But first movers haven’t achieved the expected value or ROI because their initial use cases don’t go far enough.BCG’s Deploy Reshape Invent transformation framework sets...
It’s All ‘Smiles’ Following Gut New York’s First Campaign for Heinz
[Business]
2024/10/07 09:05
Ketchup fans go to extremes to let people know that ‘It Ha-Ha-Has to Be Heinz’Gut New York’s first campaign for Heinz was a messy one—in a good way.Kraft Heinz in-house agency The Kitchen also provided support for “Heinz Smiles,” consisting of three ads in which fans of Heinz Tomato Ketchup smear the product all over their faces with huge smiles to show just how much they love the taste.G...
The Nothing Robot Vacuum (1) Brings Transparent Tech to Smart Homes
[Design]
2024/10/07 09:04
If you think just about the Nothing.tech company ethos of bringing fun back to tech while still being design-driven and meaningful, that ethos can apply to pretty much any category of product. Sure, Nothing’s best known for their earbuds, phones, and even other accessories like the CMF Watch Pro… so here’s a proposition – what if we took Nothing’s ethos and brought it to other products tha...
(Infographic) Average GDP Growth Rates for the Next 10 Years, by Country
[Investing]
2024/10/07 09:03
Since 2021, hedge fund manager Ray Dalio has published reports on global power dynamics amid evolving geopolitical and economic trends.In particular, Dalio analyzes the future prospects of major nations, shaped by labor market forces, economic stability, and social factors. Looking ahead, many advanced economies are expected to experience slower growth as they grapple with their highest debt le...
Bain - Prepare for the Coming AI Chip Shortage
[Business]
2024/10/04 09:10
While businesses couldn’t predict the pandemic, they can guard against the next big threat to semiconductor supply chains.The AI-driven surge in demand for graphics processing units alone could increase total demand for certain upstream components by 30% or more by 2026.Just as the pandemic created a surge in PC demand, a coming wave of AI-enabled devices will likely accelerate smartphone and...
(Patent) Ford Seeks Patent for Tech That Listens to Driver Conversations to Serve Ads
[Tech]
2024/10/04 09:09
Ford Motor Company is seeking a patent for technology that would allow it to tailor in-car advertising by listening to conversations among vehicle occupants, as well as by analyzing a car’s historical location and other data, according to a patent application published late last month.“In one example, the controller may monitor user dialogue to detect when individuals are in a conversation,”...
OpenAI Raises $6.6 Billion in Funds at $157 Billion Value
[Investing]
2024/10/04 09:08
OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation and bolstering its efforts to build the world’s leading generative AI technology.The funding round was led by Thrive Capital, the venture capital firm headed up by Josh Kushner, which put in $1.3 billion. Microsoft Corp., OpenAI’s largest backer, put in about $...
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