5 Charts Show How Every Market Is Hanging on AI Craze
[Investing]
2024/02/26 09:07
Nvidia has accounted for a fifth of MSCI World gains this year. US, Japan and Europe indexes have hit new records, led by tech.Indexes from Japan to Europe hit fresh record highs in the wake of stellar results from artificial intelligence powerhouse Nvidia Corp. — cementing its place as “the most important stock on planet earth.”The global rush into AI-related stocks is sweeping up everythin...
(Paper) MIT Takes a Hands-on Approach to Tactile Learning
[Tech]
2024/02/26 09:06
The smart glove system can capture touch-based instructions from a tutor or professional, and reproduce them in student wearables as haptic feedback.Some folks prefer to get a grip on things to better understand concepts. Researchers have developed smart gloves for tactile learners that use haptic feedback and AI to teach users new skills, fast-track precision training and control robots remote...
3 Retail Trends for 2024
[Business]
2024/02/26 09:05
Explaining consumer spending involves a lot of contradictions. Consumer spending is strong. But consumers are stretched. Consumers are shifting spending to services like restaurants, travel, and concerts and away from goods.But certain goods like consumer staples should remain strong in economic downturns. E-commerce has been resilient relative to total retail sales. But only for certain segmen...
(Video) Transformable Seat Quickly Grows From Armchair to Loveseat to Sofa
[Product]
2024/02/26 09:04
The 3-in-1 Expandy, pictured here going from armchair to loveseat.The Expandy is a single piece of furniture that can be expanded width-wise to serve three purposes. Simply by pulling on it from one end, users are able to convert it from an armchair to a loveseat to a sofa.Montreal-based mechanical engineer Daniel Chiriac invented the Expandy after being frustrated by how much room a convention...
Super-Simple Helicopter Looks Easier Than Flying a Drone - The Skyryse One
[Product]
2024/02/26 09:03
The Skyryse One will come standard with a Rolls Royce RR300 engine.How hard could it be to fly a helicopter if the controls consisted of just one stick and two touchscreens? That's exactly what the case is with the recently announced Skyryse One, which could be yours for just shy of $2 million.California-based aviation company Skyryse has been around since 2016, during which time it has been ha...
(PDF) Mckinsey - Beyond The Hype : Capturing the Potential of AI and Gen AI
[Business]
2024/02/23 09:10
This collection presents McKinsey’s top insights on gen AI, providing a detailed examination of the significant opportunities and challenges it offers for leaders looking to steer their organizations into the future.The emergence of generative AI (gen AI) presents both a challenge and a significant opportunity for leaders looking to steer their organizations into the future. How big is the opp...
Wellness Start-Up Spacegoods Secures £2.5M in Seed Funding
[Investing]
2024/02/23 09:09
Law firm Gordons has advised wellness start-up Spacegoods on securing £2.5m in seed funding led by Five Seasons Ventures, alongside backing from Redrice Ventures, Slingshot Ventures and G Fund. Partner and head of start-ups and emerging companies, Amy Pierechod, and chartered legal executive, Lauren Wurzal, worked closely with Spacegoods founder, Matthew Kelly, on the deal.A next-generation we...
Bain Forecasts China Luxury Market to Grow 4-6% in 2024
[Business]
2024/02/23 09:08
Two trends to watch – return of overseas luxury shopping and overall consumer.Following an overall rebound last year, China’s luxury market is expected to grow at mid-single-digit in 2024, according to Bain & Company’s latest China Luxury Report.China's luxury market saw a 12% year-on-year increase in 2023, recovering from the previous year’s decline due to the pandemic. 2023 started of...
This Amphibious Electric Vehicle has the Smarts for Practical Urban Mobility Needs
[Design]
2024/02/23 09:07
Electric, Hydrogen and Hybrid vehicles are going to partly solve the environmental crisis, but the fact remains, the number of vehicles on the roads isn’t going to reduce. The battle for every inch of road space will intensify in the future, no matter how desperately the compact concept vehicles try to gain popularity.The only viable solution then left are the flying cars which I’m now a grea...