Generative AI Coding Startup Magic Lands $320M Investment from Eric Schmidt
[Investing]
2024/09/09 09:05
Magic, an AI startup creating models to generate code and automate a range of software development tasks, has raised a large tranche of cash from investors, including ex-Google CEO Eric Schmidt.In a blog post on Thursday, Magic said that it closed a $320 million fundraising round with contributions from Schmidt, as well as Alphabet’s CapitalG, Atlassian, Elad Gil, Jane Street, Nat Friedman and...
Underwater Camera Drone Concept Can Autonomously Capture High Quality Footage
[Design]
2024/09/09 09:04
I love looking at underwater sea footage with all the plants, corals, and swimming creatures that the divers and swimmers show off. But I know I probably will never go down there myself so I have to live vicariously through these videos. Holding a camera or using a body cam are not always that comfortable though so there should be a better solution for underwater videography.This concept for an...
(Infographic) Live Streaming Revolution : From Niche To Mainstream & Beyond
[Consumer]
2024/09/09 09:03
Over the last couple of years, there has been a significant change in the live streaming sector, shifting it from a specialized pastime to a widely popular trend. It keeps pushing the limits of digital interaction - an online revolution driven by technological progress. This article will examine the progress of live streaming in recent years and its potential as a significant advancement in the...
Apple is Spending $30 Billion a Year on R&D to Find Its Next Big Thing
[Business]
2024/09/08 09:10
On Monday, the tech world will turn its attention to Cupertino, California for the annual gadget show and tell from the world’s largest company. This year’s event, which kicks off at 1 p.m. ET, has been dubbed “It’s Glowtime,” and the latest iPhone will be the headline act.For those who haven’t been counting, we're now onto the iPhone 16 — which is expected to be the first to include “A...
OpenAI Hits More Than 1 Million Paid Business Users
[Business]
2024/09/08 09:09
OpenAI said on Thursday it has more than 1 million paying users across its business products, ChatGPT Enterprise, Team and Edu, as the AI firm's chatbot continues to see strong adoption owing to its advanced large language model.The figure is a rise from the 600,000 users it had in April, indicating that CEO Sam Altman's push to get enterprises to adopt ChatGPT for corporate use is paying off.S...
(PDF) Mckinsey - What Employees Say Matters Most to Motivate Performance
[Consumer]
2024/09/08 09:08
A survey of over 1,000 employees creates a data-backed view of what motivates employees to perform.The past few years have been a confounding time in performance management. Disruptions of long-standing workplace norms have led many employees to rethink their expectations of employers regarding remote work, employee burnout, and work–life balance. Compounding these challenges, an inflationary...
(Paper) Google Debuts AI-Powered Game Engine; Fetch.ai Aims for Gaming Integration
[Tech]
2024/09/08 09:07
Artificial intelligence is making inroads across the gaming industry, with developments spanning classic game recreation, iGaming assistance and Web3 integration.These AI applications are altering game development processes, enhancing player experiences and opening new avenues for technological synergy in gaming.Google researchers created GameNGen, the first game engine powered entirely by AI t...
Lilly-backed OrsoBio Raises $67M for Slate of Obesity Drugs as Combinations Take Root
[Investing]
2024/09/08 09:06
OrsoBio Announces Oversubscribed $67 Million Series B Financing to Accelerate Mitochondrial Protonophore Portfolio Targeting Obesity and Associated Disorders.OrsoBio, Inc. ("OrsoBio” or “the Company”), a clinical-stage biopharmaceutical company developing treatments for obesity and obesity-associated disorders, today announced the close of an oversubscribed $67 million Series B financing. Th...
(Infographic) Silver : The Unsung Hero of the New Economy
[Investing]
2024/09/08 09:05
Silver demand continues to surge, driven by technologies like solar power and AI.In 2023 alone, the silver market experienced a 15% supply deficit. Furthermore, the market is expected to reach a cumulative deficit of 1,093.4 million ounces from 2020 to 2024.In this graphic by Outcrop Silver, we discuss how new mines are necessary to meet the high demand for the metal.Silver is Essential for New...
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