TREND REPORTS
Adobe Unveils Firefly AI for Vision Pro with Limited-Time Free Text to Image Creation
[Product]
2024/02/12 09:07
Adobe has announced that its popular generative AI app Firefly is coming to Vision Pro. The company says the experience is “purpose-built for visionOS” and will help users “bring their creative visions to life.” While the app usually costs generative credits, Adobe is making it free to use the text to image AI on Vision Pro until March.Adobe beta tested Firefly in 2023 with all Creative Clo...
Stop The Music : Universal Pulls Its Songs from TikTok
[Business]
2024/02/12 09:05
The world’s largest record label, Universal Music Group (UMG), has started pulling its music from TikTok, after the 2 heavyweights failed to sign a new deal following lengthy contract negotiations.There’s no love lost between the pair, with UMG citing TikTok’s lack of protections against AI in a scathing open letter, as well as deriding the app’s compensation rates for being “a fraction”...
Forta Announces $55M Series A To Build AI Healthcare and Improve Access To Quality Care
[Investing]
2024/02/12 09:05
Forta, an AI healthcare company improving access to dependable quality care, today announced it has raised $55 million in Series A financing led by global software investor Insight Partners. Leading technology and healthcare investors participated in the round, including Exor Ventures and Alumni Ventures, as well as founders of 23&Me, Curative, Forward, Flexport, Warby Parker, Prelude Ferti...
Layoffs Show That Tech Jobs Aren’t Sacred Anymore
[Consumer]
2024/02/12 09:03
Job cuts used to be taboo in Silicon Valley. Now they’ve become a part of life, even for companies that are doing well.For Sydney Russakov, it’s been a year of transitions. In March 2023, she lost her job at a startup called Universe, which offers “no-code” software design tools, when it cut her product manager role. She took a bit of time off before starting a new position at Nextdoor Hold...
CB Insights - State of AI 2023 Recap
[Investing]
2024/02/07 09:10
The explosion of generative AI saves the AI sector from the worst of the venture drought. Although AI venture activity slowed down in 2023, the sector — and particularly, generative AI — remains the one clear bright spot in an otherwise somber fundraising environment. Based on our deep dive below, here is the TLDR on the state of AI:In 2023, AI startups raised $42.5B across 2,500 equity round...
Will Apple’s Vision Pro Spur Luxury’s Virtual Reality Breakthrough ?
[Business]
2024/02/07 09:09
Apple’s widely anticipated Vision Pro has spurred a virtual reality comeback. The question is whether luxury brands are ready, and whether consumers will bite?Apple’s widely anticipated Vision Pro has spurred a virtual reality comeback. The question is whether luxury brands are ready, and whether consumers will bite?After breaking headlines last June, Apple’s highly anticipated – and inexor...
(PDF) Mckinsey - Here to Stay : An Attractive Future for Medical Aesthetics
[Business]
2024/02/07 09:08
The medical-aesthetics sector shows strong resilience and room for strategic innovations in business models, product portfolios, and consumer targeting.Even at the depths of the COVID-19 pandemic, the future looked bright for the medical-aesthetics industry. As we reported in 2021, the industry was poised to grow by as much as 14 percent annually through 2026.1 This growth was due to an expandi...
(Video) Amazon Launches an AI Chatbot to Help Shoppers
[Tech]
2024/02/07 09:07
Rufus is an expert shopping assistant trained on Amazon’s product catalog and information from across the web to answer customer questions on shopping needs, products, and comparisons, make recommendations based on this context, and facilitate product discovery in the same Amazon shopping experience customers use regularly.Launching today in beta to a small subset of customers in Amazon’s mob...
How Important Is China for Apple ?
[Business]
2024/02/07 09:06
China is a very important market for Apple, accounting for almost 20 percent of the company's total sales. After entering the Chinese smartphone market in 2010, Apple’s sales in the region grew more than 20-fold within five years, peaking at $58.7 billion in 2015 before gradually falling back to $40.3 billion in 2020, when Covid-19 heavily affected Apple's business in the region. Luckily for A...
