GenAI investment is expected to grow 30% in 2024, with ROI over the next three years likely three-times higher than companies making little such investment.Overall IT budgets are expanding but spending remains uneven, with a focus on security and driving digital transformation.Leaders plan to consolidate vendors across virtually all products, with GenAI the notable exception.GenAI budgets are e...

Technology company Dyson has unveiled the OnTrac noise-cancelling headphones, which are the brand's first-ever audio-only headphones.Launched today, the OnTrac was designed to make an impact on the headphones market people in a similar way to Dyson's launch of the DC01 vacuum in 1993.Hands putting headphones on a robotDyson has launched its first audio-only headphones"At Dyson, we are driven by...

Starting today, July 16, Prime members will have 48 hours to scour, according to Amazon, "amazing deals on products from top national brands and small business sellers". Originally conceived in 2015 to celebrate Amazon's 20th anniversary, Prime Day has quickly evolved into a major shopping event, rivaling Black Friday and Cyber Monday. For Amazon, it has become a great vehicle to boost sales in...

A newly developed airshield supports track and field athletes such as Mujinga Kambundji with overspeed training.If you want to run faster, it definitely helps if you know what it feels like to run faster. The Airshield was designed with that fact in mind, as it allows runners to train without experiencing any air resistance.Currently in prototype form, the Airshield is being developed by Prof....

Altagamma survey shows personalization, bespoke products, and community experiences emerging as key differentiators for luxury brands targeting elite consumers.A luxury car drives away from an Embraer executive jet during the Asian Business Aviation Conference and Exhibition at the Shanghai Hongqiao Airport on April 14, 2014. Image: Mark Ralston/AFP via Getty Images In the face of global econom...

Swedish fashion giant H&M Group is partnering with Rondo Energy, a leading provider of zero-carbon industrial heat and power, to research the potential of applying heat storage technologies in its supply chain.In addition, H&M is also investing in Rondo and joining its strategic investor advisory board (SIAB) to further assist Rondo in providing clean, affordable heat to textile factori...

Funding in digital health drops, but larger check sizes and an uptick in exits highlight bright spots for the industry in Q2’24.Investor dollars in digital health slowed in Q2’24, while deal volume dropped to its lowest quarterly level since 2014.Amid the decline, investors have shifted their focus to writing fewer, larger checks for more mature companies in the digital health ecosystem. Mean...

Coming from an Austrian start-up, FlyNow promises a fleet of electric helicopters that will transport guests around a 600-hectare site in Riyadh during World Expo in Saudi Arabia in 2030. This ambitious FlyNow e-Copter plan came from FlyNow co-founder and COO Yvonne Winter, this news was also shared by Saudi Arabia Holding Co. CEO Mohammed AlQahtani via LinkedIn. The announcement says that ther...

The U.S. Patent and Trademark Office officially granted Apple a patent that relates to light source modules, including, without limitation, next-gen flash light source modules on an iPhone, iPad and MacBooks that includes a laser-pumped phosphor light source.A light source module, which can include a camera “flash” module can emit light which illuminates a space external to the light source m...