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Generative AI Use will Continue Its Climb Across All Age Groups, Especially Among Gen MZ

Generative AI use will continue its climb across all age groups, especially among millennials and Gen Z.Key stat: In 2025, more than half of US Gen Zers (52.9%) and millennials (52.0%) will be monthly generative AI users, according to our forecast.Beyond the chart:Next year, over 100 million people in the US will use generative AI, per our forecast.ChatGPT is one of the biggest drivers of gener...

Tesla Releases Cardboard Cat House Informed by Cybertruck in China

It is International Cat Day, and Tesla has a surprise in store as it unveils its own Tesla Cybertruck cat litter box made of cardboard for furry pets, ahead of the official release of the car’s real models. The first real model of the Tesla Cybertruck has already been revealed and produced at the company’s Giga Texas, four years after it was first announced to the public and following two yea...

(PDF) BCG - How CMOs Are Succeeding with Generative AI

The reality of generative AI (GenAI) is catching up to the hype about how it could disrupt the roles of marketers and of marketing itself. Our April 2023 survey of over 200 CMOs from several sectors in eight countries in North America, Europe, and Asia revealed that CMOs around the world are optimistic and confident about GenAI’s future ability to enhance productivity and create competitive ad...

(Patent) Ford Patents Hint at EV Charging While Driving

Ford is exploring patent technology that could allow EVs to charge while driving, using hardware embedded in the road.Published by the United States Patent and Trademark Office (USPTO) on July 20, 2023, and originally filed Jan. 20, 2022, a Ford patent application titled "Roadway Charging Coil Alignment and Monitoring" aims to apply wireless inductive charging to vehicles in motion.Wireless ind...

Healthcare Industry Trends Mid-Year 2023 Update

Venture capital firms have about $35 billion in fresh funding raised over the past 18 months to deploy in new healthcare companies. A new healthcare investment landscape is emerging marked by fewer deals, slower investment pace, smaller check sizes and more scrutinous investors. Yet, there are reasons for optimism. The rightsizing of valuations is leading to more sustainable, long-term growth a...

Viral Toaster-Maker Developing Small Wind Power Generator

Balmuda to start trials of small wind power generators. Company is known for making high-end household appliances.A Japanese boutique appliance maker has its eyes on a new challenge amid the energy transition trend: developing a small-scale wind power generator.Balmuda Inc. — the manufacturer of products including a $300 toaster that has a cult following — said it will begin trials this fall...

Brevel Sprouts $18.5M to Develop Microalgae-based Alternative Proteins

Microalgae is everywhere, it seems. It’s being used as a way to replace fossil fuels and is used in cosmetics and pharmaceuticals and as a food source. It’s a substantial market, too, expected to be valued at $25.4 billion by 2033.Brevel, a Tel Aviv–based company, is developing microalgae into an alternative protein and today announced $18.5 million in seed funding.Founded in 2016 by three b...

BYD vs. Tesla : China's EV Giant is Charging Ahead

For Chinese manufacturing giant BYD, it seems like the only way is up at the moment — the automaker has just posted its third consecutive month of record-breaking EV sales and climbed 224 positions on this year’s Fortune Global 500.While its 212th placement on Fortune’s list will undoubtedly be the first time that some in the West will have come across BYD, the company has quietly become one...

How Delvaux, The World’s Oldest Luxury Leather Goods Maison, Emerged as a Gen Z Fave

What does the world’s oldest luxury leather goods house and a 1900s surrealist painter have in common? Beyond that they both hail from Belgium, they’re joining forces for one of the summer’s most fantastical cross-genre collections.Coinciding with the 125th anniversary of Belgian master René Magritte’s birth, luxury brand Delvaux is launching a limited edition Surrealist-inspired capsule c...

 

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