U.S. Home Price Growth Over 50 Years
[Investing]
2023/07/11 09:05
U.S. home prices grew significantly in 2022, even as interest rates climbed higher.Yet in inflation-adjusted terms, this growth rate was far lower. By Q4 2022, it fell to being flat year-on-year, making it the slowest real growth seen in a decade.The above graphic compares nominal and real residential property price growth over 50 years based on the latest data from the Bank for International S...
AI-Powered AR Wearable Startup, Brilliant Labs Scores $3M From Oculus And Siri Co-Founders
[Investing]
2023/07/11 09:04
Brilliant Labs, a Singapore-based startup that develops augmented-reality wearables powered by ChatGPT, raised more than $3 million in a seed round from investors including cofounders of some of Silicon Valley’s best-known companies.Bobak Tavangar, cofounder and CEO of Brilliant Labs, wearing his company's AR monocle.BRILLIANT LABSBrendan Iribe, cofounder of Oculus VR, the virtual-reality head...
Robotic Rotating Table Service Elevates Your Dining Experience
[Design]
2023/07/11 09:03
It’s the robotic version of our conventional rotating table. This unique project would elevate your dining experience. Most dining robot uses fixed plates that make it difficult to pickup your food from that multi-level tray, the waiter has to bend over to reach them, it’s inelegant. This design aims to create a robotic dining table that allows you to pickup your food more convenient and eleg...
(Patent) Mastercard Wants to Let You Pay with a Mask On
[Tech]
2023/07/10 09:10
The company wants to patent a method for payment authentication “while wearing a face covering” by embedding a “wireless transmitter chip associated with a unique identifier” into the user’s mask.Patent Application : https://bit.ly/3rjemSD[uspto]
BCG - For Chip Makers, the Decarbonization Challenge Lies Upstream
[Business]
2023/07/10 09:09
Advances in semiconductor capabilities are helping to reduce global carbon emissions by spurring electrification. But that good news comes with a less desirable reality: semiconductor manufacturing is responsible for as much CO2 output as half of US households.Chip makers have taken steps to reduce Scope 1 and Scope 2 emissions. But to accelerate their carbon-reduction efforts, chip companies m...
Casetify Reveals Lineup of Apple Vision Pro Accessories
[Product]
2023/07/10 09:08
Apple Vision Pro won't release until early 2024, but that hasn't stopped Casetify from showing off a preview of its accessory lineup for Apple's headset.Apple revealed Apple Vision Pro, its first Spatial Computing device, during WWDC 2023. The company shared that there would be ample options for accessories at launch, and Casetify is among the first to announce its lineup.Bounce Vision is Caset...
Birkenstock Considers IPO Valued at More Than $6 Billion USD
[Investing]
2023/07/10 09:07
L Catterton bought majority stake in sandal maker in 2021. LVMH-backed firm working with Goldman, JPMorgan on listin.L Catterton, the private equity firm backed by luxury French fashion house LVMH, is considering strategic options for Birkenstock including an initial public offering, according to people familiar with the matter. The iconic German sandal maker could be valued at more than $6 bil...
(Infographic) Ranking Industries by Their Potential for AI Automation
[Business]
2023/07/10 09:06
Since the release of tools like ChatGPT, artificial intelligence (AI) has begun to permeate industries worldwide, transforming the way we work and live.To gain insight into this rapidly evolving landscape, our sponsor MSCI has ranked U.S. industries by their estimated share of employment that could be exposed to AI-driven automation.According to these findings, “office and administrative suppo...
Celestial AI Raises $100M to Expand Photonic Fabric Technology Platform
[Investing]
2023/07/10 09:05
Celestial AI, a developer of optical interconnect technology, has announced a successful series B funding round, raising $100 million for its Photonic Fabric technology platform. IAG Capital Partners, Koch Disruptive Technologies (KDT) and Temasek’s Xora Innovation fund led the investment. Other participants included Samsung Catalyst, Smart Global Holdings (SGH), Porsche Automobil Holding SE,...