Developed by researchers at the University of Sheffield, this revolutionary technology has the potential to be a life-saving intervention in high-risk places. In environments deemed too hazardous for doctors to access, the use of robot medics becomes a crucial solution. This fundamental idea has driven the creation of a high-tech vehicle equipped with robotic arms to conduct essential medical t...

How has the art investing platform Masterworks been able to realize a profit for investors with each of its 21 exits to date? Here’s an example: an exited Banksy was offered to investors at $1.039 million and internally appraised at the same value after acquisition. As Banksy’s market took off, Masterworks received an offer of $1.5 million from a private collector, resulting in 32% net annual...

Two companies are creating a fleet of low-emission ships for transporting large aircraft components.Wind-assisted propulsion systems (WAPS) are revolutionising the maritime industry by tapping into wind power to cut emissions. In a landmark deal for the technology, French shipowner Louis Dreyfus Armateurs SAS (LDA) and Finnish innovator Norsepower Oy Ltd will fit the cutting-edge Norsepower Rot...

Luxury goods companies have not only rebounded to pre-pandemic profitability levels but are also undergoing a significant transformation towards an environmentally responsible, circular economy business model. This shift is driven by customer demand and increasing regulatory pressure, and technology is playing a crucial role in accelerating this green transition. The luxury industry, synonymous...

The company has teams working on automated home devices. The search is on for new growth sources after EV gets nixed.Apple Inc. has teams investigating a push into personal robotics, a field with the potential to become one of the company’s ever-shifting “next big things,” according to people familiar with the situation.Engineers at Apple have been exploring a mobile robot that can follow us...

The social media firm is seeking to patent a system for “augmented reality spatial audio.” Snap’s patent details a system that localizes audio to where an AR object is when wearing a pair of smart glasses. Essentially, Snap aims to create a more immersive AR experience using sensor data that’s collected via cameras on their smart glasses. The system then feeds that image data to an AI model...

2023 was another good year for the music industry. According to IFPI’s latest Global Music Report, worldwide recorded music revenues climbed 10 percent to $28.6 billion last year, a new record - at least in nominal terms. This marks the ninth consecutive year of growth for the global music industry after nearly two decades of gradual decline. And while streaming was once again the biggest driv...

Novel method makes tools like Stable Diffusion and DALL-E-3 faster by simplifying the image-generating process to a single step while maintaining or enhancing image quality.Three by two grid of AI-generated images, with small black illustrated robots peeking from behind. The images show a scenic mountain range; a unicorn in a forest; a vintage Porsche; an astronaut riding a camel in a desert; a...

The year of the Bull.Although the Chinese calendar technically ushered in the year of the dragon, it’s a bull that investors have been channeling in 2024. Indeed, stock markets around the world have continued their relentless upward march this year, seeing record highs for Japan’s Nikkei 225 index, India’s Nifty 50, Europe’s closely-watched STOXX 600, and, of course, America’s flagship S&a...