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Retail, Search and Amazon’s $40bn ‘Advertising’ Business

Amazon sold close to $40bn of advertising last year - bigger than Prime, bigger than the entire global newspaper industry and probably more profitable than AWS. But is this really advertising, rent, or something else? And what does that mean for Google?I first started paying attention to Amazon’s ad business a couple of years ago, when a line called ‘other’ in the back of the accounts starte...

(Video) Researchers Want You to Walk Around in VR by Acting Like You Really Have to Pee

A foot-sensing floor mat can detect a user's movements and translate them to a VR world.Virtual reality headsets now come close enough to fooling your eyes into believing you’re someplace else, but the experience doesn’t translate as well to the rest of your body. Researchers from South Korea’s Gwangju Institute of Science and Technology want VR to be a whole body experience, and have create...

Fast-Growing Digital Consumer Services Markets Worth $513bn by 2027

Nontraditional categories of digital gaming, online video, messaging apps, smart home, and digital music are showing faster growth, with projected five-year CAGRs of 5%-21% according to new research from Omdia.[click to enlarge]Although of smaller value than established telco services such as mobile data, pay TV and broadband, these fast-growing markets will be worth $513bn by 2027, the two big...

Distyl AI Raises $7M, Partners with OpenAI to Expand Enterprise AI Offerings

Distyl AI, a San Francisco-based analytics firm that helps large companies use generative artificial intelligence and language models, has raised $7 million in seed funding and formed an alliance with OpenAI, a leading research organization in the field.The funding round was led by Coatue and Dell Technologies Capital, with participation from Nat Friedman, the former chief executive of GitHub;...

AI is Already Taking Video Game Illustrators’ Jobs in China

“AI is developing at a speed way beyond our imagination. Two people could potentially do the work that used to be done by 10.”Recent breakthroughs in AI image generation have created widespread anxiety in China’s video game art industry.Given the high quality of AI-produced artwork, many illustrators are losing their jobs to AI image generators such as Stable Diffusion and DALL-E 2.The gamin...

(Infographic) 20 Cool Facts About Chatbots

Consumers today demand more Chatbot automation to ease their day-to-day and businesses are starting to listen. This infographic from Tabitha Naylor is a testament to this growth and shows that the best is yet to come with the Chatbot industry.Infographic : https://bit.ly/3KAL08e[TabithaNaylor]

(Infographic) Why Israel is the Startup Nation

Although only nearly 75 years old, Israel has emerged as a nation to be a tech startup wonderland to be reckoned with. Learn more about why Israel is so big on the tech scene that many call it “Startup Nation” in the following infographic from College Cliffs.Infographic : https://bit.ly/3A0C5rv[CollegeCliffs]

AI Artist Reimagines How World’s Wealthiest Would Look If They Were Poor

The AI art includes personalities like Elon Musk, Bill Gates, and Mark Zuckerberg.With the wide availability of artificial intelligence-backed art tools, people are able to recreate hyperrealistic photos against all kinds of backdrops. Be it the elderly walking fashion runways, Pope Francis rocking a Balenciaga-style puffer jacket or a bride dressed as an astronaut—it’s all there.Now, a serie...

(PDF) Mckinsey - Automotive Powertrain Suppliers Face a Rapidly Electrifying Future

More quickly than expected, powertrain electrification is creating both pressure and opportunities for the supplier network.Always quick off the mark, electric-vehicle (EV) sales have recently seen a surge. In many industries, the COVID-19 pandemic delayed momentum. But the electrification of vehicles accelerated—with EV sales between 2020 and 2022 growing by more than 90 percent in both the U...

 

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