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Generative AI Drives Investments, Business Adoption, Public Concerns And New Products

The release of ChatGPT in late November 2022 lit a fire under the subdued venture capital sector, a hesitant business community, and the work of academics and regulators.While venture funding decreased by 19% from Q3’22 to Q4’22, AI funding increased 15% over the same period, according to CB Insights’ State of AI 2022 Report (annual AI funding dropped by 34% in 2022, mirroring the broader ve...

A Modular, Adaptable Toilet Designed for All Mobility Types

The toilet is pretty much the same for everyone, with a seat, a lid, and a flush. And you’re expected to safely transfer your tushy onto its ceramic cushy, no matter your physical ability. Studio Doozy, a design technology firm from Hong Kong that’s specialized in healthcare and lifestyle projects, however, is developing a much more versatile version that doesn’t take up more space than a re...

(PDF) UBS & Art Basel’s The Art Market 2023

The global art market grew to $67.8 billion in 2022, exceeding pre-pandemic levelsThe global art market totaled $67.8 billion in 2022, growing by 3% year-over-year and reaching its second-highest level to date, according to The Art Market 2023, authored by Dr. Clare McAndrew, Founder of Arts Economics and published by Art Basel in partnership with UBS. The report can be downloaded for free here...

(Patent) Toyota Has New Airbag Design That Puts Occupants In An Inflatable Headlock

It might sound extreme, but it's perfectly safe.The development of new airbag designs continues unabated, with Toyota's latest effort being one of the most elaborate we've yet seen. According to a patent found by CarBuzz at the US Patent and Trademark Office, Toyota is working on a new upper-body-surrounding airbag design that will not only protect an occupant's head from injury but will also s...

Revolutionary 3D-Printed Ferry Sets Sail for The 2024 Paris Olympics - Roboat

In 2024, this remarkable vessel will take to the waters of Paris, a revolutionary autonomous, electric passenger ferry built with cutting-edge technology.Holland Shipyards Group, Sequana Développement, and Roboat have won a national call by Voies Navigables de France to create an autonomous passenger boat. The consortium’s ambitious project features the largest 3D-printed autonomous ferry eve...

(Paper) Meta's New AI Model Can Identify Objects in Images

Meta's image segmentation model could have a lot of applications, including in AR and VR.When it comes to generative AI news, Meta has taken somewhat of a backseat as of late. However, on Wednesday, the tech giant unveiled research on image segmentation that could have a large impact on the future of AI. Also: Just how big is this new generative AI? Think internet-level disruptionImage segmenta...

Walmart : America's Largest Retailer is Embracing e-Commerce

Walmart has revamped its website and app to look less like a standard online storefront, and a little more like a social media feed, with video content and big glossy images of products.The retail giant’s e-commerce chief explained the importance of the digital refresh, saying “everyone knows that 90% of the U.S. population lives within 15 miles of a Walmart store, but the closest store to ou...

(Paper) Dieting : Brain Amplifies Signal of Hunger Synapses

A change in the brain's neural pathways while dieting facilitates rebound weight gain.Anyone who has achieved it knows that maintaining weight loss long-term is an uphill battle. The hormonal, metabolic and neural factors that regulate body weight means it can be more a matter of biology than willpower. At the same time, the global weight loss industry is valued at US$224 billion and is set to...

From L’Oréal To Roblox And Web3 : The Virtual Future Of Beauty

Thanks to a focus on community-building and consumer engagement, the $57 billion beauty market may be on its way to surpassing luxury in the metaverse. If 2022 was the year luxury officially entered the metaverse, 2023 is looking to be when beauty takes over it. “We believe that the future of beauty is physical and now also virtual, and this is why we have been digitizing and innovating the be...

 

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