TREND REPORTS
Trust & Will Secures $15M After Doubling Revenue
[Investing]
2023/04/05 09:05
Amex Ventures, USAA are among the digital estate planning startup's new backers.Drafting a will and planning for what happens to your estate once you pass away is well, not exactly fun. Both tasks can also be very pricey endeavors, not to mention just painful to do for many reasons.And so it’s no surprise that many people put off the tasks, perhaps living in denial they are not immortal.In fac...
(Video) SpaceX To Rocket To The Moon With Possibly The Largest Lunar Rover - Astrolab FLEX
[Product]
2023/04/05 09:04
SpaceX’s Starship will carry an SUV-sized rover to the Moon in 2026. The Astrolab FLEX can transport cargo, equipment and people. The Astrolab Flex is a modular rover that can carry two astronauts across the surface of the Moon.While its next-generation rocket has yet to fly, that’s not stopping SpaceX from booking Starship flights. On Friday, a startup named Astrolab revealed that it had rec...
Heinz Finds Solution To Getting All The Sauce Out With ‘Ketch-Up & Down’ Bottle
[Design]
2023/04/05 09:03
Aside from coming up with a “label of truth” to help customers spot the real Heinz ketchup from imposters, the condiment brand recently invented a solution to an age-old problem that’s plagued sauce fans all over the world: how to get everything out of the bottle.The solution? A special Heinz Ketch-Up & Down bottle with lids on opposing ends, so that no matter which way the product is st...
(PDF) Goldman Sachs Report : The Potentially Large Effects of AI on Economic Growth
[Investing]
2023/04/04 09:10
The boost to global labor productivity could also be economically significant, and we estimate that AI could eventually increase annual global GDP by 7%. Although the impact of AI will ultimately depend on its capability and adoption timeline, this estimate highlights the enormous economic potential of generative AI if it delivers on its promise.The recent emergence of generative artificial int...
(M&A) L’Oreal to Buy Cult Skincare Brand Aesop in $2.5 Billion Deal
[Investing]
2023/04/04 09:09
French skincare giant L’Oréal SA has agreed to acquire luxury cosmetics brand Aesop, which was founded in Melbourne before developing a cult global following, for an enterprise value of $2.53 billion.The transaction, which is expected to close in the third quarter, caps months of negotiations for the asset. Other companies, including private equity firm Permira and Chinese investment firm Pri...
(Infographic) Retail Tech 100 : The Most Promising Retail Tech Startups of 2023
[Business]
2023/04/04 09:08
The Retail Tech 100 is CB Insights' annual list of the 100 most promising private retail tech companies in the world. This year’s winners are using technology to help retailers create more connected and personalized experiences and drive efficiency and profitability.[click to enlarge]CB Insights has unveiled the winners of the third annual Retail Tech 100 — a list of the 100 most promising pr...
AI Search Startup, Perplexity AI Raises $26M to Offer Rival to Google
[Investing]
2023/04/04 09:07
Perplexity AI is part of a wave of startups trying to remake search with artificial intelligence. Perplexity AI, which makes a conversational search engine using artificial intelligence, has raised $25.6 million in a funding round led by New Enterprise Associates, the latest deal in the booming AI sector. Perplexity is part of a growing wave of startups seeking to use artificial intelligence to...
Levi Strauss & Co partners with Lalaland.ai to Test AI-generated Models
[Business]
2023/04/04 09:07
Levi Strauss & Co., has announced its partnership with Lalaland.ai, a retail technology company, to test customisable AI-generated models.The technology will allow products to be displayed on a wider range of body types, skin tones, ages and sizes, creating a more diverse and inclusive customer experience.While acknowledging that AI will likely never replace human models completely, Amy Ger...
(Infographic) The Explosive Growth of Sports Betting
[Business]
2023/04/04 09:05
In 2022, the sports betting market showed the fastest growth in all commercial gaming segments, with a staggering 75% increase in revenue year-on-year.This growth is more than that of all other streams of gaming revenue combined. This includes slots, table games, and iGaming. In this infographic from Roundhill, we explore this explosive growth and the factors that are driving it.What is Driving...
