Scaling AI Pays Off, No Matter the Investment
[Investing]
2023/02/21 09:08
While there is broad consensus that artificial intelligence will transform most industries in the decades ahead, many of the companies that have invested in the technology have failed to unlock its full potential. Previous BCG research has shown that only 11% of these companies have released significant value, and the majority have failed to scale AI beyond pilots. Nor have companies reimagined...
How Nature Readers are Using ChatGPT
[Consumer]
2023/02/21 09:07
Eighty percent of respondents have used AI chatbots — and 57% say they use it for ‘creative fun’.Researchers are keen to experiment with using generative AI tools such as the advanced chatbot ChatGPT to help with their work, according to a survey of Nature readers. But they are also concerned about the potential for errors and false information.Of 672 readers who responded to an online quest...
Passwordless Authentication Startup Descope Lands Whopping $53M Seed Round
[Investing]
2023/02/21 09:06
Capital might be harder to come by than it once was in startup land, but some firms are bucking the trend — hard. Take Descope, for example, which today announced that it raised a whopping $53 million in seed funding for its “developer-first” authentication and user management platform.The money came from Lightspeed Venture Partners and GGV Capital with additional funds contributed by Dell T...
YouTube's Enormous Audience Power A $30bn Ad Business
[Business]
2023/02/21 09:05
CEO of YouTube, Susan Wojcicki, announced last Thursday that she would be stepping down after 25 years at Google, with 9 of those at the helm of the world’s largest video sharing platform.Wojcicki is Google royalty. She was initially the search engine’s first landlord, when she rented her garage out to co-founders Larry Page and Sergey Brin in 1998. She went on to become the company’s first...
Japan's Toray Plans New Research Base as 'Flying Car' Market Grows
[Product]
2023/02/21 09:04
Materials company to set up development hub in Nagoya by 2026.[A Joby Aviation air taxi in Manhattan in 2021. Toray Industries has already supplied carbon fiber materials to urban air mobility startups like Joby.] Japanese chemical giant Toray Industries is planning to open a new development base in Nagoya by 2026 to conduct research on materials for flying cars and other next-generation aircra...
(Infographic) Diverse Audiences Value Brands That Show Up Where They Are
[Consumer]
2023/02/21 09:03
Marketers have a 'significant opportunity' to grow sales by demonstrating their support. Nearly 4 in 5 people surveyed feel more positively about brands that advertise on diverse media.The use of food delivery services has skyrocketed—and restaurants should take advantage. Join this Adweek webinar to learn how to create a seamless customer experience and deliver ROI.RegisterPeople shopping for...
(PDF) BCG - Driving Success in Car Subscriptions
[Business]
2023/02/20 09:10
Not so long ago, the idea of car subscriptions was, to many automotive industry observers, a passing fancy—a product in search of demand. Naysayers questioned whether the market for subscriptions could ever reach critical mass. OEMs were wary that if it did, it might cannibalize new car sales.So far, the failures have outnumbered the successes. The fundamental challenges this business model en...
(Video) New Treatment Approved for Chronic Constipation
[Product]
2023/02/20 09:09
Vibrant Gastro Received Honorable Mention in Health Category of Fast Company’s 2022 World-Changing Ideas Awards.Vibrant Gastro received honorable mention in the health category for its innovative drug-free treatment for chronic constipation utilizing an entirely different approach compared to traditional drug-based treatments.Vibrant is dedicated to accelerate the transition to drug-free treat...
Roblox's Next Big Move : Introducing Generative AI to Its Gaming Universe
[Business]
2023/02/20 09:08
The company aims to draw on the new technology’s code-writing ability to make its digital worlds even more customizable.ROBLOX IS TESTING a tool that could accelerate the process of building and altering in-game objects by getting artificial intelligence to write the code. The tool lets anyone playing Roblox create items such as buildings, terrain, and avatars; change the appearance and behavi...
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