AI Language Startup Speak Hits Unicorn Status After Raising $78M Series C
[Investing]
2024/12/12 09:07
Speak, a startup that wants to help people learn new languages through AI, raised a fresh $78 million Series C led by Accel — doubling its valuation in fewer than six months and reaching unicorn status at a $1 billion valuation.It was just last June when the San Francisco-based startup announced a $20 million Series B extension at a $500 million valuation.Of course, such valuation jumps are no...
Smart Threads That Can Power Wearables
[Tech]
2024/12/12 09:06
The thread could be used to power medical wearables or even charge a phone.Wearable electronics could revolutionise the way we monitor our health, enabling individuals to easily track things like glucose levels and heart rate without needing to visit a doctor. Now, researchers from the Chalmers University of Technology could take wearable technology to the next level – with textiles that gener...
The Labor Market for Recent College Graduates
[Consumer]
2024/12/12 09:05
The labor market for recent college graduates weakened somewhat in the third quarter of 2024. The unemployment rate ticked up to 5.3 percent, while the underemployment rate held steady at around 40.6 percent.Getting a college degree doesn’t guarantee a good job like it used to. The overall job market is holding up pretty well, but it might not feel like it for new college grads.Last week’s No...
Rolls-Royce Releases Miniature DIY Home Sculpture - $5,500 USD
[Product]
2024/12/12 09:04
Rolls-Royce is letting homebodies take the wheel with Cameo, its luxuriously crafted miniature sculpture that distills the automaker’s signature style and craftsmanship into a tabletop centerpiece. More than just a tiny trinket, this collectible work of art mirrors the design philosophy of the full-sized Rolls-Royce vehicles, with each detail engineered to impress.The Cameo features a solid oa...
Modern Electric City Bus Concept for STEYR Automotive
[Design]
2024/12/12 09:03
Designed as a modern public transportation, this electric city bus for STEYR Automotive provides very distinctive style that captures new contemporary design. Inspired by the past yet influenced by aesthetic codes and trends around us. It’s a modern city bus concept that strives for visually appealing design while providing meaningful solutions in urban environment. The design process involves...
(Paper) World Bank - Who On Earth is Using Generative AI ?
[Business]
2024/12/11 09:10
OpenAl's ChatGPT accounts for 82.5% of total web traffic among 40 generative Al tools. The rise of GenAI has been astounding. As of March 2024, the top 40 GenAI tools we tracked received nearly three billion monthly visits from hundreds of millions of users. ChatGPT stands out as the undisputed leader of this boom, capturing over 82.5% of the total traffic, with over two billion global visits a...
As Big Tech Profit Growth Slows, Investors Hunt for a New Thing
[Investing]
2024/12/11 09:08
Magnificent 7’s 2025 profit growth projected to slow to 18%. Chip giant Nvidia is seen driving most of that profit growth.The stock market’s growth engine is running on fumes.For years, investors have counted on the biggest technology companies to power equity indexes higher based on their strong earnings and expectations for even more profits in the future, most recently fueled by the develo...
(Video) Robodies : Next-Gen Robots Advancing In-Home Elderly Care with Telepresence
[Product]
2024/12/11 09:08
Robodies are advanced robotic avatars using AI, AR, and 5G to project operators’ senses, actions, and presence anywhere globally.German robotics startup Devanthro has unveiled its latest generation of telepresence robots, specifically designed for caring at home.Robody’s newest version boasts a fully redesigned torso and arms, paired with enhanced hardware upgrades.The robot aids with daily t...
Breaking Down The F1 Brand Opportunity
[Business]
2024/12/11 09:07
Formula One’s evolution into a lifestyle ecosystem offers luxury brands new ways to connect with affluent, experience-seeking consumers.From a Louis XIII Cognac partnership with Wynn Las Vegas to the Puma Ultra 5 Ultimate x F1 sneaker, the weekend’s Las Vegas Grand Prix illustrated just how many brand opportunities Formula One offers.Long revered as the pinnacle of motorsport, F1 is rapidly e...