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Microsoft Racks Up Over $500 Million in AI Savings While Slashing Jobs

Microsoft (MSFT.O) saved more than $500 million in its call centers alone last year by using artificial intelligence, Bloomberg News reported on Wednesday.The tech giant last week announced plans to lay off nearly 4% of its workforce as it looks to rein in costs amid hefty investments in AI infrastructure. In May, the company had announced layoffs affecting around 6,000 workers.AI tools were he...

A Simple Shape Turned The Coca-Cola Logo Into A Timeless Icon

It all ties back to one design tweak from 1969. Today, Coca-Cola has one of the most iconic brand identities in the world—so iconic, in fact, that one 2010s study found that “Coca‑Cola” is the second‑most widely understood term in the world after the word “okay.” But the brand’s modern global footprint might look entirely different if it weren’t for one major design overhaul in 1969 ca...

(PDF) BCG - Unpacking The $15 Trillion Opportunity in Leisure Travel

Travel companies should seek ways to attract local and regional tourists as well as international visitors and prepare for a rapidly evolving customer base.More and more visitors are coming from emerging markets.Millennials and Gen-Zers are the most influential travelers globally. Relative to older generations, they are planning more trips.Multigenerational and blended travel is on the rise bec...

Sperm Freezing Is a New Hot Market for Startups

Last summer, Alexander McKinnon was always feeling tired. “I would lie on the couch at 2 in the afternoon and fall asleep,” he says. The founder of a biotech startup in Boston, he initially thought it was the byproduct of a demanding job, but as time passed, his exhaustion didn’t subside. By September his doctor had run a blood test and found his “super fatigue” was tied to low levels of t...

AI Shopping Is Here. Will Retailers Get Left Behind ?

AI doesn’t see the internet the same way human shoppers do, meaning retailers need to adapt as more consumers turn to AI to find products or even make purchases.Businesses from Walmart to luxury fashion labels are reconsidering everything from their web design to online advertising as they try to catch the eye of AI and not just humans.Many fashion e-commerce sites contain elements that can tr...

Aging Populations

One of the key challenges the world is facing in the coming decades is the gradual and largely irreversible shift towards older populations. According to the United Nations Population Division, the number of people aged 65 and older, currently estimated at 857 million, is expected to nearly double over the next two and a half decades, reaching 1.58 billion in 2050. The share of the global popul...

(Video) Giant Wheels And Robots Help Dyson Farm Strawberries In The UK

When most people think of Dyson, vacuum cleaners and air purifiers probably come to mind. But Dyson has also ventured into the world of agriculture, bringing its signature innovation to strawberry farming. It might seem strange and unrelated to their original business, but James Dyson himself thinks it’s a natural fit, since “growing things is like making things.” The company is focusing on...

(Video) How AI Infiltrated Perfume - Osmo AI

At a pristine, multimillion-dollar lab on the Manhattan waterfront, just down the street from a men’s homeless shelter and the medical examiner’s office, a slice of summer plum is being converted into fragrance code. This is the work of Osmo, a fragrance tech startup claiming to build artificial olfactory intelligence. Osmo has parlayed this innovation into offering turnkey fragrance compound...

The Plummeting Cost of Renewable Energy

The price of concentrated solar power declined by 54% since 2014 and solar photovoltaic (PV) declined by 75%.Concentrated solar power, which uses mirrors to produce concentrated sunlight, stood at a $53 billion market in 2023.Wind power is at least 60% less expensive than in 2014, driven by larger generating capacity and technical advancements improving installation costs.Renewable energy is ge...

 

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