TREND REPORTS
The AI Chip Boom Saved This Tiny Startup, Grog. Now Worth $2.8 Billion
[Investing]
2024/08/06 09:06
Armed with a newly raised $640 million, Groq thinks it can challenge one of the world’s most valuable companies with a purpose-built chip designed for AI from scratch.Jonathan Ross’s first inkling that something was wrong came back in February while he was speaking to a host of Norwegian Parliament members and tech execs in Oslo. Ross, the 42-year-old CEO of AI chip startup Groq, was in the m...
(Video) A Flapping Microrobot Inspired by The Wing Dynamics of Rhinoceros Beetles
[Tech]
2024/08/06 09:05
The wing dynamics of flying animal species have been the inspiration for numerous flying robotic systems. While birds and bats typically flap their wings using the force produced by their pectoral and wing muscles, the processes underlying the wing movements of many insects remain poorly understood.Researchers at Ecole Polytechnique Fédérale de Lausanne (EPFL, Switzerland) and Konkuk Universi...
Kids are More Likely Than Adults to Have Access to Most Common Consumer Devices
[Consumer]
2024/08/06 09:04
Adults worldwide have access to smartphones at a higher rate (98%) than children do (90%), per December 2023 data from Razorfish and GWI. But for laptops, gaming consoles, tablets, and smartwatches, children are more likely to have access to the devices than adults.Beyond the chart:65% of parents of Gen Alpha think tech positively impacts their child, according to data from Razorfish.86% of US...
Mono Kitchen Hood Brings a Minimalist But Functional Air Purifier
[Design]
2024/08/06 09:03
For those who spend a lot of time indoors in their homes or condo units, we are not always so conscious about the quality of the air that we breathe. We are now only becoming aware that air pollutants can be as harmful as outdoors, sometimes even more so. Cooking in the kitchen is also a major source of indoor pollutants so you need to have a good filtration system especially there.The Mono kit...
Why Warren Buffett’s Berkshire Dumped 55.8% Of Its Apple Stock
[Investing]
2024/08/05 09:10
Warren Buffett dumped 55.8% of Berkshire Hathaway’s holdings of Apple stock in the first six months of 2024, according to Reuters.Since the end of 2023 Berkshire has sold 505 million Apple shares — 115 million in the first quarter and another 390 million in the second quarter. As of June 30, that represents a 55.8% reduction in Berkshire’s Apple holdings since the beginning of the year, Reut...
(Patent) Philips’ AI Ultrasound
[Tech]
2024/08/05 09:09
Philips may soon invite AI into the doctor’s office. The medical devices firm filed a patent application for an ultrasound system that uses a neural network to produce images from “undersampled data.” To put it simply, Philips’ tech uses a generative neural network to create high-quality medical images despite incomplete data. While similar techniques exist, they “may excessively smooth im...
(PDF) Mckinsey - Logistics Start-Up Funding : The Investor Pullback Continues
[Investing]
2024/08/05 09:08
In the post-COVID-19 era, investors pinch their pennies.The decline in postpandemic logistics funding continues.1 After reaching an unprecedented $25.6 billion in 2021, venture funding for logistics start-ups fell to just $2.9 billion in 2023—a two-year plunge of nearly 90 percent, and the lowest level of funding since 2015. A number of factors are driving this sharp pullback by investors, inc...
Hayden AI Raises $90M in Series C Led by TPG’s The Rise Fund
[Investing]
2024/08/05 09:07
Hayden AI Technologies, Inc (“Hayden AI”), the leader in vision AI solutions for smart cities, announced $90 million in new growth equity financing. The Series C round was led by The Rise Fund, the multi-sector strategy of TPG’s global impact investing platform, and was supported by existing investors such as the Drawdown Fund and Autotech Ventures, among others. This investment will acceler...
(Infographic) WEF - Top 10 Emerging Technologies in 2024
[Tech]
2024/08/05 09:06
Emerging technologies of today have the power to reshape industries, achieve significant scale, and shift the economic landscape.From AI-driven advancements in disease detection to carbon-capturing microbes, these technologies stand to improve future society. Meanwhile, greater efficiencies in wireless connectivity allow networks to drive higher data rates and enhance robust communications acro...
