TREND REPORTS
AI Isn’t Making Much Money for Software Companies — Yet
[Business]
2024/06/24 09:06
AI is eating software.Every day in my email inbox, there’s another press release from a tech company launching a generative artificial intelligence feature.It’s clear that application makers are laser-focused on building AI tools. What’s less clear is whether anyone is willing to pay for them.New generative features let you craft pitches using Salesforce, summarize your employees’ skills in...
Kinetic Raises $21M in Series B Funding
[Investing]
2024/06/24 09:05
Kinetic, a Santa Ana, CA-based automotive infrastructure company that delivers digital maintenance and servicing for EVs and AVs through its network of service centers, raised $21m in Series B funding.The round was led by Menlo Ventures, with participation from returning investors Lux Capital, Construct Capital and Haystack Ventures along with new investors Allstate Strategic Ventures and Liber...
Areas Where Inflation Just Keeps Rising
[Investing]
2024/06/24 09:04
Inflation, but make it slower.The latest Consumer Price Index (CPI), a weighted basket of various goods and services, was unchanged month-over-month in May and rose 3.3% on a yearly basis, down from the 3.6% reported in April and the softest reading since July 2022. Let's reiterate: just because the headline reads "Price rises are slowing" doesn't mean prices are falling, rather, they are just...
XREAL Beam Pro is An Android Mobile Device for Creating and Enjoying AR Content
[Product]
2024/06/24 09:03
The launch of the Apple Vision Pro has made people interested in augmented reality and spatial computing technologies again, but the price tag on that product, not to mention its limited availability, means very few will be able to see what the fuss is all about, pardon the pun. On the other end of the spectrum, headsets like the Meta Quest, primarily designed for VR and the Metaverse, are inde...
(PDF) BCG - Decoding Global Talent 2024 - How Work Preferences Are Shifting in the Age of GenAI
[Consumer]
2024/06/21 09:10
We have observed plenty of occasions for new beginnings in the ten years since we began to track workplace trends in our Decoding Global Talent series. We’ve seen ways of working change dynamically (in response to exponential shocks) and deterministically (as a result of long-term trends).“I'm not afraid of new beginnings. If you are afraid, that can limit your abilities. I feel confident tha...
(Video) EOS-X Space Announces Upcoming Ballon Flights to The Edge of Outer Space
[Product]
2024/06/21 09:09
Paying passengers could be flying to the outer edge of the stratosphere as soon as next year, but not with the company you might think. Spain's EOS-X Space has announced that it's nearing finalization of a seven-passenger capsule that will be hoisted heavenward by a giant balloon.When most people think of space balloon rides (if they do), they think of Florida-based company Space Perspective.Si...
AI Boom : Nvidia Becomes Most Valuable Company in the World
[Investing]
2024/06/21 09:08
Nvidia’s market cap hovered around $750 billion at the time – the chipmaker announced results for its first fiscal quarter of 2024. Revenue was up 19 percent, net income increased 26 percent – everything looked positive, but not extraordinarily so. It was the company’s second quarter outlook predicting a 65 percent jump in revenue as well as the words of CEO Jensen Huang that sparked one of...
Vecna Robotics Closes Series C-1 Round for Case-Picking Warehouse Robots
[Investing]
2024/06/21 09:07
Vecna Robotics’ self-driving forklifts take on 100-year-old workflow. An unprecedented influx of venture dollars triggered a supply chain tech boom at the height of the pandemic as households raided Amazon’s coffers for rolls worth their weight in gold: suddenly elusive toilet paper.Then it went bust.The supply chain tech fervor peaked in 2021, with VCs investing a record $61.4 billion. Deal...
Joby Aviation Says FAA Gives Nod for In-House Software for Air-Taxi Operations
[Business]
2024/06/21 09:06
Joby Aviation (JOBY.N), opens new tab said on Thursday the U.S. aviation regulator has authorized the use of the air-taxi maker's in-house software to perform tasks such as managing pilot workload and matching passengers with aircraft similar to ride-hailing apps.The nod for the operating system, known as ElevateOS, comes as Joby gears up to launch its commercial air-taxi operations as early as...
