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Generative AI is Churning Out Unicorns Like It’s 2021

Runway and Cohere are the latest generative AI startups to join the billion-dollar valuation club. We look at what’s happening in the market and where it’s headed.The tech world is facing a funding drought, widespread layoffs, and investor demands for profit over growth — but you wouldn’t know it from looking at generative AI.The nascent market has already produced 13 unicorns. Five have jo...

Floating Lakeside Pod Lets Visitors Meditate to the Sound of Water and Nature

You don’t need ASMR audio of waterfalls and babbling brooks when your yoga center is literally floating on a lake!Say hello to the Lakeside Meditation Pod, an outdoor space designed by Sri-Lankan architect Thilina Liyanage, to allow yoga practitioners to meditate amidst nature. The pod showcases an almost egg-like shape, putting you in the womb of mother nature, with enough ornate decorations...

(Patent) Nvidia is Revving Up to Take The Driver Out of The Driver’s Seat

The company is seeking to patent tech that uses neural networks to “perform fault detection” in autonomous driving applications. Fault detection is exactly as the name implies: being able to find issues with the AI that’s driving the car. Faults include hardware issues, such as problems with the processing unit executing these deep neural networks, or software faults embedded in the underlyi...

JPMorgan is Developing a ChatGPT-like A.I. Service - IndexGPT

JPMorgan Chase is developing a ChatGPT-like service to provide investment advice to customers, according to CNBC reporting, which found that the financial services company has applied to trademark a product called IndexGPT. The filing said IndexGPT will tap “cloud computing software using artificial intelligence” for “analyzing and selecting securities tailored to customer needs.Just this we...

Nvidia Joins the Trillion Dollar Club

Thanks to its leading role in the global chip industry, Nvidia is expected to be at the forefront of the AI gold rush and after its latest earnings release, investors rushed to hop on board and go along for the ride. Nvidia’s market capitalization jumped by nearly $200 billion on the morning of May 25, after the previous day's earnings release had revealed how much the chipmaker could really p...

Dyson Launches World's Most Powerful Robot Vacuum

Robot vacuums are nothing new in the home appliance sector. However, with the introduction of the iRobot’s Roomba in 2002, homes got a bit cleaner thanks to an autonomous bot that could do all the mundane vacuuming while you kicked your feet up. Dyson, perhaps most famous for its cordless vacuum cleaners and hair styling tools, is finally entering the ring with what it claims to be the most po...

Google Introduces Chatbot, Other Generative AI Creation Tools for Marketers

Long in the background, Google brought its AI tools to the front-end at its Google Marketing Live conference.Transforming your ad sales process just got a lot easier. Learn how to extract more value for existing technology and ultimately drive revenue, ratings and retention in Slack's new ebook.Artificial intelligence has been fundamental to Google’s advertising for decades, but often in ways...

(PDF) Mckinsey - Working Hard for The Money : The Crunch on Global Economic Profit

Global economic-profit pools have been shrinking over the past two decades. What’s going on ?The wider the spread between a company’s ROIC and its cost of capital, the more economic profit1 its capital will create. Since global GDP has grown impressively over the past two decades—even given significant geopolitical and market shocks along the way—one might expect that companies’ aggregate...

Lush Launches Its First Packaging-Free Mascara

Lush takes a bite out of the 120 billion pieces of mostly unrecycled beauty packaging the world creates every year.The packaging of beauty products is hard. Many products have certain requirements to ensure their quality, while many consumers want packaging that is easy to use and easy on the eye. Meeting all of those requirements in a recyclable format is both challenging and expensive.“Many...

 

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