Brazil’s burgeoning crypto landscape is marking a significant milestone, as it has already surpassed its total crypto asset imports from the entire year of 2023 within just the first nine months of 2024. As reported by the Central Bank of Brazil, the net imports of crypto assets soared by over 60% year-on-year, reaching a staggering […]
Artificial Super Intelligence Predicted by 2035: A Glimpse into the Future
As the world hurtles towards a future not yet imagined, the race to develop Artificial Super Intelligence (ASI) is gaining unprecedented momentum. Notable figures in technology, such as Masayoshi Son, CEO of SoftBank, have boldly forecasted that ASI could be 10,000 times smarter than the human brain by 2035. This declaration, made during a recent […]
AI Investments Weigh on Microsoft as Copilot Demand Remains Sluggish
Microsoft is currently facing critical scrutiny from investors as it prepares to report one of its slowest revenue growth rates in a year, primarily driven by substantial investments in AI technology. The tech giant, which has positioned itself at the forefront of generative AI, is now dealing with a setback in the adoption of its […]
Advex AI Targets Data Shortage with Generative Technology
In a world increasingly reliant on artificial intelligence, the challenge of inadequate training data is becoming more pronounced. Advex AI, a San Francisco-based company, has stepped into this gap by offering a synthetic data solution designed to streamline the creation of training datasets. Launched publicly at TechCrunch Disrupt 2024, Advex AI has already attracted significant […]
ForceField Offers New Solution to Combat Deepfakes and AI Deception
In an era where AI-generated content increasingly blurs the line between reality and fabrication, the demand for tools to validate digital authenticity has never been more pressing. ForceField, a pioneering tech startup, recently unveiled its innovative technology aimed at tackling the widespread problem of deepfakes and manipulated content. Displayed at the 2024 TechCrunch Disrupt conference, […]
Ashton Kutcher Sees AI Shaping Every Business
At the recent TechCrunch Disrupt 2024 event, actor and entrepreneur Ashton Kutcher highlighted the pivotal role Artificial Intelligence (AI) is poised to play across all industries. As a co-founder of Sound Ventures, Kutcher shared insights into why he believes that every company will eventually integrate AI into their operations, asserting that foundational AI models represent […]
Rufus: Amazon's AI Shopping Assistant Goes Global
Amazon has recently announced the expansion of its AI-driven shopping assistant, Rufus, into new international markets across Europe and the Americas. Initially launched in the United States earlier this year, Rufus is designed to enhance the user experience by providing intuitive support for product searches, personalized recommendations, and detailed comparisons. This move represents a strategic […]
The Start-Up Turning AI Designs Into Real Products
In a groundbreaking move for the jewellery industry, the start-up Arcade has launched a platform that enables consumers to design their own jewellery using generative AI and then purchase the finished product. This innovative approach not only highlights the potential of personal expression in design but also unveils the complexities involved in turning AI-generated visuals […]
H&M- and Vargas-Backed Recycling Venture to Hit Commercial Production by Mid-2025
The fashion industry is undergoing significant changes driven by increasing environmental awareness and sustainable practices. One of the most promising developments in this transition is the rise of Syre, a polyester recycling company backed by H&M and the Vargas group. Launched in early 2024, Syre is on track to start its first commercial production facility […]
Next Raises Outlook Again With Profit Set to Top £1 Billion
Next Plc, a prominent player in the British fashion and homewares sector, has once again raised its profit guidance, now anticipating an annual pretax profit of over £1 billion ($1.3 billion) for the first time. This marks the third upward revision this fiscal year, with earlier expectations set at £995 million and initially at £980 […]