In the fast-paced world of business, staying ahead often means adopting innovative technologies. One such breakthrough is AI’s digital twin technology. These digital twins simulate real-world assets and processes, providing a virtual model to analyze, predict, and optimize. For instance, in personalized healthcare, digital twins can simulate human bodies to test treatments without risk, tailoring […]
Researchers develop a method to improve reward models using LLMs for synthetic critiques
In the fast-paced world of business and technology, finding ways to enhance efficiency while cutting costs is critical. Researchers have recently made strides in achieving this through the use of Large Language Models (LLMs) for synthetic critiques, presenting a transformative method to improve reward models. This innovative approach addresses a significant challenge in machine learning: […]
What Qualifies as ‘Recycled’ Gold?
Over the last few years, top brands like Pandora and Prada have committed to using only recycled gold in their jewellery, positioning it as a move towards ethical and environmental sustainability. Despite its rising popularity, the term “recycled gold” is under intense scrutiny. Critics argue it lacks meaningful standards, leading to potential greenwashing. Recycling gold […]
What’s Hot in Sunscreen Now
SPF’s moment in the sun shows no sign of setting. If brands like Coola and Supergoop helped consumers consider sunscreen as more than just a drug-store standby, today, labels like Vacation, Ultra Violette, and Beauty of Joseon are cementing its status as a market-driving beauty product. In 2023, the volume of Google searches for skincare […]
IBM’s GenAI center to advance AI technology in India
IBM’s GenAI Center Accelerates AI in India IBM has inaugurated its new GenAI Center in India, aiming to push the boundaries of artificial intelligence (AI) in the region. This center is expected to significantly boost innovation, productivity, and expertise in generative AI. The GenAI Center will act as a hub for developing advanced AI technologies. […]
Samsung wins AI chip order from Japan
Samsung Secures AI Chip Order from Japan Samsung Electronics has clinched a significant deal to supply AI chips to a major Japanese client, further solidifying its presence in the semiconductor market. This new order involves chips designed by South Korea’s Gaonchips Co., a renowned design company. These advanced chips will utilize gate-all-around (GAA) architecture, an […]
New carbon storage technology is fastest of its kind
A groundbreaking carbon storage technology has emerged, promising to revolutionize the way we combat climate change. Unlike current methods that rely on harmful chemical accelerants, this new technology operates much more rapidly, offering a safer and more efficient solution for carbon capture. Traditional carbon storage techniques are typically slow and often involve the use of […]
Does Burberry Have the Wrong Strategy?
Burberry’s latest revamp has faltered. Sales dropped 12 percent in the first three months of 2024. The British trench coat maker isn’t the only luxury player that’s struggling in a cooling luxury market, of course. Gucci’s sales fell 20 percent in the first quarter. But Burberry’s poor performance has ratcheted up the pressure on those […]
Is Fashion Done With Diversity Departments?
In 2019, Liela Touré, working in public relations at a high-end e-commerce retailer, suggested forming an employee resource group for racial-minority staff. The company’s global social responsibility manager shared that similar proposals had repeatedly been dismissed by senior executives. Everything changed in 2020 after the death of George Floyd. The global protests and feedback from […]
Pamela Love Buys Back Her Brand
Pamela Love, acclaimed for her innovative jewellery designs, has reacquired her eponymous brand from RedLuxury Group. The Paris-based investment firm secured an 80 percent stake in her business in 2019. “We were not aligned on business practices and strategies,” said Love, highlighting discrepancies with investor expectations. The rebuy happened through a strategic collaboration with Alex […]
