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Archive for the ‘business’ category: Page 26

Dec 11, 2023

Spotify slashes staff to move faster into AI — and Wall Street loves it

Posted by in categories: business, robotics/AI

Spotify made a name for itself in the audio-streaming business through its hyper-personalized user experience, thanks to artificial intelligence and a team of 9,800 staffers at the end of 2022.


But after three rounds of layoffs in one year: 590 positions in January, 200 in June, and another 1,500 this week, Spotify’s investments into AI to boost margins for its podcasting and audiobook divisions look like a complete overhaul in strategy that Wall Street seems confident can work.

“Spotify is leveraging AI across its platform, launching AI DJ, simulating a traditional radio experience, in 50 additional markets and rolling out AI Voice Translation for podcasts,” said Justin Patterson, equity research analyst at KeyBanc Capital Markets, in a research note. “Coupled with audiobooks rolling out to Premium Subscribers, we believe Spotify has several opportunities to drive engagement and eventually stronger monetization.”

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Dec 10, 2023

Unstoppable Tesla: A Deep Dive into Investing with James InvestAnswers

Posted by in categories: business, economics, finance

This is the BEST and most complete deep dive on the financial models for Tesla’s 11 major business units! James from InvestAnswers comes with data and analysis of the seasonality of Tesla stock showing its volatile movement as it compares to the macro economy and the S and P 500. Together we adjust the assumptions and metrics in his dynamic financial model. Come join us! The spreadsheet used in the video will be made available to everyone once James finalizes it first James runs a very successful YouTube channel called InvestAnswers where he shares insights on financial freedom, real estate, crypto, stocks, and options.

Dec 8, 2023

Dassault’s newest jet is powered by P&W’s 14,000-pound thrust engine

Posted by in categories: business, transportation

The powerful jet engine will help reduce travel times between popular global destinations in an environment-friendly manner.


Dassault Aviation’s newest business jet Falcon 6X has entered service powered by Pratt and Whitney’s (PW) 812D engines offering 14,000 pounds (lbs) of thrust. The engines underwent rigorous testing since their selection five years ago and will now help the first extra wide-body business jet zoom around the world at 0.9 Mach.

Dassault’s newest offering aims to redefine the travel experience by offering unparalleled comforts of space and luxury in a business jet. The extra wide body design of the aircraft is further enhanced by the “uninterrupted lines” feature of the cabin that de-clutters in interiors like never before.

Dec 8, 2023

Arnold Schwarzenegger’s Insights on Equality, Inclusivity, and Success

Posted by in categories: business, neuroscience

Ryan speaks with Arnold Schwarzenegger on how to be useful while we still have the time, the mental, physical and psychological benefits to nurturing the mind and body, keys moments during his bodybuilding career, running for governor and more… Arnold Schwarzenegger is an Austrian and American actor, businessman, filmmaker, former politician, and former professional bodybuilder best known for his roles in high-profile action movies. He served as the 38th governor of California from 2003 to 2011 and was among Time magazine’s 100 most influential people in the world in 2004 and 2007. Be Useful: Seven Tools For Life is written with Arnold Schwarzenegger’s uniquely earnest, blunt, powerful voice. It takes readers on an inspirational tour through his toolkit for a meaningful life. Arnold shows us how to put those tools to work, in service of whatever fulfilling future we can dream up for ourselves. He brings his insights to vivid life with compelling personal stories, life-changing successes and life-threatening failures alike—some of them famous, some told here for the first time.

Dec 7, 2023

How AI is revolutionizing the world of medicine

Posted by in categories: biotech/medical, business, robotics/AI

FOX Business’ Lauren Simonetti details a breakthrough finding in the medical community revealing how artificial intelligence can help detect silent seizures.

Dec 7, 2023

Why a Japan firm plans to track sleep pattern of 10 million hotel guests

Posted by in categories: business, health

The model expects to generate $203 million in revenue by 2030 from its new health promotion business.


How would you feel if someone offered you a stay at a hotel, but with a catch: they would watch you sleep and collect data from your body? Would you be curious, excited, or creeped out? Well, that’s exactly what a Japanese IT company plans to do as part of its new health promotion business.

NTT’s bold plan

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Dec 7, 2023

Is the Answer 42? Navigating the New Era of AI Intelligence

Posted by in categories: business, robotics/AI

This blog post is tailored to capture the interest of a professional management and executive audience, combining theoretical insights with practical advice. It aims to provoke thought and encourage a proactive approach to the integration of AI in the business world.

Dec 6, 2023

The True Value Of Data And AI In Human Resources

Posted by in categories: business, information science, robotics/AI

As we venture deeper into the digital era, the scope and possibilities of data and artificial intelligence (AI) in human resources (HR) are expanding at an unprecedented rate.


Johnson & Johnson deployed an AI-based writing tool, Textio, to identify unconscious bias in their job listings. Upon identifying a masculine tilt in the language of many of their job postings, they made some AI-driven adjustments that led to a 9% uptick in female applicants.

Unilever employs AI to streamline the initial stages of its recruitment process. Candidates are asked to play a number of games that test their logic, aptitude, reasoning, and appetite for risk. Then the HR team uses machine learning algorithms to assess candidates’ suitability for the role they have applied for, by matching their profiles against previously successful employees. This approach has not only improved the efficiency of Unilever’s recruitment process but also provided a more engaging candidate experience.

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Dec 6, 2023

This founder used AI to build his paralysed daughter an exoskeleton. Now he’s raised money to turn it into a business that will teach you anything

Posted by in categories: business, cyborgs, economics, robotics/AI

Nolej’s cofounder, Bodo Hoenen, used AI to help design an exoskeleton for his paralysed daughter, Lorelei.

Dec 5, 2023

Foretellix raises $85M to build and test scenarios for self-driving systems

Posted by in categories: business, finance, robotics/AI, transportation

On their way to building fully autonomous vehicles, self-driving car makers are facing a tall task: training their AIs to be able to respond reliably to any and all scenarios that a car, truck or bus might encounter as well as, or hopefully better, than a human would. Today, a startup with a platform to help with that challenge is announcing a sizeable round of funding to take those strategies up a gear.

Foretellix, which builds verification and validation solutions to test the full range of driver assistance and autonomous systems that are coming out on the market, has closed its Series C at $85 million. The round includes financial investors alongside strategic backers from the automotive and chip industries, a signal of who is already doing business with Foretellix, as well as the longer business trajectory for the startup.

The round is being led by Israeli VC 83North, with Singapore’s Temasek and carmaker Isuzu investing alongside Woven Capital (Toyota’s venture fund), Nvidia, Artofin and previous backers MoreTech, Nationwide, Volvo Group VC, Jump Capital, Next Gear Ventures and OurCrowd. Foretellix may ring a bell for readers: The first close of this round was in May of this year (at $43 million).

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