The autonomous nature and adaptability of artificial intelligence (AI)-powered pricing algorithms make them attractive for optimizing pricing strategies in dynamic market environments. However, certain pricing algorithms may learn to engage in tacit collusion in competitive scenarios, resulting in overly competitive prices and potentially harmful consequences for consumer welfare. This has prompted policymakers and scholars to emphasize the importance of designing rules to promote competitive behavior in marketplaces.The autonomous nature and adaptability of artificial intelligence (AI)-powered pricing algorithms make them attractive for optimizing pricing strategies in dynamic market environments. However, certain pricing algorithms may learn to engage in tacit collusion in competitive scenarios, resulting in overly competitive prices and potentially harmful consequences for consumer welfare. This has prompted policymakers and scholars to emphasize the importance of designing rules to promote competitive behavior in marketplaces.Business[#item_full_content]
Professor Peng Lu and his team from the Department of Mechanical Engineering of Faculty of Engineering at the University of Hong Kong (HKU), have achieved a milestone in aerial manipulation technology. Their innovative Aerial Elephant Trunk (AET), a novel aerial continuum manipulator, has demonstrated unparalleled capability in performing complex aerial manipulation tasks, marking a significant leap forward for the development of the low-altitude economy.Professor Peng Lu and his team from the Department of Mechanical Engineering of Faculty of Engineering at the University of Hong Kong (HKU), have achieved a milestone in aerial manipulation technology. Their innovative Aerial Elephant Trunk (AET), a novel aerial continuum manipulator, has demonstrated unparalleled capability in performing complex aerial manipulation tasks, marking a significant leap forward for the development of the low-altitude economy.[#item_full_content]
If you’ve worried that AI might take your job, deprive you of your livelihood, or maybe even replace your role in society, it probably feels good to see the latest AI tools fail spectacularly. If AI recommends glue as a pizza topping, then you’re safe for another day.If you’ve worried that AI might take your job, deprive you of your livelihood, or maybe even replace your role in society, it probably feels good to see the latest AI tools fail spectacularly. If AI recommends glue as a pizza topping, then you’re safe for another day.Machine learning & AI[#item_full_content]
Alta raises $11M to bring ‘Clueless’ fashion tech to life with all-star investors
Throughout her years working in technology, Jenny Wang, 28, always found herself stumbling back to one idea — a personal styling agent to help users decide what to wear and buy based on their budget, lifestyle, weather and calendar. She has tried to build such a product numerous times in the past, “but the AI […]Throughout her years working in technology, Jenny Wang, 28, always found herself stumbling back to one idea — a personal styling agent to help users decide what to wear and buy based on their budget, lifestyle, weather and calendar. She has tried to build such a product numerous times in the past, “but the AI[#item_full_content]
A new, densely annotated 3D-text dataset called 3D-GRAND can help train embodied AI, like household robots, to connect language to 3D spaces. The study, led by University of Michigan researchers, was presented at the Computer Vision and Pattern Recognition (CVPR) Conference in Nashville, Tennessee on June 15, and published on the arXiv preprint server.A new, densely annotated 3D-text dataset called 3D-GRAND can help train embodied AI, like household robots, to connect language to 3D spaces. The study, led by University of Michigan researchers, was presented at the Computer Vision and Pattern Recognition (CVPR) Conference in Nashville, Tennessee on June 15, and published on the arXiv preprint server.Robotics[#item_full_content]
A new, densely annotated 3D-text dataset called 3D-GRAND can help train embodied AI, like household robots, to connect language to 3D spaces. The study, led by University of Michigan researchers, was presented at the Computer Vision and Pattern Recognition (CVPR) Conference in Nashville, Tennessee on June 15, and published on the arXiv preprint server.A new, densely annotated 3D-text dataset called 3D-GRAND can help train embodied AI, like household robots, to connect language to 3D spaces. The study, led by University of Michigan researchers, was presented at the Computer Vision and Pattern Recognition (CVPR) Conference in Nashville, Tennessee on June 15, and published on the arXiv preprint server.[#item_full_content]
The U.S. Navy is more aggressively telling startups, ‘We want you’
While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How? Well, the Navy’s Chief Technology Officer Justin Fanelli says he has spent the last two and a half years focused […]While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How? Well, the Navy’s Chief Technology Officer Justin Fanelli says he has spent the last two and a half years focused[#item_full_content]
Alexa von Tobel has high hopes for ‘fintech 3.0’
It’s been 10 years since Alexa von Tobel sold her financial planning startup Learnvest to Northwestern Mutual for $250 million. Since then, von Tobel became Northwestern Mutual’s first chief digital officer, then chief innovation officer, before launching an early-stage venture firm of her own, Inspired Capital, with former U.S. Secretary of Commerce Penny Pritzker. She’s […]It’s been 10 years since Alexa von Tobel sold her financial planning startup Learnvest to Northwestern Mutual for $250 million. Since then, von Tobel became Northwestern Mutual’s first chief digital officer, then chief innovation officer, before launching an early-stage venture firm of her own, Inspired Capital, with former U.S. Secretary of Commerce Penny Pritzker. She’s[#item_full_content]
ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI).ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI).Consumer & Gadgets[#item_full_content]
People turn to the internet to run billions of search queries each year. These range from keeping tabs on world events and celebrities to learning new words and getting DIY help.People turn to the internet to run billions of search queries each year. These range from keeping tabs on world events and celebrities to learning new words and getting DIY help.Internet[#item_full_content]
