Embedded Finance Becomes More Popular Across Industries

Global firms such as Amazon, IKEA, Mercedes-Benz and Walmart are cutting out traditional financial institutions in favor of financial technology, or “fintech” — startups offering everything from banking and credit to insurance. Embedded finance, a term for companies integrating software to offer services like “buy now pay later” at check out, are poised to disrupt the status quo, according to Reuters, which reports that while “banks are still behind most of the transactions,” analysts are warning that as they “get pushed further away from the front end of the finance chain” they’ll be frozen out of lucrative consumer data mining. Continue reading Embedded Finance Becomes More Popular Across Industries

Pandemic Is Accelerating the Adoption of Augmented Reality

The COVID-19 pandemic is driving increased demand for augmented reality at some companies, including Mercedes-Benz and L’Oréal (whose brands include Lancôme, Kiehl’s and Maybelline New York), in the last year. L’Oréal chief digital officer Lubomira Rochet stated that, “we saw the appetite, it grew and it’s our responsibility now to continue to innovate.” That company has debuted a number of AR projects for employees and customers in the last few months. One uses ModiFace AR to connect consumers with beauty advisers. Continue reading Pandemic Is Accelerating the Adoption of Augmented Reality

CES: Seoul Robotics, Mobileye Enable Lidar for Smart Cities

During the all-digital CES 2021, lidar (light detection and ranging) technology was presented as a key tool for building autonomous vehicles, smart homes and infrastructure for smart cities. Lidar, which senses what an object is based on its shape, first appeared in the 1970s but, up until now, has been too expensive and complicated for broad industrial use. Seoul Robotics, Intel’s Mobileye and Blickfeld were among the companies at CES showcasing real-world lidar applications. Lidar is predicted to triple to an almost $3 billion market by 2025. Continue reading CES: Seoul Robotics, Mobileye Enable Lidar for Smart Cities

CES: Snapshot of All-Digital Show’s Announcements, Trends

CES 2021 concluded last week in the wake of a challenging year marked by political unrest, social upheaval and a global pandemic that continues to impact our personal and professional lives. And much like all that we’re juggling in our current COVID world, the all-digital format of this year’s CES presented a number of unique challenges, most notably how to determine which products and services are most relevant to an M&E audience without the benefit of interacting up close in person. We’re still working our way through information from nearly 2,000 companies and will continue to report our findings on ETCentric. In the coming weeks, ETC will also publish a comprehensive overview of the show with a focus on four dynamic themes, rather than trends: Adaptation, Change, Snapback and Opportunity. In the meanwhile, we provide this snapshot of some of the key products, technologies, trends and announcements. Continue reading CES: Snapshot of All-Digital Show’s Announcements, Trends

Nvidia, Mercedes-Benz Build AI-Powered Self-Driving System

Nvidia and Mercedes-Benz collaborated on an AI-enabled in-vehicle computing system, powered by Nvidia’s Drive AGX Orin and set to launch in 2024. The new system will be able to automate driving of regular routes and, via an over-the-air-in-car system, allow drivers to download in-car safety, convenience, entertainment and subscription apps and services. Drive AGX Orin relies on a system-on-chip built of 17 billion transistors that integrates with Nvidia’s graphics chip architecture and Hercules cores. Continue reading Nvidia, Mercedes-Benz Build AI-Powered Self-Driving System

CES: Daimler, Cameron Unveil Avatar-Inspired Concept Car

At Daimler’s keynote address at CES 2020, filmmaker James Cameron unveiled concept art, including Pandora’s future world, for his upcoming feature “Avatar 2,” sequel to his 2009 sci-fi blockbuster. On stage, he joined Daimler AG chair Ola Källenius, who introduced a Mercedes-Benz, dubbed Vision AVTR, inspired by “Avatar” and designed in collaboration with Cameron. The two described their design work, which includes many sustainability features. Disney is slated to release “Avatar 2” on December 17, 2021, with three more “Avatar” films in 2023, 2025 and 2027. Continue reading CES: Daimler, Cameron Unveil Avatar-Inspired Concept Car

CES 2020: Early Days of AI Assistants Challenge Adoption

Moderated by Digital Trends editor-in-chief Jeremy Kaplan, a CES panel of three experts discussed the evolution of digital assistants, embedded both in devices and humanoid robots. Front Porch president Kari Olson, who is also chief innovation & technology officer, noted that, “at this point in time, we’re all toddlers” when it comes to our understanding of how to interact with digital assistants. Her company has created “possibility rooms” that enable consumers to test out devices embedded with AI assistants. Continue reading CES 2020: Early Days of AI Assistants Challenge Adoption

CES 2020: Conference Sessions Cover Big Ideas and Details

More than 300 conference sessions and 1,100 speakers across 22 different tracks offer first-person insight into the universe of topics to be featured at CES 2020 this week in Las Vegas. As the world’s largest showcase of tech innovation, CES gathers leaders and experts to share the latest developments in products and policies. This year’s lineup of SuperSessions captures the zeitgeist of the market as it advances from an imagined future to real issues, opportunities and challenges. ETC will report on many of the sessions most relevant to media and entertainment. Continue reading CES 2020: Conference Sessions Cover Big Ideas and Details

The Human Interface: What We Expect From AI at CES 2020

We’re not going to lie: the annual “heads up CES” piece on artificial intelligence is a major exercise in hit or miss. This is because technology rarely evolves on an annual time scale, and certainly not advanced technology like AI. Yet, here we are once again. Sure, 2019 was as fruitful as it gets in the AI research community. The raw debate between Neural Networks Extremists (those pushing for an “all neural nets all the time” approach to intelligence) and the Fanatical Symbolists (those advocating a more hybrid approach between knowledge bases, expert systems and neural nets) took an ugly “Mean Girl” turn, with two of the titans of the field (Gary Marcus and Yann LeCun) trading real insults on Twitter just a few days ago.  Continue reading The Human Interface: What We Expect From AI at CES 2020

Amazon Has Growing Problem of Third-Party Counterfeiters

In the “risk factors” section of its annual report, e-commerce leader Amazon listed counterfeit products, stating that the company may be “unable to prevent sellers in our stores or through other stores from selling unlawful, counterfeit, pirated, or stolen goods, selling goods in an unlawful or unethical manner … or otherwise violating our policies.” This is a first for the tech giant, which had never discussed the ongoing problem. In principle, it has a “zero tolerance” policy but the site is full of merchants selling knockoffs. Continue reading Amazon Has Growing Problem of Third-Party Counterfeiters

Computer-Generated Photoreal Influencers, Avatars Are Here

Computer-generated influencers have arrived. The glamorous all-digital Miquela Sousa (also known as Lil Mequela), which was created by Los Angeles-based startup Brud, has been the star of an Ugg advertising campaign, appearing on billboards around the world. Brud believes it can create CGI social media stars that are easier to manage and monetize than human celebrities. It’s not alone in its efforts; Soul Machines, which has debuted dozens of digital humans, is launching its Digital DNA platform to make it easier to create virtual avatars. Continue reading Computer-Generated Photoreal Influencers, Avatars Are Here

Google Demos Android-Powered Vehicle Infotainment System

Google is demonstrating an Android-powered touchscreen car console and infotainment system, offering Google Maps and Spotify as well as controlling seat positioning and temperature. For the first time, Google Assistant is integrated in the system, allowing users to ask for directions and make phone calls. The Android operating system will be demonstrated running on the Audi Q8 and Volvo V90 SUVs at this week’s Google I/O developers conference. Earlier this year, Google showed the software on a Chrysler vehicle. Continue reading Google Demos Android-Powered Vehicle Infotainment System

California DMV’s Report on Self-Driving Cars Shows Progress

The California Department of Motor Vehicles released its annual report from the 11 companies with state permits to test autonomous vehicles as of end of 2015, and they have all made rapid progress. The report, which covers December 2015 to November 2016, recounts how many times humans had to take over driving tasks. Google and General Motors in particular have excelled, with cars that can drive hundreds of miles at a stretch without a hitch. Nissan has gone from needing intervention every 14 miles — to assistance needed after 247 miles. Continue reading California DMV’s Report on Self-Driving Cars Shows Progress

Microsoft Brings Cortana to Nissan, Amazon Signs Ford Deal

Nissan CEO Carlos Ghosn delivered a CES keynote that addressed the company’s goal to integrate Microsoft tech into its automobiles. Nissan’s connected vehicles will use Microsoft programs including the Cortana voice assistant, Dynamics, Office 365, Power BI and Skype for Business. Microsoft is launching a new Connected Vehicle Platform based on its Azure cloud platform, and the Renault-Nissan alliance will be the first automotive partner for the tech giant’s new initiative. The move comes during increased competition in automotive tech; Amazon, for example, is looking to get its virtual assistant Alexa into cars and just announced a deal with Ford. Continue reading Microsoft Brings Cortana to Nissan, Amazon Signs Ford Deal

How to Navigate 2.5 Million Square Feet of CES Exhibit Space

Celebrating its 50th anniversary, CES opens in Las Vegas this week with 3,800 companies showcasing their latest products across almost 2.5 million square feet of exhibit space. Broad but logical thematic lines distribute the exhibits across three venues: Tech East at the Las Vegas Convention Center (LVCC), Tech West at the Sands and Venetian Complex, and Tech South at the Aria. Fifty years after 117 exhibitors dazzled 17,000 visitors with transistor radios and small-screen televisions, CES presents itself as the place “where tomorrow is on display.”  Continue reading How to Navigate 2.5 Million Square Feet of CES Exhibit Space