The Week In Facts n°61
Summary:
Mobility: Meet the Company Building AI Fighter Jets for the U.S. Military
Kratos Defense and Security Solutions, the creator of the unmanned XQ-58A "Valkyrie" fighter jet, exemplifies the integration of AI in defense.
The Valkyrie, an experimental stealth fighter, flew alongside US Air Force planes recently. With nearly 60% of new generative AI jobs based in California's Bay Area, Kratos' collaboration with AI developer Shield AI aims to enhance Valkyrie's capabilities and contribute affordable AI solutions to the military.
The partnership underscores the importance of AI in shaping future battlegrounds, balancing crewed and uncrewed missions for cost-effective advancements in the defense sector.?
Digital Product Passport: Sustainable Batteries Regulation published in Official Journal
The EU's latest battery regulation encompasses all battery types in the market, ensuring responsible sourcing and addressing social, environmental risks. Stricter recycling targets and enhanced design for easy consumer replacement are set. From 2025, companies must implement due diligence policies, while portable batteries require easy removal by Feb 2027.
All batteries must sport "CE marks" and specific labels from Aug 2024. Recycled content quotas will be met by 2036. A digital passport for larger batteries, carbon intensity class labels, and a coherent EPR framework are introduced. Industry players should prepare for swift compliance with this broad-reaching regulation.
NFT: Bolero 'Song Shares' Paints Bright Future for Future of NFT-fueled Music
Bolero, a French start-up, is championing Web3 music with its "Song Share" concept. Fans gain micro-ownership in an artist's music, earning a cut of royalties. French rapper Rilès' track "Brothers" generated a 9.2% ROI over a year, validating post-release song investments.
Techno DJ Agoria's NFT event further showcased potential; his newly composed song's royalties were shared among collectors, reshaping music distribution. The model, where artists typically share 5-15% rights, seems promising for the music industry's evolution. Bolero's innovation marks a significant stride in aligning music with the decentralized era.?
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Luxury: Leonardo da Vinci’s ‘Salvator Mundi’ to be Minted as an NFT, But Does It Make Sense?
Renowned artworks like Mona Lisa, Starry Night, The Thinker, and Nympheas are part of a groundbreaking NFT collaboration. The world's priciest painting, Salvator Mundi, will join as an NFT via ElmonX and Bridgeman Images.
The merge of traditional art with blockchain's potential raises intrigue. Although the NFT isn't tied to the physical painting, it's a milestone in harmonizing art and tech. While the NFT market shifts, intentional applications like this signify a new chapter, emphasizing the meaningful fusion of digital innovation and timeless artistry.
AI: Major US Cities Dominate AI Job Market, Leaving Others Behind: Report
A Brookings Institution report underscores the concentration of AI development jobs in a handful of U.S. cities, notably San Francisco, San Jose, New York, Los Angeles, Boston, and Seattle, with around 47% of such roles located there. While these cities flourish, the "tech desert" risk in other areas is highlighted.
The July 2023 study emphasizes the need for intentional investment from federal authorities to promote wider AI prosperity across the nation. Brookings suggests strategies including expanded R&D distribution, emphasis on inclusive datasets, and involvement of the federal government to counter excessive AI sector concentration.?
Fashion: You Can Try On Copenhagen Fashion Week's Latest Styles in the Metaverse
Copenhagen Fashion Week collaborates with luxury mobile style game Drest, enabling fans to engage with daily in-game challenges. Users can style avatars with streetwear outfits, exploring front-row vibes and renowned photographers' styles. Nordic brands like Ganni, Remain, Cecilie Bahnsen, and Stine Goya shine through brand storytelling and Danish backdrops.
Sustainability-focused brands contribute to the appeal. Drest's CEO Lucy Yeomans highlights the connection with purpose-led brands. While not Web3-enabled currently, Drest's $38.2 million funding boost suggests a move towards the metaverse. The evolution aims for user interaction, avatar customization, and enhanced social elements, bridging Web2 and Web3.