How Artificial Intelligence Catalyzes Innovation in the Chemical Industry
In a survey by IBM, more than 80% of chemical industry executives said they believe that artificial intelligence will immensely impact their business within the next three years. AI (Artificial Intelligence) is rapidly becoming an indispensable component of the chemical industry. The global AI in the chemical market is expected to be worth around $16.94 […]
7 Trends Driving a Sustainable Future in Textile
The textile industry releases 1.7 million tons of CO2 annually, making up 10% of the world’s greenhouse gas emissions. Clothing and textile waste is taking at least 7% of the global landscape space. This has become a primary environmental concern. Rising consumer awareness and government pressure have prompted companies in this domain to research sustainable […]
4 Phases of Successful Patent Acquisition Strategy
The strategic patent acquisition has proven to be a game-changing move for those seeking to safeguard their innovations, enhance their market standing, and potentially increase revenue. Nortel’s bankruptcy in 2009 led to a consortium of tech giants, including Apple and Microsoft, shelling out $4.5 billion in 2011 to secure its 6,000-strong patent portfolio. Google’s 2012 […]
What does Microsoft’s acquisition of Activision Blizzard’s huge IP Portfolio mean for you?
On October 13th, 2023, Microsoft officially closed its acquisition of video game developer Activision Blizzard King, nearly 21 months after announcing it. Here are some highlights of this deal that make it worth mentioning. Cloud gaming is the future of the gaming sector, and currently, Microsoft has 60-70% of the cloud gaming market. The announcement […]
Power of Artificial Intelligence in the Textile Industry
The recent stats suggest that AI’s integration into the global fashion market is expected to reach 4.4 billion USD by 2027! As AI helps tackle industry challenges like accuracy and precision, such growth reflects the sector’s profound impact on AI. This study discusses the recent developments in AI-integrated textiles and their impact on the textile […]
Detecting Pests in Agriculture using Artificial Intelligence
According to a United Nations report, up to 40% of yearly global crop production is lost to pests. Plant diseases cost the world economy over $220 billion and pests approximately $70 billion. These devastating losses exacerbate farmers’ hardships and cause scarcity of high-quality food. Fortunately, artificial intelligence proves to be a powerful ally for effective […]
The Emergence of AI in Pollination Management: A Paradigm Shift in Agriculture
Market research indicates that artificial intelligence in agriculture will be worth about $4.7 billion by 2028. The AI-based autonomous farming industry is booming, with approximately 200 agricultural startups hailing from the US alone! Pollination is critical to the life cycle of many crops. But the declining populations of natural pollinators, like bees, is a growing […]
Insider’s Guide: How to Profit from the Solid-State Battery Patent Buying Data?
Toyota has made a significant claim about a “technological breakthrough” that could enable the Japanese automaker to halve solid-state batteries (SSB)’ size, weight, and production cost. The news took the battery industry by storm, and holding the most patents in this domain, there is no doubt that this Japanese player would dominate the market. However, […]
Top 10 Medical Device Startups to Track in 2024
The global medical device industry will reportedly be worth $801.4 billion by 2031! According to Statista, there are an estimated 2 million different kinds of medical devices on the world market. BMI research estimates that about 5,500 active companies operate in this sector, 4,465 of which are based in the United States. Having so many […]
Lookout for these 4 AI-assisted healthcare innovators in 2024
According to Statistica, the global AI healthcare market is estimated to reach $187.95 billion by 2030. This indicates that AI’s use in disease detection and treatment is bound to increase multifold. To stay ahead in the industry and optimize patient care, healthcare providers must prioritize the integration of AI into their product development. To do […]
5 Game-Changing Innovations for Canine Type-1 Diabetes Care
The current approach to managing diabetes in dogs involves administering regular insulin injections to stabilize blood sugar levels. This treatment plan is customized to each dog’s unique needs, with glucose curves and fructosamine tests used to monitor glucose levels and track progress. While consistent glycemic control can be challenging, new insulin formulations and delivery methods, […]
10 Smart tire companies making transportation safe and sustainable
Amidst the transformative AI landscape and 5G connectivity in vehicles, smart tires have emerged as the undisputed vanguard. This shift is largely attributed to their ability to maximize fuel efficiency and reduce carbon emissions. Resultantly, the global smart tire market is expected to reach USD 200 Billion by the end of 2033, experiencing remarkable growth […]
Top 30 Self Driving Technology and Car Companies
A remarkable amount of progress has been made in the Autonomous Vehicle market each year, underscoring the industry’s unwavering commitment to innovation. In 2022, the estimated value of the worldwide autonomous vehicle market was approximately USD 121.78 billion. Forecasts suggest that this market is set to reach roughly USD 2,353.93 billion by 2032, with a […]
GreyB identifies three technologies that will enable 6G
With the IoT devices projected to surpass 24 billion by 2025, the importance of enhanced connectivity has never been more evident. This is where 6G emerges as the zenith. With speeds 100 times faster than 5G and significantly reduced latency, 6G offers significant improvements. Its expanded data capacity and heightened connection density are critical for handling […]
Patent Litigation Funding: 8 Mistakes you can’t afford to make
This year, Colibri Heart Valve, a medical device start-up, went into a legal battle against the industry giant Medtronic CoreValve. This case not only earned its place among the top US patent awards of the first quarter of 2023 but also put a litigation funder – Burford Capital, in the forefront. The litigation funding from […]
Artificial intelligence and machine learning in agriculture: 10 startups to watch
The global population is set to hit 9.8 billion by 2050, demanding around 14,886 million tons of World cereal equivalent (CE) food. Astoundingly, up to 40 percent of global crop production is annually lost to pest-related issues. This highlights the urgency of rethinking agricultural practices to improve yields and meet the rising food requirements. The […]