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This startup is building AI that can fly drones and make its own decisions

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By Linnea Ahlgren

The debate on how far artificial intelligence can go revolves around questions about what actually constitutes human intelligence, and can a machine function similarly enough to a human brain? While not shooting for AGI, UK-based Stanhope AI is building its models according to neuroscience principles, and using the predictive, hierarchic machinery that make up our brains for inspiration.  The result is an AI that doesn’t need training. It basically just needs to be told that it exists, provided a prior system of beliefs  — and then take off (literally) into the real world and learn from its surroundings using sensors.…

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French competition watchdog fines Google €250M for AI copyright breaches

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By Siôn Geschwindt

Google has been slapped with a €250mn fine for breaching EU intellectual property rules in how it deals with media publishers, including scraping news articles to train its AI models without permission.  The regulator found Google guilty of scraping content from news websites to train its chatbot Bard — now Gemini — without notifying publishers or the authorities. Google also didn’t provide a way for publishers to opt out, blocking them from possibly negotiating fair payment for the use of their stories. The case is part of a five-year quarrel between Google and media publishers over the use of online…

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The future of work looks like sci-fi

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The “Augmented Connected Workforce” is one of Gartner’s Top 10 Strategic Technology Trends for 2024.

Which raises the question: “Wait, what?”

The Augmented Connected Workforce (ACWF) is a concept or a paradigm where advanced technologies are used to give employees what essentially amount to super powers. Specifically, the idea envisions integrating workers with Augmented Reality (AR) glasses, AI tools of every description, wearable sensors, wearable communication tools, IoT, robots, exoskeletons, machine vision and cloud computing.

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Source:: Computer World

Urban mobility leader Cowboy launches Cross, first all-road ebike model

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By Linnea Ahlgren

Have you tried your first ebike yet? Despite being surrounded by them on a daily basis in Amsterdam (only mildly bitter as they whizz past me while I struggle against the notorious always-in-your-face wind resistance), I must confess that I had yet to actually try one until last week, when I attended a demo event for the new Cowboy Cross. As a result, I have nothing to compare it with, and cannot for certain attest to it being the “pinnacle of smart, secure, and versatile cycling,” as marketed by the company. However, it did make for a fun and very…

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Why is Apple so focused on vision AI?

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Denmark’s new Nvidia AI supercomputer will come online this year

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By Linnea Ahlgren

Two of the biggest winners over the past year — chipmaker Nvidia and pharmaceutical drug maker Novo Nordisk — are joining forces to set up one the world’s most advanced AI supercomputers in Denmark.  Named Gefion, after the Norse goddess of ploughing and abundance, and built by Atos Group subsidiary Eviden, it will be based on the Nvidia DGX SuperPod architecture. Gefion will feature over 1,500 of Nvidia’s H100 Tensor Core GPUs and deliver six exaflops of FP8 AI performance. Furthermore, it will connect to the Nvidia Cuda Quantum open-source software platform, which allows for simulations on hybrid quantum-classical computers.…

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Paramount Network Vs. Paramount Plus: What Are The Differences?

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Lava Blaze Curve 5G Review: Awesome Design, Unpolished Cameras

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By Hisan Kidwai

Back image of the Lava Blaze Curve 5g-1

When Lava first re-entered the Indian market, many were skeptical of the brand, considering Chinese smartphones had dominated for over a decade. Fast forward to today, when most Chinese brands are playing in the 20K-30K field, Lava has launched the new Blaze Curve 5G. Surprisingly, the phone not only boasts an amazing design but also…

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This little carbon-sucking machine could crack DAC’s big energy problem

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By Siôn Geschwindt

Direct air capture (DAC) features prominently in the climate plans of many world governments, and has drawn billions of dollars in private investment. And yet, as the costs of the technology remain prohibitively high, some doubt whether we can depend on it at all.  Mission Zero Technologies, a startup based out of the UK, believes we can — but by doing things a little differently. It has developed a modular, carbon-sucking machine that it says is cheaper and more efficient than the contraptions currently under development. The device pulls in air from the atmosphere and passes it over a water-based…

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AI to create a half billion new jobs — here’s why

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While many users see generative artificial intelligence (genAI) technology as automation tools that will eliminate many of today’s jobs, most in the IT industry see it as a generator of knowledge jobs.

That’s because genAI tools such as ChatGPT and Midjourney can help eliminate mundane tasks, freeing up workers to take on more valuable creative roles and be more productive.

GenAI is also expected to “democratize jobs.” That is, the technology will enable employees without computer science degrees to create applications using AI-augmented coding. Already, many companies see that possibility as genAI’s “low-hanging fruit.”

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Source:: Computer World

How To Set Up A Remote Game Streaming Server using Moonlight?

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By Hisan Kidwai

NordVPN

When game streaming platforms like Stadia first launched, they promised a future where people wouldn’t need to invest in a gaming laptop or console and could enjoy games anywhere. While many of these platforms failed miserably, the concept of gaming from any location persisted and gave rise to devices like the PS Portal. However, rather…

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Riddled with debt, Sweden’s Embracer sells Star Wars game maker for $500M

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By Siôn Geschwindt

Swedish gaming company Embracer Group has sold a big chunk of one of its biggest subsidiaries, US-headquartered Saber Interactive, in a deal totalling $500mn.  The buyer is Beacon Interactive, a holding company recently formed by none other than Saber’s own co-founder Matthew Karch. In a letter shared with Bloomberg, Karch said he was buying back the rights to his company and many of its studios because “they represent the best of what Saber is and can be.”  Saber Interactive is currently overseeing the development of 38 games, including Warhammer 40,000: Space Marine 2, John Carpenter’s Toxic Commando, and Jurassic Park:…

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ASML backs €110M Dutch deeptech fund for quantum, semiconductors

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By Linnea Ahlgren

The pride and joy of the Dutch tech ecosystem, ASML, has featured heavily in the news this past couple of weeks, after news broke the government was scrambling to keep the company in the country. However, ASML’s plans to potentially relocate due to difficulty securing talent and infrastructure bottlenecks does not mean it is not still actively supporting the Dutch tech ecosystem. The company has just contributed an undisclosed amount to Eindhoven-based DeepTechXL’s €110mn fund. The VC is  looking to invest in deeptech startups in the fields of quantum technologies, photonics, semiconductors, and other complex mechanical engineering. “DeepTechXL is much…

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Devin AI: Everything You Need To Know About “World’s 1st AI Software Engineer”

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By Hisan Kidwai

cognition labs logo

Artificial Intelligence chatbots have taken the world by storm, be it by allowing individuals to make songs or create images. However, perhaps the best implementation of these chatbots is in the coding/programming industry, where they can potentially streamline time-consuming tasks such as debugging. While platforms like OpenAI’s ChatGPT or Google’s Gemini boast extensive programming capabilities,…

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French MoD taps 5 startups to develop fault-tolerant quantum computer

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By Linnea Ahlgren

Quantum computers have an almost mythical status among data scientists and researchers. The dream of emerging out of the NISQ (noisy intermediate-scale quantum) era into a world of fault-tolerant qubits generating unbreakable encryption or solving climate change keeps many startups going despite difficult investment propositions with longer return horizons. But quantum technologies don’t only inspire wonder and excitement — they are also a growing geopolitical concern. More and more countries are setting up ambitious quantum strategies, and the US has placed export controls on equipment that supports quantum technology development to China. As part of its €1bn National Strategy for…

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‘French scar’ leaves another mark on TikTok’s painful week

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By Thomas Macaulay

TikTok’s rough week in the west went from bad to worse today when Italian authorities slapped the app with a €10mn fine over a viral challenge called the “French scar.” The game invites users to pinch their cheeks until they leave a lasting bruise. It became particularly popular in Italy, which prompted scrutiny from the country’s competition regulator. Following a probe, investigators concluded that TikTok had failed to protect users from “the potentially dangerous” content. The watchdog warned that the French scar threatened the “psycho-physical safety” of users — particularly minors and vulnerable people. “Moreover, this content is systematically re-proposed…

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AI hallucination mitigation: two brains are better than one

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As generative AI (genAI) continues to move into broad use by the public and various enterprises, its adoption is sometimes plagued by errors, copyright infringement issues and outright hallucinations, undermining trust in its accuracy.

One study from Stanford University found genAI makes mistakes when answering legal questions 75% of the time. “For instance,” the study found, “in a task measuring the precedential relationship between two different [court] cases, most LLMs do no better than random guessing.”

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Source:: Computer World

Portable Power Bank Statistics 2024: By Market Share, Region, and Technology

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By Barry Elad

Portable Power bank

Introduction

Portable Power Bank Statistics: As to reports, the market size of portable power banks is expected to reach around $13.87 billion by the end of 2023 and $19.21 billion by the end of 2030. The market growth of portable power banks is increasing due to the increasing adoption of mobile phones and Smartphones. The portable power bank offers high-speed charging with a capacity range of around 10,000mAh to 20,000mAh. In the coming future researchers are expecting that every company of wireless charging power banks will grow enormously.

These Portable Power Statistics include insights from various aspects that provide light on how fast the power bank industry is growing around the world.

(Source: cloudfront.net)

Editor’s Choice

  • According to the reports of Future Market Insights, in 2023 the global market size of the portable power bank is estimated to reach around $16.89 billion.
  • On the other side, by the end of 2033, the industry is going to be $55.34 billion with a CAGR of 12.6% from 2023 to 2033.
  • According to the reports of Global News Wire, the global market share of power banks in 2023 is predicted to be $12.54 billion, which has increased from last year.
  • The global market size of the industry is expected to grow at a CAGR of 6.3% from 2023 to 2031.
  • As of reports, the largest market share in 2023 is going to be accounted for by the Asia Pacific region (65%).
  • According to Statista reports 2023, MAXAOK power banks have the highest battery capacity of 50,000mAh around the world.
  • The highest market value is going to be achieved by the United States with around $8.57 billion at a CAGR of 11.3% from 2023 to 2033.
  • As of reports, in 2023 the leading technology of portable power bank is to emerge as Lithium-ion Battery.
  • The global market size of lithium-ion batteries is supposed to grow around $54.4 billion by 2023.

What is a Portable Power Bank?

Power banks are termed rechargeable batteries or chargers which are placed within a case that provides additional life to the battery when needed for charging smartphones, smart watches, tablets, and computers. They are available in different variations such as slim size, pocket-friendly size, larger size, lower, and higher capacity. According to Vantage market research; 2030 the portable power bank market size is expected to grow up to $26.35 billion by 2030 with a CAGR of 10.20% from 2023 to 2030.

Advantages of Portable Power Bank

  • The portable power banks allow for boosting the device’s battery life as these days people are heavily dependent on smart devices in every field of life.
  • Power banks can be used in Smartphones, smart watches, laptops, desktops, and other electronic devices.
  • This device allows you to stay connected anywhere, and anytime mostly during outdoor adventures and long-distance flights.
  • The significant advantages are compact, lightweight, and easily transported into pockets, handbags, and backpacks.
  • This device enables multiple device charging, high-speed charging, board compatibility, long lifespan, and economical.

Facts on Portable Power Bank

  • According to market research, around 65% of college students chose to purchase portable power banks.
  • These days, multiple power bank manufacturers are working on portable power banks to equip devices with Type-C USB connectivity.
  • The growth factors of the portable power bank industry are due to the increasing demands in the sectors of Smartphones, automobiles, and electronic device manufacturing companies.
  • The category of portable power bank varies in capacity range such as 1,000 MAH to 2,500 MAH; 2,510 MAH to 5,000 MAH; 5,010 MAH to 7500 MAH; 7,510 MAH to 10,000 MAH, and above 10,000 MAH.
  • According to Vantage market research, the popular type of portable power bank is Lithium-ion cells that can be recharged more than 500 times.
  • The best example is the RAVPower Portable Charger External Battery Pack is Qualcomm Quick Charge 3.0 which offers around 20800mAh capacity.

General Statistics

Power Bank Market

(Source: mordorintelligence.com)

  • As of the above graph analysis, the global market share of portable power banks in 2023 is predicted to be $12.54 billion.
  • By the end of 2028, the market share is expected to increase by $18.77 billion with a CAGR of 8.40% from 2023 to 2028.
  • The fastest and largest growing region is the Asia Pacific region and North American region respectively in 2023.
  • The leading players in the industry are Lenovo, Panasonic, Philips, MI, and RealMe.
  • The largest product type segment of the industry is 10001mAh to 20000mAh with a share of more than 80%.
  • The top 5 manufacturers of the global portable power bank are MI, Romoss, Anker, Sunvalley, and Samsung which make a share of more than 10% in the year 2023.

Portable Power Bank Statistics by Country

  • In 2023, the North American region is dominating the overall market share of portable power banks around the world.
  • However, the highest market share is to be attained by China in 2023 and the market value is expected to reach above $14.03 billion with a CAGR of 14.1% between the years 2023 and 2033.
  • The 2nd highest market value is going to be achieved by the United States with around $8.57 billion at a CAGR of 11.3% from 2023 to 2033.
  • The sales in the European region are also flourishing and in the United Kingdom, the market value of the portable power bank industry is going to be $1.44 billion by 2033 at a CAGR of 10.9% during the forecasted year.

Portable Power Bank Statistics by Region

portable-battery-pack-power-banks-market

(Source: coherentmarketinsights.com)

  • As of reports, the largest market share of portable power banks in 2023 is going to be accounted for by the Asia Pacific region resulting in 65%.
  •  Furthermore, other regional shares of this industry are followed by North America (15%), and Europe (15%) respectively.
  • Lastly, the Middle Eastern African and Latin American share of the industry did not increase much around 7% and 4% respectively.

Portable Power Bank Statistics by Technology

  • According to the reports of Grand View Research, the global market size of lithium-ion batteries is supposed to grow around $54.4 billion by 2023.
  • Whereas, the compound annual growth rate from 2024 to 2030 is expected to be 20.3%.

global-market-distribution-of-lithium-ion-battery-makers-between-january-and-august-2023
(Source: statista.com)

  • The above graph describes the global market distribution of lithium-ion battery makers from January to August 2023.
  • The highest percentage of battery makers share was achieved by CATL (36.9%).
  • Furthermore, other distributions of lithium-ion battery makers are followed by BYD (15.9%), LG Energy Solution (14.2%), Panasonic (7.1%), SK On (5.1%), CALB (4.7%), Samsung SDI (4.1%), Gotion High-tech (2.1%), Eve Energy (2.1%), and Sunwoda (1.4%).
  • On the other hand, according to the reports of Industry ARC, the estimated market size is around $6.5 billion by the end of 2027 with a CAGR of 7.1% from 2022 to 2027.
  • According to the Research Nester reports, by the end of 2035 the market size of Nickel Cadmium Batteries is expected to reach $2 billion with a CAGR of 3% from 2023 to 2035.

Portable Power Bank with Battery Capacity

power-banks-with-the-highest-battery-capacity-worldwide-in-2023

(Source: statista.com)

  • As of the above graph analysis, the MAXAOK power banks have the highest battery capacity of 50,000mAh as of September 2023.
  • Furthermore other portable power banks battery capacity are followed by Anker PowerCore+ 26800 (26,800mAh), Anker PowerCore III Elite (25,600mAh), Anker PowerCore (20,100mAh), Omni 20 USB-C (20,000mAh), Muto (20,000mAh), Mophie Powerstation Plus with built-in cables (12,000mAh), and INU (10,000mAh).

Types of Portable Power Banks

  • Goal Zero Flip 24 Power Bank (best portable power banks for hiking purposes).
  • BioLite Charge 80 PD Power Bank (best for backpacking)
  • Goal Zero Yeti 200X Portable Power Station (best for car camping) and Goal Zero Yeti 500X Portable Power Station (best for large group car camping).
  • BioLite BaseCharge 1500 (best for extended trips)
  • EcoFlow DELTA max Portable Power Station (best for emergencies)

Best Portable Power Banks of 2023

UGreen-145W-Power-Bank
(Source: amazon.com)

  • UGreen 145W Power Bank (best power bank for charging tablets and laptops)
  • The battery backup of the charger is 25,000mAh and can charge a laptop at 100W.
  • These chargers include two USB-C ports and one USB-A port.
  • iPhone 14 Plus can be charged at 26W, Z Fold 5 can be charged at 22W, and 96W for laptops.
  • This is available at Amazon which costs around $90 – $150.

Iniu-Portable-Charger
(Source: amazon.com)

  • Iniu Portable Charger (best power bank on a budget used for phones and tablets)
  • The batter backup is around 10,000mAh, and very compact which can be easily carried within pockets.
  • These power banks have 2 normal USB ports and a single USB-C port
  • This is also available at Amazon that costs around $18

Anker-521-Power-Bank
(Source: media.cnn.com)

  • Anker 521 Power Bank ( best portable power banks for phones)
  • The battery backup capacity is 5000mAh available.
  • They include 2 USB-C ports each capable of generating 45W of power.

Conclusion

As of today, after completing the article on Portable Power Bank it has been assumed that the overall market is growing enormously due to the adoption of the huge amount of Smartphones around the world. The portable power banks can charge a Smartphone 3 times more than others. The advanced technology used in such devices has improved the features of super-fast charging capabilities and enables 2 to 3 USB ports for charging multiple devices. This article includes many effective statistics that are described elaborately and hope will help you understand the topic better. 

Source:: Coolest Gadgets

UK looks to nature to train AI at 0.1% of the cost

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By Linnea Ahlgren

Computing power to develop artificial intelligence does not come cheap. While you can build a simple AI chatbot for next to nothing, training a fine-tuned model on large data sets can cost millions of dollars. In order to lower the costs associated with training AI the UK’s Advanced Research and Invention Agency, or ARIA, has launched a programme called Scaling Compute. The initiative is committing £42mn to find new, more economic alternatives to the energy-intensive hardware currently utilised to support the explosion in demand for compute driven by the arrival of generative AI. And it is encouraging funding applicants to…

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Source:: The Next Web

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