Tag: Logistics

Logistics requires young, innovative talent with IT skills to tackle pandemic disruptions. Marital jewelry ownership and REIT benefits are also discussed.

Amazon plans to use AI in its warehouses to improve accuracy. The new system is 3x more effective than manual checking, reducing physical demands on workers while improving efficiency.

AI is revolutionizing how we interact with technology - as Appen has used human labor to teach computers to recognize images and speech, advances in AI are taking away some human jobs. It's important to be aware of the industry investments, as global companies like Microsoft, Google, and Amazon are all benefiting. Munro Partners' Nick Griffin suggests caution in investing in AI, and Appen provides an array of services for machine learning and annotation. Investors should consider a balanced approach.

Shopify, an industry leader in e-commerce solutions, announces difficult layoffs and logistics arm sale to Flexport. Pando, a fulfillment tech startup, raises $30M ($45M total) signaling robust investment in supply chain sector. Tellus, an Andreessen Horowitz-backed fintech, faces US government scrutiny. Index Ventures' Heymann shares his insights on venture capital and metrics. TechCrunch+ offers founders a discounted membership with access to their AI tech news.

Treasury Secretary Janet Yellen, an experienced and renowned American economist, and the former Chair of the US Federal Reserve, is now heading the US Treasury Department and is focused on increasing the debt ceiling. Meanwhile, IBM, one of the leading tech companies in the world, launched solutions to help manage the pandemic logistics and AI-driven tools. As of May 2nd, the Reserve Bank of Australia raised the benchmark interest rate to 3.85%, even though the inflation rate had been decreasing.