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Fairmat raises $35 million to recycle carbon fiber composite into a new material

TechCrunch

While the startup can’t disclose the names behind its 30 contracts, you will soon find sporting goods, audio products and furniture made with Fairmat Quest. By 2025, Fairmat hopes that it will work with 400 people. Eventually, 100 robots will handle up to 3,500 metric tons of scrap per year.

Sport 227
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Metaverse: The time for CIOs to experiment is now

CIO

Goldman Sachs sees potential for the metaverse to grow into a US$8 trillion market by 2025. Historically, the primary focus for sports organizaitons has been on the 1% of fans that physically come inside the arena. Morgan Stanley and Bank of America are also bullish on the metaverse’s prospects. Emerging Technology

VR 359
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Gingko Bioworks, valued at $15B, begins trading today: Here’s how their business works

TechCrunch

The imagery is clearly sporting Jurassic Park themes, as MIT Tech Review’s Antonio Regalado pointed out. The decor also sports a company motto: “Grow everything.” Based on fees alone, Kelly projects Gingko will break even by 2024 or 2025. . The exterior of the NYSE is decked out in Gingko decor.

Biotech 258
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Building an Experience-driven Contact Center

CIO

Packed sports arenas. Gartner predicts that by 2025 , the average organization will be exploiting the benefits of this ecosystem approach to create better customer and employee experiences. . All-inclusive vacations. Personalized tours. These are the kinds of experiences that engage us, excite us, and leave us feeling satisfied.

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Top 7 Gaming Trends and Technologies in 2024

Openxcell

Esports (Image Note: Create a similar image) As you can see above, 318 million people will be fans of esports by 2025, with a CAGR of +8.1% (2020-2025). The total audience will exceed 640 million by 2025. A game development company can help you integrate this universal 3D platform into your game.

Games 52
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The Station: Tier buys Spin, Waymo gets to charge for robotaxi, and Tesla needs a Tim Cook

TechCrunch

Ford is increasing its electric vehicle investment to $50 billion through 2026, up from $30 billion by 2025. Polestar unveiled its latest EV idea: the Polestar O2 convertible concept , a four-door sports car with an integrated drone so drivers can film themselves for the ‘gram.

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The Station: Cruise loses its head, Nio brings AR in the car, and Rivian expands to Georgia

TechCrunch

Abigail Bassett gives her first impressions of the 2022 Porsche Taycan GTS Sport Turismo. Lightyear , a company developing a long distance solar car, signed an agreement with Car-as-a-Service company LeasePlan to reserve 5,000 of Lightyear’s second model to offer on its platform by 2025. Electric vehicles.