How Augmented Reality is Changing the Way People Eat
Lyron Bentovim, CEO and President of The Glimpse Group, discusses how augmented reality will change the way people dine out. The Glimpse Group is designed to cultivate entrepreneurs in the virtual reality and augmented reality industry.
The Glimpse Group's KaBaQ technology allows diners to see the food on their plate before it's actually there. Bentovim says restaurants using the technology have seen dessert sales go up 34%.
Additionally, Bentovim is excited about the future of virtual reality and augmented reality, thanks to the technology now readily available on every smartphone. According to Bentovim, Apple is leading the way in augmented reality.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.