Nvidia is the clear—and most obvious—beneficiary from the AI buildout but there are two other companies that are less well known to investors that should equally benefit in the year ahead.
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World Economic Forum (October 7, 2023) – This week’s top stories of the week include:
0:15 Start-up turns trees destined for landfills into products – Every year, US cities lose 36 million trees. They succumb to old age or disease or are felled to make space for development Much of this wood could be made into useful products but instead it’s turned into woodchips or used as firewood and 12 million tonnes end up in US landfills each year. To prevent this, Cambium Carbon partners with sawmills, arborists, and manufacturers to build local, circular supply chains. Wood destined for landfill is diverted and upcycled into siding, flooring, furniture and more. Cambium calls its product ‘Carbon Smart Wood’.
1:55 These solar panels work even on snowy days – A new coating causes snow to slide off panels ensuring they can generate power all year round. The coating was developed by a team at the University of Toledo. It can be easily retrofitted to existing equipment.
3:28 US women pay billions more for healthcare than men – Researchers at Deloitte analyzed data on 16 million workers with health coverage. They found women spend $15.4 billion more every year on healthcare than men,. That works out to a premium of $266 for the average womanor around 18% more than men. This discrepancy exists for all women of working age.
4:57 French supermarket launches packaging return scheme – Customers in 100 Carrefour stores can buy products in reusable packaging. They pay a small deposit which is refunded when they drop the empty packaging back at the store. This system is called Loop. It’s the brainchild of waste management firm TerraCycle
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