Innovation

4457 posts

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ASSA ABLOY Acquires GESI Hospitality to Expand Vingcard's Presence in New York Metropolitan Area

📑 Vingcard, a part of ASSA ABLOY, acquired GESI Hospitality to enhance its presence in the New York metropolitan area. GESI, with over 30 years of experience, has a strong reputation for supporting local hospitality properties. The acquisition, announced in Stockholm, aims to combine GESI's local expertise with Vingcard's technology for improved customer service. GESI's offerings include system installation and customization of access solutions like door locks and mobile keys across New York City and nearby areas.
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Garry Tan's Gstack and Gbrain AI Tools Installed 91,000 Times in 15 Days, Offering Free Virtual Deputy GM Capabilities

💻 Garry Tan, from Y Combinator, introduced Gstack and Gbrain, installed over 91,000 times in the last 15 days. These tools function as an AI chief of staff, integrating with platforms like Slack and Excel. They reclaim hundreds of hours monthly by automating tasks such as emails and spreadsheets. Gstack handles the workload, while Gbrain serves as memory, together acting as a tireless deputy GM. All this is free and requires no coding.
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Human Attention Summit Highlights Human Originality's Role in Storytelling Amid AI's Expanding Technological Possibilities

📰 At the Human Attention Summit, Seth Matlins, filmmaker Darren Aronofsky, and I discussed storytelling in the attention economy. We emphasized human traits, like taste and judgment, amid AI's limitless options. The event, curated by Heather Hartnett, Joe Marchese, and Human Ventures, showcased human connection in a tech-driven world. The summit highlighted AI's role in expanding possibilities while underscoring that human originality remains crucial. Such gatherings exemplify maintaining originality in an AI-powered landscape.
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Investors Shift Focus to AI Agents as Potential Replacements for Booking.com and Expedia in Travel Industry

💵 Last week in Bangkok, the Skift Asia Forum spotlighted a shift in investment towards "OTA 2.0," with VCs betting on AI agents replacing platforms like Booking.com and Expedia. Investors aim to reshape hotel bookings, potentially squeezing independent hotels' margins for another 20 years. However, these hotels seek a simpler approach, akin to "OTA 0.0," focusing on direct guest interactions without intermediaries. Owners must question how much direct demand is at risk of being intermediated again.
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Uber Partners with Expedia to Enable Hotel Bookings in App, Expanding Travel Super-App Ambitions

📊 Google updated Maps with Gemini technology, while Uber partnered with Expedia for hotel bookings, marking a new phase in the travel super-app race. Dara Khosrowshahi, Uber's CEO, highlighted Uber's transformation into a versatile app. Uber's Eats division generated $1.5 billion in advertising revenue in Q1 2025, a 60% increase year-over-year. The profitability of Uber's ride services contrasts with the plateau in Eats commissions, yet both areas offer significant growth opportunities.
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Relex Solutions Report Finds 67% of Leaders Trust AI More in Supply Chains, Yet Only 10% Allow Autonomy

💻 AI-driven software platform Relex Solutions released the State of Supply Chain 2026 report on Thursday. 67% of leaders now trust AI more than last year, yet only 10% allow AI full autonomy; 54% prefer AI recommendations with human decisions. 71% plan to invest in generative AI and 60% in predictive AI within 3-5 years. Retail faces 30% demand fluctuations, while 57% of manufacturers struggle with raw materials. AI helps improve forecasting and supply chain resilience.
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Rakuten Travel Enhances AI Agent with End-to-End Booking Feature to Boost User Experience and Conversion Rates

📱 In September 2025, Rakuten Travel launched a booking feature on Rakuten AI, its conversational agent, extending its capabilities beyond hotel recommendations. Available on its smartphone site and app, the tool enables natural-language searches and booking completion in one interface. Logged-in members benefit from discounts and Rakuten Points. The update aims to streamline the booking process, boosting conversions and retention. Rakuten, with over 70 businesses and 2 billion members globally, continues to enhance AI personalization.
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82% of Airline Bookings Now Processed via NDC Direct Connect with Accelya, Exceeding Industry Average

✈️ 82% of bookings via NDC Direct Connect with Accelya surpass the industry average, signaling a shift from legacy systems. myRiva, founded in 2021 and backed by former leaders from eBay, American Express, Expedia, Microsoft, and BCD, highlights enhanced fare transparency and reduced manual steps. Accelya, serving 200 airlines, processes over 30 billion offers daily and settles over $100 billion yearly, accounting for more than 50% of global NDC volumes.
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Transavia France and Kolet Partner to Offer Free 1GB eSIM Data for Two Days on Arrival

📶 Transavia France partners with Kolet to offer free two-day eSIM data (1GB) on arrival in over 190 destinations. Starting May 2026, this initiative aims to simplify connectivity for international travelers without swapping SIM cards. Subsequent data top-ups are available via the Kolet app, purchasable with Flying Blue Miles. This collaboration addresses travel stress linked to connectivity, with 90% of air passengers experiencing anxiety. Kolet, founded in 2024, extends its B2B2C strategy with this partnership.
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