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AI Boosts Shein, Becoming the Biggest 'Environmental Adversary' in Fast Fashion

In 2023, the influence of fast fashion giant Shein has spread globally. Thousands of flights rapidly deliver its ultra-low-priced clothing from suppliers to tens of millions of customers, with '#sheinhaul' videos going viral on social media, attracting billions of views. However, behind this apparent prosperity lies a significant issue regarding environmental sustainability. Shein utilizes proprietary machine learning applications to monitor customer preferences in real-time and predict demand, satisfying these needs through an ultra-fast supply chain.

15.1k 5 days ago
AI Boosts Shein, Becoming the Biggest 'Environmental Adversary' in Fast Fashion

OpenAI's Valuation Soars, Becoming the Third Most Valuable Startup in the World

OpenAI's valuation is expected to soar to $80 billion, ranking third among global startups. It surpasses fintech company Stripe and fashion brand Shein, only behind ByteDance's TikTok and Elon Musk's SpaceX. Microsoft holds a 49% stake in OpenAI, demonstrating confidence in its potential.

6.7k 5 hours ago
OpenAI's Valuation Soars, Becoming the Third Most Valuable Startup in the World
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