Fashion Institute of Technology

Generative AI could become a game-changer for the fashion industry, adding between US$150 and US$250 billion to operating profits within three to five years. While the fashion sector has only started integrating AI, the opportunities and challenges it presents are evident across all business processes.

A US-headquartered startup that’s harnessing nature’s blueprints for function and colour to create regenerative fibres that plug and play in today’s fashion industry, has announced a $3.7M seed funding to develop the company’s first product — biodegradable protein fibres.