Latest news with #JeffreyLi
Time of India
3 days ago
- Business
- Time of India
The AI startup dilemma: To pivot or perish
Academy Empower your mind, elevate your skills In the last few weeks, four Indian AI startups have announced that they are shutting in the face of challenges such as scaling up, raising funds and pivoting as technology shifts rapidly. This includes two Y-Combinator companies Wuri and CodeParrot as well as and This is not unusual in the world of startups. According to the US Bureau of Labor Statistics, more than 50% of the startups fail within five unlike the previous cycles, beyond operational challenges, these closures are coming amid rapid technological development in artificial intelligence.'Startups are shutting down quicker compared to before,' said a Bengaluru-based investor. Unlike previous technology cycles during which founders could continue running businesses for longer until they found the right fit, many now realize it's better to shut down and start afresh than burn money. AI startups for instance are being rendered obsolete, Tencent Investments managing partner Jeffrey Li told a recent in point, the sheer number of AI tools that are going out of the market. AI tool aggregation platform said that of the 4,956 added, 1,301 have been terminated. In 2025, 227 AI tools ceased operations. In order to win in the age of AI, startups should pivot fast as the technology becomes more commoditised, experts said. While technology is important, it's key to focus on the problem that's to be solved.'Right now is a very difficult time to be a founder because the developments are happening at such a rapid pace,' said Akshay Megharaj, founder of Wuri. People always seek inspiration from past experience, which is not possible due to the sheer nature of how the technology is developing, he said.'As much as artificial intelligence has made it easy to build products, the rapidly evolving technology is also making it challenging for startups to have a right to win,' said Naman Maheshwari, co-founder, Tune AI, an orchestration platform that closed recently. This means that companies need to pivot and fast, to stay more than anything, is a primary moat in the world of AI, said Sanjay Nath, co-founder and partner, Blume Ventures. He explained that even if a startup has a great product, if they don't keep pace with technology, they will be left behind by competitors, who may have 20% inferior product but execute 50% said, 'A large percentage of companies that we back at seed end up pivoting, and the ones that are agile and keep evolving are the ones that are likely to succeed in this crazy, fast-flowing environment.'The key is to find the right problem to build enduring companies, startups need to solve fundamental issues in the areas of healthcare, climate and sustainability, Google country manager Preeti Lobana said at the recently concluded Google I/O event in Bengaluru. A Bengaluru-based investor said, 'For most startups, AI is mostly an add-on. They need to ask themselves this question — are you solving a problem even if you take AI out of the equation.'
Fibre2Fashion
12-06-2025
- Business
- Fibre2Fashion
Trinseo launches LIGOS A9615 for film labels in Southeast Asia
Trinseo (NYSE: TSE), a specialty materials solutions provider, introduces LIGOS A9615, an innovative general-purpose adhesive specifically designed for film labels. Building on decades of expertise in adhesive development, LIGOS A9615, is a new acrylic product tailored for the GPL (General Purpose Label) market and designed with unique, in-demand features that enhance a wide range of performance attributes. Trinseo has launched LIGOS A9615, a new acrylic adhesive for general-purpose film labels, targeting Southeast Asia. Designed for strong adhesion, it offers aging and plasticiser resistance, clean removability, and repositioning easeâ€'ideal for curved PVC surfaces and varied consumer goods packaging needs. The product is now available for purchase. Key benefits of LIGOS A9615 include: Aging Resistance: Ensures lasting adhesion without degradation over time. Excellent cohesion: Facilitates easy label removability while maintaining repositioning capabilities. Plasticizer Resistance: Enhances the adhesion performance on PVC films, allowing film labels to adapt seamlessly to various curved plastic surfaces. Targeting the Southeast Asian market, LIGOS A9615 is ideal for a broad array of applications, including consumer goods and packaging. "We are excited to introduce LIGOS A9615 to the Southeast Asian market," said Jeffrey Li, Marketing and Product Manager, Latex Binders at Trinseo . "This product not only combines strong adhesion with the ability to reposition and remove labels cleanly, but its plasticizer resistance also ensures that labels can conform to various surfaces, meeting the diverse needs of our customers." LIGOS A9615 is now available for purchase, ready to enhance labeling solutions across multiple industries. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
Yahoo
09-06-2025
- Business
- Yahoo
Trinseo Unveils New Adhesive Specifically Designed for Film Labels in Southeast Asia
Specially formulated plasticizer resistance enhances fit and adhesion on challenging shapes SHANGHAI, June 9, 2025 /PRNewswire/ -- Trinseo (NYSE: TSE), a specialty materials solutions provider, introduces LIGOSTM A9615, an innovative general-purpose adhesive specifically designed for film labels. Building on decades of expertise in adhesive development, LIGOSTM A9615, is a new acrylic product tailored for the GPL (General Purpose Label) market and designed with unique, in-demand features that enhance a wide range of performance attributes. Key benefits of LIGOSTM A9615 include: Aging Resistance: Ensures lasting adhesion without degradation over time. Excellent cohesion: Facilitates easy label removability while maintaining repositioning capabilities. Plasticizer Resistance: Enhances the adhesion performance on PVC films, allowing film labels to adapt seamlessly to various curved plastic surfaces. Targeting the Southeast Asian market, LIGOSTM A9615 is ideal for a broad array of applications, including consumer goods and packaging. "We are excited to introduce LIGOSTM A9615 to the Southeast Asian market," said Jeffrey Li, Marketing and Product Manager, Latex Binders at Trinseo. "This product not only combines strong adhesion with the ability to reposition and remove labels cleanly, but its plasticizer resistance also ensures that labels can conform to various surfaces, meeting the diverse needs of our customers." LIGOSTM A9615 is now available for purchase, ready to enhance labeling solutions across multiple industries. For more information about LIGOSTM A9615 and Trinseo's innovative product offerings, please visit About Trinseo Trinseo (NYSE: TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably focused manner by combining its premier expertise, forward-looking innovations, and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers' unique challenges in a wide range of industries, including building and construction, consumer goods, medical and mobility. Trinseo's employees bring endless creativity to reimagining the possibilities with clients all over the world from the company's locations in North America, Europe, and Asia Pacific. Trinseo reported net sales of approximately $3.5 billion in 2024. Discover more by visiting and connecting with Trinseo on LinkedIn, Twitter, Facebook and WeChat. Cautionary Note on Forward-Looking Statements This press release may contain forward-looking statements including, without limitation, statements concerning plans, objectives, goals, projections, forecasts, strategies, future events or performance, and underlying assumptions and other statements, which are not statements of historical facts or guarantees or assurances of future performance. Forward-looking statements may be identified by the use of words like "expect," "anticipate," "believe," "intend," "forecast," "estimate," "see," "outlook," "will," "may," "might," "potential," "likely," "target," "plan," "contemplate," "seek," "attempt," "should," "could," "would," or expressions of similar meaning. Forward-looking statements reflect management's evaluation of information currently available and are based on our current expectations and assumptions regarding our business, the economy, our current indebtedness, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Factors that might cause future results to differ from those expressed by the forward-looking statements include, but are not limited to, conditions in the global economy and capital markets, including recessionary conditions and the impact of tariffs on global trade relations; our ability to successfully generate cost savings through restructuring and cost reduction initiatives; our ability to successfully execute our business and transformation strategy; increased costs or disruption in the supply of raw materials; deterioration of our credit profile limiting our access to commercial credit; increased energy costs; the timing of, and our ability to complete, a sale of our interest in Americas Styrenics; compliance with laws and regulations impacting our business; any disruptions in production at our chemical manufacturing facilities, including those resulting from accidental spills or discharges; our current and future levels of indebtedness and our ability to service, repay or refinance our indebtedness; our ability to meet the covenants under our existing indebtedness; our ability to generate cash flows from operations and achieve our forecasted cash flows; and those discussed in our Annual Report on Form 10-K, under Part I, Item 1A —"Risk Factors" and elsewhere in our other reports, filings and furnishings made with the U.S. Securities and Exchange Commission from time to time. As a result of these or other factors, our actual results, performance or achievements may differ materially from those contemplated by the forward-looking statements. Therefore, we caution you against relying on any of these forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. View original content: SOURCE Trinseo Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
