There is an experimental type of bow for commercial ships that looks something like this. I think it is supposed to be more efficient somehow. I can’t remember the name and apparently have no Google-Fu skills tonight though.
Anyway, if I had some millions to spend on a yacht I’d sure consider it if they could show me some reliable modeling on how it behaves in the water. A brand new yacht manufacturer attempting something like this is cause for concern though… …as always, anything with “concept” in front of it is often complete nonsense.