The Spider bike concept is designed by Zviad Tsikolia for Tsikolia Design R&D Ltd. The concept bike would be built using techniques form the aircraft manufacturing industry. Mostly that tech appears to be in the form of lots of square aluminum tubes.
The bike looks like a cross between a mountain bike and a road-racing bike with the fenders from that red bicycle that Peewee Herman road around. The thing has front and rear suspension and the spokes are angled to look like the legs of a spider.
The chain guides are stamped together using a cold process and the aluminum tubes are welded together. The thing looks heavy, but presumably, with an all aluminum construction it's rather light.