Here’s a summary of the latest technology, innovation and financial news.
Fake people are starting to appear on the internet. The New York Times has created its own AI system to understand how easy it is to create a fake face. This is also a beautifully animated interactive media.
DataRobot, a Boston-based startup developing an AI development platform designed for corporate customers, has raised $ 270 million. The stock round rates the company at over $ 2.7 billion.
The DataRobots suite is a portable architecture that runs as a cloud platform, on-premises data center, or as a fully managed service. This allows customers to prepare data and create and validate machine learning models such as classification, advanced regression, time series, and deep learning algorithms. Once deployed, customers can monitor their models from a single dashboard, test, run, and maintain their models to optimize decision-making outcomes.
Autodesk has acquired Oslo-based Spacemaker for $ 240 million to help city planning with AI. Autodesk CEO Andrew Anagnost said he believes the underlying technology of the startup will help drive AI development across the company. Michelle Cotting invested in Spacemaker last year and explained on Twitter about investing in this thread.
.. @spacemaker_ai was acquired by @autodesk for $ 240 million. Last year we invested in their Series A and Hrvard, and his team has grown this product-led company into world-class software for architects. Construction is eating software. Or vice versa. thread. https://t.co/BjTQCuqdWu
-Michiel Kotting (mkotting) November 17, 2020
The building sector makes relatively little use of computerization and automation, but it’s starting to change. Canvasis is a company that uses drywall robots to enter construction sites.
Canvas is part of the construction technology boom, says Alex Schleier, director of the University of Massachusetts Amherst’s architecture and construction technology program. He states that some of the greatest advances have been made in building prefabs, using robotic processes to build most of the building and assemble it in the field. But more and more, robots and AI are also finding their way to traditional workplaces, he says.
Pick-and-pack robots need to plan their actions before performing them. New software using deep learning has increased this motion planning speed of lab robots from 29 seconds to 80 ms by a factor of 350 (see paper).
As identified in this white paper, gradual changes in operational response speed can make a big difference to warehouse operators, said Andrew Lahy of Cardiff University in the United Kingdom and director of solution design for logistics company DSV. ..
We believe this is practical and applicable in the relatively short term, Goldberg says.
Forbes writes about a two-acre vertical farm that clearly outproduces a 720-acre flat farm. Plenty, the startup featured in the story, has raised more than $ 500 million from investors such as SoftBank, Amazons Jeff Bezos, and former Google Chairman Eric Schmidt.
According to Nate Storey, the future of the farm is vertical. It can also be placed indoors or anywhere on the planet and is tightly integrated with robots and AI to produce better fruits and vegetables while using 95% less water and 99% less land.
Researchers at Tel Aviv University have shown that CRISPR / Cas9 is very effective in treating metastatic cancer, but so far it has only been effective in laboratory mice (see paper).
“This is the world’s first study to demonstrate that the CRISPR genome editing system can be used to effectively treat cancer in living animals,” said Professor Peer. “It should be emphasized that this is not chemotherapy. There are no side effects and cancer cells treated in this way will never be active again. Cas9 molecular scissors cut the DNA of the cancer cells and it Neutrals cancer cells and permanently prevents replication. “
Researchers have used computational tools to develop molecules that have the potential to fight coronaviruses, at least as well as antibodies (see paper).
To develop a grumpy alternative, members of the Baker Lab, led by biochemist Longxing Cao, adopted a computational approach. Researchers have modeled how millions of lab-designed virtual proteins interact with spikes. The team removed the poorly performing users in order, then selected the best of them and synthesized them in the lab. They spent weeks switching between computers and benches, tweaking the design to match the simulation and reality as closely as possible.
Chips and computing
Ansys claims to have fully simulated RFIC for the first time with a high level of accuracy. (RFIC is a radio frequency integrated circuit.)
Until now, such simulations have not been possible. Not what we are saying, look, this will make this normal simulation run 25% faster. Companies had to estimate using simulation technology or only look at the RFIC subsections. But now, thanks to advances in the HFSS mesh and breakthroughs in the ease of cloud computing over Azure, it is now possible to assume full-wave electromagnetic activity and extract coupling models for the entire RFIC.
Personal Plugin: I was interviewed by Investor Daily about this work. This is how the Perpetuals star fundamentalists chose the COVID winner.
Roblox, a game creation platform, has filed for publication (see theirS-1).
Roblox shares revenue with game creators, enabling high school and young people to make money. During the 12 months ended September 30, more than 960,000 developers earned Robux, or virtual cash that could be converted to real money, at Roblox. There were 1,050 people who earned more than $ 10,000 and nearly 250 people who earned more than $ 100,000. When a user exchanges Robux for money, Roblox takes a 30% share of the transaction.
Mobile e-commerce startup Wish has also filed for publication (see S-1). The company appears to be heavily dependent on China for supply, with an estimated 94% of its 500,000 sellers coming from China.
How did the pandemic affect Wish? It seems to have accelerated its growth.
Looking back, Wish saw slow revenue growth in 2019 and expanded even more rapidly in 2020. For example, from 2017 to 2018, Wish’s revenue was $ 1.10 billion and $ 1.73 billion, an increase of 57%. However, from 2018 to 2019, its revenue was only $ 1.9 billion, much smaller at 10%.
Unilever aims to increase annual sales of plant-based meat and dairy alternatives from 200 million this year to 1 billion in five to seven years.
Farber said: As for meat and dairy alternatives, the market growth is still in its infancy and I think it is still small compared to the meat and dairy market as a whole. In the most developed countries, it is estimated that 5% of meat and dairy products can be 50%.
She added: It’s a very very crowded market, but I wanted it.
Aleph Farms, an Israeli culture meat starter, believes that lab-grown products reach the same cost as traditional meat faster than most plant-based meat substitutes.
The New Zealand-based Rocket Lab has successfully recovered the electron rocket for the first time since its launch.
After launching one of the rockets into orbit on Thursday, Rocket Lab, a small satellite launcher, successfully returned the vehicle to Earth and landed gently in the ocean under a series of parachutes. This operation is part of a complex dress rehearsal and is intended to practice almost every step Rocket Lab will take to retrieve and reuse rockets in the future.
NVIDIA’s game streaming service, GeForce Now, was launched on iOS via a browser app. This may cause the playable version of Fortnite to return to iOS devices soon.
Here’s also great news for Fortnite fans. Epic Games continues to sue Apple, but Nvidia has worked with Epic to bring a touch-optimized version of Fortnite to GeForce Now. However, this is not yet available. Nvidia doesn’t have a timeline as to when this special version of the game will be released.
Amazon.com is adding a pharmacy counter to its online store.
The e-commerce giant’s entry into the pharmacy business tests the ability of domestic chains and major insurance companies to open up markets that often control how pharmaceuticals are dispensed. Amazon wants to take advantage of the convenience of the Prime delivery program to acquire patients who are accustomed to traveling to pharmacists in the corner.
Apple has decided to reduce commissions for small merchants with revenues of less than $ 1 million from 30% to 15%. Epic Games and Spotify aren’t impressed.
General Motors is increasing bets on electric vehicles.
The country’s largest automaker in terms of sales said Thursday that it would spend $ 27 billion on the development of electric and self-driving cars by 2025. That’s an increase from the $ 20 billion figure that GM pegged in March. This was a few days before Covid-19 closed its North American factory to the industry, causing a cash crisis across the industry.
GM’s head of product development, Doug Parks, said at a media briefing that he would like to lead the field. Tesla made a good jump, and they did a great job. There are a lot of startups and everyone else is breaking into the space.
Bill Gates believes that face-to-face meetings are no longer the gold standard and that 50% of business trips will be gone even after the pandemic is over.
Gates predicts that more than 50% of business trips and more than 30% of office days will be gone.
Bloomberg Businessweeks Ashlee Vance will take a road trip (22 minutes) to visit Californias Robo Farmers.
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