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Category: business – Page 83

The same day Microsoft invested billions in OpenAI, McKinsey snatched up enterprise-focused AI firm Iguazio for a relative steal.

The consulting giant reportedly paid around $50 million for Iguazio, a Tel Aviv–based company offering an MLOps platform for large-scale businesses — “MLOps” refers to a set of tools to deploy and maintain machine learning models in production. In a press release, McKinsey says it plans to use the startup’s tech and team of 70 data scientists to bolster its QuantumBlack platform, McKinsey’s data analytics–focused group, with “industry-specific” AI solutions.

“We analyzed more than a 1,000 AI companies worldwide and identified Iguazio as the best fit to significantly accelerate our AI offering — from the initial concept to production, in a simplified, scalable and automated manner,” McKinsey senior partner Ben Ellencweig said in a statement. Over time, he added, the Iguazio and QuantumBlack teams will be fully integrated and work from a single product roadmap, combining the best of both worlds (with any luck).

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https://youtube.com/watch?v=3AQPgchedUw&feature=share

This video explores aliens, mind uploading to other species (like in Avatar), genetic engineering, and future robots. Watch this next video about digital immortality: https://youtu.be/sZdWN9pbbew.
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SOURCES:
• https://en.wikipedia.org/wiki/Eagle_eye#:~:text=Eagles%20hav…0developed, see%20from%205%20feet%20away.
• https://vcahospitals.com/know-your-pet/how-dogs-use-smell-to…has%20been, 10%2C000%20times%20better%20than%20people.
• https://www.scientificamerican.com/article/small-animals-liv…ion-world/
• https://en.wikipedia.org/wiki/Human_cloning.

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Continue reading “When WIll We Upload Our Minds To Other Species?” | >

When P M Murugesan decided to discontinue his education to join his father’s farming business, he had many ideas in mind. In particular, he wanted to work with the banana plant, being well aware that though farmers end up burning tonnes of banana waste, there’s a utility to each part of the crop.

In 2008, he started thinking of ways to make products out of banana waste. He found the idea of making ropes interesting.

“The idea struck me when I saw banana threads being used to thread flowers for garlands. I used the machine that turns coconut husk into a rope as the base and modified it to work well for processing banana fibre,” says the innovator.

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Despite its recent blowback, Web 3.0 offers a more interconnected and productive society.

The next significant development for the internet and all it governs is Web 3.0. To improve user experience, it will make use of artificial intelligence. In addition, blockchain technology will enable the service to be backed by decentralized networks since Web 3.0 is the fundamental framework for cryptocurrencies like Bitcoin and Ethereum. This will be a revolutionary move that might significantly influence businesses and how they function, as well as individual users. For instance, site owners won’t have to rely on larger businesses like Amazon (AWS) and Google to buy server space.

Web 2.0 – the current version of the internet – has grown overly centralized, with a small number of large technology businesses and government organizations controlling the industry. Web 3.0, which promises a decentralized online ecosystem built on the still-emerging blockchain, will be the third iteration of the internet. Web 3.0 was first coined in 2014 by a computer scientist named Gavin Wood also helped create Ethereum, the decentralized blockchain system that powers the ether coin.

The main problem with Web 2.0, according to Wood, is trusting the people who run the services. “We’ve managed to build ourselves into this fairly dystopian picture of what the world could be,” he said in a podcast with CNBC. This is why many believe Web 3.0 – with its focus on decentralization – will provide a more democratic and dispersed view of the internet. Additionally, it’s touted as an essential component of the emerging metaverse, an immersive online universe. While some are skeptical and refer to Web 3.0 and the metaverse as primarily a marketing project and even as a pyramid scheme, other venture investors are pouring billions of dollars into this futuristic vision. However, the idea is reportedly also opposed by many in the tech world, including Elon Musk and Jack Dorsey, the former CEO of Twitter.

Continue reading “Explained: Will Web 3.0 live up to its hype?” | >

It seems Google is feeling the heat from OpenAI’s ChatGPT. The artificial intelligence-powered chatbot has taken the tech world by storm over the last couple months, as it can provide users with information they’re looking for in an easy-to-understand format. Google sees ChatGPT as a threat to its search business and has shifted plans accordingly over the last several weeks, according to The New York Times.

The report claims CEO Sundar Pichai has declared a “code red” and accelerated AI development. Google is reportedly preparing to show off at least 20 AI-powered products and a chatbot for its search engine this year, with at least some set to debut at its I/O conference in May.

According to a slide deck viewed by the Times, among the AI projects Google is working on are an image generation tool, an upgraded version of AI Test Kitchen (an app used to test prototypes), a TikTok-style green screen mode for YouTube and a tool that can generate videos to summarize other clips. Also in the pipeline are a feature titled Shopping Try-on (perhaps akin to one Amazon has been developing), a wallpaper creator for Pixel phones and AI-driven tools that could make it easier for developers to create Android apps.

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For the first time since it was proposed more than 80 years ago, scientists from Nanyang Technological University, Singapore (NTU Singapore) have demonstrated the phenomenon of “quantum recoil,” which describes how the particle nature of light has a major impact on electrons moving through materials. The research is published online today (January 19) in the journal Nature Photonics.

Making quantum recoil a practical reality should eventually allow businesses to more accurately produce X-rays of specific levels, leading to superior accuracy in healthcare and manufacturing applications such as and flaw detection in semiconductor chips.

Quantum recoil was theorized by Russian physicist and Nobel laureate Vitaly Ginzburg in 1940 to accurately account for radiation emitted when charged particles like electrons move through a medium, such as water, or materials with repeated patterns on the surface, including those on butterfly wings and graphite.

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A pair of scuba divers has captured rare video and photos of a 2.5-meter (eight-foot) giant squid swimming in the waters off Japan’s west coast.

Earlier this month, Yosuke Tanaka and his wife Miki, who operate a diving business in Toyooka city in the Hyogo region, were alerted to the squid by a fishing equipment vendor who had spotted it in a bay.

The couple took their boat out to reach the creature as it floated near a rocky shoreline.

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Talk Title: Human Age Reversal through Mitochondrial Transplantation.

Tom Benson, CEO at Mitrix Bio, presents at Investing in the Age of Longevity 2022. In his talk, Tom outlines the effect of mitochondria on aging, and how mitochondrial transplantation can be used for age reversal. Showcasing how Mitrix Bio is pioneering the application of this technique, Tom also presents the company’s roadmap for clinical trials and commercialisation of its platform.

Download the presentation slides: https://bit.ly/IAL22-Tom-Benson.

Investing in the Age of Longevity 2022 was held in London on 17 November 2022. The one-day masterclass featured presentations from scientists and business leaders at the cutting edge of the field, giving participants the inside track on the latest aging-related discoveries and investment opportunities.

Continue reading “Investing in the Age of Longevity 2022 — Tom Benson — Mitrix Bio” | >