Ex-President of Elon Musk’s Neuralink Has New Brain-Computer Startup
[Investing]
2022/12/10 09:06
With $160 million, Science Corp. is second only to Musk’s startup in total funding.At Elon Musk’s Neuralink Corp., Max Hodak helped lead development of a computing device designed to be inserted into a person’s brain. Now he has a competing startup with $160 million in funding that seeks to do something even more striking: manipulate the brain without any in-skull implants.Hodak’s new compa...
The Rapid Rise of Lensa AI
[Business]
2022/12/10 09:05
If you are using social media regularly, chances are you’ve come across some artistic renditions of other users over the past few days. That’s thanks to the latest viral sensation Lensa AI, a photo-editing app using artificial intelligence to create what it calls “magic avatars”. Having been fed 10 to 20 photos of any person, the app uses the open-source Stable Diffusion model to create rea...
Jurata Thin Film Raises $4.87M for Stabilizing Vaccines Technology
[Investing]
2022/12/10 09:04
Jurata Thin Film, a Houston, TX-based startup focused on stabilizing vaccines at ambient temperature, raised initial investment funds totaling $4.87m.The round was led by Golden Seeds with participation from Columbus Ventures and Ferocity Capital, as well as UT Seed Investment Fund. Other investors include Jurata’s co-founders Sheila Mikhail, Jude Samulski, PhD, and Dr. Croyle. Current employe...
(Infographic) The Richest Sports Team Owners
[Investing]
2022/12/10 09:03
Many of the most popular sports teams are owned by notable billionaires and millionaires, from teams in the National Football League and the National Basketball Association to soccer teams around the world.But who are the richest owners in sports? The research team at Madison Trust looked at some of the richest sports owners in the world to create the following infographic. Take a look to see w...
(PDF) BCG - What to Expect from Black Friday Amid the Cost-of-Living Crisis
[Business]
2022/12/08 09:10
Black Friday is coming at a time of global uncertainty and waning consumer sentiment. More than 80% of individuals around the world are anxious about rising prices, with 75% worried about the prospect of a prolonged economic recession. Many are already feeling the impact of these global issues—as well as the war in Ukraine—on their ability to keep up with rising costs and afford everyday esse...
Deepgram Raises $47M for A Speech AI Platform
[Investing]
2022/12/08 09:09
Deepgram, a San Francisco, CA-based provider of a speech AI platform, raised $47M in funding. The round was led by Madrona, with participation from Alkeon and prior investors.The company, which has raised a total of $72m, intends to use the funds to accelerate growth and expand operations.Founded in 2015 by CEO Scott Stephenson, Deepgram provides a speech AI platform, which is enabled by end-to...
(PDF) State of Subscription Commerce Report 2022
[Business]
2022/12/08 09:08
In 2020, new subscribers flocked to the subscription market at unprecedented rates, leading to dramatic year-over-year growth across verticals. In 2021, subscriptions became more than something new to try—they became a reliable part of consumers’ daily lives.Humans crave experiences that repeat—especially in uncertain times.Over the past year, both merchants and consumers have found immense...
How IoT and AI are Meeting the Challenges of Feeding The World's Population
[Business]
2022/12/08 09:07
The agriculture industry is in a period of transformation. Technological advances in recent decades mean farming is more productive, yields are higher and harvesting is more efficient than ever.Now, farmers are embracing connectivity, robotics, sensors and other technologies to bring the industry into a new era that can build resilience and sustainability and tackle rising food insecurity world...
Rolls-Royce and EasyJet Test Hydrogen-Powered Aircraft Engine
[Tech]
2022/12/08 09:06
British airline EasyJet and engineering company Rolls-Royce have run a commercial aircraft engine on hydrogen in what they claim is a "world first", potentially paving the way for the decarbonisation of plane travel.The companies trialled the engine in a ground test at the UK Defence Ministry's Boscombe Down aircraft testing site using renewably-made green hydrogen and a converted Rolls-Royce A...