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Archive for the ‘finance’ category

Jul 26, 2016

Data Written on DNA Will Be Stored in Freezer Banks in 7 Years

Posted by in categories: biotech/medical, finance

We’re about 7 years out from sending files to a company to be stored in permanent DNA freezer lockers.

Jul 21, 2016

Enterprise Fellowships to kick-start the quantum technology industry

Posted by in categories: business, cybercrime/malcode, energy, engineering, finance, health, internet, quantum physics, robotics/AI

Luv this.


The University of Bristol’s Quantum Technology Enterprise Centre (QTEC) is looking to recruit its first cohort of Enterprise Fellows that will be the next generation of quantum technology entrepreneurs.

Merging training in systems thinking, quantum engineering and entrepreneurship, QTEC will provide the necessary skills for budding innovators to develop their own business ideas and for them to branch out into the emerging field of quantum technologies.

The Centre, which is the first of its kind in the world, was funded as part of the UK’s £270 million investment into quantum technologies. These technologies exploit the laws of quantum mechanics to create practical and useful technologies that will outperform their classical rivals and that have the potential to transform artificial intelligence, healthcare, energy, finance, cyber security and the internet.

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Jul 14, 2016

Russia’s hyperloop dream is undone

Posted by in categories: business, economics, Elon Musk, finance, transportation

Sad for Russia.


President Vladimir Putin and other Russian officials dream of a technological leap that could immediately close the gap between Russia and more advanced economies, as Sputnik did for the Soviet Union. The hyperloop, a kind of train in a tube that can reach speeds of up to 700 mph, fits that dream, and a well-connected Russian businessman has invested in it — only to see the project become embroiled in a lawsuit involving a Silicon Valley startup’s founders and claims of financial mismanagement.

Elon Musk, Tesla’s chief executive, proposed the hyperloop four years ago. This “fifth mode of transport” would involve a system of practically airless tubes through which magnetically levitated pods could carry passengers and cargo. Musk has not set up a company to bring the project to reality, but others have. For example, Hyperloop Transportation Technologies, wants to build a system in Slovakia. Another, Hyperloop One, offered a public demonstration of some elements of its technology in May.

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Jul 13, 2016

China takes finance executives on prison tour to curb scandals

Posted by in categories: finance, law enforcement

Have a lot of corporate corruption; take your executives on a tour inside the local Federal Prison. China believes this is the best option to prevent corruption.


Shanghai’s online finance association showed its member executives a taste of life behind bars on Tuesday as part of an effort to nip crime in the bud in a sector that has been dogged by scandal.

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Jul 11, 2016

Manoj Saxena talks Artificial Intelligence with Gigaom

Posted by in categories: finance, health, robotics/AI, security

Nice chime on QC.


Manoj Saxena is the executive chairman of CognitiveScale and a founding managing director of The Entrepreneurs’ Fund IV (TEF), a $100m seed fund focused exclusively on the cognitive computing space.

Saxena is also the chairman of Federal Reserve Bank of Dallas, San Antonio branch and Chairman, SparkCognition an Austin based cognitive security and safety analytics company.

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Jul 9, 2016

Mathematical framework that prioritizes key patterns in networks aims to accelerate scientific discovery

Posted by in categories: biological, finance, information science, mathematics, military

Nice.


Networks are mathematical representations to explore and understand diverse, complex systems—everything from military logistics and global finance to air traffic, social media, and the biological processes within our bodies. In each of those systems, a hierarchy of recurring, meaningful internal patterns—such as molecules and proteins interacting inside cells, and capacitors and resistors operating within integrated circuits—determines the functions or behaviors of those systems. The larger and more intricate a system is, however, the harder it is for current network modeling techniques to uncover these patterns and represent them in organized, easy-to-understand ways.

Researchers at Stanford University, funded by DARPA’s Simplifying Complexity in Scientific Discovery (SIMPLEX) program, have made progress in overcoming these challenges through a framework they have developed for identifying and clustering what mathematicians call “motifs”: essential but often obscure patterns within systems that are the building blocks of mathematical modeling and that facilitate the computational representation of complex systems.

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Jul 1, 2016

The World Will Be Continuously Upgradable When Everything Is Connected

Posted by in categories: finance, food, mobile phones, singularity, transportation

Exponential Finance celebrates the incredible opportunity at the intersection of technology and finance. Apply here to join Singularity University, CNBC, and hundreds of the world’s most forward-thinking financial leaders at Exponential Finance in June 2017.

One day in the future, we’ll look back in wonder at how our physical objects used to be singular, disconnected pieces of matter.

We’ll be in awe of the fact that a car used to be just a piece of metal full of gears and belts that we would drive from one place to another, that a refrigerator was a box that kept our food cold — and a phone was a piece of plastic we used to communicate to one other person at a time.

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Jun 22, 2016

Twittersphere Ridicules Russian Research Plans On Teleportation

Posted by in categories: biotech/medical, finance, government, internet

In Russia, not all scientific projects get financial backing from the government — but teleportation does.

On June 22, a special interagency working group, along with Russian Deputy Prime Minister Arkady Dvorkovich, discussed the country’s scientific and technological plans drawn up by the Russian Strategic Initiatives Agency.

The document, described in detail by Kommersant newspaper, lists innovations Russian scientists plan to accomplish by 2035. Among them are a Russia-based coding language, a 5G mobile network, “smart” buildings, medical implants — and teleportation.

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Jun 21, 2016

Voice: How To Architect A Cognitive Future For Business

Posted by in categories: biotech/medical, business, computing, education, finance, mobile phones, neuroscience, robotics/AI

Whether referred to as AI, machine learning, or cognitive systems, such as IBM Watson, a growing cadre of business leaders is embracing this opportunity head on.

That’s because their consumers are using cognitive applications on a daily basis — through their phones, in their cars, with their doctors, banks, schools, and more. All of this consumer engagement is creating 2.5 quintillion bytes of data every day. And thanks to IT infrastructures designed for cognitive workloads — that can understand, reason, and learn from all this data — organizations and entire industries are transforming and reaping the benefits.

What’s important to remember is that this sci-fi-turned-reality-show of cognitive computing cannot happen without the underlying systems on which the APIs, software, and services run. For this very reason, today’s leading CIOs are thinking differently about their IT infrastructure.

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Jun 18, 2016

Ultrafast dynamics of semiconductor nanocrystals

Posted by in categories: economics, energy, finance, quantum physics

Spectroscopy studies of charge transfer from cadmium selenide quantum dots to molecular nickel catalysts reveal unexpectedly fast electron transfer, enabling exceptional photocatalytic hydrogen production.

A key challenge facing the US is the harvesting, production, storage, and distribution of energy to support economic prosperity with responsible environmental management. Currently, fossil fuels provide more than 80% of the energy consumed in the US (even when significant increases in the use of alternative sources of energy in recent years are accounted for).1 For the US Department of Defense in particular, volatility in the price and availability of fossil fuels leads to significant short- and long-term financial, operational, and strategic risks.2 There is, therefore, clearly a need for new alternative sources of energy.

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