Archive for the ‘business’ category: Page 100
Jan 13, 2022
TSMC invests in new capacity despite forecasts chip demand will ease
Posted by Eric Klien in categories: business, computing
Last year, Germany spent $53 billion on defense. This year, TSMC is spending $44 billion on chip factories. (In 2019, TSMC only spent $14.9 billion, so they are spending insane amounts of money trying to fix the chip shortage.) Pretty much everyone in the chip business is also dramatically increasing their spending as well.
TSMC investment will “put a ceiling” on Samsung, Intel’s foundry plans.
Jan 13, 2022
Why Do Machine Learning Models Die In Silence?
Posted by Shubham Ghosh Roy in categories: business, robotics/AI
What is concept drift?
Concept drift occurs when there are changes in the distribution of the training set examples.
At the most basic level, concept drift causes data points that were once considered an example of one concept to be seen as another concept entirely over time.
Continue reading “Why Do Machine Learning Models Die In Silence?” »
Jan 13, 2022
Tesla Tops Ranking In Automotive Future Readiness Indicator Study
Posted by Kelvin Dafiaghor in categories: business, education
One of Europe’s top business schools recently released its Future Readiness Indicator study and focused on the automotive sector for its analysis.
Jan 11, 2022
How John Deere created its autonomous tractor
Posted by Shubham Ghosh Roy in categories: business, mobile phones, robotics/AI
A farmer can put the tractor to work with a swipe of a smartphone app and then walk away to attend to other business.
Jan 11, 2022
Prager Metis sets up first CPA firm in metaverse
Posted by Shubham Ghosh Roy in categories: augmented reality, blockchains, business, space, virtual reality
Prager Metis has become the first CPA firm to open up a metaverse headquarters. The firm, which in real life is based in New York, is setting up shop in Decentraland, a 3D virtual world, as part of a joint venture with Banquet LLC, a metaverse studio.
The firm purchased the piece of virtual real estate on Dec. 28, a three-story digital structure. On the first floor is an open floor plan that doubles as a gallery space for nonfungible tokens from Prager Metis clients along with a large entertainment area. The second floor will provide more of a working space with meeting rooms and conference capabilities. The third floor will serve as a rooftop space where Prager Metis intends to host events and even live entertainment.
The metaverse has been attracting attention ever since Facebook’s parent company announced a name change last October to Meta to highlight its interest in developing technology for virtual reality and augmented reality. More businesses have followed suit in setting up shop in the metaverse. Prager Metis isn’t the first firm to dip its toes in the waters: PricewaterhouseCoopers’ Hong Kong firm announced last month that it had bought virtual land on another metaverse platform, the Sandbox, but Prager Metis is going further by setting up an actual headquarters in Decentraland. It plans to focus on advisory services for clients and potentially for other accounting firms as well. The firm already has clients who have entered the rapidly growing market for nonfungible tokens, or NFTs, which use blockchain technology to create collectibles and artwork that people bid on to buy and trade.
Jan 11, 2022
Expo 2020: Nevomo’s tech upgrades existing railway tracks for high-speed supertrains
Posted by Shubham Ghosh Roy in categories: business, transportation
The MagRail technology makes use of existing tracks to allow use of both magnetic and traditional trains; can later be upgraded for Hyperloop. Expo 2020: Nevomo’s tech upgrades existing railway tracks for high-speed supertrains. Dubai, Expo 2020, Expo 2020 dubai, hyperloop, Nevomo, Railways, Virgin. Business.
Jan 10, 2022
Genflow to become Europe’s first longevity biotech IPO
Posted by Montie Adkins in categories: biotech/medical, business, genetics, life extension
The company is developing novel therapeutics targeting aging in humans and dogs by using genetically modified adeno-associated virus (AAV) vectors to deliver copies of the SIRT6 gene variant found in centenarians. SIRT6 has already been shown to have significant capabilities to repair DNA damage, and Genflow’s aim is to show that it can also improve healthspan and, potentially, increase lifespan. “Our business model is to develop our lead compound, GF-1002, that has already yielded encouraging pre-clinical results,” Leire told us. “We are currently undertaking pre-clinical trials which are expected to take approximately two years.
SIRT6 targeting longevity biotech announces intention to float on the London Stock Exchange, with IPO later this month.
Jan 9, 2022
Disney Patents Virtual World Simulator That Doesn’t Require Headsets, Goggles, Or Smartphones
Posted by Genevieve Klien in categories: business, mapping, mobile phones, virtual reality
The immersive tech could eventually allow park visitors to interact with Mickey Mouse and Elsa as images, not cast members in costume.
Disney is joining the metaverse party.
We aren’t talking online gigs or business meetings with avatars. Disney wants to enhance the virtual dimension of its theme parks with its Virtual World Simulator, new technology for which it was granted a patent in the U.S. on December 28.
Jan 9, 2022
Japan-based startup unveils its flying car at CES 2022, plans to enter market by 2025
Posted by Kelvin Dafiaghor in categories: business, government, robotics/AI, transportation
The vehicle showcased at the event was Model SD-03, which was a demonstration for the autonomous SD-05 which is currently under development. The company is aiming to kickstart its business with the latter after unveiling it as a flying taxi at the World Expo 2025 in Osaka. It is worth mentioning that SkyDrive has been tested for manned flights and recently got certified by the Japanese government. “SkyDrive recently advanced toward commercialization with the Japanese transportation ministry’s acceptance of its type certificate application, a major milestone that no other flying vehicle developers have reached in Japan”, the company said in its statement.
READ | Flying car completes first 35-minute inter-city flight test in Slovakia
The model released by SkyDrive at the CES 2022 is a driver-only vehicle that runs on electricity and is equipped with eight propellers. As per SkyDrive’s description of the vehicle, it can carry a maximum weight of 400 kg and is capable of cruising at 40–50 kilometres per hour for five to ten minutes. The company had revealed the first prototype of its eVTOL in 2018 and conducted the first manned flight in 2020. According to a report by Interesting Engineering, more companies such as Lilium and Volocopter are also planning to kickstart their flying car business this decade.
