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Category: business – Page 160

HENDERSON, Nev.—()—Artificial Intelligence Technology Solutions, Inc. (OTCPK: AITX), today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has entered into an agreement with EAGL Technology, Inc. to offer EAGL’s Gunshot Detection System (GDS) in all present and foreseeable future RAD devices.

“We have been receiving repeated requests that gunshot detection capabilities be built into RAD devices from industries as varied as transit operators, retail property managers, and law enforcement. Integrating EAGL’s technology into RAD’s autonomous response solutions should be well received by all of the markets we serve” Tweet this

EAGL Technology was established in 2015 after acquiring gunshot ballistic science developed by the Department of Energy (DOE) Pacific Northwest National Laboratory (PNNL). EAGL has advanced this technology by creating a state-of-the-art security system. The EAGL product offering utilizes the company’s patented FireFly® Ballistic Sensor technology which RAD will offer, as an integrated option, on all mobile and stationary security solutions. EAGL clients include Honeywell, Johnson Controls, Siemens and many more.

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Gelsinger will spend an initial $20 billion on two new plants in Arizona to support Intel’s attempt to break into the foundry business. Intel plans even more factories in the U.S., Europe and elsewhere, with the CEO pledging that the majority of the company’s chips will be manufactured in-house.

Intel Corp. unveiled an ambitious bid to regain its manufacturing lead by spending billions of dollars on new factories and creating a foundry business that will make chips for other companies. The stock jumped about 5%.

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Science and technology parks affiliated with universities are also a renewed focus for helping to commercialise this intellectual property, according to the plan, while elite universities will be paired up with champion businesses to seek R&D breakthroughs in key technologies.

Ministry of Education says it aims this year to forge the country’s colleges into a national strategic innovation force.

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Sustainable and responsible lunar services and transportation — yoav landsman, co-founder, moonscape.

Yoav Landsman is the Co-founder of Moonscape (https://www.moonscape.space/), a lunar services and payload transportation company, that is focused on providing necessary services like communication relay and cutting-edge imaging, while delivering payloads to the Moon.

Moonscape’s vision is to support humankind’s effort of reaching the Moon in a sustainable and responsible manner, as humanity’s first step towards the rest of the solar system and beyond.

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Kent Taylor, the co-founder and CEO of Texas Roadhouse Inc., has died from suicide, his family said, after suffering “unbearable” COVID-19-related symptoms.

Taylor’s family and the restaurant chain said in a statement to The Hill on Sunday that the business executive “took his own life this week” after “a battle with post-Covid related symptoms, including severe tinnitus.”

“Kent battled and fought hard like the former track champion that he was, but the suffering that greatly intensified in recent days became unbearable,” the statement read.

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Satellite imagery specialist Capella Space on Thursday released the first images captured by its two latest spacecraft launched in January.

The firm is trying to tap part of an Earth intelligence market it estimates is worth about $60 billion.

Capella’s business is based on combining a special type of imagery with a small, inexpensive spacecraft. The company is building a network of satellites that can capture images of places on Earth multiple times a day.

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GUANGZHOU, China — Baidu has raised money for its artificial intelligence (AI) semiconductor business at a valuation of $2 billion, a person familiar with the matter told CNBC.

It comes as the Chinese search giant looks to diversify its revenue streams.

The funding round was led by CPE, a Chinese asset management and private equity firm, the person said. Venture capital companies IDG and Legend Capital were also involved. A fund under Chinese investment company Oriza Holdings also participated in the round.

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CAMBRIDGE, Mass.—()—Engineers from HyperLight, a leader in the commercialization of thin-film lithium niobate (LN) photonic integrated circuits (PICs), have achieved breakthrough voltage-bandwidth performances in integrated electro-optic modulators. The broadband electro-optic PIC could lead to orders of magnitude energy consumption reduction for next generation optical networking.

“We believe the significantly improved electro-optic modulation performance in our integrated LN platform will lead to a paradigm shift for both analog and digital ultra-high speed RF links” Tweet this

Energy consumption in optical networking for ethernet, data centers and 5G is soaring as a result of the rapidly growing data traffic. This is because of the limited performance of existing electro-optic modulators, the key element in converting data from the electrical to optical domain at high speed for optical networks. Current electro-optic modulators require extremely high radio-frequency (RF) driving voltages (5 V) as the analog bandwidth in ethernet ports approaches 100 GHz for future terabits per sec capacity transceivers. In comparison, a typical CMOS RF modulator driver delivers less than 0.5 V at such frequencies. Compound semiconductor modulator drivers can deliver voltage 1 V at significantly increased cost and energy consumption but still fall short to meet the optimum driving voltage. The limited voltage-bandwidth performance in electro-optic modulators poses a serious challenge for meeting tight power consumption requirements from network builders.

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