D-Wave has launched next-gen quantum computing platform Advantage, and Launch, a service to help businesses build hybrid quantum applications.
Category: business – Page 187
Elon Musk says he likely will take Starlink satellite internet service public in ‘several years’
SpaceX CEO Elon Musk on Monday reiterated the likelihood that his private space company will likely take its Starlink satellite internet service public in the coming years.
“We will probably IPO Starlink, but only several years in the future when revenue growth is smooth & predictable,” Musk said in a tweet. “Public market does not like erratic cash flow haha.”
SpaceX leadership has previously discussed the idea, with company President Gwynne Shotwell in February telling a group of investors in February that “Starlink is the right kind of business that we can go ahead and take public,” adding that the company could spin it off.
Elon Musk: Affordable $25,000 Tesla and Better Batteries Are Coming
Previous Episode on Creative A.i.:
In this episode we take a look at Tesla’s “battery day” and Elon Musk’s plans for a $25,000 car.
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The End of Hunger pt 2: The End of Meat Culture
World hunger is a persistent problem despite all of humanity’s progress in recent years. Continuing on last week’s discussion on how we can end world hunger, this week, I am talking about one contributing factor: the end of meat culture.
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How China Is Closing In on Its Own Digital Currency
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with — and control of — a rapidly digitizing economy. Trials have been held this year in a handful of cities and tests have started with some e-wallets and online apps, with the Covid-19 pandemic and need for social distancing providing a new sense of urgency. Unlike cryptocurrencies such as Bitcoin, dealing in the digital yuan won’t have any presumption of anonymity, and its value will be as stable as the physical yuan, which will be sticking around too. Behind China’s rush is a desire to manage technological change on its own terms. As one PBOC official put it, currency isn’t only an economic issue, it’s also about sovereignty.
Not all the details are out, but according to new patents registered by the PBOC and official speeches, it could work something like this: Consumers and businesses would download a digital wallet onto their mobile phone and fill it with money from their account at a commercial bank — similar to going to an ATM. They then use that money — dubbed Digital Currency Electronic Payment, or DCEP — like cash to make and receive payments directly with anyone else who also has a digital wallet. Some questions remain, including the impact on Big Tech companies such as Ant Group Co. and Tencent Holdings Ltd. that already offer payment services.
Ripjar, founded by GCHQ alums, raises $36.8M for AI that detects financial crime
Financial crime as a wider category of cybercrime continues to be one of the most potent of online threats, covering nefarious activities as diverse as fraud, money laundering and funding terrorism. Today, one of the startups that has been building data intelligence solutions to help combat that is announcing a fundraise to continue fueling its growth.
Ripjar, a U.K. company founded by five data scientists who previously worked together in British intelligence at the Government Communications Headquarters (GCHQ, the U.K.’s equivalent of the NSA), has raised $36.8 million (£28 million) in a Series B, money that it plans to use to continue expanding the scope of its AI platform — which it calls Labyrinth — and scaling the business.
Labyrinth, as Ripjar describes it, works with both structured and unstructured data, using natural language processing and an API-based platform that lets organizations incorporate any data source they would like to analyse and monitor for activity. It automatically and in real time checks these against other data sources like sanctions lists, politically exposed persons (PEPs) lists and transaction alerts.
Microsoft licenses the breakthrough natural language AI GPT-3
Microsoft announced that it has “exclusively licensed” OpenAI’s sophisticated GPT-3 language model that can generate disturbingly human-like text in applications ranging from commercial bots to creative writing. After investing $1 billion in the San Francisco startup last year to become OpenAI’s exclusive cloud partner, Microsoft will get access to the language tech for itself and its Azure cloud customers.
OpenAI released GPT-3 just a couple of months ago to a limited group of developers, but its capabilities have already generated massive amounts of buzz. It’s the largest language model ever trained, and is capable of not just mundane tasks like auto-generating business correspondence, but also creative or technical chores like poetry, memes and computer code.
Tesla is getting into the mining business, buys lithium claim on 10,000 acres in Nevada
Tesla is now officially getting into the mining business with a lithium claim on 10,000 acres in Nevada.
At the Battery Day event yesterday, as part of its entire new battery supply strategy, Tesla announced that it is developing its own lithium processing method.
Drew Baglino, SVP of engineering at Tesla, said:
Boxer George “Monk” Foreman III talks of Compassion and Everybody Fights!
Boxing, Business, and Well-Being — I am joined on this episode of ideaXme by George Foreman III; entrepreneur, professional boxer, trainer, coach, son / business partner of former two-time heavyweight boxing champion George Foreman, and founder of EverybodyFights, a rapidly expanding chain of high-end, state-of-the-art boxing and fitness gyms — #Ideaxme #Health #Wellness #Boxing #GeorgeForeman #Fitness #Gyms #Nutrition #Longevity #Aging #Healthspan #Lifespan #LifeExtension #Business #Entrepreneurship #Innovation #Startup #IraPastor #Bioquark #Regenerage
Ira Pastor, ideaXme life sciences ambassador, interviews George “Monk” Foreman III; entrepreneur, professional boxer, trainer, coach, and Founder of Everybody Fights.
Ira Pastor Comments:
We’re honored to be joined by Mr. George “Monk” Foreman III; entrepreneur, professional boxer, trainer, coach, son of businessman and former two-time heavyweight boxing champion George Foreman, and founder of Everybody Fights, a rapidly expanding chain of high-end, state-of-the-art boxing and fitness gyms.
George “Monk” Foreman III:
Saving Carpathia, The Vast Wilderness in the Heart of Europe
Karen Potter, Director of Sustainability Hub and ideaXme sustainability ambassador interviews Christoph Promberger, M.Sc., Executive Director Foundation Conservation Carpathia (FCC). https://www.carpathia.org
Karen Potter comments:
In 2009, the Foundation Conservation Carpathia was founded by a dozen international philanthropists and conservationists with the goal to stop illegal logging and to protect a significant surface of Carpathian forests to form a completely protected area.
The FCC was founded in response to the restitution of formerly nationalised forests to private citizens in Romania. This process triggered massive clear-cuts and thousands of hectares of forests were illegally logged, posing a severe threat to the integrity of the Carpathian ecosystem.
Wilderness is disappearing globally at an alarming rate, less than 2% of Europe’s surface is still in its original state and the Carpathian Mountains form some of the largest contiguous forests on the continent with the highest percentage of still virgin woodlands; they contain an extraordinarily high number of species.
Karen is a passionate environment and sustainability campaigner leading Government and Parliamentary efforts to promote Net Zero policy solutions as well as lead on COP26, business, community and civic action. She is a project development specialist with extensive experience in designing and delivering new initiatives to promote sustainability, social responsibility, smart energy, the Green Recovery and clean tech investment. She is highly experienced in government, NGO and public sector communications, building and managing senior stakeholder relations and media engagement.