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Archive for the ‘business’ category: Page 203

Jun 4, 2018

Oldsmar’s Cryo-Cell buys Orlando cord blood bank for $14 million

Posted by in categories: biotech/medical, business, finance

OLDSMAR — Cryo-Cell International, the local company that was the first private cord bank to separate and store stem cells, has acquired a public cord blood bank company based in Orlando for $14 million.

Cryo-Cell announced the acquisition of CORD: USE on Monday. The sale propels Cyro-Cell into the public cord blood banking business. Cryo-Cell co-CEO David Portnoy said the purchase will raise revenues by about 20 percent.

Cryo-Cell was founded in 1989 and now holds the stem cells of more than 500,000 families from 87 countries, according to the company. CORD: USE has agreements with hospital across the country to receive donations from mothers of babies’ chord blood while also storing families stem cells.

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Jun 2, 2018

Google Plans Not to Renew Its Contract for Project Maven, a Controversial Pentagon Drone AI Imaging Program

Posted by in categories: business, drones, ethics, military, robotics/AI

Google ends Pentagon contract to develop AI for recognising people in drone videos after 4,000 employees signed an open letter saying that Google’s involvement is against the company’s “moral and ethical responsibility”.


Google will not seek another contract for its controversial work providing artificial intelligence to the U.S. Department of Defense for analyzing drone footage after its current contract expires.

Google Cloud CEO Diane Greene announced the decision at a meeting with employees Friday morning, three sources told Gizmodo. The current contract expires in 2019 and there will not be a follow-up contract, Greene said. The meeting, dubbed Weather Report, is a weekly update on Google Cloud’s business.

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May 31, 2018

When I am Eighty-Five

Posted by in categories: biotech/medical, business, life extension

I will be 85 somewhere in the mid 2050s. It seems like a mirage, an impossible thing, but the future eventually arrives regardless of whatever you or I might think about it. We all have a vision of what it is to be 85 today, informed by our interactions with elder family members, if nothing else. People at that age are greatly impacted by aging. They falter, their minds are often slowed. They are physically weak, in need of aid. Perhaps that is why we find it hard to put ourselves into that position; it isn’t a pleasant topic to think about. Four decades out into the future may as well be a science fiction novel, a far away land, a tale told to children, for all the influence it has on our present considerations. There is no weight to it.

When I am 85, there will have been next to no senescent cells in my body for going on thirty years. I bear only a small fraction of the inflammatory burden of older people of past generations. I paid for the products of companies descended from Oisin Biotechnologies and Unity Biotechnology, every few years wiping away the accumulation of senescent cells, each new approach more effective than the last. Eventually, I took one of the permanent gene therapy options, made possible by biochemical discrimination between short-term beneficial senescence and long-term harmful senescence, and then there was little need for ongoing treatments. Artificial DNA machinery floats in every cell, a backup for the normal mechanisms of apoptosis, triggered by lingering senescence.

When I am 85, the senolytic DNA machinery will be far from the only addition to my cells. I underwent a half dozen gene therapies over the years. I picked the most useful of the many more that were available, starting once the price fell into the affordable-but-painful range, after the initial frenzy of high-cost treatments subsided into business as usual. My cholesterol transport system is enhanced to attack atherosclerotic lesions, my muscle maintenance and neurogenesis operate at levels far above what was once a normal range for my age, and my mitochondria are both enhanced in operation and well-protected against damage by additional copies of mitochondrial genes backed up elsewhere in the cell. Some of these additions were rendered moot by later advances in medicine, but they get the job done.

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May 27, 2018

Here Are Three Factors That Accelerate The Rise Of Artificial Intelligence

Posted by in categories: business, robotics/AI

Advances in Deep Neural Networks

The third and the most critical factor in AI research in the advancement in deep learning and artificial neural networks.

Artificial Neural Networks (ANN) are replacing traditional Machine Learning models to evolve precise and accurate models. Convolutional Neural Networks (CNN) brings the power of deep learning to computer vision. Some of the recent advancements in computer vision such as Single Shot Multibox Detector (SSD) and Generative Adversarial Networks (GAN) are revolutionizing image processing. For example, using some of these techniques, images and videos that are shot in low light and low resolution can be enhanced to HD quality. The ongoing research in computer vision will become the base for image processing in healthcare, defense, transportation and other domains.

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May 27, 2018

Hello World Canada: The Rise of AI

Posted by in categories: business, robotics/AI

Bloomberg Businessweek presents an exclusive premiere of the latest episode of “Hello World,” the tech-travel show hosted by journalist and best-selling author Ashlee Vance and watched by millions of people around the globe. There’s an AI revolution sweeping across the world. Yet few people know the real story about where this technology came from and why it suddenly took off. In this ground-breaking episode of “Hello World,” the story of AI’s rise is told in detail for the first time, as journalist Ashlee Vance heads to the unexpected birthplace of the technology, Canada. (Source: Bloomberg)

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May 26, 2018

How to Overhaul Your Business to Take Advantage of the Internet of Things

Posted by in categories: business, internet, robotics/AI

If you’re not learning, you’re missing out on earnings.

It’s easy to write off the Internet of Things (IoT) as a great technology solution looking for a problem; yet another acronym clogging up the hype cycle.

High-performance organizations, however, see IoT very differently. For them, IoT is already on the front line, where data and machine learning combine to power them exponentially ahead. When these organizations look at IoT, they don’t see a new technology to connect things. Instead, they see a business decision—and a better way to inform it.

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May 25, 2018

Weed-killing robots are threatening giant chemical companies’ business models

Posted by in categories: business, food, genetics, robotics/AI

But if robots kill weeds, who will spray Roundup on everything.


AI-powered weed hunters could soon reduce the need for herbicides and genetically modified crops.

How it’s done now: Current farming methods involve spraying large amounts of indiscriminate weed killer over fields full of crops that have been genetically tweaked (usually by the same company that makes the weed killer) to resist the chemicals. The pesticide and seed industry is enormous, worth $100 billion globally. Of that, herbicide sales alone account for $26 billion.

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May 23, 2018

SpaceX President Gwynne Shotwell sees satellites as bigger market than rockets

Posted by in categories: business, Elon Musk, satellites

SpaceX is taking a commanding role in the rocket business — but Gwynne Shotwell, the company’s president and chief operating officer, expects the satellite business to be more lucrative.

Shotwell sized up SpaceX’s road ahead in a CNBC interview that aired today in connection with the cable network’s latest Disruptor 50 list. For the second year in a row, the space venture founded by billionaire Elon Musk leads the list.

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May 22, 2018

Bioquark Inc. — Enterprise NOW! Podcast — Ira Pastor

Posted by in categories: aging, bioengineering, biotech/medical, business, disruptive technology, DNA, economics, finance, futurism, genetics

https://enterprise-now.biz/podcast/blog/ep-96-mother-nature-…ira-pastor

May 21, 2018

Microsoft buys Semantic Machines to make AI sound more human

Posted by in categories: business, robotics/AI

Microsoft has purchased startup company Semantic Machines in an effort to make artificial intelligence bots sound more human. The Berkeley, California-based business focuses on contextual understanding of conversation.

Previously, the firm has worked with Apple on speech recognition technology for Siri. Semanitc Machines is lead by professor Dan Klein of UC Berkeley and professor Percy Liang of Standford University in addition to Apple’s former chief speech scientist Larry Gillick.

Microsoft has been working on speech recognition and natural language processing for nearly two decades now. As Cortana has gained a more prominent role in recent years, Redmond is aiming to improve the accuracy and fluency of its assistant.

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