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Category: finance – Page 102

New internet woven from ‘spooky’ quantum links could supercharge science and commerce

For that, they will need the quantum equivalent of optical repeaters, the components of today’s telecommunications networks that keep light signals strong across thousands of kilometers of optical fiber. Several teams have already demonstrated key elements of quantum repeaters and say they’re well on their way to building extended networks. “We’ve solved all the scientific problems,” says Mikhail Lukin, a physicist at Harvard University. “I’m extremely optimistic that on the scale of 5 to 10 years… we’ll have continental-scale network prototypes.”

Advance could precisely link telescopes, yield hypersecure banking and elections, and make quantum computing possible from anywhere.

Microsoft wants to unite APAC governments with cybersecurity council

Microsoft has galvanised policy makers across seven Asia-Pacific markets, including Singapore and Indonesia, in a bid to facilitate the sharing of threat intelligence and resources amongst their respective public sector. The US software vendor says “collective” efforts across the region are critical in combating cybersecurity threats, which are inevitable in an increasingly interconnected world.

It noted that Asia-Pacific saw malware and ransomware attacks at higher frequencies, clocking 1.6 and 1.7 times higher, respectively. than the global average. Citing numbers from its 2019 threat report, Microsoft said developing markets such as Indonesia, India, and Sri Lanka were most vulnerable to such threats that year.

It added that cybercrime not only resulted in financial losses and brought down operations, but also posed risks to national security and eroded trust in digital economies.

Nora Super — Milken Institute — Center for the Future of Aging — Alliance to Improve Dementia Care

Senior director, milken institute center for the future of aging, milken institute; executive director, alliance to improve dementia care.

Nora Super is the Senior Director of the Milken Institute Center for the Future of Aging (CFA) (https://milkeninstitute.org/centers/center-for-the-future-of-aging) and the Executive Director of the Milken Institute Alliance to Improve Dementia Care (https://milkeninstitute.org/centers/center-for-the-future-of…tia-care).

Mr. Super provides strategic direction for the two primary focus areas of CFA: Financial Wellness and Healthy Longevity, and oversees data-driven research, meaningful policy initiatives, and impactful convenings around the world.

Launched in 2020, the Alliance to Improve Dementia Care seeks to transform and improve the complex health and long-term care systems that people at risk for and living with dementia must navigate.

Ms. Super studied political science at Tulane University and completed her master’s degree in public administration, with a concentration in health policy, at George Washington University, and is a respected thought leader, frequent speaker, and prolific writer on healthy longevity and the economic and social impact of global population aging. In 2019, she authored two major reports: “Reducing the Cost and Risk of Dementia: Recommendations to Improve Brain Health and Decrease Disparities” and “Age-Forward Cities for 2030.”

Continue reading “Nora Super — Milken Institute — Center for the Future of Aging — Alliance to Improve Dementia Care” | >

Samsung Develops a Very Fast 512GB DDR5 Memory Module

2 sticks of RAM giving you 1TB of memory will be the norm soon.

While consumers today typically use computers with 8GB or 16GB of DDR4 RAM inside, Samsung is pushing ahead with the next generation of memory modules. Its latest stick of RAM is a 512GB DDR5 module running at 7200Mbps.

The new module will be used in servers performing “the most extreme compute-hungry, high-bandwidth workloads.” That means supercomputers, artificial intelligence, and machine learning. It was made possible thanks to advanced HKMG technology, which Samsung adopted back in 2018 for its GDDR6 memory. Basically, HKMG replaces the insulator layer in DRAM structures. The high dielectric material contained in the layer reduces current leakage and therefore allows higher performance. At the same time, Samsung managed to reduce power usage in the new module by 13%.

“Samsung is the only semiconductor company with logic and memory capabilities and the expertise to incorporate HKMG cutting-edge logic technology into memory product development,” said Young-Soo Sohn, Vice President of the DRAM Memory Planning/Enabling Group at Samsung Electronics. “By bringing this type of process innovation to DRAM manufacturing, we are able to offer our customers high-performance, yet energy-efficient memory solutions to power the computers needed for medical research, financial markets, autonomous driving, smart cities and beyond.”

Elon Musk says Tesla is More an Artificial Intelligence and Robotics Company than an Automotive Company

Elon Musk has made the argument that Tesla is more of an AI (artificial intelligence) and robotics company. This is another argument in the series of Musk’s insistence that Tesla is not an automotive company. He has been saying for some time now that investors should view Tesla as a group of startups. He says that Tesla’s service centres are a startup, Tesla’s insurance company is a startup, Tesla’s automation group is a startup, etc.

Musk said that eventually, Tesla is going to be as synonymous with AI and robotics as with vehicles and energy. The CEO mentioned this during a conference call about Tesla’s Q1 financial results.

Right now people think of Tesla as a car company or as an energy company. I think long term, people will think of Tesla as much as an AI robotics company as we are a car company or an energy company. I think we are developing one of the strongest hardware and software AI teams in the world.

Could digital currencies put banks out of business? | The Economist

Cryptocurrencies like Bitcoin have been billed as a major disruptor to finance. But digital currencies issued by governments might be even more radical—they may even threaten the future of traditional banking.

Read our special report, “The Future of Banking” : https://econ.st/3tuTT8y.

Sign up to our newsletter to keep up to date: https://econ.st/3a6aZmv.

Read more of our coverage on Finance & Economics: https://econ.st/3b0g3cs.

Listen to Economist’s podcast “Money Talks: the age of free money”: https://econ.st/3eUduK3

Is digital yuan set to transform both Chinese and international banking? https://econ.st/3eYqcYb.

Continue reading “Could digital currencies put banks out of business? | The Economist” | >

Dr. Anil Achyuta — TDK Ventures — Founding Member — Deep-Tech Healthcare And Energy Investments

Deep-tech healthcare & energy investments for a sustainable future — dr. anil achyuta, investment director / founding member, TDK ventures.

Dr. Anil Achyuta is an Investment Director and a Founding Member at TDK Ventures, which is a deep-tech corporate venture fund of TDK Corporation, the Japanese multinational electronics company that manufactures electronic materials, electronic components, and recording and data-storage media.

Anil is passionate about energy and healthcare sectors as he believes these are the most impactful areas to building a sustainable future – a mission directly in line with TDK Ventures’ goal.

At TDK Ventures, Anil has reviewed over 1050 start-ups and invested in: 1) Autoflight — an electric vertical take-off and landing company, 2) Genetesis — a magnetic imaging-based cardiac diagnostics company, 3) Origin — 3D printing mass manufacturing company, 4) Exo — hand-held 3D ultrasound imaging company, 5) GenCell — ammonia-to-energy hydrogen fuel cell company, 6) Mojo Vision – augmented reality contact lens company, and 7) Battery Resourcers – a direct to cathode lithium ion battery recycling company.

From his seven investments, Anil has secured two exits. GenCell IPO’d on Tel Aviv’s Stock Exchange, and Origin was acquired by the #1 3D Printing company in the world, Stratasys, for $100M.

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Saudi Arabia’s Shift To Renewables Could Save It $200 Billion

Saudi Arabia could save some $200 billion over the next ten years by switching from crude oil to natural gas and renewables for electricity production, Reuters reports, citing the Kingdom’s Finance Minister.

“Instead of buying fuel from the international markets at $60 and then selling it at $6 for Saudi utilities, or using some of our quota in OPEC to sell at $6, we’re going to actually displace at least 1 million barrels a day of oil equivalent in the next 10 years and replace it with gas and renewables,” Mohammed al-Jadaan said.

OPEC’s largest oil producer and world’s largest exporter of crude is on a desperate quest to reduce its dependence on oil revenues by diversifying its economy away from the flagship export stock. Earlier this year, Crown Prince Mohammed, who appears to be the de facto ruler of Saudi Arabia, announced yet another investment program with a view to this diversification that he said would “unlock new local investments valued at SAR 5 Trillion through the end of 2030.”

Making Sense Podcast Special Episode: Engineering the Apocalypse

In this nearly 4-hour SPECIAL EPISODE, Rob Reid delivers a 100-minute monologue (broken up into 4 segments, and interleaved with discussions with Sam) about the looming danger of a man-made pandemic, caused by an artificially-modified pathogen. The risk of this occurring is far higher and nearer-term than almost anyone realizes.

Rob explains the science and motivations that could produce such a catastrophe and explores the steps that society must start taking today to prevent it. These measures are concrete, affordable, and scientifically fascinating—and almost all of them are applicable to future, natural pandemics as well. So if we take most of them, the odds of a future Covid-like outbreak would plummet—a priceless collateral benefit.

Rob Reid is a podcaster, author, and tech investor, and was a long-time tech entrepreneur. His After On podcast features conversations with world-class thinkers, founders, and scientists on topics including synthetic biology, super-AI risk, Fermi’s paradox, robotics, archaeology, and lone-wolf terrorism. Science fiction novels that Rob has written for Random House include The New York Times bestseller Year Zero, and the AI thriller After On. As an investor, Rob is Managing Director at Resilience Reserve, a multi-phase venture capital fund. He co-founded Resilience with Chris Anderson, who runs the TED Conference and has a long track record as both an entrepreneur and an investor. In his own entrepreneurial career, Rob founded and ran Listen.com, the company that created the Rhapsody music service. Earlier, Rob studied Arabic and geopolitics at both undergraduate and graduate levels at Stanford, and was a Fulbright Fellow in Cairo. You can find him at www.after-on.

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