Lifeboat Foundation

Today, Facebook is coming together with 27 organizations around the world to start the non-profit Libra Association and create a new currency called Libra.

Libra is a global cryptocurrency built on blockchain to promote financial inclusion. Libra is digital, mobile, stable, fast, cheap and secure. Read the Libra White Paper.

Libra’s mission is to create a simple global financial infrastructure that empowers billions of people around the world. It’s powered by blockchain technology and the plan is to launch it in 2020. You can read more about the association here: https://libra.org/&h=AT0Vpgfo9yMWI9A93aDq0V-7D3PwK9TiZGZ…la1VStESZA

Being able to use mobile money can have an important positive impact on people’s lives because you don’t have to always carry cash, which can be insecure, or pay extra fees for transfers. This is especially important for people who don’t have access to traditional banks or financial services. Right now, there are around a billion people who don’t have a bank account but do have a mobile phone.

Updated 5 p.m. Eastern with corrected quote provided by the company in final paragraph.

WASHINGTON — Small launch vehicle Vector has hired a new chief financial officer who previously held similar positions at Blue Origin and Sierra Nevada Corporation.

Vector announced June 12 Stephanie Koster as its new CFO, leading the company’s finance and business operations. Koster joined the company in March, according to her LinkedIn profile.

Continue reading “Former Blue Origin and SNC executive joins Vector” »

There is a new battery type being hyped, with terms such as “Quantum Glass” battery or even “The Jesus Battery” and a claim that “It Will Ignite the Global $3 Trillion Electric Car Revolution.” Go and see it for yourself at investorplace.com (video transcript available from me), Forbes, and other financial information services.

This touted breakthrough in battery technology is the latest in a slew of innovative ideas that include “batteries made with sand,” “stretchable batteries,” “foam batteries,” “pee powered batteries,” “laser-made micro-super-capacitors” and more (13 Amazing Battery Innovations That Could Change The World).

Artificial Intelligence (AI) is a field that has a long history but is still constantly and actively growing and changing. Artificial Intelligence (AI) technology is increasingly prevalent in our everyday lives. It has uses in a variety of industries from gaming, journalism/media, to finance, as well as in the state-of-the-art research fields from robotics, medical diagnosis, and quantum science.

Udacity was born out of a Stanford University experiment in which Sebastian Thrun and Peter Norvig offered their “Introduction to Artificial Intelligence” course online to anyone, for free. Over 160,000 students in more than 190 countries enrolled and not much later, Udacity was born.

Continue reading “AI Course with Sebastian Thrun and Peter Norvig: Udacity Course” »

Luminous Computing, a one-year-old startup, is aiming to build a photonics chip that will handle workloads needed for AI at the speed of light. It’s a moonshot and yet, the young company already has a number of high-profile investors willing to bet on the prospect.

The company has raised $9 million in a seed round led by Bill Gates, NEO’s Ali Partovi and Luke Nosek and Steve Oskoui of Gigafund.

The round also attracted other new investors, including Travis Kalanick’s fund 10100, BoxGroup, Uber CEO Dara Khosrowshahi, and Emil Michael as well as pre-seed investors Class 5 Global, Joshua Browder, Ozmen Ventures, Schox Investments and Third Kind Venture Capital.

Continue reading “Bill Gates, NEO, Gigafund backing Luminous in photonics supercomputer moonshot” »