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Archive for the ‘finance’ category: Page 3

Jan 16, 2024

Bridging the Quantum “Reality Gap” — Unveiling the Invisible With AI

Posted by in categories: finance, quantum physics, robotics/AI

A study led by the University of Oxford has used the power of machine learning to overcome a key challenge affecting quantum devices. For the first time, the findings reveal a way to close the ‘reality gap’: the difference between predicted and observed behavior from quantum devices. The results have been published in Physical Review X.

Quantum computing could supercharge a wealth of applications, from climate modeling and financial forecasting, to drug discovery and artificial intelligence. But this will require effective ways to scale and combine individual quantum devices (also called qubits). A major barrier against this is inherent variability: where even apparently identical units exhibit different behaviors.

The cause of variability in quantum devices.

Jan 15, 2024

2024 Shipping Regulations Require Weather Intelligence

Posted by in categories: energy, finance, information science

Winter in the northern hemisphere is always a brutal reminder for the shipping industry that routing vessels efficiently is a big challenge. Winter storms bring low visibility conditions, freezing spray, and sea ice, all of which can lead to catastrophic results if not appropriately navigated, including lost cargo, damaged hulls and even potentially toppling a ship in the most extreme weather. But this January adds additional pressures to the sector with new and enacted regulations around greenhouse emissions and carbon usages. The beneficial news is that in both scenarios, weather intelligence can help those navigating the open seas better plan and safely and efficiently navigate these waters.

While most of us know that weather impacts nearly every aspect of shipping, we likely think of it in terms of safety of people and cargo. According to The Swedish Club 2020 loss prevention report, heavy weather is cited in half of all claims and contributes to 80% of the financial losses. Weather optimized routing uses real-time weather forecasts, oceanic data, and the vessel’s current position to keep captains at sea and voyage managers on land about changing conditions. If there is hazardous weather, most voyage routing algorithms can make numerous calculations in real time and provide one or more alternatives for a ship operator to optimize a route. While ultimately this may not be the most efficient route, it will likely be the safest route for current conditions.

Weather intelligence is also critical in evaluating, and potentially adjusting, greenhouse gas emissions based on vessel performance and fuel usage. The Carbon Intensity Indicator (CII) introduced in 2023 is a rating framework that evaluates how efficiently a ship transports goods or passengers from a carbon emissions standpoint. This is the first year that ships will be assigned a rating. The data from the previous year is used in an efficiency conversion ratio. Each ship is assigned an individual CII rating from A to E, with A being the best possible rank.

Jan 15, 2024

LG just opened its first EV charger manufacturing plant in the US

Posted by in categories: finance, sustainability, transportation

LG is already one of the most prolific EV battery manufacturers in the US, but it wants to build the devices that charge them, too. The company just opened just opened its first EV charger manufacturing facility in the US, a 59,000 square foot plant in in Fort Worth, Texas capable of manufacturing 10,000 units per year.

The company has already started to assemble 11kW home-style chargers there and will begin producing 175kW fast chargers in the first half of 2024. It plans to built 350kW ultra-fast chargers at some point this year designed for “commercial travel and long-distance transportation,” LG wrote.

The Korean company said it chose Texas as it had existing facilities there and because the state offers “excellent logistics and transportation networks and is home to major operations for companies in industries ranging from automobile manufacturing to finance” (GM, Toyota and Tesla all have vehicle assembly plants in the state).

Jan 14, 2024

Quantum mechanics uncovers hidden patterns in the stock market

Posted by in categories: economics, finance, particle physics, quantum physics

In the ever-evolving world of financial markets, understanding the unpredictable nature of stock market fluctuations is crucial. A new study has taken a leap in this field by developing an innovative quantum mechanics model to analyze the stock market.

This model not only encompasses economic uncertainty and investor behavior but also aims to unravel the mysteries behind stock market anomalies like fat tails, volatility clustering, and contrarian effects.

The core of this model is quantum mechanics, a pillar of physics known for explaining the behavior of subatomic particles.

Jan 13, 2024

The Future of Longevity: The Battle Against Human Aging (NFX Original)

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

Take a deep dive with NFX into the hottest longevity startups, exploring the mindset of the Founders and why they’re on a mission to keep healthy people healthy, to redesigned healthcare that prevents us from falling into disability and disease over time.

Solving this holds incredible financial and societal value — we have only a few decades left.

Continue reading “The Future of Longevity: The Battle Against Human Aging (NFX Original)” »

Jan 13, 2024

Solar-powered airship will circle the world non-stop without fuel

Posted by in categories: finance, solar power, sustainability, transportation

Zero-emissions long-distance aviation is absolutely possible… Provided you’re not in a hurry. Solar Airship One will take 20 days to fly all the way around the equator, some 40,000 km (~25,000 miles), in a single zero-emissions hop.

The 151-m (495-ft)-long airship will have its entire upper surface covered in solar film – some 4,800 square meters (51,700 sq ft) of it, or about nine-tenths of an NFL football field for those of you who prefer the standard units.

Continue reading “Solar-powered airship will circle the world non-stop without fuel” »

Jan 12, 2024

Biomedical Research and Longevity Society, Inc.

Posted by in categories: biotech/medical, cryonics, education, finance, government, life extension

(BRLS), formerly known as Life Extension Foundation, Inc., is one of the world’s leading providers of financial support for otherwise unfunded research in the areas of cryobiology, interventive gerontology and cryonics. During the last decade alone, BRLS awarded more than $100 million in grants to highly-specialized cryogenic research organizations.

BRLS is exempt from taxation under Internal Revenue Service code Section 501©(4)1, and is operated exclusively to promote social welfare through scientific research and education. BRLS was founded in 1977, and since then, we have awarded hundreds of grants to scientists throughout the United States who are personally committed to our mission. These dedicated professionals take extraordinary steps to make their research as cost-effective as possible. We are careful to commit our research dollars to projects that are difficult or impossible to fund through government and institutional grants or other sources.

Jan 12, 2024

Biomedical Research & Longevity Society (BRLS)

Posted by in categories: biotech/medical, cryonics, finance, life extension

Nonprofit organization, whose goal is the extension of the healthy human lifespan

Biomedical Research and Longevity Society, Inc. (BRLS), formerly known as Life Extension Foundation, Inc., is one of the world’s leading providers of financial support for otherwise unfunded research in the areas of cryobiology, interventive gerontology and cryonics. During the last decade alone, BRLS awarded more than $100 million in grants to highly-specialized cryogenic research organizations.

Visit website: https://www.brlsociety.org/.

Jan 12, 2024

Food Waste Costs the World’s Economy $1T Each Year

Posted by in categories: economics, finance, food

With better food preservation and factories that are more precise along with more upgrades to the global supply line we could even eliminate poverty with the food that is wasted.


It is estimated that 1.3 billion metric tons of food are lost or wasted annually, translating to a financial loss of $1 trillion (USD) per year. And without significant changes, this problem is expected to grow to 2.1 billion metric tons and $1.5 trillion by 2030.

Staggering as these numbers might be, they do not take into account the hidden costs of food production, including labor, storage and salvage or the costs related to customer dissatisfaction, lost opportunities, and inventory/stocking level imprecision.

Continue reading “Food Waste Costs the World’s Economy $1T Each Year” »

Jan 11, 2024

Cancer Treatment: Can Less Be More?

Posted by in categories: biotech/medical, finance

AN EXTRAORDINARY WAVE OF PROGRESS against cancer has occurred in the United States over the past three decades. From its peak in 1991, cancer mortality has declined by more than a third. Smoking cessation, human papillomavirus (HPV) vaccination, improved cancer screening and better cancer treatments are poised to push cancer deaths even lower. In 2022, this prompted President Joe Biden to reignite the Cancer Moonshot launched in 2016 with a goal of reducing cancer death rates even further—cutting them in half over the next 25 years.

With growing success in the treatment of many cancers has come a reexamination of the profound impact cancer treatment has on those with the disease. A cancer survivor faces a plethora of physical, emotional, social and financial challenges. Surgery, radiation therapy, chemotherapy and immunotherapy are all plagued by short-term toxicities and longer-term complications that can dominate life during and after cancer treatment and impinge upon its quality.

Fortunately, the same detailed knowledge of cancer genes and gene programs that has led to spectacular advances in cancer treatment may also improve cancer survivorship. Molecular profiling of individual cancers is now commonly used in cancer treatment planning. Breast cancer, long known to be a highly heterogeneous collection of diseases, provides a compelling example. For many years, testing breast tumor tissues for the presence of the estrogen receptor (ER), the progesterone receptor (PR) and the human epidermal growth factor receptor 2 (HER2) has been essential to steering women with breast cancer toward or away from endocrine therapies or agents like Herceptin (trastuzumab) that bind to HER2. Newer molecular profiling tools—including Oncotype DX, MammaPrint, Breast Cancer Index, EndoPredict and the Prosigna Breast Cancer Prognostic Gene Signature Assay—have further refined and individualized breast cancer treatment decision-making.

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