Tue, April 16, 2024

Technology

Ozempic’s 24% Kidney Risk Reduction: A 2024 Milestone

Quick Look Ozempic demonstrated a 24% decrease in kidney disease complications risk. Plans for regulatory submissions in the U.S. and Europe in 2024 for expanded use. FLOW trial enrolled 3,533 participants, showing significant statistical results. Ozempic’s 2023 revenue hit 95.7 billion Danish kroner, up 60% from the previous year. Despite a nearly 3% stock drop …

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Elon Musk sues OpenAI

Musk vs. OpenAI: Allegations & Industry Impact

Quick Look Elon Musk files lawsuit against OpenAI and Sam Altman, alleging contract violations and deviation from nonprofit mission. OpenAI faces multiple lawsuits and regulatory scrutiny, including from the FTC, the EU, and the SEC. Musk accuses OpenAI of prioritizing profits over humanity, echoing concerns over artificial general intelligence (AGI). The legal battle sheds light …

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Anyone can program with the help of AI

Cognito: $128M Boost in Fight Against Alzheimer’s by 2025

Quick Look Innovative Approach: Utilization of 40-Hz audiovisual stimuli to combat Alzheimer’s by enhancing the brain’s glymphatic clearance. Preclinical Success: MIT studies on mice show a significant reduction in beta-amyloid plaques and tau tangles. Clinical Trials Underway: Cognito Therapeutics leads with a pivotal trial, aiming for FDA submission by 2025. Product Development: Introduction of Spectris …

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Tractable raises $60M to grow in accident - robot recovery

RT-X: A Leap in Robotics with 50% Performance Boost

Quick Look Initiation of RT-X Project: Launched in 2023, this global collaboration aims to forge a general-purpose robotic brain. The project involves Google, the University of California, Berkeley, and 32 other robotics labs. Core Challenge: Overcoming the generative AI application gap in robotics due to the scarcity of Internet-derived robotic-interaction data. Key Findings: A single …

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BYD stops producing full combustion engine cars

$30M DOE Boost for Electric Vehicle Battery Tech & Market Shifts

Quick Look Introduction of smart charging stations with advancements in technology and accessibility. The role of commercial electric vehicle charging in supporting urban development and sustainable travel. Economic and social benefits spurred by the growth of EV charging infrastructure. U.S. DOE invests $30 million in the CIRCULAR program to enhance EV battery technology. Industry challenges …

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$218M Odysseus: Lessons from Moon’s Economic Frontier

Quick Look NASA and Intuitive Machines sponsored the Odysseus Moon Lander. It marks a significant milestone as the first-ever privately owned US lander on the moon since 1972. Odysseus experiences a sideways touchdown due to an uneven lunar surface. However, the mission’s technical challenges offer parallels to navigating the global economy. With a combined investment …

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Samsung Galaxy Ring: Revolution in Health Tech Unveiled

Quick Look Samsung introduced the innovative Galaxy Ring at MWC 2024, featuring advanced health tracking and AI capabilities. The Galaxy Ring offers 24/7 heart rate monitoring, SpO2, sleep monitoring, and fitness tracking. It might include blood pressure monitoring soon. Samsung’s AI expansion plans include extending Galaxy AI features across a wide range of devices, including …

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The billionaire seeks people for a trip around the moon

Odysseus’ 2024 Moon Landing: Pioneering Private Lunar Missions

Quick Look Intuitive Machines’ Nova-C lander, Odysseus, achieved the first private and American soft lunar landing since 1972 on February 22. Innovative solutions helped to overcome the technical challenges, including laser rangefinder issues, ensuring the mission’s success. The mission, part of NASA’s CLPS program, carried significant payloads from both NASA and non-NASA entities. Previous attempts …

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Musk Calms Investors Despite Negative Cash Flow

Neuralink’s First Successful Human Chip Implant

Quick Look Neuralink received FDA approval for human trials in 2024, marking a significant milestone in brain-computer interface technology. The first human trial participant successfully had a Neuralink chip implanted in January 2024. The device shows potential in controlling a computer mouse through thought. Elon Musk announced Neuralink’s first product, “Telepathy,” enhancing prospects for treating …

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Wibest – Microsoft

Microsoft’s $69B Activision Buy Redefines Console Wars

Quick Look Microsoft acquires Activision Blizzard for $69 billion, marking a significant shift in console war dynamics. Sony responds with the acquisition of Bungie, intensifying the battle for top developers. Microsoft’s revenue in the personal computing segment, including Xbox, surged by 19% to $16.89 billion in Q4 2023. Microsoft announces the end of certain Xbox …

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Signage of Apple company in front of apple store.

1,000+ Apps Fuel Vision Pro’s Mixed Reality Leap

Quick Look Over 1,000 apps are now available on the App Store for Apple Vision Pro, just two weeks post-launch. The initial launch featured 600 apps; major tech firms like Microsoft, Zoom, and Webex quickly adapted. Spatial versions of native apps and significant support from enterprise sectors, including healthcare. Netflix, YouTube, and Spotify are still …

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Digital Coins: Gemini logo on the screen smartphone with bitcoin on side.

Gemini 1.5 Pro: Human-Parity in Kalamang Translation

Quick Look Jeff Dean announced the launch of Gemini 1.5 Pro, featuring ultra-low resource translation capabilities for endangered languages, including Kalamang. Gemini 1.5 Pro achieved human parity in the MTOB benchmark, translating English to Kalamang with exceptional accuracy. Outperforming OpenAI’s Whisper exhibits superior audio comprehension, especially in long-context audio up to 105 minutes. Launched just …

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Sora: Revolutionizing AI with 60-Second Photoreal Videos

Quick Look Sora introduces photorealistic videos up to 60 seconds with advanced diffusion model technology. Demonstrations showcase capabilities from historical recreations to dynamic urban scenes, highlighting both potential and current limitations. Not yet public, Sora prioritizes safety and ethical considerations amidst growing concerns over AI-generated content. Competing with industry giants, Sora’s unique features stir significant …

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Microsoft Online Services VS Crypto Mining

EU’s Tech Leeway & Microsoft’s €3.2B German Bet

Quick Look EU rules favour Apple and Microsoft, avoiding interoperability mandates and stricter controls. Decisions highlight the EU’s commitment to fair competition, innovation, and consumer choice in the digital market. Microsoft announces a significant investment of 3.2 billion euros in Germany, emphasizing artificial intelligence. The European Union (EU) has adopted a firm yet balanced approach …

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Anyone can program with the help of AI

AI Industry’s Impact: Trends, Growth, & Future Outlook

The artificial intelligence (AI) revolution is gaining momentum, leading an increasing number of companies across various sectors to position themselves as AI stocks. Tech giants such as Nvidia, Microsoft, Alphabet (Google’s parent company), Apple, Adobe, and Workday are spearheading this trend, each staking a claim in the AI domain. However, this raises important questions about …

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