Lifeboat Foundation

In February, a group of 16 researchers from Harvard, MIT, and other institutions around the U.S. and Europe launched the nonprofit Academy for Health and Lifespan Research to promote future work, ease collaborations between scientists, and ensure that governments and corporations are making decisions based on the latest facts instead of rumor, speculation, or hype.

Research into extending humanity’s healthy lifespan has been progressing rapidly in recent years. In February, a group of aging and longevity scientists founded a nonprofit to foster the work and serve as a resource for governments and businesses looking to understand the potentially far-reaching implications of a population that lives significantly longer, healthier lives.

Cognitive computing (CC) technology revolves around making computers adept at mimicking the processes of the human brain, which is basically making them more intelligent. Even though the phrase cognitive computing is used synonymously with AI, the term is closely associated with IBM’s cognitive computer system, Watson. IBM Watson is a supercomputer that leverages AI-based disruptive technologies like machine learning (ML), real-time analysis, natural language processing, etc. to augment decision making and deliver superior outcomes.

So far, no one has commercialized nuclear fusion, but the race is on to be the first to figure it out. Whoever does will be able to bring power to the more than 1 billion who don’t have access to electricity, power cars and help companies operate businesses without having to create harmful emissions.

Jeff Bezos and others have sunk more than $127 million into General Fusion, a start-up trying to commercialize fusion energy. Microsoft is partnering with the company. The goal: to provide energy to 1 billion people that don’t have electricity.

These days, it seems anyone wanting to launch rockets will inevitably be compared to Elon Musk and Jeff Bezos, especially if rocket launching isn’t the only business interest on the agenda. Musk has Tesla plus SpaceX, and Bezos has Amazon plus Blue Origin. Now, meet Mark Russell, a disciple of Bezos and rocket engineer who founded HyperSciences, a drilling company that uses aerospace technology to both quickly extract underground geothermal energy and put payloads into orbit at low cost.

The idea of leveraging Earth’s geothermal energy is not a new concept, but the expense and time required to reach the depth needed have been prohibitively expensive. That’s where HyperSciences comes in.

Russell and his team have developed a low-cost, multi-purpose projectile called the HyperDrone that can accelerate to velocities over five times the speed of sound and pulverize hard rock via their HyperDrill. This will enable tunneling speeds that are 5–10 times quicker than conventional methods, and more importantly, it opens up significant market viability in other industries that could benefit, namely when that acceleration is pointed skyward. NASA has already recognized this potential and is a current investor and major partner of HyperSciences.

Artificial intelligence and its subset of disciplines—such as machine learning, natural language processing, and computer vision —are seemingly becoming integrated into our daily lives whether we like it or not. What was once sci-fi is now ubiquitous research and development in company and university labs around the world.

Similarly, the startups working on many of these AI technologies have seen their proverbial stock rise. More than 30 of these companies are now valued at over a billion dollars, according to data research firm CB Insights, which itself employs algorithms to provide insights into the tech business world.

Continue reading “The World’s Most Valuable AI Companies, and What They’re Working On” »

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