It now costs between $3bn-4bn to build a silicon chip fabrication plant (fab plant), and consequently, there are relatively few fabs around the world.-from 2019.
UK companies get ahead of the curve with investments in R&D and fabrication infrastructure for next-gen electronics. Andy Sellars, Chief Business Development Officer, UK Catapult, explains the strategy.
Artificial intelligence (AI) and quantum computing require compound semiconductors to achieve full commercialisation.
As we look back at 2022, it’s clear that the field of artificial intelligence (AI) has made some very important strides. From breakthroughs in natural language processing and computer vision to improved adoption of AI by businesses, we’ve seen several milestones.
It’s no doubt that AI will continue its explosive growth into 2023. However, given the rapid pace of change, it’s important to separate meaningful advancements from distracting fads.
What are the top AI trends and fads for 2023? What’s one thing business leaders must stop doing to unlock business value from AI? Hear predictions from 10 experts, including ChatGPT AI!
Could the AI bot one day replace the search engine?
Three weeks ago, an artificial intelligence research laboratory, Open AI, unveiled its experimental chatbot ChatGPT. Though far away from perfection, a look at its capabilities has been sufficient to send a red alert to Google about how AI can upend its business. Sundar Pichai, the CEO at Alphabet, Google’s parent company, has now directed multiple groups to focus on addressing this threat, Business Insider.
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The major reason Google does this is that it presents it with an opportunity to also display ad links, which results in revenue for the company. According to an Insider report, Google’s ad business generated revenue of US$208 billion in 2021 alone and accounted for 81 percent of Google’s earnings.
For 70-year-old Lizy John from Bengaluru, Karnataka, nurturing a lush vegetable and fruit garden on her terrace has been highly rewarding and satisfying. Without a second thought, she credits her passion for farming to be the sole reason for staying healthy and energetic even at this age.
After running a snacks business for over 25 years, she decided to retire and focus on expanding her farming venture. Though there wasn’t enough space, she says that it wasn’t a challenge at all.
“Though we have a 1,200 sqft terrace, I grow my veggies in less than 1,000 sqft, as the solar panels and water tanks consume the rest of the space. But it was more than enough for me. I admit that I am happier and at peace ever since I started growing my own food at home,” Lizy tells The Better India.
Famed anti-aging research pioneer David Sinclair took to twitter earlier this week to formally respond to allegations of unethical business practices and government overreach concerning the recent ban of the popular anti-aging supplement, NMN.
The three major lessons on energy security.
On October 19, European Commission president Ursula von der Leyen announced that the EU had replaced two-thirds of its Russian gas imports since February by switching to other suppliers. Such a turnaround seemed unattainable last spring when the invasion of Ukraine turned Moscow from an EU business partner into a military threat.
Despite the EU’s reduction of its energy dependence on Russia, there is work to be done in the long term. To achieve autonomy from Russian energy, the Union could learn from the experience of one of its members, Lithuania – a country which, since declaring its independence from the USSR in 1990, has been able to adapt to a complex geopolitical context to ensure its energy security.
The Lithuanian case has three major lessons.
Lesson 1: Don’t give up nuclear power
Lithuania’s path to energy independence has not been easy.
Chemist Martial Gervais Oden-Bella developed a method for recycling used cooking oil by turning it into soap! Not only is he helping the environment, but he’s made a profitable business in the process.
In Cameroon, people were tossing the used oil down the drain, which can pollute water treatment systems and the environment. When the oil ends up in the environment, it’s harmful and toxic to wildlife. Now the businesses (restaurants and hotels in the southwestern city of Douala) save the used oil to give to Oden-Bella, who turns it into soap and other cleaning products.
Oden-Bella was inspired to come up with a solution to the oil problem after hotel officials consulted with him about the massive amounts of oil their business was using and inappropriately discarding. They admitted to releasing the cooking waste into the environment but said they were concerned about the harmful effects their actions could cause.
The United Kingdom government has announced that Virgin Atlantic will fly a historic net zero London-New York flight in 2023.
“For decades, flying from London to New York has symbolized aviation’s ability to connect people and drive international progress. It’s now going to be at the forefront of cutting carbon emissions from flying,” said British transport secretary Mark Harper.
“Not only will this flight pave the way for future generations, but it will demonstrate just how much we can achieve when we work together on a shared goal — bringing together some of the best businesses and academics in the world and led by a British airline.”
Rolls-Royce Trent 1,000 engines will power the airline’s flagship Boeing 787s as they fly from London Heathrow to New York.
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Boarding1Now/iStock.
AI is used by the robotic solution to swiftly adapt to all types of blades used in the sector.
Danish energy solutions provider Vestas has unveiled BladeRobots as a stand-alone business with an automated robotic technology solution for the maintenance of wind turbines.
The robot performs automated blade-leading edge maintenance up to “four times faster” than traditional manual methods, according to a press release by the company published on Wednesday.
Many investors are jumping to inject money into the startup.
Bill Gates and Jeff Bezos-backed foundations (Gates Frontier and Bezos Expeditions) have joined other companies in investing $75 million in Synchron, the endovascular brain-computer interface (BCI) company, according to a press release by the organization published on Thursday. This is a Series C financing round led by ARCH Venture Partners that brings the total amount raised since inception to $145 million.
Many investors on board.
Additional companies investing are Reliance Digital Health Limited, Greenoaks, Alumni Ventures, Moore Strategic Ventures, and Project X join ARCH as new additional investors.
Synchron through Business Wire.
The funding will serve to support and promote the development of Synchron’s first platform product (Synchron Switch BCI), as well as the beginning of a pivotal clinical trial.
