Databricks Secures $10 Billion Funding, Reaches $62B Valuation
Why it matters: Databricks secures $10B funding, reaching a $62B valuation, revolutionizing AI, data analytics, and innovation globally.
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Why it matters: Databricks secures $10B funding, reaching a $62B valuation, revolutionizing AI, data analytics, and innovation globally.
The electronics industry is approaching a limit to the number of transistors that can be packed onto the surface of a computer chip. So, chip manufacturers are looking to build up rather than out. Instead of squeezing ever-smaller transistors onto a single surface, the industry is aiming to stack multiple surfaces of transistors and semiconducting…
Generative AI has made impressive strides in recent years. It can write essays, create art, and even compose music. But when it comes to getting facts right, it often falls short. It might confidently tell you that zebras live underwater or that the Eiffel Tower is in Rome. While these mistakes might seem harmless, they…
Before the tractor was invented, farmers worked their land tirelessly alongside beasts of burden such as horses and mules that required six acres of land for feed, per animal, each year. Fearing change, job replacement, or cost, farm owners didn’t exactly rejoice and were generally skeptical of the tractor. Still, its use eventually became standard…
Steve Herne is a distinguished professional with over 25 years of experience in the pharmaceutical research and development industry. Throughout his career, he has held leadership roles at notable companies such as WCG, Bioclinica, ERT, Icon Development Solutions, Covance, MDS Pharma Services, and Inveresk Research. In these positions, Herne excelled in driving long-term growth, providing…
AI is a two-sided coin for banks: while it’s unlocking many possibilities for more efficient operations, it can also pose external and internal risks. Financial criminals are leveraging the technology to produce deepfake videos, voices and fake documents that can get past computer and human detection, or to supercharge email fraud activities. In the US…
Ofer Haviv is the CEO and President of Evogene. Prior to this role, he served as the company’s COO and CFO from 2002 to 2004 and played a key role in Evogene’s spin-off from Compugen in 2002. At Compugen, he held the position of Director of Finance and Treasurer for four years, during which time…
At an early age, Katie Spivakovsky learned to study the world from different angles. Dinner-table conversations at her family’s home in Menlo Park, California, often leaned toward topics like the Maillard reaction — the chemistry behind food browning — or the fascinating mysteries of prime numbers. Spivakovsky’s parents, one of whom studied physical chemistry and…
MIT scientists have released a powerful, open-source AI model, called Boltz-1, that could significantly accelerate biomedical research and drug development. Developed by a team of researchers in the MIT Jameel Clinic for Machine Learning in Health, Boltz-1 is the first fully open-source model that achieves state-of-the-art performance at the level of AlphaFold3, the model from Google…
Why it matters: Understanding A.I. thought processes, reasoning methods, and decision-making impact on industries and daily life.