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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

NSussman Techcrunch Exchange v3 GRY2This year is supposed to be a venture-capital wasteland, especially when compared to 2021’s cycle-topping excess. And yet.

New data from PitchBook providing a first look at Q3 2022 venture capital aggregates in the United States make it a bit hard to square reality with the leading narrative. Data indicate that U.S. venture capital was perfectly healthy in the third quarter, and 2022 has been a good year.

Image: https://techcrunch.com

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Building 1011876 1280Microsoft Corp. today open-sourced FarmVibes.AI, a collection of artificial intelligence models that farm operators can use to perform tasks such as planting crops more efficiently.

FarmVibes.AI is one of several technologies that Microsoft has developed as part of an initiative dubbed Project FarmVibes. According to the company, the initiative seeks to use software and connected devices such as sensors to enable more efficient farming. Microsoft eventually plans to open-source all the technologies it has developed as part of Project FarmVibes.

Image: https://commons.wikimedia.org/wiki/File:Microsoft_buildings_EU.jpg

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A compound in the venom called melittin could destroy breast cancer cells within an hour.  (CREDIT: Creative Commons)The cancer community is buzzing over a new study that says venom from bees can kill cancer cells.

Scientists at the Harry Perkins Institute of Medical Research in Western Australia tested venom from more than 300 honeybees and bumblebees against two types of aggressive, hard to treat breast cancer: triple negative and human epidermal growth factor receptor 2 (HER2) enriched. They found that a compound in the venom called melittin could destroy breast cancer cells within an hour, without causing harm to other cells.

Image: A compound in the venom called melittin could destroy breast cancer cells within an hour. (CREDIT: Creative Commons)

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Close up view of human eye with data illustration 2022 02 06 04 40 47 utcA team of researchers in the UK has developed a fully automated artificial intelligence-enabled system that can scan retinal images for vascular health, helping identify those at high risk of heart disease and stroke.

The old adage "the eyes are windows to the soul" isn’t that far off when considering how much one can infer about a person’s general health by studying their eyes. Diseases such as rheumatoid arthritis and hyperthyroidism can be detected in the eyes, and recent innovations suggest neurodegenerative diseases like Alzheimer’s and Parkinson’s could be diagnosable through retinal scanning.

 

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Arnaub Chatterjee BLAB rev1200The last five years have seen large innovations throughout drug development and clinical trial life cycles—from finding a target and designing the trial, to getting a drug approved and launching the drug itself. The recent use of mRNA vaccines to combat covid-19 is just one of many advances in biotech and drug development.

Whether in preclinical stages or in the commercialization of a drug, AI-enabled drug development is now used by an estimated 400 companies and has reached a $50 billion market, placing AI more firmly in the life sciences mainstream.

 

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Italian Startup Jetson Says No Pilot License Needed for Vespa for the Sky Flipboard 🔊Italian startup Jetson, the flying electric vehicle producer, has raised $10 million in its latest funding round. Peter Ternström, co-founder and president of Jetson, joined Cheddar News to discuss making the skies available to the public with its personal transport drone. "We intend to make a lot of Jetson One(s)," he said. "We're talking about tens of thousands of units."

Image: https://flipboard.com - From Video

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EBW9RBThe hottest place in our solar system is not the Sun, as you might think, but a machine near a south Oxfordshire village called Culham. Housed inside a vast hangar, it’s a nuclear fusion experiment called JET, or Joint European Torus. When operating, temperatures here can reach 150 million degrees Celsius – ten times hotter than the centre of the Sun. On December 21st 2021, JET set a new record by producing 59 megajoules of sustained energy through a process known as nuclear fusion.

Image: The JET device has been operating at Culham since 1983. - https://www.nationalgeographic.co.uk

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Businessman using wheelchair in office 2022 01 27 21 11 16 utcEmployee engagement has reached frightening lows in just about every industry, which understandably has leaders deeply worried and looking for answers to see them through the Great Reshuffle. All of this trouble started, so the logic often goes, when the pandemic forced many into remote work and we stopped being together. Surely bringing people back to working side by side and returning to in-person gatherings like learning events is the magical solution. Right?

 

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Green laser light illuminates a metasurface that is a hundred times thinner than paper, that was fabricated at the Center for Integrated Nanotechnologies. CINT is jointly operated by Sandia and Los Alamos national laboratories for the Department of Energy Office of Science. (CREDIT:  Craig Fritz)Artificial intelligence presents a major challenge to conventional computing architecture. In standard models, memory storage and computing take place in different parts of the machine, and data must move from its area of storage to a CPU or GPU for processing.

Image: Green laser light illuminates a metasurface that is a hundred times thinner than paper, that was fabricated at the Center for Integrated Nanotechnologies. CINT is jointly operated by Sandia and Los Alamos national laboratories for the Department of Energy Office of Science. (CREDIT: Craig Fritz)

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Cursor and U S Department of Commerce Announces 51 Build to Scale Grants Totaling 47 Million to Fuel Innovation and Tech Based Economic Development U S Economic Development AdministrationWASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding 51 “Build to Scale” grants – totaling $47 million – to organizations that support technology entrepreneurs, catalyze innovation and fuel economic growth.

EDA’s “Build to Scale” program provides annual grants that aim to accelerate technology entrepreneurship by increasing inclusive access to entrepreneurial support and startup capital. The 2022 awardees will leverage an additional $48 million in matching funds from a variety of private and public sector sources. These EDA investments support advanced manufacturing, bioscience, clean energy and blue economy clusters in regions throughout the United States.

 

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Cursor and New Fully Electric Device Collects 100 Pounds of Garbage at a Time From Bays and Harbors One Green PlanetThe robot was created by college students from Cincinnati to help harbors and marinas clear up debris and hopefully prevent plastic waste from making it to the ocean.

“We have to start removing plastics from the water stream,” said Daryl Henline, harbor master at Point San Pablo. “It’s great if we could get rid of plastics at the source. But we know they end up in the water.”

The device, which has been referred to as a Roomba for the water, was created by the startup Clean Earth Rovers. 

 

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960x0NEW YORK – OCTOBER 6, 2022 – Forbes today unveiled its second annual “50 Over 50” List, produced in partnership with Mika Brzezinski, co-host of MSNBC’s “Morning Joe,” and her “Know Your Value” platform. Expanded since the lists inception, the 2022 list spotlights 200 dynamic female entrepreneurs and leaders over the age of 50 who have achieved significant success later in life, often overcoming formidable odds or barriers.

Image: Forbes Announces 2022 50 Over 50 ListFORBES

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