Author: Carter

Insider Brief Japan plans to allocate about ¥400 billion ($2.6 billion) in a supplementary budget to advance quantum technology, artificial intelligence and nuclear fusion, according to The Japan News. Roughly ¥130 billion ($855 million) will support quantum research, including new R&D bases at AIST and enhanced collaboration among domestic hubs. Additional funding includes about ¥190 billion ($1.25 billion) for AI initiatives and more than ¥100 billion ($660 million) for fusion research and related startup support. Japan is preparing a major funding surge for quantum technology, artificial intelligence and nuclear fusion as it tries to secure an edge in fields that…

GSK and the Fleming Initiative have set six challenges, using AI to find new antibiotics, predict global spread and out-pace drug resistant infections

Already worth billions of dollars, the global surgical robotics market will double by 2029, according to a new MassDevice report. Our latest Medtech Market Intelligence Report is nearly 100 pages and authored by Gayle Grimes, veteran editor and analyst. It provides forecasts for inside and outside the United States, as well as major companies in the space including Intuitive, Stryker, Zimmer Biomet, Johnson & Johnson, Globus Medical, Smith+Nephew, CMR Surgical, Medtronic, MicroPort, Karl Storz/Asensus Surgical, and more. With its launch last year of the next-generation da Vinci 5 multiport robot, Intuitive has solidified its position in the surgical robotics market…

Artificial intelligence has already changed the way many industries operate, and hedge funds are no exception.The $5 trillion field is diverse in the type of strategies different firms employ and the type of securities they invest in. But everyone wants to be the smartest manager in the world — or at least the best-informed.To do that, funds have pumped resources into building out generative AI capabilities and use cases. Many firms, especially quantitative traders, are expanding initiatives they were already pursuing in areas such as machine learning. And nearly every firm is putting capital behind the trend that has dominated…

OpenNebula has announced a partnership with Canonical. The partnership will enable Open Nebula customers to leverage Ubuntu Pro as a built-in,

Here’s a curious thing about people, sometimes we crave the familiar, and sometimes we demand the novel.

Swiss-based earthmoving autonomy platform Gravis Robotics has secured $23 million in fresh funding, co-led by IQ Capital and Zacua Ventures, with participation from Pear VC, Imad (CVC of Nesma & Partners), Sunna Ventures, Armada Investment and Holcim. Alongside the funding, the company has announced a series of new industry partnerships that further strengthen its position in the effort to transform global construction. Founded in late 2022 as a spinout from ETH Zurich, Gravis addresses key structural challenges in the construction sector (rising demand, declining productivity and an ageing workforce) by focusing on improving output rather than overhauling existing processes. Leveraging…

Wessex Water’s decade-long push to upgrade customers to smart meters has taken another major step forward following the announcement of a long-term collaboration with Honeywell. The agreement, a contract of up to 15 years, will see the global technology company deliver meters and the accompanying smart technology and communication system that provides consumption data for each customer, as the water provider sets about its ambitious programme to install a smart meter in every home in its region by 2035. The switch to the modern meters will allow customers of the water provider in the south west of England to access…

Sweden is deepening its partnership with the Philippines to promote smart, green mining through technology, training, and industry–academic collaboration. Sweden has reaffirmed its support for green mining in the Philippines at a major industry conference. Team Sweden launched new initiatives during the 71st Annual National Mine Safety and Environment Conference in Baguio City. Business Sweden and Apex Mining have signed a memorandum of understanding on smart and sustainable mining technologies. The partnership will give Apex access to Swedish digital systems that improve safety, efficiency, and environmental performance. Apex and Swedish company Epiroc are piloting Radlink, the Philippines’ first wireless underground…

Mounting personal liability, regulatory complexity and chronic burnout are creating an exodus of experienced cybersecurity leaders. This brain drain threatens to leave organizations vulnerable at a time when cyber threats are reaching critical levels. While CISO burnout is not a new crisis, in fact it has been a hot topic globally for many years – the crisis has escalated and the high number of departing CISOs are leaving a widening experience gap. A dangerous concoction of personal liability, mental health strain and intensified regulatory pressure has made the CISO position untenable for many seasoned experts. The Personal Liability Crisis With…