DeepMind

An AI tool for predicting protein shapes could be transformative for medicine, but it challenges science’s need for proof

Retrieved on: 
Sonntag, Juni 2, 2024

So being able to predict their 3D structures offers windows into the processes inside living things, including humans.

Key Points: 
  • So being able to predict their 3D structures offers windows into the processes inside living things, including humans.
  • The first version of DeepMind’s AI tool was unveiled in 2018.
  • In other words, how could anyone know whether what was predicted matched the real-life protein without experimental verification?
  • However, AlphaFold2 was not designed to address something called the quaternary structure of proteins, where multiple protein subunits form a larger protein.
  • And some researchers reported that it sometimes appeared to have difficulty predicting structural elements of proteins known as coils.
  • If we can, its speed and accuracy could have a major effect on areas such as drug development.
  • For the first time, with AlphaFold3, we may have cleared the most significant hurdle in the protein prediction revolution.

Recursion Provides Business Updates and Reports First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, Mai 9, 2024

L(earnings) Call: Recursion will host a L(earnings) Call on May 9, 2024 at 5:00 pm Eastern Time / 3:00 pm Mountain Time.

Key Points: 
  • L(earnings) Call: Recursion will host a L(earnings) Call on May 9, 2024 at 5:00 pm Eastern Time / 3:00 pm Mountain Time.
  • Revenue: Total revenue was $13.8 million for the first quarter of 2024, compared to $12.1 million for the first quarter of 2023.
  • Research and Development Expenses: Research and development expenses were $67.6 million for the first quarter of 2024, compared to $46.7 million for the first quarter of 2023.
  • Net Loss: Net loss was $91.4 million for the first quarter of 2024, compared to a net loss of $65.3 million for the first quarter of 2023.

Milestone Systems to Showcase Latest Video Innovations at Toronto Xperience Day

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Dienstag, Mai 7, 2024

TORONTO, May 7, 2024 /PRNewswire-PRWeb/ -- Milestone Systems, a global leader in video technology, is at the forefront of the video security industry, emphasizing responsible technology innovation across its operations. The company will host this free, one-day event on May 7 in Toronto. Geared to IT leaders and security professionals, the day will feature engaging presentations from Milestone's technology partners across key industries such as education, healthcare, city surveillance, and hospitality. Attendees will gain insights into the latest developments in AI technologies, cloud video strategies, and Milestone's newest product offerings.

Key Points: 
  • Milestone Systems is hosting an "XPerience Day" in Toronto, Canada to highlight the latest trends and responsible innovations in video security.
  • TORONTO, May 7, 2024 /PRNewswire-PRWeb/ -- Milestone Systems, a global leader in video technology, is at the forefront of the video security industry, emphasizing responsible technology innovation across its operations.
  • Attendees will gain insights into the latest developments in AI technologies, cloud video strategies, and Milestone's newest product offerings.
  • For more information and to register for this complimentary event, please visit the Milestone Systems' Toronto XPerience Day web page.

Oracle and Reka Collaborate to Advance AI Innovation

Retrieved on: 
Donnerstag, April 18, 2024

AUSTIN, Texas, April 18, 2024 /PRNewswire/ -- Reka, an AI research and product company, has selected Oracle Cloud Infrastructure (OCI) to support its mission to advance science and build generative AI models for the benefit of humanity and enterprises. Working in collaboration with Oracle, Reka will also make its multimodal models, supporting over 20 languages and trained on OCI AI Infrastructure powered by NVIDIA GPUs, available in the Oracle Cloud Marketplace.

Key Points: 
  • Working in collaboration with Oracle, Reka will also make its multimodal models, supporting over 20 languages and trained on OCI AI Infrastructure powered by NVIDIA GPUs, available in the Oracle Cloud Marketplace .
  • "We are partnering with Oracle to bring the power of generative AI to more organizations around the world," said Dani Yogatama, chief executive officer and co-founder, Reka.
  • By working with Oracle, Reka plans to continue to expand its global reach and advance its focus on enterprise-grade AI products and solutions.
  • Reka Core and Reka Flash models will be available through Oracle Cloud Marketplace, a centralized repository of enterprise applications offered by Oracle and Oracle partners, via private offers.

Boasting Highest Number of Unicorns in Europe, the U.K. Celebrates Startups with Limited-Time Statue in New York City

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Mittwoch, März 27, 2024

GREAT’s Ever-Changing Statue, created by British company HYPERVSN, serves as a monument to the Unicorn Kingdom, GREAT’s campaign to highlight the U.K.’s world-leading tech ecosystem.

Key Points: 
  • GREAT’s Ever-Changing Statue, created by British company HYPERVSN, serves as a monument to the Unicorn Kingdom, GREAT’s campaign to highlight the U.K.’s world-leading tech ecosystem.
  • See a full list of all founders featured on the statue here .
  • The country has generated more unicorn companies than France and Germany combined, with particular strengths in artificial intelligence, fintech, health and biotech.
  • Though the number of unicorns worldwide has increased to over 1,000, unicorns still represent less than 1% of all venture-backed startups .

Fetch.ai, Ocean Protocol and SingularityNET Unite to Create Artificial Superintelligence Alliance

Retrieved on: 
Mittwoch, März 27, 2024

SingularityNET (SNET), the world's first decentralized Artificial Intelligence (AI) network, Fetch.ai, a Web3 platform for the new AI economy, and Ocean Protocol, a decentralized data exchange platform to protect data, today announced the launch of the Artificial Superintelligence Alliance.

Key Points: 
  • SingularityNET (SNET), the world's first decentralized Artificial Intelligence (AI) network, Fetch.ai, a Web3 platform for the new AI economy, and Ocean Protocol, a decentralized data exchange platform to protect data, today announced the launch of the Artificial Superintelligence Alliance.
  • Dr. Ben Goertzel, renowned as the “Father of AGI”, founded SNET as a blockchain-based marketplace and framework for AI services.
  • This Superintelligence Alliance facilitates the commercialization of each foundation’s technology, and enables wide scale access to cutting-edge AI platforms and large databases.
  • Upon closing of this token merger, a governing council for the Artificial Superintelligence Alliance will form to monitor and guide operations of the newly merged tokenomic network.

AI may develop a huge carbon footprint, but it could also be a critical ally in the fight against climate change

Retrieved on: 
Freitag, April 5, 2024

As AI plays a greater role in our lives, it will need enormous amounts of computing power and data storage.

Key Points: 
  • As AI plays a greater role in our lives, it will need enormous amounts of computing power and data storage.
  • However, the truth is more nuanced, since artificial intelligence could also be a problem solver, making a significant contribution to tackling climate change.
  • One way AI could help is by improving our understanding of the underlying science of climate change.
  • However, climate change is our greatest challenge and AI could be a valuable ally if we can find solutions that offset its downsides.

Recursion Announces Plans to Open New Office in London

Retrieved on: 
Montag, März 11, 2024

LONDON, March 11, 2024 (GLOBE NEWSWIRE) -- Recursion (Nasdaq: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced plans to open a new office in London’s vibrant King’s Cross neighborhood.

Key Points: 
  • LONDON, March 11, 2024 (GLOBE NEWSWIRE) -- Recursion (Nasdaq: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced plans to open a new office in London’s vibrant King’s Cross neighborhood.
  • "London stood out as an ideal location given its brilliant and interdisciplinary talent across the fields of technology, biology and chemistry.
  • Recursion’s new London office will serve as an extension of both Recursion and Valence Labs’ teams.
  • To launch recruiting efforts for the new site, Recursion has opened multiple new roles across technology and biology functions with immediate plans to hire the first 20 people to be based out of the new London office.

See the Future at GTC 2024: NVIDIA’s Jensen Huang to Unveil Latest Breakthroughs in Accelerated Computing, Generative AI and Robotics

Retrieved on: 
Dienstag, Februar 20, 2024

NVIDIA founder and CEO Jensen Huang will deliver the keynote from the SAP Center on Monday, March 18, at 1 p.m. Pacific time.

Key Points: 
  • NVIDIA founder and CEO Jensen Huang will deliver the keynote from the SAP Center on Monday, March 18, at 1 p.m. Pacific time.
  • Since Huang first highlighted machine learning in his 2014 GTC keynote , NVIDIA has been at the forefront of the AI revolution.
  • “Generative AI has moved to center stage as governments, industries and organizations everywhere look to harness its transformative capabilities,” Huang said.
  • From generative AI to robotics to automotive, GTC attendees can interact with dozens of state-of-the-art demos, see the latest autonomous vehicle technology and explore how generative AI will impact virtually every industry.

OpenFold Biotech AI Research Consortium releases SoloSeq and Multimer, an integrated protein Large Language Model with 3D structure generation

Retrieved on: 
Montag, Februar 19, 2024

OpenFold , a non-profit artificial intelligence (AI) research consortium, today announced the release of two new tools: 1) SoloSeq, which integrates a new protein Large Language Model (LLM) with its OpenFold structure prediction software, and 2) OpenFold-Multimer software, which creates higher quality models of protein/protein complexes than OpenFold alone.

Key Points: 
  • OpenFold , a non-profit artificial intelligence (AI) research consortium, today announced the release of two new tools: 1) SoloSeq, which integrates a new protein Large Language Model (LLM) with its OpenFold structure prediction software, and 2) OpenFold-Multimer software, which creates higher quality models of protein/protein complexes than OpenFold alone.
  • The new Multimer code is the first fully open source training code system for the generation of protein/protein structures.
  • View the full release here: https://www.businesswire.com/news/home/20240219658831/en/
    OpenFold SoloSeq model prediction vs experimentally resolved structure for PDB protein 4B9Z (Graphic: Business Wire)
    “OpenFold-Multimer and SoloSeq are particularly useful for designed proteins that don't exist in nature.
  • Previous work in protein LLMs, primarily out of Meta AI, has produced a series of valuable LLM standalone models and the ESMFold structure model, which pairs ESM-family LLMs with OpenFold for structure prediction.