California Institute of Technology

Quantum Computing Startup-Nanofiber Quantum Technologies Secures $8.5m Funding

Retrieved on: 
Wednesday, September 13, 2023
JAFCO, Intellectual property, PvP, Quantum electrodynamics, Photon, PALO, McKinsey & Company, KII, QPU, General partnership, MIT, QED, Waseda University, Growth, R, Principal, Financial services, Microscope, Cryptocurrency, Management, Creative industries, California Institute of Technology

Founded in 2022, NanoQT is a leading startup company focused on fiber connectable quantum computing hardware.

Key Points: 
  • Founded in 2022, NanoQT is a leading startup company focused on fiber connectable quantum computing hardware.
  • Unlike superconducting circuits and ion traps for quantum computing, NanoQT uses a technology called nanofiber cavity Quantum Electrodynamics (QED).
  • Modularity and scalability of interconnected QPUs offer a unique platform for distributed quantum computing and quantum networks for a variety of useful applications.
  • "While cavity QED has long been a recognized platform in quantum computing, developing the ideal cavity posed significant challenges.

NTT Research PHI Lab Scientists Address Bias in AI

Retrieved on: 
Tuesday, September 12, 2023
Other Professional Services, Software, Data Analytics, Internet, Artificial Intelligence, Professional Services, Technology, Other Technology, B.M.S. College of Engineering, Intelligence, Psychology, DNN, University, College, Phi Lab, Engineering, Harvard University, Linear optics, ICML, Stanford University, University of Cambridge, Ames Research Center, California Institute for Quantitative Biosciences, ML, Harvard Center for Population and Development Studies, Brain, Research, MIT, See, Conference on Neural Information Processing Systems, Associate, University of Notre Dame, Assistant, Science, Biology, International Conference on Learning Representations, Silicon, Tokyo Institute of Technology, Swinburne University of Technology, International Conference on Computer and Information Technology, Machine learning, CBFT, ICLR, International Conference on Machine Learning, Artificial intelligence, Paper, PHI, AI, NTT, Bias, Cornell University, Conference, Medical imaging, California Institute of Technology

NTT Research, Inc. , a division of NTT (TYO:9432), today announced that scientists affiliated with its Physics & Informatics (PHI) Lab have co-authored a paper that proposes a way to overcome bias in deep neural networks (DNNs).

Key Points: 
  • NTT Research, Inc. , a division of NTT (TYO:9432), today announced that scientists affiliated with its Physics & Informatics (PHI) Lab have co-authored a paper that proposes a way to overcome bias in deep neural networks (DNNs).
  • “Our PHI Lab scientists and their colleagues have enlarged our understanding of the relatively neglected field of neural network fine-tuning in this notable paper and have proposed an innovative remedy for correcting against bias,” PHI Lab Director Yoshihisa Yamamoto said.
  • In a recent three-month span, top academic journals accepted or published a dozen papers co-authored by PHI Lab scientists.
  • The PHI Lab also has reached joint research agreements with numerous institutions, Harvard University being the most recent.

New Study Uncovers Slower Methane Emission Reduction in Los Angeles, Challenging Previous Estimates

Retrieved on: 
Thursday, September 7, 2023
United Nations Framework Convention on Climate Change, California Institute of Technology, COP28, University, Climate, Universities Space Research Association, Carbon dioxide, UNFCCC, Nature Communications, EF, Climate change, Research, COP, NGO, USRA, Jet Propulsion Laboratory, NASA, Observation, COP27, COP26, Earth observation, CH4, CO2, Natural gas, Methane

The findings indicate that the previously reported reduction rate of CH4 in the Los Angeles area was overestimated.

Key Points: 
  • The findings indicate that the previously reported reduction rate of CH4 in the Los Angeles area was overestimated.
  • The study outlines the urgency for accelerated reduction efforts to meet the pledge goal for 2030.
  • The bottom-up inventory emission estimates are often based on survey activity data and the conversion factor called "emission factor (EF)."
  • In contrast, the "top down" approach of measuring methane levels in the atmosphere directly translates the measured atmospheric methane levels and the change into emission estimates.

Higher Education Market size worth USD 853.28 Billion, Globally, by 2030 at 7.03% CAGR: Verified Market Research®

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Wednesday, September 6, 2023
Online, University College London, UCL, University of Manchester, University, Education, Harvard University, Stanford University, Bank statement, University of Cambridge, University of Leeds, ETH Zurich, Research, Attention, MIT, USD, University of Barcelona, Student, Investment, University of Edinburgh, Geography, Mode, Growth, Developing country, Imperial College London, University of Oxford, Massachusetts Institute of Technology, University of Chicago, Tutoring, Management, California Institute of Technology

JERSEY CITY, N.J., Sept. 6, 2023 /PRNewswire/ -- The Global Higher Education Market is projected to grow at a CAGR of 7.03% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 477.12 Billion in 2022 and is expected to reach USD 853.28 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Higher Education Market, including its growth prospects, market trends, and market challenges.
  • The global Higher Education Market, characterized by post-secondary and tertiary education institutions, is undergoing a significant transformation.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Higher Education Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Higher Education Market into Course, Institution, Mode, And Geography.

Higher Education Market size worth USD 853.28 Billion, Globally, by 2030 at 7.03% CAGR: Verified Market Research®

Retrieved on: 
Wednesday, September 6, 2023
Online, University College London, UCL, University of Manchester, University, Education, Harvard University, Stanford University, Bank statement, University of Cambridge, University of Leeds, ETH Zurich, Research, Attention, MIT, USD, University of Barcelona, Student, Investment, University of Edinburgh, Geography, Mode, Growth, Developing country, Imperial College London, University of Oxford, Massachusetts Institute of Technology, University of Chicago, Tutoring, Management, California Institute of Technology

JERSEY CITY, N.J., Sept. 6, 2023 /PRNewswire/ -- The Global Higher Education Market is projected to grow at a CAGR of 7.03% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 477.12 Billion in 2022 and is expected to reach USD 853.28 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global Higher Education Market, including its growth prospects, market trends, and market challenges.
  • The global Higher Education Market, characterized by post-secondary and tertiary education institutions, is undergoing a significant transformation.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Higher Education Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Higher Education Market into Course, Institution, Mode, And Geography.

Explainable-AI Image Recognition achieves precise 3D descriptions of objects for US Air Force, a major AI breakthrough

Retrieved on: 
Tuesday, September 5, 2023
Medical imaging, California Institute of Technology, National Medal of Technology and Innovation, University of California, Berkeley, USAF, Z-transform, Binocular Rivalry Described by Quantum Formalism, Engineering, United States Air Force, 3D, Recursive neural network, UTSA, Fuzzy logic, ML, National Medal, Doctor of Philosophy, Invention, GAN, Explainable artificial intelligence, Cornell University, CPU, Machine learning, Algorithm, Artificial intelligence, Cognition, AI, ResNet, GPU, 3D printing, LASIK, ZAC, MD, Physics, Research

This is in sharp contrast to the other algorithms in industry (e.g., statistical algorithms, Neural Net, Deep CNN, ResNet, and GAN), which are not able to describe and measure 3D objects at all.

Key Points: 
  • This is in sharp contrast to the other algorithms in industry (e.g., statistical algorithms, Neural Net, Deep CNN, ResNet, and GAN), which are not able to describe and measure 3D objects at all.
  • In addition, the other algorithms in industry also require thousands to billions of training samples, trained on large GPU servers.
  • ZAC algorithms can describe and measure 3D objects from any viewpoint, for full "Explainability" of 3D objects.
  • "ZAC algorithms can describe and measure 3D objects from any viewpoint, for full Explainability of 3D objects," emphasized Dr. Bijan Tadayon, CEO of ZAC.

Momentus to Provide Hosted Payload Services for FOSSA Systems

Retrieved on: 
Thursday, August 24, 2023
Telecommunications, Satellite, Technology, Carriers and Services, IOT (Internet of Things), Aerospace, Manufacturing, Other Technology, Inc., Life, Internet of things, Unitary state, Government, Transport, Communications satellite, California Institute of Technology, Seagate Technology, Vigoride

Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, has signed a contract with FOSSA Systems ("FOSSA"), a Spanish company that offers global low-power Internet of Things (IoT) connectivity and in-space services to provide hosted payload services starting in 2024.

Key Points: 
  • Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, has signed a contract with FOSSA Systems ("FOSSA"), a Spanish company that offers global low-power Internet of Things (IoT) connectivity and in-space services to provide hosted payload services starting in 2024.
  • Hosted payload support is a core Momentus offering that enables customers to focus on their payload’s objective while Momentus provides the on-orbit logistics needed to operate the payload.
  • Integrated in Momentus’ hosted payload service offering is the supply of power, data, communications, and flexible configure-to-order options such as intersatellite communications, extended data storage, ultra-high precision pointing, and edge computing capability.
  • Momentus will continue to provide hosted payload support to SSPD over the coming months as it continues its operations.

Transnetyx Expands Offering with Genetic Sequencing Through Acquisition of Laragen

Retrieved on: 
Tuesday, August 22, 2023
Partnership, NGS, Research, USC, Government, Science, Acquisition, Genetic testing, Knowledge, UCLA, NIH, Forestry, Management, California Institute of Technology

MEMPHIS, Tenn., Aug. 22, 2023 /PRNewswire/ -- Transnetyx, a global leader in outsourced genetic services, announced the acquisition of Laragen, a sequencing and genetic services company in Culver City, CA. The addition of Sanger sequencing and next-generation sequencing (NGS) services to the Transnetyx solution suite will ultimately improve access to cutting-edge genetic services for leading research institutes around the world.

Key Points: 
  • Transnetyx's leadership in the automated genetic testing market will provide scientific researchers unparalleled access to Laragen's differentiated genetic sequencing offering.
  • MEMPHIS, Tenn., Aug. 22, 2023 /PRNewswire/ -- Transnetyx, a global leader in outsourced genetic services, announced the acquisition of Laragen, a sequencing and genetic services company in Culver City, CA.
  • The addition of Sanger sequencing and next-generation sequencing (NGS) services to the Transnetyx solution suite will ultimately improve access to cutting-edge genetic services for leading research institutes around the world.
  • The acquisition of Laragen furthers the Transnetyx mission to ensure that every researcher in the world has the most efficient path to discovery.

Absci Reports Business Updates and Second Quarter 2023 Financial and Operating Results

Retrieved on: 
Monday, August 14, 2023
Immortalised cell line, Infection, Insurance, Partnership, HIV, HIV-1, Enzyme, GV (company), Melinda French Gates, Bill & Melinda Gates Foundation, Philips, Publishing, Novartis, Patient, Investment, Manuscript, CBO, Drug discovery, Bill, CFO, Merck, AI, Research, Pharmaceutical industry, Fine chemical, Management, California Institute of Technology

VANCOUVER, Wash. and NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a generative AI drug creation company, today reported financial and operating results for the quarter ended June 30, 2023.

Key Points: 
  • Research and development expenses were $12.1 million for the second quarter of 2023 compared to $16.2 million for the corresponding prior year period.
  • Selling, general, and administrative expenses were $9.4 million for the second quarter of 2023 compared to $10.5 million for the corresponding prior year period.
  • Net loss was $41.7 million for the second quarter of 2023, as compared to $28.7 million for the corresponding prior year period.
  • This increase was attributable to the Company recording a non-cash goodwill impairment charge of $21.3 million within operating expenses during the second quarter of 2023.

Simplilearn and Caltech CTME Celebrate the Achievements of 600 Certificate Learners

Retrieved on: 
Friday, August 18, 2023
Cloud, California Institute of Technology, Education, Boot, Electronics, Management, PGP, Publication, SAN, Machine learning, Knowledge, Cloud computing, Tutoring, DevOps, Data science

SAN FRANCISCO, Aug. 18, 2023 /PRNewswire/ -- Simplilearn , the world's #1 online bootcamp for digital economy skills training, hosted the 4th convocation ceremony with Caltech CTME for 600 program graduates.

Key Points: 
  • SAN FRANCISCO, Aug. 18, 2023 /PRNewswire/ -- Simplilearn , the world's #1 online bootcamp for digital economy skills training, hosted the 4th convocation ceremony with Caltech CTME for 600 program graduates.
  • Co-hosting the event were Dr. Rick Hefner, Executive Director, Caltech Institute of Technology and Management Education, and Dr. Will Lin, Chief Marketing Officer, Simplilearn.
  • Dr. Rick Hefner, Executive Director, Caltech CTME, also shared words of encouragement, "Congratulations to all the graduates successfully completing various programs today.
  • Caltech CTME and Simplilearn remain committed to providing a world-class education that empowers learners to excel in their careers and transform their lives.