Facebook AI Introduces Habitat 2.0: Next-Generation Simulation Platform

Facebook recently announced Habitat 2.0, a next-generation simulation platform that lets AI researchers teach machines to navigate through photo-realistic 3D virtual environments and interact with objects just as they would in an actual kitchen or other commonly used space. With these tools at their disposal and without the need for expensive physical prototypes, future innovations…

How Will HCA Healthcare & Google Partnership Improve Next Generation Healthcare?

HCA Healthcare recently announced a new multiyear strategic partnership with Google Cloud focused on analytics-driven process improvement and digital transformation. Financial terms of the deal were not disclosed. Why It Matters The partnership between the cloud giant and Nashville-based HCA, with its 186 hospitals and 2,000 ambulatory sites nationwide, is aimed at building “next generation…

Bristol Myesrs Squibb & Exscientia In $1.2 billion Artificial Intelligence Drug Discovery Deal

Bristol Myers Squibb (BMS) has announced a new collaboration agreement with Exscientia to use artificial intelligence (AI) to discovery drug candidates across a number of therapeutic areas. The collaboration will leverage Exscientia’s AI technology to accelerate the discovery of small molecule therapeutic drug candidates in multiple therapeutic areas, including oncology and immunology. As part of…

Robotic process automation platform UiPath raises $750M at $35B valuation

UiPath, one of the leaders in the quickly growing robotic process automation (RPA) space, announced Monday that it has closed on $750 million in Series F funding at a staggering post-money valuation of $35 billion. Existing backers Alkeon Capital and Coatue co-led the round, which also included participation from other returning investors such as Altimeter…

Oracle Uses Blockchain To Solve A Billion-Dollar Food Industry Problem

Last year Oracle entered a partnership with the World Bee Project (WBP) to leverage cloud technologies to better understand the decline in global bee populations. The initial goal was to devise innovative strategies to help farmers manage bee and pollinator habitats. “Today’s bee population is declining at a very fast rate, which is being caused…

Singapore Emerges as Premier Blockchain Development Destination

Singapore is charging ahead as one of the most forward-thinking blockchain development zones on the planet. A recent survey from PwC found that respondents in Singapore had the highest level of trust in blockchain, at 37%. The city-state also has seen a massive influx of blockchain-focused investment capital this year, and a very supportive stance…

Microsoft and Walmart Team Up to Take On Amazon

Walmart has plenty of competition, but you could argue that its only real rival is Amazon.com (NASDAQ:AMZN). And the two massive retailers are engaged in a technological arms race to make shopping as easy and convenient as possible for customers. That’s an area where the e-commerce leader has had an edge. Because Amazon started as…

Can Machines Produce Better Earnings Forecasts Than Humans?

We received many good questions about Euclidean’s last letter, where we discussed how one can use the tools of deep learning to predict companies’ future earnings. The letter referenced a paper we published recently highlighting the opportunity to systematically make earnings predictions that may improve the performance of commercially applied investment strategies that currently rely…

Google’s Artificial Intelligence Is Now Creating its Own

Google’s pretty good when it comes to designing artificial intelligence. Its most famous neural network, DeepMind, is both able to “dream” and understand the benefits of betrayal. It’s also better than any living human at the infinitely complex game, Go. As impressive as this is, Google is determined to show the world it’s not just…