From accelerating drug discovery to automating patent searches, AI is popping up in a growing number of R&D contexts. Two of the top stories this week had a direct NVIDIA connection — first, Elon Musk’s announced what he terms the world’s largest GPU cluster, featuring 100,000 of its H100 GPUs, designed to power his new…
This week in R&D: Eli Lilly opens large R&D center in Boston, Cisco cuts 5,900 jobs
The R&D World Index (RDWI) was up 2.91% with Cisco leading at 8.78%, in spite of its lay-off announcement. In the week ending August 16, the index closed at 3878.49 for the 25 companies in the RDWI. The Index was up 2.91% (or 109.53 basis points). Twenty-one RDWI members gained value last week from 0.95%…
OpenAI unveils SearchGPT test version; Tesla’s humanoid robot to debut in 2025
OpenAI, San Francisco, announced last week that it is launching a test version of their long-awaited search engine. SearchGPT will cite news sources such as News Corp. (publisher of the Wall Street Journal) and the Atlantic magazine (published by the Emerson Collective/publisher is Laurene Jobs — Steve Jobs’s widow). OpenAI has also struck partnerships with…
Meta restructures Reality Labs, unveils new AI models
Meta, the tech giant formerly known as Facebook, is once again making headlines with a significant restructuring of its Reality Labs division. The division, charged with bringing CEO Mark Zuckerberg’s metaverse vision to life, will now be split into two distinct units: “Wearables” and “Metaverse.” This strategic shift comes amidst a series of workforce reductions…