A new player has entered the fragrance industry, aiming to use artificial intelligence in scent creation. Osmo, a company founded by former Google AI researcher Alex Wiltschko, has launched “Generation,” a project that applies machine learning to various aspects of fragrance development, from ingredient design to market analysis. While the potential of AI in this…
Argonne to oversee two microelectronics projects under DOE initiative
Argonne National Laboratory will manage two major research projects on advanced memory systems and design approaches for microelectronic devices under the U.S. Department of Energy’s (DOE) Microelectronics Science Research Centers program. These efforts aim to develop next-generation hardware and software that can handle massive data sets at exceptional speeds, essential for modern computing, telecommunications, electric…
US and China sign five-year amended Science and Technology Agreement
The State Department has announced that the United States and China have amended and extended their bilateral Science and Technology Agreement (STA) for five years. Initially signed in 1979 by President Jimmy Carter and Chinese leader Deng Xiaoping, the deal was designed to foster cooperation in agriculture, energy, space, health, and the environment. U.S. officials…
R&D Market Pulse: NVIDIA hits $37.5B in revenue while UK regulators tap brakes on AI startup investment oversight
In a move signaling a more relaxed regulatory approach to the booming AI sector, UK regulators announced they would not investigate Google’s $2 billion investment in AI startup Anthropic. The move mirrors a similar decision regarding Amazon’s earlier $4 billion stake. This green light comes as Amazon doubles, bringing its total investment in Anthropic to…
24 R&D trends that redefined 2024
In many respects, 2024 was a year of building upon the foundations laid by previous technological and scientific advances. While AI continued to evolve at a rapid clip, progress was in many ways more incremental than last year when GPT-4 redefined expectations for genAI. But AI continues to make definable improvements across a range of…
New architecture aims to bring AI to edge IoT devices
Researchers in Japan have developed an inventive approach to address the challenge of implementing artificial intelligence (AI) on resource-constrained edge devices, paving the way for more sophisticated and efficient Internet of Things (IoT) systems. The team, led by Professor Takayuki Kawahara and Mr. Yuya Fujiwara from the Tokyo University of Science, focused on a type…
Think AI is just fancy software? Or do you think you know better? Take this quiz to find out.
Let’s face it: Half the people spouting off about AI couldn’t tell a neural network from an Einstein-inspired crochet pattern, even if it came with a step-by-step YouTube tutorial. Sure, ChatGPT might have launched back in 2022, but many of us are still floundering in a sea of AI buzzwords more confusing than quantum physics.…
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…
Some pundits sound alarm on AI’s $1 trillion gamble
A trillion-dollar question hangs over the booming field of artificial intelligence: will the massive investment pay off? Jim Covello, the head of global equity research at Goldman Sachs, sounds a note of caution. “AI technology is exceptionally expensive,” he warns, and to earn back the projected trillion-dollar cost of development and infrastructure, “the technology must…
Certara’s AI answer to medical writing challenges in pharma
For decades, the pharmaceutical industry, along with other highly regulated sectors, has grappled with the often-cumbersome process of medical writing. Writers must comply with strict guidelines from regulatory bodies such as the FDA and EMA when creating clinical trial reports and regulatory submissions. Failure to comply can result in delays or rejection. The advent of…
Infineon Technologies to build an R&D center in Taiwan; Car makers are halting EV targets as sales wane in this week’s R&D Power Index
The R&D World Index (RDWI) for the week ending June 28, 2024, closed at 3,821.08 for the 25 companies in the RDWI. The Index was up 0.94% (or 35.45 basis points). Thirteen RDWI members gained value last week from 0.28% (IBM) to 5.91% (Ford Motor Co.). Twelve RDWI members lost value the previous week from…
From self-driving cars to an autonomous AI/ML analytical platform for drug discovery
What do frictionless parking experiences and life-saving drugs have in common? For data scientist June Guo, the answer lies in setting AI algorithms loose on vast troves of data. Before setting his sights on human biology, Guo worked at Metropolis Technologies, a company focused on transforming the parking experience through the use of advanced computer…
Top 30 R&D spending leaders of 2023: Big Tech firms spending hit new heights
In 2023, the world’s top companies invested hefty sums in R&D, with tech giants like Amazon, Alphabet, and Meta leading the pack. Amazon alone poured $85.622 billion into technology and infrastructure, which includes R&D. The Seattle-headquartered company’s spending reflects Amazon’s ambition to lead not just in e-commerce, but in a growing number of fields ranging…
AI taking the reins in materials discovery
Imagine a future where researchers discover groundbreaking materials with properties exceeding conventional expectations at an unprecedented pace. Researchers at Oak Ridge National Laboratory (ORNL) are turning this vision into reality with a groundbreaking autonomous materials synthesis tool. The system marries the power of AI, automated experimentation, and real-time diagnostics to accelerate the hunt for new…
Infinita Lab founder on AI, hardware limitations and the future of material science
For all its promise, artificial intelligence is still stuck in something of an adolescent phase. The tech has shown brilliance in defined tasks, but lacks maturity. While generative AI software such as GPT-4 has captured the public’s imagination, the hardware needed to unlock AI’s true potential is lagging. “I think the hardware is not there…