The R&D World Index (RDWI) for the week ending October 4, 2024, closed at 4.005.40 for the 25 companies in the RDWI. The Index was up 0.62% (or 24.71 basis points). Eight RDWI members gained value last week from 1.07% (Eli Lilly & Co.) to 6.71% (Alibaba). Seventeen RDWI members lost value the previous week…
This week in R&D: GM and Hyundai to partner on vehicle development, Moderna cuts $1.1B in R&D spending, and Fed interest rate decision
The R&D World Index (RDWI) for the week ending September 13, 2024, closed at 3,924.01 for the 25 companies in the RDWI. The Index was up 2.95% (or 112.59 basis points). Seventeen RDWI members gained value last week from 0.30% (Volkswagen AG) to 14.26% (Oracle). Eight RDWI members lost value the previous week from -0.85%…
This week in R&D: AMD puts R&D centers in Taiwan cities, Northvolt relocates battery operations to its Sweden R&D center
The R&D World Index (RDWI) for the week ending August 23, 2024, closed at 3,947.43 for the 25 companies in the RDWI. The Index was up 1.78% (or 68.94 basis points). Twenty-two RDWI members gained value last week from 0.11% (Meta Platforms) to 7.23% (Ford Motor). Three RDWI members lost value the previous week from…
This week in R&D: Eli Lilly eyes $1,000 share price while pharma overall cuts back on R&D
The R&D World Index (RDWI) climbed 2.57% this week, with Eli Lilly leading the charge at a 10.84% gain, while tech giants ramp up AI investments amidst regulatory challenges. In the week ending August 9, 2024, the index closed at 3768.96 for the 25 companies in the RDWI. The index was up 2.57% (or 94.45…
From Silicon Valley to Shenzhen: A global tour of 20 R&D hotspots
[Updated August 8, 2024] The global R&D map is being redrawn, caught between forces of nationalism and the undeniable pull of international collaboration. While the aftershocks of the pandemic and shifting political winds have led some nations to turn inward, the race for innovation is driving a surprising surge in cross-border investment. For instance, South…
AMD raises earnings forecast to $4.5B, after continuously doubling revenue; NSC to feds: increase AI spending
Advanced Micro Devices (AMD), Santa Clara, California, announced last week that its data-center revenue more than doubled year over year, exceeding Wall Street analyst’s estimates. The company also raised its forecast for this year’s sale of AI chips to more than $4.5 billion, an increase of 13% from its forecast three months ago. While this…
An interactive 3D map of global innovation hubs
Silicon Valley is still where it’s at in terms of R&D. Yes, the region has cut roughly 45,000 tech jobs since 2022, but its dominance in research and development remains unchallenged, based on data from The 2023 EU Industrial R&D Investment Scoreboard. And despite the layoffs, many tech companies have reported significant revenue growth. NVIDIA…
Mid-2024 R&D job update: High salaries and remote options abound, but specialization is key
Land a six-figure salary and work from your couch? That’s a tangible possibility in the current R&D job market, and specialized skills could be an asset. While some sectors are still reeling from layoffs, there are a considerable number of job openings across R&D roles. Geographic distribution of R&D jobs/salary ranges While California has seen…
Insilico Medicine launches DORA, an AI tool for drafting scientific papers in about 20 minutes
Forget writer’s block — Insilico Medicine’s new AI tool, DORA, unleashes an “army of [AI] agents” to churn out a scientific research paper draft in roughly 20 to 25 minutes. Insilico Medicine’s new AI tool, DORA (Draft Outline Research Assistant), is a prime example of this new wave of AI assistants. I recently took the…
Global R&D Funding Forecast 2024: Investment set to reach $2.53 trillion, up 8.3%
R&D is the primary driver of countries’ growth. For 2024, in this 64th annual report, the editors of R&D World are examining not only the level of R&D investment for the coming year but also its productivity – assessing who benefits and to what extent. The latest Global Funding Forecast documents the evolving R&D investments…
Google and Wiz end $23B acquisition talks, while First Solar to power up Ohio with $500M R&D Hub
First Solar, Tempe, Arizona, recently commissioned what it dubs ‘the largest thin-film R&D center in the Western Hemisphere.’ The company — the U.S.’s largest solar panel manufacturer — has sited its Jim Nolan Center for Solar Innovation in Lake Township, Ohio, which is just south of Akron. The 1.3-million-ft² facility includes a pilot manufacturing line…
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…
How the replication crisis threatens R&D and what to do about it
Let’s say you are repeating a scientific experiment but each time you’re getting a completely different outcome. This is the frustrating reality of the “replication crisis,” a widespread problem affecting nearly every scientific discipline. “We’ve all seen in our own practices how there are many ‘researcher degrees of freedom’ that could lead to studies not…
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…
Argonne highlights five young scientists shaping the future of nuclear energy
In an era where renewable energy is swiftly gaining popularity, nuclear energy may seem like it’s fading. Yet the energy source could play a crucial role in transforming the U.S. energy sector to combat climate change. It already generates a fifth of the nation’s electricity (775 billion kilowatt hours of electricity and 48% of America’s…
As Apple Intelligence debuts, a quiet AI army is taking shape
Apple made waves at WWDC 2024 by launching Apple Intelligence (beta coming in the fall), its answer to the booming generative AI space. But while this marks Apple’s public entry into the arena, the company has been quietly assembling an “AI army” behind the scenes for years, and continues to do so with more than…
Unveiling blockchain’s revolutionary impact on R&D
Once the preserve of Bitcoin evangelists and tech disruptors, the database technology underlying cryptocurrencies, blockchain, is now of enormous significance in the ever-changing landscape of R&D. R&D can only function if three things are true: Innovation is encouraged, and R&D proceeds unfettered. Trade secrets and IP are sufficiently protected. There is recourse if intellectual property…
PMOs: Changing the center of gravity in project management
In March of last year, the Project Management Institute (PMI) released its annual “Pulse of the Profession” report. Considered the world’s leading authority on project management, its 2021 report, “Beyond Agility,” documented that amid a global pandemic, a diverse range of companies around the world achieved successful project outcomes, comparable to or better than previous…
Northern Germany’s expanding R&D ecosystem focuses on space
Flight history in Bremen, Germany, began more than a hundred years ago. Since then, this important northern German city has become well known as the second-largest aerospace hub in the country. Over the past several years, Bremen has established itself as a standard-bearer in aerospace R&D. A growing network of Bremen-based organizations now play leading…
NATO ramping up R&D spending, Part III: NATO industry partnerships
NATO’s collaboration with defense industries is a critical aspect of its efforts to foster technological advancements and enhance the interoperability of each member’s defense systems. By engaging with the private sector, NATO seeks to leverage the expertise, resources, and innovations of industry leaders in the defense and technology domains. Through industry partnerships, NATO can access…
NATO ramping up R&D spending, Part II: One program tries a new approach
NATO’s Defense Innovation Accelerator for the North Atlantic (DIANA) has launched as a significant initiative designed to harness cutting-edge technologies and creative ideas. This program fosters innovation by inviting startups, researchers, academics, and industry experts from NATO member and partner countries to propose solutions based on dual-use technology to specific defense and security issues. The…
R&D in the U.S. makes more sense now than ever
The United States leads the world’s nations in R&D performance with a global share of 28%. As that number continues to rise, the federal government is doubling down to ensure R&D in the U.S. is here to stay. While a recent tax change negatively impacts U.S.-based businesses that invest in R&D, it further penalizes companies…
California aims to grab CHIPS Act funds
By Gordon Feller The bipartisan “2022 Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022” (CHIPS and Science Act) aims to increase semiconductor manufacturing in the U.S. through a five-year federal investment of $52 billion. With U.S.-China tensions and the potential vulnerability of production in Taiwan, and broader issues of supply chain reliability,…
New data: How R&D and innovation work is changing in 2023
By Scott Kirsner and Meghan Hall, InnoLead If top leaders in your organization have been getting less supportive and more skeptical about long-term projects, that’s not an aberration. New data shows innovation focus in the “pandemic era” — the years from 2020 to the present — has been shifting to near-term, more incremental activities. Our…
Tips and tricks for scientists and engineers to identify patentable inventions
By April Wurster, David Nigro, and Tony Caldwell, the law offices of Snell & Wilmer Because intellectual property (IP) is frequently perceived as complex and costly, many engineers, scientists, laboratory professionals, and R&D managers avoid making decisions about whether their projects can be protected by intellectual property. The various types of IP protections available (including…