Lifeboat Foundation

Former Snap software engineer Joshua Xu believes AI-generated video is about to have a moment like Snapchat or Instagram had in the early days of the mobile photography revolution.

As early proof of that, he points to his own company HeyGen. After launching its AI-powered video creation app last September, HeyGen reached $1 million in annual recurring revenue in March, then $10 million in August. Today, that number is up to $18 million, Xu, cofounder and CEO, told Forbes.

“Snapchat is a camera company where everyone creates content through the mobile camera,” Xu said. “We think AI can create the content. AI could become the new camera.”

Continue reading “AI Video Startup HeyGen Launches Near-Instant Avatar Generator, Adds $5.6 Million In Funding” »

Altman seemed to understand his responsibility to run a viable, enduring organization and keep its employees happy. He was on his way to pulling off a tender offer–a secondary round of investment in AI that would give the company much-needed cash and provide employees with the opportunity to cash out their shares. He also seemed very comfortable engaging in industry-wide issues like regulation and standards. Finding a balance between those activities is part of the work of corporate leaders and perhaps the board felt that Altman failed to find such a balance in the months leading up to his firing.

Microsoft seems to be the most clear-eyed about the interests it must protect: Microsoft’s! By hiring Sam Altman and Greg Brockman (a co-founder and president of OpenAI who resigned from OpenAI in solidarity with Altman), offering to hire more OpenAI staff, and still planning to collaborate with OpenAI, Satya Nadella hedged his bets. He seems to understand that by harnessing both the technological promise of AI, as articulated by OpenAI, and the talent to fulfill that promise, he is protecting Microsoft’s interest, a perspective reinforced by the financial markets’ positive response to his decision to offer Altman a job and further reinforced by his own willingness to support Altman’s return to OpenAI. Nadella acted with the interests of his company and its future at the forefront of his decision-making and he appears to have covered all the bases amidst a rapidly unfolding set of circumstances.

OpenAI employees may not like the board’s dramatic retort that allowing the company to be destroyed would be consistent with the mission–but those board members saw it that way.

NASHVILLE, Tenn. (AP) — A ransomware attack has prompted a healthcare chain that operates 30 hospitals in six states to divert patients from at least some of its emergency rooms to other hospitals, while putting certain elective procedures on pause, the company announced.

In a statement Monday, Ardent Health Services said the attack occurred Nov. 23 and the company took its network offline, suspending user access to its information technology applications, including the software used to document patient care.

The Nashville, Tennessee-based company said it cannot yet confirm the extent of any patient health or financial information that has been compromised. Ardent says it reported the issue to law enforcement and retained third-party forensic and threat intelligence advisors, while working with cybersecurity specialists to restore IT functions as quickly as possible. There’s no timeline yet on when the problems will be resolved.

Physicists from the Eötvös Loránd University (ELTE) have been conducting research on the matter constituting the atomic nucleus utilizing the world’s three most powerful particle accelerators. Their focus has been on mapping the “primordial soup” that filled the universe in the first millionth of a second following its inception.

Intriguingly, their measurements showed that the movement of observed particles bears resemblance to the search for prey of marine predators, the patterns of climate change, and the fluctuations of stock market.

In the immediate aftermath of the Big Bang, temperatures were so extreme that atomic nuclei could not exists, nor could nucleons, their building blocks. Hence, in this first instance the universe was filled with a “primordial soup” of quarks and gluons.

Neuralink, the Elon Musk-founded company developing implantable chips that can read brain waves, has raised an additional $43 million in venture capital, according to a filing with the SEC.

The filing published this week shows the company increased its previous tranche, led by Peter Thiel’s Founders Fund, from $280 million to $323 million in early August. Thirty-two investors participated, according to the filing.

Neuralink hasn’t disclosed its valuation recently. But in June, Reuters reported that the company was valued at about $5 billion after privately-executed stock trades.

A stuttering economy, rampant inflation and a handful of mass layoffs later, it seems the tables may be turning.

According to Professor Jeremy Siegel, emeritus professor of finance at the Wharton School of the University of Pennsylvania, staff looking over their shoulders at laid off peers may have actually proved useful to the economy.

Volocopter plans to focus on cities expediting infrastructure, routes, regulations, and digital networks, highlighting global economic uncertainties and the crucial role of local partners.

Volocopter.

The eagerly anticipated initiative has been paused due to challenges in securing local partners willing to share the financial responsibility for the cutting-edge technology involved.

Continue reading “Volocopter stalls air taxi launch amid funding woes in Singapore” »

Humankind on the verge of evolutionary traps, a new study: …For the first time, scientists have used the concept of evolutionary traps on human societies at large.

For the first time, scientists have used the concept of evolutionary traps on human societies at large. They find that humankind risks getting stuck in 14 evolutionary dead ends, ranging from global climate tipping points to misaligned artificial intelligence, chemical pollution, and accelerating infectious diseases.

The evolution of humankind has been an extraordinary success story. But the Anthropocene—the proposed geological epoch shaped by us humans—is showing more and more cracks. Multiple global crises, such as the COVID-19 pandemic, climate change, food insecurity, financial crises, and conflicts have started to occur simultaneously in something which scientists refer to as a polycrisis.

Continue reading “New research maps 14 potential evolutionary dead ends for humanity and ways to avoid them” »

Investors are always looking for the next great breakthrough in technology. As computers are indispensable tools for managing everything from finance to healthcare and smart cities, it only makes sense to look at the next stage of development and A-rated quantum computing stocks.

Quantum computing is still in its early stages, but companies are already making inroads. Zapata surveyed executives at 300 companies with revenues of $250 million and computing budgets over $1 million. Of those, over two-thirds spent more than $1 million annually to develop quantum computing applications.

Quantum computer stocks represent companies trying to revolutionize cryptography, optimization, drug discovery and artificial intelligence. It holds promise for solving complex problems currently infeasible for classical computers due to their exponential time requirements.