Exo, pronounced "echo," raised a fresh cash infusion of $220 million in Series C financing aimed at commercializing its handheld ultrasound device and point-of-care workflow platform, Exo Works. The round was led by RA Capital Management, while BlackRock, Sands Capital, Avidity Partners, Pura Vida Investments and prior investors joined in. The new funding gives the Redwood City, California-based company over $320 million in total investments since the company was founded in 2015, Exo CEO Sandeep Akkaraju told TechCrunch. This includes a $40 million investment raised in 2020. Ultrasound machines can cost anywhere from $40,000 to $250,000 for low-end technology and into the millions for high-end machines.
Now, with mining jobs hard to find, he's cleaning up the mess the industry left behind. The 68-year-old operates a bucket loader scraping away red, rocky waste dumped years ago by failed coal mine operators in a valley in the town of Clinchco, Virginia. The $17.50 an hour before overtime he makes cleaning up massive "gob piles," as the locals call them, is less than what he earned in decades as a miner. "If this work goes away, I don't know what I would do," Mullins said. Appalachia, long the heart of the U.S. coal-mining industry, may be set for a surge in jobs like Mullins' if President Joe Biden is successful in his ambitions to transition the United States to a cleaner energy economy to fight climate change.
SAN FRANCISCO--July 28, 2021-- The American College of Radiology Data Science Institute (ACR DSI) and the American Academy of Ophthalmology today announced a collaboration that will expand ACR DSI's groundbreaking AI-LAB platform to include eye care. Leveraging use cases and data from the Academy, this collaboration will accelerate the use of machine learning in the ophthalmic industry to the benefit of patients across the globe. "We've now made it easier for the ophthalmology community to access real world examples for our own use cases. By working together with ACR, we are leveraging a platform developed for the radiology community to educate our own community about AI development and encouraging new AI to be developed that will benefit our specialty," said Tamara R. Fountain, MD, president of the American Academy of Ophthalmology. The Academy will provide the ophthalmology content and the ACR will provide the IT infrastructure to integrate the use cases and datasets into the landmark AI-LAB.
The National Institute of Standards and Technology is seeking public input on what to include in forthcoming guidance that will set rules of the road for fielding trustworthy artificial intelligence in and out of government. NIST, following the recommendations of the National Security Commission on AI, is working on an AI Risk Management Framework that will set voluntary standards for agencies and industries to consider when adopting AI solutions. NIST, in a request for information posted Wednesday, said the upcoming framework will define trustworthy AI in terms of transparency, fairness and accountability. The agency plans to release the framework as a "living document" that adapts to changes in technology and practices. "Defining trustworthiness in meaningful, actionable, and testable ways remains a work in progress," the agency wrote in its RFI.
This weekend, Jungle Cruise heads upriver towards the deep, dark heart of box office success, marking the eleventh feature film or TV movie based on an attraction at a Disney theme park. The studio's return on these projects has been, let's say, uneven: The Pirates of the Caribbean franchise has been wildly successful, but the second-tier of Disney rides adapted for the big screen is a parade of embarrassments like The Haunted Mansion, oddities like Mission to Mars, and outright weirdness like the 1997 Tower of Terror TV movie starring Kirsten Dunst and Steve Gutenberg, a kid-friendly riff on The Shining that I promise actually exists: As Disney tries once again to create cinematic greatness out of amusement park rides, here are some of the Disney attractions that are most overdue for screen adaptations. Look, you can't create something as unholy and terrifying as the Donald Trump figure in the Hall of Presidents and not make a movie where it kills people, that's just mad science. The obvious choice for a Hall of Presidents movie would be a riff on Westworld or Five Nights at Freddy's, but this might work best as a Frankenstein-type story, as the audio-animatronic Trump cuts a bloody swath through the Imagineering department trying to find his creator and get him to admit he began life as Hillary Clinton. Maybe the Trump robot could team up with what's left of the original "Great Moments With Mr. Lincoln" figure from the 1964 New York World's Fair, who looks like he'd like to have a word or two with whoever stole his clothes: Verhoeven would knock this out of the park.
Europe is lagging behind not only the US and Japan, but also China in terms of technological innovation. The world's 15 largest digital firms are not European! It is beyond question that Europe produces bright minds with amazing ideas and an entrepreneurial mindset. The problem is very simple: European companies do not make it beyond the start-up phase and if they do, their business is believed to be better off out of Europe. Skype is one famous example that was bought up by Microsoft.
"We are on a mission: to transform the future of online grocery through cutting-edge technology innovation." Ocado Technology is changing the way the world shops using advanced Artificial Intelligence, Machine Learning, Robotics, Big Data, Cloud and IoT. We develop the innovative software and hardware systems that power Ocado.com, as well as the unique'Ocado Smart Platform' which is being implemented by ambitious retailers across the world from Europe to America, Asia and beyond. We build everything in-house: from intelligent, frictionless e-commerce platforms to highly automated warehouses, our employees are skilled specialists with expertise across a wide range of technologies. We're working on cutting-edge innovations that are shaping the future of our society.
Etsy is seeking a Senior Engineering Manager to lead one of the engineering teams for Etsy Ads, our onsite ad platform. Etsy Ads is used by our smallest and largest sellers to grow their businesses and it is one of the major revenue streams for Etsy. You will collaborate with our Ads product development team and engineering leadership to grow the platform and ensure that advertising on Etsy continues to be a great investment for our sellers. The work on the Ads team includes building machine learning systems we use for ranking, bidding, and dynamic ad experiences on Etsy.com and the Etsy app. We are looking for an experienced engineering manager who is comfortable running teams with specific machine learning goals, and experienced with tackling specific ML challenges such as modeling, calibration and ranking.
It might not be obvious from the TV coverage, but the Tokyo 2020 Olympics (which of course are being held in 2021) are infused with big data and AI to an extent never before experienced in an Olympic games. It's been 53 years since the Olympics officially adopted electronic time-keeping equipment to track racers in Olympic events. Omega's Magic Eye camera, which debuted in 1948, gave us the first of many "photo-finish" for track events, and was soon adopted in other events too. Now the technology is going up a notch in the Tokyo 2020 Olympics (which perhaps should have been called the 2021 games), and Omega is behind much of it. For example, Omega, which is the official timekeeper for 35 Olympic sports, is using cameras equipped with computer vision capabilities to track the movement of beach volleyball players, as well as the ball.