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New Atomwise offshoot X-37 raises $14.5M to shepherd AI-designed drugs

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Molecule prospector Atomwise co-founded a drug research company alongside Velocity Pharmaceutical Development designed to shepherd its artificial intelligence-derived candidates through preclinical testing and into potential takeout deals with pharma industry partners. Dubbed X-37, the new firm will maintain a flexible LLC structure that will house each development program within its own virtual subcompany. This will allow X-37 to divest individual properties in the future while maintaining its parent organization and team, the company said. And to kick things off, X-37 is debuting with a $14.5 million series A round to fund operations and early development, starting in autoimmune diseases, cancer and anticoagulation. It began research work in 2018 and aims to have novel candidates ready to begin human testing by 2022.


X-37 Announces $14.5 Million Series A - SynBioBeta

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X-37 was cofounded by Atomwise Inc. and a team of experienced pharmaceutical developers from Velocity Pharmaceutical Development. In addition to the above development programs, the team at X-37 will identify additional high-value drug targets, generate novel drug leads against these targets using Atomwise's world-class AI platform for structure-based drug design, and develop each of these drug programs to a medically-relevant inflection point, where it can be acquired by or partnered with a major pharmaceutical company to be brought to market. X-37 makes use of an LLC structure permitting each drug development program to be housed in a separate virtual company under the parent LLC. This structure is tax efficient and flexible, in that it allows X-37 to divest individual drug development programs, while maintaining the parent company and team. X-37 began operation in 2018 and has already generated promising novel hit molecules against several targets of high interest to the pharmaceutical industry.


Airbus to Use AI in Designing FCAS Flight Control Software - Avionics

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At the 2019 Paris Air Show, Dassault Aviation showed a mockup of the FCAS sixth generation fighter jet for the first time publicly. A new partnership between ANSYS and Airbus Defense and Space will develop a new artificial intelligence design tool to create the embedded flight control software for Europe's Future Combat Air System (FCAS). FCAS is a next-generation air combat development program involving France, Germany and now Spain to develop a system of fully automated remote air platforms and sixth-generation fighters that will replace the current generation of Eurofighter and Rafale jets operated by those three countries. Dassault and Airbus are the lead prime manufacturers for the FCAS program. A mockup of the future FCAS stealth fighter concept was shown publicly for the first time during the 2019 Paris Air Show.


While We Wait For Artificial Superintelligence, Let's Make The Most Of Augmented Intelligence

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The increasing buzz of artificial intelligence in news and science fiction generally creates an illusion that machines might imitate and surpass human intelligence. However, that is only a type of artificial intelligence called artificial superintelligence. Artificial superintelligence is something that can be seen in sci-fi movies like Interstellar, where TARS assists the astronauts in their space mission along with having human-like conversations. However, there are also other sci-fi fantasies like the one in'Avengers: Age of Ultron,' where the artificial superintelligence-based antagonist decides to wipe out humanity itself. Such scenarios are concerning people and even tech leaders like Bill Gates and Elon Musk who have warned against the expansion of AI.


Why UX is pivotal to the future of SEO

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Search engines are advancing at the fastest rate we've seen in many years thanks to machine learning. These advances have allowed the search engines to focus on providing the most relevant results, not only in terms of content, but also in terms of user experience (UX). At the end of the day, what is good for the consumer is good for organic search performance -- especially if we consider how machine learning is becoming ever more central to search algorithms and incorporating areas such as search sequence, as well as content quality, structure and sentiment. To keep pace, agencies and marketers must broaden their SEO approach by placing a much greater focus on UX across the full range of owned assets. The following explores the two areas central to making this a reality.


The Machine Learning Big Data Guide for HR & Recruiting #hrtechconf

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This is a two part series that dives into the basics for machine learning for human resources and recruitment. Click here to visit Part 1. In a world where the demand for qualified knowledge workers is greater than ever before, highly-skilled professionals expect nothing less than the best from their employers when it comes to workplace benefits, compensation and development for themselves as well as their employees. But, in this highly competitive business world, talent management and development takes a back seat to business plans and meeting ever looming deadlines. In 2015, talent management, specifically employee development is becoming a priority for employers as they re-evaluate the cost of recruiting, hiring and onboarding in comparison to the cost of retaining and developing internal talent within the organization.


Technology & Recruiting In 2025 By Adhiraj Dey - ITC

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Attracting the best talent is the ultimate motive for recruiting professionals. In discussion with Mr. Adhiraj, Vice President (HR), ITC, we at CareerBuilder were acquainted with some innovative thoughts on how technology and recruiting would take place in 2015. "As technology continues to develop, can we assume that businesses will still be using recruiters 10 years from now? There are grounds for doubt, but it seems on the contrary that recruiters will have a highly strategic role to play in attracting and motivating the best talents for the projects, management and operations of the organizations they serve. One thing is certain, however: the digital transformation that began in 1995 with the advent of the Internet compels us to rethink everything.


Nevada nuclear test site to trial atomic disaster technology

Daily Mail - Science & tech

The US government is set to deploy two radiation-detecting drones at the former'Nevada Test Site' to test new sensing capabilities that could help in future nuclear disasters. The'Sandstorm' unmanned aircraft will be used for remote radiation sensing and environmental monitoring, along with other security applications. Researchers are now working to expand the sensor technology for unmanned aerial systems, and they expect the Sandstorm drones to begin tests in the fall. The'Sandstorm' unmanned aircraft, above, will be used for remote radiation sensing and environmental monitoring, along with other security applications. The drones were purchased from Unmanned Systems Inc (USI).


Why your consumer product sales strategy needs to incorporate

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For consumer product companies to leverage sales and increase overall growth, professional development is a top priority for the VP of sales. But it can be challenging to determine where to allocate resources and training budgets. The VP of sales needs to pay careful attention to return on investment (ROI) and ensure that educational spending is improving sales team performance. Here are three data-driven approaches that executives can use to tackle team education and enablement challenges for consumer product sales. At a CPG company, the VP of sales is responsible for developing and driving go-to-market strategies while also ensuring a unified value proposition.


North Korea lifts veil on arms program to impress enemies and its own people

The Japan Times

SEOUL/WASHINGTON – Ahead of a rare congress of the ruling party next month, secretive North Korea is revealing details of its weapons development program for the first time, showcasing its push to develop long-range nuclear missiles despite international sanctions. Until recently, information on the North's weapons program was hard to come by, with foreign governments and experts relying on satellite imagery, tiny samples of atomic particles collected after nuclear tests and mangled parts recovered from long-range launches. In just over a month, the North has published articles with detailed color photos on a range of tests and other activities that point to fast-paced efforts to build a nuclear-armed intercontinental ballistic missile (ICBM). The reason for the revelations, many analysts say, is that Pyongyang believes that convincing the world, and its own people, of its nuclear prowess is as important as the prowess itself. Nevertheless, the isolated North's true capabilities and intentions remain unknown.