Welcome to our monthly curation of emerging technology news tidbits and trends that help inform the research we do for our Avanade Trendlines program. Let's discuss any thoughts you have in the comments. Technology: AI for drug discovery Insilico Medicine, a Hong Kong biotech startup, has been working with the University of Toronto to leverage machine learning to create a new drug to prevent tissue scarring. Bringing a new drug to market usually costs billions of dollars and takes years. Insilico Medicine created its new drug in just 46 days. Insilico Medicine reached this milestone using reinforcement learning, an AI technique that hasn't yet fully impacted the enterprise.

Welcome to our monthly curation of emerging technology news tidbits and trends that help inform the research we do for our Avanade Trendlines program. Let's discuss any thoughts you have in the comments. Technology: An AI formula for fragrance Yes, AI is everywhere, including fragrance creation. One of the benefits is the ability for it to quickly generate lots of alternative ingredients or formulas. Mariya Nurislamova, Scentbird CEO, noted that when the company incubated its new Confession of a Rebel fragrance, it did so by using over a million data points from its 300,000 Scentbird subscribers.