Author: bigboss
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Anthropic claims that the Claude 3 Haiku is the most rapid model in its category
– Anthropic releases Claude 3 Haiku, the fastest and most affordable AI model in its class – Haiku offers state-of-the-art vision capabilities and strong performance on industry benchmarks – Pricing model for Haiku has an input-to-output token ratio of 1:5, prioritizing enterprise workloads and security features Anthropic has introduced the Claude 3 Haiku, an AI…
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What to Expect in 2024 and Lessons Learned from BESS’s Major Achievements in 2023
– The energy storage industry has continued to grow in 2023, but is facing hurdles such as global interest rate rises and changes in local regulations that are expected to delay projects. – Supply chain disruptions due to the COVID-19 pandemic have mostly been resolved, allowing for more lithium carbonate to be devoted to energy…
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Profluent, driven by Salesforce research and Jeff Dean’s support, leverages AI for pharmaceutical discovery
– Salesforce spearheaded project ProGen to design proteins using generative AI – Research culminated in successful creation of 3D structures of artificial proteins – Researcher Ali Madani launched company Profluent to bring protein-generating tech to pharmaceutical companies for drug development Salesforce initiated ProGen, a project using generative AI to design proteins that could potentially reveal…
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Report: Adam Neumann Attempts to Acquire WeWork for Over $500 Million
– Adam Neumann submitted a bid of over $500 million to buy back WeWork – Neumann has been trying to regain control of the bankrupt coworking company since his ousting – WeWork filed for bankruptcy in November 2023, with Neumann meeting with the company several times since December to discuss purchasing or financing it. Adam…
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California authorizes energy export timetables for Distributed Energy Resources
1. California Public Utilities Commission allows renewable energy systems to interconnect to the electric grid using Limited Generation Profiles (LGP) 2. Utilities must provide hosting capacity data for each node on their distribution system, allowing clean energy developers to design LGPs to avoid costly grid infrastructure upgrades 3. CPUC limits instances of permanent curtailment of…
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UAE to provide funding for OpenAI’s internal chip development
1. OpenAI plans to develop its own semiconductor chips with potential investment from UAE’s state-backed group MGX. 2. OpenAI seeks trillions of dollars in investments to reduce reliance on Nvidia for semiconductor chip technology. 3. UK’s participation in the EU’s Chips Joint Undertaking provides enhanced funding for research in semiconductor technologies, boosting Britain’s strengths in…
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Is the Offshore Wind Industry Meeting Expectations for 2024?
1. TGS has released a comprehensive Market Overview Report on the global offshore wind industry for 2024, building on insights from the previous year. 2. The report highlights a healthy offtake auction schedule for 2024, with 32.9 GW of capacity set to be included globally, and notes a surge in corporate power purchase agreements. 3.…
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“AI-coustics: Using Generative AI to Combat Noisy Audio – Can You Hear Me Now?”
– AI-coustics is a German startup using generative AI to enhance voice clarity in videos – The technology goes beyond noise suppression and can work across various devices and speakers – The company is funded with €1.9 million and aims to eliminate bias by recruiting diverse speech sample contributors AI-coustics, a German startup, has emerged…
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BYD aims to compete with Toyota and Volkswagen through new price reduction strategy
1. BYD is aggressively cutting prices on electric vehicles to make them more affordable and attract customers away from traditional automakers. 2. The price war in China’s auto market is intensifying, with new energy vehicles accounting for a growing percentage of sales. 3. BYD aims to challenge Tesla and other legacy automakers by offering cheaper…
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The US Allocates $6 Billion to Support Industrial Decarbonization and Electrification
– US DOE announces a $6bn federal funding package for decarbonisation of 33 industrial projects across 20 states – Funding will come from President Biden’s Infrastructure Law and focus on highest emitting industries like steel, paper, concrete, and glass making – Projects include electrification of industrial processes, introduction of hydrogen-based technology, and aim to cut…