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AMP Robotics attracts investment from Microsoft’s Climate Innovation Fund

TechCrunch

AMP Robotics , a Denver, Colorado-based startup creating robotic systems that can automatically sort recyclable material, today announced that it extended its Series C round to $99 million, thanks to an investment from Microsoft’s Climate Innovation Fund. ” A sorter machine from AMP Robotics.

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How the new AI executive order stacks up: B-

CIO

In contrast, US regulators must have a light touch with startups to maintain the country’s leadership position in innovation. Naturally, such guidelines are only effective in encouraging innovation if they are consistently applied. Regulation of AI research and development makes little sense, given the speed of innovation.

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IT leaders explore footing amid shifting needs and the AI power struggle

CIO

During COVID-19 lockdowns, for example, specialty chemicals manufacturer Albemarle developed a VPA to provide self-service assistance to over 7,000 employees at home, including a natural language interface with a chat bot, and enough AI to help people interface seamlessly with several business applications at a time.

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World Fund joins $128M bet that quantum can deliver climate breakthroughs

TechCrunch

Quantum computing trades the bits of conventional computers for quantum bits, and in theory, quantum machines may be better suited for solving some highly complex problems in fields like chemistry and machine learning. ” Other investors in the latest round include the EU’s European Innovation Council and Tencent.

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Financial IT leaders prep for a quantum-fueled future

CIO

Their work earned them a 2023 US CIO 100 Award for IT innovation and leadership. But quantum also holds the promise to make machine learning more efficient as well, says Vishal Shete, managing director UK and head of commercialization at Terra Quantum AG.

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Synthetic DNA startup Catalog partners with Seagate for its DNA-based data storage platform

TechCrunch

While a traditional microprocessor processes binary code, Seagate’s chip has tiny reservoirs that process small amounts of synthetic DNA in liquid form; liquid from one reservoir on the chip can be processed with liquid from another reservoir to produce a chemical reaction.

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Planbox Acquires IdeaConnection, the Best-in-Class Open Innovation Expert Solver Network

Planbox

Planbox customers can now tap into a global solver network of highly skilled experts to develop innovative solutions for their most complex and pressing business challenges. This is the fourth acquisition for Planbox since 2015 as it continues to develop and lead with the most comprehensive agile innovation management solution in the market.