Debates about AI are everywhere these days. Families are chatting about its impacts on their lives. Politicians are deliberating over the laws that oversee it. Workers are talking about the risks of job automation. Entrepreneurs are chewing over the business opportunities. And the tech world is discussing what everyone else will be discussing next. Unfortunately, these conversations have also attracted countless scoundrels. They join the chat with wild promises and heavy doses of AI snake oil. But behind their breathless hype, remarkable innovations are emerging. Don’t believe me? Well, just take a look at this week’s Nobel Prize winners.  On…

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Deep tech startup Mybridge has emerged from the shadows with an €8mn investment to fuel its objective — to revolutionise the way we take photos. Founded by Håkon Espeland and Anders Tomren in 2020, Muybridge has spent the last four years developing real-time computer vision technology that uses software to replace most of the moving parts found in traditional cameras. “Muybridge is one of those rare companies that has managed to combine enabling technologies in a way that opens a new paradigm,” said Filip Petersson, partner at Scandinavian VC Fairpoint Capital, the lead investor in the funding round.   Muybridge’s co-founder…

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British VC fund Founders Factory has launched the Mining Tech Accelerator in partnership with Rio Tinto, as the metals giant seeks to find better ways to cash-in on surging demand for lithium, copper, and other materials critical to the clean transition. In April, Rio Tinto committed 14.4mn Australian dollars (€8.8mn) to the accelerator, which will support pre-seed and seed-stage startups over the next three years. The partners unveiled the first cohort of six startups today. The fledgling companies will now enter a four-month programme that will conclude in Perth, Australia in December.   “We understand the vast opportunity ahead in decarbonising…

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Rising temperatures and unpredictable weather patterns have become a pressing concern within the UAE. In April, Dubai experienced its heaviest rainfall in 75 years over a 24-hour period, triggering floods and chaos. A team of researchers from the World Weather Attribution initiative reported that this event was driven partly by the climate crisis which was bringing on a 10%-40% intensity in rainfall levels. On July 20, temperatures also hit a high of 42 degrees centigrade at Dubai International Airport, according to data from the US National Weather Service. However, intense humidity that day compounded the heat to make it feel…

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Google DeepMind scientists Demis Hassabis and John Jumper today won this year’s Nobel Prize in Chemistry. The duo will share the prestigious prize — seen as the pinnacle of scientific achievement — with University of Washington professor David Bakker for his work on computational protein design. “This prize represents the promise of computational biology,” Jumper said during a press conference on Wednesday. Hassabis co-founded DeepMind in 2014. Jumper was appointed director last year. The duo won their Nobel Prize for developed an AI model that solved a 50-year-old challenge in biology: predicting the structure of proteins. Dubbed AlphaFold2, the tool…

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