Monday, December 23

Tag: development

Gene Editing Will Change Medicine—and Maybe Health Investing Too
24Nov By adminNo Comments
Money

Gene Editing Will Change Medicine—and Maybe Health Investing Too

It usually takes time for scientific discoveries in the lab to make their way to the market.The groundbreaking gene-editing technology known as Crispr, which acts like a molecular pair of scissors that can be used to cut and modify a DNA sequence, has moved rather quickly from the pages of scientific journals to the medical setting. Earlier this month, about three years after Jennifer Doudna and Emmanuelle Charpentier won the Nobel Prize in Chemistry for describing how bacteria’s immune system could be used as a tool to edit genes, regulators in the U.K. approved the first Crispr-based treatment for sickle cell disease and beta-thalassemia patients. The treatment, from Vertex Pharmaceuticals and Crispr Therapeutics, could be approved by the U.S. Food and Drug Administration early next mo...
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Amazon Launches Free AI Classes in Bid to Win Talent Arms Race
21Nov By adminNo Comments
World

Amazon Launches Free AI Classes in Bid to Win Talent Arms Race

Amazon.com is launching a program to train millions of workers in artificial-intelligence skills as the tech giant seeks to gain an edge in a pitched battle for talent with Microsoft, Google and other companies.Named “AI Ready,” Amazon’s new program plans to train at least two million people by 2025 on basic to advanced AI skills, including how to make use of the generative AI technology that has powered language-based models such as ChatGPT. Amazon aims to fill a gap in AI talent as it has sought to generate interest in its generative AI efforts after falling behind rivals. In launching its program, Amazon is adding to a broader effort by the corporate world to get workers in various fields trained in AI.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5e...
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OpenAI’s Ineffective Altruists vs. Sam Altman
21Nov By adminNo Comments
Business

OpenAI’s Ineffective Altruists vs. Sam Altman

Corporate power struggles aren’t rare, and most companies survive them. But the OpenAI board’s sudden ouster of CEO Sam Altman last week looks increasingly like a misguided kamikaze run. It’s hard to see who benefits from the melodrama besides opponents of innovation.News of Mr. Altman’s removal late Friday shocked Silicon Valley. Mr. Altman helped launch OpenAI in 2015 with the mission of responsibly developing artificial intelligence to benefit humanity. He has since become the technology’s public face, with media appearances and testimony to Congress.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Bayer Shares Tumble After Clinical Trial Failure, Loss in Roundup Case
20Nov By adminNo Comments
World

Bayer Shares Tumble After Clinical Trial Failure, Loss in Roundup Case

Updated Nov. 20, 2023 3:16 pm ETBayer shares fell sharply after the company stopped a late-stage study for a blood-thinning drug early because of lack of efficacy and was told to pay $1.56 billion in a lawsuit relating to its Roundup weedkiller.Bayer said late Sunday that it discontinued a Phase 3 clinical trial to test its experimental drug asundexian for prevention of stroke and systemic embolism for patients with the heart-rhythm disorder atrial fibrillation.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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OpenAI Glitch Shows Weaknesses in Microsoft’s AI Armor
20Nov By adminNo Comments
Money

OpenAI Glitch Shows Weaknesses in Microsoft’s AI Armor

Microsoft may have put out a five-alarm fire around its most important technology move in years. But fires leave scorch marks—and sometimes flare up again. A leadership crisis at Silicon Valley startup OpenAI over the weekend threatened to seriously singe the world’s second-largest company by market value. That is because OpenAI developed the key generative artificial-intelligence technology that has helped power Microsoft’s aggressive move into the field. Microsoft has invested a total of $13 billion into the company and already launched commercial products and services based on its technology, including a chatbot-enabled Bing search engine and a superpowered digital assistant called Copilot that can render emails, spreadsheets and PowerPoint presentations. Copyright ©2023 Dow Jones &...
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OpenAI Glitch Shows Weaknesses in Microsoft’s AI Armor
20Nov By adminNo Comments
World

OpenAI Glitch Shows Weaknesses in Microsoft’s AI Armor

Microsoft may have put out a five-alarm fire around its most important technology move in years. But fires leave scorch marks—and sometimes flare up again. A leadership crisis at Silicon Valley startup OpenAI over the weekend threatened to seriously singe the world’s second-largest company by market value. That is because OpenAI developed the key generative artificial-intelligence technology that has helped power Microsoft’s aggressive move into the field. Microsoft has invested a total of $13 billion into the company and already launched commercial products and services based on its technology, including a chatbot-enabled Bing search engine and a superpowered digital assistant called Copilot that can render emails, spreadsheets and PowerPoint presentations. Copyright ©2023 Dow Jones &...
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Amazon Launches Free AI Classes in Bid to Win Talent Arms Race
20Nov By adminNo Comments
Technology

Amazon Launches Free AI Classes in Bid to Win Talent Arms Race

Amazon.com is launching a program to train millions of workers in artificial-intelligence skills as the tech giant seeks to gain an edge in a pitched battle for talent with Microsoft, Google and other companies.Named “AI Ready,” Amazon’s new program plans to train at least two million people by 2025 on basic to advanced AI skills, including how to make use of the generative AI technology that has powered language-based models such as ChatGPT. Amazon aims to fill a gap in AI talent as it has sought to generate interest in its generative AI efforts after falling behind rivals. In launching its program, Amazon is adding to a broader effort by the corporate world to get workers in various fields trained in AI.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5e...
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Health Care Roundup: Market Talk
17Nov By adminNo Comments
World

Health Care Roundup: Market Talk

Updated Nov. 17, 2023 12:29 pm ETThe latest Market Talks covering the Health Care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0846 ET – Twist Bioscience is feeling optimistic about the year ahead after orders picked up and revenue exceeded analyst expectations in its F4Q, which ended Sept. 30. The San Francisco-based biotech company is expecting momentum behind its SynBio product group to be bolstered by Express Genes, its new gene synthesis service, and for its next-generation sequencing business to grow as customers advance their development and commercial plans, CEO Emily Leproust says. Twist is guiding for annual revenue to rise 16% to 18%, with that same growth rate for its SynBio unit. Twist expects 19% to 20% revenue growth for its next-ge...
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Cyber Experts Worry AI Could Create a World of Haves and Have-Nots
15Nov By adminNo Comments
World

Cyber Experts Worry AI Could Create a World of Haves and Have-Nots

Nov. 15, 2023 2:49 pm ET|WSJ ProNEW YORK—Cybersecurity experts said that the growing sophistication of artificial-intelligence systems could create a new poverty line for cyber, where companies that can afford to research and develop the technology end up better protected against hackers than those that cannot.Security chiefs and vendors say AI systems, and in particular generative AI, may offer significant benefits for defending against hacks. These include the ability to quickly sift through vast amounts of data to flag potential compromises, identifying vulnerabilities in products and serving as assistive research tools for analysts.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Protect your customers and organization from cyber riskS...
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