DTN 013: The State of AI 2023
Plus: A guy makes ChatGPT the CEO of his company, China inserts tardigrade DNA into human stem cells, and more
Welcome to The Deep Tech Newsletter, a weekly exploration of the business, science, and engineering behind the world’s most important frontier technologies.
The Big Picture
Stanford just released a 386-page report on the state of AI
“Until 2014, most significant machine learning models were released by academia. Since then, industry has taken over. In 2022, there were 32 significant industry-produced machine learning models compared to just three produced by academia. Building state-of-the-art AI systems increasingly requires large amounts of data, computer power, and money—resources that industry actors inherently possess in greater amounts compared to nonprofits and academia.” (Stanford)
NASA Introduces first 3 astronauts to fly to the moon in more than 50 years
“If Artemis II is successful, it will set up the biggest event in human spaceflight since the 1970s: Artemis III, a mission that will send astronauts to the lunar surface. That is currently scheduled for no earlier than December 2025, and NASA has not yet named the astronauts who will be aboard that flight. NASA has promised that mission would include the first woman to walk on the moon.” (New York Times)
China Plans to Ban Exports of Rare Earth Magnet Tech
“China is considering banning the export of technologies used to produce high-performance rare earth magnets deployed in electric vehicles, wind turbine motors and other products, citing “national security” as a reason. China is believed to be seeking to seize control of the magnet supply chain and establish dominance in the burgeoning environment sector.” (Japan News)
Physical attacks on North American power grid rose more than 10% last year
“The electric grid is a “hyper complex risk environment” where reliability is threatened by a trio of dynamics: climate change, the retirement of traditional generation and physical and cyber attacks, officials said Wednesday. “The rate of software vulnerabilities being discovered is at an unprecedentedly-high rate,” Jim Robb, president and CEO of North American Electric Reliability Corp., said.” (Utility Dive)
Deep Tech News
Crypto News
The US is losing crypto talent as blockchain devs seek safer havens
Crypto’s double whammy: bank collapses and increased SEC scrutiny
Uniswap volume beats Coinbase and registers its best month since 2022
Binance denies Changpeng Zhao ‘CZ’ faces Interpol Red Notice
Treasury Says Crooks Prefer Fiat to Crypto in DeFi Risk Report
Peer Review
Scientists Find a 'Leak' in Photosynthesis That Could Be Tapped for Energy
Jumping genes in cancer cells open door to new immunotherapies
New quantum sensing method holds promise for improving greenhouse gas detection
Important step towards the quantum internet using diamond nanostructures
Funding x M&A
DEEP TECH
Babylon raises $8M for its self-contained vertical farming system
Sepura Home raises $3.7M to make your kitchen sink a composter
Alternative seafood startup Aqua Cultured Foods reels in $5.5M
Mojo Vision, a startup building smart contact lenses, raised a $22.4M Series A
Singapore quantum computing startup Horizon Quantum Computing raised an $18.1M Series A
Trobix Bio, astartup developing microbiome-based oncology therapeutics, raised $3M
CRYPTO
Re7 Capital, Republic Crypto go live with $100M fund for liquid tokens
Crypto wallet startup Ledger raised a $108M Series C extension at a $1.41B valuation
Miscellanea
77% of young Americans too fat, mentally ill, on drugs to join military / AI porn will never be sexy / Rational Dress Society / Hobbyist Finds Math’s Elusive ‘Einstein’ Tile / A guy made ChatGPT4 CEO of his company / I made a real life version of ‘Her’ / Evidence of drug use during Bronze Age ceremonies / America’s Tornadoes Are Evolving / What It Was Like to Fall into the Most Dangerous Plant / The Gambler Who Beat Roulette / Survey on AI risk / Apple hides copy of Bitcoin whitepaper in Macs / BloombergGPT
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