DTN 020: Satellite Beams Power to Earth for First Time
DTN 020: Satellite Beams Power to Earth for First Time
Plus: Psychedelic cryptographic messages, lung cancer pill cuts risk of death by half, SEC sues world's largest crypto exchanges, nuclear-powered cargo ships are so back, 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
Satellite beams solar power down to Earth, in first-of-a-kind demonstration
“Researchers have taken a small but necessary step toward realizing a long-standing dream: harvesting solar energy in space and beaming it down to Earth. A satellite launched in January has steered power in a microwave beam onto targets in space, and even sent some of that power to a detector on Earth. The transmitted power was small, just 200 milliwatts, less than that of a cellphone camera light. But the team was still able to steer the beam toward Earth and detect it with a receiver at Caltech. ““No one has done this before,” says space scientist Sanjay Vijendran at the European Space Agency.” (Science)
U.S. Congress to consider two new bills on artificial intelligence
“U.S. senators on Thursday introduced two separate bipartisan artificial intelligence bills amid growing interest in addressing issues surrounding the technology. One would require the U.S. government to be transparent when using AI to interact with people and another would establish an office to determine if the United States is remaining competitive in the latest technologies. The bill also requires agencies to create a way for people to appeal any decisions made by AI.” (Reuters)
Why AI Will Save the World
“The most validated core conclusion of social science across many decades and thousands of studies is that human intelligence makes a very broad range of life outcomes better. What AI offers us is the opportunity to profoundly augment human intelligence to make all of these outcomes of intelligence – and many others, from the creation of new medicines to ways to solve climate change to technologies to reach the stars – much, much better from here. AI augmentation of human intelligence has already started – AI is already around us in the form of computer control systems of many kinds, is now rapidly escalating with AI Large Language Models like ChatGPT, and will accelerate very quickly from here – if we let it.” (a16z)
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Deep Tech News
Scientists Guide Lightning Bolts with Lasers for the First Time
Boeing sued over alleged theft of IP, counterfeiting of tools used on NASA projects
Whistleblower: US Has Recovered Crafts of Non-Human Origin for Decades
Cryptographic messages that can only be understood under the influence of psychedelics
People Let a Startup Put a Brain Implant in Their Skulls—for 15 Minutes
Crypto News
SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations
SEC Sues Coinbase, Accuses Crypto Platform of Breaking Market Rules
Wall Street prepares to take on established crypto companies
Janet Yellen wants Congress to pass additional crypto regulation
Peer Review
Tiny gold particles can help harness energy from the sun to break down pollution
Researchers demonstrate noise-free communication with structured light
Team creates modular continuous robot based on origami-folded tubes
Researchers 'split' phonons in step toward new type of quantum computer
Funding x M&A
DEEP TECH
Contextual AI emerges from stealth with $20M to pursue ‘artificial specialized intelligence’
OpenAI Pledges $1M Towards AI-Driven Cybersecurity Initiatives
Cultured meat startup Higher Steaks nabs $30M and rebrands as Uncommon
Kate Therapeutics, a next-generation gene therapy company, raised a $51M Series A
Industrial-phase battery startup BeFC raised a $17.3M Series A
Alkeus Pharmaceuticals, a biopharmaceutical company focused on eye diseases, raised a $150M Series B
Forge Nano, a precision nano-coating technology company, raised $50M+ in funding
Carbon removal technology startup Charm Industrial raised a $100M Series B
Mycelium technology company Ecovative raised a $30M Series E
Fortify, a materials science and additive manufacturing startup, raised $12.5M
CRYPTO
Meanwhile, a Bitcoin life insurer backed by Sam Altman and Google’s VC fund, raises $19M
Haun Ventures Leads Argus Labs' $10M Raise for Ethereum Gaming Networks
Lens Protocol Raises $15M to Expand Decentralized Social Media
Miscellanea
OpenAI is getting sued for being biased with Y Combinator / A Social Media site where “No Humans” are allowed and AI Bots run the show / How Dreams Reveal Brain Disorders / Why Nuclear Fusion Won't Solve the Climate Crisis / Charlie Brooker Got ChatGPT to Write a Black Mirror Episode / Scientists claim >99 percent identification rate of ChatGPT content / Average color of the NYC sky every 5 minutes
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