AI Drug R&D Startup XtalPi Announces Over 300 Million Series C Investment Led by SoftBank Vision Fund, PICC Capital, and Morningside

CAMBRIDGE, Mass. and SHENZHEN, China, Sept. 28, 2020 /PRNewswire/ — XtalPi, an Artificial Intelligence (AI) drug discovery and development technology company, today announces an oversubscribed Series C funding of $318.8 million co-led by SoftBank Vision Fund 2i, PICC Capital, and Morningside. The new round of financing is joined by over a dozen global investment companies in banking and technology, with follow-on investments from existing investors Tencent, Sequoia China, China Life, and SIG.

XtalPi Logo (PRNewsfoto/XtalPi Inc.)
XtalPi Logo (PRNewsfoto/XtalPi Inc.)

With the new round of funding, XtalPi will bring the power of quantum physics, AI, and almost limitless cloud resources to propel research scientists towards drug candidates with tailored pharmaceutical profiles. Its platform takes the unique approach of combining physics-based and data-driven models to comprehensively address all drug properties relevant to progression into clinical studies. By integrating the predictions of its virtual R&D platform with real-world data from modern laboratories, XtalPi

Read More
Read More

Amazon’s vision for the future: Cameras flying around your home, and in your car to record police stops

This week, Amazon unveiled a bunch of new products, including many with cameras in them. These new devices will roll out early next year.

KUOW looked into the potential benefits and some of the security concerns they present.

You know those Amazon Ring doorbells, that record footage of people who approach your front door?

Now, Amazon has put a Ring security camera on a drone. It mostly just sits on the shelf, not doing anything, with its camera blocked by the docking station. But once in awhile, it takes off and patrols the inside of your home, with the camera running. If it sees anything suspicious, it pings you on your phone.

Then there’s another Ring car camera. That one mostly watches for prowlers. But if you’re stopped by the police while driving, you can just say “Alexa, I’m getting pulled over,” and it will record the traffic stop.

caption: Amazon's Ring Car Cam

Enlarge Icon


Read More
Read More

Vision Guided Robots Technology Market by Manufacturers, Regions, Type and Application, Forecast to 2027

The MarketWatch News Department was not involved in the creation of this content.

Sep 24, 2020 (Profound via COMTEX) —
In this report, our team research the global Vision Guided Robots Technology market by type, application, region and manufacturer 2016-2019 and forecast 2020-2027. For the region, type and application, the sales, revenue and their market share, growth rate are key research objects; we can research the manufacturers’ sales, price, revenue, cost and gross profit and their changes. What’s more, we will display the main consumers, raw material manufacturers, distributors, etc.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Vision Guided Robots Technology in these regions, from 2016 to 2027 (forecast), covering
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
South America (Brazil, Argentina,

Read More
Read More

BlackSky will add night vision to Earth-watching satellites

Satellite factory
One of BlackSky’s Global satellites sits on a stand that’s visible at the center of this view of the LeoStella satellite factory floor in Tukwila, Wash. (GeekWire Photo / Alan Boyle)

BlackSky’s satellites are already producing frequently updated, high-resolution views of planet Earth — but now the company says its next-generation spacecraft will kick things up a notch.

There’ll even be night vision.

BlackSky, a subsidiary of Spaceflight Industries with offices in Seattle and Herndon, Va., announced today that its Gen-3 Global satellites will provide pictures with 50-centimeter spatial resolution, as well as short-wave infrared sensor readings.

That level of resolution for visual imagery will be twice as sharp as the current Gen-2 satellites’ 1-meter resolution. And the short-wave infrared imaging system should be able to deliver night-vision views as well as images of the ground that cut through obscuring smoke and haze.

BlackSky CEO Brian O’Toole told GeekWire that

Read More
Read More