Archive for the ‘finance’ category: Page 89
May 27, 2019
Luba Greenwood, J.D., Head of Strategic Business Development and Corporate Ventures at Verily (formerly Google Life Sciences) — ideaXme show — Ira Pastor
Posted by Ira S. Pastor in categories: aging, big data, bioengineering, business, finance, health, innovation, life extension, science, transhumanism
May 25, 2019
SpaceX Starlink Will Equal Launch Revenue in 2020 and Will Make Elon the World’s Richest Person by 2023
Posted by Klaus Baldauf in categories: Elon Musk, finance, satellites, sustainability
SpaceX has successfully deployed sixty production versions of the Starlink Satellite. They are targeting six Starlink launches through the next six months. Those six launches will place 360 Starlink satellites into orbit. The pace of Starlink launches will increase with six more launches by the end of April 2020. This will enable SpaceX to generate a lot of revenue for service to North America, Europe and Asia. The revenue will be from reducing latency in financial trading communication.
SpaceX and Elon Musk will be made financially secure by 2023 and will have the $20 billion per year budget of NASA. If Elon has a 30X on his 54% share of SpaceX, then with Elon would have 30 times $10 billion in 2024 (50% of $20 billion in 2024). This means Elon would be worth over $300 billion without including any valuation for Tesla.
If Tesla still had any financial issues, Elon would be able to lend money from SpaceX to Tesla by late 2020 or 2021. Elon used Tesla to buyout Solarcity. In 2018, financial analysts speculated that Elon could his SpaceX stake as collateral in a buyout of Tesla. If SpaceX is worth $100 billion late in 2020 and then $200 billion in 2021, Elon would easily be able to fund a Tesla buyout with his $54 billion and then $108 billion of SpaceX (versus about $15 billion today).
May 20, 2019
Computers will be like humans by 2029: Google’s Ray Kurzweil
Posted by Quinn Sena in categories: engineering, finance, Ray Kurzweil, robotics/AI
In less than two decades, you won’t just use your computers, you will have relationships with them.
Because of artificial intelligence, computers will be able to read at human levels by 2029 and will also begin to have different human characteristics, said Ray Kurzweil, a director of engineering at Google.
“My timeline is computers will be at human levels, such as you can have a human relationship with them, 15 years from now,” he said. Kurzweil’s comments came at the Exponential Finance conference in New York on Wednesday.
Continue reading “Computers will be like humans by 2029: Google’s Ray Kurzweil” »
May 15, 2019
Dr. Matthew Roberts, CSO and SVP Innovation, Chromadex — ideaXme — Ira Pastor
Posted by Ira S. Pastor in categories: aging, biotech/medical, business, chemistry, DNA, finance, genetics, health, life extension, transhumanism
May 10, 2019
Repair Biotechnologies Raises a $2.15M Seed Round
Posted by Steve Hill in categories: biotech/medical, finance, life extension
Great news for Repair Biotechnologies a new startup company developing solutions to age-related immune system decline and heart disease.
In 2018, Reason and Bill Cherman founded Repair Biotechnologies, which, as its name suggests, is a rejuvenation biotechnology company focused on damage repair approaches to aging. The company has recently completed a seed round of investment funding, with a total of $2.15 million being put into the company’s coffers to bolster research and development. Reason described this seed round as follows:
We are very pleased to have the support of noted investors such as Jim Mellon. They are the people who are presently providing the fuel and publicity for ever faster progress in the longevity biotechnology industry.
Continue reading “Repair Biotechnologies Raises a $2.15M Seed Round” »
May 9, 2019
Human lifespan could soon pass 100 years thanks to medical tech, says BofA
Posted by Klaus Baldauf in categories: biotech/medical, finance
May 9, 2019
Stem cell scientists clear another hurdle in creating transplant arteries
Posted by Quinn Sena in categories: biotech/medical, finance
Cardiovascular disease is a major cause of death worldwide, and treating it isn’t easy. The disease wreaks havoc on patients’ blood vessels and can require complex bypass surgery.
Scientists at the Morgridge Institute for Research are working toward a dream of creating artery banks—similar to blood banks common today—with readily-available material to replace diseased arteries during surgery.
The latest work in the lab of Morgridge regenerative biologist James Thomson puts the science one step closer to that goal.
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May 9, 2019
Major Bank: The Immortality Industry Is the Next Hot Investment
Posted by Quinn Sena in categories: biotech/medical, finance, life extension
Longevity companies have often risen and fallen with little ado. But if these financial experts are correct that biotech companies are poised to start “bringing unprecedented increases to the quality and length of human lifespans,” per CNBC, then we may start seeing serious results out of the industry.
“New Frontier”
Bank of America’s predictions would mean a six-fold increase in the amount of money in longevity companies. In a report to clients reviewed by CNBC, analysts wrote that the human lifespan may soon extend to 100 years.
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May 9, 2019
S-money: Ultra-secure form of virtual money proposed
Posted by Quinn Sena in categories: computing, economics, finance, quantum physics, security, space
A new type of money that allows users to make decisions based on information arriving at different locations and times, and that could also protect against attacks from quantum computers, has been proposed by a researcher at the University of Cambridge.
The theoretical framework, dubbed ‘S–money’, could ensure completely unforgeable and secure authentication, and allow faster and more flexible responses than any existing financial technology, harnessing the combined power of quantum theory and relativity. In fact, it could conceivably make it possible to conduct commerce across the Solar System and beyond, without long time lags, although commerce on a galactic scale is a fanciful notion at this point.
Researchers aim to begin testing its practicality on a smaller, Earth-bound scale later this year. S-money requires very fast computations, but may be feasible with current computing technology. Details are published in the Proceedings of the Royal Society A.
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