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Biopharma startup Metsera made waves in April when it emerged from stealth mode with a hefty $290 million in funding from prestigious backers. Led by a team of seasoned scientists and executives, Metsera is on a mission to tackle what could be one of the most lucrative pharmaceutical opportunities ever: obesity. The global market for obesity drugs is projected to surpass $100 billion by 2030. Currently dominated by Novo Nordisk and Eli Lilly, the market witnessed the remarkable success of Novo’s Wegovy and Lilly’s Zepbound, with combined sales exceeding $23 billion in 2023. This success has sparked intense competition…

Apple’s WWDC24: A Pivotal Moment for AI Integration Today marks a pivotal day for Apple as it hosts its annual Worldwide Developers Conference (WWDC). While WWDC is traditionally focused on unveiling upcoming operating system updates, this year’s event holds particular significance. Apple is expected to unveil its plans for integrating artificial intelligence features into its ecosystem. Given the anticipation surrounding Apple’s AI strategy, this year’s keynote is expected to draw significant attention. But when does the keynote begin, and how can you tune in? Here’s what you need to know. Keynote Timing: Apple’s 2024 WWDC keynote commences today, Monday, June…

The future of air defense in U.S. military operations may owe a lot to the same technology you use to heat up popcorn for a Netflix binge. Just weeks after disclosing the deployment of high-energy laser weapons overseas, the Army has taken possession of a platoon of four “Leonidas” high-powered microwave weapons from defense contractor Epirus, the company announced in mid-May. And like their laser cousins, several of those systems are reportedly slated to undergo testing at the hands of American soldiers in the Middle East. A high-powered microwave is a type of directed-energy weapon that generates a cone of…

Apple’s WWDC to Unveil Its AI Foray: Catching Up to Revolutionize Tech Apple’s annual World Wide Developers Conference (WWDC) slated for Monday is poised to mark the tech giant’s foray into generative artificial intelligence, a move that positions it to catch up in a realm anticipated to be as groundbreaking as the advent of the iPhone. The event is highly anticipated to showcase AI integration across iPhone and other Apple products, elevating the capabilities of its virtual assistant Siri and enhancing user experiences in various domains like photography, music, messaging, and possibly emoji creation. True to its tradition of secrecy,…

Tesla Courts Retail Investors to Secure Support for Musk’s $56 Billion Compensation Plan As Tesla grapples with divided opinions among major shareholders regarding Elon Musk’s proposed $56 billion pay package, the company is turning to retail investors, who constitute a significant portion of its ownership base, for crucial backing. While small investors tend to lean towards supporting management, their historically low voting turnout presents a challenge. Tesla’s upcoming June 13 annual meeting is poised to become a pivotal moment, essentially serving as a referendum on Musk’s leadership, particularly following a Delaware court’s invalidation of the hefty compensation plan. The stakes…

U.S. Appeals Court Rejects Uber and Postmates’ Challenge to California Worker Classification Law In a blow to Uber and its subsidiary Postmates, a U.S. appeals court ruled on Monday against their attempt to revive a legal challenge to California’s AB 5 law, which could compel certain businesses to treat gig workers as employees rather than independent contractors. The 9th Circuit Court of Appeals affirmed the decision of the lower court, stating that the plaintiffs failed to demonstrate that AB 5 unfairly targeted app-based transportation companies. Circuit Judge Jacqueline Nguyen, in the court’s opinion, noted plausible reasons for differentiating transportation and…

Apple’s Grand Entry into the AI Arena: Personalization, Privacy, and Potential At last, Apple has decisively entered the AI landscape. In a significant move announced at the WWDC developer conference on Monday, the tech giant unveiled a suite of new AI-driven features and revealed a strategic partnership with OpenAI, a leading name in generative AI. Apple’s approach to AI is clear and consistent: prioritize practicality, personalization, and, most crucially, privacy. While some of the newly introduced features might not push the boundaries of AI innovation, they are meticulously crafted to leverage Apple’s core strengths. Among the newly announced AI capabilities,…

Forget ‘Her’. If You Want to Understand AI Companions, Watch ‘Ex Machina’ Instead. When OpenAI launched the voice assistant ChatGPT-4o in May, users couldn’t help but draw comparisons to Spike Jonze’s 2013 film “Her.” Scarlett Johansson, who voiced the AI assistant Samantha in the movie, even remarked on the uncanny resemblance of ChatGPT-4o’s voice to her own. Yet, while “Her” captures the essence of our current AI interactions, it’s Alex Garland’s “Ex Machina” that truly sketches the future of AI companions. As AI transitions from disembodied voices to physical entities, the chilling narrative of “Ex Machina” becomes a critical forecast.…

Hitachi Group is set to deploy Microsoft’s advanced artificial intelligence services to 270,000 of its employees over the next three years, aiming to significantly boost operational efficiency and productivity. This ambitious initiative will integrate the Microsoft cloud, including Azure OpenAI Service, Dynamics 365, Copilot for Microsoft 365, and GitHub Copilot, into Hitachi’s Lumada solutions. Lumada focuses on transforming customer data into actionable insights, enhancing decision-making processes and operational outcomes. “We are entering a new era of AI with the promise to deliver transformative business outcomes across every role and industry,” said Satya Nadella, chairman and CEO of Microsoft. “Our expanded…

Microsoft is set to transform the customer service landscape with its latest offering, Dynamics 365 Contact Center. Launching on July 1, 2024, this new Copilot-first contact center solution promises to “transform service experiences,” according to Jeff Comstock, corporate vice president of Dynamics 365 Customer Service. Dynamics 365 Contact Center leverages generative artificial intelligence to streamline and enhance customer support workflows across all communication channels. The solution integrates self-service options, intelligent routing, and agent-assisted service into a unified platform, enabling customer service representatives to address issues more efficiently while lowering operational costs. Built natively on the Microsoft cloud, Dynamics 365 Contact…