Why is 3/20 So Important for Investors?

March 20, 2024
We have enjoyed 18 months of a new bull market with nearly 50% gains in hand from market bottom for the S&P 500 (SPY). What happens next has a LOT…

A wave of drugs dreamed up by AI is on its way

March 20, 2024
Alex Zhavoronkov has been messing around with artificial intelligence for more than a decade. In 2016, the programmer and physicist was using AI to rank people by looks and sort through pictures of cats. Now he says his company, Insilico Medicine, has created the first “true AI drug” that’s advanced to a test of whether…

Chinese platforms are cracking down on influencers selling AI lessons

March 20, 2024
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. Over the last year, a few Chinese influencers have made millions of dollars peddling short video lessons on AI, profiting off people’s fears about the as-yet-unclear impact of the new technology on…

White House proposes up to $8.5B to fund Intel’s domestic chip manufacturing

March 20, 2024

Well before President Joe Biden signed the CHIPS and Science Act into law back in August 2022, Intel has been a cornerstone of U.S. efforts to increase domestic chip manufacturing. This morning, the White House announced an agreement with the Department of Commerce that would deliver the silicon giant up to $8.5 billion to shore […]

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Pocket FM bags $103M in funding as it eyes global expansion

March 20, 2024

India-based audio platform Pocket FM has secured $103 million in Series D funding led by Lightspeed Ventures with participation from Stepstone Group. The company, which counts Tencent and Times Internet as backers, aims to expand into Europe and Latin America after looking at positive results in the U.S. market. The company has now raised $196 […]

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Smart ring maker Ultrahuman has its eye on Oura’s crown

March 20, 2024

India’s Ultrahuman is prepping for a growth tear. Today it’s announcing the close of $35 million in Series B* funding, a mix of equity ($25M) and debt. The smart ring startup is a less familiar name than category veteran — and market leader — Oura. But founder Mohit Kumar tells TechCrunch he sees a route […]

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PocketHealth eases doctor-patient communications with easy image exchange

March 20, 2024

Have you ever needed a copy of your medical imaging to take to your doctor or another healthcare provider and received the images on a CD? Many radiologists still use this ancient format to transfer patients’ imaging files. A startup called PocketHealth has built an medical image exchange platform to digitize the process for every patient […]

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India’s electric two-wheeler startups surge to over 150 players as government revs up EV push

March 20, 2024

The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis. The influx has intensified competition in a segment expected to grow 15-20 times to annual sales of 15-20 million units […]

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Cure51 raises a €15M Seed round aiming to crack the code on cancer survival

March 20, 2024

Rather than grimly assembling data about cancer deaths to predict outcomes in treatment, the founders of Cure51 had another idea. They decided to turn the model around 180 degrees. Instead, the company assembles data about long term survivors of cancer, thus hoping to crack the code on what keeps people alive. It’s now raised a […]

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The Carevoice raises $10M Series B, bucking the funding slowdown in health tech

March 20, 2024

The field of insurance technology has had a rough time. About 7 years ago, early insurtech companies promised to disrupt the insurance industry with new tech, but today, most of those companies have either been acquired or are floundering in the public markets. Fortunately, insurtech has found a new wave to ride in the past […]

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