What the Floq: The secret mission Of Google

Google

Quantum computing requires state-of-the-art tools to perform high-end computing. This is where TPUs come in handy. The liquid-cooled Tensor Processing units, built to slot into server racks, can deliver up to 100 petaflops of compute. It powers Google products like Google Search, Gmail, Google Photos and Google Cloud AI APIs. 

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Foresite Capital raises $969 million fund to invest in healthcare startups across all stages of growth

Foresight Healthcare

Health and life science specialist investment firm Foresite Capital has raised a new fund, its fifth to date, totally $969 million in commitments from LPs. This is the firm’s largest fund to date, and was oversubscribed relative to its original target according to fund CEO and founder Dr. Jim Tananbaum, who told me that while […]

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Artificial Intelligence in the Corporate Boardroom

AI Board room

Alphabet, the parent company of Google GOOG -0.8%, is the leading tech company that decided to invest a lot of resources and funding in artificial intelligence. So much so, that the WSJ recently announced that AI is central to Google’s future. Not surprisingly, Google has been dealing with different challenges concerning its top AI executives and researchers. Activists shareholders are also showing interest in this. Recently, there is a rise in shareholder proposals calling on boards to ensure proper AI governance. 

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Alphabet’s Verily teams up with Microsoft to power multi-cloud biomedical research

Tera Workspaces

Verily, Alphabet’s research subsidiary focused on life sciences, has announced a strategic partnership with Microsoft and Broad Institute of MIT and Harvard to adopt a new multi-cloud approach to biomedical research. The news comes less than a month after Verily raised a fresh $700 million in funding from parent Alphabet, Silver Lake, and Temasek.

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13 acquisitions highlight Big Tech’s AI talent grab in 2020

It’s no secret that Big Tech has for years nabbed top technology talent through product acquisitions and acqui-hires. In fact, this is something the Federal Trade Commission (FTC) is currently looking into through ongoing antitrust investigations. So it should come as little surprise that Facebook, Amazon, Apple, Microsoft, and Alphabet (FAAMG) have also engaged in an AI talent arms race that involves dangling millions of dollars in front of some of best technical minds.

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Google told its AI research scientists to ‘strike a positive tone’ on sensitive topics

(Reuters) — Alphabet’s Google this year moved to tighten control over its scientists’ papers by launching a “sensitive topics” review, and in at least three cases requested that authors refrain from casting its technology in a negative light, according to internal communications and interviews with researchers involved in the work.

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DeepMind, Google’s AI unit, reports big loss

DeepMind requires deep pockets. Reports surfaced this week that the London-based AI lab acquired in 2014 by Google parent Alphabet for about $600 million lost a staggering $649 million in the last year. The Financial Times and other media outlets also reported Thursday (Dec. 17) that Alphabet (NASDAQ: GOOGL) has written off roughly $1.5 billion in debt associated with loan and interest repayments due from DeepMind.

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Outstanding returns using Sentiment Analysis to predict Alphabet (Google) stock price

The goal of this article is to predict if the stock price for Alphabet (GOOGL) will be higher or lower at the end of any given day, using news from the closing time of the previous day’s trading session (4 pm EST for the NYSE) to before market hours of that day (9:30 am EST).

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