Microsoft’s looking to invest in entrepreneurs creating the future of artificial intelligence

Microsoft is backing a competition that is seeking to find entrepreneurs who are “pushing the boundaries of artificial intelligence”.

Innovate.AI is searching for start-ups in North America, Europe and Israel who are developing cutting-edge AI for intelligent apps, services or platforms that will help companies and society.

One start-up per region will be handed $1 million in venture funding and $500,000 in Microsoft Azure credits. In addition to those three winners, the AI for Good prize will see a further $500,000 in funding paid by Microsoft and $500,000 in Azure credits handed to the applicant that can show the best use of AI to improve society.

“At Microsoft, the future is rooted in the advancement of AI technologies,” said Nagraj Kashyap, corporate vice president of Microsoft Ventures.

“We’re excited to launch this competition with a strong group of venture capitalists that recognizes the importance of leveraging these technologies to amplify human ingenuity and power innovation in AI forward.”

Alongside the corporate venture arm of Microsoft, Microsoft Ventures, Innovate. AI is also backed by the venture capital firms Madrona Venture Group, Notion Capital and Vertex Ventures Israel.

Up to 10 finalists will qualify from each region for a chance to pitch their innovation in person, but they must introduce a product, service or platform that utilises or intends to utilise AI techniques, as defined by relevant scientific research.

The start-ups will also only be considered if they have raised less than $4 million in combined equity funding or loans..

Image courtesy of Microsoft reporter

“Start-ups are already able to create significant businesses based on AI at the platform and application levels,” said S Somasegar, managing director of Madrona, which manages more than $1.3 billion.

“Now that they are leveraging emerging AI platforms, opportunities are increasing to create not only a great business, but one that has a strong and positive impact on society.

“As partners with our companies, we work every day to foster the kind of innovation that will change lives, and we are excited to work with Microsoft Ventures to identify passionate founders and teams that will build the next generation of intelligent applications.”

Since launching Microsoft Ventures last year, Microsoft has invested in more than 40 start-ups, and the company has also formed an AI fund to support start-ups focused on inclusive growth and a positive impact on society.

Start-ups have until December 31 to submit their entry to Innovate.AI.

DeepMind’s Go-playing AI can learn the game for itself now

Google’s AI subsidiary DeepMind believes it is one step closer to creating AI with general intelligence because its Go-playing software, AlphaGo, has been updated and can now teach itself how to play. AlphaGo Zero was only programmed with Go's basic rules, and from there it learns everything else by itself.

Source: The Verge

UK spies monitoring social media in mass surveillance tactic

The privacy rights group Privacy International says it has obtained evidence for the first time that UK spy agencies are collecting social media information on potentially millions of people. The discovery raises concerns about whether effective oversight of the mass surveillance programs is in place.

Source: TechCrunch

Blue Origin passes hot-fire test

Blue Origin, the aerospace company fronted and largely funded by Jeff Bezos, has released footage of its BE-4 engine's first and successful completion of a hot-fire test. The successful hotfire supports the idea that Blue Origin could in the future be used for orbital and deep space missions.

Source: Ars Technica

5G to be used by 1 billion people in 2023 with China set to dominate

Analysts at CCS Insight have predicted that 5G technology will be in place by 2020, with China being the main beneficiary. "China will dominate 5G thanks to its political ambition to lead technology development," said Marina Koytcheva, VP Forecasting at CCS Insight.

Source: CNBC

Climate change makes it more likely to see hurricanes in Europe

Meteorologists from the University of Bristol have predicted that the likelihood of hurricane-force storms hitting the UK, much like Hurricane Ophelia did this week, will be enhanced in the future due to human-induced climate change.

Source: New Scientist

Russia to launch 'CryptoRuble’

According to local news sources, Russian President Vladimir Putin has said that the nation will issue its own cryptocurrency at a closed door meeting in Moscow. The news broke via minister of communications, Nikolay Nikiforov.

Source: Coin Telegraph

Human habitat located on the Moon that will shield us from its extreme elements

Researchers have discovered a potential habitat on the Moon, which may protect astronauts from hazardous conditions on the surface.

No one has ever been on the Moon for longer than three days, largely because space suits alone can’t shield astronauts from its elements: extreme temperature variation, radiation, and meteorite impacts. Unlike Earth, the Moon also has no atmosphere or magnetic field to protects its inhabitants.

However, in a study published in Geophysical Research Letters, researchers have claimed that the safest place for astronauts to seek shelter is inside an intact lava tube.

“It’s important to know where and how big lunar lava tubes are if we’re ever going to construct a lunar base,” said Junichi Haruyama, a senior researcher at JAXA, Japan’s space agency.

Image courtesy of Purdue University/David Blair. Featured image courtesy of NASA/Goddard/Arizona State University

Lava tubes are naturally occurring channels formed when a lava flow develops a hard crust, which thickens and forms a roof above the still-flowing lava stream. Once the lava stops flowing, the tunnel sometimes drains, forming a hollow void.

The Lava tubes located by Purdue University researchers are said to be spacious enough to house one of the United States’ largest cities, and while their existence – and in particular their entrance near the Marius Hills Skylight – was previously known, their size was previously an unknown quantity.

“They knew about the skylight in the Marius Hills, but they didn’t have any idea how far that underground cavity might have gone,” said Jay Melosh, professor of Earth, Atmospheric and Planetary Sciences at Purdue University.

“Our group at Purdue used the gravity data over that area to infer that the opening was part of a larger system. By using this complimentary technique of radar, they were able to figure out how deep and high the cavities are.”

At the first meeting of the US’ reintroduced National Space Council, vice president Mike Pence announced that the Trump administration will redirect America’s focus to travelling back to the Moon.

Pence’s declaration marks a fundamental change for NASA, which abandoned plans to send people to the moon in favour of Mars under President Barack Obama.

“We will return NASA astronauts to the moon – not only to leave behind footprints and flags, but to build the foundation we need to send Americans to Mars and beyond,” Pence said.