<div>
  <ul>
    <li>
      <p>
        ZeroAvia, a hydrogen-based aviation solutions developer, announced a strategic collaboration with Shell.
      </p>
    </li>
    <li>
      <p>
        The two companies will design and deploy two commercial-scale mobile refuelers for use at ZeroAvia's R&amp;D site in Hollister, California. Shell will also supply low-carbon hydrogen to the facility and other locations across Western US.
      </p>
    </li>
  </ul>
  <p>
    &lt;ul&gt;&lt;li&gt;The collaboration will support ZeroAvia&rsquo;s 
    <a href="https://sp-edge.com/updates/9558">
      previously announced
    </a>
     testing of its hydrogen-electric aircraft and expects to scale up the company&rsquo;s Hydrogen Airport Refueling Ecosystem (HARE).&lt;/ul&gt;&nbsp;
  </p>
  <ul>
    <li>
      <p>
        Zero Avia also launched Europe's first landside-to-airside hydrogen airport pipeline. The 100-meter hydrogen pipeline operates alongside the company&rsquo;s hangar at Cotswold Airport in the UK.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.prnewswire.com/news-releases/zeroavia-makes-major-strides-in-hydrogen-refueling-with-shell-collaboration-and-airport-pipeline-launch-301543260.html">
      PR Newswire
    </a>
  </p>
  <p>
    <a href="https://www.autofutures.tv/2022/05/10/beam-mobility-asia-pacific/">
      Auto Futures
    </a>
  </p>
</div>


Hydrogen Economy

ZeroAvia partners with Shell for hydrogen refueling

Foundation Models

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>

 <p>Tencent has made improvements to and open-sourced its text-to-image large model (LM), known as Hunyuan. This model is reportedly the first Chinese diffusion model to use the Transformer (DiT) architecture and has a parameter size of 1.5 billion, making it an open-source text-to-image model. </p>
 <p>According to Tencent, the upgraded model shows enhanced capability in generating visual models, displaying a progress of over 20% compared to its predecessors. </p>
 <p>Hunyuan is available for use on platforms like Hugging Face and Github, and it is permission-free for commercial exploitation.</p>

</div>

Tencent upgrades and open sources text-to-image LM 'Hunyuan'

Leveraging personal data for custom-fit diagnosis and treatment

Precision Medicine

<div>
 <p>Fulgent Pharma and Moffitt Cancer Center have announced a partnership to expedite the development of personalized cancer therapies. This collaboration gives Moffitt priority access to Fulgent's resources and expertise to accelerate the advancement of clinical trials, enhance patient screening and share data. The companies will combine Moffitt's scientific knowledge with Fulgent's nanotherapeutic drug development platform to create personalized cancer treatments. </p>

 <p>Fulgent Pharma, a clinical-stage pharmaceutical company, specializes in the development and commercialization of novel cancer therapies. As a subsidiary of the nanobiotechnology company Fulgent Genetics, it uses technologies such as nanoencapsulation to enhance the delivery and effectiveness of cancer drugs. The company's pipeline includes targeted therapies for various cancers, including breast, lung, ovarian, colon, and pancreatic.</p>
</div>

Fulgent Pharma and Moffitt Cancer Center partner to advance personalized cancer therapies

<div>
 <p>Ambry Genetics and PacBio are collaborating to support the Pediatric Mendelian Genomics Research Center program managed by the University of California, Irvine, and the GREGoR Consortium. The partnership aims to identify genetic causes of rare diseases that went unnoticed in prior studies.</p>
 <p>Over the span of three years, the project will make use of long-read sequencing technology to analyze up to 7,000 human genomes. The primary focus is to gain insights into the causes of rare diseases, generate analytical methods for genetic data, and discover potential treatments.</p>
 <p>Pacific Biosciences of California (PacBio), a biotechnology firm, specializes in creating advanced sequencing systems. The company has developed its Single Molecule, Real-Time (SMRT) sequencing technology, providing accurate long-read sequencing. PacBio's products support numerous scientific applications, ranging from human genomics and microbial genomics to plant and animal sciences.</p>
</div>

Ambry Genetics and PacBio partner to advance rare disease research in pediatric genomics

<div>
 <p>Navigo Proteins and Oncodesign Precision Medicine have formed a partnership, with the goal of enhancing the development of new systemic radiotheranostic agents used in cancer treatments. The collaboration aims to develop treatments for metastatic and resistant cancers by creating radiotheranostic agents which can detect and eradicate tumor cells. The partnership will initially focus on developing two targets in oncology to the stage of drug candidates, with plans of extending the collaboration to additional targets in the future.</p>
 <p>Navigo Proteins is a German biotechnology company specializing in protein engineering, with a focus on the development of precision affinity ligands and biotherapeutics. Navigo uses its proprietary platforms, Precision Capturing and Precision Targeting, to create custom affinity chromatography solutions and develop novel biotherapeutics.</p>
</div>

Oncodesign Precision Medicine and Navigo Proteins partner for systemic radiotheranostic agents development

Sustainably solving the food shortages of the future

Smart Farming

<div>
 
 <p>Stara, an agribusiness solutions provider, has collaborated with One Smart Spray, a joint venture from Bosch and BASF, to launch Stara's Imperador 4000 Eco Spray in Latin America. One Smart Spray develops precise and intelligent herbicide spraying solutions.</p>
 <p>This new crop protection sprayer incorporates the precision weed management system designed by One Smart Spray. It can identify and spray weeds in real-time using AI technology and a camera-based system from Bosch. This system includes xarvio Digital Farming Solutions which are used for herbicide programs and automated documentation.</p>
 <p>According to Stara, this smart sprayer offers precision weed management and selective herbicide application. It also allows for herbicide application in different agronomic stages and conditions.</p>
 
</div>

Stara partners with One Smart Spray to launch Imperador 4000 Eco Spray

Data Infrastructure & Analytics

<div>
 
 <p>Alteryx, a cloud-based data analytics platform with AI-powered automation, has introduced Alteryx AiDIN Copilot. This AI assistant is designed to aid in the production of analytical workflows.</p>
 <p>The AiDIN Copilot employs Google Cloud's Gemini AI models, providing a conversational data interaction interface, leading to enhanced efficiency and quicker data insights.</p>
 <p>The AI assistant is intended to accelerate business problem-solving for both novice and experienced data workers. It does this by simplifying tools and minimizing manual configurations. Furthermore, it enables all employees to make data-informed decisions via a conversational AI interface and ensures that IT can deploy AI in a secure, governed environment, following Alteryx's Responsible AI Principles.</p>
 
</div>

Alteryx launches AiDIN Copilot, an AI assistant to build analytical workflows

<div>
 
 <p>Elastic, an analytics solution provider, has introduced a new product named "Search AI Lake".</p>
 <p>"Search AI Lake" is a cloud-based architecture tailored for real-time, low-latency applications like search and security. It's the underlying technology for the new Elastic Cloud Serverless offering, designed for effortless scaling and workload management.</p>
 <p>Main features of Search AI Lake consist of unlimited scaling, separate computing and storage, and real-time low-latency performance. The platform deploys smart caching and segment-level query parallelization to decrease latency and expedite data retrieval. It can self-scale to accommodate workload requirements and includes AI-based relevance, retrieval, and reranking capabilities.</p>
 <p>Being a distributed platform, Search AI lake allows users to pull data across different regions, cloud instances, or hybrid environments.</p>
 
</div>

Elastic rolls out Search AI Lake for low-latency search

<div>

<p>AssetWatch, a firm offering continuous monitoring services, has garnered USD 38 million in a Series B fundraiser. The round was led by Wellington Management and featured involvement from G2 Venture Partners, Triangle Peak Partners, Standard Investments, Osage University Partners, and JobsOhio Growth Capital Fund.</p>
<p>The company intends to utilize this investment to hasten innovation processes and aid in business expansion.</p>

</div>

AssetWatch raised USD 38 million in Series B funding to accelerate innovation

<div>
 
 <p>Scotland-based AI startup, Malted AI, has secured EUR 6.9 million (~USD 7.5 million) in seed funding through a round led by Hoxton Ventures and with contributions from Creator Fund and various angel investors.</p>
 <p>The invested funds will be utilized for research, product development and staff recruitment to expand the existing team.</p>
 <p>The technology provided by Malted AI is aimed at reducing large language models (LLMs) to smaller, highly specialized language models (SLMs). These SLMs help reduce costs and improve performance in AI-related tasks, thereby providing more efficient and precise solutions to complex challenges faced by enterprises.</p>
 
</div>

Malted AI raises EUR 6.9 million in seed funding round for research and development

<div>
 
 <p>The co-founder of Instagram, Mike Krieger, has been named the very first chief product officer (CPO) for Anthropic, a firm focused on creating AI technology and applications. In this role, he will oversee product design, engineering, and management as Anthropic continues to grow its AI applications offerings. Moreover, he will manage the company's software, subscriptions, and professional services.</p> 
 <p>Krieger departed Instagram in 2018 and subsequently co-founded Artifact - a customized news application that was later bought by Yahoo. His significant contributions to user experience and product development at Instagram before its acquisition by Meta were key to the platform's success.</p>
 
</div>

All Updates