<div>
  <ul>
    <li>
      <p>
        Miso Robotics, a kitchen automation company, has received a multi-million dollar investment from Ecolab, a global provider of water, hygiene, and energy technologies, and has partnered with the same.
      </p>
    </li>
    <li>
      <p>
        Miso Robotics intends to utilize the funds to support operational growth and innovation. The companies also look to collaborate on opportunities to explore new automation and digital solutions for the food industry.&nbsp;
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake: </b>
        We believe that the investment and the partnership with Ecolab will support Miso Robotics&rsquo; expansion plans further. Miso currently has a presence across the US in partnership with brands such as 
        <a href="https://sp-edge.com/updates/9156">
          Chipotle Mexican Grill restaurants,
        </a>
         
        <a href="https://sp-edge.com/updates/6135">
          Inspire Brands
        </a>
        , 
        <a href="https://sp-edge.com/updates/9725">
          Panera Bread,
        </a>
         
        <a href="https://sp-edge.com/updates/9940">
          Jack in the Box,
        </a>
         
        <a href="https://sp-edge.com/updates/10692">
          Wing Zone,
        </a>
         
        <a href="https://sp-edge.com/updates/11567">
          Wings and Rings
        </a>
        , and 
        <a href="https://sp-edge.com/updates/11139">
          Americana Restaurants
        </a>
        . The company recently entered the 
        <a href="https://sp-edge.com/updates/14725">
          UK
        </a>
         market by launching its burger-making robot, &ldquo;Flippy 2,&rdquo; at a quick-service restaurant in the UK.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.prnewswire.com/news-releases/miso-robotics-announces-ecolab-partnership-and-investment-301827847.html">
      Press release
    </a>
  </p>
  <p>
  </p>
</div>


Restaurant Industry Robotics

Miso Robotics receives a multi-million dollar investment from Ecolab

Disrupting the traditional financial system using blockchain

Decentralized Finance (DeFi)

PROMINENT_CATEGORY

<div>

 <p>Sonne Finance, a DeFi lending protocol, recently suffered a loss of USD 20 million in USDC and Wrapped Ethereum tokens due to an exploit in its Optimism chain. Following the attack, Sonne Finance decided to suspend its Optimism Market, while its markets operating on Base, a supported layer-2 network, weren't affected. Both the vulnerability that led to the exploit and the identity of the attackers are currently being investigated.</p>
 <p>This DeFi lending protocol provided by Sonne Finance is an open-source decentralized system constructed on the Optimism chain. It offers users the ability to lend and borrow a variety of cryptocurrencies. Users are allowed to deposit their cryptocurrency assets, use these deposits as collateral, get loans against these assets, or earn yield from lending them out.&nbsp;</p>
 
</div>

Sonne Finance loses USD 20 million in hack

Artificial intelligence is identifying and testing new therapies faster than ever.

AI Drug Discovery

INCUMBENTS_PRESENT

<div>
<p>Massachusetts-based antibody drug developer Nabla Bio has secured USD 26 million in a Series A funding round led by Radical Ventures, with further participation from all existing investors. The company also revealed partnerships with AstraZeneca, Bristol Myers Squibb Company, and Takeda, promising potential earnings more than USD 550 million in upfront and milestone payments as well as royalties.</p>

<p>The funds raised will be utilized by Nabla Bio to expedite its drug development projects, mainly concentrating on antibodies that target multipass membrane proteins. The investment will be used in advancing the company’s research for formulating solutions to tackle difficult-to-drug targets and intricate cellular processes.</p>

<p>Nabla Bio is a biotechnology firm that uses AI to develop antibodies for treating tough diseases. The company's AI platform merges AI with massively parallel experimentation to design antibody therapeutics, mainly committing to complex multipass membrane proteins like G protein-coupled receptors (GPCRs) and ion channels.</p>
</div>

Nabla Bio raises USD 26 million in Series A funding; signs three Big Pharma deals

Helping employers provide personalized, high-touch, and holistic financial wellness tools to their entire workforce.

Financial Wellness Tools

ANALYST_QUICK_TAKE

<div>
 
 <p>Financial wellbeing support platforms, Kashable and BrightDime, have formed a partnership to offer free personalised financial coaching and money management tools. The collaboration aims to expand their product reach across the US.</p>
 <p>Their plan is to offer these services to more than 50 companies, including IKEA, Chobani, and Nasdaq, benefiting over 170,000 employees. Kashable users will be able to access free financial coaching sessions and other educational resources provided by BrightDime. </p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Early this year, Kashable secured USD 25.6 million in <a href="https:<br>
//sp-edge.com/updates/25686"> Series B funding </a> to support its expansion plans, develop new financial wellness services, and enhance its capabilities to extend affordable credit to employees across the credit spectrum.</p>

Kashable and BrightDime partner to grow product reach across US

Leveraging personal data for custom-fit diagnosis and treatment

Precision Medicine

<div>
 <p>Dandelion Health has introduced the GLP-1 Data Library, an extensive dataset developed to uncover new insights and opportunities related to the GLP-1 receptor agonist drug class. This library reportedly hosts health records of millions of patients from multiple health systems, featuring data from 200,000 patients on a variety of GLP-1 agonists.</p>
 <p>Data in the collection is comprised of both structured EHR data and raw clinical data generated during care procedures, integrating information from every stage of the patient's experience. The raw clinical data includes radiology images, ECG waveforms, and clinical notes.</p>
 <p>Dandelion Health uses its AI platform to harness real-world data for precision medicine. It looks into a range of longitudinal health records to provide important data to healthcare researchers, helping them in early diagnosis, personalized screening, prevention strategies, and the development of more effective therapies. ​</p>
 
</div>

Dandelion Health launches GLP-1 data library for cardiometabolic disease management

<div>
 <p>PlaqueTec and the Babraham Institute's Welch lab have teamed up to assess the drugability of a pro-inflammatory protein as part of the BIOPATTERN trial. This trial focuses on endotyping coronary artery disease (CAD). They have previously argued for the potential of this protein to be targeted by small-molecule drugs in a human cell-culture model.</p>
 <p>PlaqueTec, a UK-based company, is specialised in the development and application of endotype-specific biomarkers for developing new treatments for CAD. The company uses its unique Liquid Biopsy System to capture biomarkers directly from coronary arteries. This method helps them achieve a deeper understanding of the disease and develop precise treatments.</p>
</div>

PlaqueTec collaborates with Babraham Institute to evaluate druggability of pro-inflammatory protein

Exploring the limitless possibilities of AI

Generative AI Applications

<div>
 
 <p>At the I/O 2024 developer conference, Google unveiled a new upgrade for Gmail, called Gemini AI technology. The intent of this upgrade is to enhance the efficiency of Gmail users in searching, summarizing, and drafting their emails. Additionally, it aims to help users execute complex tasks related to emails.</p>
 <p>The Gemini AI technology's primary features in Gmail involve analyzing the content of an email, summarizing important information, and spotting crucial action points. Moreover, it can process attachments such as PDFs during its analysis. It also possesses the capacity to help users organize receipts and extract data for inclusion in spreadsheets or for automating workflow.</p>
 
</div>

Google updates Gmail with Gemini AI for enhanced email management at I/O 2024 conference

<div>

 <p>Google made an announcement regarding the availability of the latest model, Gemini 1.5 Pro, for its AI chatbot subscribers, Gemini Advanced. In addition, a new feature termed "Gemini Live" was introduced.</p>

 <p>Gemini Advanced highlights its capacity to process and scrutinize considerable amounts of data. This includes documentation of up to 1,500 pages, 100 emails, 1 hour's worth of video material, and codebases exceeding 30,000 lines.</p>

 <p>Gemini Live's primary features involve real-time voice chats and the ability to adapt to the speech patterns of users, amongst other functionalities. It has the capability to react to users' surroundings via images or videos captured through a smartphone's camera. Gemini Live also offers analysis of images, interpretation of computer code, location of items, and provision of coaching advice across a variety of subjects like job interviews and public speaking.</p>

 <p>Additional enhancements include capabilities like planning, which encompasses trip itineraries, creation of customized versions of Gemini named as "Gems", and extended integration with Google Apps.&nbsp;</p>

</div> <p><b>Analyst QuickTake:<br>
 </b> Google's Live Feature shares similarities with Meta's Ray-Ban glasses and OpenAI's recently revamped ChatGPT in terms of its capabilities. Google emphasizes that Gemini constitutes a significant step toward building a universal AI agent capable of understanding and promptly responding to everyday human contexts.</p>

Google enhances AI chatbot Gemini with new model; unveils new feature Gemini Live at I/O 2024 conference

<div>

 <p>Google's AI aid, Gemini, will receive a new update on Android, enabling it to seamlessly integrate with Android's mobile OS and Google's applications. The update facilitates ease of use, allowing users to conveniently access the AI overlay during app usage and enhance their digital experience.</p>
 <p>Among the primary enhancements, the update will enable users to drag and drop AI-generated images directly into Gmail and Google Messages. A unique YouTube feature will allow users to extract specific information from videos. An "Ask this PDF" feature, exclusive to Gemini Advanced subscribers, is also included in the key updates.</p>
 <p>The impending changes will be rolled out on numerous devices in the upcoming months. Gemini on Android will gradually evolve, suggesting content based on users' screen content. Additionally, Gemini Nano, a major foundational update, will broaden its focus to include text input processing in addition to other operational methods like visuals, sounds, and spoken language.</p>
 
</div>

Google announces updates for Gemini on Android platform at I/O 2024 conference

<div>
 
 <p>Google has announced at the Google I/O 2024 developer event that the company will be introducing AI-powered overviews to its search engine. The new feature amalgamates real-time data, Google's rankings, and multimodal elements to enhance user experience. Initially, this update will be made available to users in the United States.</p>
 <p>An AI model named 'Gemini' powers the updated Google Search. These AI overviews will incorporate a mix of insights from various authoritative sources, offering users a more comprehensive search result and the option to dive deeper into the information. Additionally, Google can utilize Gemini to perform task-oriented functions such as planning meals or trips.</p>

</div>

Google launches AI Overviews in search at I/O 2024 conference

<div>
 
 <p>Google has launched Project IDX, a browser development environment focusing on AI, which is now in its open beta testing phase. It was initially an exclusive service, but now it permits developers to create applications using various languages and frameworks.</p>
 <p>Project IDX from Google combines Google Maps Platform, Chrome Dev Tools, and Lighthouse, improving functionalities such as geolocation and application debugging among others. It includes typical features like code completion and an AI-facilitated chat assistant. A distinctive feature enables developers to instruct Google's Gemini model to tweak a code snippet. The platform is set to host deployable apps on Cloud Run in the near future.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Project IDX reportedly reduces the complexities faced in deploying AI applications and fosters convenience in development. It is designed for faster application building through user-friendly templates for various frameworks and languages. Further, the platform offers the application of AI in the coding process by augmenting standard coding elements with unique capabilities. The product was initially launched in <a href="https:<br>
//sp-edge.com/updates/20854"> August </a> last year.</p>

All Updates