Lifeboat Foundation

Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

Marketers are standing at a precipice when it comes to strategy and automation. Advanced systems are seen as the next step in marketing, but for many businesses, the concept is still uncharted territory. However, those who don’t adopt the rapidly advancing technology into their marketing plans will quickly be at a huge disadvantage.

According to International Data Corporation (IDC), the U.S. market for AI-powered software, hardware and services is expected to break $120 billion by 2025. The marketing intelligence firm also found that banks and retailers were the biggest spenders on AI, with retail having already invested upwards of $5.9 billion in these systems for marketing alone in 2019. And spending on these advanced systems for this specific purpose has only increased since then. It is evident that algorithmic systems are the future of marketing, and those who don’t invest in them will be left behind.

We’ve done almost no research into this area, but human reproduction in space is going to be key to us living on Mars.

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Corporate Venturing For Integrated Digital Healthcare Solutions — Bill Taranto, President, Global Health Innovation Fund, Merck

Bill Taranto is President of the Global Health Innovation Fund at Merck (https://www.merckghifund.com/taranto.html) and founding partner since inception in 2010.

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The number of laundromats in Japan has doubled over the past 20 years. This episode shows how new takes on the traditional business model are offering more choices to consumers and helping their owners to draw in new customers. [In Focus: Skepticism Looms Over Indo-Pacific Partnership]The US wants countries in the Indo-Pacific to form a new economic partnership. Washington hopes it will promote growth in the region while helping it gain influence. But some say the effort is more bark than bite. [Global Trends: ‘White Gold’ Rush]Lithium-ion batteries are increasingly being used in all kinds of products. And that means big business for South America, which is sitting on an abundance of lithium. Big changes are now coming to the region as companies rush to extract its ‘white gold.’

AI at the Edge, NAD-Enhancing Drugs, and Laser Beam Toting Sharks!! — Discovering, Enabling & Transitioning Technology For Special Operations Forces — Lisa R. Sanders, Director of Science and Technology for Special Operations Forces, USSOCOM.

Lisa R. Sanders is the Director of Science and Technology for Special Operations Forces, Acquisition, Technology & Logistics (SOF AT&L), U.S. Special Operations Command (USSOCOM — https://www.socom.mil/), located at MacDill Air Force Base, Florida, where she is responsible for all research and development funded activities — https://www.socom.mil/SOF-ATL/Pages/eSOF_cap_of_interest.aspx.

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Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.

Many organizations lack the technology and architecture required to automate decision-making and create intelligent responses across the supply chain, as has been shown by the past few years’ supply chain disruptions. However, these critical breakdowns can no longer be blamed solely on the COVID-19 pandemic. Rather, they can be blamed on businesses’ slow adoption of automated supply chain decision-making, which has resulted in inventory backlogs, price inflation, shortages and more. Further contributing to backlogs is continued single sourcing to one region rather than leveraging distributed regional capabilities. These factors have added to the complexity of systems and the disadvantages of lack of automation and the pandemic brought these existing critical breakdowns into stark relief.

This brings us to today and how this inability to effectively manage data streams is proving debilitating to many companies. In a Gartner study of more than 400 organizations, 84% of chief supply chain officers reported that they could service their customers better with data-driven insights. An equal number of respondents stated that they needed more accurate data in order to predict future conditions and make better decisions.

Back in February, SpaceX introduced a high-performance satellite internet solution that was specifically designed for businesses. The higher-tier kit is a step above the standard Starlink system, with its larger dish that features double the antenna capability to its faster internet speeds.

Inasmuch as the service was attractive, however, there was one issue: it costs a whopping $2,500 for the high-performance satellite internet system and a very premium $500 per month for the service itself. As per recent updates to the official Starlink website, a high-performance satellite internet kit is now available for residential customers as well, and it doesn’t even require a $500 monthly fee.

While residential customers who wish to acquire Starlink’s high-performance satellite internet kit would still be paying $2,500 for the hardware, they only need to pay the standard $110 per month for the service itself. Residential customers who opt in for a high-performance dish could then get more out of Starlink’s capabilities for the same monthly fee.

The U.S.-based facility hopes to capture CO₂, roughly the equivalent of 5 million return flights between London and New York annually.

A U.S. climate tech company has developed a project that could remove millions of tonnes of carbon dioxide from the atmosphere annually.

CarbonCapture Inc. has revealed plans for the largest carbon capture facility in the world in Wyoming, in an exclusive partnership with premier carbon storage company Frontier Carbon Solutions, according to a press release published by Business Wire last week.

Revolut founder Nik Storonsky appears to have named the CEO of his AI-powered venture capital firm Quantum Light Capital.

Ilya Kondrashov, most recently the founder and advisor to Dubai-based family office Five8 Foundation, joined Quantum Light Capital as its chief executive this month, according to his LinkedIn profile.

Before Five8, Kondrashov held executive positions and founded small business credit startup MarketFinance, which was backed by banking giant Barclays and venture capital firm Northzone. On his Twitter page, he describes himself as an “entrepreneur and investor”, with interests in fintech, SaaS and Web3.