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Archivo del Autor: Belen De Leon

Water Abundance Xprize’s $1.5M winner shows how to source fresh water from the air

You may remember that back in May, the Water Abundance Xprize named the five finalists in its contest to demonstrate the sustainable and scalable collection of water from the air. Interestingly, none of those finalists were the winner — after one dropped out, an eliminated team stepped in and took the prize.

The goal of the program was to  collect “a minimum of 2,000 liters of water per day from the atmosphere using 100 percent renewable energy, at a cost of no more than 2 cents per liter.” No simple task! In fact, I would have guessed it was an impossible one.

But many teams made the attempt anyway, and with a variety of approaches at that. The runner-up, Hawaii’s JMCC Wing, combined a large, super-efficient wind turbine with a commercial condenser unit.

The winner was Skysource/Skywater Alliance, which has already deployed many of its units abroad (and, apparently, at Miranda Kerr’s house). They can run off the grid or alternative power sources, and use an extremely efficient adiabatic distillation method.

It’s cheaper and more efficient than desalination, and doesn’t require the presence of nearby water sources or rain. Skywater boxes, which range from somewhat smaller to rather larger than a refrigerator, can produce up to 300 gallons per day; that’s about 1135 liters, so two of them would meet the contest’s requirements if the cost was low enough and it was running on renewables.

That was sufficiently demonstrated to the Xprize inspection teams, it seems, and the team was this weekend awarded the $1.5 million top prize despite not making it into the finals.

“It has been pretty intense but it’s really been exciting for me to see water come out of our system, because this is connected to real lives in the world,” said team member Jay Hasty in an Xprize video.

This doesn’t mean water scarcity is a solved problem — by a long shot — but competitions like this are great ways of promoting new development in a space and also creating awareness of it. Hopefully Skywater systems will be installed where they’re needed, but development will almost certainly continue on those created by the other teams competing for the prize.


Source: TechCrunch

Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA.

The initiative is one way in which the Los Angeles technology community is attempting to ensure that it does not repeat the same mistakes made by Silicon Valley and San Francisco and alienate fellow citizens who could feel left out of the opportunities created by tech’s rise to prominence in the city.

“L.A.’s tech growth is no accident – it is a tribute to our region’s tradition of creativity, leadership in innovation, and wealth of talent. With PledgeLA, we will promote transparency in a growing sector and open the doors of opportunity to our diverse base of workers, no matter their race, gender, or background,” said Garcetti, in a statement.

As part of the diversity and inclusion effort, the signatories to PledgeLA have agreed to track civic participation and diversity data each year and to make that data publicly available.

The metrics that signatories will track include community engagement statistics like participation in mentorship programs, volunteering, board service, offering internships, using local banks, giving preference to vendors owned by women or minorities, dedicating a portion of annual spending to local impact initiatives, and investing in local Los Angeles startups.

Demographics at funds and startups will also be under the microscope, since signatories have agreed to report on their composition by race, gender, age, sexual orientation, disability status, immigration status, veteran status, educational attainment, socioeconomic origin, tenure at a firm. PledgeLA participants will also need a code of conduct around diversity and inclusion and are required to privilege diversity in corporate hiring practices.

Over the past five years, Los Angeles has emerged as one of the top five destinations in the U.S. for technology investment and corporate development. It’s one of the fastest growing tech hubs in the country with the 100 largest tech companies in L.A. and Orange County reporting a 24 percent increase in employment from the previous year, according to data provided by the Annenberg Foundation.

The local non-profit was instrumental in setting up the PledgeLA initiative, which grew out of discussions that the institute fostered among the Los Angeles venture community.

Nonetheless, diverse talent remains vastly underrepresented in the workforce of the local tech sector. The landmark
PledgeLA initiative grew out of a series of problem-solving sessions within the Los Angeles venture capital community.

“This commitment from L.A.’s venture capitalists and Mayor Garcetti means that change is happening, and this change is good, as long as we can work to make Los Angeles a more diverse, inclusive and community-focused city that benefits everyone,” said Annenberg Foundation Chairman, President and chief executive Wallis Annenberg, in a statement.

For Los Angeles investors like Upfront Ventures partner, Kobie Fuller, diverse hiring practices are just good business sense.

“Investing in a diverse array of founders, looking for talent in all corners of the city, and bringing different voices to the table when making decisions on investments is just smart business,” Fuller said in a statement. “We know companies with a diverse workforce are more successful, which, in turn, increases community engagement and provides opportunities for the community-at-large. PledgeLA will put Los Angeles on the right trajectory.”

Nearly every large investment firm and Los Angeles based company agreed to sign on to the pledge with at least three notable exceptions. Neither Snap, SpaceX, nor Tesla appear on the list of companies willing to participate in the diversity pledge.


Source: TechCrunch

YouTube CEO asks creators to ‘take action’ against EU copyright law – CNET

Susan Wojcicki protests the controversial Article 13 in Europe.
Source: CNET

Stephen Hawking's motorized wheelchair is up for auction – CNET

The late physicist was “renowned for being a rather wild driver,” auction house Christie’s notes.
Source: CNET

Looks like Tiger Global Management just closed the second biggest venture fund this year

As we noted six months ago, Tiger Global Management, the 17-year-old investment group, is starting to see a whole lot of its venture-related startup investments pay off. We also guessed that because of those wins, the outfit was likely lining up commitments for a new mega fund.

It was a safe bet. According to a new report from the Financial Times, the New York-based outfit has just closed its newest venture vehicle with $3.75 billion after actively marketing it for just six weeks.

That makes Tiger’s new vehicle one of the largest venture funds in a world suddenly clotted with ever-bigger pools of capital, including SoftBank’s massive $93 billion Vision Fund, which closed last year, and the newest global fund assembled by Sequoia, which closed with $8 billion in capital commitments in late summer, a record-breaking amount for the storied venture firm.

In fact, Tiger’s new fund may be the second largest venture fund to close so far this year, just beating out YF Capital’s newest pool, which closed with $2.5 billion in July, and numerous other firms to close billion-dollar-plus funds in 2018, including: Tunlan Investment’s Xiong’An Global Blockchain Innovation Fund, which closed in April with $1.6 billion; Lightspeed Venture Partners, which closed on $1.8 billion in capital across two new funds in July; General Catalyst, which gathered up at least $1.375 billion in capital commitments earlier this year; and GGV Capital, which just last week closed on $1.9 billion across three funds that will back both U.S. and China-based companies.

According to the FT,  the Tiger fund closed exactly a week ago and will focus on both enterprise as well as direct-to-consumer companies in the U.S., China and India, where, according to The Economic Times, Tiger is stepping up its investments after hitting the pause button for a few years. Tiger’s apparent inspiration: the reported $3.3 billion it recently made from an early bet on Flipkart, which sold the majority of its e-commerce business to retail giant Walmart in May for $16 billion.

Other recent developments that Tiger’s investors have surely liked seeing include the sale of Glassdoor, the jobs and salary website, acquired by the Japanese human resources company Recruit Holdings for $1.2 billion in cash back in May; Spotify’s direct listing on the U.S. stock market back in April (the company is currently valued at $26 billion); and even more recent exits, including the IPOs of both Eventbrite and SurveyMonkey — though both have handed back some gains since going public last month. Eventbrite opened at $36 per share and is currently trading at $26 per share; SurveyMonkey has lost roughly one-third of its value since its first trading day.

Tiger was founded by Chase Coleman, a protégé of hedge fund pioneer Julian Robertson. According to the FT, the outfit now manages roughly $26 billion and about half of that is being funneled into venture-backed startups, with portfolio manager Lee Fixel largely overseeing its venture bets.

Some of its investments have been contrarian and underscore the extent to which Tiger is not like other investment firms. It took a stake of more than $1 billion in SoftBank Group earlier this year, for example, reportedly on the belief that it was undervalued at the time. Tiger is also an investor in the e-cig company Juul, which has come under intense regulatory scrutiny in recent months but remains among the fastest-growing companies in the Bay Area right now.

Interestingly, even SoftBank’s Vision Fund — which is currently in an uncomfortable public position, having raised nearly half its money from Saudi Arabia’s Crown Prince Mohammed bin Salman — couldn’t invest in Juul if it wanted to. According to Jeff Housenbold, a managing director with SoftBank’s Vision Fund, like many other venture investors, SoftBank has prohibitive clauses in its agreement with its own backers that include pornography, alcohol, drugs, weapons and tobacco.

Whether Tiger has also raised money from sovereign wealth funds, we don’t know. The firm has never publicly disclosed who, beyond its employees, owns shares in the firm.


Source: TechCrunch

Netflix Hiring Guillermo del Toro to Make 'Pinocchio' Isn't About Kids—It's About Oscars

Netflix knows what it’s doing hiring the master of macabre to tell the story of everyone’s favorite puppet-turned-boy.
Source: Wired

La falta de sentido común de la IA: una broma que ya no tiene gracia

Consciente de que a medida que la inteligencia artificial asume tareas cada vez más críticas como los diagnósticos y la conducción autónoma, un error puede ser fatal, DARPA ha lanzado un nuevo proyecto en el que retará a las máquinas a que comprendan el mundo de verdad
Source: MIT

"América Latina tiene mucho que aportar a nuestra comprensión de la salud"

Aunque el experto en genética Carlos D. Bustamante no cree en las razas, sabe que entender las distintas variaciones genéticas de cada grupo de población puede cumplir el sueño de la medicina personalizada. Sin embargo, la mayoría de los datos genéticos son de gente de ascendencia europa
Source: MIT

Your Poop Is Probably Full of Plastic

A new study suggests that microplastics routinely show up in our food—and our digestive tracts.
Source: Wired

Guillermo del Toro is making a stop-motion Pinocchio movie for Netflix

Guillermo del Toro, the Academy Award-winning director of “The Shape of Water” (not to mention “Hellboy,” “Pan’s Labyrinth” and “Pacific Rim”) is making a new version of “Pinocchio” for Netflix.

I’d thought that after del Toro’s awards victory earlier this year he might finally make his long-thwarted adaptation “At the Mountains of Madness.” And while I’m not giving up hope that I’ll see a del Toro-helmed version of the classic H.P. Lovecraft horror story one day, it seems that he’s going in a different direction for now.

The official announcement from Netflix describes this as del Toro’s “lifelong passion project,” and says that it will be both a stop-motion animated film and a musical.

“No art form has influenced my life and my work more than animation and no single character in history has had as deep of a personal connection to me as Pinocchio,” del Toro said in a statement. “In our story, Pinocchio is an innocent soul with an uncaring father who gets lost in a world he cannot comprehend. He embarks on an extraordinary journey that leaves him with a deep understanding of his father and the real world. I’ve wanted to make this movie for as long as I can remember.”

This isn’t the director’s first project for Netflix — he previously created the animated series “Trollhunters,” and he has another series in the works for the streaming service, “Guillermo del Toro Presents 10 After Midnight.” Netflix says that in addition to directing the film with Mark Gustafson (“The Fantastic Mr. Fox”), he will co-write and co-produce it. The Jim Henson Company (which is also making a “Dark Crystal” prequel series for Netflix) and ShadowMachine are producing as well.

Netflix also announced today that it’s raising an additional $2 billion in debt to fund its original content plans. It says production on “Pinocchio” will begin this fall.


Source: TechCrunch

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