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Daily Archives: September 4, 2021
The robotics team advances to the semifinals of a global competition – News@Northeastern
Posted: September 4, 2021 at 6:18 am
Someday you may send a robot to attend a meeting for you. Its like youre there, only youre not.
Nimble avatar robotscollaborative mechanical systems that allow a human operator in one location to feel as if they are in another locationwill be the focus of an international competition that includes Northeasterns robotics team, among 37 clubs out of 150 around the world to advance to the semifinal stage of a $10 million competition.
Six members of the universitys team depart Boston on Monday for Miami, where they will compete head-to-head with clubs from Canada, Russia, Colombia, South Korea, and other nations from Sept. 11-13. The 20 best teams will share the $2 million prize. They move on to the finals in the fall of 2022 for a chance to win part of the $8 million purse.
Northeasterns team, led by mechanical and industrial engineering professor Peter Whitney, is comprised of Stephen Alt, who is pursuing a masters degree in computer science; Eric Schwarm, who is in his sixth year studying mechanical engineering; mechanical engineering graduate student Chunpeng Wang; computer engineering graduate student Rui Luo; and Tarik Kelestemur; who is pursuing a doctoral degree in robotics and machine learning.
Judges will be looking for robots to complete a wide range of tasks that involve social and physical interactions designed to mimic real-world scenarios, says Whitney. The tasks include attending a meeting, visiting a museum where the robots operator interacts physically with objects, and piecing together a puzzle.
All of the dimensions of human-to-human interaction are up for grabs, Whitney says.
What makes the Avatar XPrize different from other robotics competitions is that the judges, not the competing teams, put the mechanical systems through the paces. After an hour-long training period, the judges are the operators and they are the ones with whom the avatar interacts.
So we play no role in the competition, says Whitney. Its a little bit frightening to just have a one-hour period to train someone to use your system. And so that gives you kind of a sense of how easy-to-use your system needs to be.
He points out that some of the judges will be experts in robotics, while others will have extensive experience in other areas such as virtual reality or computer systems. And that makes it a big challenge for us to design our system, not just to be very functional for skilled operators, but it has to be very functional for newbie operators.
One of Northeasterns advantages heading into the competition is the frequent interactions between the hardware and software teams in the robotics lab at the Interdisciplinary Science and Engineering Complex.
We have hardware and software all on the same floor and in the same lab, says Schwarm. We see each other every day and work with each other on everything.
Another plus is that students on the team come from multiple research groups that are proficient in different areas, adds Whitney.
For example, in electrical and computer engineering professor Hanu Singhs group, they have expertise in mobile systems that are reliable and can operate under adverse communication and network quality conditions. In professor Taskin Padirs group, they have strong knowledge of human-machine systems and system interface design.
And then in my group we have a focus on tactile technology that gives the operator the ability to have a fine sense of touch, says Whitney. No one part of the system is the most important part. They all work together.
Combining all of that proficiency and know-how gives rise to optimism that Northeasterns mechanical arm will foster the human-to-human interaction between the person operating the robot and the human recipients of that interaction.
Because thats what this competition is ultimately about, says Whitney. Its about human-to-human connection, not about human-to-robot connection.
For media inquiries, please contact media@northeastern.edu.
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The robotics team advances to the semifinals of a global competition - News@Northeastern
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HEO Robotics lands seed round as it turns its focus to satellite inspection – Startup Daily
Posted: at 6:18 am
Sydney space startup HEO Robotics, has raised a seed round to launch its HEO Inspect product.
The raise was led by David Harding, founder and CEO of Winton Group. The size of the investment was not disclosed.
Angel investors Tim Parsons, Matt Ryall, Christian Thaler-Wolski and Phil Hayes-St Clair also backed the round, while existing HEO investors such as Solai Valliappan doubled-down on their holdings.
Its the first major investment for HEO Robotics, which is already profitable. The seed funding will allow the company to scale its services to help monitor an expected 40x increase in satellite numbers over the next decade.
HEO Robotics provides visual inspection services for satellites and space debris for their operators to monitor the condition of their space assets.
The company uses existing Earth observation satellites in orbit, using software to redirect the focus of those cameras to inspect other inspection cameras. The business currently has access to 25 satellites in various orbits for its monitoring.
The seed funding will be used to release HEO Inspect, which is currently live being used by customers in a private beta.
HEO Robotics was co-founded by aerospace and robotics engineers Dr William Crowe and Dr Hiranya Jayakody.
Crowe, who is the spacetech startups CEO, said the company believes in space sustainability so is using cameras that are already in space for the task rather than adding to the growing congestion above the Earth.
In-orbit inspection is an incredibly important part of keeping space sustainable, he said.
One of the easiest ways to reduce debris is to monitor existing spacecraft and either troubleshoot known issues or help predict future failures.
David Harding, a cybersecurity and deep tech investor, has nominated Joshua Kennedy-White join the HEO Robotics board.
I am pleased to have had the opportunity to back Founders Will and Hiranya and HEO Robotics, which looks to have considerable potential in the burgeoning commercial space industry, he said.
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HEO Robotics lands seed round as it turns its focus to satellite inspection - Startup Daily
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ZEN AND THE ART OF COBOT MAINTENANCE – Global Trade Magazine
Posted: at 6:18 am
Innovative robotics and automation technology are helping organizations get more done, in less time and with limited facility space.
Warehousing, distribution centers and logistics companies are some of the organizations that are seeing big benefits with robotics.
According to the 2020 MHI Annual Industry Report, 67 percent of survey respondents said they believed robotics had the power to disrupt their industry and offer a competitive advantage for their organization.
Therefore, its no surprise that 39 percent of surveyed companies said theyve adopted robotics and automation. An additional 73 percent of those surveyed said they plan to add more robotics or start implementing robotics in the next five years.
Benefits of robotics and automation
Theres no doubt that robotics and automation can help organizations meet their mounting needs to standardize production and overcome challenges related to high staff turnover rates. With robotics, you can increase your facilitys outputs without expanding your physical footprint or facility size.
Robotics can help organizations with staffing challenges by offering the following:
-High staff turnover rates often mean added expenses in training and keeping a facility running at full capacity. Robotics can help reduce this fluctuation in staffing by offering a consistent and reliable work source.
-As warehouses, logistics companies and distribution centers look to streamline operations, it often means increasing the weight of fulfillment carts. This puts added strain on workers and can lead to workers compensation claims and costly time off, lowering production. Robotics help streamlines product picking and packing activities without straining employees physically.
-Robotics can assist staff members with learning efficient routes through warehouses to pick and pack products. With artificial intelligence, robotics can map out a way to efficiently pick and pack products throughout a facility. This can offer heightened job satisfaction for workers that use cobots (collaborative robots) to assist them in their daily activities, allowing them to be more efficient.
But robotics offer more than just improved staffing and a reduction in fluctuations from staff turnover. Robotics can also help facilities do more with the same amount of space. Some ways robotics help with stronger outputs despite capacity limits include:
-Better inventory management allows your organization to automate the inventory process so you have to keep less on hand.
-Set aisle sizes based on robotic width and smart technology that tells machines when another robot is in an aisle. That way, you reduce the need for two-way traffic in an aisle so you can shrink the aisle size and make better use of the space.
-Reduction in need for additional workspaces, such as electronic scales, because its built into the robots system.
Maintenance for robotics and automation
But with robotics comes new requirements for the maintenance team.
Preventative maintenance becomes increasingly more important as keeping equipment up and running is crucial to your business operations.
If the robots fail regularly, you could experience worse staff turnover rates than you did without the technology as staff members get frustrated and tired of the loss in productivity. Your organizations agility and ability to respond quickly to requests become more important than ever as you begin to rely more heavily on robotics.
To add robotics to your warehouse, logistics or distribution center operations, you need a maintenance plan that includes:
-Condition monitoring: Prepare a dashboard that shows each robots condition and expected date for new parts to prevent breakdowns.
-Work order requests: Allow staff members to make a work order request and have a process for assigning those work orders to your maintenance team for fast service.
-Reporting: Run reports that help your maintenance team see how often each robot requires maintenance so you can project and anticipate that maintenance in the future to avoid costly breakdowns.
Computerized Maintenance Management Systems (CMMS) help warehouses, logistics companies and distribution centers operate efficiently while taking advantage of the competitive advantage robotics can offer.
_________________________________________________________________
For more than 30 years, Eagle Technology Inc. has worked with various industries. The Mequon, Wisconsin-based company offers clients the ability to boost productivity, control costs and maintain compliance, all from its web and mobile-enabled CMMS software, Proteus MMX.
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ZEN AND THE ART OF COBOT MAINTENANCE - Global Trade Magazine
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IBM quantum computing: From healthcare to automotive to energy, real use cases are in play – TechRepublic
Posted: at 6:17 am
Companies including Anthem, Daimler-Benz, BP and ExxonMobil, have big plans to deploy IBM quantum computers this decade.
Image: PhonlamaiPhoto, Getty Images/iStockphoto
Quantum computers have been receiving a lot of attention because of their potential to solve computationally difficult problems that classical computers cannot. Among those problems are the abilities to help companies reduce their carbon footprint and protect the world from the next pandemic.
SEE: The CIO's guide to quantum computing (free PDF) (TechRepublic)
Since announcing the IBM Quantum Network in 2017 with 12 initial organizations, today IBM said its commercial quantum computing program has grown to more than 150 Fortune 500 companies, academic institutions, startups and national research labs. Some 360,000 users have run nearly a trillion circuits, according to the company.
Last spring, IBM rolled out Qiskit Runtime, and the ability to speed up quantum programs on the cloud by 120x, as well as IBM's to deliver a 1,000+ qubit system by 2023.
In addition to increasing speed, Qiskit Runtime changes how IBM is able to offer quantum computing to clients and make it more widely available, the company said.
"Before we got to Runtime, clients were doing research using simulators," and now they can investigate applications for finance, machine learning and chemistry using real hardware, said Jay Gambetta, IBM fellow and vice president of quantum computing.
"To me, this is fundamentally important because a simulator can never mimic quantum computing, so you need to do your research and development on the hardware and that's what's getting enabled," Gambetta said. "I see this year as when this fully comes out of beta and will be the new way of using quantum" to ask questions such as whether quantum will scale in the way clients can use apps."
In the meantime, customers are incorporating quantum into their plans for the future. At healthcare provider Anthem, quantum computing is "an integral part of our digital platform for health," and is being used for "computationally intense and expensive tasks such as identifying anomalies, where there's tons of data and interactions," said John Utz, staff vice president of digital product management.
Quantum computers are better at that than classical computers, Utz said. Anthem is running different models on IBM's quantum cloud. Right now, company officials are building a roadmap around how Anthem wants to deliver its platform using quantum technology, so "I can't say quantum is ready for primetime yet," Utz said. "The plan is to get there over the next year or so and have something working in production."
SEE: Expert: Now is the time to prepare for the quantum computing revolution(TechRepublic)
A good place to start with anomaly detection is in finding fraud, he said. "Classical computers will tap out at some point and can't get to the same place as quantum computers."
Other use cases are around longitudinal population health modeling, meaning that as Anthem looks at providing more of a digital platform for health, one of the challenges is that there is "almost an infinite number of relationships," he said. This includes different health conditions, providers patients see, outcomes and figuring out where there are outliers, he said.
"There's only so much a classical system can do there, so we're looking for more opportunities to improve healthcare for our members and the population at large," and the ability to proactively predict risk, Utz said. Quantum computers are better at driving outcomes from the models Anthem is building, he said.
At BP, the ability "to model and predict the physical world has always been constrained by available compute power," said Morag Watson, chief digital innovation officer. As the energy company focuses on sustainability and net-zero carbon energy, the need for even higher performance computing will increase, she said.
Further, "tackling some of the world's toughest problems, including climate change, will require orders of magnitude increases of compute power over today's conventional capabilities," Watson said. BP sees quantum computing as critical to enabling it to pursue its ambition to become a net-zero company by 2050 or sooner and to help the world get to net zero, Watson said.
Specifically, BP is working on proofs of concept using quantum systems in several fields, including chemistry, materials science, optimization, machine learning and partial differential equations, she said. Echoing Anthem's Utz, Watson added, "These are problems that can't be solved on classical computers today."
Daimler AG, the parent company of Mercedes-Benz, is studying how to develop energy-dense batteries such as the lithium-sulfur battery. But going from the drawing board to a commercially viable Li-S battery is "essentially a mammoth chemistry experiment," the company said.
Engineers are testing quantum systems to distill some very abstract physics theory into a new kind of computing power that can handle what IBM calls "once-insoluble complexity." Using quantum bits known as qubits, the performance doubles, giving a substantial boost to the ability to run algorithms to speed the simulation process and test the feasibility of the battery, the company said.
Energy challenges are expected to increase as the global population grows from 7.5 billion today to a projected 9.2 billion by 2040, according to ExxonMobil. This has created what the company refers to as the "dual challenge" of providing reliable and affordable energy to a rising population while also reducing environmental impacts and the risks of climate change.
One way to tackle that challenge in the near term is to use natural gas, which emits up to 60% less greenhouse gases than coal, according to Dr. Vijay Swarup, vice president of research and development at ExxonMobil, in a statement. This creates issues with production and transportation, he said.
SEE: Startup claims new "quantum analog computer" solved the traveling salesman problem for 128 cities(TechRepublic)
It requires efficient liquified natural gas shipping, but finding optimal routes for a fleet of LNG ships to transport critical fuel supplies is a "mind-bendingly complex optimization problem." It involves accounting for each ship's position every day of the year along with the LNG requirements of each delivery site.
This type of problem cannot be solved exactly with classical computing, IBM said. So ExxonMobil, in tandem with IBM Research, is using a combination of classical and quantum computers to address the complexity. Teams are modeling maritime inventory routing on quantum devices, analyzing the strengths and tradeoffs of different strategies for vehicle and inventory routing, and laying the foundation for constructing practical solutions for their operations, IBM said.
Swarup said ExxonMobil's goal is to increase its ability to tackle more complex optimizations and previously insoluble routing problems as IBM's quantum hardware scales from small prototype systems to larger devices.
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Fast Tool Developed for Quantum Computing and Communication – HPCwire
Posted: at 6:17 am
JOHANNESBURG, Sept. 1, 2021 Isaac Nape, an emerging South African talent in the study of quantum optics, is part of a crack team of Wits physicists who led an international study that revealed the hidden structures of quantum entangled states. The study was published in the renowned scientific journal, Nature Communications, on Aug. 27, 2021.
Nape is pursuing his Ph.D. at Wits University and focuses on harnessing structuredpatterns of lightfor high dimensional information encoding and decoding for use inquantum communication.
Earlier this year he scooped up two awards at the South African Institute of Physics (SAIP) conference to add to his growing collection of accolades in the field of optics and photonics. He won the award for Best Ph.D. oral presentation in applied physics, and jointly won the award for Best Ph.D. oral presentation in photonics.
In May, he was also awarded the prestigious 2021 Optics and Photonics Education Scholarship from the SPIE, the international society for optics and photonics, for his potential contributions to the field of optics, photonics or related field.
Faster and More Secure Computing
Now Nape and his colleagues at Wits, together with collaborators from Scotland and Taiwan offer a new and fast tool for quantum computing and communication. Quantum states that are entangled in many dimensions are key to our emerging quantum technologies, where more dimensions mean a higher quantum bandwidth (faster) and better resilience to noise (security), crucial for both fast and secure communication and speed up in error-freequantum computing.
What we have done here is to invent a new approach to probing these high-dimensional quantum states, reducing the measurement time from decades to minutes, Nape explains.
Nape worked with Distinguished Professor Andrew Forbes, lead investigator on this study and Director of the Structured Light Laboratory in the School of Physics at Wits, as well as postdoctoral fellow Dr. Valeria Rodriguez-Fajardo, visiting Taiwanese researcher Dr. Hasiao-Chih Huang, and Dr. Jonathan Leach and Dr. Feng Zhu from Heriot-Watt University in Scotland.
Are You Quantum or Not?
In their paper titled Measuring dimensionality and purity of high-dimensional entangled states, the team outlined a new approach to quantum measurement, testing it on a 100 dimensional quantum entangled state.
With traditional approaches, the time of measurement increases unfavorably with dimension, so that to unravel a 100-dimensional state by a full quantum state tomography would take decades. Instead, the team showed that the salient information of the quantum systemthe number of dimensions entangled and their level of puritycould be deduced in just minutes. The new approach requires only simple projections that could easily be done in most laboratories with conventional tools. Using light as an example, the team using an all-digital approach to perform the measurements.
The problem, explains Nape, is that while high-dimensional states are easily made, particularly with entangled particles of light (photons), they are not easy to measurethe existing toolbox for measuring and controlling them is almost empty.
You can think of a high-dimensional quantum state like faces of a dice. A conventional dice has six faces, numbered one through six, for a six-dimensional alphabet that can be used for computing or for transferring information in communication. To make high-dimensional dice means creating dice with many more faces: 100 dimensions equals 100 facesa rather complicated polygon.
In our everyday world, it would be easy to count the faces to know what sort of resource we had available to us, but not so in the quantum world. In the quantum world, you can never see the whole die, so counting the faces is very difficult. The way we get around this is to do a tomography, as they do in the medical world, building up a picture from many, many slices of the object, explains Nape.
But the information in quantum objects can be enormous, so the time for this process is prohibitive. A faster approach is a Bell measurement, a famous test to tell if what you have in front of you is entangled, like asking it are you quantum or not? But while this confirms quantum correlations of the dice, it doesnt say much about the number of faces it has.
Chance Discovery
Our work circumvented the problem by a chance discovery, that there is a set of measurements that is not a tomography and not a Bell measurement, but that holds important information of both, says Nape. In technical parlance, we blended these two measurement approaches to do multiple projections that look like a tomography but measuring the visibilities of the outcome, as if they were Bell measurements. This revealed the hidden information that could be extracted from the strength of the quantum correlations across many dimensions.
First and Fast
The combination of speed from the Bell-like approach and information from the tomography-like approach meant that key quantum parameters such as dimensionality and the purity of the quantum state could be determined quickly and quantitatively, the first approach to do so.
We are not suggesting that our approach replace other techniques, says Forbes. Rather, we see it as a fast probe to reveal what you are dealing with, and then use this information to make an informed decision on what to do next. A case of horses-for-courses.
For example, the team see their approach as changing the game in real-world quantum communication links, where a fast measurement of how noisy thatquantum statehas become and what this has done to the useful dimensions is crucial.
To read the study in Nature Communications, visit: DOI: 10.1038/s41467-021-25447-0.
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Leading Chinese researchers are looking at the coming quantum revolution – The Press Stories
Posted: at 6:17 am
Quantum technologies refer to engineering systems that use the quantum properties of photons, electrons, atoms or molecules. For example, Radio China reports that lasers, magnetic resonance imaging and the global stabilization system are closely linked to quantum technology.
Zhao Fuan, a recent graduate of the Chinese University of Science and Technology and a doctoral candidate in optical engineering, left a well-paying job with an annual salary of 600,000 yuan ($ 92,300) and decided to start his own business in quantum computing. . The foundation of quantum computing technology. For example, when a new object is discovered, we can assess whether the equipment is working properly by detecting any change in the electromagnetic field around it, he explains.
Currently, common methods for checking the quality of electrical equipment, such as temperature measurement and ultraviolet radiation, are good for detecting large thermal defects, but are not as effective for small ones or for predicting potential problems that may develop rapidly.
According to Zhao Bowen, in terms of quantum technology, China already has its advantages over relatively good countries, but lags behind in some areas, such as sensors used for facial recognition.
Another young expert who has linked his career with quantum technology is Ha Yu from Sichuan Province. Before completing his doctorate, he launched a new product in the field of quantum sensors, which has great potential in detecting microscopic structures such as cellular and protein molecules. In 2016, he founded CIQTEK, which specializes in quantum computing, which is gaining desirable interest from investors. We have investors like iFlytek and Hillhouse Capital behind us, and the government has given us some support, he said.
Zhao Bowen and Ha Yu are a growing army of experts in quantum physics, quantum computing and related industries in China. According to statistics, in the first half of this year, more than 4,000 companies related to quantum technology were created, an increase of 652% on an annual basis.
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Leading Chinese researchers are looking at the coming quantum revolution - The Press Stories
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Bull Of The Day: AMD (AMD) – Yahoo Finance
Posted: at 6:17 am
AMD AMD has taken the world of advanced chip technology by storm, with revolutionary CEO Lisa Su transforming this discount semiconductor enterprise into a leading-edge innovator. Since Lisa Su took the helm in 2014, AMD shares have skyrocketed an incomprehensible 3,200% (a $1000 investment would have yielded you $32,000 in returns).
The pandemic's digitalizing economic impact pulled forward an enormous amount of demand for AMD's innovation-driven chips, demand that will only grow from here. This semiconductor powerhouse has produced record top and bottom-line results for the past 4 consecutive quarters, blowing past analysts' estimates each time. AMD achieved record profit margins, and management raised its guidance for the remainder of the 2021. Now, analysts across the board are driving up their EPS estimates propelling AMD into a Zacks Rank #1 (Strong Buy).
The last time AMD reached a Zacks Rank #1, it shot up 67.5% in just 1.5 months (July 17th to September 1st, 2020). AMD's August consolidation looks to presenting us with an excellent entry point as demand for next-generation chip technology continues to soar, providing AMD with pricing power and an incentive to push the boundaries of innovation.
AMD's Sights Set To The Future
AMD is already pushing the limits of possibilities with its latest patent filing, which unveiled a quantum-computing processor that would utilize teleportation. This patent addresses the stability and scalability issues that current quantum-computing frameworks have been struggling with and could revolutionize the world of computing if achieved. The technology may still be years away from commercial viability, but this patent filing illustrates AMD's focus on the 4th Industrial Revolution.
Quantum computing is a nascent space, but there is an enormous amount of capital flowing into its development due to the astronomical competitive advantage it would provide. In 2019, Google's GOOGL quantum-computer Sycamore proved its ability to solve a complex mathematical equation 158 million times faster than the world's fastest binary supercomputer (IBM's Summit). If AMD could attain a competitive edge in the quantum-computing space, the profit potential would be boundless.
Story continues
As for near-term goals, AMD is expected to release its 5nm 'Zen 4' high-performance CPU in the second quarter of 2022, which will sustain this chip designer's high-performance leadership in the space. This next-generation computer processor will be up to 40% faster than the currently available 'Zen 3,' and will almost certainly be the go-to CPU for data centers (EPYC) and consumer desktops & mobile processors (RYZEN) alike, as Intel lags the innovative curve.
AMD Takeover
While Intel INTC has seemingly fallen asleep at the wheel with its once leading CPUs, AMD was provided with the rare opportunity to jump in the driver's seat of a market that had been monopolized for half a century. Intel's inability to match Taiwan Semi's TSM third party manufacturing abilities (AMD's preferred fabricator) with its one in-house operations combined with other systemic supply chain issues has propelled AMD at least 3 years ahead of it (on a generous scale).
Following a strongly worded letter from an activist investor group, Intel decided enough was enough and brought Pat Gelsinger on as the new CEO in February of this year. The company will be hard-pressed in this game of innovative catch-up to maintain its long-standing corporate relationships with AMD's CPU technology, showing clear performance advantages.
According to PassMark, AMD now controls 40% of the total CPU space, while Intel sits at 60%. AMD has more than doubled its market share in the past 5 years and will progressively control more in the coming years as Intel attempts to restore its leadership. TSMC's accelerating capabilities will be the backbone to AMD's future success, and I don't see Intel's in-house manufacturing catching up to TSMC anytime soon.
AMD is also a leader in the graphic processing unit (GPU) duopoly with NVIDIA NVDA. However, they have not been as successful in competing with this revolutionary chip maker, who has been taking a growing portion of market share in this space. Still, its GPU segment provides AMD with a further diversified product portfolio that provides a hedge for the volatile chip business cycles.
The Financials
AMD has demonstrated accelerating revenue growth with its sales swelling by 99% in this past quarter, which flowed down to margin expanded profits that drove up 350% from a year prior. This chip innovator is expected to see double-digit annualized growth on both its top and bottom-line for years to come.
AMD's balance sheet is a fortress, with more liquid capital than total liabilities, meaning the risk of default is effectively 0, especially when factoring in its exponentially appreciating quarterly cash-flows.
AMD is a seemingly expensive stock with a forward P/E of 38.4x, far above the semiconductor industry average of 22x. However, when you factor growth into this valuation multiple (PEG), the company is trading at a discount to both the chip sector and its own 3-year average.
Final Thoughts
My bet in AMD is a bet on Lisa Su. She has been AMD's innovation catalyzer and invigorated this discount chipmaker into a high-performance, high-growth market leader. I am confident that she will continue to drive this technological backbone above and beyond expectations.
17 out of 25 analysts call AMD a buy today (0 sell ratings), with recent price targets being raised as high as $150 a share (over 35% upside from here). The 4th Industrial Revolution is upon us, and it's time to start investing in it.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportIntel Corporation (INTC) : Free Stock Analysis ReportAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis ReportNVIDIA Corporation (NVDA) : Free Stock Analysis ReportTaiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis ReportAlphabet Inc. (GOOGL) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
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Top 10 Data Center Stories of the Month: August 2021 – Data Center Knowledge
Posted: at 6:17 am
It May Be Too Early to Prepare Your Data Center for Quantum Computing:Before some fundamental questions are answered, it's hard to predict what shape quantum computing will take at scale.
Google, Amazon, Microsoft Share New Security Efforts After White House Summit:The news arrives after tech company leaders met with President Biden to discuss the public-private partnership needed to address security threats.
What Has to Happen for Quantum Computing to Hit Mainstream?Data Center World keynote: It's still early days for quantum computing, where the fundamental technology remains unsettled, and the nature of workloads is fuzzy.
Open Compute Project: Redefining Open Source for the Data Center:OCP expanded the meaning of "open source" beyond software to address the same problems open source software is meant to address.
Taking a Close Look at the $2B for Cybersecurity in the $1T US Infrastructure Bill:The $1 trillion spending package includes funds for bolstering cybersecurity posture in critical digital infrastructure.
The Intersection of Colocation and Hybrid Cloud Remains in Flux:All colo providers recognize a business opportunity in the hybrid cloud trend. How theyre going after it differs widely.
How Much Does Hard Disk Temperature Matter?Tracking hard disk temperature can help avoid disk failure--and the consequences of disk failure.
Digital Realtys Hybrid Cloud Strategy Rests On Connectivity, Partnerships:The companys focus is on making connectivity easier for customers, while partners enable hybrid architecture solutions.
Pilot in Austin to Offer Early Look at Edge Computing at Scale:A group is deploying dozens of nodes that combine compute, connectivity, and sensors in a uniform fashion.
Nvidia Gives Upbeat Forecast Even as Supplies Remain Tight:Its data center unit, which sells GPU accelerators for supercomputers and AI, had sales of $2.37 billion in the quarter, up 35% from a year earlier.
Will Cloudflares Zero-Carbon Pledge Make a Real Impact?Its commitment to 100% renewable energy operations and removing historic emissions is laudable, but complex challenges limit its ambitions compared with hyperscalers.
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Elon Musk Hosted a Tesla ‘All Hands’ Meeting. Here’s What He Said. – Barron’s
Posted: at 6:16 am
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Things are getting more complicated for electric vehicle leader Tesla.
The company is balancing the addition of new models, new capacity, and new employeesall during a pandemic and semiconductor shortage that is constraining global auto production. The rising complexity might be why CEO Elon Musk wanted to chat with employees.
Musk held an all-hands meeting that all Tesla (ticker: TSLA) employees could dial into, according to reports. Tesla didnt respond to a request for comment.
There was good news and bad news for investors.
The bad news is that the Cybertruck is facing delays. Investors already knew delivery of Teslas light-duty pickup had slipped from 2021 into 2022. Now it looks as if production in volume wont come before 2023.
That puts Tesla behind Ford Motor (F), Rivian, and potentially General Motors (GM) in the race to launch an all-electric truck at a scale of tens of thousands of units a year.
On the positive side, 2023 also appears to be the year Tesla plans to launch a smaller model costing about $25,000. Musk and Tesla management have talked about a lower-cost model for months. That is good for the company because it will dramatically expand the market Tesla can address.
A Tesla Model 3 Sedan starts at about $40,000 in the U.S. today. Its still a higher-end sedan, costing about $60,000 in certain configurations.
To date, few details have emerged about the small model. Now analysts and investors will start to put 2023 into their financial models.
The key to selling a low-cost EV, of course, is getting battery costs down. Tesla has managed to raise its gross profit per car sold from about $11,000 to almost $15,000 over the past two years. That happened while average selling prices dropped from about $56,000 to $51,000 per car.
There was talk of a robo-van, too, but details were thin. That might be a self- driving vehicle far in the future, but Tesla also could have designs on the commercial vehicle market down the road. Ford Motor (F) plans to offer an electric version of its Transit van. EV trucking start-up Rivian also has a commercial vehicle planned. EVs make a lot of sense for fleets. They can be charged centrally at night, a daily route rarely exceeds one battery charge, and EVs are cheaper to maintain that traditional vehicles.
Musk also told employees that September would be a busy month for deliveries, Tesla typically delivers most of its cars in the final month of a quarter.
Tesla delivered more than 200,000 vehicles in the second quarter. Analysts are projecting about 224,000 vehicles to be delivered in the third quarter. The global chip shortage, however, will make quarterly production and deliveries a little more exciting than usual.
Tesla stock isnt doing much in response to the mix of news. Shares closed up about 0.2% Friday. The S&P 500 closed just down and the Dow Jones Industrial Average fell about 0.2%. The Nasdaq Composite home to many richly valued tech stocks like Teslarose 0.2%, like Tesla stock.
So far in 2021, Tesla shares are up about 4% year to date, trailing behind the 21% comparable gain of the S&P 500. Still, Tesla stock is up about 80% over the past 12 months and rose 743% in 2020.
Write to Al Root at allen.root@dowjones.com
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Elon Musk Hosted a Tesla 'All Hands' Meeting. Here's What He Said. - Barron's
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Elon Musk loves Texas’ right-wing "social policies" at least that’s what Greg Abbott says – Salon
Posted: at 6:16 am
Elon Musk is leaning into the hardline right-wing policies of his new home state or at least that's what Texas Gov. Greg Abbott (R) says.
On the same day thata controversial near-total abortion ban took effect in the state, Abbott drew on support from Musk for Texas' "social policies" to make the point that he did not expect a backlash from the business community over the law.
"We continue to see a massive influx of these employers coming to the state of Texas becausecandidlynot only do they like the business environment . . . You need to understand thatthere are a lot of businesses and a lot of Americans who like the social positions that the state of Texas is taking," Abbott said during a Thursday interview with CNBC.
"Elon Muskwho I talk to frequentlyhe had to get out of California in part because of the social policies in California," Abbott continued. "Elon consistently tells me he likes the social policies in the state of Texas."
Rather than disagree, the Tesla CEO responded on Twitter by simply saying, "I would prefer to stay out of politics."
"In general, I believe government should rarely impose its will upon the people, and, when doing so, should aspire to maximize their cumulative happiness," Musk added.
Despite Musk's statement, the high-profile businessmanhasn't exactly been silent on issues of politics as of late.
Tesla sued California's Alameda County in May of last year after it enacted a shelter-in-place rule that was intendedto combat rising COVID-19 caseloads and stave off the total collapse of an already strained healthcare system.
Musk later cited the incident as the "last straw," which ultimately forced him to moveout of the Golden State.
On the foreign policy front, Musk made sure to tweet"we will coup whoever we want" after a left-wing party took power in Bolivia last October. Hiscomments sparked fierce backlash online.
The controversial CEO has largely stayed mum on the issue of taxes, though his move to Texas could potentially save him billionsbecause the state has neithercapital gains nor income taxes.
Not that it would matter much, apparently. A bombshell expose released by ProPublica earlier this year revealedthat Musk paid less than $70,000 in federal income taxes between2015-2017and exactly $0 in 2018 putting him at an astronomically lower tax rate than the average American, regardless of income level.
Musk accomplishes this through anarrangement in which heforegoeshis salary as Tesla CEO andlives off loans taken out against his massive equity in the company.
He also appears to beembracing the "social policies" of his new home statejust as Tesla attempts to corner the market on electric trucks.
Pickups are the No. 1 bestselling vehicle type in America, and Tesla's brand-new cybertruck has the potential to be a huge moneymaker for the company if it can capture even a small chunk of the market for truck buyers. It's no coincidence that Musk is embracing Texas, either, given that more than oneout of every six pickups sold in the U.S. is bought there.
It appears that Musk's canny marketingfor the vehicles mightbe working, too. Reports suggest that Tesla has received more than 1 million preorders for its cybertruck.
Productionwas originally slated to start this year, though it was ultimately pushed back to 2022 last month.
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Elon Musk loves Texas' right-wing "social policies" at least that's what Greg Abbott says - Salon
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