Tag: MIT

Alumni Ventures Group is the most active venture fund you’ve never heard of

Alumni Ventures Group’s (AVG) limited partners aren’t endowment or pension funds. Its typical LP is a heart surgeon in Des Moines, Iowa. The firm has both an unorthodox model of fundraising and dealmaking. Across 25 micro funds, AVG is raising and investing upwards of $200 million per year for and in tech

MIT researchers say memory splitting breakthrough could prevent another Meltdown or Spectre

Virtually every modern computer processor was thrown under the bus earlier this year when researchers found a fundamental design weakness in Intel, AMD and ARM chips, making it possible to steal sensitive data from the computer’s memory. The Meltdown and Spectre vulnerabilities — which date back to 1995 — punched

MIT announces new college of computing with $1 billion commitment

MIT announced today that it is massively doubling down on the future of computer science with the launch of a new college of computing. The university is committing $1 billion in resources to the new school, and the university received a $350 million donation from Stephen A. Schwarzman, who will

Tim Berners-Lee is on a mission to decentralize the web

“I’ve always believed the web is for everyone,” wrote Tim Berners-Lee, the well-known (and knighted) creator of the World Wide Web. “The web has evolved into an engine of inequity and division; swayed by powerful forces who use it for their own agendas,” he added. “Today, I believe we’ve reached

uBiome is jumping into therapeutics with a healthy $83 million in Series C financing

23andMe, IBM and now uBiome is the next tech company to jump into the lucrative multi-billion dollar drug discovery market. The company started out with a consumer gut health test to check whether your intestines carry the right kind of bacteria for healthy digestion but has since expanded to include

Robots can develop prejudices just like humans

In a fascinating study by researchers at Cardiff University and MIT, we learn that robots can develop prejudices when working together. The robots, which ran inside a teamwork simulator, expressed prejudice against other robots not on their team. In short, write the researchers, “groups of autonomous machines could demonstrate prejudice

MIT researchers teach a neural network to recognize depression

A new technology by MIT researchers can sense depression by analyzing the written and spoken responses by a patient. The system, pioneered by MIT’s CSAIL group, uses “a neural-network model that can be unleashed on raw text and audio data from interviews to discover speech patterns indicative of depression.” “Given

George Church’s genetics on the blockchain startup just raised $4.3 million from Khosla

Nebula Genomics, the startup that wants to put your whole genome on the blockchain, has announced the raise of $4.3 million in Series A from Khosla Ventures and other leading tech VC’s such as Arch Venture Partners, Fenbushi Capital, Mayfield, F-Prime Capital Partners, Great Point Ventures, Windham Venture Partners, Hemi Ventures,