August 8 – 5 Key Stories From The Digital World

By August 8, 2019 Insight

1. Nike buys an AI startup that predicts what consumers want

  • Nike’s market cap has swollen past $100 billion, but the shoe company still sees potential to learn more about what customers want and how to source and stock products to meet those needs
  • The startup’s tech focuses on delivering data insights after being fed a bunch of structured and unstructured retail data
  • These insights allow retailers to see cost/benefit analysis of arranging their inventory, something that might interest Nike, which banked $36.4 billion in revenue last year

2. FedEx leaves Amazon on the doorstep as the store becomes a competitor

  • It’s no surprise FedEx would stop working with Amazon: the Internet’s everything store is now direct competition…most recent annual report (PDF) cited the rise of Amazon as a competitor as a potential risk for investors
  • In July, analytics firm Rakuten Intelligence reported that Amazon now handles about half of all “last mile” shipments—the stuff that literally goes to your doorstep—on its own
  • By Rakuten’s reckoning, Amazon has more employees than FedEx, UPS, or the US Postal Service, and those employees have 50 planes, 300 freight trucks, and 20,000 local delivery vans at their disposal

3.  Ultrasounds Where You Need Them: How AI Is Improving Diagnoses at Point of Care

  • system combines deep learning algorithms, trained on NVIDIA DGX Station, and cutting-edge handheld ultrasound devices, which can be linked up to mobile phones and tablets, to deliver the expertise of cardiac health specialists in emergency situations
  • Using a wealth of training data from leading cardiology units, DESKi has developed a series of neural networks that can determine whether or not the DeepEcho’s ultrasound probe is in the correct position for acquiring accurate and insightful views of the heart
  • The company is also training its algorithms to automatically measure the left ventricle ejection fraction, which can help diagnose heart failure

4. Self-driving truck startup Kodiak Robotics begins deliveries in Texas

  • Kodiak will open a new facility in North Texas to support its freight operations along with increased testing in the state
  • Self-driving truck startup TuSimple was awarded a contract this spring to complete five round trips, for a two-week pilot, hauling USPS trailers more than 1,000 miles between the postal service’s Phoenix and Dallas distribution centers
  • Other companies developing autonomous vehicle technology for trucks such as Embark and Starsky Robotics have also tested on Texas roads

5. Watch SpaceX’s droneship catch a rocket part that fell from space

  • Once the rocket punches out of the atmosphere and into space, the fairing breaks in half and falls back to Earth
  • A droneship, stationed in the Atlantic Ocean, then attempts to catch the fairing with a giant net
  • A New Zealand-based spaceflight company, Rocket Lab, announced on Tuesday it would also begin attempting to reuse rockets…won’t be capturing any fairings, but it will try and snag the first stage booster from the sky with a helicopter