July 8 – 5 Key Stories From The Digital World

By July 7, 2019 Insight

1. 2019 VC spending may eclipse 2018 record

  • So far in 2019, VCs have invested $62 billion in U.S. startups
  • puts investors on pace to dole out more than $120 billion this year, surpassing last year’s all-time high of $117 billion
  • Around the world, VCs have invested a total of $104 billion in 2019. Last year, investment soared to $251 billion…unlikely to observe a global record of VC investment this year.

2. Taster’s AI and automation show why virtual kitchens may rule the age of delivery

  • London-based Taster is an example of how the intersection of meal delivery services, artificial intelligence, and data is creating opportunities that threaten the restaurant industry with even greater disruption
  • While meal delivery services initially seemed like a boom for local restaurants, it is virtual kitchens — with their ability to optimize and automate — that may ultimately win the food wars
  • In 2018 report “Is the Kitchen Dead?“ UBS projected that the $35 billion meal delivery economy would grow to $365 billion by 2030

3. Smart waste management system highlights potential for narrowband IoT deployments

  • Twilio is highlighting a use case of its Narrowband IoT service that it says could help revamp archaic waste management processes and ultimately reduce waste collection costs, optimize routes, and lower carbon emissions in cities
  • smart waste management company Sensoneo applied ultrasonic sensors to monitor garbage levels, temperature and pick up status of trash bins, and then used that data to optimize waste collection
  • As a result, Sensoneo says it has lowered waste collection costs by 30% and reduced carbon emissions from waste collection by up to 60% in active cities

4. Aircraft lands itself truly autonomously for the first time

  • Many airliners can land automatically, but they don’t really land autonomously — the airport is guiding them in with a radio signal
  • Researchers at Technische Universität München…successfully tested a system that uses a combination of computer vision and GPS to have the aircraft land itself
  • technology uses GPS to navigate, but allies that with both visible light and infrared cameras to spot the runway and obtain an accurate sense of its position even when fog or rain hurts visibility

5. SpaceX camera captures incredible view of rocket part returning to Earth

  • For the first time, SpaceX captured the fairing before it dropped into the Atlantic — and have now provided stunning vision of its return to Earth
  • Estimates suggest each fairing costs around $6 million, which means recovering them is important to drive down spaceflight costs for SpaceX
  • Rather than manufacture a new fairing each time, it’s better just to re-use them — but until the most recent launch it’s been difficult to catch the falling hunk of metal as it descends toward the ocean