May 21 – 5 Key Stories From The Digital World

By May 21, 2019 Insight

1. Google’s lung cancer detection AI outperforms 6 human radiologists

  • AI model capable of detecting lung cancer from screening tests better than human radiologists with an average of eight years experience
  • the model detected cancer 5% more often on average than a group of six human experts and was 11% more likely to reduce false positives
  • AI system uses 3D volumetric deep learning to analyze the full anatomy on chest CT scans, as well as patches based on object detection techniques

2. This Year’s Tech IPOs Are Raising an Average of $2.2 Billion

  • What makes this year so remarkable, though, is the money that individual companies are raising
  • U.S.-listed IPOs across all industries, not just tech, may raise more than $100 billion this year, eclipsing the $97 billion collected in 2000 during the dotcom bubble
  • there’s a red flag to consider when it comes to the current crop of tech companies going public: They’re hemorrhaging cash

3. GM will deliver over-the-air updates to ‘most’ vehicles by 2023

  • see it first in the 2020 Cadillac CT5 sedan, which should go into production later this year
  • Tesla has been able to update its software via the internet for years, but conventional automakers have been slow to follow suit
  • company previously said it would not use over-the-air updates for safety-critical systems, like braking

4. Venture Funding In Brazil Soars To $1.3B In 2018

  • venture funding in Brazil exploded in 2018 to $1.3 billion, representing nearly two-thirds of all venture money raised in Latin America as a whole last year
  • Brazil made up nine of the 14 top deals in all of Latin America by amount, and represented 66.2 percent of all dollars raised last year
  • Some of 2018’s biggest deals included Brazilian fintech startup Nubank raising $150 million and then $180 million

5. Complexity Gaming opens fancy esports headquarters in Texas

  • The GameStop Performance Center (sponsored by the game retail giant) is built next to Dallas Cowboys World Headquarters
  • facility is a manifestation of Complexity’s vision for the “esports 3.0” era, where esports athletes are treated like professional sports athletes
  • At the 91-acre Star in Frisco, Complexity’s 11,000-square-foot headquarters allows for coordination with the Cowboys organization, so that the business can be fully integrated with a traditional sports franchise