DAILY INNOVATION BRIEF by Edward Kane, Journalist
DAILY INNOVATION BRIEF
By Journalists Edward Kane & Maryanne Kane
CHINA'S FLOATING HYPERLOOP TO BE FASTER THAN A PLANE
- China's T-Flight hyperloop train just successfully tested at a record-breaking 387 mph and has the potential to hit a whopping 1,243 mph. Here's what we know:
- China Aerospace Science and Industry Corporation has developed a high-speed hyperloop that just tested at speeds close to 400 mph
- Travels in a vacuum tube
- Has the potential to revolutionize travel
- If all goes well, it could travel at speeds of 1,243 mph - faster than a plane
- Called the floating hyperloop T-Flight
- Uses magnetic levitation technology where magnets lift the RR pod above the tracks in a vacuum tube letting it glide
- No wheels, no friction, faster and quieter travel
- Expected to be under development for a decade plus
- Example of time savings: could cut travel time from Beijing to Wuhan from 4 hours to 30 minutes.
BRIGHT FUTURE FOR SMART BOTS
Source: Figure AI
- Savy entrepreneurs and investors like Jeff Bezos are betting their money on the development of humanoid robots empowered by AI to be a significant force in the global economy's near future. Here are some key facts:
- Powered by AI, these smart bots are expected to be vital helpers at home and workers in factories and businesses
- An example: new California-based startup Figure AI, that's developing a general purpose, humanoid robot called Figure 01
- It recently attracted $675 million in investment money and is now valued at $2.6 billion
- The investors include Amazon founder Jeff Bezos and big players in AI like Microsoft, Nvidia and Open AI
- Open AI is also developing specialized AI systems to enable Figure's robot to see, speak, move like humans and perform physical tasks
- Aim: have the robots perform everyday tasks autonomously
- To keep its robotic options open, Open AI is also investing in Norwegian robotics company 1X
- Empowering humanoid robots with AI is a growing megatrend
- VC firms are accelerating their investments in the sector where there are lots of competitors - like Tesla and Boston Dynamics.
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