Technology
Every Cure Receives Five-Year, $60 Million Commitment Through TED’s Audacious Project to Repurpose Medications for Global Impact
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5 hours agoon
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PHILADELPHIA, Oct. 9, 2024 /PRNewswire/ — Every Cure, an AI-powered nonprofit biotech organization, has received a five-year $60 million commitment through TED’s Audacious Project to advance promising repurposed treatments to patients around the world. This support will enable Every Cure to evaluate the most promising treatments identified by its ARPA-H-funded AI platform in laboratory and clinical studies, with the goal of democratizing access to safe and effective therapies for patients worldwide. Over the next five years, Every Cure will collaborate with patient organizations and stakeholders linked to the most promising drug repurposing opportunities, to ensure that these treatments reach the patients that need them the most. Ultimately, Every Cure aims to transform the global treatment landscape, improve health outcomes, and enhance the quality of life for countless individuals.
Every Cure was founded in 2022 by Dr. David Fajgenbaum, Dr. Grant Mitchell, and Tracey Sikora to amplify the impact they had been making at the University of Pennsylvania in repurposing drugs for rare diseases, including the successful repurposing of a drug for Castleman disease that ultimately saved Dr. Fajgenbaum’s life. “This is such a major step in our journey to unlock the life-saving potential of existing drugs,” said Dr. David Fajgenbaum, President of Every Cure. “I’m alive because of a repurposed drug and we’ve been able to save the lives of other patients with repurposed drugs over the last 10 years. This funding will help us to save many more lives all around the world.”
In parallel to the repurposing efforts led by Dr. Fajgenbaum at the University of Pennsylvania, Dr. Mitchell and his colleagues on Every Cure’s technology team were pioneering the use of machine learning for drug discovery in partnership with biopharmaceutical companies, and they are now poised to scale these innovative approaches. “We believe that repurposing existing treatments is the fastest and most efficient approach to addressing critical health challenges and maximizing the return on investment for saving lives,” said Dr. Grant Mitchell, CEO of Every Cure.
Of the world’s approximately ~18,500 recognized diseases, only ~4,000 have FDA approved treatments, leaving hundreds of millions of people worldwide without effective therapies for their conditions. Strikingly, over 80% of currently FDA-approved treatments are generic or off-patent and could hold the key to new treatments. Tragically, systemic barriers and a lack of financial incentives hinder further research on these medications, resulting in these life-saving drugs remaining underutilized on pharmacy shelves while patients continue to suffer from limited or no treatment options.
To address these challenges, Every Cure systematically identifies and advances promising repurposing opportunities by leveraging its comprehensive AI data engine, which generates predictive efficacy scores for FDA-approved drugs across all diseases. The funding catalyzed through The Audacious Project will strengthen this capability by supporting essential research and clinical initiatives, ensuring rapid access to identified therapies for patients in need, and accelerating the path from discovery to treatment.
The Audacious Project is a collaborative funding initiative housed within TED that empowers changemakers to transform their innovative ideas for solving the world’s greatest challenges into viable multi-year initiatives. Each year, they partner with visionary philanthropists to launch these initiatives into the world. In addition to financial backing, support through TED’s Audacious Project will significantly raise awareness of Every Cure’s innovative drug repurposing approach, fostering collaboration and advancing their groundbreaking efforts. This invaluable support is essential as Every Cure seeks to engage a wider audience committed to improving access to effective treatments for patients around the globe.
“We are thrilled to support Every Cure’s visionary mission to save lives by finding new uses for generic and off-patent drugs,” said Anna Verghese, Executive Director of The Audacious Project. “With the funding catalyzed through The Audacious Project, Every Cure has the potential to change the lives of the 300 million people lacking access to safe and effective treatments.”
Ultimately, Every Cure aims to raise over $220 million to support this historic, first-of-its-kind initiative dedicated to systematically identifying and unlocking hidden cures. The Audacious Project’s investment in Every Cure builds on an additional $48 million, three-year contract with ARPA-H, a U.S. federal agency that supports impactful biomedical and health initiatives. This landmark funding through The Audacious Project will further empower Every Cure to leverage the outcomes of the ARPA-H contract, enhancing its organizational efforts for global impact. The investments from ARPA-H and the Audacious donors, such as Acton Family Giving; Laura and John Arnold; Chris Anderson and Jacqueline Novogratz; Reed Hastings; High Tide Foundation; Lyda Hill Philanthropies; Jeff and Marieke Rothschild; Sea Grape Foundation; and Valhalla Foundation, bring Every Cure’s current fundraising total to approximately $110 million.
Media Contact:
Jamie Babin
Jamie@everycure.org
About Every Cure: Every Cure is a nonprofit biotech that utilizes AI to unleash the potential of every approved medicine to treat every disease it possibly can. Every Cure believes that repurposing medicines represents the fastest and most efficient way to tackle critical health challenges all while optimizing the return on investment in the effort to save lives. Unfortunately, systemic barriers often hinder effective repurposing, leaving patients without access to available potential treatments. To tackle these challenges, Every Cure leverages its AI platform to efficiently identify and evaluate drug repurposing opportunities across all drugs and diseases. This process is guided by objective data and insights from global experts, patient advocacy groups, and research foundations, ensuring a comprehensive strategy that maximizes the potential for discovering effective repurposed treatments. Every Cure aims to update clinical guidelines and may conduct clinical trials as part of its mission to ensure effective therapies reach those in need. Every Cure proudly announced its launch in September 2022 at the Clinton Global Initiative.
About The Audacious Project: Launched in April 2018, The Audacious Project is a collaborative funding initiative that’s catalyzing social impact on a grand scale. Housed at TED, the nonprofit devoted to ideas, and with support from The Bridgespan Group, The Audacious Project convenes funders and social entrepreneurs with the goal of supporting bold solutions to the world’s most urgent challenges. The funding collective is made up of respected organizations and individuals in philanthropy, including Bill & Melinda Gates Foundation, ELMA Philanthropies, Emerson Collective, MacKenzie Scott, Skoll Foundation, Valhalla Foundation, and more.
Each year The Audacious Project supports a new cohort. The 2024 grantees are Equipo Argentino de Antropología Forense, Every Cure, Food4Education, Global Methane Hub, Great Barrier Reef Foundation, Inkomoko, MapBiomas, Project Canary, Scaling Safety, and Transcend Education.
Learn more at AudaciousProject.org.
For more information on Every Cure’s initiatives and to learn how you can contribute, visit EveryCure.org.
For further information or to express interest in partnering with Every Cure, please contact us at press@everycure.org or connect with us on Twitter, LinkedIn, Facebook, and Instagram.
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SOURCE Every Cure
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Technology
AI Image Generator Market to be Worth $1093.1 Million by 2031–Exclusive Report by Meticulous Research
Published
43 mins agoon
October 9, 2024By
REDDING, Calif., Oct. 9, 2024 /PRNewswire/ — According to a new market research report titled, ‘AI Image Generator Market by Offering (Solutions, Services), Deployment Mode, Application (Personal, Professional), Platform (Web-based, Mobile), End User (Media & Entertainment, Marketing and Advertising), and Geography—Global Forecast to 2031.
The AI image generator market is projected to reach $1093.1 million by 2031, at a CAGR of 16.4% from 2024–2031.
The AI image generator market is growing primarily due to the high adoption of AI image generator solutions for marketing and advertising-related activities and the rise in do-it-yourself (DIY) content creation platforms. However, this market’s growth is restrained by concerns related to data privacy and the creation of malicious content.
Download FREE PDF Brochure Of AI Image Generator Market – https://www.meticulousresearch.com/download-sample-report/cp_id=6009
Additionally, the growing adoption of AI image generators in the healthcare sector, rising integration of generative AI and computer vision for advanced image manipulation, and increasing usage of AI image generators among personal users are anticipated to create substantial growth opportunities for players operating in this market. However, issues related to the high dimensionality of images pose a significant challenge to market growth. Moreover, the integration of AI image generators for educational purposes is a prominent market trend in the AI image generator market.
Key Players:
Some of the major players studied in this report are Microsoft Corporation (U.S.), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), Amazon Web Services, Inc. (A Subsidiary of Amazon.com Inc.) (U.S.), Adobe Inc.(U.S.), OpenAI, L.L.C. (U.S.), Nvidia Corporation (U.S.), Meta Platforms, Inc (U.S.), Databricks, Inc. (U.S.), Vyro LLC (Australia), Jasper AI, Inc. (U.S.), NightCafe Studio Pty Ltd (Australia), Stability AI Ltd (U.K.), Lightricks Ltd. (Israel), Runway AI, Inc. (U.S.), Lumen5 Technologies Ltd (Canada), Craiyon LLC (U.S.), Resleeve B.V. (Netherlands), and starryai, Inc. (U.S.).
The AI image generator market is segmented by offering (solutions {text-to-image generation, image-to-image generation, semantic image-to-image generation, and other solutions} and services {training & consulting services, system integration & implementation services, and support & maintenance services}); deployment mode (cloud-based and on-premise); application (personal and professional/enterprises); platform (web-based and mobile), and end user (IT & telecommunication, media & entertainment, marketing, and advertising, healthcare & life sciences, gaming, education & training, retail & E-commerce, construction & real estate, government & defense, BFSI, art and design, fashion & apparel, energy & utilities, and other end users). The report also provides a comprehensive analysis of the AI image generator market in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Get Insightful Data On Regions, Market Segments, Customer Landscape, And Top Companies (Charts, Tables, Figures And More) – https://www.meticulousresearch.com/request-sample-report/cp_id=6009
Key Findings in the AI Image Generator Market Study:
By offering, the solutions segment is slated to record the highest CAGR during the forecast period. The increasing utilization of AI image generator solutions to produce images that meet user specifications and preferences, combined with their capability to generate a substantial volume of visually appealing and customized product images for businesses, are factors expected to contribute to the rapid growth of this segment.
By deployment mode, the cloud-based segment is slated to register the highest CAGR during the forecast period. The rising adoption of cloud-based AI image generators, enabled by access across multiple devices such as desktops, tablets, and smartphones, facilitates user-friendly experiences in diverse environments. Moreover, cloud providers enhance infrastructure performance to ensure efficient execution of image generation tasks, driving the rapid growth of this segment.
By application, the personal segment is slated to register the highest CAGR during the forecast period. The increasing adoption of AI image generators by individuals for the instant creation of images for personal projects, along with the growing demand for do-it-yourself (DIY) content creation platforms, are key factors expected to contribute to the rapid growth of this segment.
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By platform, the mobile segment is slated to register the highest CAGR during the forecast period. The growing utilization of mobile-based applications, facilitated by free versions and in-app purchase options, along with the availability of offline functionality that enables users to generate images without an internet connection, are key factors expected to contribute to the rapid growth of this segment.
By end user, the media & entertainment segment is slated to register the highest CAGR during the forecast period. The increasing adoption of AI image generators in the media and entertainment industry for the cost-effective creation of visual content, including posters, promotional materials, and cover art, coupled with the rising integration of these tools to enhance production processes and engage audiences in novel ways, are key factors expected to contribute to the rapid growth of this segment.
By geography, Asia-Pacific is slated to register the highest CAGR of 17.5% during the forecast period. The growing adoption of AI image generator solutions for marketing and advertising activities in the region, the rising integration of these tools among individual users, and the increasing use of AI image generators for educational purposes in the Asia-Pacific are key factors expected to drive significant growth in the market.
IMMEDIATE DELIVERY AVAILABLE | BUY THIS RESEARCH REPORT (Insights, Charts, Tables, Figures and More) –
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Scope of the Report:
AI Image Generator Market Assessment—by Offering
SolutionText-to-Image GenerationImage-to-Image Generation Semantic Image-to-Image GenerationOther Solutions
ServicesTraining & Consulting ServicesSystem Integration & Implementation ServicesSupport & Maintenance Services
AI Image Generator Market Assessment—by Deployment Mode
Cloud-basedOn-premise
AI Image Generator Market Assessment—by Application
PersonalProfessional/Enterprises
AI Image Generator Market Assessment—by Platform
Web-basedMobile
AI Image Generator Market Assessment—by End User
IT & TelecommunicationMedia & EntertainmentMarketing and AdvertisingHealthcare & Life SciencesGamingEducation & TrainingRetail & E-commerceConstruction & Real EstateGovernment & DefenseBFSIArt and DesignFashion & ApparelEnergy & UtilitiesOther End Users
AI Image Generator Market Assessment—by Geography
North AmericaU.S.Canada
EuropeGermanyU.K.FranceItalyNetherlandsSpainSwedenPolandRest of Europe
Asia-PacificJapanChinaIndiaSouth KoreaSingaporeAustralia & New ZealandIndonesiaThailandMalaysiaRest of Asia-Pacific
Latin AmericaMexicoBrazilRest of Latin America
Middle East & AfricaUAESaudi ArabiaSouth AfricaIsraelRest of Middle East & Africa
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AI Image Generator Market Research Summary
Particulars
Details
Number of Pages
300
Format
Forecast Period
2024–2031
Base Year
2023
CAGR (Value)
16.4 %
Market Size (Value)
USD 1093.1 million by 2031
Segments Covered
By Offering
SolutionsText-to-Image GenerationImage-to-Image Generation Semantic Image-to-Image GenerationOther SolutionsServicesTraining & Consulting ServicesSystem Integration & Implementation ServicesSupport & Maintenance Services
By Deployment Mode
Cloud-basedOn-premise
By Application
PersonalProfessional/Enterprises
By Platform
Web-basedMobile
By End User
IT & TelecommunicationMedia & EntertainmentMarketing and AdvertisingHealthcare & Life SciencesGamingEducation & TrainingRetail & E-commerceConstruction & Real EstateGovernment & DefenseBFSIArt and DesignFashion & ApparelEnergy & UtilitiesOther End Users
Countries Covered
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Netherlands, Spain, Sweden, Poland, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Singapore, Australia & New Zealand, Indonesia, Thailand, Malaysia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (UAE, Saudi Arabia, South Africa, Israel, and Rest of Middle East & Africa)
Key Companies
Microsoft Corporation (U.S.), Google LLC (A Subsidiary of Alphabet Inc.) (U.S.), Amazon Web Services, Inc. (A Subsidiary of Amazon.com Inc.) (U.S.), Adobe Inc.(U.S.), OpenAI, L.L.C. (U.S.), Nvidia Corporation (U.S.), Meta Platforms, Inc (U.S.), Databricks, Inc.(U.S.), Vyro LLC (Australia), Jasper AI, Inc. (U.S.), NightCafe Studio Pty Ltd (Australia), Stability AI Ltd (U.K.), Lightricks Ltd. (Israel), Runway AI, Inc. (U.S.), Lumen5 Technologies Ltd (Canada), Craiyon LLC (U.S.), Resleeve B.V. (Netherlands), and starryai, Inc. (U.S.).
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SOURCE Meticulous Market Research Pvt. Ltd.
Technology
Redefining Jobs in the Age of AI: The Howling Mine Introduces Teleportation and Gamified Employment
Published
43 mins agoon
October 9, 2024By
Jon NEVERDIE Jacobs unveils the Howling Mine Asteroid in Entropia Universe—a groundbreaking initiative combining teleportation, AI, and gamified employment—to redefine jobs in the age of AI by creating real-world income opportunities in the metaverse and addressing AI-driven job displacement.
LOS ANGELES, Oct. 9, 2024 /PRNewswire-PRWeb/ — As artificial intelligence continues to transform industries and threaten millions of jobs, Jon NEVERDIE Jacobs, a pioneering figure in the metaverse, presents a visionary solution for the future of work. His latest initiative, centered on the Howling Mine Asteroid in Entropia Universe, introduces gamified jobs as a scalable response to AI-driven job displacement—potentially setting the stage for a new global digital economy.
Set to launch in December, the Howling Mine will become a key destination for mining unique ores vital to the next evolution of the metaverse economy. The update will introduce new features to Entropia Universe, including mining directly from spaceships and intergalactic teleportation, offering players exciting new ways to monetize their time. To build excitement, Mindark launched a series of spaceship blueprints and a universe-wide resource-gathering event, where players can compete for the first-ever space mining ships.
Redefining Work in the Age of AI
As AI systems from OpenAI, Anthropic, Google, Apple, and Meta reshape industries, the risk of human labor becoming obsolete grows. NEVERDIE offers an alternative: a metaverse economy where virtual jobs generate real-world income for millions of users.
“We’re not passively watching AI make jobs obsolete—we’re using the metaverse and harnessing the power of AI to create new opportunities where people can thrive in a digital economy that values human creativity and interaction,” says NEVERDIE.
Howling Mine: Unlocking a New Economic Frontier
The Howling Mine Asteroid, located in a dangerous, remote sector, will be the focus of a new era for Entropia Universe. Upon its launch, players will face space pirates as they mine rare ores essential for teleportation technology. This exciting gameplay could make space piracy one of the most lucrative virtual professions in the game. The discovery of teleportation opens the door to a turbo-charged virtual economy, where players can “planet-hop” to seize fleeting opportunities, while gamified jobs provide a financial incentive for new players to thrive.
This isn’t just about new gameplay mechanics—it’s the beginning of a scalable model that could address global employment challenges. The Howling Mine is set to provide millions of jobs and generate a new economic ecosystem within the metaverse, bridging the gap between virtual and real-world economies.
Conscription Vs. Subscription
In a unique twist, the primary job opportunity at the Howling Mine involves the gamified hunting of AI bots, turning the war against AI into a real-world income source. Along with the new space mining and shipbuilding ecosystems, these jobs are expected to form the foundation of a space economy. This is not an experiment; it’s a proven model. NEVERDIE’s job system, successfully tested over six years on Rocktropia with 50,000+ completed jobs, has become the planet’s most popular mission, demonstrating its scalability and sustainability.
“The shift from subscription to Free2Play now culminates in the Conscription Model, where players get paid to play—revolutionizing how time and skill are valued in games with virtual economies,” explains NEVERDIE.
A Moonshot on the Future of the Metaverse
In a visionary move, actor and filmmaker Jon NEVERDIE Jacobs, who made headlines in 2005 by mortgaging his Miami home to purchase a virtual asteroid for $100,000—later selling it for $635,000—has secured exclusive rights to the Howling Mine Asteroid. This decision underscores his belief that the Howling Mine will redefine work in the metaverse and generate real-world economic impact.
“I’m confident that the discovery of intergalactic teleportation technology at the Howling Mine will pave the way for millions of people to find work and prosperity in the metaverse, and I’m all-in on making that vision a reality,” says NEVERDIE.
With the potential to create millions of jobs and generate billions in revenue, the Howling Mine is poised to reshape not just virtual economies but global markets as well.
AI-Powered Job Creation: A Scalable Solution to Global Job Displacement
“As AI takes over many of the world’s jobs, we need to look toward digital economies as the next frontier for employment,” explains NEVERDIE. Entropia Universe, with the help of Celeste AI, aims to absorb displaced workers into a thriving digital economy, turning AI from a threat into an opportunity.
Unlike other AI initiatives focused on automating tasks, Entropia Universe uses AI to enhance human involvement, encouraging players to actively contribute to the economy, driving both virtual and real-world impact.
Competing with the AI Giants
NEVERDIE positions the Howling Mine as the blueprint for a new economic model capable of creating millions of jobs worldwide.
“The world should be paying attention to what’s happening in Entropia Universe,” NEVERDIE emphasizes. “We’re not just talking about the future of work—we’re building it, using AI to empower people and drive economic growth in the metaverse.”
About Jon NEVERDIE Jacobs
Award-winning actor and filmmaker Jon NEVERDIE Jacobs is a pioneering figure in the metaverse, known for creating landmark events in the evolution of Entropia Universe. His projects, including Club NEVERDIE, Rocktropia, KING KONG, and The Thing—in partnership with Universal Studios licensing—have redefined how players interact with virtual worlds. With the launch of the Howling Mine and the expansion of his AI Hunting job system, NEVERDIE is positioning Entropia Universe as a global leader in solving the challenges posed by AI-driven job displacement.
For more information visit https://thehowlingmine.com/
Media Contact
Jon NEVERDIE Jacobs, NEVERDIE LLC, 1 3235040667, info@neverdie.com, https://thehowlingmine.com/
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SOURCE NEVERDIE LLC
Technology
The Future of Innovative Hearing Technology: Starkey Unveils Edge AI
Published
43 mins agoon
October 9, 2024By
Featuring Auracast™ Broadcast Streaming Capabilities
EDEN PRAIRIE, Minn., Oct. 9, 2024 /PRNewswire/ — Starkey, a leader in hearing technology, has once again set a new standard with the introduction of Edge AI, innovative hearing technology designed to take patient care to unparalleled heights. Building on the success of Genesis AI, which transformed the industry, Edge AI represents the next leap in intelligent hearing technology.
“Starkey remains the industry leader in innovation, continuing to introduce technology that has never been seen or heard before,” said Brandon Sawalich, President and CEO at Starkey. “We were the first to bring AI technology to the hearing industry and, last year, we redefined flagship technology with an all-new processor, new hearing experience, and new possibilities. Now, with the launch of Edge AI, the era of excellence continues at the speed of innovation. Our vision to be the best endures as we push the edge of what’s possible to bring better hearing for all.”
Unmatched Performance and Processing Power
Edge AI introduces the G2 Neuro Processor, the next generation of advanced technology from Starkey. Equipped with a groundbreaking Neural Processing Unit (NPU) with unmatched Deep Neural Network (DNN) processing capabilities, Starkey’s Edge AI ensures superior performance without compromising its industry-leading battery life. By far the most advanced integrated circuit in any hearing aid available, the G2 Neuro Processor features the industry’s only NPU fully integrated into the chip. This efficiency means that the waterproof* Edge AI RIC RT can continue to offer patients up to 51 hours of battery life. Additionally, building on the foundation of the sound management system in the Neuro Sound Technology, the 2.0 edition enhanced with DNN processing is 30% more accurate at identifying speech compared to previous generations, appropriately classifies the most challenging listening situations like multi-talker babble, and significantly enhances the signal to noise ratio.
“Building on the success of Genesis AI, Neuro Sound Technology 2.0 lets Starkey offer patients and providers the most innovative and best-sounding products in the industry,” said Achin Bhowmik, Ph.D., Chief Technology Officer and Executive Vice President of Engineering. “With the industry’s only neural processing unit fully integrated into the chip, Edge AI is our most powerful noise management system.”
Next-Level Connectivity with Bluetooth LE Audio
Edge AI introduces the next generation of Bluetooth connectivity through Low Energy (LE) Audio, supporting a broader range of devices with fewer dropouts and enhanced performance. LE Audio also features Auracast™ broadcast streaming, enabling users to connect to an expanded variety of audio sources seamlessly.
Starkey is also launching the new StarLink Edge TV Streamer, 60% smaller than previous versions. It uses LE Audio for high-fidelity streaming from televisions to LE Audio-enabled hearing aids like Edge AI.
Health and Wellness Innovations
Starkey has led the industry in incorporating overall health and wellness into the hearing aid, as we were the first to integrate 3D sensors; the first to enable counting steps; the first to track and encourage social engagement; and the first and only manufacturer with a fall detection and alert system in hearing aids. Edge AI features the world’s first and only use of sensors onboard the hearing aid to perform a self-guided balance assessment exercise. Further ensuring that patients already at an increased risk of falls are identified and managed before a fall becomes reality.
Enhanced Mobile Experience
The My Starkey Mobile Application continues to receive enhancements to make the patient’s experience easier and support the new streaming capabilities. Included with Edge AI is Apple Watch support as an extension of the My Starkey app. Patients can adjust volume, programs, or control the Edge Mode+ settings, all from their wrist.
For more information on Starkey, please visit Starkey.com.
*Up to one meter
About Starkey
Starkey is a privately held, global hearing technology company headquartered in Eden Prairie, Minnesota. Founded by Bill Austin in 1967, Starkey is known for its innovative design, development and distribution of comprehensive digital hearing systems. Led today by President and CEO Brandon Sawalich, Starkey is the only American-owned provider of hearing technologies. The company has more than 5,000 employees, operates 29 facilities and does business in more than 100 markets worldwide. Learn more at starkey.com.
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SOURCE Starkey Laboratories, Inc.
AI Image Generator Market to be Worth $1093.1 Million by 2031–Exclusive Report by Meticulous Research
Redefining Jobs in the Age of AI: The Howling Mine Introduces Teleportation and Gamified Employment
The Future of Innovative Hearing Technology: Starkey Unveils Edge AI
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