In Today’s Edition

• This Harvard dropout and her brother launched a company to conserve liquids in factories

• Ethereal Machines Bags $7.3 Mn To Help Enterprises Automate Machineries

• Sergey Brin is back at Google to help advance its AI efforts

• Reddit takes over one of the biggest protesting subreddits

• Computer chip with built-in human brain tissue gets military funding

• FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says

🚀Startups Nuts

This Harvard dropout and her brother launched a company to conserve liquids in factories

Annie, 22, and David Lu, 25, launched and are now growing their own company, H2Ok Innovations, which uses a combination of hardware and software to improve the efficiency of manufacturing factories. They come from a family with generations-long history in manufacturing. Annie and David’s paternal grandfather started the factory in China that manufactured specialty, fine chemicals, and their dad worked for the family’s chemical-manufacturing business.Since officially launching in March 2021, H2Ok Innovations has raised $6.8 million from investors including Construct Capital, Flybridge Capital, TechStars, 1517 Fund and 2048 Ventures.

Ethereal Machines Bags $7.3 Mn To Help Enterprises Automate Machineries

Founded in 2014 by Mudda and Navin Jain, the startup manufactures computer numerical control (CNC) machines. Ethereal is planning to use the funds to set up factories across India. The machines produced by the startup uses proprietary technology to ease out the manufacturing processes of its clients.

🏭Business Nuts

Sergey Brin is back at Google to help advance its AI efforts

Google co-founder Sergey Brin has reportedly been showing up at Google offices much more often recently to help the company advance its AI endeavors. Brin has been working with the AI team to build Google’s next-generation AI model Gemini, mostly using his role to support the hiring process. Alphabet CEO Sundar Pichai seems to welcome Brin's involvement. Brin had brushed aside AI for years and ignored many of the early developments from Google Brain that are now the basis of many cutting-edge AI technologies.

Reddit takes over one of the biggest protesting subreddits

Reddit has removed the moderators of r/malefashionadvice, a subreddit with more than 5 million subscribers. The subreddit was the largest subreddit still closed in protest of Reddit's API pricing changes. It had gone private while directing its users towards the r/malefashionadvice Discord and Substack. The subreddit is still in restricted status, meaning only certain users can make new posts.

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📱Tech Nuts

Computer chip with built-in human brain tissue gets military funding

DishBrain is a semi-biological computer chip with human and mouse brains lab-grown into its electrodes created by Monash University scientists. The project attracted a $407,000 grant from Australia's National Intelligence and Security Discovery Research Grants program after the chips demonstrated the ability to learn to play the game Pong within five minutes. These types of chips may eventually become a new form of machine intelligence. The funds from the grant will be used to scale up the hardware and methods used to create the chips to the point where they become a viable replacement for silicon computing.

Amazon is getting ready to launch a lot of broadband satellites

Amazon hopes to be building and launching up to 80 satellites per month within a few years to populate its Kuiper constellation. The Kuiper network aims to provide Internet connectivity around the world. Amazon will begin production of the satellites in the next six months. It has invested around $120 million into a production facility that can accommodate up to three simultaneous launch campaigns.

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🎁Miscellaneous

FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says

Sam Bankman-Fried's younger brother considered purchasing Nauru to create a fortified apocalypse bunker-state, according to a lawsuit filed in a Delaware bankruptcy court. Gabe Bankman-Fried had planned to buy the island nation to protect his allies and create a genetically enhanced human species in the event of a mass human extinction event. A representative from Nauru says that the island was not - and has never been - for sale.

💡What else are we reading and seeing?

• 3 ways to build A.I. skills even if you don’t work in tech

• What AI means for growth, incomes, and inflation

• Zuckerberg has led the comeback story of the year

• How Texas became the capital of chipmakers

• Why Bezos is paying attention to his newspaper again

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😎Fun Fact

Peanuts are not actually nuts; they are legumes related to lentils and beans.

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