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  • Amazon relies on ‘serendipity’ for office return

Amazon relies on ‘serendipity’ for office return

Plus: Google’s plan to purge inactive accounts isn’t sitting well with some users

In Today’s Edition

  • Mycoprotein producer Enough raises €40M toward doubling its production capacity

  • Viome, a microbiome startup, raises $86.5M, inks distribution deal with CVS

  • Google’s plan to purge inactive accounts isn’t sitting well with some users

  • Meta's Next Big Open Source AI Dump Will Reportedly Be a Code-Generating Bot

  • New Intel GPU drivers help address one of Arc’s biggest remaining weak points

  • I try synthetic salmon and enter the “uncanny valley” of taste

🚀Startups Nuts

Scotland-based company Enough has received €40 million to expand production of its sustainable mycoprotein made from mushrooms. The company's technology feeds fungi with renewable feedstocks and then ferments it, resulting in a neutral-flavored, high protein, and fiber meat substitute. Abunda mycoprotein is up to 15 times more efficient than protein from beef, making it more affordable to produce. Enough plans to double its output capacity in the Netherlands and build a second production line to meet growing global demand. The company is working with partners, including Plukon Food Group, M&S, and Unilever, on first-market launches, with retail launches expected at the end of the year.

Read Here - Link

Bellevue-based startup Viome has raised $86.5m in a Series C funding round, co-led by Khosla Ventures and Bold Capital, to expand its business of assessing customers' microbiomes. Viome's RNA sequencing technology analyses biological samples at least 1,000 times greater than other technologies, and is fully automated. The company plans to expand into new areas, including product lines around mouth and dental health, and retail partnerships, such as a deal with CVS. Viome's existing business includes tests based on samples of a person's blood, stools and saliva, vitamin supplements and assessments around diet. So far, it has run tests for some 350,000 consumers from 106 countries.

Read Here - Link

🏭Business Nuts

Google will delete user accounts that haven't signed in for more than two years starting in December. It claims the move is for security reasons, but the company is currently in cost-cutting mode. Some people have criticized Google for not making its communications more clear. The new policy doesn't apply to schools or businesses using Google accounts or paying subscribers.

The head of Amazon's cloud computing business told employees to think about the serendipitous things that could happen when returning to office rather than give them data to back up the decision to require workers to come back to the office, saying that such data was hard to come by.

📱Tech Nuts

Meta's next AI release will reportedly be a coding machine. It may be released as soon as next week. Code Llama will be open source and available for free. It will be based on Llama and suggest code to developers automatically as they type.

Intel has put a lot of work into improving its Arc drivers since they launched around a year ago. It has just released several improvements to its DirectX 11 drivers. Several games now run about 19% faster on average than they did last October. The improvements make Arc GPUs almost as performative as the GeForce RTX 3060 in DirectX 11 games, but they are more than competitive in DirectX 12 games.

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🎁Miscellaneous

New School Foods is a Toronto-based startup that has been developing a salmon substitute with the same taste and texture as the real thing. The company aims to see its products enthusiastically adopted by non-vegans. New School treated several journalists to a tasting dinner in late June. This article details what the experience was like and how New School creates the plant-based substitute along with some photos.

💡What else are we reading and seeing?

  • How Modernity Made Us Allergic

  • YC's essential startup advice

  • Ask vs guess culture

  • Why You (Probably) Don’t Need to Fine-tune an LLM

  • Meta threatens to fire workers for return-to-office infractions in leaked memo

  • Even AI Hasn’t Helped Microsoft’s Bing Chip Away at Google’s Search Dominance

  • Many family offices plagued by group-think investing

  • AI threatens hourly revenue model

  • China’s 40-year boom is over

  • The most misunderstood concept in psychology

  • How AI helps video marketers move at the speed of culture

  • What The Freemium!?

😎Fun Fact

The world's smallest reptile, the Brookesia micra chameleon, can comfortably sit on a human fingertip

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