Former Google CEO Eric Schmidt and his wife, Wendy, have donated $150 mn to Massachusetts-based Broad Institute of MIT and Harvard to establish a “new era of biology” to curse diseases using a mix of data and life science studies. The donation will be used to build a new centre to bring together academia and industry to merge tech and biology for a healthier world. The institute also received an additional $150 mn contribution from the Broad Foundation.
Researchers at MIT have theoretically described a new artificial brain synapse, called Memristors which is capable of handling complex AI computing without any network connection. It is small, power-efficient, can remember and recall images in very high detail. Made by silicon, alloyed silver and copper, these can be combined in thousands on a chip. With minimal resource usage, Memristors, in future can make mobile phones work like today’s supercomputers.