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Here’s How to Boost up Businesses in Times of Evolving Tech

The lab will develop science-backed hiring apps and tools that can measure diverse traits and abilities

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Team, Scrum Methodology
The performance-conducive transparency and actual visibility of the team ensure great team performances. Pixabay

Focusing on the science behind what makes some start-ups thrive and others fail, Australian researchers have unveiled a new lab that will use cutting edge neuroscience to advise how businesses can thrive in a world of constant technological change.

The “Future Minds Lab”, launched at the University of New South Wales (UNSW) Sydney this week, will include a team of 20 scientists, designers and psychologists to study the fundamental brain science and psychology behind innovation.

The team will work with industry partners to produce products and services to improve the way institutions and businesses approach different forms of innovation.

“Using fundamental research and development, our team is creating products and programmes to ensure workplaces and businesses are more resilient and better equipped to adapt to constant technological change,” Joel Pearson, Professor at the varsity, said in a statement.

“By using cutting edge neuroscience, we can discover what makes successful founders, teams and companies,” Pearson explained.

Business
Think about what you want to get from your employees. Pixabay

The lab, a 300-square metre custom built centre with virtual reality rooms, testing stations, brain stimulation devices, neuroimaging tech and research offices, will be used to develop products such as customised cognitive tests for start-ups and psychological interventions and online education programmes.

“Using technology such as gamified objective tests and mobile brain measurement, we will be able to develop tests that measure traits and abilities like creativity, resilience…” the Professor said.

Also Read- Tech Giant Apple Hits Back at Spotify For Antitrust Complaint: Report

The lab will develop science-backed hiring apps and tools that can measure diverse traits and abilities. These tools will leverage the latest Machine Learning (ML) algorithms to assess job candidates’ fit for specific roles and organisations.

“Workshops will be delivered to start-up founders that aim to increase their resilience and stress management techniques, decrease burnout, and help founders enhance their mental fitness,” Pearson noted. (IANS)

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Intel and Cray Collaborate With U.S. Government, Aims for Nation’s Fastest Computer

The world's current most powerful machine, the Summit supercomputer at Oak Ridge National Laboratory in Tennessee, contains chips from International Business Machines Corp. and Nvidia.

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Intel
This Jan. 1, 2018, file photo shows an Intel logo on the box containing an HP desktop computer on sale at a Costco in Pittsburgh. VOA

A U.S. government-led group is working with chipmaker Intel and Cray to develop and build the nation’s fastest computer by 2021 for conducting nuclear weapons and other research, officials said Monday.

The Department of Energy and the Argonne National Laboratory near Chicago said they were working on a supercomputer dubbed Aurora with Intel, the world’s biggest supplier of data center chips, and Cray, which specializes in the ultra-fast machines.

The $500 million contract for the project calls on the companies to deliver a computer with so-called exaflop performance — that is, being able to perform 1 quintillion (1,000,000,000,000,000,000) calculations per second.

Computer
It also heightens the stakes in a race in which the United States, China, the European Union and Japan have all announced plans to build exaflop-capable supercomputers. VOA

If the project succeeds, Aurora would represent nearly an order of magnitude leap over existing machines that feature so-called petaflop performance, capable of doing 1 quadrillion (1,000,000,000,000,000) calculations a second.

It also heightens the stakes in a race in which the United States, China, the European Union and Japan have all announced plans to build exaflop-capable supercomputers.

One of Aurora’s primary functions would be simulating nuclear blasts, a pillar of weapons development since the ban of live detonation testings.

Aurora will be built with artificial intelligence capabilities for projects such as developing better battery materials and helping the Department of Veterans Affairs prevent suicides, Rick Stevens, an associate lab director with Argonne overseeing the exascale computing project, said during a news
briefing.

The project is a win for Intel, which will supply its Xeon CPU chips and Optane memory chips for Aurora.

FILE - The Nvidia booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, June 13, 2017.
The Nvidia booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, June 13, 2017. VOA

Intel has been fending off rival U.S. chipmaker Nvidia Corp.’s rise in the chip content of supercomputers as the machines take on more artificial intelligence work. Nvidia’s chips are found in five of the world’s current top 10 supercomputers, though the Nvidia chips are found alongside chips from its rivals, according to TOP500, which ranks the machines.

The world’s current most powerful machine, the Summit supercomputer at Oak Ridge National Laboratory in Tennessee, contains chips from International Business Machines Corp. and Nvidia.

The source of chips for supercomputers has become a factor in trade tensions between the United States and China. The world’s third-fastest supercomputer — the Sunway TaihuLight in China — has chips developed domestically in China.

Also Read: U.S. Tariffs on China Could Remain Same, Even After Reaching The Trade Deal

Chirag Dekate, an analyst with Gartner who studies the supercomputing market, said that despite the small contract size relative to Intel’s overall revenue, the work done on Aurora will eventually filter down to the company’s commercial customers.

“It’s not just a jingoistic race between the U.S. and China,” Dekate said. “The innovations that Intel is developing here will percolate down to other parts of its business.” (VOA)