HSBC first cut models World in 2050

HSBC had a 42 page report that had their view of the world in 2050 The report identifies the Top 100 economies by size. The ranking is based on an economy’s current level of development and the factors that will determine whether it has the potential to catch up with more developed nations. These fundamentals …

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The first digital animal will be open source nematode worm funded by kickstarter

OpenWorm is an open source project dedicated to creating a virtual C. elegans nematode in a computer. The bot’s artificial brain has the same number of cells as a real nematode brain, and they are connected up in exactly the same way. But instead of a fluid tubular body animated by 95 muscles, WormBot has …

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Update on China’s nuclear reactor construction in Fuqing and Jiangsu provinces

1. Unit 1 of the Fuqing nuclear power plant in China’s Fujian province has reached full capacity for the first time. Meanwhile, first concrete could soon be poured at the plant’s fifth unit, the first-of-a-kind Hualong One reactor. The Fuqing plant will eventually house six Chinese-designed pressurized water reactors. The first four units of the …

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Progress to next generation photonic chips

Researchers from the University of Southampton have developed a new technique to help produce more reliable and robust next generation photonic chips. Photonic chips made from silicon will play a major role in future optical networks for worldwide data traffic. The high refractive index of silicon makes optical structures the size of a fraction of …

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Nvidia has Tesla K80 accelerator with 2.9 TeraFLOP double precision performance

NVIDIA introduced their high-performance Tesla K80 accelerator featuring two Kepler GK210 GPU cores. The Tesla K80 (Previously codenamed Atlas) was teased three months ago where it was denoted by the GK210-DUO name and today, they can finally confirm the specifications of NVIDIA’s latest Telsa accelerator with a double precision compute performance of 2.9 TFlops. Nvidia …

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China Could have massive investment in the outside world or create a large social safety net

China’s President Xi outlined at the Asia-Pacific Economic Cooperation forum how much the world stands to gain from a rising China. He said outbound investment will total $1.25 trillion over the next 10 years, 500 million Chinese tourists will go abroad, and the government will spend $40 billion to revive the ancient Silk Road trade …

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Building every possible energy alternative and China will still use coal for over 50% of its energy in 2030

Under the most aggressive assumptions China will still be using coal for over 50% of its power needs in 2030 At the same time as China renewables grow, the absolute amount of China coal fired generation will continue to skyrocket. According to Bloomberg, 343-450 Gigawatts of new coal generation will be built in China over …

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Robotics Industry is far smaller than Global Outsourcing

Information technology industry body Nasscom said the global business process management (BPM) spend will grow at six-seven per cent annually till 2020 resulting in significant opportunities for the sector. Global BPM spend, which stands at $130 billion across different sectors in 2013, are likely to grow to $233 billion by 2020, it said. The global …

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‘Direct writing’ of diamond patterns from graphite a potential technological leap

A new technique uses a pulsing laser to create synthetic nanodiamond films and patterns from graphite, with potential applications from biosensors to computer chips. “The biggest advantage is that you can selectively deposit nanodiamond on rigid surfaces without the high temperatures and pressures normally needed to produce synthetic diamond,” said Gary Cheng, an associate professor …

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Lightbridge will test their metallic nuclear fuel in Canada

Lightbridge on Monday announced a pact with Atomic Energy of Canada Ltd. to carry out a key test for the McLean-based company’s nuclear fuel technology. The initial agreement with Atomic Energy of Canada (AECL) entails fabricating samples of the fuel and irradiating them in a research reactor. The work represents “the most critical phase of …

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