Monthly Archives: October 2020

News: GMC reveals the Hummer EV: 1,000 HP, 350 mile range, and 0-60 in “around 3 seconds”

General Motors today revealed the GMC Hummer EV, its first electric pickup. The vehicle has a 350 range, 1,000 HP, and up to 11,500 pound feet of torque (through fuzzy math). And with a starting price of $80,000, it’s easily twice the cost of a gas-powered pickup. Yes, it sort of looks like the Tesla

General Motors today revealed the GMC Hummer EV, its first electric pickup. The vehicle has a 350 range, 1,000 HP, and up to 11,500 pound feet of torque (through fuzzy math). And with a starting price of $80,000, it’s easily twice the cost of a gas-powered pickup. Yes, it sort of looks like the Tesla Cybertruck.

Several key stats stick above the rest. Three motors within two Ultium drive units power the vehicle and it appears to have the longest battery of any GM vehicle with an electric powertrain. GM says the Hummer EV can hit 60 mph in around three seconds. It also has all-wheel steering, which allows it drive diagonally in a mode called Crabwalk. There are removable roof panels, 35-inch tires, and an air suspension system that can raise the vehicle 6-inches.

Some details are still missing including the capacity of the battery, and towing capacity. For truck buyers, numbers around power and torque are secondary to what they mean in the real world. How much can the vehicle tow? How far can it go? How far can it go when pulling a trailer?

GM has plenty of time to answer those questions and more. The Hummer EV is not coming soon. GMC said the vehicle will be available for pre-ordering in 2021 and vehicles will be available for delivery in 2022.

The electric Hummer starts at $80,000. That gets buyers the Hummer EV2, a two-drive version that lacks key advertised features. For $100,000 buyers can get the Hummer EV3x which includes three motors and torque vectoring streering. For $90,000, and a release date of Spring 2023, buyers can get the EV2x which includes air ride and 4 wheel steer

The Hummer EV

The Hummer brand long stood for exessively large vehicles and this new incarnation is no different. It’s massive. While GM hasn’t revealed the full dimensions, it comes stock with 35-inch tires and is capable of 37-inch tires. That’s big.

GM built impressive technology into the Hummer EV. The Hummer EV comes with GM’s self-driving technology, Super Cruise, that allows the truck to drive partly autonomously. The battery pack is capable of connecting to an 800 volt charging system that will give the vehicle 100 miles in 10 minutes of charging. Buyers can order the Hummer EV with up to 18 cameras, including cameras that sit under the vehicle to help with ground clearance.

It seems GMC is positioning the Hummer EV as a quasi off-roader that’s part pickup and part SUV.

Inside a large display of unknown size dominates the dashboard. The driver’s gauge cluster is digital as well. Epic’s Unreal Engine powers both screens, which features class-leading animations. This technology is a huge leap forward over GM’s current infotainment system. The vehicle still has plenty of buttons, though, as functions such as climate control are separate from the screen.

The General’s Electric Era

The Hummer EV is a big step for General Motors and signals a market shift. GM started its EV push in the ’90s with the EV1, which was revived in spirit with the Volt in 2010. GM released the small Chevy Bolt in 2017. None of these cars sold in large numbers, frankly, because they were uninspiring and, and well, cars. General Motors and others like Ford largely stopped developing cars as the market shifted to SUVs and pickups. GM is moving past the small commuter car with the Hummer EV in favor of a large pickup — a market segment GM knows well.

The Chevy Silverado joins the Ford F-150 and Ram Pickup as the top three selling vehicles in the United States. The three pickups outsold the next six vehicles combined. Trucks are a major market for American automakers, and the Hummer EV is clearly designed to test the water. With a unibody construction, it’s easy to imagine General Motors releasing an SUV version of the Hummer EV too. This would follow GM’s recent roadmap of moving away from cars and into SUVs and crossovers.

The Hummer EV’s unusual shape speaks to engineering limitations and partly explains why the GMC Hummer EV is not branded as a Chevy Silverado or GMC Serra. Much like the Tesla Cybertruck, the Hummer EV is likely based on a unibody construction similar to a passenger car. At this time, or rather when development began on the Hummer EV, it’s likely GM could not produce a unibody pickup with the same key specifications around towing, cargo capacity, and range of its Silverado pickups. An electric Silverado (or Ford F-150) must match its internal combustion counterpart on key areas — something the Hummer EV fails to do.

An electric Silverado is in the works. GM’s Mary Barra revealed the obvious during an interview in 2019. The automaker has only released one detail about the upcoming pickup: According to a financial document from July 2020, the electric pickup will have a 400 mile range.

General Motors has another electric pickup in the works through a significant investment with Nikola. On September 8, General Motors announced a $2 million investment in Michigan-based Nikola Motors. With the investment, General Motors gained access to Nikola’s EV development while also agreeing to manufacture Nikola’s Badger pickup. However, the deal is in question after fraud claims caused the company’s chairman to step down.

GM discontinued the Hummer brand during the auto crisis of 2008. It’s largely remembered for the monstrous H1 and H2 SUVs, the first being a civilian version of the military’s Humvee and the second being an over-the-top SUV. Towards the end of Hummer’s life, the company offered a pickup version of its smaller H3 model.

GMC Hummer EV vs. Tesla Cybertruck

Comparisons between the Hummer EV and Tesla Cybertrucks are inevitable. Much of the Cybertruck is still speculation and GM failed to reveal key details about the Hummer EV. Tesla unveiled the so-called super-truck eleven months ago and has been rather quiet since about the vehicle. In May, Elon Musk tweeted that the production version of the Cybertruck will likely be about the same size as the prototype.

At the time of the Cybertruck’s reveal, Tesla said it would be available starting at $39,000 for a single motor version capable of pulling 7,500 pounds and driving 250 miles on a charge. An AWD dual-motor and tri-motor version would also be available for $49,000 and $69,000, respectively. It’s unclear if those price points or specs will be true with Tesla releases the Cybertruck.

The Tesla Cybertruck and GMC Hummer EV share a lot in common, including a unibody construction that gives the vehicles their unusual look. Both the Hummer EV and Cybertruck feature unique C pillars that act as a flying buttress. These pillars add significant strength to the vehicle and compensate for the unibody design.

Generally, pickup trucks are built as two pieces: the body is placed on a frame. This is done for several reasons, but most notable here is because a frame can handle the significant twist caused by the drivetrain running from the front axle to the back. And in an EV, truck or car, there isn’t a drivetrain connecting the front and rear axels. This allows the automakers to employ a lighter unibody construction, which is often safer for the occupants. However, these bodies need to be as stiff as possible to help with towing and hauling. Honda leaned into this design with the unibody Ridgeline pickup.

Truck Buyers Have Different Expectations

The Hummer EV is a significant step for General Motors as it pushes into the electric future. Some buyers are not ready for electric vehicles, and truck buyers could be among the hardest demographic to convince.

Following the reveal of the Tesla Cybertruck in 2019, the company hooked a prototype up to the tow bar of a newer Ford F-150. The test was widely panned, as many pointed out the flaws that resulted in a Cybertruck win. Tesla was trying to demonstrate that its truck, though electric, can still do truck stuff. GMC will likely employ similar feats of strength, including commercials where gruff men proving a voiceover while the Hummer EV is towing a boat.

Truck buyers expect several things. One, the truck has to have a strong stance, which the Hummer EV has in bundles. Two, most truck buyers look at towing capacity even if they never tow anything. Towing capacity in trucks is much like horsepower in sports cars — more the better even if it’s not used. And towing capacity is only partially dictated by the powertrain’s power output. The rest comes from the design of the platform and how it can handle pulling weight. It’s unclear at this point if the Hummer EV, even with its crazy 1,000 HP, will be able to out tow a Silverado or F-150.

The Hummer falls short in several categories critical to pickup buyers: range and hauling capacity.

Pickups come with large gas tanks giving them amazing range. For instance, my 2016 Ford F-150 has a 32-gallon tank. If driven carefully, the truck can get 700 miles on one tank. When towing a trailer, the range is cut in half but exceeds 300 miles on a tank. GMC says the Hummer has a 350 range but has yet to say the range when towing a 7,000 travel trailer.

The electric pickup wars

With a release date of 2022, the Hummer EV is far from a sure bet. GM has plenty of time to rework the machine, adding or decreasing the range as technology improves before its release.

GM has competition too. The electric pickup race is just starting and Ford has the most to lose.

The Ford F-150 is the top selling vehicle in the American market, and has been for generations. The truck is the foundation of Ford’s success. In 2019 the company released a video demonstration of an early prototype electric powertrain that was able to pull (note: not tow) 1 million pounds. To help its efforts Ford invested hundreds of millions into Michigan-based Rivian, maker of an electric pickup platform. Recent reports place the viability of that partnership in question, but Ford is likely working at full tilt towards its electric pickups.

Automotive startups are also looking at building electric pickups. Rivian intends to build and sell its own pickup and SUV. Lordstown Motors, an outfit out of Lordstown, Ohio, revealed its pickup design in June and said it would retail for $52,000. And there’s more: Bollinger Motors, Workhorse, and Nikola.

Electric pickups are ripe for an electric takeover and GM just threw down a Hummer-sized hammer.

News: After historic OSIRIS-REx asteroid sample collection, Lockheed Martin VP Lisa Callahan will join us at TC Sessions: Space

This December 16 and 17, we’re hosting our very first TC Sessions: Space event. It’ll be a virtual, live-streamed two-day show, including conversations with some of the best and brightest in the space industry. We’re thrilled to be hosting Lisa Callahan, Vice President and General Manager of Commercial Civil Space at Lockheed Martin, at the

This December 16 and 17, we’re hosting our very first TC Sessions: Space event. It’ll be a virtual, live-streamed two-day show, including conversations with some of the best and brightest in the space industry. We’re thrilled to be hosting Lisa Callahan, Vice President and General Manager of Commercial Civil Space at Lockheed Martin, at the event, and she’ll join us to discuss her company’s history-making work in robotic space exploration – including the asteroid mining sample collection at asteroid Bennu that happened today – as well as the future of human space exploration.

Callahan’s work at Lockheed covers all the work they do to support NASA and other civil exploration efforts of space, including both robotic and human transportation and science investigations. That includes OSIRIS-REx, the asteroid study and sample return mission that earlier today made a historic descent to the surface of rocky solar system visitor Bennu, an asteroid that’s over 200 thousand miles from Earth.

OSIRIS-REx already made plenty of history, including becoming the closest orbit to an asteroid ever conducted by a spacecraft. But today it topped all of that with a ‘tap-and-go’ descent to the rocky surface, scooping samples that it will now attempt to return to Earth for direct study by scientists. That’s exactly the kind of ambitious extra-planetary robotic research that Callahan and her division at Lockheed have made possible with their work in advanced spacecraft and robotics design.

Callahan is also directly involved in NASA’s plans to return humans to the surface of the Moon – including sending a woman on a lunar landing mission for the first time ever. Lockheed Martin is the manufacturing partner for NASA’s Orion lander, which will transport the first American woman and the next American man to the Moon for their historic mission in 2024.

We’ll talk about what these achievements mean for the space industry, and the future of space exploration – and human spaceflight – in December with Callahan.

You can get Early-Bird tickets right now, and save $150 before prices go up on November 13 — and you can even get a fifth person free if you bring a group of four from your company. Special discounts for current members of the government/military/nonprofit and student tickets are also available directly on the website. And if you are an early-stage space startup looking to get exposure to decision makers, you can even exhibit for the day for just $2,000.

Is your company interested in partnering at TC Sessions: Space 2020? Click here to talk with us about available opportunities.

News: Netflix to test free weekend-long access in India

Netflix plans to give users in India access to its service at no charge for a weekend as part of a test to expand its reach in the country, a top company executive said Tuesday. The American streaming giant, which today reported a slow users growth for the quarter that ended in September, recently stopped

Netflix plans to give users in India access to its service at no charge for a weekend as part of a test to expand its reach in the country, a top company executive said Tuesday.

The American streaming giant, which today reported a slow users growth for the quarter that ended in September, recently stopped offering a first-month complimentary access to new users in the U.S. But the company plans to keep experimenting with new ways to lure potential in many parts of the world, said Greg Peters, COO and Chief Product Officer at Netflix on the company’s earnings call.

One of those new ways is giving away access to Netflix at no charge to customers for a weekend in different markets, he said. The company has picked India as the first market where it will test this idea and “will see how that goes,” from there, he said.

“We think that giving away everyone in a country access to Netflix for free for a weekend could be a great way to expose a bunch of new people to the amazing stories that we have, the service and how it works … and hopefully get a bunch of those folks to sign up,” he said.

This won’t be the first time Netflix uses India as a test bed to explore new ideas. The company first flirted with the idea of a $2.7 mobile-only monthly plan in New Delhi before introducing it as a permanent tier in the country last year and then nearly a dozen markets. It has since tested even more pricing plans in the country.

India emerged as the largest open battleground for Silicon Valley and Chinese firms searching for their next billion users in the past decade. Disney, Amazon, Google, Apple, Spotify and several other firms offer a range of their services at a much affordable price range in India, the world’s second largest internet market.

The company, which earmarked $420 million to develop and license content in India by end of 2020 last year, is also deepening its collaboration with other industry players in the country.

It recently partnered with Reliance Jio Platforms, India’s largest telecom operator, to bundle its app on the Indian firm’s fiber broadband and mobile data plans. The company has also partnered with several financial institutions in India to make payment processing easier for users in the country, it said. “We expect [more payment options] will have retention benefits. All of these initiatives are important and work in concert with our big investment in local originals to improve the Netflix experience for our members,” the company said in a letter to shareholders (PDF). 

News: Daily Crunch: DOJ files antitrust suit against Google

Google faces a big antitrust suit, Amazon offers to pay customers for shopping data and we review the iPhone 12. This is your Daily Crunch for October 20, 2020. The big story: DOJ files antitrust suit against Google The suit accuses Google of “unlawfully maintaining monopolies in the markets for general search services, search advertising,

Google faces a big antitrust suit, Amazon offers to pay customers for shopping data and we review the iPhone 12. This is your Daily Crunch for October 20, 2020.

The big story: DOJ files antitrust suit against Google

The suit accuses Google of “unlawfully maintaining monopolies in the markets for general search services, search advertising, and general search text advertising in the United States.” It’s co-signed by 11 states, all with Republican attorneys general — Texas, Arkansas, Florida, Georgia, Indiana, Kentucky, Louisiana, Michigan, Missouri, Montana and South Carolina.

Google called the U.S. Department of Justice’s case “deeply flawed” and offered a platform-by-platform argument that it doesn’t actually have unfair market dominance. For example, it attributed its popularity in search to a superior product, rather than anti-competitive practices.

Meanwhile, Wall Street investors don’t seem to be particularly alarmed by the suit.

The tech giants

Amazon launches a program to pay consumers for their data on non-Amazon purchases — The Amazon Shopper Panel program asks users to send in 10 receipts per month for any purchases made at non-Amazon retailers.

Snap shares explode after blowing past earnings expectations — The company delivered $679 million in reported revenue, smashing past Wall Street expectations.

Review: iPhone 12 and iPhone 12 Pro, two gems, one jewel — Both of these phones offer solid value, but two challengers wait in the wings.

Startups, funding and venture capital

Perch raises $123.5M to grow its stable of D2C brands that sell on Amazon — Perch acquires D2C businesses and products that are already selling on Amazon, then continues to operate and grow them.

Gowalla is being resurrected as an augmented reality social app — The startup was an ambitious consumer social app that excited Silicon Valley investors but ultimately floundered in its quest to take on Foursquare.

Synthetaic raises $3.5M to train AI with synthetic data — It’s already working with Save the Elephants to track animal populations, as well as with the University of Michigan to classify brain tumors.

Advice and analysis from Extra Crunch

Seven investors discuss augmented reality and VR startup opportunities in 2020 — “It’s still early, but it’s no longer too early.”

As startups accelerate in record Q3, Europe and Asia rack up huge VC results — Investment outside North America just had its best quarter in years.

Now may be the best time to become a full-stack developer — Talos Digital’s Sergio Granada has thoughts about this buzzy job title.

(Reminder: Extra Crunch is our subscription membership program, which aims to democratize information about startups. You can sign up here.)

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 3pm Pacific, you can subscribe here.

News: Apple HomePod update brings Intercom and other new features

Apple HomePod owners, starting today, will be able to use the newly announced “Intercom” feature to send messages between their HomePod smart speakers. The feature, which arrives via a software update, brings this and several other new features to Apple’s smart speakers, including those introduced at Apple’s event last week where the company debuted its

Apple HomePod owners, starting today, will be able to use the newly announced “Intercom” feature to send messages between their HomePod smart speakers. The feature, which arrives via a software update, brings this and several other new features to Apple’s smart speakers, including those introduced at Apple’s event last week where the company debuted its $99 HomePod mini.

Of these, Intercom is the most notable update, as it helps the HomePod catch up to rival smart speakers, like those from Apple and Google, which have offered similar broadcast messaging systems for years.

But in Apple’s case, Intercom doesn’t just send a user’s voice message — like “dinner’s ready!” or “time to go!” — across the family’s HomePod speakers. It’s also meant to work across Apple’s device ecosystem, by adding support for iPhone, iPad, Apple Watch, and even AirPods and CarPlay.

This could be a competitive advantage for HomePod, particularly because Amazon — which leads the U.S. market with its affordable Echo devices — no longer has its own smartphone business.

However, Apple says Intercom’s expanded support for other devices isn’t being rolled out today. Instead, it will arrive through further software updates later this year.

To use Intercom, HomePod owners with multiple devices can say things like:

“Hey Siri, Intercom, Has anyone seen my glasses?”

“Hey Siri, tell everyone, Dinner is ready.”

“Hey Siri, Intercom to the kitchen, Has the game started?”

And to reply, users can say something like “Hey Siri, reply, Yes.”

In addition to the new support for Intercom, the software update also introduces deeper integration with Apple Maps and iPhone, the ability to set and stop timers and alarms from any HomePod, the ability to continue listening to a podcast with multiuser support, and more.

The deeper integration means HomePod owners can now ask Siri for information about traffic conditions, as well as nearby restaurants and businesses. A Siri suggestion will then automatically appears in Maps on your iPhone so the route is available as soon as you get in the car.

HomePod owners can also now ask Siri to search the web, which then sends results to the iPhone.

Two other new features will arrive later this year, including the ability to connect one HomePod (or more) to Apple TV 4K for stereo, 5.1 and 7.1 surround, and Dolby Atmos for movies, TV, games and more.

The other upcoming feature, called Personal Update, will soon let you ask Siri “what’s my update” or “play my update,” to get all the info you need to start your day, including news, weather, calendar events, and any reminders.

News: Now may be the best time to become a full-stack developer

You may not have full knowledge, skills and understanding of everything immediately but you’ll position yourself at the forefront of the world’s software development needs right off the bat.

Sergio Granada
Contributor

Sergio Granada is the CTO of Talos Digital, a global team of professional software developers that partners with agencies and businesses in multiple industries providing software development and consulting services for their tech needs.

In the world of software development, one term you’re sure to hear a lot of is full-stack development. Job recruiters are constantly posting open positions for full-stack developers and the industry is abuzz with this in-demand title.

But what does full-stack actually mean?

Simply put, it’s the development on the client-side (front end) and the server-side (back end) of software. Full-stack developers are jacks of all trades as they work with the design aspect of software the client interacts with as well as the coding and structuring of the server end.

In a time when technological requirements are rapidly evolving and companies may not be able to afford a full team of developers, software developers that know both the front end and back end are essential.

In response to the coronavirus pandemic, the ability to do full-stack development can make engineers extremely marketable as companies across all industries migrate their businesses to a virtual world. Those who can quickly develop and deliver software projects thanks to full-stack methods have the best shot to be at the top of a company’s or client’s wish list.

Becoming a full-stack developer

So how can you become a full-stack engineer and what are the expectations? In most working environments, you won’t be expected to have absolute expertise on every single platform or language. However, it will be presumed that you know enough to understand and can solve problems on both ends of software development.

Most commonly, full-stack developers are familiar with HTML, CSS, JavaScript, and back-end languages like Ruby, PHP, or Python. This matches up with the expectations of new hires as well, as you’ll notice a lot of openings for full-stack developer jobs require specialization in more than one back-end program.

Full-stack is becoming the default way to develop, so much so that some in the software engineering community argue whether or not the term is redundant. As the lines between the front end and back end blur with evolving tech, developers are now being expected to work more frequently on all aspects of the software. However, developers will likely have one specialty where they excel while being good in other areas and a novice at some things….and that’s OK.

Getting into full-stack though means you should concentrate on finding your niche within the particular front-end and back-end programs you want to work with. One practical and common approach is to learn JavaScript since it covers both front and back end capabilities. You’ll also want to get comfortable with databases, version control, and security. In addition, it’s smart to prioritize design since you’ll be working on the client-facing side of things.

Since full-stack developers can communicate with each side of a development team, they’re invaluable to saving time and avoiding confusion on a project.

One common argument against full stack is that, in theory, developers who can do everything may not do one thing at an expert level. But there’s no hard or fast rule saying you can’t be a master at coding and also learn front-end techniques or vice versa.

Choosing between full-stack and DevOps

One hold up you may have before diving into full-stack is you’re also mulling over the option to become a DevOps engineer. There are certainly similarities among both professions, including good salaries and the ultimate goal of producing software as quickly as possible without errors.  As with full-stack developers, DevOps engineers are also becoming more in demand because of the flexibility they offer a company.

News: Cloud Foundry coalesces around Kubernetes

In a normal year, the Cloud Foundry project would be hosting its annual European Summit in Dublin this week. But this is 2020, so it’s a virtual event. This year, however, has been a bit of a transformative year for the open-source Platform-as-a-Service project — in more ways than one. With Cloud Foundry executive director

In a normal year, the Cloud Foundry project would be hosting its annual European Summit in Dublin this week. But this is 2020, so it’s a virtual event. This year, however, has been a bit of a transformative year for the open-source Platform-as-a-Service project — in more ways than one. With Cloud Foundry executive director Abby Kearns leaving earlier this year, the organizations’ former CTO Chip Childers stepped into the role. Maybe just as importantly, though, the project’s move to Kubernetes as its container orchestration tool of choice — and a renewed focus on the Cloud Foundry developer experience — is now starting to bear fruit.

“In April, I took over the job. I said: ‘Listen, our community has a new North Star. It’s to go take the Cloud Foundry developer experience and get that thing re-platformed onto Kubernetes . No more delay, no more diversity of thought here. It’s time to make the move,’ ” Childers said (with a chuckle). “And here we are. It’s October, we have our ecosystem aligned, we have major project releases that are fulfilling that vision. And we’ve got a community that’s very energized around it continuing the work of progressing this integration with a bunch of cloud-native projects.”

Developers who use Cloud Foundry, Childers argued, love it, but the project now has an opportunity to show a wider range of potential use that it can offer a smoother developer experience on top of virtually any Kubernetes cluster.

One of the projects that is working on making this happen — and which hit its 1.0 release today, is cf-for-k8s. Traditionally, getting up and running with Cloud Foundry was a heavy lift — and something that most companies left to third-party vendors to handle. This new project, which launched in April, allows developers to spin up a relatively light-weight Cloud Foundry distribution on top of a Kubernetes cluster — using projects like Istio and Fluentd, in addition to Kubernetes — and to do so within minutes.

“It comes along with the whole process of reimagining our architecture to pull in other projects a lot more aggressively and allows us to get to feature parity [with the classic VM-focused Cloud Foundry experience] using a lot more complementary open-source projects,” Childers said about the larger role of this project in the overall ecosystem. “That lets our community focus less on building the underlying plumbing and [spend] more time thinking about how to speed up innovation and the developer experience.”

This wouldn’t be open source if there wasn’t another project that does something quite similar — at least at first glance. That’s KubeCF, which hit its 2.5 launch today. This is an open-source distribution of the Cloud Foundry Application Runtime that, as Childers explained, is meant for production use and that was originally meant to provide existing users a bridge onto the Kubernetes bandwagon. Over time, these two projects will likely merge. “Everyone’s collaborating on what this shared vision looks like. They’re just, they’re just two different distributions that handle the different use cases today,” Childers explained.

After six months in his new position, Childers noted that he’s seeing a lot of energy in the community right now. The job is hard, he said, when there’s unhealthy disagreement, but right now, what he’s seeing is “a beautiful harmony of agreement.”

News: Synthetaic raises $3.5M to train AI with synthetic data

Synthetaic is a startup workign to create data — specifically images — that can be used to train artificial intelligence. Founder and CEO Corey Jaskolski’s past experience includes work with both National Geographic (where he was recently named Explorer of the Year) and a 3D media startup. In fact, he told me that his time

Synthetaic is a startup workign to create data — specifically images — that can be used to train artificial intelligence.

Founder and CEO Corey Jaskolski’s past experience includes work with both National Geographic (where he was recently named Explorer of the Year) and a 3D media startup. In fact, he told me that his time with National Geographic made him aware of the need for more data sets in conservation.

Sound like an odd match? Well, Jaskolski said that he was working on a project that could automatically identify poachers and endangered animals from camera footage, and one of the major obstacles was the fact that there simply aren’t enough existing images of either poachers (who don’t generally appreciate being photographed) or certain endangered animals in the wild to train AI to detect them.

He added that other companies are trying to create synthetic AI training data through 3D worldbuilding (in other words, “building a replica of the world that you want to have an AI learn in”), but in many cases, this approach is prohibitively expensive.

In contrast, the Synthetaic (pronounced “synthetic”) approach combines the work of 3D artists and modelers with technology based on generative adversarial networks, making it far more affordable and scalable, according to Jaskolski.

Synthetaic elephants

Image Credits: Synthetaic

To illustrate the “interplay” between the two halves of Synthetaic’s model, he returned to the example of identifying poachers — the startup’s 3D team could create photorealistic models of an AK 47 (and other weapons), then use adversarial networks to generate hundreds of thousands of images or more showing that model against different backgrounds.

The startup also validates its results after an AI has been trained on Synthetaic’s synthesized images, by testing that AI on real data.

For Synthetaic’s initial projects, Jaskolski said he wanted to partner with organizations doing work that makes the world a better place, including Save the Elephants (which is using the technology to track animal populations) and the University of Michigan (which is developing an AI that can identify different types of brain tumors).

Jaskolski added that Synthetaic customers don’t need any AI expertise of their own, because the company provides an “end-to-end” solution.

The startup announced today that it has raised $3.5 million in seed funding led by Lupa Systems, with participation from Betaworks Ventures and TitletownTech (a partnership between Microsoft and the Green Bay Packers). The startup, which has now raised a total of $4.5 million, is also part of Lupa and Betaworks’ Betalab program of startups doing work that could help “fix the internet.”

News: Snap shares explode after blowing past earnings expectations

Snap shares were up nearly 20% in after-hours trading after the company showcased a massive earnings beat, besting analyst expectations on both revenue and earnings per share for Q3. The company was already hovering above an all-time-high, with Tuesday’s beat poised to send the share price from just above $28 to just short of $34

Snap shares were up nearly 20% in after-hours trading after the company showcased a massive earnings beat, besting analyst expectations on both revenue and earnings per share for Q3. The company was already hovering above an all-time-high, with Tuesday’s beat poised to send the share price from just above $28 to just short of $34 per share.

The company posted a $0.01 revenue bet, best expectations of a $0.04 loss, but the real headline was that they delivered $679 million in reported revenue, smashing past Wall Street expectations that pinned their performance for the quarter around $555 million.

The revenue numbers represented 52% year-over-year growth, showcasing a huge comeback for the company which has faced some difficult quarters as a public company since making their debut.

User growth was up 4% to 249 million daily active users from the 238 million they reported at the end of last quarter, marking an 18% year-over-year increase. The company still posted a net loss of $200 million, but that’s a 12% improvement from last year’s numbers.

News: Here’s why Netflix shares are off after reporting earnings

Shares of consumer video service Netflix are down sharply after the bell today, following the company’s Q3 earnings report. Why is Netflix suddenly worth about 5% less than before? A mixed earnings report, a disappointing new paying customer number, and slightly slack guidance appear to be the answer. The numbers Heading into the third quarter,

Shares of consumer video service Netflix are down sharply after the bell today, following the company’s Q3 earnings report.

Why is Netflix suddenly worth about 5% less than before? A mixed earnings report, a disappointing new paying customer number, and slightly slack guidance appear to be the answer.

The numbers

Heading into the third quarter, Netflix told investors that they should expect it to generate revenues of $6.33 billion, operating income of $1.25 billion, and net income of around $954 million, worth about $2.09 in earnings per share.

Today, Netflix reported $6.44 billion in revenue, operating income of $1.32 billion, along with $1.74 in per-share profit off of net income of $790 million.

Netflix bested its revenue goals, but fell short on profitability.

The company also managed to best analyst revenue expectations of $6.38 billion, while missing out on analyst per-share profit expectations of $2.13.

Adding to the pain, Netflix also missed expectations on new customer adds. In its Q2 earnings, Netflix said that it “forecast[ed] 2.5m paid net adds for Q3’20 vs. 6.8m in the prior year quarter,” because its “strong first half performance likely pulled forward some demand from the second half of the year.”

Today Netflix reported just 2.2 million customer adds, missing its own targets and sharply missing analyst expectations of around 3.3 million for the period (some analyst counts had an even higher guess).

Looking ahead, Netflix says that in Q4 it expects revenues of $6.57 billion, operating income of $885 million, $615 million in net income, earnings per share of $1.35, and 6.0 million new paid customers in the period. The street had been looking for $6.58 billion in top line, and just $0.94 in per-share profit, so it’s hard to parse which part of the forecast is driving more investor sentiment.

Regardless, today’s earnings report will not move Netflix’s share price too far from its recent, all-time highs. The company may take a ding from its profit miss, but nothing material.

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