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CIOs look beyond ‘Big 3’ cloud providers for AI innovation

CIO Business Intelligence

Having previously run its AI workloads on premises, the clinical-stage biotechnology company chose Vultr Cloud GPU, a GPU-as-a-service that Athos runs on Dells Nvidia-powered HGX H100 PowerEdge servers to train its homegrown AI models and build its AI-powered precision medicine platform aimed at solving auto-immune and cancerous diseases.

Cloud 323
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Microsoft joins new industry alliance aimed at advancing DNA data storage systems

GeekWire

Microsoft is teaming up with other companies to form an alliance to advance the field of DNA data storage, which promises to revolutionize the way vital records are kept for the long haul. Synthetic DNA data storage techniques don’t use that code for biological purposes. (Tara Brown Photography via UW).

Storage 145
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Jeff Bezos-backed startup Nautilus Biotechnology set to go public via SPAC at $900M valuation

GeekWire

Nautilus Biotechnology co-founders Sujal Patel (left) and Parag Mallick. Nautilus Biotechnology , a Seattle-based biotech startup led by Isilon co-founder Sujal Patel , is the latest company to go public using a special purpose acquisition company, or SPAC. Nautilus Photo).

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Sujal Patel-led Nautilus Biotechnology goes public as it tackles ambitious plan to analyze proteins

GeekWire

Nautilus Biotechnology co-founders Sujal Patel (left) and Parag Mallick. Nautilus Biotechnology is emerging as Seattle’s newest publicly traded company this week, taking advantage of the mania over SPACs to raise $345 million to fuel a new approach that could accelerate biomedical research and transform drug development.

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The 10 highest-paying industries for IT talent

CIO Business Intelligence

Healthcare Technology is paramount for the healthcare industry, including the medical, pharmaceutical, and biotechnology industries. There’s a demand for skills such as cybersecurity, cloud, IT project management, UX/UI design, change management, and business analysis. Average salary: US$131,995 Increase since 2021: 0% 2.

Industry 306
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Seattle investment bank that helps buy and sell companies forms new SPAC to target ‘industry 4.0’

GeekWire

is seen as the fourth industrial revolution, using the building blocks of computing and advanced technologies like artificial intelligence, deep learning, computer vision, Internet of Things (“IoT”), gene sequencing, energy storage, and blockchain, to transform the physical, digital and biological worlds,” the firm wrote in a SEC filing.

Banking 129
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How SPACs are changing the IPO game: Equity ownership of founders a big consideration

GeekWire

A few weeks ago, a longtime GeekWire reader sent a note expressing shock that Sana Biotechnology co-founder and CEO Steve Harr only owned 4.9% Given that the Seattle biotechnology company was on the cusp of a blockbuster stock market debut and now is valued at more than $6 billion, I responded that 4.9% ownership prior to the IPO.