Why the World Bank’s venture capital arm is investing in Silicon Valley

Most of the more than $100 million the venture arm of the World Bank’s International Finance Corp. will invest this fiscal year will go to the emerging markets, including tech hubs such as Nairobi, Kenya — dubbed the “Silicon Savannah”. But recently the IFC has also invested in Silicon Valley companies such as the cloud-based software company Ayla, the satellite company Planet Labs and the online education company Coursera.

Launch of UN Data Innovation Lab workshop series at Singularity University

On behalf of the broader UN community, WFP and UNICEF facilitated the first Data Innovation Lab workshop at technology think tank Singularity University to harness the power of digital growth and the data revolution for sustainable development.  The data revolution is leading to an exponential increase in the volume and types of data available globally. For the UN, relevant, reliable and up-to-date data are critical to assess the effectiveness of programmes and to better understand the challenges facing the communities in which UNICEF and WFP and other UN agencies work.

Artificial Intelligence Explodes At Investment, Enterprise Levels

In the past half-decade, artificial intelligence has gone from the stuff of science fiction to components of major factory floors, cognitive technology expert Neil Jacobstein said at a Singularity University event in Boston Tuesday.   Jacobstein chairs the AI & Robotics department at Singularity, the tech-driven benefit corporation that includes the likes of Google, Cisco and Deloitte among its founders.

Thrillist — SU’s Jody Medich Explains How VR Will Change Your Life

But virtual reality today is basically like the Internet in the 1990s; we’ve barely scratched the surface of what it can do. I chatted with Jody Medich, a Director of Design at Singularity University, a think tank for futurists founded by Ray Kurzweil. Up until recently, Medich was the principal user experience designer on the Microsoft HoloLens, so she’s got a pretty good idea of where the technology is going. As you can probably imagine, shit’s about to get cray. Here’s how virtual reality will change the world — and your everyday life — in the next five to 10 years.

3 Moonshot Ideas From Peter Diamandis

Serial entrepreneur Peter Diamandis is optimistic and ambitious, even by the standards of tech-can-fix-everything Silicon Valley. He thinks believing the world is headed anywhere other than an era of abundance where all have access to first world-grade resources is foolish. Technological advances–artificial intelligence, developments in diagnostic technology, access to previously inaccessible resources–all this means people can accomplish more than ever before, with less than ever was needed.

Network Society Research becomes a Singularity University Company

Network Society Research (NSR) was founded to analyze the interconnected waves of exponential technologies that are impacting society, bringing about profound changes and ushering in a new era of decentralization. NSR is creating a vision and analytical tools to enable individuals, enterprises and society at large to deal positively with this unstoppable worldwide change in the organization of our socio-economic activities.

Peter Diamandis: Technology and Regulation Don’t Mix

Entrepreneur and Singularity University founder Peter Diamandis is worried about the opposite situation. He fears the field of artificial intelligence could be stifled by rules the way stem cell research was under Republican President George W. Bush, who in 2001 announced a block on federal funding for new stem lines. “It had the experience of really putting the kibosh on that kind of work,” Diamandis tells Inc.

Partnership News — Volkswagen & Singularity University

To stay relevant, an auto manufacturer must innovate. To do that, it has to invest. Volkswagen’s problem is that even though it would like to spend more money on itself, it has to first resolve its diesel scandal.  Pop quiz: Which company recently forged a partnership with the Singularity University in Palo Alto, Calif., one of the leading think tanks of the digital world? Which company has digital labs in Berlin, San Francisco and Munich, as well as “Future Centers” in Potsdam, Peking and Belmont in Silicon Valley?

The answer might surprise you: Volkswagen.