The EarthNow project, which plans to launch 500 small satellites to provide video coverage of the world, now has three notable investors: Airbus, Microsoft founder Bill Gates and SoftBank Group chief executive Masayoshi Son. Satellite entrepreneur Greg Wyler, who has also partnered with Airbus and SoftBank on OneWeb, another satellite Internet project, is a fourth investor. Project chief executive Russell Hannigan says EarthNow will cost more than $1 billion, but didn’t reveal tech details or a launch date. Continue reading Airbus, SoftBank and Bill Gates Invest in EarthNow Satellites

Several Silicon Valley technologists and tech companies will invest at least $1 billion in OpenAI, a nonprofit research center in San Francisco with a long-term goal of creating open-source “artificial general intelligence,” a machine capable of performing any task that a human can. Among the investors are Elon Musk, Peter Thiel and Reid Hoffman. One chief focus of the group’s members is to ensure that the resultant technologies augment rather than replace humans, and are used for good. Continue reading Silicon Valley Titans Invest $1 Billion to Establish AI Non-Profit

To address complaints that theater screens are too dark, especially when showing 3D films, the digital cinema industry is experimenting with laser technology. Advocates of laser-illuminated projection assert that benefits include lower operating costs, reduced power consumption and increased system lifespans. However, others are concerned that the cost may be too exorbitant and fear the involvement of the FDA, since it monitors the use of lasers. Continue reading ShowEast: Digital Cinema Turns to Laser Projection Tech

The first commercial installation of a laser movie projector is scheduled for early next year at Seattle Cinerama, a theater owned by Microsoft co-founder Paul Allen. The theater will be the first to acquire Christie Digital’s laser projector, as the technology has just been approved by the FDA. While laser projectors are more expensive than current systems, they are expected to improve 3D projection and eliminate the need to replace bulbs and cool projection booths. Continue reading First Commercial Installation of Laser Projector Scheduled