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Government invests in new AI research institute newsthirst.

Impossiable | Moment | Getty Images Hong Kong’s government has earmarked 1 billion Hong Kong dollars ($128.67 million) for the establishment of an artificial intelligence research institute. Called the Hong Kong AI Research and Development Institute, the facility will “spearhead and support Hong Kong’s innovative R&D as well as industrial application of AI,” the city’s…

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NIH to cut billions from overheads in biomedical research newsthirst.

President Donald Trump’s administration has announced it will slash billions of dollars from overheads in grants for biomedical research as a part of broader cost-saving measures, a move some scientists say will stifle scientific advancements. In a statement on Friday, the National Institutes of Health (NIH) said it would cut grants for “indirect costs” related…

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The Federal Funding Freeze Will Cause Lasting Damage to Medical Research newsthirst.

Science is, in its very nature, collaborative. Many consortiums and alliances within scientific fields cross borders and language barriers. Some labs may be able to find additional funding from alternative sources such as the European Union. But it is unlikely that a continued withdrawal of NIH funding could be plugged by overseas support. And Big…

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Hindenburg Research founder says he’s closing short-seller research shop newsthirst.

Nate Anderson on January 6, 2023 in New York. Anderson exposes corporate fraud and ponzi schemes through his company Hindenburg Research. The Washington Post | The Washington Post | Getty Images Hindenburg Research, an upstart research and investment firm that made a name for itself with several successful short bets, is closing, founder Nate Anderson…

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