China’s Yuanfudao claims global edtech valuation crown

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Yuanfudao has ascended to become the most valuable private edtech company in the world.

 The Beijing-based company captured a $15.5 billion valuation after closing a $2.2 billion round—climbing past India’s online learning platform, Byju, to take its place as the world’s most valuable private edtech company, according to PitchBook data.

“Yuanfudao is poised for high growth as it offers products from preschool to secondary education, which in theory, can support a child’s educational journey from the very beginning all the way through adulthood,” said Ryan Vaswani, an emerging tech analyst at PitchBook.

The company’s online education platform has about 3.7 million students in China using its suite of products, which include live tutoring, online question banks and a math problem-checking app.

Tencent led the first add-on to the company’s Series G with participation from Hillhouse Capital, Boyu Capital and IDG Capital. DST Global, which has also backed Chinese ridesharing goliath Didi Chuxing, led the second portion of the round. In March, Yuanfudao reportedly raised $1 billion at a $7.8 billion valuation.

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3D printing for residential in market-ready: Germany’s first building is under construction

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The first 3D printed residential building in Germany, built by PERI GmbH, and designed by MENSE-KORTE ingenieure+architekten is undergoing construction in Beckum, North Rhine-Westphalia. The two-story printed detached house with approx. 80 sqm of living space per floor is using a system put into practice in Germany for the first time. In fact, the construction technique has come through all of the regulatory approval processes over the last few weeks and months.

3D printing technology for residential construction is now market-ready. Part of North Rhine-Westphalia’s “Innovatives Bauen” or innovative construction development scheme, the first residential 3D printed building is under construction in Germany. In collaboration with Schießl Gehlen Sodeikat, the Technical University of Munich, and MENSE-KORTE ingenieure+architekten, the two-story house is being built for the client Hous3Druck GmbH. A milestone for 3D construction printing technology, the construction of the 3D-printed residential building in Beckum, has engendered other residential printing projects to be drawn up in Germany, according to Thomas Imbacher, Innovation & Marketing Director at PERI GmbH.

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3D-printed pharmaceuticals pave the way for customizable drug therapies

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Personalized pills created by 3D printers will help treat complex diseases cheaply.

Since its inception during the later decades of the last century, 3D printing (also known as additive manufacturing) has moved far beyond merely fabricating simple plastic parts. Today the technique can be used to produce much-needed medical supplies such as personal protective equipment for health care workers fighting COVID-19. Among other advances, 3D printing is now also considered a serious tool to advance medicine and pharmacology through bioprinting. Bioprinting can create anatomical models of patients prior to surgery and some biological tissues, with the goal of progressing to printing whole complex organs such as the heart. However, another emerging and potentially revolutionary use for 3D bioprinting is the production of pharmaceutical drugs that are tailored to meet the needs of specific patients.

In 2015 the U.S. Food and Drug Administration approved the first 3D-printed pharmaceutical, SPRITAM (levetiracetam), created by Aprecia Pharmaceuticals for the treatment of seizures. Although the drug remains the only 3D-printed drug currently approved by the FDA, the many advantages of 3D-printed drugs place them at the forefront of what’s ahead for medicine as the FDA works on formulating a regulatory framework for them.

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Artificial ‘mini-lungs’ grown in a lab allow scientists to watch how the coronavirus infects human cells in ‘major breakthrough’

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Tiny artificial lungs grown in a lab from adult stem cells have allowed scientists to watch how coronavirus infects the lungs in a new ‘major breakthrough’.

Researchers from Duke University and Cambridge University produced artificial lungs in two independent and separate studies to examine the spread of Covid-19.

  • Researchers took stem cells and had them grow into cells found in the lungs
  • They then had them produce 3D models of the lung cells Covid-19 infects
  • They can use their new models to track the spread of the deadly virus in lungs
  • It’s hoped doing so will allow them to develop new drugs to help treat the virus

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Researchers use AI to predict Alzheimer’s disease 7 years before clinical diagnosis

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IBM and Pfizer developed an AI that looks at speech patterns over time for markers of the crippling degenerative disease.

Alzheimer’s is a crippling degenerative disease, but the answer to early diagnosis might lie in speech.

I was afraid my grandmother wouldn’t remember who I was the last time I saw her in person. She looked small and frail in the wheelchair but I could still see the sparkle in her eyes. Our relationship was complicated, but when she said she remembered me, none of it mattered any more.

I sat by her wheelchair and tried to cram in a decade of memories and happenings. Every few moments, it was like she’d reset, and would ask what I’d been up to all these years. We’d go through everything again. We only had a few precious hours before she didn’t remember who I was anymore, no matter how many stories I told her.

Alzheimer’s is a degenerative brain disease that over 5 million Americans live with, and that number is only expected to grow, according to the Alzheimer’s Association. But IBM Research and Pfizer have developed a new AI model that uses quick speech tests to help predict the onset of the disease in healthy people, the companies said Thursday. The AI’s accuracy is about 70%, potentially giving people up to seven years’ notice before symptoms of cognitive decline.

The disease can seem like it sneaks in, beginning with symptoms that may be misinterpreted as typical age-related changes. These early warning flags are important to recognize, as they’re a sign of coming cognitive decline. The sooner clinicians can detect Alzheimer’s disease, the more that can be done to help a patient, even though there’s no cure to date.

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Sam’s Club will deploy autonomous floor-scrubbing robots in all of its US locations

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The past six months have seen a fairly aggressive acceleration in the option of robotics and automation as companies look for ways to augment (and, likely, replace in some instances) human workers. The appeal is certainly clear during massive pandemic-fueled shutdowns.

Sam’s Club has been into robotic floor cleaning for a bit longer, having already deployed Tennant’s T7AMR scrubbers in a number of locations. But this week the Walmart -owned bulk retailer announced that it’s adding another 372 this year, bringing the technology to all of its 599 U.S. stores.

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