STOCHASTIC MODELS
His grandfather died of pancreatic cancer: This Hyderabad startup founder is using AI to develop a personalised cancer vaccines
Hyderabad-based biotech startup PopVax, founded by Soham Sankaran, is developing AI-powered personalised cancer vaccines using mRNA technology. Inspired partly by his family's experience with pancreatic cancer, he aims to help the immune system identify and attack cancer cells using treatments designed around individual patients' tumour genetics.
Scientists released 600 beetles into 30 identical landscapes; after 13 generations, some traveled three times farther than others despite the same lab conditions
A 2009 research highlighted that the movement patterns of species are far more erratic than earlier assumptions suggested, due to inherent natural variability. Experiments with red flour beetles over a span of 15 months in identical environments revealed significant differences in their movement. This unpredictability complicates the management of invasive species within ecosystems, emphasizing the need for a deeper understanding of uncertainties in ecological predictions for effective future planning.
'First we will lose oxygen, then most of our surface water': Supercomputer predicts when life on Earth could end, says it is 'inevitable'
Research indicates that Earth's oxygen-rich atmosphere will remain for approximately 1.08 billion years. Scientists used modeling to explore how future solar brightness could impact oxygen levels. The study emphasizes that significant environmental changes might occur before life becomes unsustainable.
This Mysore-born scientist, whose great-grandfather was a mathematician and grandfather a Sanskrit scholar, helped make AI faster at weather forecasting & drug discovery
Anima Anandkumar, a prominent AI researcher, applies machine learning to complex problems in physics and science. Her work at Caltech focuses on areas including tensor methods and deep learning for scientific applications. She has previously worked at Amazon Web Services, where she contributed to Amazon SageMaker, and conducted research at MIT and Cornell University. Her work has also explored ways to accelerate scientific simulations, including weather forecasting.
Indian physicist Deepak Dhar wins prestigious 2026 Dirac Medal
Physicist Deepak Dhar received the 2026 Dirac Medal for his statistical mechanics work. He shares the award with three other scientists for their complex systems research. Their contributions span biology, finance, computer science, and artificial intelligence. Dhar is recognized for his influential sandpile model research. This award highlights significant advancements in theoretical physics and its applications.
Scientists Finally Explain Why Fish Break Formation Mid-Swim
Fish schools, appearing chaotic when splitting and reuniting, actually follow biological and physical rules. This dynamic behavior aids in danger avoidance and energy conservation. Environmental factors and hydrodynamic interactions influence school stability, leading to temporary fragmentations. Fluid dynamics and three-dimensional formations facilitate rapid regrouping, showcasing a sophisticated strategy for collective survival and efficient movement.
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Why Fireflies All Flash at Once: The Strange Math of Synchronicity
Thousands of fireflies in the eastern US and Southeast Asia exhibit breathtaking synchronized flashing, a phenomenon now understood as biological self-organization. Simple interaction rules, not central control, govern this display. Research reveals females prefer synchronized signals, boosting mating success. This collective behavior is mathematically modeled by coupled oscillators, offering insights into broader biological coordination.

Health advice from AI chatbots is frequently wrong, study shows
Study found AI health chatbots performed no better than Google in guiding diagnoses or next steps, often giving inconsistent or false advice. Researchers concluded current models are not ready for direct patient care despite rapid improvements.

Financial word of the day: Black-Scholes model — meaning, usage, and the formula still powering Wall Street’s options pricing in 2026
Financial word of the day: Black-Scholes model — The Black-Scholes model remains the 2026 gold standard for pricing trillions in derivatives. It uses five key data points: stock price, strike, time, interest rates, and volatility. This math-heavy formula eliminated guesswork, creating today’s liquid markets. Traders rely on its "Greeks" to manage risk instantly. Even with AI, Black-Scholes provides the essential fair-value benchmark for every call and put option traded globally.

Alexa got an AI brain transplant: How smart is it now
Amazon’s Alexa+ upgrades the voice assistant with generative AI for more natural conversation, multitasking, and creative responses. While promising features like restaurant booking and follow-up questions impress, testing revealed bugs, slower performance, and errors.

Beyond slogans, now, please? India needs a GoI-owned, macro framework to address pertinent questions
Amidst global economic uncertainty and faltering domestic growth, there is a need for a transparent macroeconomic framework in India. The current reliance on rhetoric is questionable and India needs to return to evidence-based analysis.

Why AI can't take over creative writing
ChatGPT is a large language model (LLM) learned from a huge corpus of text from the internet. It predicts the probability of the next word given the context: a prompt and the previously generated words. The AI chatbot uses this model to generate language by choosing the next word according to the probabilistic prediction. Think about drawing words from a hat, where the words predicted to have a higher probability have more copies in the hat. ChatGPT produces text that seems intelligent.

BARC appoints Dr Bikramjit Chaudhuri as chief of measurement science
Dr. Bikramjit Chaudhuri assumes the role of Chief of Measurement Science and Analytics at BARC India, succeeding Dr. Derrick Grey, who served for six years. With extensive experience in data science and analytics from Datamatics Group, KPMG, Nielsen, and ZS Associates, Bikram aims to enhance BARC's audience measurement system.

India to remain fastest-growing major economy in 2024
India recorded a gross domestic product (GDP) expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter.

Eicher Motors shares tank over 11% in 3 days. Should you buy or sell?
In Thursday's trade, shares of Eicher Motors fell over 3% to Rs 3,207. Analysts stated that HD X440 would rival the likes of Royal Enfield's RE Classic 350 and Hunter 350. HD X440 costs 13% more than the Eicher Mototrs's RE Classic 350, while it also comes with a larger 440CC engine.

More fuel in pipeline for ITC's rip-roaring rally, but will the addiction last?
Now just when investors were getting worried about valuations, which are not dirt cheap anymore, and the fall in dividend yield to around 3% at current market prices, the bulls have found another reason to stick to their ground.

Mind reading is common among us humans. But can a machine know that we know what it knows?
What if a machine could read minds, too?

India should draw up its own blueprint for AI, say industry veterans, experts
They believe the downstream effects of adopting technologies such as AI without essential due diligence and appropriate safeguards can cause 'unprecedented disruption of the existing social order.'

Does ChatGPT plagiarize beyond 'copy-paste'?
Concerns about plagiarism are raised when language models, presumably including ChatGPT, paraphrase and reuse concepts from training data without citing the original source.

OpenAI's new chatbot ChatGPT to generate more conversational responses but is still prone to create disinformation, claims report
ChatGPT, an AI chatbot, has been taught to respond to user inquiries in a conversational manner. It's exceptionally skilled, yet it's still prone to generating coherent nonsense and disinformation, according to report.

New shareholders’ fund boosted PSU’s embedded value nearly 5x
LIC’s embedded value (EV) jumped to nearly Rs 5.4 lakh crore in September 2021. This was more than five times higher from the Rs 95,605-crore EV clocked six months earlier in March. EV is a measure of an insurer’s current net worth and present value of future profits.

Indian team wins US Innovation Award
SoftWorthy's award-winning project focuses on developing state-of-the-art computational methods for 'stochastic modeling, design simulation and sensitivity analysis' of electronic devices like printed-circuit-boards (PCBs), which are critical for the growth of novel technological applications like driverless vehicles and energy efficient smart buildings.

Nifty likely to be rangebound at 14,200-14,300
Analysts said the index may head to 14,000-14,100 if it goes below 14,200, but they also believe the chances for that to be low because of strong inflows from foreign investors.

Nifty could top 14,200-14,300 this week say tech analysts
Technical analysts said the IT sector is likely to show more strength before the beginning of the December quarter earnings season

Difficult to accurately assess economic impact of COVID-19: RBI
"COVID-19's epidemiological dynamics are still rapidly evolving in India, rendering difficult an accurate assessment of its full macroeconomic effects," RBI said in its annual report.

Brazil will beat Argentina 3-1 in World Cup final: Goldman Sachs
For the 2010 World Cup in South Africa, Goldman Sachs had tipped Brazil to lift the cup, with Spain, The Netherlands and Germany as the second, third and fourth most favoured teams.

Ten brokerages slash target prices of Maruti Suzuki post Q1 results
Shares of Maruti Suzuki are likely to remain volatile at least in near-term and analysts advise investors to book profits on every rally.
LeT can be reined in by concurrent Indo-US action: Research
Researchers looked for Nash equilibria, named after Nobel-prize winning economist John Nash, whose life was immortalised in the Oscar-winning movie, A Beautiful Mind.
Trading software vendors ride the equity wave
Traders and affluent investors are invoking the power of technology to maximise their returns in the stock market.
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