Benchmark Labs Inc.

🗞️ BENCHMARK LABS FEATURED WITH HUB PARTNER NYCEDC IN FINANCIAL TIMES 🗞️ 🚀 We’ve got some exciting news! Benchmark Labs Inc., a company from our inaugural Accelerator cohort, is featured in Financial Times 📰 alongside our Hub program partner, New York City Economic Development Corporation (NYCEDC)! Our Accelerator was also highlighted as the key connector between Benchmark Labs and NYCEDC—demonstrating the power of collaborative innovation and public-private partnership 🤝. The article spotlights the work taking place at Brooklyn Army Terminal (BAT), a 60-acre industrial campus on the South Brooklyn waterfront 🌊, where Benchmark Labs is piloting its technology through the Pilots at BAT initiative. There is mention of the offshore wind sector’s pivotal role in powering New York’s clean energy future, along with the efforts of Hub partner, Equinor, and other major offshore wind companies to help realize its estimated $70 billion impact on supply chain growth. It also highlights Benchmark Labs’ contributions in supporting New York's offshore wind industry as they work toward that vision. Pilots at BAT will also be home to NYCEDC’s Climate Innovation Hub—an initiative backed by $100 million in city funding 💸 to accelerate the growth of climate tech companies through business development, incubation, research, and commercialization. The goal: to scale transformative technologies that create local jobs, power the green economy, and cement NYC’s role as a global hub for climate innovation 🌍. 💬A few words from the collaborators: “We're trying to cultivate the growth of climate tech and other strategic sectors, to have a fully functioning synergistic ecosystem to meet our clean energy targets by 2040, as well as meet our economic development goals. It’s about becoming the best-in-class hub for climate innovation on a global level.” — Sam Jung, Vice President, Renewable Energy Industry Development at NYCEDC “It’s very difficult to build these relationships, and it takes a long time to win contracts…So being able to meet folks in the EDC is such a critical step because it enables us to know who our buyer is and where we should focus on building the relationship.” - Ulrik Soderstrom, Co-Founder and CSOO at Benchmark Labs 🗞️ Read the full article here: https://lnkd.in/ejQSUa42 #offshorewind #cleanenergy #renewable #windpower #sustainableenergy #innovation #startup #entrepreneurship #community  #NYC #NYUTandonMade #UFLInnovatesForClimate

Benchmark Labs is using Google AI to deliver personalized, location-specific weather forecasts for farmers.

Empire State Development announces finalists for round six of annual $3 million Grow-NY global business competition. The Grow-NY competition is a powerful catalyst for science-based innovations that enhance our food economy while promoting climate sustainability. #agtech #foodtech #biotech #sustainability #agrifood #startups Read more at https://lnkd.in/gN6HkP6q

Found this definition of #AI in a #California bill to regulate AI: “(b) “Artificial intelligence” means an engineered or machine-based system that varies in its level of autonomy and that can, for explicit or implicit objectives infer from the input it receives how to generate outputs that can influence physical or virtual environments.” I can’t imagine that after consulting with #industry, #academia and companies across the state, this was the consensus definition. It sounds like AC systems fit the bill LOL

Recently I had the opportunity to talk at California State Assembly opposing the #SB1047 #AI bill trying to regulate frontier models. I felt fortunate to have my voice heard and felt that it was an important step towards drafting legislation that hears the concerns of #small-businesses. Some of you know about my concerns about the 100M USD #training cost cap, the #definition of AI for that bill, and other gray areas like: what are training costs for the purpose of the bill - data gathering, data cleaning, labor used creating the code, electricity, hardware purchase and depreciation, etc.?. Other important aspects include that 100M investments in training do not guarantee that a given AI model would be a "#frontiermodel", as training costs vary widely with cost of #labor and #electricity - and both are cheaper outside of #California. On the other hand, representing Benchmark Labs Inc. an AI Company at the forefront of AI based #weather forecasting, the aspect of making AI companies liable for the misuse of their models' output, is deeply troublesome, as not NOAA: National Oceanic & Atmospheric Administration or other weather information providers are liable for the potential misuse of their information. Consider this very real use case: #farmers, #land managers, #energy companies can make better asset management decisions based on #future weather conditions; however, a bad actor with the same information might decide when is a good time to start a #wildfire, or spread airborne contaminants. - History fact: Weather forecasts aided the allies during D-Day-. How would a weather forecasting company be responsible for the bad actor's actions just because it uses AI, while non-AI companies and institutions are not? We already have #anti-terrorism legislation, why would we, as a society, be going after #core-technologies based in #math and #science instead of targeting the crime instead?

🌽20 finalists from around the globe will vie for $3M in Round 6 of the annual Grow-NY competition! 🍇 The food & agriculture startups are competing to innovate agribusiness and grow the economy in Central NY, the Finger Lakes & Southern Tier. https://lnkd.in/egM4u2fR