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Alaska Airlines’ venture lab spins out its first startup: Odysee

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Alaska Airlines' venture lab spins out its first startup: Odysee

Odysee CEO Steve Casley sees dollar signs in data. Or more specifically, AI-powered software that can analyze reams of data to help commercial airlines get the most out of its complex flight schedules.

Odysee, the first startup born out of an aviation-focused venture lab formed by Alaska Airlines and UP.Labs, is doing just that. The two companies formed the venture lab last year to create startups designed to address specific issues in aviation travel, such as guest experiences, operational efficiency, aircraft maintenance, routing, and revenue management. Odysee said it has raised $5 million in a pre-seed round led by UP.Partners, the Los Angeles-based VC firm that is connected to UP.Labs. Alaska Star Ventures, which launched in October 2021, invested $15 million into UP.Partners’ inaugural early-stage fund.

Alaska Airlines CEO Ben Minicucci flagged scheduling as an issue early on, according to Casley. And it’s no wonder. While there is software that provides flight data analysis and scheduling, Casley argues they all lack the kind of real-time time and — critically — revenue predictions that Odysee is building. 

“You need some tools to make better decisions, because typically across airlines, schedule changes are made by planners with experience that do it by intuition,” Casley said in a recent interview. “I wouldn’t say the seat of their pants, because a good portion of the time they’re going to be right because they’ve seen bad changes and good. But they never really had the data to back up those decisions.”

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The software, armed with data, can run hundreds of simulations within seconds to quickly quantify how schedule changes might affect revenue, profits, and reliability, according to the company. 

“There are other optimizers out there, but none of those models, or any of the companies out there offering optimization, to my knowledge, offer revenue predictions,” Casley said. 

The machine learning model Odysee built contains about 42 attributes that involve everything from the time and day of departure to traffic on a particular route and competitor schedules. The startup found in early simulations it was able to save Alaska hundreds of thousands of dollars on just one scheduling change. 

Odysee is currently conducting user acceptance testing with Alaska. Once that’s complete, Alaska will begin a trial of the software, which Casley expects will begin by the end of October. 

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That is a quick timeline considering UP.Labs and Alaska Airlines only formed the aviation venture lab a year ago. The speedy path to commercial products is one of UP.Labs’ chief selling points. UP.Labs, which first launched in 2022, is structured as a venture lab with a new kind of financial investment vehicle. The firm is partnering with major corporations like Porsche, Alaska Airlines, and recently J.B. Hunt, to establish startups with new business models that aim to solve that industry’s biggest problems. Under each partnership, six startups will be formed over three years. 

Under UP.Labs’ structure, these startups won’t be created solely to serve the corporate partner — in this case, Alaska Airlines. Rather, they will operate independently and as commercial enterprises from the get-go, eventually bringing in revenue by selling products or services across the industry.

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Servers computers

Rugged MilDef 19”/2 concept

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Rugged MilDef 19”/2 concept



The MilDef 19”/2 concept provides a modular approach to military network electronics systems. The product range includes servers, computers, network switches, routers and power products as well as customized solutions. Read more https://mildef.com/products/19inch2/

The MilDef 19”/2® design addresses the modern requirements for small, high performance IT infrastructure components that can be tuned to our customers’ particular needs. The modular design and broad product range enables the user to use the different 19”/2® units as building blocks to design optimal system for every use case.

Read more https://mildef.com/products/19inch2/

military rugged 19”/2 rack mount switch
military rugged 19”/2 rack mount router
military rugged 19”/2 rack mount computer
military rugged 19”/2 rack mount server
military rugged 19”/2 rack mount power supply

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Technology

Nintendo is making an alarm clock so you can wake up to Zelda and Super Mario sounds

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Nintendo is making an alarm clock so you can wake up to Zelda and Super Mario sounds

It’s not a successor to the Switch, but Nintendo does have a new piece of hardware to announce: a motion-controlled alarm clock. The device is called Alarmo, and it “responds to your movements,” which means you can snooze it with a gesture, or stop it by actually getting out of bed. It costs $99.99 and will be available in early 2025, though Nintendo says Switch Online subscribers can purchase it early right now.

It appears this is the mystery Nintendo gadget that hit the FCC last month. In addition to the motion features, a big part of the device appears to be its immersive sounds, which are pulled from five different Switch games: Breath of the Wild, Pikmin 4, Splatoon 3, Super Mario Odyssey, and Ring Fit Adventure. There are 35 audio “scenes” in total, though you can also connect the alarm to your Nintendo account for more pulled from Animal Crossing: New Horizons and Mario Kart 8, which will be free updates coming later.

There are some sleep tracking features as well. Here’s how Nintendo describes them:

You can also check Records to see how much you move around in your sleep, set an hourly chime themed to your chosen title, and change between Steady or Gentle Modes for your morning alarm. In Steady Mode, the alarm will gradually get more intense the longer you stay in bed, whereas Gentle Mode offers a more consistent intensity level. There’s also Button Mode for a more traditional, tactile “hit the snooze button” alarm clock experience. You can even use sleepy sounds to wind down with soothing music and sounds at your set bedtime.

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Microsoft 365 accounts targeted by dangerous new phishing scam

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The US government wants to cut out some of its weirdest password rules

Security experts have warned of a new phishing-as-a-service (PhaaS) platform that’s emerging as a serious threat, thanks to its advanced features, obfuscation techniques, and competitive pricing.

Security researchers from Sekoia have revealed more on Mamba 2FA, which has been on the market since at least November 2023.

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Servers computers

Homelab upgrade: New Raspberry Pi Cluster rackmount

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Homelab upgrade: New Raspberry Pi Cluster rackmount



It’s time to upgrade to my rackmount Pi cluster!

You can buy the UCTRONICS Pi Rack Pro on Amazon: https://amzn.to/3BDZD5Y

Other products mentioned in the video:

– MyElectronics Pi Rack Mount: https://www.myelectronics.nl/us/raspberry-pi-19-inch-1u-rack-mount-for-5x-rbpi-fro.html
– Monoprice Cat6A SlimRun patch cables: https://amzn.to/3LCbhCX
– StarTech.com 25U open frame rack: https://amzn.to/3r6gqK1
– QNAP 20-port 2.5G/10G PoE++ switch: https://amzn.to/3dz4DRz

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Support me on Patreon: https://www.patreon.com/geerlingguy
Sponsor me on GitHub: https://github.com/sponsors/geerlingguy
Merch: https://redshirtjeff.com
2nd Channel: https://www.youtube.com/c/GeerlingEngineering

Here’s what I’m running on all the Pis:

– Internet Pi (Pi-Hole, DNS, Internet monitoring): https://github.com/geerlingguy/internet-pi
– Raspberry Pi Dramble (Drupal Pi): https://github.com/geerlingguy/drupal-pi
– Backup Pi: https://github.com/geerlingguy/my-backup-plan
– PiVPN: https://pivpn.io

#Homelab #RaspberryPi

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Contents:

00:00 – Time for an upgrade
00:52 – Ansible, Kubernetes, Pi-Hole, and PoE
02:55 – Out with the old
05:05 – In with the new
08:00 – DNS is important
09:50 – Racked up, first boot
10:45 – Three to go
12:16 – Do they still work?
12:58 – Temperatures and enabling features
13:57 – Is it worth $290? .

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NYT Crossword: answers for Wednesday, October 9

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NYT Crossword: answers for Monday, September 23


The New York Times crossword puzzle can be tough! If you’re stuck, we’re here to help with a list of today’s clues and answers.

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Science & Environment

WTI drifts lower after selloff

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WTI drifts lower after selloff


Market Navigator: Using options to trade crude

Crude oil futures drifted lower Wednesday after sliding more than 4% the previous day.

The rally spurred by the risk of a wider Middle East war has stalled out amid uncertainty over how Israel will retaliate against Iran for last week’s ballistic missile strike. Chinese policymakers’ failure to deliver new economic stimulus measures at a press briefing this week also held energy prices in check.

Though prices are falling, Goldman Sachs sees global benchmark Brent jumping by $10 to $20 per barrel if an Israeli strike disrupts Iranian crude oil production, according to a Tuesday research note.

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Here are Wednesday’s energy prices at around 8:02 a.m. ET:

  • West Texas Intermediate November contract: $73.38 per barrel, down 19 cents, or 0.26%. Year to date, U.S. crude oil has gained more than 2%.
  • Brent December contract: $77.02 per barrel, down 16 cents, or 0.21%. Year to date, the global benchmark is little changed.
  • RBOB Gasoline November contract:  $2.0607 per gallon, down 0.36%. Year to date, gasoline has fallen nearly 2%.
  • Natural Gas November contract: $2.695 per thousand cubic feet, down 1.39%. Year to date, gas is ahead about 7%.

Don’t miss these energy insights from CNBC PRO:



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