Alphabet

Normal Computing Unveils the First-ever Thermodynamic Computer

Retrieved on: 
Martedì, Gennaio 23, 2024

Normal Computing , a deep tech AI startup founded by former Google Brain and Alphabet X engineers to develop full-stack applications with enterprise reliability, today unveiled the world’s first thermodynamic computer.

Key Points: 
  • Normal Computing , a deep tech AI startup founded by former Google Brain and Alphabet X engineers to develop full-stack applications with enterprise reliability, today unveiled the world’s first thermodynamic computer.
  • And new approaches like with probabilistic AI add even more scaling complexity, particularly for GPUs, but may be thousands of times more efficient on a thermodynamic computer as indicated in Normal’s latest research paper.
  • The thermodynamic paradigm is more near term, relying on standard semiconductor fabrication and operating at room temperature.
  • Our goal is to unlock a step change in AI capabilities and efficiency through our novel thermodynamic stack,” said Patrick Coles, Chief Scientist at Normal Computing and former head of Quantum Computing at Los Alamos National Laboratory.

Major Financial Events in 2023 Set the Stage for What Lies Ahead for 2024

Retrieved on: 
Mercoledì, Dicembre 20, 2023

DAYTON, Ohio, Dec. 20, 2023 /PRNewswire/ -- Buckingham Advisors is helping investors and businesses prepare for transitional changes and new opportunities in 2024 with an educational video focused on financial planning, investments and tax. In the video, the Ohio-based independent financial advisory and business services firm outlines major financial events in 2023 and their impact, defines changes coming in 2024, and explains benefits and opportunities in the new year.

Key Points: 
  • In the video, the Ohio-based independent financial advisory and business services firm outlines major financial events in 2023 and their impact, defines changes coming in 2024, and explains benefits and opportunities in the new year.
  • Featured presenters in the video titled, "Summing Up 2023: Stepping Into 2024" include:
    Following are highlights from the video.
  • GDP and corporate profits have recently improved and growth is expected in 2024, but without much earnings growth in 2023.
  • As of January 1st, 2024, the Commercial Activity Tax or CAT tax exclusion amount will increase from $1 million to $3 million.

NRG Energy Announces Leadership Changes

Retrieved on: 
Lunedì, Novembre 20, 2023

NRG Energy, Inc. (NYSE: NRG) (“NRG” or the “Company”) today announced that Lawrence Coben, Ph.D., Chair of the NRG Board of Directors, has been appointed Interim President and Chief Executive Officer and that Mauricio Gutierrez, NRG’s President and Chief Executive Officer, has departed the Company and resigned from the Board.

Key Points: 
  • NRG Energy, Inc. (NYSE: NRG) (“NRG” or the “Company”) today announced that Lawrence Coben, Ph.D., Chair of the NRG Board of Directors, has been appointed Interim President and Chief Executive Officer and that Mauricio Gutierrez, NRG’s President and Chief Executive Officer, has departed the Company and resigned from the Board.
  • The NRG Board has initiated a search to identify a permanent CEO and retained a leading search firm to assist with this process.
  • “Today, NRG is in a position of strength,” Dr. Coben said.
  • Their expertise will help ensure we capture the value we create by offering a smarter, cleaner and more digitally enhanced energy ecosystem.

Extropic Secures $14.1 Million in Seed Funding to Propel Novel Physics-Based Computing Paradigm

Retrieved on: 
Martedì, Dicembre 12, 2023

Extropic is at the forefront of a groundbreaking initiative to redefine computation through a novel full-stack paradigm of physics-based computing.

Key Points: 
  • Extropic is at the forefront of a groundbreaking initiative to redefine computation through a novel full-stack paradigm of physics-based computing.
  • Extropic's computing paradigm is built on the principles of out-of-equilibrium thermodynamics, aiming to seamlessly merge generative AI with the fundamental physics of the world.
  • Extropic is thrilled to announce the successful closure of its Series Seed round, raising $14.1 million.
  • The company looks forward to utilizing the Seed capital to accelerate the advent of its revolutionary computational paradigm.

Augmented Reality and Virtual Reality Market size to increase by USD 364.55 billion between 2022 -2027 | The increasing demand for AR and VR technology drives the market growth - Technavio

Retrieved on: 
Mercoledì, Dicembre 6, 2023

Buy the full report

Key Points: 
  • Buy the full report
    The increasing demand for augmented reality (AR) and virtual reality (VR) technology is driving significant growth in the global AR and VR market.
  • This rising trend sees a growing number of customers actively seeking VR solutions or expressing curiosity about VR technology.
  • Download the sample report here
    Technavio highlights the emerging trends of Augmented Reality and Virtual Reality Market Market:
    Increased investor funding in startup AR and VR companies drives market growth.
  • Virtual Reality (VR) Market : The Virtual Reality (VR) Market size is estimated to grow at a CAGR of 60.65% between 2022 and 2027.

Mobile Value-added Services (VAS) Market to grow by USD 723.25 billion from 2022 to 2027 | Market is fragmented due to the presence of prominent companies like Alphabet Inc., America Movil SAB de CV & Apple Inc., and many more - Technavio

Retrieved on: 
Venerdì, Novembre 24, 2023

The mobile value-added services (VAS) market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The mobile value-added services (VAS) market is fragmented owing to the presence of many global and regional companies.
  • The report provides a full list of key companies, their strategies, and the latest developments.
  • America Movil SAB de CV: The company offers value-added services such as Claro Sync cloud storage services, Claro Video, Claro Música music app, and Claro Viajes travel application.
  • APAC will dominate the mobile value-added services market in 2022 due to the rapid penetration of smartphones and mobile broadband in emerging economies such as China and India.

T. ROWE PRICE EXPERTS SHARE 2024 OUTLOOK FOR GLOBAL FINANCIAL MARKETS

Retrieved on: 
Martedì, Novembre 14, 2023

BALTIMORE, Nov. 14, 2023 /PRNewswire/ -- T. Rowe Price held its 41st annual global market outlook press briefing today in New York City, with a panel of the firm's experts sharing their expectations for global financial markets in 2024.

Key Points: 
  • New regime of "higher for longer" inflation, elevated interest rates, and slower economic growth are setting the context for stock and bond markets
    BALTIMORE, Nov. 14, 2023 /PRNewswire/ -- T. Rowe Price held its 41st annual global market outlook press briefing today in New York City, with a panel of the firm's experts sharing their expectations for global financial markets in 2024.
  • If the economy remains resilient, the market will gradually price in fewer rate cuts in 2024.
  • Steve Boothe, Portfolio Manager, Head of Global Investment-Grade Debt, Fixed Income Division
    "Fixed income markets sit at a fragile equilibrium.
  • The global technology opportunity set extends across all geographies, all markets, and all major subsectors of tech—hardware, software, internet, and payments.

Airloom Energy, Inc. Appoints Neal Rickner as Chief Executive Officer

Retrieved on: 
Giovedì, Novembre 2, 2023

Airloom Energy , an energy company revolutionizing utility-scale wind energy generation, today announced the appointment of Neal Rickner as Chief Executive Officer.

Key Points: 
  • Airloom Energy , an energy company revolutionizing utility-scale wind energy generation, today announced the appointment of Neal Rickner as Chief Executive Officer.
  • He spent nearly a decade at Google and Google[x] leading teams, most notably serving as the Chief Operating Officer of Makani , a next-generation wind-turbine company owned by Alphabet and Shell.
  • Rickner is also a decorated veteran of the U.S. Marines, serving as an F-18 pilot and Forward Air Controller for over 12 years.
  • In contrast, the typical Airloom runs 30-foot blades along a lightweight track with a total height of 80 feet.

MIT SMR Addresses What Managers Everywhere Must Know About Caste and How It Shapes Inequities in the Workplace.

Retrieved on: 
Mercoledì, Novembre 1, 2023

MIT Sloan Management Review identifies the unique challenges caste poses to managers and ways to identify and address this bias to create a more equitable workplace.

Key Points: 
  • MIT Sloan Management Review identifies the unique challenges caste poses to managers and ways to identify and address this bias to create a more equitable workplace.
  • Bapuji and the coauthors of " What Managers Everywhere Must Know About Caste " clarify how caste operates indirectly through identity, resources, networks, and culture.
  • What Managers Everywhere Must Know About Caste " urges leaders and organizations to:
    Explicitly identify caste as a protected category: Make caste a protected category.
  • The MIT Sloan Management Review article " What Managers Everywhere Must Know About Caste " publishes at 8 a.m.

B. Braun of America Appoints Two Global Healthcare Leaders to its Board of Directors

Retrieved on: 
Venerdì, Ottobre 27, 2023

BETHLEHEM, Pa., Oct. 27, 2023 /PRNewswire/ -- B. Braun of America Inc., a leader in smart infusion therapy and pain management, today announced the appointment of two new members to the company's board of directors. The appointments come as the company strengthens its focus on innovation, data and technology to deliver more tailored therapies and solutions to help healthcare providers improve patient outcomes.

Key Points: 
  • The appointments come as the company strengthens its focus on innovation, data and technology to deliver more tailored therapies and solutions to help healthcare providers improve patient outcomes.
  • Dorothee Bartels, PhD, MSc, is a global business and scientific leader with extensive experience using data analytics to improve healthcare outcomes.
  • Dr. Bartels currently serves as Chief Digital Officer at Aetion, a global leader in healthcare analytics.
  • "We are pleased to welcome these accomplished global business leaders to B. Braun of America's board," said Jean-Claude Dubacher, Chairman and Chief Executive Officer.