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Tachyum Solidifies Reliability, Availability and Serviceability of Prodigy Universal Processor

Retrieved on:

Tuesday, March 26, 2024

Data Management, Semiconductor, Technology, Networks, Artificial Intelligence, Internet, Hardware, Prodigy, GTC, PSU, CAPEX, OPEX, Device, GPU, Learning, Memory, Risk, RAS, HPC, AI, Linux, Stock, Nvidia, Parity, Universal, NIC, EF, Economics, Availability, Silicon, Video game

Additional RAS features built into Prodigy include:

Key Points:

Additional RAS features built into Prodigy include:
Tachyum has incorporated redundant power supply unit (PSU) fans, network interface card (NIC) and efficient maintenance into its Prodigy evaluation platform.
When launched, Tachyum will offer data center family SKUs with a 5-year warranty/support period and 10-year warranty/support periods for enterprise/telco family SKUs.
The Tachyum RAS paper complements an earlier Tachyum white paper which showcased a large Prodigy lead customer data center designed to run 8,000 EF of AI performance where RAS will be a critical component.
Those interested in learning more about Tachyum’s RAS strategy and how it extends reliability, availability and serviceability in the data center can download the full white paper at https://www.tachyum.com/resources/whitepapers/2024/03/26/tachyum-prodigy... .

KBRA Assigns AA Rating to the State of Florida State Board of Administration Finance Corporation Revenue Bonds, Series 2024A; Outlook is Stable

Retrieved on:

Friday, March 22, 2024

Banking, Professional Services, Finance, OIR, KBRA, Parity, The Act, Administration, State, AA, Insurance

KBRA has assigned a long-term rating of AA with a Stable Outlook to the State of Florida State Board of Administration Finance Corporation Revenue Bonds, Series 2024A.

Key Points:

KBRA has assigned a long-term rating of AA with a Stable Outlook to the State of Florida State Board of Administration Finance Corporation Revenue Bonds, Series 2024A.
The rating reflects the Florida Hurricane Catastrophe Fund’s (“FHCF’s”) strong debt repayment capabilities, which derive from its ability to levy assessments on almost all property and casualty insurance policies statewide.
FHCF’s strong governance ties and the oversight provided by the State Board of Administration are credit strengths.
Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

Citynet Upgrades Backbone Network To IP Infusion

Retrieved on:

Thursday, March 21, 2024

Data Management, Technology, Software, Networks, Internet, Hardware, Architect, CLI, Environment, Cisco, Parity, DWDB-TV

IP Infusion , the market leader in carrier-grade networking software systems, announced today that Citynet , the IT Brand of Hall AG has upgraded its Cisco backbone network with IP Infusion OcNOS.

Key Points:

IP Infusion , the market leader in carrier-grade networking software systems, announced today that Citynet , the IT Brand of Hall AG has upgraded its Cisco backbone network with IP Infusion OcNOS.
Under their brand Citynet, they currently serve 5,000 customers and provide a variety of reliable networking and connectivity solutions for regional and international businesses.
“IP Infusion’s industry-standard CLI aided the transition immensely,” said Matthias Feistmantl, Senior Network Operations Engineer and Architect for Citynet.
“OcNOS continues to demonstrate its significant competitive attributes and that it is the modern network platform, from the backbone to the edge.”

GlobalData Report Highlights Staggering Economic Costs for Pennsylvania of $19.9 Billion Due to Obesity

Retrieved on:

Tuesday, March 19, 2024

GlobalData’s report, ‘ Obesity’s Impact on Pennsylvania's Economy and Labor Force ,’ analyzes the economic and workforce implications of obesity in the State of Pennsylvania, as well as the impact on state tax revenue collections and costs.

Key Points:

GlobalData’s report, ‘ Obesity’s Impact on Pennsylvania's Economy and Labor Force ,’ analyzes the economic and workforce implications of obesity in the State of Pennsylvania, as well as the impact on state tax revenue collections and costs.
In Pennsylvania, approximately one-third of adults are classified as having obesity (33.4%), and another third have overweight (34.3%) in 2022.
Employers in Pennsylvania paid an extra $2.3 billion in higher medical expenditures for health complications attributed to obesity and overweight.
The Obesity Action Coalition’s Stop Obesity Weight Bias Campaign includes media guidelines and bias-free image gallery .

KBRA Assigns AA Rating, Stable Outlook to State of Louisiana General Obligation Bonds Series 2024-A and Refunding Series 2024-B; Affirms Rating for Parity Bonds

Retrieved on:

Friday, March 15, 2024

Professional Services, Finance, Surety, COVID-19, Employment, Petroleum, Cyclone, Parity, KBRA, AA, Bank

KBRA assigns a long-term rating of AA with a Stable Outlook to the State of Louisiana General Obligation Bonds, Series 2024-A and General Obligation Refunding Bonds, Series 2024-B.

Key Points:

KBRA assigns a long-term rating of AA with a Stable Outlook to the State of Louisiana General Obligation Bonds, Series 2024-A and General Obligation Refunding Bonds, Series 2024-B.
Concurrently, KBRA affirms the AA long-term rating and Stable Outlook on parity General Obligation bonds outstanding.
The rating was affirmed because of the following key credit considerations:
Constitutional balanced budget requirement, coupled with statutory limitations on fund balance utilization for operations.
Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

GlobalData Report Highlights Staggering Economic Costs for Alabama of $7.2 Billion Due to Obesity

Retrieved on:

Thursday, March 14, 2024

GlobalData’s report, ‘ Obesity’s Impact on Alabama's Economy and Labor Force ,’ analyzes the economic and workforce implications of obesity in the State of Alabama, as well as the impact on state tax revenue collections and costs.

Key Points:

GlobalData’s report, ‘ Obesity’s Impact on Alabama's Economy and Labor Force ,’ analyzes the economic and workforce implications of obesity in the State of Alabama, as well as the impact on state tax revenue collections and costs.
Obesity is a serious, progressive disease and is associated with a range of other diseases, including type 2 diabetes, cardiovascular diseases, and musculoskeletal disorders.
In Alabama, approximately one-third of adults are classified as having obesity (38.3%), and another third have overweight (33.7%) in 2022.
Employers in Alabama paid an extra $822 million in higher medical expenditures for health complications attributed to obesity and overweight.

GTL Announces Pioneering Validation of LH2 Composite Dewar-Tanks for Aviation Applications

Retrieved on:

Wednesday, March 13, 2024

Recognized for a strong history of transformational innovation in the aerospace industry, GTL President Paul Gloyer will share in-depth results from the successful validation testing of its small subscale composite vacuum jacketed dewar-tank with liquid hydrogen (LH2).

Key Points:

Recognized for a strong history of transformational innovation in the aerospace industry, GTL President Paul Gloyer will share in-depth results from the successful validation testing of its small subscale composite vacuum jacketed dewar-tank with liquid hydrogen (LH2).
The GTL composite LH2 dewar-tank test results surpassed expectations.
This allowed the GTL dewar-tank to hold LH2 for over 21 hours, at -430 degrees Fahrenheit, while remaining leak tight with minimal hydrogen permeation.
GTL is now proceeding with the fabrication of flight prototypes of the small composite LH2 dewar-tank,” said GTL President Paul Gloyer .

PLAYSTUDIOS, Inc. Announces Fourth Quarter Results

Retrieved on:

Monday, March 11, 2024

Revenue was $77.1 million during the fourth quarter of 2023, compared to $79.4 million during the fourth quarter of 2022.

Key Points:

Revenue was $77.1 million during the fourth quarter of 2023, compared to $79.4 million during the fourth quarter of 2022.
Net loss was $19.9 million during the fourth quarter of 2023, compared to net loss of $1.7 million during the fourth quarter of 2022.
Consolidated AEBITDA, a non-GAAP financial measure defined below, was $14.7 million during the fourth quarter of 2023, compared to $12.1 million during the fourth quarter of 2022.
Andrew Pascal, Chairman and Chief Executive Officer of PLAYSTUDIOS, commented, “We closed 2023 strongly, reporting fourth quarter results that were ahead of consensus expectations and above the midpoint of our guidance.

KBRA Assigns Long-Term Rating of AA- to the City of Chicago Second Lien Wastewater Transmission Revenue Bonds, Refunding Series 2024A ; Outlook Stable

Retrieved on:

Monday, March 11, 2024

Professional Services, Finance, Wastewater, Collection, City, Drainage, FYE, Parity, KBRA, Public utility

KBRA assigns a long-term rating of AA- with a Stable Outlook to the City of Chicago Second Lien Wastewater Transmission Revenue Bonds, Refunding Series 2024A.

Key Points:

KBRA assigns a long-term rating of AA- with a Stable Outlook to the City of Chicago Second Lien Wastewater Transmission Revenue Bonds, Refunding Series 2024A.
The long-term rating reflects the Wastewater System’s strong financial flexibility, historically stable operating performance, and the favorable characteristics of the large and diverse service area.
Concurrently, KBRA affirms the long-term rating of AA- with a Stable Outlook on the City of Chicago's parity Second Lien Wastewater Transmission Revenue Bonds.
The Second Lien Wastewater bonds are limited obligations of the City of Chicago (“the City”), payable solely from a second lien on net revenues of the sewer revenue fund.

SIGMA LITHIUM ANNOUNCES FINAL INVESTMENT DECISION AND INITIATION OF CONSTRUCTION TO DOUBLE PRODUCTION CAPACITY TO 520,000t/y

Retrieved on:

Monday, April 1, 2024

Lithium, Letter, Growth, FCF, Sigma, Project, EVS, FID, Public expenditure, Carbon, ICE, Factory, Engineering, Parity, BNDES, Technical report, USD, Hand, Iron

SÃO PAULO , April 1, 2024 /PRNewswire/ -- SIGMA Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced lithium concentrate, today announced the Company's Board of Directors has made a Final Investment Decision ("FID") to double production of its unique Quintuple Zero Green Lithium from current 270,000t/y to 520,000t/y. The Board of Directors approved the initiation of construction of a second line of its Greentech Industrial Plant ("Phase 2 Industrial Greentech Plant") with Capex of $100mm (FEL3).

Key Points:

Sigma Lithium announces that it concluded the Final Investment Decision to double production of its unique Quintuple Zero Green Lithium from current 270,000t/y to 520,000t/y.
Sigma Lithium was transformed from a construction site into the world's 6th largest global integrated producer of lithium concentrate.
Sigma Lithium became the world's 4th largest lithium industrial complex after approximately 60,000m 2023 campaign.
Sigma Lithium is also releasing its unaudited financial information for the fourth quarter and full year ended December 31, 2023.