UEC

Intel Unleashes Enterprise AI with Gaudi 3, AI Open Systems Strategy and New Customer Wins

Retrieved on: 
Tuesday, April 9, 2024
Technology, Semiconductor, Software, Networks, Internet, Hardware, Electronic Design Automation, Data Management, Consumer Electronics, Artificial Intelligence, Cloud, UEC, Google Cloud, Bosch, Algorithm, GPU, Face, Ultra, CtrlS, LLM, DataStax, FP16, Xeon, Silicon, SGX, Original equipment manufacturer, Cohesity, H100, Anomaly, Advent International, Vision, Fermentation, TERA, Kx Systems, Memory, RAG, Running, SAP, Cancer, Food, IBM, VMware, Nvidia, Credit, Dell Technologies, SAM, NPU, Red Hat, HPE, Vision transformer, Intel, Motivation, Infosys, Trust, MinIO, Supermicro, CLIP, TEE, BF16, Workflow, Data center, Ecosystem, Multimedia, MariaDB

The Intel Gaudi 3 AI accelerator will power AI systems with up to tens of thousands of accelerators connected through the common standard of Ethernet.

Key Points: 
  • The Intel Gaudi 3 AI accelerator will power AI systems with up to tens of thousands of accelerators connected through the common standard of Ethernet.
  • Intel Gaudi 3 promises 4x more AI compute for BF16 and a 1.5x increase in memory bandwidth over its predecessor.
  • Intel outlined its strategy for open scalable AI systems, including hardware, software, frameworks and tools.
  • In addition to the Intel Gaudi 3 accelerator, Intel provided updates on its next-generation products and services across all segments of enterprise AI.

Global Uranium Mining Output Expected To Rise 11.7% in 2024 Due To Kazakh and Canadian Growth

Retrieved on: 
Thursday, March 21, 2024
UEC, Uranium, Appaloosa, OTCQX, Artemis program, PALM, ISR, Stallion, Energy, STUD, Technical report, OTCQB, Rough Riders, ASX, News, Beaverlodge, Update, Scheme, GTS, Probability, GMZ, Uranium mining

A report in Mining Technology said that the Global uranium production is expected to grow by 11.7% to more than 60.3 megatonnes (Mt) in 2024.

Key Points: 
  • A report in Mining Technology said that the Global uranium production is expected to grow by 11.7% to more than 60.3 megatonnes (Mt) in 2024.
  • Kazakhstan is expected to deliver the highest uranium production growth in 2024, driven by the planned higher output from the country’s largest uranium producer, Kazatomprom .
  • The report added: “Uranium output to rise 11.7% in 2024 due to Kazakh and Canadian growth… and production will be bolstered by the ramp-up of Canada’s McArthur River mine.
  • Mining Technology continued: “Meanwhile, global uranium production in 2024 will be further bolstered by continuous ramp-up of Canada’s McArthur River, which is aiming to produce 6.9kt of uranium (8.2kt of U3O8) for 2024.

Uranium Energy Corp Announces the Appointment of Brent Berg as Senior Vice-President, U.S. Operations

Retrieved on: 
Monday, March 25, 2024
UEC, Uranium, Natural environment, Policy, ISR, University, Mineral, Senior, MBA, Mining, Uranium mining

CORPUS CHRISTI, TX, March 25, 2024 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce the appointment of Brent Berg as its Senior Vice-President, U.S. Operations.

Key Points: 
  • CORPUS CHRISTI, TX, March 25, 2024 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce the appointment of Brent Berg as its Senior Vice-President, U.S. Operations.
  • Mr. Berg is the former President of Cameco Resources, where he led Cameco's U.S. uranium In-Situ Recovery ("ISR") operations in Wyoming and Nebraska.
  • Mr. Berg also has extensive open pit and underground mining experience, including Cameco's Key Lake, McArthur River and Rabbit Lake operations.
  • He will be working with Donna Wichers, Vice President of Wyoming Operations, for the important restart of uranium production at our Christensen Ranch/Irigaray In-Situ Recovery operations in Wyoming.

Ultra Ethernet Consortium Experiences Exponential Growth in Support of Ethernet for High-Performance AI and HPC Networking

Retrieved on: 
Tuesday, March 19, 2024
UEC, Microsoft, Intel, Interest, Growth, SAN, HPC, Meta, Blog, AI, Working group, Cisco, Testimonial, AMD, HPE

SAN FRANCISCO, March 19, 2024 /PRNewswire/ -- Ultra Ethernet Consortium (UEC) is delighted to announce the addition of 45 new members to its thriving community since November, 2023. This remarkable influx of members underscores UEC's position as a unifying force, bringing together industry leaders to build a complete Ethernet-based communication stack architecture for high-performance networking.

Key Points: 
  • As a testament to UEC's commitment and the vibrant growth of its community, members shared their excitement about the recent developments.
  • The community testimonials, accessible on our Testimonial page , reflect the positive impact UEC is having on its members.
  • In the four months since November 2023, when UEC began accepting new members, the consortium has experienced an impressive growth of 450%.
  • There is a strong desire to have an open, accessible, Ethernet-based network specifically designed to accommodate AI and HPC workload requirements.

Demand Booming as Global Uranium Mining Market Expected To Reach $11.3 Billion By 2030

Retrieved on: 
Wednesday, February 21, 2024
Cloud, Powder River Basin, Mining, News, Growth, UXC, Denison Mines, Probability, Offering, Soil, SCP, 3D, Nuclear fission, Stallion, SABRE, Orano Canada, OTCQX, Conventional weapon, Water, Partnership, Luce Irigaray, Survey, Carbon, STUD, Void coefficient, Mergers and acquisitions, PALM, Xplor, Uranium, UEC, Exploration, ISR, TSX, PLS, Power plant engineering, DNN, SASK, Nuclear energy, FCU, Uranium mining

It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.

Key Points: 
  • It also said that the global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • The report added: “Uranium mining is the extraction of uranium ore from the ground for use in nuclear power plants and the development of nuclear weapons.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

Canada Rich in Uranium Resources Projected to Fuel Strong Growth for Mining Industry Over Next Five Years

Retrieved on: 
Tuesday, February 13, 2024
Lithium, Cloud, Hathor, Mining, News, Growth, CCO, Westinghouse, Athabasca, Geology, NXE, Gartner, Lead, GSC, Minority, Offering, SCP, OTCQB, Copper, Rio Tinto, Ore, Teck Resources, URU, Snake, OTCQX, International Financial Reporting Standards, International, Rough Riders, Yon, HZ, Gold, Cobalt, Palladium, SW2, Agreement, SW1, PALM, Acquisition, Vendor, Nickel, Uranium, UEC, Mineral, TSX, Platinum, PLS, Definitive, COMINCO, Molybdenum, NexGen, Movement, FCU, Uranium mining

Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.

Key Points: 
  • Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.
  • The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities.
  • Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.
  • The prices of three of the most prominent industry products, molybdenum, platinum and uranium have all grown since 2018.

Arista Networks, Inc. Reports Fourth Quarter and Year End 2023 Financial Results

Retrieved on: 
Monday, February 12, 2024
Software, Networks, Internet, Hardware, Data Management, Technology, Other Technology, Security, Cloud, CFO, HPC, Acquisition, HFT, UEC, Wide area network, AI, Telephone, FDK, Conference, Network, GAAP, Visibility, Arista, ANET, Optics, FPGA, Video game

Revenue of $1,540.4 million, an increase of 2.1% compared to the third quarter of 2023, and an increase of 20.8% from the fourth quarter of 2022.

Key Points: 
  • Revenue of $1,540.4 million, an increase of 2.1% compared to the third quarter of 2023, and an increase of 20.8% from the fourth quarter of 2022.
  • GAAP gross margin of 64.9%, compared to GAAP gross margin of 62.4% in the third quarter of 2023 and 60.3% in the fourth quarter of 2022.
  • Non-GAAP gross margin of 65.4%, compared to non-GAAP gross margin of 63.1% in the third quarter of 2023 and 61.0% in the fourth quarter of 2022.
  • Arista's executives will discuss the fourth quarter and year end 2023 financial results on a conference call at 1:30 p.m. Pacific time today.

Nuclear Power Plant Construction Boom Fueling Billion Dollar Growth for Uranium Market

Retrieved on: 
Wednesday, January 31, 2024
Lithium, Environmental impact assessment, FS, UEC, News, Powder River Basin, Exercise, Register, TSX, Form, Indian stock exchange, Engineering, PALM, Carbon, Nuclear fission, PLS, Bed size, OTCQX, Growth, Void coefficient, Environmental impact statement, Government, Research, Agent, The Red Bed, Agreement, Good, AS350, TSX Venture Exchange, DNN, Feasibility study, Uranium, NXE, ISR, EIS, Denison Mines, NexGen, Environmental issues, STUD, Luce Irigaray, Mining, Sale, UXC, Electricity, Detailed engineering, Uranium mining

The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.

Key Points: 
  • The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.
  • It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%.
  • The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.
  • Business Research concluded: “Rising nuclear fuel consumption is expected to propel the growth of the uranium ore market going forward.

Uranium Energy Corp Intersects 6.28% eU3O8 Over 2.9 metres in a 25 metre Step Out from the Roughrider East Zone Deposit

Retrieved on: 
Wednesday, January 31, 2024
Rio Tinto, Hathor, UEC, News, Map, Rough Riders, Uranium, Metallurgy, Inference, Uranium mining

Both exploration and metallurgical sample drilling have been successful at intersecting uranium mineralization.

Key Points: 
  • Both exploration and metallurgical sample drilling have been successful at intersecting uranium mineralization.
  • Discovery of new high-grade vein hosted mineralization in hole RR-889 grading 6.29% eU3O8 over 2.9 metres ("m") ~25 m west of the East Zone deposit ("East Zone"): The mineralization is consistent with the grades and thicknesses of the East Zone and provides targets for resource expansion.
  • Roughrider next steps: UEC plans to drill an additional 20 holes comprising about 9,000 m this winter to identify new areas of uranium mineralization.
  • The drilling program will continue through the winter and focus on exploration for additional uranium that is outside the existing mineralized zones.

UEC Research and Innovation: AI for wireless networking and materials science at ultra-high magnetic fields

Retrieved on: 
Tuesday, January 30, 2024
Science, Research, UEC, Field line, News, University, Innovation

TOKYO, Jan. 30, 2024 /PRNewswire/ -- The University of Electro-Communications publishes the January 2024 issue of the UEC Research and Innovation online newsletter.

Key Points: 
  • TOKYO, Jan. 30, 2024 /PRNewswire/ -- The University of Electro-Communications publishes the January 2024 issue of the UEC Research and Innovation online newsletter.
  • The January 2024 issue of UEC Research and Innovation includes video profiles of UEC faculty Katsuya Suto (Innovation: AINet: AI for Innovative Wireless Networking) and Akihiko Ikeda (Research: Materials science at ultra-high 1000 T magnetic fields).
  • The news is a report on the visit of UEC President Shunichi Tano and Director Kazuaki Oya to New Zealand to foster new partnerships.