Triton

CPS Technologies and Triton Systems Announce New Licensing Agreement

Retrieved on: 
Wednesday, March 6, 2024

NORTON, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS”) and Triton Systems, Inc. (“Triton”) today announced they have signed a manufacturing licensing agreement for Fiber-Reinforced Aluminum (FRA) Composites®.

Key Points: 
  • NORTON, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS”) and Triton Systems, Inc. (“Triton”) today announced they have signed a manufacturing licensing agreement for Fiber-Reinforced Aluminum (FRA) Composites®.
  • Under the agreement, CPS has acquired the global, exclusive right to manufacture and sell products made using Triton’s FRA Composite technology.
  • Triton possesses robust patent protection related to the technology, developed over a number of years.
  • Triton will be compensated as a percent of revenue for every FRA item sold; additional terms were not disclosed.

Snowflake Partners with Mistral AI to Bring Industry-Leading Language Models to Enterprises Through Snowflake Cortex

Retrieved on: 
Tuesday, March 5, 2024

Snowflake (NYSE: SNOW), the Data Cloud company, and Mistral AI , one of Europe’s leading providers of AI solutions, today announced a global partnership to bring Mistral AI’s most powerful language models directly to Snowflake customers in the Data Cloud.

Key Points: 
  • Snowflake (NYSE: SNOW), the Data Cloud company, and Mistral AI , one of Europe’s leading providers of AI solutions, today announced a global partnership to bring Mistral AI’s most powerful language models directly to Snowflake customers in the Data Cloud.
  • View the full release here: https://www.businesswire.com/news/home/20240305158817/en/
    Snowflake Partners with Mistral AI to Bring Industry-Leading Language Models to Enterprises Through Snowflake Cortex (Graphic: Business Wire)
    With the new Mistral AI partnership, Snowflake customers gain access to Mistral AI’s newest and most powerful LLM, Mistral Large, with benchmarks making it one of the world’s top-performing models.
  • Mistral AI shares Snowflake’s values for developing efficient, helpful, and trustworthy AI models that advance how organizations around the world tap into generative AI,” said Arthur Mensch, CEO and co-founder of Mistral AI.
  • Snowflake is continuing to invest in its generative AI efforts by partnering with Mistral AI and advancing the suite of foundation LLMs in Snowflake Cortex, providing organizations with an easy path to bring state-of-the-art generative AI to every part of their business.

FläktGroup: Financial Results 2023 and Executive Leadership Team Announcements

Retrieved on: 
Tuesday, February 13, 2024

HERNE, Germany, Feb. 13, 2024 /PRNewswire/ -- FläktGroup, a leader in sustainable air technology solutions, is pleased to announce key highlights of the year 2023:

Key Points: 
  • The results speak for themselves and are a clear testimony that our transformation program is progressing well", comments Michael Gahleitner, Co-Head of the Industrial Tech sector at Triton.
  • He continues: "We also want to thank Hubertus Mühlhäuser for stepping in mid last year as the interim Executive Chairman and for his effective leadership in 2023 as well the entire FläktGroup's Leadership Team for driving positive change and achieving these outstanding results".
  • "I am humbled and honoured to have the opportunity to lead FläktGroup and work alongside its talented team.
  • We expect a continued improvement in financial performance, following the execution of our transformation program.

FläktGroup: Financial Results 2023 and Executive Leadership Team Announcements

Retrieved on: 
Tuesday, February 13, 2024

HERNE, Germany, Feb. 13, 2024 /PRNewswire/ -- FläktGroup, a leader in sustainable air technology solutions, is pleased to announce key highlights of the year 2023:

Key Points: 
  • The results speak for themselves and are a clear testimony that our transformation program is progressing well", comments Michael Gahleitner, Co-Head of the Industrial Tech sector at Triton.
  • He continues: "We also want to thank Hubertus Mühlhäuser for stepping in mid last year as the interim Executive Chairman and for his effective leadership in 2023 as well the entire FläktGroup's Leadership Team for driving positive change and achieving these outstanding results".
  • "I am humbled and honoured to have the opportunity to lead FläktGroup and work alongside its talented team.
  • We expect a continued improvement in financial performance, following the execution of our transformation program.

EQS-News: RENK Group AG and Triton decided for final private placement volume of RENK Group AG shares

Retrieved on: 
Tuesday, February 6, 2024

to institutional investors in an accelerated bookbuilding process

Key Points: 
  • to institutional investors in an accelerated bookbuilding process
    The final offer will include 33,333,333 shares held by the selling shareholder Rebecca BidCo S.à r.l.
  • RENK Group AG shares are expected to be traded on the regulated market of the Frankfurt Stock Exchange (Prime Standard) starting February 7, 2024, under the Ticker Symbol R3NK.
  • Following the listing, Triton will continue to hold the majority of the shares of RENK Group AG.
  • The expected free float amounts to 27% (excluding around 6.67 million shares purchased by KNDS N.V. as cornerstone investor), creating a liquid market for shares of the RENK Group AG.

EQS-News: RENK Group AG and Triton initiate private placement

Retrieved on: 
Monday, February 5, 2024

NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL

Key Points: 
  • NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL
    RENK Group AG and Triton initiate private placement of RENK Group AG shares and aim for listing on February 7, 2024
    Private placement of RENK Group AG shares held by the selling shareholder Rebecca BidCo S.à r.l.
  • Following the listing, Triton will continue to hold the majority of the shares of RENK Group AG.
  • Assuming full exercise of the greenshoe option, free float amounts to up to 30%, creating a liquid market for shares of the RENK Group AG.
  • The investment of KNDS into the RENK Group AG will further support the strategic international growth of RENK, strengthening its market position.

Triton International Declares Quarterly Dividends on Preference Shares

Retrieved on: 
Tuesday, January 30, 2024

January 30, 2024 – Triton International Limited ("Triton") today announced that the Board of Directors has declared a cash dividend payable on March 15, 2024 to holders of record at the close of business on March 8, 2024 on Triton's issued and outstanding preference shares as follows:

Key Points: 

January 30, 2024 – Triton International Limited ("Triton") today announced that the Board of Directors has declared a cash dividend payable on March 15, 2024 to holders of record at the close of business on March 8, 2024 on Triton's issued and outstanding preference shares as follows:

Goldstorm Metals Discovers Multiple High-Grade Precious and Base Metal Zones on the 100 % Owned Crown Project, Located in Northwestern British Columbia, Canada

Retrieved on: 
Wednesday, January 24, 2024

The Program at Fairweather and Delta focused on prospecting newly exposed outcrops due to recent glacial ablation and building upon the historical discoveries made on the Property.

Key Points: 
  • The Program at Fairweather and Delta focused on prospecting newly exposed outcrops due to recent glacial ablation and building upon the historical discoveries made on the Property.
  • (See tables 1 and 2 below for select rock samples taken from the Fairweather and Delta zones).
  • This zone can be traced approximately 500 east-west by 200 m north-south and remains open in all directions.
  • Veining was associated with a large gossan colour anomaly measuring 600 x 200 m along a northwest axis.

NVIDIA Brings Business Intelligence to Chatbots, Copilots and Summarization Tools With Enterprise-Grade Generative AI Microservice

Retrieved on: 
Tuesday, November 28, 2023

NVIDIA NeMo™ Retriever — a new offering in the NVIDIA NeMo family of frameworks and tools for building, customizing and deploying generative AI models — helps organizations enhance their generative AI applications with enterprise-grade retrieval-augmented generation (RAG) capabilities.

Key Points: 
  • NVIDIA NeMo™ Retriever — a new offering in the NVIDIA NeMo family of frameworks and tools for building, customizing and deploying generative AI models — helps organizations enhance their generative AI applications with enterprise-grade retrieval-augmented generation (RAG) capabilities.
  • As a semantic-retrieval microservice, NeMo Retriever helps generative AI applications provide more accurate responses through NVIDIA-optimized algorithms.
  • Developers using the microservice can connect their AI applications to business data wherever it resides across clouds and data centers.
  • NVIDIA AI Enterprise supports accelerated, high-performance inference with NVIDIA NeMo, NVIDIA Triton Inference Server ™, NVIDIA TensorRT ™, NVIDIA TensorRT-LLM and other NVIDIA AI software.

NVIDIA Introduces Generative AI Foundry Service on Microsoft Azure for Enterprises and Startups Worldwide

Retrieved on: 
Wednesday, November 15, 2023

SEATTLE, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Microsoft Ignite— NVIDIA today introduced an AI foundry service to supercharge the development and tuning of custom generative AI applications for enterprises and startups deploying on Microsoft Azure.

Key Points: 
  • With NVIDIA AI Foundation Models, Train on NVIDIA DGX Cloud, Deploy With NVIDIA AI Enterprise Software
    SEATTLE, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Microsoft Ignite— NVIDIA today introduced an AI foundry service to supercharge the development and tuning of custom generative AI applications for enterprises and startups deploying on Microsoft Azure.
  • The NVIDIA AI foundry service pulls together three elements — a collection of NVIDIA AI Foundation Models , NVIDIA NeMo ™ framework and tools, and NVIDIA DGX™ Cloud AI supercomputing services — that give enterprises an end-to-end solution for creating custom generative AI models.
  • “With NVIDIA’s generative AI foundry service on Microsoft Azure, we’re providing new capabilities for enterprises and startups to build and deploy AI applications on our cloud.”
    NVIDIA’s AI foundry service can be used to customize models for generative AI-powered applications across industries, including enterprise software, telecommunications and media.
  • NVIDIA AI Enterprise is also available on Azure Marketplace , providing businesses worldwide with broad options for production-ready AI development and deployment of custom generative AI applications.