UIUC

Governor JB Pritzker Announces Historic $500 Million Investment Aligning with the CHIPS and Science Act

Retrieved on: 
Monday, February 26, 2024

Innovate Illinois Chair and Governor JB Pritzker announced a groundbreaking proposal to allocate $500 million towards the advancement of beyond silicon quantum technology in the state.

Key Points: 
  • Innovate Illinois Chair and Governor JB Pritzker announced a groundbreaking proposal to allocate $500 million towards the advancement of beyond silicon quantum technology in the state.
  • "We were already solidifying our position as a top hub for quantum development, we're ready to leap ahead.
  • Ensuring we make timely, strategic investments and demonstrate unwavering commitment builds confidence among private industry and the federal government," said Governor JB Pritzker.
  • Governor Pritzker has been fostering the innovation environment in Illinois and this announcement will uplift these efforts.

LBank and University of Illinois Urbana-Champaign Form Partnership in Quantitative Trading Education

Retrieved on: 
Wednesday, December 6, 2023

Solidified through a Memorandum of Understanding (MOU) on November 28, 2023, this partnership is poised to elevate the Quantitative Trading Enhancement Program spearheaded by Professor Tony (Qingquan) Zhang.

Key Points: 
  • Solidified through a Memorandum of Understanding (MOU) on November 28, 2023, this partnership is poised to elevate the Quantitative Trading Enhancement Program spearheaded by Professor Tony (Qingquan) Zhang.
  • LBank, providing essential resources and expertise, aims to create a collaborative environment where academia and industry converge for groundbreaking advancements in digital currency trading.
  • In addition, LBank pledges additional funding to support students in the Quantitative Trading Enhancement Program each semester, encouraging both academic excellence and the practical application of skills.
  • This marks a significant leap in collaboration between the cryptocurrency sector and academic institutions, aiming to nurture the next generation of experts in quantitative trading and digital currency.

CharacterX:AI+Blockchain - the Next Big Wave to Watch Out for in 2024

Retrieved on: 
Wednesday, December 20, 2023

CharacterX aims at providing multi-sensory AI social experience as well as an ecosystem for decentralized AI asset management and modal development.

Key Points: 
  • CharacterX aims at providing multi-sensory AI social experience as well as an ecosystem for decentralized AI asset management and modal development.
  • Last week, A16Z dropped its list of 2024 big ideas .
  • The next greatest narrative for 2024, at the heart of A16Z's vision, is the intersection of AI and blockchain, a sector poised for explosive growth.
  • A16Z sees this arena as a key driver for mass consumer engagement in Web3 technologies and democratization.

Eion Delivers First Enhanced Rock Weathering Carbon Removal to Stripe

Retrieved on: 
Thursday, November 16, 2023

Eion , a carbon removal company turning the proven science of enhanced rock weathering (ERW) into a scalable climate solution, today announced it completed partial delivery of a carbon removal purchase from Stripe.

Key Points: 
  • Eion , a carbon removal company turning the proven science of enhanced rock weathering (ERW) into a scalable climate solution, today announced it completed partial delivery of a carbon removal purchase from Stripe.
  • "Eion's delivery underscores the opportunity for enhanced rock weathering to become a scalable solution for permanent carbon removal," said Joanna Klitzke, Procurement and Ecosystem Strategy Lead at Stripe Climate.
  • The research, representing one of the longest-running trials on enhanced rock weathering, shows the opportunity for ERW to be a powerful carbon removal solution.
  • “Abundant mineral supply is critical for enhanced rock weathering to have a meaningful impact on carbon removal,” Chang continued.

Emergency department overcrowding: Can AI, predictive modeling and simulation fix it?

Retrieved on: 
Thursday, July 6, 2023

PEORIA, Ill., July 6, 2023 /PRNewswire/ -- It seems almost everyone has a story about how long they had to wait to receive care in an emergency department due to overcrowding. In fact, research shows patient congestion is one of the main factors threatening efficiency, safety and quality of care.

Key Points: 
  • William Bond, MD, is an emergency department (ED) physician at OSF HealthCare Saint Francis Medical Center in Peoria, Illinois.
  • He also directs simulation research at Jump Simulation , a collaborative effort between OSF and the University of Illinois College of Medicine Peoria (UICOMP).
  • The project is called: STREAM-ED: Simulation to Refine, Enhance and Adapt Management of Emergency.
  • They'll also use data about physical resources and providers, including nurses and technicians who deliver assessments or care in different pods within the emergency department.

Eion Awarded Industry-First Patent for Measurement Methodology to Unlock Scalable Carbon Removal Solution

Retrieved on: 
Thursday, May 11, 2023

OAKLAND, Calif., May 11, 2023 /PRNewswire/ -- Eion, a carbon removal company scaling enhanced rock weathering (ERW) on agricultural lands, today announced its industry-first patent to directly measure carbon removal through ERW. Eion is working with farmers and existing agricultural systems to rapidly scale carbon dioxide removal (CDR) to meet Net Zero goals while improving soil health and creating jobs in rural communities.

Key Points: 
  • OAKLAND, Calif., May 11, 2023 /PRNewswire/ -- Eion , a carbon removal company scaling enhanced rock weathering (ERW) on agricultural lands, today announced its industry-first patent to directly measure carbon removal through ERW.
  • "Our measurement methodology unlocks enhanced rock weathering for the benefit of the global climate and local communities," said Adam Wolf, Co-Founder and CEO of Eion.
  • In 2022, Eion removed 500 tons of carbon dioxide, and in 2023, it will deliver another 8,500 tons of verifiable removal employing its patented measurement methodology.
  • Eion is committed to scientific collaboration with ERW stakeholders on important endeavors related to MRV that will unlock scale for this critical carbon removal pathway.

LMN Architects Celebrates the Design and Construction of the Steven S. Wymer Hall for the Gies College of Business at the University of Illinois Urbana-Champaign

Retrieved on: 
Monday, April 17, 2023

Seattle, April 17, 2023 (GLOBE NEWSWIRE) -- LMN Architects is pleased to unveil the design of the new Steven S. Wymer Hall at the University of Illinois Urbana-Champaign.

Key Points: 
  • Seattle, April 17, 2023 (GLOBE NEWSWIRE) -- LMN Architects is pleased to unveil the design of the new Steven S. Wymer Hall at the University of Illinois Urbana-Champaign.
  • The new Steven S. Wymer Hall advances this innovative approach and provides flexible instructional spaces tailored to support in-person, remote, and hybrid modes of teaching and learning.
  • Jeffrey R. Brown, Josef and Margot Lakonishok Professor in Business and Dean, Gies College of Business, comments: “The future of business education will include online, residential, and hybrid learning.
  • Mark Nicol, Principal, LMN Architects, comments: “Wymer Hall has been designed to accelerate the innovations in teaching and learning that Gies and Illinois have always pioneered.

NTHU Signs Memorandum of Understanding With the University of Illinois System

Retrieved on: 
Thursday, March 16, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230316005049/en/
    NTHU president W. John Kao (right) and University of Illinois System president Timothy L. Killeen (left) signed Memorandum of Understanding.
  • (Photo: National Tsing Hua University)
    The University of Illinois System includes 3 universities in Urbana-Champaign, Chicago, and Springfield.
  • NTHU first signed a memorandum of cooperation with the University of Illinois Chicago (UIC) and University of Illinois Urbana-Champaign (UIUC) in 2020 and 2021, respectively, and will soon extend this collaboration agreement to include the University of Illinois Springfield (UIS).
  • The Memorandum of Understanding was signed by NTHU president W. John Kao and University of Illinois System president Timothy L. Killeen.

Altix Consulting Group Bolsters Leadership to Support Strong Global Growth

Retrieved on: 
Thursday, January 12, 2023

Chen will strengthen the leadership team of the rapidly growing Altix Consulting Group and succeeds Yannick Schilly as President.

Key Points: 
  • Chen will strengthen the leadership team of the rapidly growing Altix Consulting Group and succeeds Yannick Schilly as President.
  • Chen will lead day-to-day operations and help develop a strong architecture and scalable organization to fortify Altix' growth plans.
  • Schilly, who co-founded Altix Consulting and served as President & CEO since the company's inception, will remain CEO and Chairman of the Board of Directors.
  • "We are thrilled to welcome Carey as President of Altix," said Yannick Schilly, CEO and Chairman of the Board at Altix.

OSF HealthCare joins Chicago ARC and a venture collaborative of leading organizations to tackle healthcare inequities for region's underserved populations

Retrieved on: 
Wednesday, December 7, 2022

CHICAGO and PEORIA, Ill., Dec. 7, 2022 /PRNewswire/ -- New Chicago ARC partners OSF HealthCare, Americare Senior Living, University of Illinois at Urbana-Champaign (UIUC), Insight Hospital and Medical Center, and Illinois Tech join a collaborative of leading organizations to create an ambitious partnership to tackle healthcare inequities through market-driven, community-informed solutions and attraction of startups that will support the region's underserved populations.

Key Points: 
  • By doing so, the partners will create replicable models to improve access, quality, cost of care, and address health inequities and social determinants of health.
  • "The Chicago ARC and its network of leading partner organizations creates the ideal way for Sheba to translate our learnings and best practices to the U.S. healthcare market.
  • The Chicago ARC is on a mission to accelerate tomorrow's healthcare solutions to those in need today.
  • Chicago ARC builds upon the proven ARC model (Accelerate, Redesign, Collaborate) of Sheba Medical Center a Newsweek Top-10 Global Hospital.