CLOUDFLARE-HUGGING FACE PARTNERSHIP ENABLES DEVELOPERS DEPLOY AI MODELS

KUALA LUMPUR, Sept 29 (Bernama) -- Cloudflare Inc, the connectivity cloud company has partnered with Hugging Face, the open platform for artificial intelligence (AI) builders, to make deploying the best open AI models more accessible and affordable to developers.

Cloudflare will be the first serverless graphics processing unit (GPU) preferred partner for deploying Hugging Face models, enabling developers to quickly and easily deploy AI globally, without managing infrastructure or paying for unused compute capacity.

“Hugging Face has made it possible for developers to find the models they need to build AI-driven experiences. Connecting developers to Workers AI is going to make it possible for them to deploy them, in just a few clicks,” said Cloudflare chief executive officer (CEO) and co-founder, Matthew Prince in a statement.

Meanwhile, Hugging Face CEO, Clem Delangue said Hugging Face and Cloudflare both share a deep focus on making the latest AI innovations as accessible and affordable as possible for AI builders.

“We are excited to offer serverless GPU services in partnership with Cloudflare to help developers scale their AI apps from zero to global, with no need to wrangle infrastructure or predict the future needs of their application, just pick your model and deploy,” he said.

Hugging Face’s leading model hub, combined with Cloudflare’s hyper-distributed edge network, will make it easier than ever for developers to build with AI affordably and at scale.

This partnership will enable developers to use the best Hugging Face models, optimised for Cloudflare; deploy Workers AI in one click from Hugging Face; and build AI without upfront costs.

-- BERNAMA

AVIA SOLUTIONS GROUP CHAIRMAN SHARES INSIGHTS ON AI IN AEROSPACE INDUSTRY

KUALA LUMPUR, Sept 27 (Bernama) -- Chairman of Avia Solutions Group, Gediminas Ziemelis has shared predictions regarding the areas where artificial intelligence (AI) in aviation will make a massive difference.

According to a statement, the use of AI in aviation goes beyond customer support chatbots and price comparison tools for travellers.

While these applications will definitely stay and become ubiquitous, the real disruption will come from optimising the “hard” areas of aviation, from revenue management to evaluating the likelihood of a strike.

An accomplished Lithuanian entrepreneur, Ziemelis said AI tools are able to unlock true dynamic pricing; maintaining engine health; planning the most efficient route; predicting strikes; improving workflows in-flight; helping pilots and crew maintain their mental health; and predicting the probability of Airworthiness Directives (AD), among others.

In the airline business, revenue management has never been an easy game, but the stakes are even higher in the post-COVID. AI can help improve the tough task of analysing historical data and calculating the right price, taking into account the client’s location and a myriad of other factors.

Predictive maintenance has been an integral part of maintenance, repair and operations (MRO) for quite some time now, with sensors helping airlines determine when and what needs to be fixed or replaced. AI can use both real-time sensor data and predictive historical fault patterns to reduce downtime and overall costs of maintenance.

With AI tools able to plan the most efficient route, AI-enabled platforms can accelerate decision-making for operators, helping them harness not just the power of historical data but also of predictive mechanisms that, together, generate an actionable and clear picture.

While strikes in aviation usually make headlines because of the disruption they have on travellers’ plans, the fact that airlines can lose tens if not hundreds of millions per strike is often overlooked.

AI can analyse not just technical but also sociological data, a model could be designed to help airlines predict a potential strike and be better prepared for potential negotiations.

Furthermore, AI can serve as a helper not just to the staff on the ground but also to the cabin crew. It is not just about making routine tasks easier, a properly trained tool can offer expert advice on managing the aircraft and making quick, informed decisions, especially when the pressure is on and quick decisions are vital.

-- BERNAMA

Quantexa Appoints Industry Luminaries to its Advisory Board to Accelerate Growth Plans

Former president of BlackRock, former CEO of NHSX, and former Director of GCHQ bring wealth of industry experience from finance, healthcare, and national security

LONDON, Sept 25 (GLOBE NEWSWIRE) -- Quantexa, the global leader in Decision Intelligence (DI) solutions for the private and public sectors, announced today that it has appointed three industry luminaries to its Advisory Board. These hires include Ralph Schlosstein, former CEO of Evercore and former President of BlackRock, Matthew Gould, former CEO of NHSX, and Sir Jeremy Fleming, Former Director of GCHQ. These distinguished leaders bring a wealth of expertise in finance, healthcare, and national security to Quantexa.

The expansion of Quantexa’s Advisory Board comes at a pivotal time for the organization, following the completion of a $129 million Series E funding round, led by GIC, where Quantexa joined an elite group of UK tech companies reaching breakout unicorn status. It was also announced this year that Quantexa will invest over $155M in the global AI industry over the next three years to help clients advance the use of AI to protect, optimize, and grow their organizations. By 2027, Quantexa’s total global investment in AI will reach more than $250M.

Ralph Schlosstein, former CEO of Evercore and former President of BlackRock, brings decades of experience in investment banking to Quantexa’s Advisory Board. His distinguished career includes playing a strategic role in helping the world’s largest asset management firm go public. Ralph’s financial acumen will play a pivotal role in shaping corporate strategy initiatives.

Matthew Gould, former CEO of NHSX, joins Quantexa’s Advisory Board, after serving as the British ambassador to Israel between 2010 and 2015, where Gould helped to launch the UK-Israel Technologies Hub – an initiative run in Tel Aviv to forge technology partnerships between UK and Israeli companies. More recently, Matthew leveraged his extensive background in healthcare to play a pivotal role in advising NHS on initiatives throughout the Covid-19 pandemic. At NHSX, Gould has been responsible for harnessing the power of data and technology to improve healthcare delivery. Matthew’s deep expertise will help Quantexa identify the economies and industries for strategic focus and make decisions on commercial strategy.

Sir Jeremy Fleming, Former Director of GCHQ, and former Deputy Head of MI5, joins the Advisory Board with more than 30 years of experience in intelligence and technology. His extensive background includes developing the National Cyber Security Centre, where he strived to make the UK the safest place to live and do business online. With a passion for making technology use in government more transparent, Sir Fleming will enhance Quantexa's capabilities in addressing emerging threats and opportunities.

"We are pleased to welcome Ralph Schlosstein, Matthew Gould, and Sir Jeremy Fleming to our Advisory Board," said Vishal Marria, CEO of Quantexa. "Their collective expertise in finance, healthcare, and national security will be invaluable as we continue to develop cutting-edge decision intelligence solutions that address the evolving needs of the market."

“Quantexa’s AI-enabled technology allows its customers to protect, optimize, and grow their organizations with efficiency and transparency,” said Ralph Schlosstein, former CEO of Evercore and former President of BlackRock. “I believe Quantexa is well-positioned to capture the opportunities ahead and increase its share of the emerging Decision Intelligence category. I am looking forward to supporting the executive team as they work to accelerate their organic and inorganic growth strategy.”

"It’s an exciting time for me to be joining Quantexa’s Advisory Board, at this critical stage of growth for the company," said Matthew Gould. "Quantexa's innovative approach to helping customers in the private and public sectors make data their most valuable utility is revolutionizing decision making across multiple industries. I look forward to working alongside the talented team at Quantexa to connect data and drive better outcomes for organizations.”

Sir Jeremy Fleming, Former Director of GCHQ commented “I’m thrilled to be part of a company at the forefront of AI innovation. I look forward to combining my experience with Quantexa’s impressive capabilities, which will continue to shape how their customers use data to protect businesses and citizens.”

With the help of its Advisory Board, Quantexa remains dedicated to empowering organizations to make trusted operational decisions through innovative Decision Intelligence solutions. For more on Quantexa’s Leadership team, visit here.

###

About Quantexa

Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s Decision Intelligence platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 650 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, Dublin, New York, Boston, Washington DC, Toronto, UAE, Malaga, Amsterdam, Luxembourg, Brussels, Melbourne, Sydney, and Singapore. For more information, follow us on LinkedIn.


Media Inquiries:
C: Stephanie Crisp, Associate Director and Media Strategist, Fight or Flight
E: Quantexa@fightflight.co.uk

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com

Source: Quantexa Limited

Yili Wins "best Corporate Sustainability Film" At Odyssey 2023

 

Passion for a Sustainable Future 

KUALA LUMPUR, Sept 21 (Bernama) -- A short film co-produced by Yili Group and The Economist Group in the UK titled "Passion for a Sustainable Future" had won "Best Corporate Sustainability Film" at Odyssey 2023 in Cambridge, an acknowledgment of the Asian dairy giant's commitment to global sustainability.

Now in its third edition, the Odyssey film festival celebrates "Global Sustainability" as its main theme this year, in response to the United Nations’ (UN) 17 Sustainable Development Goals (SDGs), according to a statement.

Integrating sustainability into its corporate culture, the company upholds a development philosophy that underscores the importance of green development, win-win cooperation and shared prosperity.

Yili launched China's first net-zero product series, covering milk, yoghurt, organic milk powder and ice cream, pioneering in the country’s food sector as one of the first companies to unveil its carbon reduction goal and commitment to achieving carbon neutrality by 2050 across the industry chain.

Adhering to the principles of altruism and creating long-term positive impact, it pools various resources to establish a global health ecosystem and promote shared prosperity, in the process of generating business value and social value.

Yili is China's first enterprise to sign the Business and Biodiversity Pledge of the Conference of Parties (COP) to the Convention on Biological Diversity, the first to commit to and be approved to join the UN Water Action Agenda, and the sole dairy partner of the COP to be invited to the second session of the COP15.

With its dream of "World Integrally Sharing Health", Yili has also been expanding its environmental, social and governance (ESG) footprint across the continents.

This year, with its outstanding performance in the ESG field, it has achieved an A-level MSCI ESG rating, placing it at the top among A-share-listed dairy companies. Following its "New Vision for Value Creation", Yili is dedicated to uniting all forces to create value and contribute to the UN SDGs in the future.

-- BERNAMA

AM BEST AFFIRMS CREDIT RATINGS OF SOMPO JAPAN INSURANCE INC. AND ITS SUBSIDIARIES; AM BEST AFFIRMS ISSUER CREDIT RATING OF SOMPO INTERNATIONAL HOLDINGS LTD.

HONG KONG, Sept 22 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of Sompo Japan Insurance Inc. (SJ) (Japan) and its subsidiaries. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed list of companies below).

Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of Sompo International Holdings Ltd. (SIH) (Pembroke, Bermuda). In addition, AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) on $335 million 7% senior unsecured notes due by 2034 (which is guaranteed by SIH). The outlooks of these ratings are stable.

The ratings of SJ reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management (ERM).

SJ’s balance sheet strength assessment reflects the company’s strongest level of risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR). The company’s financial leverage remains conservative with adjusted debt leverage ratios below 25%, although it is higher compared to its domestic non-life peers in Japan.

SJ has a track record of strong operating performance, mainly supported by its consistent trend of growing premium income and a five-year average return-on-equity ratio of 7.3% (fiscal year 2018 – 2022) on a consolidated basis, as calculated by AM Best. Despite an increase in SJ’s combined ratio for its domestic business in fiscal year 2022 mainly due to natural catastrophe events, AM Best expects the prospective underwriting performance of domestic business to be impacted positively by various underwriting initiatives, including shortening the policy duration and rate increases in its fire line. SJ’s overseas business, managed by Sompo International Holdings Ltd., the intermediate holding company under SJ, continued to exhibit strong momentum in both net premium written (NPW) and adjusted profit in fiscal year 2022, driven by positive premium trends and robust investment income. AM Best expects that the overseas business will continue to support SJ’s consolidated results over the coming years, driven by improved rate environment in overseas markets and coupled with the strong U.S. dollar against the Japanese Yen that is expected to persist in the medium term.

SJ is the core operating unit of SOMPO Holdings, Inc., (SOMPO Holdings), its ultimate parent and one of the largest non-life insurance groups in Japan. The company maintains a leading market position with approximately a one-quarter share of Japan’s highly consolidated non-life insurance segment, in terms of NPW. In addition, the company has a growing book of overseas insurance business, which accounted for 38% of its NPW and 74% of its adjusted profits in fiscal year 2022.

The stable outlooks reflect AM Best’s expectation that SJ will maintain its overall balance sheet strength assessment, supported by risk-adjusted capitalisation at the strongest level, as measured by BCAR, while ongoing strategic initiatives will help maintain its strong and consistent operating performance over the intermediate term.

Negative rating actions could occur if there is material deterioration in risk-adjusted capitalisation caused by substantial investment losses or a large-scale natural catastrophe. Negative rating actions could occur if there is persistent and significant deterioration in operating performance stemming from weak underwriting and investment results. Negative rating actions could also occur if there is significant deterioration in SOMPO Holdings’ credit profile, including its risk-adjusted capitalisation, financial leverage or interest coverage levels. Positive rating actions could occur if the company demonstrates sustained improvement in its balance sheet strength metrics, including its risk-adjusted capitalisation, financial leverage and lower reliance on reinsurance.

The FSR of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) have been affirmed with a stable outlook for the following subsidiaries of Sompo Japan Insurance Inc.:

• Endurance Assurance Corporation
• Endurance Specialty Insurance Limited
• Endurance Worldwide Insurance Limited
• Endurance American Specialty Insurance Company
• Endurance American Insurance Company
• Endurance Risk Solutions Assurance Co.
• American Agri-Business Insurance Company
• Sompo America Insurance Company
• Sompo America Fire & Marine Insurance Company
• Lexon Insurance Company
• Bond Safeguard Insurance Company
• SI Insurance (Europe), SA

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230921523903/en/


Contact

Charles Chiang
Senior Financial Analyst
+852 2827 3427
charles.chiang@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Chanyoung Lee
Director, Analytics
+852 2827 3404
chanyoung.lee@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Guilherme Monteiro Simoes, CFA
Senior Financial Analyst
+1 908 882 2317
guy.simoes@ambest.com

Source : AM Best

WILSONHCG IS TOP RPO PROVIDER IN HRO TODAY'S 2023 BAKER'S DOZEN LIST

KUALA LUMPUR, Sept 21 (Bernama) -- WilsonHCG has been recognised as top Recruitment Process Outsourcing (RPO) provider in HRO Today’s 2023 Baker’s Dozen List.

The longest-standing customer satisfaction survey in the RPO industry, HRO Today’s Baker’s Dozen List is designed to highlight the world’s top RPO providers and lends transparency into the RPO partnerships that are most impactful.

In a statement, WilsonHCG said providers are rated on a range of factors including breadth of solutions, quality of service and size of deal.

“This recognition means so much to us as a business because it’s solely driven by client feedback. It really is a testament to the commitment and care that our people place in our client relationships,” said WilsonHCG chief executive officer (CEO), John Wilson.

Meanwhile, HRO Today CEO, Elliot Clark said: “Remarkably, WilsonHCG’s service orientation has continued to improve as it has grown to one of the largest and most successful companies in the space and we congratulate it and its leadership team on ranking as the top provider on the HRO Today RPO Baker’s Dozen.”

With a global presence spanning more than 65 countries and six continents, WilsonHCG provides a full suite of configurable talent services including RPO, executive search, contingent talent solutions and talent consulting.

-- BERNAMA

LIVERAMP-CAROUSELL COLLABORATION ENHANCES FIRST PARTY DATA, CLOSED-LOOP REPORTING

KUALA LUMPUR, Sept 21 (Bernama) -- LiveRamp, a data collaboration platform has announced its partnership with Carousell Media Group, a retail media network in Asia for first-party data and closed-loop reporting enhancement.

According to a statement, Carousell is integrating LiveRamp’s data collaboration platform, which includes LiveRamp’s Authenticated Traffic Solution (ATS), to safely and securely support Carousell’s retail media network.

ATS allows Carousell to enhance addressability with LiveRamp’s pseudonymous, people-based identifier, RampID, increasing the value of Carousell’s media inventory across all channels.

It creates addressable audiences without third-party cookies or mobile identifiers, enabling people-based marketing in Chrome, Safari, Firefox and other browsers, preparing marketers for the post-cookie future while providing immediate results.

“Carousell has built one of the strongest e-commerce brands in Southeast Asia, and we are excited to partner with them as we showcase the power of authenticated identity and data collaboration in building sustainable paths forward,” said LiveRamp Managing Director, APAC, Frederic Jouve.

Meanwhile, Carousell Managing Director, JJ Eastwood said: “Our exciting new partnership with LiveRamp is all about creating a direct and dependable link between our advertisers’ data and our own. This means we can personalise ads, optimise strategies, and measure outcomes more effectively across our marketplaces.”

LiveRamp’s data collaboration platform supports Carousell’s retail media efforts, allowing Carousell to responsibly collaborate with brands and their agencies, and enable them to build awareness, improve engagement, and drive purchase consideration to increase return-on-ad-spend (ROAS) without compromising consumer privacy.

It also enables Carousell’s advertisers to enrich data with its unmatched partner network, including connecting data to over 500 platforms across social, television, programmatic, display and search.

A groundbreaking leader in consumer privacy, data ethics, and foundational identity, LiveRamp offers complete flexibility to collaborate wherever data lives to support the widest range of data collaboration use cases within organisations, between brands, and across its premier global network of top-quality partners.

-- BERNAMA

ST KITTS AND NEVIS IS BEST DESTINATION TO INVEST

KUALA LUMPUR, Sept 20 (Bernama) -- St Kitts and Nevis has been recognised as the best CBI destination in the 2023 edition of the CBI Index, trumping 11 other countries with active citizenship by investment (CBI) programmes.

Head of the St Kitts and Nevis Citizenship by Investment Unit, Michael Martin said: “This recognition by the CBI Index is another confirmation of why St Kitts and Nevis should be the first choice for any global investor.

“For four decades we have crafted solid, innovative and sustainable investment solutions, giving investors the confidence to attain their goals in the global arena.”

The country, which has made several sweeping changes to its CBI programme in the last year, took top honours, scoring 77 points in a race between nations such as Dominica, Saint Lucia, Grenada, Antigua & Barbuda, Malta, Vanuatu, Turkey, Egypt, Austria, Cambodia and Jordan.

The 2023 CBI Index noted that St Kitts and Nevis has been the most proactive CBI nation in the Caribbean when it comes to responding to security concerns raised by Western nations, according to a statement.

Now in its seventh year, the CBI Index utilises its established nine-pillar index architecture to provide investors with a data-driven framework with which to measure the performance and appeal of global CBI programmes.

The nine pillars are Standard of Living, Freedom of Movement, Minimum Investment Outlay, Mandatory Travel or Residence, Citizenship Timeline, Ease of Processing, Due Diligence, Family and Certainty of Product.

Scored full marks in Mandatory Travel or Residence, Ease of Processing, Due Diligence and Certainty of Product pillars, St Kitts and Nevis has shown the most commitment to upholding the integrity and reputation of its CBI programme.

The CBI Index stands as one of the most recognised and reputable rating tools in the investment migration industry and has a reputation for providing valuable industry insights and knowledge.

-- BERNAMA

GALLIUM SEMICONDUCTOR EXPANDS PORTFOLIO WITH FIRST ISM CW AMPLIFIER

 

Gallium Semi's ISM CW Amplifier GTH2e-2425300P (Photo: Business Wire)

The GTH2e-2425300P delivers best-in-class broadband efficiency (>72%) and RF performance for ISM applications in a standard air cavity footprint and requires minimal tuning

BERLIN, Sept 18 (Bernama-BUSINESS WIRE) -- Gallium Semiconductor, a respected supplier of GaN RF semiconductor solutions, today announced the availability of the GTH2e-2425300P ISM CW amplifier, a 2.4-2.5 GHz, 300W pre-matched discrete GaN-on-SiC High Electron Mobility Transistor (HEMT). The GTH2e-2425300P brings a new level of efficiency for a wide range of Industrial, Scientific, and Medical (ISM) applications including semiconductor plasma sources and microwave plasma chemical vapour deposition (MPCVD) equipment for synthetic diamond production.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230915782208/en/ 

Roger Williams, CEO of 3D RF Energy Corp, stated, “The GTH2e-2425300P sets a new standard for performance and ease-of-use in 2.45 GHz ISM solid-state power design. Its internal matching enables a straightforward PCB design, whether that be for a 400 W narrowband design with 76% efficiency or 300W design with 72-74% efficiency across the entire band. It is well-behaved in both class AB and class C, and its 17dB of gain at saturated power simplifies driver requirements.”

Operating within the frequency range of 2.4 to 2.5 GHz and powered by a 50 V supply rail, the GTH2e-2425300P yields an efficiency rating that redefines benchmarks for RF power capabilities. With a peak efficiency of 76% (pulsed, 100 µs, 10% duty cycle), this HEMT embodies Gallium Semiconductor's dedication to improving RF performance. Measured data shows a drain efficiency of over 72% under continuous wave operation. A fixed tune demonstration board can be ordered by qualified customers.

Angelo Andres, Director of Product Marketing for Multi-Markets at Gallium Semiconductor, noted, "The GTH2e-2425300P signifies an evolution in RF power amplification and underscores our dedication to optimize performance for ISM applications. Engineers are looking for a robust supply chain partner for long term product availability and product support and that’s exactly what Gallium Semiconductor offers with the GTH2e-2425300P. We will continue to strengthen our portfolio for the ISM market to further support our customers."
 

Encased in an ACP-800 4L Air Cavity Plastic package, the GTH2e-2425300P offers excellent reliability and thermal performance (0.67 °C/W) with its Super-CMC (ceramic matrix composite) flange. It also simplifies integration into various systems, enhancing the development process for RF engineers. The GTH2e-2425300P is now available for order. For those interested in specifications, pricing details, and ordering information, please contact sales@galliumsemi.com 

http://mrem.bernama.com/viewsm.php?idm=47026

China's Innovative Smart Power Plant Technology Sparks Interest In Malaysia

 

KUALA LUMPUR, Sept 12 (Bernama) -- The China-Malaysia Integrated Intelligent Impactless Power Plant (3iPP) Development Forum recently took place here, and successfully attracted a substantial audience.

According to a statement, throughout the forum, in-depth discussions and exchanges were centered on the advancement of the China-Malaysia Integrated Intelligent Impactless Power Plant.

A highlight of the event was the signing of a strategic cooperation memorandum of understanding between State Power Investment Corporation (SPIC) Energy Malaysia Berhad and Malaysia's Majuperak Holdings Berhad.

The study regarding the plan and prospect of Malaysia's 3iPP holds the promise of not only bolstering technological and industrial innovation cooperation between China and Malaysia but also of applying a range of technological innovations to facilitate Malaysia's shift towards green energy.

This initiative closely aligns with the imperative of combating climate change and promoting sustainable human development.

Hosted by SPIC Shanghai Energy Technology Development Co Ltd (SPIC Shanghai Energy Tech), the forum gathered over 100 attendees, including representatives from Malaysian government agencies and professionals from various sectors.

The event featured participation and speeches from notable figures including Minister of Science, Technology and Innovation of Malaysia, Chang Lih Kang; Minister Counselor of the Economic and Commercial Office of the Chinese Embassy in Malaysia, Sun Shuqiang; and Deputy General Manager of SPIC Shanghai Energy Tech, Huang Dongsong.

-- BERNAMA

MONSTER HUNTER NOW LAUNCHES WORLDWIDE ON MOBILE!

 

Monster Hunter Now keyart (Graphic: Business Wire)

Capcom aims to maximize global brand value by blending the Monster Hunter series’ appeal and Niantic’s location-based technology 

OSAKA, Japan, Sept 14 (Bernama-BUSINESS WIRE) -- Capcom Co., Ltd. (TOKYO:9697) today announced that Monster Hunter Now, a new mobile game (for iOS/Android) in the Monster Hunter series, launched worldwide on September 14, 2023.
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230913160191/en/ 

Monster Hunter Now is a new mobile game in the Monster Hunter series that offers players an approachable hunting experience that can be enjoyed as part of everyday life and is being developed and distributed by Niantic, a company that boasts expertise in cutting-edge fields such as location-based technology and augmented reality. In the game, players take on the role of hunters and embark on an adventure during which they hunt vividly lifelike monsters that appear in the real world.

This new game blends the appeal of the Monster Hunter series with Niantic’s development technology, with features that allow players to team up with others for hunts, or to hunt monsters that were encountered while the app was closed later in their spare time. Anticipation for the game is high, with applicants for the closed beta test far exceeding the available slots, and the number of preregistered players now over 3 million people. Capcom will continue to work with Niantic on the game’s ongoing development to provide the fun of Monster Hunter to an even broader audience around the world.

Capcom is committed to delivering further growth while aiming to create new business opportunities and maximize the value of its game content. The company will also continue to utilize its leading brands in the growing worldwide mobile games market.

About the Monster Hunter series:
The Monster Hunter series consists of hunting action games that pit players against giant monsters in beautiful natural environments. The series established a new genre in which players cooperate with their friends via a network and has since grown into a global phenomenon with cumulative sales of the series exceeding 94 million units shipped as of June 30, 2023.

http://mrem.bernama.com/viewsm.php?idm=46995

STUDENT LEADERS OF ASEAN COUNTRIES AND JAPAN LEADING THE WAY AGAINST MARINE PLASTIC WASTE AND TOWARDS A SUSTAINABLE TOMORROW "THE ASEAN-JAPAN YOUNG ENVIRONMENTAL LEADERS' NETWORK (AJYELN) LAUNCH CEREMONY"

^{Registration is open now and free of charge. (Graphic: Business Wire)}


Online from 3pm JST on September 21, 2023


TOKYO, Sept 15 (Bernama-BUSINESS WIRE) -- The ASEAN-Japan Centre (AJC) will hold the ASEAN-Japan Young Environmental Leaders’ Network (AJYELN) Launch Ceremony on Thursday, September 21, 15:00-16:30 (JST). The launch will officially introduce the 37 young fellows who were competitively selected among hundreds of applicants from all ASEAN Member States and Japan. The AJYELN fellows will present their respective projects that address plastic pollution issues in their local communities.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230914554650/en/

 

The Opening Remarks will be given by the Ministry of Environment, Japan, and the Welcome Remarks will be coming from the ASEAN Secretariat. A Keynote Speech will be delivered by Mr. Robin Takashi Lewis of myMizu and Social Innovation Japan, and a Message of Support will be shared by Mr. Senjaya Mulia of ASEAN Youth Organization and AYO Social Enterprise.

AJYELN is the first of a multi-year program of the AJC that aims to recruit and train young environmental leaders aged 15-25 years old. AJYELN unites belief in youth-driven environmental advocacy and leadership for a sustainable future. More importantly, it sees the need to connect individuals, families, and communities to drive collective action for proper waste management and a circular economy. The project is part of the AJC’s larger program, Sustainable Blue Seas and Green Planet, which aims to support the implementation of the ASEAN Outlook on the Indo-Pacific (AOIP) and particularly the ASEAN Regional Action Plan for Combating Marine Debris in ASEAN (2021-2025).

Since 2020, the AJC has launched programs addressing marine plastic waste and greenhouse gas emissions in ASEAN and Japan. These initiatives create and enhance movements to raise awareness among children and young people. In 2020, the AJC collaborated with 22 ASEAN and Japanese students, or "fellows," to create the "Future Leaders’ Declaration on ASEAN-Japan Cooperation for International Marine Plastic Waste." Following this, the "ASEAN-Hiroshima Eco-School for Marine Plastic Waste Education" and "ASEAN-Japan Eco-School for Marine Plastic Waste" were conducted, implementing the fellows' recommendations in the Declaration. By 2022, the Eco-School program had reached over 12,500 elementary and high school students in ASEAN Member States and Japan. These online lectures, delivered in local languages, covered proper plastic use and disposal, as well as behavioral practices to reduce the volume of plastics in the ocean.

The AJC cooperated with the following organizations to implement the AJYELN project: ASEAN Youth Organization; East Asia Regional Knowledge Center for Marine Plastic Debris (ERIA-RKCMPD) in Jakarta; the Science, Technology and Environment Partnership (STEP) Centre, Ministry of Education, Brunei Darussalam; Ministry of Environment, Cambodia; Ministry of Natural Resources and Environment, Lao PDR; Ministry of Environment, Japan; Department of Environment and Natural Resources, Philippines; and the Ministry of Natural Resources, Environment and Climate Change, Malaysia.

Registration for the ceremony is now open and free of charge but limited to 1000 slots on a first-come, first-served basis.

Date and Time: 21 September 2023 | 15:00–16:30 (JST)
Venue: Online
Language: English
Registration: Free
Target: Elementary and High School students and teachers in ASEAN countries and Japan; anyone interested in marine plastic issues.

For details of the event including the program and registration, please see the AJC Website
https://www.asean.or.jp/en/centre-wide-info/20230913/

For more information on the ASEAN-Japan Young Environmental Leaders’ Network (AJYELN), please see the official Facebook page and Instagram page.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230914554650/en/

Contact

ASEAN-Japan Centre (AJC) PR Unit
Tomoko Miyauchi (MS)
URL: https://www.asean.or.jp/en/
TEL: +81 (0)3-5402-8118
Email: toiawase_ga@asean.or.jp

Source : ASEAN-Japan Centre

"AVERTING THE SAAS DATA APOCALYPSE" BY SIMON TAYLOR: A JOURNEY THROUGH THE SAAS DATA LANDSCAPE

New Book is a Comprehensive Exploration of the Rising Threat to Digital Data and the Race to Protect It

Boston, Massachusetts, Sept 14 (Bernama-GLOBE NEWSWIRE) --  HYCU, Inc., the fastest growing data protection as a service company is taking a major first step as the digital world is on the brink of a catastrophe. As more companies increasingly rely on Software as a Service (SaaS) solutions, the looming SaaS data apocalypse is quickly emerging as the most significant threat to data in years. Today, Simon Taylor's new book, "Averting the SaaS Data Apocalypse," is released to shine a light on this imminent digital threat and share real world examples of what can be done to avoid digital mayhem.

From the meteoric rise of the SaaS data apocalypse to deep dives into how leading organizations, including the Boston Red Sox, Zebra Technologies, Bain Capital, and LS Direct, have navigated these challenging waters, Taylor offers an unparalleled insight into the modern SaaS landscape.

In the book's foreword, Enrique Salem, Partner at Bain Capital, an investor in HYCU, underscores the importance of Simon Taylor's work, stating, "From the dawn of the digital era to the explosive growth of data and the intricacies of SaaS, our digital world is brimming with both opportunities and threats. Simon Taylor, through this pivotal book, offers not just insights but a roadmap to navigating these challenges. 'Averting the SaaS Data Apocalypse' stands as a beacon for businesses, guiding them through the dynamic times of the data revolution. Simon's profound perspectives offer a blueprint for a more secure and streamlined digital age, ensuring the safeguarding of our digital tomorrow."

In this compelling narrative, readers are plunged into a journey through the treacherous landscape of SaaS data sprawl. However, amidst the chaos, HYCU emerges as the beacon of hope with its first of its kind, R-Cloud, low code data protection development platform, leading the charge against this digital threat.

“There are 23,000+ SaaS applications in use globally, and more than 50% of successful ransomware attacks happening through SaaS use, and predictions that a successful ransomware attack will occur every two seconds by 2031, signs of the Apocalypse are clear,” said Taylor. “The purpose of the book is to shed light on this emerging crisis, offer practical recommendations on how to deal with it, and learn from some of the most forward-thinking IT leaders that share their experiences in how to truly avert what is becoming the biggest IT challenge of our lifetime.”

Availability:
"Averting the SaaS Data Apocalypse" is available for purchase on Amazon.com in print and Kindle versions worldwide with the pending release in audiobook format on Audible. For special orders, corporate packages, or a free signed copy, please visit: Signed Copy.

###

About Simon Taylor:

Simon Taylor is the CEO and founder of HYCU, the world’s fastest growing multicloud data protection company. He has more than 20 years’ experience in go-to-market strategy development, product marketing and channel sales management for the tech industry. He has worked for leading companies such as Comtrade Group, Forrester Research, Putnam Investments and Omgeo.

He received an MBA in international business from IE (Instituto de Empresa) Business School and an undergraduate degree in operations technology from Northeastern University. He is the author of “John’s Book,” an acclaimed full-length novel, and is a board member at Uncornered, an active member of YPO and a Research Fellow at Boston College.

About HYCU

HYCU is the fastest-growing leader in the multi-cloud and SaaS data protection as a service industry. By bringing true SaaS-based data backup and recovery to on-premises, cloud-native and SaaS environments, the company provides unparalleled data protection, migration, disaster recovery, and ransomware protection to thousands of companies worldwide. As an award-winning and recognized visionary in the industry, HYCU solutions eliminate complexity, risk, and the high cost of legacy-based solutions, providing data protection simplicity to make the world safer. With an industry leading NPS score of 91, customers experience frictionless, cost-effective data protection, anywhere, everywhere. HYCU has raised $140M in VC funding to date and is based in Boston, Mass. Learn more at www.hycu.com. 

http://mrem.bernama.com/viewsm.php?idm=46998

CERTIK, OKLINK PARTNERSHIP TO INTRODUCE FREEZE ASSET REQUEST STANDARDISATION

KUALA LUMPUR, Sept 12 (Bernama) -- CertiK, the frontrunner in blockchain security has collaborated with OKLink, a Web 3.0 on-chain data provider under OKG Technology Holdings Limited, to pioneer the Freeze Asset Request (FAR) technical standard.

In a statement, CertiK said this initiative seeked to simplify incident reporting pathways and expedite the freezing of stolen assets.

The two parties will deepen their ongoing collaboration in risk control, and data compliance areas, including but not limited to exploring data labelling standards and standardising information interaction processes.

During a summit, CertiK hosted a panel discussion titled "How the Community Improves Security for Web 3.0 Users".

The panel featured experts including CertiK Chief Security Officer, Professor Kang Li; OKG Tech Chairman and Chief Executive Officer, Jeffrey Ren; and Professor Yang Liu of Nanyang Technological University, exploring collaborative measures by which the industry can bolster user asset protection.

Professor Li introduced CertiK's ongoing collaboration with OKLink and other exchanges to champion the FAR initiative which is directed at standardising fund-freezing procedures, and CertiK invites more firms to join this movement.

In addition to standardising fund-freezing procedures, CertiK and OKLink are also working collaboratively to establish a universal transaction label taxonomy, which will unify investigation labels from various data providers.

Leveraging CertiK's extensive database resources, the company’s suite of Software as a Service (SaaS) security products have been actively monitoring and tracking over two billion wallets and smart contract addresses, providing real-time comprehensive assessments of security trends for nearly 12,000 projects.

This is the latest step in OKLink and CertiK’s strong professional association with both firms sharing the vision of raising the standards of security and transparency in Web 3.0.

-- BERNAMA

Zenas BioPharma Collaborates With Bristol Myers Squibb To Commercialise Obexelimab

KUALA LUMPUR, Sept 6 (Bernama) -- Zenas BioPharma, a global biopharmaceutical company has entered into a licensing and collaboration agreement with Bristol Myers Squibb Company to develop and commercialise obexelimab for autoimmune diseases in Japan, South Korea, Taiwan, Singapore, Hong Kong and Australia.

Obexelimab is an investigational bifunctional, non-cytolytic, humanised monoclonal antibody that binds CD19 and FcγRIIb to inhibit B cells, plasmablasts, and CD19-expressing plasma cells.

It is currently being studied as a subcutaneous injection in a global Phase III trial in patients with IgG4-Related Disease (IgG4-RD), a disease for which there are currently no approved treatments.

According to Zenas BioPharma in a statement, the compound is also being studied in a global Phase II/III trial in patients with warm antibody Auto-Immune Hemolytic Anemia (wAIHA).

Zenas BioPharma Founder and Chief Executive Officer, Lonnie Moulder said this collaboration marks an important step forward in realising the company’s vision for obexelimab to benefit patients living with autoimmune diseases globally.

“The deeply experienced and passionate team at Bristol Myers Squibb is an ideal partner based on their proven development, regulatory and commercial capabilities in Japan and throughout the licensed territory.”

Meanwhile, Bristol Myers Squibb Senior Vice President & General Manager, Japan, Steve Sugino said: “We are excited to work with Zenas BioPharma to expand the reach of obexelimab in the licensed territory and to make an impact on the lives of patients that are waiting.”

Under the terms of the agreement, Zenas will receive a US$50 million up-front cash payment and is eligible to receive additional payments in connection with the achievement of certain development, regulatory and commercial milestones, as well as royalties on net sales of obexelimab in the licensed territory. (US$1=4.67)

In exchange, Bristol Myers Squibb will receive exclusive rights to develop and commercialise obexelimab in the licensed territory, while also making an equity investment in Zenas.

-- BERNAMA

YOURGENE UNVEILS MAGBENCH AUTOMATED DNA EXTRACTION INSTRUMENT, KIT FOR NIPT WORKFLOWS

KUALA LUMPUR, Sept 5 (Bernama) -- Yourgene Health plc (Yourgene), an international molecular diagnostics group, has launched the Yourgene MagBench Automated DNA Extraction Instrument and Kit, which is available to Sage customers across Asia Pacific (APAC) and the Middle East.

MagBench solution offers a simple, fast and cost-efficient, bench-top robotic cell-free DNA (cfDNA) extraction workstation optimised for Yourgene’s Sage 32 NIPT Workflow, according to a statement.

This provides clinical laboratories with a streamlined end-to-end solution, from sample to report, enabling them to provide a more accurate and competitive non-invasive prenatal testing (NIPT) service.

Yourgene Vice President of Sales, APAC, Dr Rob Henke said the company is committed to delivering best-in-class NIPT solutions, where precision and quality assurance are key.

“MagBench enables an economical and automated NIPT workflow. Reducing manual procedures improves user experience, facilitating true walkaway time while minimising the risk of contamination and improving testing accuracy.

“This decreases the number of screening failures, greatly improves efficiency and helps lower expectant parents’ anxiety,” he said.

The instrument is easy to use, quick to install and provides users with an intuitive touchscreen user interface with built-in protocols, offering fast run times and flexible sample throughput to meet the laboratory’s testing needs.

Meanwhile, the kit comprises sample and elution tubes, pre-sealed cartridges with all the reagents needed for efficient cfDNA purification, and individually packaged tip sets with a unique cross-notch design for precise volume pipetting.

Increased automation during DNA extraction, limits hands-on procedures, minimising the chance of human error, and with single-use tip disposal and a built-in UV lamp for decontamination between runs, it minimises the risk of cross contamination. It also improves the accuracy and consistency of pipetting, resulting in a lower failure rate.

The NIPT workflow includes extracting DNA from the maternal plasma using MagBench, followed by library preparation and enrichment, sequencing, and Sage Link analysis to estimate the risk of a foetus having trisomy 21, 18 or 13, rare autosomal aneuploidies, sex chromosome aneuploidies and the most clinically relevant microdeletions.

-- BERNAMA

CHUHANG'S INDUSTRY-LEADING RADAR INNOVATIONS DISPLAYED AT IAA 2023 IN GERMANY

KUALA LUMPUR, Sept 5 (Bernama) -- Chuhang Technology (Chuhang), a pioneer in millimetre-wave sensing radars, will exhibit a full range of new technology at the IAA Mobility trade show from Sept 4 to 8 in Munich, Germany.

According to a statement, the highlight of these radar innovations is a new cabin sensing suite based on its 60 gigahertz (GHz) vital sensor developed in partnership with emotion3D.

“IAA is one of the most prestigious gatherings of the transportation industry, and our presence here represents our dedication to enhancing the capabilities of next-generation radar,” said its Chief Executive Officer, Chu Yongyan.

First time exhibited outside of China, Chuhang's attendance at IAA 2023 notched a milestone in its international expansion and has reached rapid success across its business verticals since its founding in 2017.

The company specialises in the research and development, production and manufacturing of advanced sensing solutions, having developed a suite of active radar systems that offer superior reliability, compliance, cost-effectiveness and ease of integration.

Its core products, the 60 GHz vital sign radar, 77 GHz forward radar, and the 77 GHz corner radar, have all passed European Union’s CE certification, ready to meet the demands of next-generation vehicles.

Led by its Chief Technology Officer and Co-Founder, Wogong Zhang, the company has made significant contributions to the development of the ISO/PWI 13389 "Road vehicles — Test Method for Detection Performance of Millimetre-wave Radar", aiming to set an international standard for the testing millimetre-wave radar systems.

Chuhang is also constantly expanding its vibrant partner network and currently negotiating to be a supplier for a major German vehicle manufacturer, with products expected to be delivered in 2026.

As it penetrates global markets, Chuhang is committed to developing localised and targeted solutions to meet the specific needs of its international customers.

-- BERNAMA

Some 1 Mln Visitors Throng teamLab Planets In Toyosu, Japan

 

KUALA LUMPUR, Sept 1 (Bernama) -- The body-immersive museum by art collective teamLab in Toyosu, Japan, teamLab Planets TOKYO DMM (teamLab Planets) has renewed its artwork spaces, making it an even more mesmerising experience, in conjunction with its fifth anniversary celebration.

A museum where visitors walk through water, and a garden where they become one with the flowers, teamLab Planets comprises four large-scale artwork spaces and two gardens created by art collective teamLab.

The museum drew approximately one million visitors from 182 countries and regions outside of Japan from March to August this year, which makes up 70 per cent of the museum’s total number of visitors, according to a statement.

It has also been reported that approximately one in 10 visitors to Japan from overseas are visiting teamLab Planets.

This year, teamLab Planets unveils its new installation of ‘Ephemeral Solidified Light’, the innumerable masses of light floating in the air, each one composed of multiple colours caused by extreme synchronisation.

Moreover, the celebration features renewal of ‘The Infinite Crystal Universe’, an artwork that creates a three-dimensional sculpture from a collection of light points whereby visitors can participate in the work using the teamLab app and create the artwork together with other people in the space.

An installation filled with spheres of light that change to ambiguous colours through people’s interactions, ‘Expanding Three-dimensional Existence in Transforming Space’, and several other artwork spaces have also been renewed, furthering the experience of physically immersing the entire body.

In addition, teamLab Planets, which was originally scheduled to close at the end of 2023, has been extended to the end of 2027 due to the popularity of the museum.

-- BERNAMA