World Bank Group

WRI and the World Bank Present Landmark Assessment of Nature-Based Solutions in Africa

The assessment includes contributions from the African Development Bank. WRI also launches Green-Gray Infrastructure Accelerator, supporting 11 African cities in building climate resilience. NAIROBI, February 19, 2025 — A new report by World Resources Institute (WRI) and the World Bank, with contributions from the African Development Bank (AfDB), provides one of the most comprehensive assessments to date on how Sub-Saharan Africa — one of the world’s most … Continue reading WRI and the World Bank Present Landmark Assessment of Nature-Based Solutions in Africa

Wood secures $120 million engineering contract extension with Shell UK

Wood secures $120 million engineering contract extension with Shell UK

Press Release – 20 February 2025 – John Wood Group PLC (‘Wood’ or ‘the Company’) has been awarded a $120 million contract extension by Shell UK Limited to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK. The two-year, cost-reimbursable contract extension, centres on providing brownfield EPC services, as well as subsea and integrity management, at the Shell UK-operated St Fergus … Continue reading Wood secures $120 million engineering contract extension with Shell UK

Variational AI Announces Oversubscribed $5.5 Million

Variational AI Announces Oversubscribed $5.5 Million Financing to Launch Foundation Model for Small Molecule Drug Discovery

New funding to fuel market expansion of compute efficient foundation model for biopharmaceutical companies Press Release – February 20, 2025 – VANCOUVER, British Columbia – Variational AI, the company behind Enki™, an advanced foundation model for small molecule drug discovery, today announced the completion of its oversubscribed $US5.5 million Seed extension round. Enki™ empowers biopharmaceutical chemistry teams to efficiently discover and optimize novel hits and … Continue reading Variational AI Announces Oversubscribed $5.5 Million Financing to Launch Foundation Model for Small Molecule Drug Discovery