Tag: Economic

Sagence AI
United States

Sagence AI Emerges from Stealth Tackling Economic Viability of Inference Hardware for Generative AI

High performance AI inference compute at astounding 100X lower MAC power and 20X lower cost Press Release – November 19, 2024 – SANTA CLARA, Calif. – Sagence AI™ today emerged from stealth unveiling a groundbreaking advanced analog in-memory compute architecture that directly addresses the untenable power/performance/price and environmental sustainability conundrum facing AI inferencing. Driven by its industry-first architectural innovations using analog technology, Sagence AI makes possible multiple … Continue reading Sagence AI Emerges from Stealth Tackling Economic Viability of Inference Hardware for Generative AI

Impact Newswire
unep
Global

World must act faster to protect 30% of the planet by 2030

Press Release – 28 Oct 2024 Cali, 28 October 2024 – The international community has made some headway on pledges to protect 30% of the Earth by 2030 but progress must accelerate, the official progress report from the UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) and the International Union for Conservation of Nature (IUCN) has found. The Protected Planet Report 2024 reveals that 17.6% of land and inland … Continue reading World must act faster to protect 30% of the planet by 2030

Impact Newswire
Hitachi Energy
Europe

70 years of HVDC: How power electronics are shaping the future of energy

Press Release – Zurich, Switzerland – 23-10-2024 This year marks the 70th anniversary of High-Voltage Direct Current (HVDC) technology, a transformative force that has revolutionized power transmission and enabled the integration of renewable energy on a global scale. At Power Electronics & Energy Days in Stockholm, Hitachi Energy celebrates this milestone while highlighting the critical role of power electronics in shaping the future of energy. … Continue reading 70 years of HVDC: How power electronics are shaping the future of energy

Impact Newswire
The Nobel Prize
Global

A Nobel prize in Economic Sciences 2024 for an explanation of why nations fail

The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 to Daron AcemogluMassachusetts Institute ofTechnology, Cambridge, USA Simon JohnsonMassachusetts Institute ofTechnology, Cambridge, USA James A. RobinsonUniversity of Chicago, IL, USA The Royal Swedish Academy of Sciences has recently announced the recipients of the Sveriges Riksbank Prize in Economic Sciences in Memory of … Continue reading A Nobel prize in Economic Sciences 2024 for an explanation of why nations fail

Mohd Hassan
2024 Democratic National Convention generated $371.4 million in economic impact
Global

2024 Democratic National Convention generated $371.4 million in economic impact

2024 Democratic National Convention generated $371.4 million in economic impactReport released today by Choose Chicago and the Chicago 2024 Host Committee for the Democratic National Convention shows the impact of this transformational event. CHICAGO (October 17, 2024) – Today, Choose Chicago and the Chicago 2024 Host Committee announced the release of a comprehensive report detailing the economic impact of the 2024 Democratic National Convention (DNC) on … Continue reading 2024 Democratic National Convention generated $371.4 million in economic impact

Impact Newswire
EUR 72.6 million in investment aid granted to 13 clean energy projects
Europe

EUR 72.6 million in investment aid granted to 13 clean energy projects

Ministry of Economic Affairs and Employment Publication date 14.10.2024 – Press Release The Ministry of Economic Affairs and Employment has granted a total of EUR 44,546,484 in investment aid to 12 projects under the national Recovery and Resilience Plan (RRP). Moreover, by a decision supported by the Ministerial Finance Committee on 3 October, EUR 28,048,200 was granted to Nordic Ren-Gas Oy for a large demonstration … Continue reading EUR 72.6 million in investment aid granted to 13 clean energy projects

Impact Newswire
Citi and Mastercard
United States

Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Citi is the first global bank to enable cross-border payments to Mastercard debit cards October 10, 2024 – NEW YORK – Today, Citi (NYSE: C) and Mastercard (NYSE: MA) announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Leveraging Citi’s WorldLink® Payment Services and Mastercard Move’s money transfer capabilities, Citi clients can make near-instant, full-value … Continue reading Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Impact Newswire
Ripple
United States

Ripple and Mercado Bitcoin Partner to Transform Crypto-Enabled Cross-Border Payments in Brazil

Ripple’s enhanced end-to-end payments solution is now available in first Latin America market SÃO PAULO – Ripple, the leading provider of digital asset infrastructure, today announced the launch of Ripple Payments in Brazil. Mercado Bitcoin, Latin America’s largest cryptocurrency exchange, will be the first customer in Brazil to utilize Ripple’s managed end-to-end payments solution, which enables businesses to easily leverage blockchain for faster, cheaper, more efficient cross-border payments … Continue reading Ripple and Mercado Bitcoin Partner to Transform Crypto-Enabled Cross-Border Payments in Brazil

Impact Newswire