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MetMalaysia to boost weather forecasts with new supercomputer and AI
Thesun.My· 2025-10-08 09:49
Core Viewpoint - Malaysia is set to enhance its weather forecasting capabilities through a new numerical weather prediction system, which will utilize advanced technology including a supercomputer with a processing speed of six petaflops [1][2]. Group 1: System Development and Features - The new weather prediction system will be housed at the Public Sector Data Centre in Kulim, Kedah, and will incorporate High-Performance Computing, Artificial Intelligence, and Big Data Analytics [2]. - The project is expected to be completed by 2027, allowing forecasts to be issued up to 14 days in advance, an improvement from the current seven-day forecast [2]. - The system will feature enhanced processing power and higher-resolution weather models, offering a resolution of 300 meters compared to the previous one-kilometer resolution [5][6]. Group 2: Impact on Disaster Management - The new system is anticipated to strengthen early warning systems and improve disaster preparedness, particularly for floods, thereby enhancing the competency and efficiency of disaster warning management [3][5]. - The system will provide more time for the National Disaster Management Agency and other strategic agencies to prepare for potential disasters [4][6]. - While the system can forecast large-scale weather patterns earlier, it remains challenging to predict small-scale thunderstorms due to their localized nature [7]. Group 3: Economic and Social Implications - The 2021 Special Report on Flood Impacts indicated that total losses from floods that year were RM6.1 billion, with subsequent years showing losses of RM0.6 billion in 2022, RM0.8 billion in 2023, and RM0.9 billion in 2024 [8][9]. - The deputy secretary-general emphasized that the impacts of floods extend beyond immediate losses, affecting economic and social stability, thus necessitating greater preparedness and resilience [9].
Azimut Starts Drilling High-Grade Gold Zone at Wabamisk, James Bay Region, Québec
Globenewswire· 2025-09-29 10:30
Core Insights - Azimut Exploration Inc. has initiated a maiden 1,500-metre core drilling program on the Rosa Zone, discovered through prospecting this summer [1][2] - The Rosa Zone is located on the Wabamisk Property in the Eeyou Istchee James Bay region of Québec, Canada [1] - The drilling program is contingent on positive initial results, with additional drilling planned [1] Drilling Program Details - The drilling program is based on systematic follow-up work, including an induced polarization (IP) survey that outlined a continuous chargeability anomaly over 1.4 kilometres [2][3] - The IP survey identified a subparallel chargeability anomaly located 50 to 200 metres north of the main anomaly [2] - The corridor defined by the IP data and prospecting results measures 1.4 kilometres by 200 metres [3] Geological Context - The mineralization consists of a sheared quartz vein system with disseminated sulphides, generally less than 2%, and visible gold associated with quartz veins observed at over 10 locations [6] - High-grade results include 36 grab and channel samples with grades above 1.0 g/t Au, with 15 samples exceeding 5.0 g/t Au, up to 42.0 g/t Au [6] - The mineralized outcrops extend over a 700-metre east-west strike, with consistent high-grade results over 300 metres, and the IP results suggest a minimum strike of 1.4 kilometres [6] Property Overview - The Wabamisk Property comprises 673 claims covering 356 square kilometres, including the former Chromaska Property [7] - The adjacent Wabamisk East Property has been optioned to Rio Tinto for lithium exploration, providing a strategic 51-kilometre strike position in a prospective belt [7][8] - The property is located near significant mining operations and infrastructure, enhancing its accessibility [8] Project Management and Analytical Protocols - The drilling program is conducted by Nouchimi-RJLL Drilling Inc., with rock samples analyzed by ALS Laboratories using fire assay and ICP methods [9] - Azimut applies industry-standard QA/QC procedures to its drilling and prospecting programs [9] - The project is managed by Alain Cayer, P.Geo., ensuring adherence to technical standards [10] Company Background - Azimut is a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [12][13] - The company employs a proprietary big data analytics system, AZtechMine™, to enhance exploration efficiency [13] - Strategic investors include Agnico Eagle Mines Limited and Centerra Gold Inc., holding approximately 11% and 9.9% of the company's shares, respectively [14]
Why Investors Are Excited About Palantir Stock Again
Yahoo Finance· 2025-09-28 13:00
Core Insights - Palantir Technologies has emerged as a leading player in the artificial intelligence market, driven by significant government contracts, increasing commercial usage, a new AI product stack, and notable partnerships [1][4]. Company Overview - Palantir Technologies is valued at $424.7 billion and specializes in big data analytics, AI, and decision-making platforms, utilizing tools like Gotham, Foundry, and the Artificial Intelligence Platform (AIP) [3]. Financial Performance - In Q2, Palantir surpassed the billion-dollar revenue mark for the first time, achieving a total revenue increase of 48% year-on-year (YoY) [4]. - U.S. revenue grew by 68% YoY and 17% sequentially, making up 73% of total revenue, with U.S. Commercial revenue rising 93% YoY [4]. - Adjusted earnings per share (EPS) reached $0.16, and free cash flow was strong at $569 million, with full-year expectations of $1.8 billion to $2 billion [5]. Deal Activity - Palantir recorded unprecedented deal activity in Q2, booking $2.3 billion in total contract value (TCV) and $684 million in annual contract value (ACV) [6]. - The company closed 157 deals worth at least $1 million, including 42 deals exceeding $10 million, indicating strong demand from existing customers [6].
Significant Movements Among Top Market Gainers
Financial Modeling Prep· 2025-09-16 22:00
Company Highlights - Next Technology Holding Inc. (NASDAQ:NXTT) experienced a price surge to $23.49, marking an increase of over 16,216%, driven by its innovative technical services in the social e-commerce platform space within Mainland China [1][5] - iCoreConnect Inc. (NASDAQ:ICCT) saw its price rise to $0.072, reflecting a 500% increase due to its robust healthcare technology solutions, including HIPAA-compliant electronic prescription software [2][5] - Turbo Energy, S.A. (NASDAQ:TURB) recorded a price increase to $12.95, a 379% rise, showcasing its expertise in renewable energy solutions, including lithium-ion batteries and AI-based software for energy management [3][5] Market Trends - The significant price movements among these companies reflect broader market trends emphasizing the growing importance of technology and sustainability across various sectors [4] - Investors are increasingly attracted to companies demonstrating innovation, strategic market positioning, and high growth potential, as evidenced by the substantial price increases of these top gainers [4]
Azimut Discovers New High-Grade Gold Zone at Wabamisk, James Bay Region, Québec, Canada
Globenewswire· 2025-08-28 10:30
Core Viewpoint - Azimut Exploration Inc. has discovered a significant gold-bearing zone named the "Rosa Zone" on its Wabamisk Property in the James Bay region of Québec, characterized by high-grade gold results and visible gold occurrences, leading to an expedited transition to drilling planned for fall 2025 [2][3][4]. Summary by Relevant Sections Discovery and Characteristics - The Rosa Zone is outlined over a minimum 700-metre strike with consistent high-grade gold results over 300 metres, featuring visible gold at more than 10 locations along the western part of the zone [3][6]. - Notable results include 29 grab and channel samples with grades above 1.0 g/t Au, including 14 samples exceeding 5.0 g/t Au, with the highest grade reaching 42.0 g/t Au [6]. Geological Context - The zone is situated in the Archean greenstone belt of the La Grande Subprovince, close to the tectono-metamorphic boundary with the Opinaca Subprovince, and is characterized by a shear-hosted quartz vein system [6][9]. - The geometry of the Rosa Zone indicates it is at least 5 to 10 metres thick, with a steep dip to the south and a preliminary definition of a second subparallel gold-bearing trend striking 250 metres south of Rosa [6][9]. Exploration and Development Plans - A follow-up program is scheduled prior to drilling, including mechanical stripping of trenches to further define the zone's geometry [7][8]. - Azimut has made three substantial field discoveries on the Wabamisk Property since regaining full control in 2024, with ongoing exploration programs for other targets in the vicinity, including the Fortin Zone and lithium potential in the Wabamisk East Property [4][8][14]. Company Overview - Azimut Exploration Inc. is recognized for its extensive mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium, and is known for its innovative approach to target generation and partnership development [13][16]. - The company maintains a strong balance sheet and rigorous financial discipline, with strategic investments from major shareholders including Agnico Eagle Mines Limited and Centerra Gold Inc. [17].
Totaligent Inc. Launches Advanced Automation for Faster, Smarter, Effortless Client Onboarding
Globenewswire· 2025-08-19 12:00
Core Insights - Totaligent, Inc. has announced a significant upgrade to its client onboarding experience, enhancing its position in marketing technology [1] - The company has successfully completed quality assurance testing for its core campaign products, which are now fully operational [1] Group 1: Automated Onboarding - Totaligent has introduced a nearly fully automated onboarding experience that reduces onboarding time by over 50%, allowing clients to activate faster [2] - Key features include automated domain detection, DNS and email record configuration, and guided manual instructions for seamless onboarding [9] Group 2: Product Development and Capabilities - The Email, SMS, and Push Notification modules have completed QA testing and are now operational, enabling advanced multi-channel campaigns [3] - The engineering team has implemented a disciplined bi-weekly sprint development process, facilitating rapid feature development while maintaining performance standards [4] Group 3: Leadership Insights - The President of Totaligent, Nicolas Caridi, highlighted the progress made in modernizing the platform, resolving critical delivery issues, and enhancing user experience [5] - The structured sprint cycle has improved the speed and clarity of product updates, reflecting a commitment to reliability and innovation [5] Group 4: Company Overview - Totaligent, Inc. is an AI-powered digital marketing platform that focuses on audience targeting, engagement, and conversion through advanced technologies [7] - The platform integrates various marketing channels, including Email, SMS, Social Media, and Programmatic Advertising, into a single automated ecosystem [7]
Jiayin Group Inc. to Release Second Quarter 2025 Unaudited Financial Results on Wednesday, August 20, 2025
Globenewswire· 2025-08-12 10:00
Core Viewpoint - Jiayin Group Inc. will release its unaudited financial results for the second quarter of 2025 on August 20, 2025, before the U.S. market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call scheduled for August 20, 2025, at 8:00 AM U.S. Eastern Time [1][2] - A live and archived webcast of the conference call will be available on the company's investor relations website [3] Group 2: Company Overview - Jiayin Group Inc. is a leading fintech platform in China, established in 2011, focusing on connecting underserved individual borrowers with financial institutions [4] - The company utilizes advanced big data analytics and sophisticated algorithms for risk assessment, ensuring effective and secure connections [4]
iQIYI to Report Second Quarter 2025 Financial Results on August 20, 2025
Globenewswire· 2025-07-22 09:00
Core Viewpoint - iQIYI, Inc. will report its financial results for the second quarter of 2025 on August 20, 2025, before the U.S. market opens [1] Group 1: Financial Reporting - The earnings conference call is scheduled for 7:00 AM U.S. Eastern Time on August 20, 2025 [1] - Participants must register in advance to receive dial-in numbers, passcode, and unique access PIN [2][3] Group 2: Company Overview - iQIYI, Inc. is a leading provider of online entertainment video services in China, combining creative talent with technology for continuous innovation [5] - The company produces, aggregates, and distributes a wide variety of professionally produced content and other video content in various formats [5] - iQIYI utilizes advanced AI, big data analytics, and proprietary technologies to distinguish itself in the online entertainment industry [5] - The company has developed a diversified monetization model that includes membership services, online advertising, content distribution, online games, IP licensing, talent agency, and online literature [5]
AIFU Announces $31.6 Million Non-Brokered Private Placement
GlobeNewswire News Room· 2025-07-07 11:30
Core Viewpoint - AIFU Inc. has entered into a definitive share purchase agreement to issue 10 million Class A ordinary shares at a price of $3.156 per share, along with warrants for an additional 20 million shares, aiming to raise approximately $31.6 million in gross proceeds [1][3]. Group 1: Share Issuance Details - The share issuance will result in a total of 15,870,271 ordinary shares outstanding, including 13,370,271 Class A and 2,500,000 Class B shares [2]. - The two largest investors in this transaction are expected to hold approximately 24.6% and 19.5% of the total outstanding shares, translating to 1.5% and 1.2% of the total voting power, respectively [2]. Group 2: Use of Proceeds - The net proceeds from the share issuance will be utilized to support the execution of the company's business plans, general working capital, and other corporate purposes as determined by the board of directors [3]. Group 3: Company Overview - AIFU Inc. is a leading AI-driven independent financial services platform in China, founded in 1998, and has developed a comprehensive ecosystem connecting various financial institutions and service providers [6]. - The company leverages AI and big data analytics to enhance operational efficiency and provide personalized services, including automated underwriting and claims processing [8].
Healthcare Customer Relationship Management (CRM) Market Report 2025-2029: Shift Towards Value-Based Care and Population Health Management Anticipated to Generate Significant Market Demand
GlobeNewswire News Room· 2025-06-17 08:23
Core Insights - The Customer Relationship Management (CRM) in Healthcare market is projected to grow by USD 11.50 billion from 2024 to 2029, with a compound annual growth rate (CAGR) of 10.4% during the forecast period [2][3]. Market Drivers - Key drivers for market growth include increasing demand for personalized healthcare services, patient engagement solutions, optimized healthcare processes, and the integration of advanced technologies such as AI, IoT, and big data analytics into CRM solutions [3][4]. - The adoption of cloud-based CRM solutions is a significant growth driver, with rising use of AI and machine learning enhancing CRM capabilities and a shift towards value-based care and population health management expected to generate substantial market demand [4]. Market Segmentation - The CRM in Healthcare market is segmented by component (software and services), deployment (cloud-based and on-premises), technology (AI-powered CRM, mobile CRM, and social CRM), and geographical landscape (North America, Europe, APAC, South America, Middle East, and Africa) [9]. Vendor Analysis - The report includes a detailed vendor analysis of approximately 25 key players in the market, such as Accenture PLC, Allscripts Healthcare Solutions Inc., IBM Corp., Microsoft Corp., Oracle Corp., Salesforce Inc., and Veeva Systems Inc. [7][10]. Trends and Challenges - The report highlights upcoming trends and challenges that will impact market growth, assisting companies in strategizing and leveraging forthcoming opportunities [8].