Motorcycle company extends technical partnership to further integrate and optimize research and development with Siemens Xcelerator , /PRNewswire/ -- Siemens Digital Industries Software has renewed its technical partnership agreement with Ducati Corse, ("Ducati") for the next two years and detailed how the Siemens Xcelerator platform has been instrumental in helping the company to achieve its mission of creating increasingly powerful, safe and sustainable motorcycles. Siemens Digital Industries Software has ...

Core Viewpoint - TotalEnergies is enhancing its natural gas production capabilities in the U.S. by acquiring a 49% interest in natural gas producing assets in the Anadarko Basin from Continental Resources, which will strengthen its LNG value chain integration [1][9]. Group 1: Acquisition Details - The acquisition involves low-cost and long-plateau natural gas assets that are well connected to Henry Hub through existing midstream infrastructure [1][9]. - The acquired assets have the potential to reach a gross production of approximately 350 million standard cubic feet per day (MMscfd) by 2030, sustaining this production level over the long term [2]. - TotalEnergies aims to secure a net gas production of around 150 MMscfd from these assets [2]. Group 2: Strategic Positioning - This acquisition complements previous acquisitions in the Eagle Ford Basin, specifically the Dorado and Constellation assets completed in 2024 [2]. - TotalEnergies operates a technical production of around 500 MMscfd in the Barnett, further enhancing its production capabilities [3]. Group 3: Company Ambitions - TotalEnergies is the world's third-largest LNG player with a global portfolio of 40 million tons per year (Mt/y) in 2024, benefiting from an integrated position across the LNG value chain [4]. - The company aims to increase the share of natural gas in its sales mix to nearly 50% by 2030, focusing on reducing carbon emissions and eliminating methane emissions associated with the gas value chain [4].

Sep 26, 2025 10:22 AM Eastern Daylight Time Siemens Announces Retirement of USA President & CEO Barbara Humpton Share Ann Fairchild appointed Interim President & CEO of Siemens USA WASHINGTON--(BUSINESS WIRE)--Siemens today announced that Barbara Humpton, President and CEO of Siemens USA, will retire from the company effective October 1, 2025. Ann Fairchild, General Counsel for Siemens USA, has been appointed interim President and CEO of Siemens USA effective October 1. During her 14-year tenure with Siemen ...

PARIS & PHOENIX, Ariz.--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), a major integrated energy company, and Cognite, a leader in industrial AI, announced today a new phase of their strategic partnership. This agreement will scale the deployment - over a period of three years - of the Cognite industrial data and AI platform, across all TotalEnergies' operated upstream assets worldwide, covering the entire value chain from drilling to production. The objective is to harness th. ...

Summary of Zhejiang Supcon Technology Co. (688777.SS) Conference Call Company Overview - **Company**: Zhejiang Supcon Technology Co. - **Ticker**: 688777.SS - **Market Cap**: Rmb42.1 billion / $5.9 billion - **Industry**: Process Automation (PA) and Industrial AI Key Takeaways Industry and Market Position - Supcon is the leading supplier of Distributed Control Systems (DCS) in China, holding the No.1 market share in 2024, competing with global peers like Emerson, Honeywell, and Yokogawa, as well as domestic competitors like Hollysys [6][7] - The company derives 57% of its total sales from the (petro)chemicals industry, which is currently facing a challenging capital expenditure (capex) outlook [6][7] Transition to Industrial AI - Supcon is actively transitioning to an industrial AI company, focusing on scaling up investments in AI, including R&D, product development, and sales [1][2] - The transition is expected to take 3 to 5 years, with a shift towards subscription-based software and AI products [2][6] Product Innovations - **TPT 2.0**: Launched in late August 2025, this SaaS platform has seen user growth of approximately 100 new users per day. It features a Mixture of Experts (MoE) architecture aimed at optimizing production processes and ensuring safety [4] - **Robotics Solutions**: Supcon showcased various robotics solutions, including inspection and quadruped robots. In the first half of 2025, robotics solutions generated Rmb110 million in sales, accounting for 3% of total sales, with a gross profit margin of 12% [4] Financial Performance and Outlook - The financial performance in the near term is expected to remain under pressure due to the weak domestic chemicals capex outlook [2][6] - The company plans to start charging subscription fees for TPT 2.0 after 2 to 3 months post-launch, although many customers are still accustomed to one-off sales models [4] Investment Thesis and Risks - The investment thesis holds a neutral view on Supcon's stock due to the domestic chemicals capex weakness, despite the company's strong market position and new initiatives [6][7] - The 12-month price target is set at Rmb40.4, representing a downside of 24.1% from the current price of Rmb53.20 [8] - Key risks include contributions from new initiatives, progress in overseas expansion, and potential gains in the domestic DCS market share [7] Financial Projections - Revenue projections for the upcoming years are as follows: - 2024: Rmb9,138.5 million - 2025E: Rmb8,404.9 million - 2026E: Rmb9,125.3 million - 2027E: Rmb10,128.3 million [8] Additional Insights - The company is increasing its allocation of resources towards AI applications, indicating a strategic pivot in its business model [1] - The robotics segment, while currently small, shows potential for growth as the company continues to innovate and expand its offerings [4] This summary encapsulates the critical insights from the conference call regarding Zhejiang Supcon Technology Co., highlighting its strategic direction, market challenges, and financial outlook.

Industrial AI Adoption & Market Opportunity - Industrial AI 正在经历极端的采用 [1] - NVIDIA 认为物理 AI 和工业 AI 是一个 10 万亿美元的行业 [2] - 工业 AI 不仅仅是数字孪生，它贯穿整个汽车生命周期，从前期设计协作到性能数字孪生 [4] - 工业 AI 被注入到数字孪生的创建中 [14] - 工业 AI 的创建从两个角度考虑：使用 Omniverse 创建工厂或仓库的虚拟版本，并使用 Cosmos 创建无限的变体 [15][16] Digital Twin Transformation - 行业正在从规划数字孪生转型到运营数字孪生，并注入 AI [5][8] - 运营数字孪生中，AI 可用于预测性维护，实时零件规划和机器人路径规划 [7] - 通过 AI 协同，用户可以通过提问来监控生产量，生产线问题等 [12][13] Mobility & Virtual Experience - 使用虚拟配置器查看不同的颜色和装饰组合 [9] - 能够实时体验车辆在不同环境条件下的性能，并最终通过 XR 体验坐在车辆中 [10] - 可以在 XR 中体验自动驾驶的未来 [10] AI-Powered Tools & Platforms - Metropolis 平台连接数千个摄像头，以帮助识别数字孪生如何实时运行 [22] - Isaac 和 Groot 平台用于机器人开发，帮助训练和测试 AMR，AGV，ARM 和人形机器人 [22] - Blueprint 旨在解决查找符合特定场景的数据，创建无限变体并基于数据训练模型的难题 [20][21] Real-World Applications & Partnerships - 已经与 BMW，Keon，Kanti，Rockwell Automation 和 Foxconn 合作实现了数字孪生 [5][25][26] - 与 Accenture 合作，将技术应用于 Keon 的仓库，实时感知数字孪生的每个操作 [24] - 设想与 Service Now 建立深度合作伙伴关系，在工厂车间触发实时警报，从而调试机器人或人员来处理事件 [19]

Core Insights - The article highlights the launch of TPT2, a significant upgrade of the time-series pre-trained transformer model by Zhongkong Technology, marking its strategic shift from an automation product supplier to an industrial AI platform provider [1][4][9] - TPT2 has received strong market interest, with 518 pre-orders and 112 transactions, indicating a robust demand for AI in industrial applications [1][4] - The model is designed to address core needs in process industries, showcasing the untapped potential of industrial AI [1][6] Group 1: Product and Technology - TPT2 is the world's first AI model deeply integrated with the first principles of process industries, utilizing a mixed expert model architecture [1][11] - The platform aims to transform the traditional project-based delivery model into a subscription service, enhancing long-term revenue stability [3][4] - TPT2's application has already been implemented in over 110 projects across various sectors, including petrochemicals and power [3][4] Group 2: Financial Performance - Zhongkong Technology reported a revenue of 9.139 billion yuan for 2024, a 6.02% increase year-on-year, with a net profit of 1.117 billion yuan, reflecting a 1.38% growth [6][7] - The industrial software revenue surged by 20.70% to 2.653 billion yuan, significantly outpacing traditional control business growth [7][8] - The gross margin for industrial software reached 54.03% in the first half of 2025, up from 31.67% in the same period of 2024, indicating effective conversion of AI technology into profitability [7][8] Group 3: Market and Strategic Positioning - The Chinese government's "Artificial Intelligence+" initiative emphasizes the integration of AI and industrial internet as a key driver for new industrialization [9][12] - Zhongkong Technology's TPT2 aligns with national strategies to cultivate intelligent native enterprises and achieve comprehensive intelligence [9][12] - The company is expanding globally, with successful bids in various international projects, showcasing its competitive edge in the global market [12][13] Group 4: Future Outlook - The industrial AI market is poised for significant growth, with TPT2 potentially unlocking a market space of 33 billion yuan annually [8][9] - Zhongkong Technology aims to transition from a product supplier to a platform-based company, enhancing its value proposition in the industrial AI sector [7][8] - The shift towards a subscription-based model is expected to drive sustainable business growth and reshape the economic landscape of industrial AI [3][4]

Core Insights - Zhongkong Technology has launched the TPT 2 time series model, which is based on the MoE (Mixture of Experts) framework, aimed at enhancing industrial intelligence [1] - The TPT 2 model enables closed-loop applications in various production processes through time series data algorithms, helping users ensure production safety and reduce energy and material consumption [1] - The platform shifts from a traditional "one scenario, one model" development approach to an efficient generation of intelligent agents applicable to various industrial setups through language interaction [1] Technology and Innovation - TPT 2 integrates multiple technological systems, advancing industrial applications from traditional tool-based assistants to intelligent agents capable of proactive anomaly detection, risk assessment, and autonomous decision-making [1] - The model replaces various industrial software functions such as simulation, control, optimization, prediction, evaluation, and statistics [1] Industry Collaboration - Zhongkong Technology has established the "Industrial AI Data Alliance" in collaboration with over 130 leading industry enterprises, design institutes, general contractors, and service providers [1] - The alliance aims to promote the scenario-based and large-scale application of industrial data, addressing industry challenges related to data immobility, underutilization, and insufficient collaboration [1]

So you and I have talked about the promise of industrial AI. We're coming off of blowout earnings from Palunteer today. Is the promise here. >> Promise is absolutely here.I mean for last uh you know I've been in this industry for more than three decades. One thing I hear now which I've never heard is customers are short of people and it sound uh you know they don't have skilled people to run their operations and they are looking for a substitute that what to do differently because you can't have more people ...

Core Viewpoint - Baker Hughes is positioning itself to benefit from the increasing interconnection between energy infrastructure, digital automation, and defense spending, particularly in areas like unmanned systems and energy resilience [1][5]. Group 1: Company Overview - Baker Hughes is primarily known for providing energy and oilfield services, making its earnings sensitive to oil and natural gas prices [2]. - The company is transforming into a technology-driven industrial player, focusing on digital infrastructure, industrial AI, and process optimization [3][9]. Group 2: Financial Performance - Baker Hughes reported revenue of $6.8 billion, with a 130-basis-point increase in operating margin, indicating strong financial performance [8]. - The Industrial & Energy Technology (IET) segment generated $2.8 billion in revenue, growing 13% year over year, driven by demand for electrification and automation tools [13]. Group 3: Market Position and Strategy - The U.S. defense budget for fiscal 2025 is projected to exceed $900 billion, with significant allocations towards unmanned systems and energy resilience, creating potential opportunities for Baker Hughes [4][5]. - Baker Hughes is pivoting towards technologies that support electrification and energy efficiency, which aligns with the U.S. Department of Defense's increasing focus on tech-forward industrial partners [10]. Group 4: Stock Performance and Valuation - Baker Hughes stock has seen a year-to-date increase of approximately 6.8%, with a notable jump of over 9.5% following its second-quarter earnings report [6]. - The stock is currently trading at a forward P/E ratio of 16.8x, which is reasonable relative to the sector average, and the company has approved a $3 billion share repurchase authorization [16].