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777 game WASHINGTON — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a national ground stop for the airline. The order, which prevented planes from taking off, was issued at the airline's request. The airline said in an email that the problem was caused by trouble with vendor technology that maintains its flight operating system. An American Airlines employee wearing looks toward quiet check-in counters Tuesday in the American terminal at Miami International Airport in Miami. Dennis Tajer, a spokesperson for the Allied Pilots Association, a union representing American Airlines pilots, said the airline told pilots at 7 a.m. Eastern that there was an outage affecting the system known as FOS. It handles different types of airline operations, including dispatch, flight planning, passenger boarding, as well as an airplane's weight and balance data, he said. Some components of FOS have gone down in the past, but a systemwide outage is rare, Tajer said. Flights were delayed across American's major hubs, with only 37% leaving on time, according to Cirium, an aviation analytics company. Out of the 3,901 domestic and international American Airlines flights scheduled for Tuesday, 19 were canceled. Cirium noted that the vast majority of flights departed within two hours of their scheduled departure time. A similar percentage — 36% — arrived at their destinations as scheduled. Meanwhile, the flight-tracking site FlightAware reported that 3,712 flights entering or leaving the U.S., or serving domestic destinations, were delayed Tuesday, with 55 flights canceled. It did not show any flights from American Airlines. Cirium said Dallas-Fort Worth, New York's Kennedy Airport and Charlotte, North Carolina, saw the greatest number of delays. Washington, Chicago and Miami experienced considerably fewer delays. Travelers wait in line for security checks Tuesday at the Los Angeles International Airport in Los Angeles. Amid the travel problems, significant rain and snow were expected in the Pacific Northwest at least into Christmas Day. Showers and thunderstorms developed in the South. Freezing rain was reported in the Mid-Atlantic region near Baltimore and Washington, and snow fell in New York. Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. Any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta and United, have "interline agreements" that let them put stranded customers on another carrier's flights. An American Airlines employee wearing a Santa Claus hat walks through the American terminal Tuesday at Miami International Airport in Miami. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers an automatic cash refund for a canceled or significantly delayed flight. Most air travelers were already eligible for refunds, but they often had to request them. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. Finding a last-minute flight on another airline tends to be expensive. An American spokesperson said Tuesday was not a peak travel day for the airline — with about 2,000 fewer flights than the busiest days — so the airline had somewhat of a buffer to manage the delays. The groundings happened as millions of travelers were expected to fly over the next 10 days. The Transportation Security Administration expects to screen 40 million passengers through Jan. 2. Airlines expect to have their busiest days on Thursday, Friday and Sunday. American Airlines employees check in travelers Tuesday in the American terminal at Miami International Airport in Miami. Many flights during the holidays are sold out, which makes cancellations more disruptive than during slower periods. Even with just a brief outage, the cancellations have a cascading effect that can take days to clear up. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. "Airline travel is just really high right now, but most people do drive to their destinations, and that is true for every holiday," AAA spokesperson Aixa Diaz said. Gasoline prices are similar to last year. The nationwide average Thursday was $3.04 a gallon, down from $3.13 a year ago, according to AAA. Charging an electric vehicle averages just under 35 cents per per kilowatt hour, but varies by state. Transportation-data firm INRIX says travel times on the nation's highways could be up to 30% longer than normal over the holidays, with Sunday expected to see the heaviest traffic. "It's not the destination, it's the journey," said American essayist Ralph Waldo Emerson. Ralph clearly was not among the travellers on one of more than 350 cancelled or 1,400 delayed flights after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software in July of 2023. U.S. airlines carried nearly 863 million travellers in 2023, with Canadian carriers accounting for another 150 million, many of whom experienced lost luggage, flight delays, cancellations, or were bumped off their flights. It's unclear how many of them were compensated for these inconveniences. Suffice it to say, posting a crabby rant on social media might temporarily soothe anger, but it won't put wasted money back in pockets. Money.ca shares what to know in order to be compensated for the three most common air travel headaches. Bags elected to go on a vacay without you? Check off the following: If you expect a large payout, think again. Tariffs (air carrier contracts) limit the compensation amounts for "loss of, damage to, or the delay in delivery of baggage or other personal property." In the case of Air Canada, the maximum payout is $1,500 per passenger in the currency of the country where the baggage was processed. To raise that limit, purchase a Declaration of Higher Value for each leg of the trip. The charge is $0.50 for each $100, in which case the payout limit is $2,500. For Delta Air Lines, passengers are entitled to up to $3,800 in baggage compensation, though how much you'll receive depends on your flight. Delta will pay up to $2,080 for delayed, lost, and damaged baggage for international travellers, almost half of what U.S. domestic passengers can claim. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Different air carriers and jurisdictions have their own compensation policies when flights are delayed or cancelled. For example, under European Union rules, passengers may receive up to 600 Euros, even when travelling on a non-EU carrier. Similarly, the DOT states that travellers are entitled to a refund "if the airline cancelled a flight, regardless of the reason, and the consumer chooses not to travel." However, US rules regarding delays are complicated. Some air carriers, such as Air Canada, do not guarantee their flight schedules. They're also not liable for cancellations or changes due to "force majeure" such as weather conditions or labour disruptions. If the delay is overnight, only out-of-town passengers will be offered hotel accommodation. Nevertheless, many airlines do offer some compensation for the inconvenience. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. In terms of cash compensation, what you'll get can differ significantly based on things like departure location, time, carrier, and ticket class. The DOT offers a helpful delay and cancellations dashboard designed to keep travellers informed about their compensation rights. The dashboard is particularly helpful because, as the DOT states on its website, "whether you are entitled to a refund depends on a lot of factors—such as the length of the delay, the length of the flight, and your particular circumstances." The Canadian Transportation Agency is proposing air passenger protection regulations that guarantee financial compensation to travellers experiencing flight delays and cancellations, with the level of compensation varying depending on the situation and how much control the air carrier had. The proposed regulations include the following: The airline is obligated to complete the passenger's itinerary. If the new ticket is for a lower class of service, the air carrier would have to refund the cost difference; if the booking is in a higher class of service, passengers cannot be charged extra. If the passenger declines the ticket, the airline must give a full refund, in addition to the prescribed compensation. For overnight delays, the air carrier needs to provide hotel accommodation and transportation free-of-charge. Again, if you are unsatisfied, the Canadian Transportation Agency or Department of Transportation may advocate on your behalf. Passengers get bumped because airlines overbook. When this happens, the air carrier must compensate you. For international flights in the US, the rate is 200% of your one-way fare to your final destination, with a $675 maximum. If the airline does not make travel arrangements for you, the payout is 400% of your one-way fare to a maximum of $1,350. To qualify, you must check-in by the stated deadline, which on international flights can be up to 3 hours ahead. Keep in mind that if you accept the cash, you are no longer entitled to any further compensation, nor are you guaranteed to be rebooked on a direct flight or similar type of seat. Don't be too quick to give up your boarding pass. Negotiate for the best compensation deal that would include cash, food and hotel vouchers, flight upgrade, lounge passes, as well as mileage points. But avoid being too greedy—if the gate attendant is requesting volunteers and you wait too long, you'll miss the offer. According to Air Canada's tariff, if a passenger is involuntarily bumped, they'll receive $200, in cash or bank draft, for up to a two-hour delay; $400 for a 2-6 hours delay; and $800 if the delay is over six hours. (Air Canada was forced to raise its payouts in 2013 due to passenger complaints.) The new rules would raise the payout significantly: $900 for up to six hours; $1,800 for 6-9; and $2,400 for more than nine hours, all to be paid within 48 hours. Statistically speaking, Delta Airlines is the carrier most likely to bump. A few years ago, Delta raised its payout maximum to $9,950, while United Airlines tops out at $10,000. This story was produced by Money.ca and reviewed and distributed by Stacker. Get local news delivered to your inbox!Tottenham star played for 60 minutes with a broken ankle during Man City win

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ChatGPT opened the floodgates. But many people don’t realize there’s a whole world of generative AI tools and applications out there, just waiting to be explored. Whether you’re struggling to overcome a case of writer’s block, lack the artistic aptitude to do your imagination justice, or just need a hand crafting efficient computer code, generative AI can help augment and streamline both your professional and creative endeavors. Yet, amid the seemingly endless variety of AI assistants currently on offer, finding the right one for your needs can prove a daunting task. So, let’s delve into some of the most impressive AI tools that are pushing the boundaries of innovation, including the best AI chatbots , the best AI image generators , and much more. The best AI tools for image generation One of the first AI image generators to be released back in 2022, Midjourney has proven immensely popular with users and art critics alike . It can output high-definition, photorealistic images in countless artistic styles based on natural language text prompts. Originally only available through the company’s Discord server, Midjourney can now be accessed through a streamlined web portal . While the website’s gallery of generated art is free to browse, you will need to subscribe to a monthly service plan (which range from $10 to $120) in order to generate images of your own. While not as creatively robust as Midjourney — only able to generate images in one of five preset artistic styles — Ideogram does offer a generous free tier that allows users to generate up to 40 images per day. Paid tiers range from $7 to $48 per month and offer a host of benefits, from additional compute resources and priority access to full-quality image downloads. The company also boasts an iOS app and an API that it claims will “offer superior image quality at a lower cost compared to other models.” This is OpenAI’s in-house text-to-image generator and runs atop the company’s GPT-4 model. Originally released in September 2023, it was initially only available to paid tier subscribers. OpenAI expanded its availability to free tier users this past August, though you’ll only be able to generate two images per day at that subscription level. Dall-E 3 is also available through Microsoft’s Copilot chatbot. If you’re looking to create high-quality images without the strict production limits that ChatGPT enforces, Google’s Imagen 3 is a solid option. It’s available through the Gemini chatbot , including the free tier, and offers higher-quality outputs with fewer artifacts than its previous versions. Note, however, that the system will not generate images of people, famous or not, unless you subscribe to Gemini Advanced (which costs $20 per month). Grok 2 is the text-to-image generator for people uninterested in adhering to copyright law. Developed for Elon Musk’s xAI company, and available on X, Grok 2 isn’t restricted by minor inconveniences like safety and legal guardrails, as other image generators are. Want to see Mickey Mouse fighting Darth Vader atop a 747 as it flies into the World Trade Center? Grok will generate it, no questions asked. You will, however, need to pony up $8 for a premium subscription to X in order to access it. Runway’s Gen 3 Alpha is a relatively new model, having been released in June of 2024, and is capable of creating both still images and video clips with nearly photorealistic quality based on the user’s natural language prompts. The company recently announced that it will begin integrating a new foundational model, dubbed Frames , into the Gen 3 platform that will offer unprecedented control over the image creation process, enabling users to generate multiple image variants while maintaining a specific aesthetic style, whether that’s mimicking 35mm disposable camera shots or retro anime motifs. Subscription prices run from $12 to $76 per month, though the company does offer a limited free tier as well. The best AI tools for image editing Skylum’s Luminar Neo is a photo editing suite designed with professional photographers in mind. It offers many of the same powerful tools as Adobe Photoshop, but outsources much of their functionality to AI. This enables users to accomplish numerous common tasks, from adjusting color balance and lighting levels to tweaking the look of the sky, water, and skin tones, with a single click. Luminar Neo might be a bit pricey for casual users, costing $421 for a yearly subscription or as a lifetime subscription for $577. It’s available on both Windows and Mac, as well as a plugin for Photoshop, Photos, and Lightroom. Canva is a multifunction creative platform that offers everything from digital whiteboarding, data visualization, and marketing material templates to photo, video, and YouTube editing features. While you can easily make minor adjustments like cropping, adding filters and adjusting aspect ratios using the site’s free editor, Canva Pro offers a number of additional AI-empowered tools. Select, move, resize, and even erase individual objects within an image; extract and modify text on flattened images; and even generatively expand the image’s background, all with a few simple clicks. Canva Pro costs $120 per year for a single user license. This online photo editing suite has served as a free and user-friendly alternative to Photoshop since it was released in 2008. Last November, the company debuted a number of AI features including image generation, a generative fill tool, AI background removal, AI face swap, and image expansion to help round out the tool set’s functionality. While the interface is geared more for casual users and may not be as precise and granular as what Photoshop offers, you can’t beat free. If you only need to do some light retouching work on your images, the Topaz Photo AI suite offers eight enhancement tools: Denoise, Sharpen, Upscale, Recover Faces, Remove Objects, Preserve Text, Adjust Lighting, and Balance Color. It’s not a true replacement for full-function photo editors like Photoshop, but it is available without an annual subscription, for a flat rate of just $199 with version upgrades costing $99. Adobe’s Firefly AI doesn’t just generate images and video from text prompts, it also empowers a number of AI features throughout the Adobe product ecosystem. That includes the Generative Fill tool in Photoshop, text effects in Adobe Express, vector and pattern generation in Illustrator, and Generative Extend in Premiere Pro. You will need to subscribe to Adobe’s Creative Cloud suite in order to access these features, though they can either be purchased individually (the image generator, for example, costs $5/month while Photoshop costs $23) or you can pick up all 20-plus Adobe apps for $60 per month. Best AI for video generation While Luma Dream Machine may be designed with fashion, marketing and filmmaking professionals in mind, it’s built as a subscription-based service with both casual and professional users in mind. Unlike conventional AI tools, Dream Machine does not require precise and exhaustive prompting to generate the desired effect, but rather, interprets the user’s natural language request intuitively. It also accepts multi-image prompting and single-image character references so users can show the AI what they have in mind. Luma does not offer a free tier, though a “hobbyist” subscription costs just $10 per month. Kling AI video-generation system from China’s Kuaishou Technology offers photorealistic outputs on par with what we’ve seen from OpenAI’s Sora and is already available to users around the world. It can generate high-definition videos up to two minutes in length (double what Sora can) at up to 30 frames per second and 720p resolutions (slightly less than Sora’s 1080p output). Each clip starts out at just five seconds in length but can be extended in 4.5-second increments by purchasing additional credits. Just be warned that the system is blocked from generating politically-sensitive subjects. Synthesia is a bit more niche than the other video generators we’ve discussed so far. It’s designed specifically to generate video avatars from the user’s text prompts making it ideal for business applications like onboarding and training videos, sales presentations, and internal communications. Users can choose from one of more than 130 avatar models speaking 140 different languages and over 60 video templates. The free tier allows you to generate a single three-minute video per month and your choice of nine avatars, while the $30/month Starter tier and $90/month creator tier offer significantly more benefits. Vyond offers similar functionality to Synthesia in that it generates AI avatars for training videos based on the user’s text prompts, however, this service relies on animated characters rather than live actors. You also have the option to record yourself performing specific actions or movements and Vyond will motion match its animation to them. Plans start at $49 per month, which also includes access to an added video editor, though anything you produce at that tier will be watermarked with Vyond’s logo. The best AI for text generation ChatGPT , the chatbot that launched the AI boom in 2022, remains at the forefront of the industry with an estimated 200 million active weekly users. Trained on huge quantities of written content including websites, books, social media posts, and news articles, ChatGPT is equally adept at answering general knowledge queries and compiling computer code as it is at generating creative prose . It was also the first chatbot to offer a conversational feature in Advanced Voice Mode that allows users to interact with the chatbot as if it were a person, doing away with the need for text-based prompts. ChatGPT is available on the web as well as on iOS and Android. It’s free to use, though subscribing to the $20/month ChatGPT-Plus plan will give you increased access to the company’s latest AI models and features. Copilot answers the question “what if ChatGPT worked natively within Microsoft’s 365 app ecosystem?” Which is exactly what it does. Microsoft has invested billions in OpenAI’s business and, as such, its Copilot AI runs atop the startup’s GPT-4o LLM. However, Copilot is more than just a reskinned ChatGPT. For one, Copilot does not restrict users from generating images without paying for a subscription to its premium plan as ChatGPT does. For another, its functionality can be integrated across Microsoft’s products, helping users generate text in Word , create graphs and tables in Excel , and draft emails in Outlook . Google’s Gemini chatbot may have gotten off to a bit of a rocky start upon its official debut in February but the AI assistant has quickly grown into a potent rival to ChatGPT, offering much of the same functions and features. Those include the ability to generate text, images, video, audio, and code, converse with users verbally with Gemini Live, and integrate with Google’s Workspace app suite. It can gin up email responses in Gmail, search for files in Drive, create content for Slides, and draft text in Docs, all through the user’s natural language prompts. Gemini is free to use and is available on the web as well as through its iOS and Android apps, but if you want to access the AI’s more advanced features (and Workspace integrations), you’ll need to subscribe to the company’s $20/month Google One AI Premium service. Perplexity’s AI assistant offers a unique alternative to traditional search engines. Rather than simply return a list of websites in response to a user’s query as Google search does, this chatbot scours the internet for relevant information, then synthesizes an answer to the user’s question directly in the chat window. It essentially eliminates the need to click through to individual websites to find the information you’re looking for. Built atop the GPT-4 model and available on Android, iOS, as well as on the web, Perplexity is free to use. The company also offers a Pro subscription plan for $20/month (or $200/year) that grants you access to additional AI models including GPT-4 Omni and Claude 3 Sonnet and Haiku , as well as a host of additional benefits. Unlike generalized chatbots like ChatGPT and Gemini, Jasper AI is all business. It is designed to generate text for emails, blogs, social media posts, and marketing materials, all while maintaining your company’s distinctive tone, voice, and brand style. The platform includes Jasper Chat, which assists with research tasks and offers writing advice, as well as can help maximize the SEO score of your marketing content. Jasper is only available on a subscription basis, with plans starting at $40 per month per user, though the company does offer a seven-day trial. The best AI for audio and voice generation ElevenLabs knows how to make a machine talk. The company is a leader in generative speech technology, offering a variety of audio-centric services from automatic voice dubbing and cloning to text-to-speech and text-to-SFX. Users can select from thousands of unique voices (including those of famous celebrities ), all trained on public domain and licensed data, in any of 32 languages. Ideal for podcasting, audio book narration, and conversational AI applications, the company’s products are available at a variety of pricing tiers ranging from free up to $99 per month. Why read a document when you can have Speechify read it to you four and a half times faster? The company’s voiceover technology can recite nearly any document you present to it in one of 200 voices (including your own through its voice cloning feature) in more than 60 languages. Speechify is available as a Chrome extension, a Mac app, a web app, iOS or Android app. The mobile apps can also read physical documents using your phone’s camera to scan the page. Speechify’s free tier limits you to simple text-to-speech in just 10 voices, while the $12/month premium tier unlocks the service’s full functionality. Respeecher specializes in voice cloning for celebrities, content creators, voice actors, game designers, and other professional applications. The company’s AI model essentially enables one person to speak in the voice of another. “We take recordings of the ‘target voice’ (the voice that is being replicated), train our system, and apply it to a ‘source speaker’ (the actor reading the lines),” the Respeecher’s FAQ explains. “It features all the emotions, intonations, and nuances of a real human voice.” The company offers a wide range of celebrity voices including Chris Farley and Richard Nixon, the latter of which earned Speechify an Emmy in 2019. Subscription plans start at $18 per month for basic text-to-speech (up to 100,000 characters per month and range up to $500 per month for the Power tier, which offers 900 minutes of speech-to-speech and 3 million characters of text-to-speech generation in more than 100 voices and 13 accents. If you fancy yourself a musician but can’t carry a tune, Controlla Voice can help. Its generative model can train an “AI Singing Voice” that sounds like you, based on 15-30 minutes of sample audio, then apply it to songs from the company’s extensive catalog, or blend your voice with others from their licensed stable of voice actors to generate unique vocals. You can even convert the vocals in existing songs from other artists into your voice for low-effort covers. Subscription prices run from $12 to $30 per month. The best AI for coding Anthropic’s Claude chatbot may not be able to generate images or speak to you conversationally, but it utterly excels at coding applications. Its latest iteration, Claude 3.5 Sonnet , drastically outperforms the likes of Gemini 1.5 Pro and ChatGPT-4o across a broad swath of leading industry benchmarks. Claude was also the first chatbot to offer a collaborative window (dubbed Artifacts ) that previews what the AI is generating outside of the chat stream. The chatbot is available free to all users on the web, iOS, and Android, though subscribing to the $20/month Pro or $30/month Teams tiers will grant you priority access to the latest and greatest models that Anthropic has to offer. Developed through a partnership between Github and OpenAI, GitHub Copilot acts as an AI autocomplete, to help users in the Visual Studio Code, Visual Studio, Neovim, and JetBrains IDEs generate code faster than they can on their own. Users can present Copilot with a coding problem, phrased in natural language, and the assistant will automatically generate a solution code. Conversely, it can also explain what a given snippet of code does as well as convert snippets between various coding languages. You can use Github Copilot for free, though upgrading to either the $4/month Pro or $21/month Enterprise tiers will, of course, give you additional resources and features. Similar to Copilot, Amazon’s CodeWhisperer is a general use coding assistant that will automatically generate suggestions and code recommendations based on your existing inputs, in real time. It’s available for the JetBrains and Visual Studio IDEs and also supports natural language-to-bash translation in the Mac command line. The free tier only offers limited access to the system’s more advanced features, so you’ll have to pony up $20/month if you want to unlock its full capabilities. Cursor AI is a coding assistant in the same vein as Codewhisperer but can offer autocomplete suggestions across multiple lines of code, based on your previous inputs. It also offers a smart rewrite function that automatically corrects your typos and syntax errors so you spend less time tracking down errant quotation marks and parentheses while debugging, as well as cursor prediction that guesses where your cursor needs to be next, enabling you to navigate through your project faster and more efficiently. It even offers a chatbot assistant (leveraging GPT-4, GPT-4o, and Claude 3.5 Sonnet) that can answer questions about either the entire active file or specific selected code blocks. The chatbot can even edit that highlighted code based on your natural language instructions. Cursor AI is available for the Mac, Windows, and Linux operating systems. You can try it out free for two weeks before a $20/month Pro or $40/user/month Business subscription is required. The best AI to integrate with the rest of your app ecosystem Meta, Facebook’s parent company, has been investing heavily in AI over the past few years and has recently begun incorporating the smart features found in rivals like Gemini and Copilot to its own product portfolio. “More than 400 million people are using Meta AI monthly, with 185 million people using it across our products each week,” the company boasted in a September blog post . The company now offers a conversational AI similar to Advanced Voice Mode in Messenger, Facebook, WhatsApp, and Instagram DM. It can answer questions about photos shared in your group chats, generate custom backgrounds for images you reshare from your feed to Instagram Stories, and automatically translate the audio of your Instagram Reels. It can also generate images to share on your feed, Stories, and set as your Facebook profile picture. So when you find yourself wondering why there’s so much AI slop clogging up Facebook and Insta, understand that it is a feature Meta has spent billions developing, not a bug. Microsoft has dumped north of $10 billion into its partnership with OpenAI, so of course it’s going to shoehorn ChatGPT’s generative capabilities into every single product it possibly can. In addition to the Copilot chatbot itself, Microsoft has developed and released Copilot Pages, which function much like Claude’s Artifacts or ChatGPT’s Canvas. The company has also integrated it into Outlook to help you manage your inbox by prioritizing which messages to respond to first and quickly draft email replies. 365 Copilot can also help you rapidly establish a cohesive narrative in your PowerPoint presentations by generating pitch decks whole cloth from your natural language prompt that maintain a consistent tone and brand voice. In Excel, Copilot does the heavy lifting of generating formulas, graphs, and charts based, again, on the user’s prompt. And in Teams, Copilot can monitor your video meetings and provide summaries of what happened as well as generate actionable item lists based on what was discussed. Gemini does for Google’s Workspace app suite what Copilot does for Microsoft’s. The AI assistant can help draft emails in Gmail , write documents in Docs, generate graphs and charts in Sheets, create and modify slides in Slides, find files in Drive, and provide live-translated captions and take notes in Meet. If you don’t already have a personal Google One AI Premium subscription, you’ll have to ask your Workspace admin to grant you access. Apple Intelligence may be the new kid on the AI block, but it is promising to be more deeply integrated within its product ecosystem than any other currently on the market. Designed to serve as an overarching agent acting on the user’s behalf, it promises to streamline monotonous everyday tasks, make Siri a better conversationalist, automate proofreading and text summarization across the company’s myriad apps, and offer lightning-fast image generation. It is currently available to all devices running iOS 18 , iPadOS 18 , and MacOS Sequoia — basically, the iPhone 15 Pro and 15 Pro Max (and newer), as well as iPads and Macs with M1 or newer chips.ChatGPT opened the floodgates. But many people don’t realize there’s a whole world of generative AI tools and applications out there, just waiting to be explored. Whether you’re struggling to overcome a case of writer’s block, lack the artistic aptitude to do your imagination justice, or just need a hand crafting efficient computer code, generative AI can help augment and streamline both your professional and creative endeavors. Yet, amid the seemingly endless variety of AI assistants currently on offer, finding the right one for your needs can prove a daunting task. So, let’s delve into some of the most impressive AI tools that are pushing the boundaries of innovation, including the best AI chatbots , the best AI image generators , and much more. The best AI tools for image generation One of the first AI image generators to be released back in 2022, Midjourney has proven immensely popular with users and art critics alike . It can output high-definition, photorealistic images in countless artistic styles based on natural language text prompts. Originally only available through the company’s Discord server, Midjourney can now be accessed through a streamlined web portal . While the website’s gallery of generated art is free to browse, you will need to subscribe to a monthly service plan (which range from $10 to $120) in order to generate images of your own. While not as creatively robust as Midjourney — only able to generate images in one of five preset artistic styles — Ideogram does offer a generous free tier that allows users to generate up to 40 images per day. Paid tiers range from $7 to $48 per month and offer a host of benefits, from additional compute resources and priority access to full-quality image downloads. The company also boasts an iOS app and an API that it claims will “offer superior image quality at a lower cost compared to other models.” This is OpenAI’s in-house text-to-image generator and runs atop the company’s GPT-4 model. Originally released in September 2023, it was initially only available to paid tier subscribers. OpenAI expanded its availability to free tier users this past August, though you’ll only be able to generate two images per day at that subscription level. Dall-E 3 is also available through Microsoft’s Copilot chatbot. If you’re looking to create high-quality images without the strict production limits that ChatGPT enforces, Google’s Imagen 3 is a solid option. It’s available through the Gemini chatbot , including the free tier, and offers higher-quality outputs with fewer artifacts than its previous versions. Note, however, that the system will not generate images of people, famous or not, unless you subscribe to Gemini Advanced (which costs $20 per month). Grok 2 is the text-to-image generator for people uninterested in adhering to copyright law. Developed for Elon Musk’s xAI company, and available on X, Grok 2 isn’t restricted by minor inconveniences like safety and legal guardrails, as other image generators are. Want to see Mickey Mouse fighting Darth Vader atop a 747 as it flies into the World Trade Center? Grok will generate it, no questions asked. You will, however, need to pony up $8 for a premium subscription to X in order to access it. Runway’s Gen 3 Alpha is a relatively new model, having been released in June of 2024, and is capable of creating both still images and video clips with nearly photorealistic quality based on the user’s natural language prompts. The company recently announced that it will begin integrating a new foundational model, dubbed Frames , into the Gen 3 platform that will offer unprecedented control over the image creation process, enabling users to generate multiple image variants while maintaining a specific aesthetic style, whether that’s mimicking 35mm disposable camera shots or retro anime motifs. Subscription prices run from $12 to $76 per month, though the company does offer a limited free tier as well. The best AI tools for image editing Skylum’s Luminar Neo is a photo editing suite designed with professional photographers in mind. It offers many of the same powerful tools as Adobe Photoshop, but outsources much of their functionality to AI. This enables users to accomplish numerous common tasks, from adjusting color balance and lighting levels to tweaking the look of the sky, water, and skin tones, with a single click. Luminar Neo might be a bit pricey for casual users, costing $421 for a yearly subscription or as a lifetime subscription for $577. It’s available on both Windows and Mac, as well as a plugin for Photoshop, Photos, and Lightroom. Canva is a multifunction creative platform that offers everything from digital whiteboarding, data visualization, and marketing material templates to photo, video, and YouTube editing features. While you can easily make minor adjustments like cropping, adding filters and adjusting aspect ratios using the site’s free editor, Canva Pro offers a number of additional AI-empowered tools. Select, move, resize, and even erase individual objects within an image; extract and modify text on flattened images; and even generatively expand the image’s background, all with a few simple clicks. Canva Pro costs $120 per year for a single user license. This online photo editing suite has served as a free and user-friendly alternative to Photoshop since it was released in 2008. Last November, the company debuted a number of AI features including image generation, a generative fill tool, AI background removal, AI face swap, and image expansion to help round out the tool set’s functionality. While the interface is geared more for casual users and may not be as precise and granular as what Photoshop offers, you can’t beat free. If you only need to do some light retouching work on your images, the Topaz Photo AI suite offers eight enhancement tools: Denoise, Sharpen, Upscale, Recover Faces, Remove Objects, Preserve Text, Adjust Lighting, and Balance Color. It’s not a true replacement for full-function photo editors like Photoshop, but it is available without an annual subscription, for a flat rate of just $199 with version upgrades costing $99. Adobe’s Firefly AI doesn’t just generate images and video from text prompts, it also empowers a number of AI features throughout the Adobe product ecosystem. That includes the Generative Fill tool in Photoshop, text effects in Adobe Express, vector and pattern generation in Illustrator, and Generative Extend in Premiere Pro. You will need to subscribe to Adobe’s Creative Cloud suite in order to access these features, though they can either be purchased individually (the image generator, for example, costs $5/month while Photoshop costs $23) or you can pick up all 20-plus Adobe apps for $60 per month. Best AI for video generation While Luma Dream Machine may be designed with fashion, marketing and filmmaking professionals in mind, it’s built as a subscription-based service with both casual and professional users in mind. Unlike conventional AI tools, Dream Machine does not require precise and exhaustive prompting to generate the desired effect, but rather, interprets the user’s natural language request intuitively. It also accepts multi-image prompting and single-image character references so users can show the AI what they have in mind. Luma does not offer a free tier, though a “hobbyist” subscription costs just $10 per month. Kling AI video-generation system from China’s Kuaishou Technology offers photorealistic outputs on par with what we’ve seen from OpenAI’s Sora and is already available to users around the world. It can generate high-definition videos up to two minutes in length (double what Sora can) at up to 30 frames per second and 720p resolutions (slightly less than Sora’s 1080p output). Each clip starts out at just five seconds in length but can be extended in 4.5-second increments by purchasing additional credits. Just be warned that the system is blocked from generating politically-sensitive subjects. Synthesia is a bit more niche than the other video generators we’ve discussed so far. It’s designed specifically to generate video avatars from the user’s text prompts making it ideal for business applications like onboarding and training videos, sales presentations, and internal communications. Users can choose from one of more than 130 avatar models speaking 140 different languages and over 60 video templates. The free tier allows you to generate a single three-minute video per month and your choice of nine avatars, while the $30/month Starter tier and $90/month creator tier offer significantly more benefits. Vyond offers similar functionality to Synthesia in that it generates AI avatars for training videos based on the user’s text prompts, however, this service relies on animated characters rather than live actors. You also have the option to record yourself performing specific actions or movements and Vyond will motion match its animation to them. Plans start at $49 per month, which also includes access to an added video editor, though anything you produce at that tier will be watermarked with Vyond’s logo. The best AI for text generation ChatGPT , the chatbot that launched the AI boom in 2022, remains at the forefront of the industry with an estimated 200 million active weekly users. Trained on huge quantities of written content including websites, books, social media posts, and news articles, ChatGPT is equally adept at answering general knowledge queries and compiling computer code as it is at generating creative prose . It was also the first chatbot to offer a conversational feature in Advanced Voice Mode that allows users to interact with the chatbot as if it were a person, doing away with the need for text-based prompts. ChatGPT is available on the web as well as on iOS and Android. It’s free to use, though subscribing to the $20/month ChatGPT-Plus plan will give you increased access to the company’s latest AI models and features. Copilot answers the question “what if ChatGPT worked natively within Microsoft’s 365 app ecosystem?” Which is exactly what it does. Microsoft has invested billions in OpenAI’s business and, as such, its Copilot AI runs atop the startup’s GPT-4o LLM. However, Copilot is more than just a reskinned ChatGPT. For one, Copilot does not restrict users from generating images without paying for a subscription to its premium plan as ChatGPT does. For another, its functionality can be integrated across Microsoft’s products, helping users generate text in Word , create graphs and tables in Excel , and draft emails in Outlook . Google’s Gemini chatbot may have gotten off to a bit of a rocky start upon its official debut in February but the AI assistant has quickly grown into a potent rival to ChatGPT, offering much of the same functions and features. Those include the ability to generate text, images, video, audio, and code, converse with users verbally with Gemini Live, and integrate with Google’s Workspace app suite. It can gin up email responses in Gmail, search for files in Drive, create content for Slides, and draft text in Docs, all through the user’s natural language prompts. Gemini is free to use and is available on the web as well as through its iOS and Android apps, but if you want to access the AI’s more advanced features (and Workspace integrations), you’ll need to subscribe to the company’s $20/month Google One AI Premium service. Perplexity’s AI assistant offers a unique alternative to traditional search engines. Rather than simply return a list of websites in response to a user’s query as Google search does, this chatbot scours the internet for relevant information, then synthesizes an answer to the user’s question directly in the chat window. It essentially eliminates the need to click through to individual websites to find the information you’re looking for. Built atop the GPT-4 model and available on Android, iOS, as well as on the web, Perplexity is free to use. The company also offers a Pro subscription plan for $20/month (or $200/year) that grants you access to additional AI models including GPT-4 Omni and Claude 3 Sonnet and Haiku , as well as a host of additional benefits. Unlike generalized chatbots like ChatGPT and Gemini, Jasper AI is all business. It is designed to generate text for emails, blogs, social media posts, and marketing materials, all while maintaining your company’s distinctive tone, voice, and brand style. The platform includes Jasper Chat, which assists with research tasks and offers writing advice, as well as can help maximize the SEO score of your marketing content. Jasper is only available on a subscription basis, with plans starting at $40 per month per user, though the company does offer a seven-day trial. The best AI for audio and voice generation ElevenLabs knows how to make a machine talk. The company is a leader in generative speech technology, offering a variety of audio-centric services from automatic voice dubbing and cloning to text-to-speech and text-to-SFX. Users can select from thousands of unique voices (including those of famous celebrities ), all trained on public domain and licensed data, in any of 32 languages. Ideal for podcasting, audio book narration, and conversational AI applications, the company’s products are available at a variety of pricing tiers ranging from free up to $99 per month. Why read a document when you can have Speechify read it to you four and a half times faster? The company’s voiceover technology can recite nearly any document you present to it in one of 200 voices (including your own through its voice cloning feature) in more than 60 languages. Speechify is available as a Chrome extension, a Mac app, a web app, iOS or Android app. The mobile apps can also read physical documents using your phone’s camera to scan the page. Speechify’s free tier limits you to simple text-to-speech in just 10 voices, while the $12/month premium tier unlocks the service’s full functionality. Respeecher specializes in voice cloning for celebrities, content creators, voice actors, game designers, and other professional applications. The company’s AI model essentially enables one person to speak in the voice of another. “We take recordings of the ‘target voice’ (the voice that is being replicated), train our system, and apply it to a ‘source speaker’ (the actor reading the lines),” the Respeecher’s FAQ explains. “It features all the emotions, intonations, and nuances of a real human voice.” The company offers a wide range of celebrity voices including Chris Farley and Richard Nixon, the latter of which earned Speechify an Emmy in 2019. Subscription plans start at $18 per month for basic text-to-speech (up to 100,000 characters per month and range up to $500 per month for the Power tier, which offers 900 minutes of speech-to-speech and 3 million characters of text-to-speech generation in more than 100 voices and 13 accents. If you fancy yourself a musician but can’t carry a tune, Controlla Voice can help. Its generative model can train an “AI Singing Voice” that sounds like you, based on 15-30 minutes of sample audio, then apply it to songs from the company’s extensive catalog, or blend your voice with others from their licensed stable of voice actors to generate unique vocals. You can even convert the vocals in existing songs from other artists into your voice for low-effort covers. Subscription prices run from $12 to $30 per month. The best AI for coding Anthropic’s Claude chatbot may not be able to generate images or speak to you conversationally, but it utterly excels at coding applications. Its latest iteration, Claude 3.5 Sonnet , drastically outperforms the likes of Gemini 1.5 Pro and ChatGPT-4o across a broad swath of leading industry benchmarks. Claude was also the first chatbot to offer a collaborative window (dubbed Artifacts ) that previews what the AI is generating outside of the chat stream. The chatbot is available free to all users on the web, iOS, and Android, though subscribing to the $20/month Pro or $30/month Teams tiers will grant you priority access to the latest and greatest models that Anthropic has to offer. Developed through a partnership between Github and OpenAI, GitHub Copilot acts as an AI autocomplete, to help users in the Visual Studio Code, Visual Studio, Neovim, and JetBrains IDEs generate code faster than they can on their own. Users can present Copilot with a coding problem, phrased in natural language, and the assistant will automatically generate a solution code. Conversely, it can also explain what a given snippet of code does as well as convert snippets between various coding languages. You can use Github Copilot for free, though upgrading to either the $4/month Pro or $21/month Enterprise tiers will, of course, give you additional resources and features. Similar to Copilot, Amazon’s CodeWhisperer is a general use coding assistant that will automatically generate suggestions and code recommendations based on your existing inputs, in real time. It’s available for the JetBrains and Visual Studio IDEs and also supports natural language-to-bash translation in the Mac command line. The free tier only offers limited access to the system’s more advanced features, so you’ll have to pony up $20/month if you want to unlock its full capabilities. Cursor AI is a coding assistant in the same vein as Codewhisperer but can offer autocomplete suggestions across multiple lines of code, based on your previous inputs. It also offers a smart rewrite function that automatically corrects your typos and syntax errors so you spend less time tracking down errant quotation marks and parentheses while debugging, as well as cursor prediction that guesses where your cursor needs to be next, enabling you to navigate through your project faster and more efficiently. It even offers a chatbot assistant (leveraging GPT-4, GPT-4o, and Claude 3.5 Sonnet) that can answer questions about either the entire active file or specific selected code blocks. The chatbot can even edit that highlighted code based on your natural language instructions. Cursor AI is available for the Mac, Windows, and Linux operating systems. You can try it out free for two weeks before a $20/month Pro or $40/user/month Business subscription is required. The best AI to integrate with the rest of your app ecosystem Meta, Facebook’s parent company, has been investing heavily in AI over the past few years and has recently begun incorporating the smart features found in rivals like Gemini and Copilot to its own product portfolio. “More than 400 million people are using Meta AI monthly, with 185 million people using it across our products each week,” the company boasted in a September blog post . The company now offers a conversational AI similar to Advanced Voice Mode in Messenger, Facebook, WhatsApp, and Instagram DM. It can answer questions about photos shared in your group chats, generate custom backgrounds for images you reshare from your feed to Instagram Stories, and automatically translate the audio of your Instagram Reels. It can also generate images to share on your feed, Stories, and set as your Facebook profile picture. So when you find yourself wondering why there’s so much AI slop clogging up Facebook and Insta, understand that it is a feature Meta has spent billions developing, not a bug. Microsoft has dumped north of $10 billion into its partnership with OpenAI, so of course it’s going to shoehorn ChatGPT’s generative capabilities into every single product it possibly can. In addition to the Copilot chatbot itself, Microsoft has developed and released Copilot Pages, which function much like Claude’s Artifacts or ChatGPT’s Canvas. The company has also integrated it into Outlook to help you manage your inbox by prioritizing which messages to respond to first and quickly draft email replies. 365 Copilot can also help you rapidly establish a cohesive narrative in your PowerPoint presentations by generating pitch decks whole cloth from your natural language prompt that maintain a consistent tone and brand voice. In Excel, Copilot does the heavy lifting of generating formulas, graphs, and charts based, again, on the user’s prompt. And in Teams, Copilot can monitor your video meetings and provide summaries of what happened as well as generate actionable item lists based on what was discussed. Gemini does for Google’s Workspace app suite what Copilot does for Microsoft’s. The AI assistant can help draft emails in Gmail , write documents in Docs, generate graphs and charts in Sheets, create and modify slides in Slides, find files in Drive, and provide live-translated captions and take notes in Meet. If you don’t already have a personal Google One AI Premium subscription, you’ll have to ask your Workspace admin to grant you access. Apple Intelligence may be the new kid on the AI block, but it is promising to be more deeply integrated within its product ecosystem than any other currently on the market. Designed to serve as an overarching agent acting on the user’s behalf, it promises to streamline monotonous everyday tasks, make Siri a better conversationalist, automate proofreading and text summarization across the company’s myriad apps, and offer lightning-fast image generation. It is currently available to all devices running iOS 18 , iPadOS 18 , and MacOS Sequoia — basically, the iPhone 15 Pro and 15 Pro Max (and newer), as well as iPads and Macs with M1 or newer chips.DeFi Technologies to be Featured on Stocktwits Daily Rip Live

Qatar tribune dpa Kiev Ukrainian President Volodymyr Zelensky has taken stock of Russia’s attacks against his country over the past seven days, counting hundreds of drones, bombs and missiles largely targeting energy infrastructure. “In total, Russia has used more than 370 attack drones, around 280 guided glide bombs and 80 missiles of various types against Ukraine this week,” Zelensky wrote on Facebook. “Even on Christmas night, the terrorists carried out a massive airstrike.” The Russian military’s attacks were primarily directed against energy infrastructure in Ukraine, Zelensky noted, adding that residential buildings were also attacked and damaged, apparently at random, with several people being killed. According to the UK’s Ministry of Defence, Russia is using a modified tactic in its missile and drone attacks on Ukraine. Russia has now most likely decided to allow more time to pass between attacks in order to build up stocks, the ministry wrote on X, and hopes that fewer but larger waves of attacks can inflict more damage than more frequent, smaller attacks. With these combined mass attacks, the Russian military aims to overwhelm the Ukrainian air defence. Copy 30/12/2024 10ARLINGTON, Va., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three months and full fiscal year ended September 30, 2024. Fiscal Year 2024 Financial Highlights Record revenue for fiscal year 2024 of approximately $2.7 billion and revenue for the fourth quarter of approximately $1.2 billion, representing an increase of approximately 22% from fiscal year 2023 and an increase of approximately 82% from the same quarter last year, respectively. GAAP gross profit margin improved to approximately 12.6% and 12.8% for fiscal year 2024 and the fourth quarter, respectively, compared to approximately 6.4% and 11.3% for fiscal year 2023 and the same quarter last year, respectively, reflecting the Company's continued focus on ongoing profit improvement strategies. Net income of approximately $30.4 million and $67.7 million for fiscal year 2024 and the fourth quarter, respectively, improved from a net loss of approximately $104.8 million and net income of approximately $4.8 million, for fiscal year 2023 and the same quarter last year, respectively. Adjusted EBITDA 1 of approximately $78.1 million and $86.9 million for fiscal year 2024 and the fourth quarter, respectively, improved from approximately negative $61.4 million and $19.8 million for fiscal year 2023 and the same quarter last year, respectively. Quarterly order intake of approximately $1.2 billion, compared to approximately $737 million for the same quarter last year. Backlog 2 increased to approximately $4.5 billion as of September 30, 2024, compared to approximately $2.9 billion as of September 30, 2023. Financial Position Total Cash 3 of approximately $518.7 million as of September 30, 2024, representing an increase of approximately $56.0 million from September 30, 2023. Net cash provided by operating activities was approximately $79.7 million, compared to approximately negative $111.9 million for fiscal year 2023. Free cash flow 1 was approximately $71.6 million, compared to approximately negative $114.9 million for fiscal year 2023. Fiscal Year 2025 Outlook The Company is initiating fiscal year 2025 guidance as follows: Revenue of approximately $3.6 billion to $4.4 billion with a midpoint of $4.0 billion. Presently, approximately 65% of the midpoint of the Company's revenue guidance is covered by the Company's current backlog, in line with our fiscal 2024 revenue coverage at the same time period last year. Adjusted EBITDA 4 of approximately $160 million to $200 million with a midpoint of $180 million. Annual recurring revenue ("ARR") of about $145 million by the end of fiscal year 2025. The foregoing Fiscal Year 2025 Outlook statements represent management's current best estimate as of the date of this release. Actual results may differ materially depending on a number of factors. Investors are urged to read the Cautionary Note Regarding Forward-Looking Statements included in this release. Management does not assume any obligation to update these estimates. "Our record financial results for 2024 are a testament to our team's dedication, operational efficiency, and commitment to delivering value to our stakeholders as we achieved our highest ever revenue and profitability, marking a significant milestone in the Company's growth trajectory. Furthermore, we had our second consecutive quarter of signing more than $1 billion of new orders, which brought our backlog to $4.5 billion, underscoring the market's strong confidence in our energy storage solutions," said Julian Nebreda, the Company’s President and Chief Executive Officer. "As we look forward, we see unprecedented demand for battery energy storage solutions across the world, driven principally by the U.S. market. We believe we are well positioned to continue capturing this market with our best-in-class domestic content offering which utilizes U.S. manufactured battery cells." "We are pleased with our strong fiscal year-end performance, achieving record revenue growth, robust margin expansion and free cash flow. We also generated positive net income for the first time," said Ahmed Pasha, Chief Financial Officer. "With backlog and development pipeline at record levels, we enter fiscal 2025 poised for sustained profitable growth." Share Count The shares of the Company’s common stock as of September 30, 2024 are presented below: Conference Call Information The Company will conduct a teleconference starting at 8:30 a.m. EST on Tuesday, November 26, 2024, to discuss the fourth quarter and full fiscal year 2024 financial results. To participate, analysts are required to register by clicking Fluence Energy Inc. Q4 Earnings Call Registration Link . Once registered, analysts will be issued a unique PIN number and dial-in number. Analysts are encouraged to register at least 15 minutes before the scheduled start time. General audience participants, and non-analysts are encouraged to join the teleconference in a listen-only mode at: Fluence Energy Inc. Q4 Listen Only - Webcast , or on http://fluenceenergy.com by selecting Investors, News & Events, and Events & Presentations. Supplemental materials that may be referenced during the teleconference will be available at: http://fluenceenergy.com, by selecting Investors, News & Events, and Events & Presentations. A replay of the conference call will be available after 1:00 p.m. EST on Tuesday, November 26, 2024. The replay will be available on the Company’s website at http://fluenceenergy.com by selecting Investors, News & Events, and Events & Presentations. Non-GAAP Financial Measures We present our operating results in accordance with accounting principles generally accepted in the U.S. (“GAAP”). We believe certain financial measures, such as Adjusted EBITDA, Adjusted Gross Profit, Adjusted Gross Profit Margin, and Free Cash Flow, which are non-GAAP measures, provide users of our financial statements with supplemental information that may be useful in evaluating our operating performance. We believe that such non-GAAP measures, when read in conjunction with our operating results presented under GAAP, can be used to better assess our performance from period to period and relative to performance of other companies in our industry, without regard to financing methods, historical cost basis or capital structure. Such non-GAAP measures should be considered as a supplement to, and not as a substitute for, financial measures prepared in accordance with GAAP. These measures have limitations as analytical tools, including that other companies, including companies in our industry, may calculate these measures differently, reducing their usefulness as comparative measures. Adjusted EBITDA is calculated from the consolidated statements of operations using net income (loss) adjusted for (i) interest income, net, (ii) income taxes, (iii) depreciation and amortization, (iv) stock-based compensation, and (v) other non-recurring income or expenses. Adjusted EBITDA also includes amounts impacting net income related to estimated payments due to related parties pursuant to the Tax Receivable Agreement, dated October 27, 2021, by and among Fluence Energy, Inc., Fluence Energy, LLC, Siemens Industry, Inc. and AES Grid Stability, LLC (the “Tax Receivable Agreement”). Adjusted Gross Profit is calculated using gross profit, adjusted to exclude (i) stock-based compensation expenses, (ii) amortization, and (iii) other non-recurring income or expenses. Adjusted Gross Profit Margin is calculated using Adjusted Gross Profit divided by total revenue. Free Cash Flow is calculated from the consolidated statements of cash flows and is defined as net cash provided by (used in) operating activities, less purchase of property and equipment made in the period. We expect our Free Cash Flow to fluctuate in future periods as we invest in our business to support our plans for growth. Limitations on the use of Free Cash Flow include (i) it should not be inferred that the entire Free Cash Flow amount is available for discretionary expenditures (for example, cash is still required to satisfy other working capital needs, including short-term investment policy, restricted cash, and intangible assets); (ii) Free Cash Flow has limitations as an analytical tool, and it should not be considered in isolation or as a substitute for analysis of other GAAP financial measures, such as net cash provided by operating activities; and (iii) this metric does not reflect our future contractual commitments. Please refer to the reconciliations of the non-GAAP financial measures to their most directly comparable GAAP financial measures included in this press release and the accompanying tables contained at the end of this release. The Company is not able to provide a quantitative reconciliation of full fiscal year 2025 Adjusted EBITDA to GAAP Net Income (Loss) on a forward-looking basis within this press release because of the uncertainty around certain items that may impact Adjusted EBITDA, including stock compensation and restructuring expenses, that are not within our control or cannot be reasonably predicted without unreasonable effort. About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. For more information, visit our website, or follow us on LinkedIn or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog. Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release and statements that are made on our earnings call that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements set forth above under “Fiscal Year 2025 Outlook,” and other statements regarding the Company's future financial and operational performance, future market and industry growth and related opportunities for the Company, anticipated Company growth and business strategy, including future incremental working capital and capital opportunities, liquidity and access to capital and cash flows, demand for electricity and impact to energy storage, demand for the Company's energy storage solutions, services, and digital applications offerings, our positioning to capture market share with domestic content offering and future offerings, expected impact and benefits from the Inflation Reduction Act of 2022 and U.S. Treasury domestic content guidelines on us and on our customers, anticipated timeline of U.S. battery module production and timing of our domestic content offering, expectations relating to our contracting manufacturing capacity, potential impact to tariffs, related policies, and regulations from the change in political administration, new products and solutions and product innovation, relationships with new and existing customers and suppliers, expectations relating to backlog, pipeline, and contracted backlog, future revenue recognition, future results of operations, future capital expenditures and debt service obligations, and projected costs, beliefs, assumptions, prospects, plans and objectives of management. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “may,” “possible,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” "commits", “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, our relatively limited operating and revenue history as an independent entity and the nascent clean energy industry; anticipated increasing expenses in the future and our ability to maintain prolonged profitability; fluctuations of our order intake and results of operations across fiscal periods; potential difficulties in maintaining manufacturing capacity and establishing expected mass manufacturing capacity in the future; risks relating to delays, disruptions, and quality control problems in our manufacturing operations; risks relating to quality and quantity of components provided by suppliers; risks relating to our status as a relatively low-volume purchaser as well as from supplier concentration and limited supplier capacity; risks relating to operating as a global company with a global supply chain; changes in the global trade environment; changes in the cost and availability of raw materials and underlying components; failure by manufacturers, vendors, and suppliers to use ethical business practices and comply with applicable laws and regulations; significant reduction in pricing or order volume or loss of one or more of our significant customers or their inability to perform under their contracts; risks relating to competition for our offerings and our ability to attract new customers and retain existing customers; ability to maintain and enhance our reputation and brand recognition; ability to effectively manage our recent and future growth and expansion of our business and operations; our growth depends in part on the success of our relationships with third parties; ability to attract and retain highly qualified personnel; risks associated with engineering and construction, utility interconnection, commissioning and installation of our energy storage solutions and products, cost overruns, and delays; risks relating to lengthy sales and installation cycle for our energy storage solutions; risks related to defects, errors, vulnerabilities and/or bugs in our products and technology; risks relating to estimation uncertainty related to our product warranties; fluctuations in currency exchange rates; risks related to our current and planned foreign operations; amounts included in our pipeline and contracted backlog may not result in actual revenue or translate into profits; risks related to acquisitions we have made or that we may pursue; events and incidents relating to storage, delivery, installation, operation, maintenance and shutdowns of our products; risks relating to our impacts to our customer relationships due to events and incidents during the project lifecycle of an energy storage solution; actual or threatened health epidemics, pandemics or similar public health threats; ability to obtain financial assurances for our projects; risks relating to whether renewable energy technologies are suitable for widespread adoption or if sufficient demand for our offerings do not develop or takes longer to develop than we anticipate; estimates on size of our total addressable market; risks relating to the cost of electricity available from alternative sources; macroeconomic uncertainty and market conditions; risk relating to interest rates or a reduction in the availability of tax equity or project debt capital in the global financial markets and corresponding effects on customers’ ability to finance energy storage systems and demand for our energy storage solutions; decline in public acceptance of renewable energy, or delay, prevent, or increase in the cost of customer projects; severe weather events; increased attention to ESG matters; restrictions set forth in our current credit agreement and future debt agreements; uncertain ability to raise additional capital to execute on business opportunities; ability to obtain, maintain and enforce proper protection for our intellectual property, including our technology; threat of lawsuits by third parties alleging intellectual property violations; adequate protection for our trademarks and trade names; ability to enforce our intellectual property rights; risks relating to our patent portfolio; ability to effectively protect data integrity of our technology infrastructure and other business systems; use of open-source software; failure to comply with third party license or technology agreements; inability to license rights to use technologies on reasonable terms; risks relating to compromises, interruptions, or shutdowns of our systems; barriers arising from current electric utility industry policies and regulations and any subsequent changes; reduction, elimination, or expiration of government incentives or regulations regarding renewable energy; potential changes in tax laws or regulations; risks relating to environmental, health, and safety laws and potential obligations, liabilities and costs thereunder; failure to comply with data privacy and data security laws, regulations and industry standards; risks relating to potential future legal proceedings, regulatory disputes, and governmental inquiries; risks related to ownership of our Class A common stock; risks related to us being a “controlled company” within the meaning of the NASDAQ rules; risks relating to the terms of our amended and restated certificate of incorporation and amended and restated bylaws; risks relating to our relationship with our Founders and Continuing Equity Owners; risks relating to conflicts of interest by our officers and directors due to positions with Continuing Equity Owners; risks related to short-seller activists; we depend on distributions from Fluence Energy, LLC to pay our taxes and expenses and Fluence Energy, LLC’s ability to make such distributions may be limited or restricted in certain scenarios; risks arising out of the Tax Receivable Agreement; unanticipated changes in effective tax rates or adverse outcomes resulting from examination of tax returns; risks relating to improper and ineffective internal control over reporting to comply with Sarbanes-Oxley Act; risks relating to changes in accounting principles or their applicability to us; risks relating to estimates or judgments relating to our critical accounting policies; and other factors set forth under Item 1A.“Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, to be filed with the Securities and Exchange Commission (“SEC”), and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. Accounts payable with related parties of $2.5 million and Accruals with related parties of $3.7 million as of September 30, 2023, were reclassified from Deferred revenue and payables with related parties to Accounts payable and Accruals and provisions, respectively, on the consolidated balance sheet. The reclassification had no impact on the total current liabilities for any period presented. Corresponding reclassifications were also reflected on the consolidated statement of cash flows for the fiscal year ended September 30, 2023 and 2022. The reclassifications had no impact on cash provided by (used in) operations for the period presented. Provision on loss contracts, net of $6.1 million and $30.0 million for the fiscal years ended September 30, 2023 and 2022, respectively, was reclassified to current accruals and provisions on the consolidated statement of cash flows. The reclassification had no impact on cash provided by (used in) operations for the period presented. The following tables present our key operating metrics for the fiscal years ended September 30, 2024 and 2023. The tables below present the metrics in either Gigawatts (GW) or Gigawatt hours (GWh). Our key operating metrics focus on project milestones to measure our performance and designate each project as either “deployed”, “assets under management”, “contracted backlog”, or “pipeline”. The following table presents our order intake for the three months and fiscal years ended September 30, 2024 and 2023. The table is presented in Gigawatts (GW): Deployed Deployed represents cumulative energy storage products and solutions that have achieved substantial completion and are not decommissioned. Deployed is monitored by management to measure our performance towards achieving project milestones. Assets Under Management Assets under management for service contracts represents our long-term service contracts with customers associated with our completed energy storage system products and solutions. We start providing maintenance, monitoring, or other operational services after the storage product projects are completed. In some cases, services may be commenced for energy storage solutions prior to achievement of substantial completion. This is not limited to energy storage solutions delivered by Fluence. Assets under management for digital software represents contracts signed and active (post go live). Assets under management serves as an indicator of expected revenue from our customers and assists management in forecasting our expected financial performance. Contracted Backlog For our energy storage products and solutions contracts, contracted backlog includes signed customer orders or contracts under execution prior to when substantial completion is achieved. For service contracts, contracted backlog includes signed service agreements associated with our storage product projects that have not been completed and the associated service has not started. For digital applications contracts, contracted backlog includes signed agreements where the associated subscription has not started. We cannot guarantee that our contracted backlog will result in actual revenue in the originally anticipated period or at all. Contracted backlog may not generate margins equal to our historical operating results. We have only recently begun to track our contracted backlog on a consistent basis as performance measures, and as a result, we do not have significant experience in determining the level of realization that we will achieve on these contracts. Our customers may experience project delays or cancel orders as a result of external market factors and economic or other factors beyond our control. If our contracted backlog fails to result in revenue as anticipated or in a timely manner, we could experience a reduction in revenue, profitability, and liquidity. Contracted/Order Intake Contracted, which we use interchangeably with “order intake”, represents new energy storage product and solutions contracts, new service contracts and new digital contracts signed during each period presented. We define “Contracted” as a firm and binding purchase order, letter of award, change order or other signed contract (in each case an “Order”) from the customer that is received and accepted by Fluence. Our order intake is intended to convey the dollar amount and gigawatts (operating measure) contracted in the period presented. We believe that order intake provides useful information to investors and management because the order intake provides visibility into future revenue and enables evaluation of the effectiveness of the Company’s sales activity and the attractiveness of its offerings in the market. Pipeline Pipeline represents our uncontracted, potential revenue from energy storage products and solutions, service, and digital software contracts, which have a reasonable likelihood of contract execution within 24 months. Pipeline is an internal management metric that we construct from market information reported by our global sales force. Pipeline is monitored by management to understand the anticipated growth of our Company and our estimated future revenue related to customer contracts for our battery-based energy storage products and solutions, services and digital software. We cannot guarantee that our pipeline will result in actual revenue in the originally anticipated period or at all. Pipeline may not generate margins equal to our historical operating results. We have only recently begun to track our pipeline on a consistent basis as performance measures, and as a result, we do not have significant experience in determining the level of realization that we will achieve on these contracts. Our customers may experience project delays or cancel orders as a result of external market factors and economic or other factors beyond our control. If our pipeline fails to result in revenue as anticipated or in a timely manner, we could experience a reduction in revenue, profitability, and liquidity. Annual Recurring Revenue (ARR) ARR represents the net annualized contracted value including software subscriptions including initial trial, licensing, long term service agreements, and extended warranty agreements as of the reporting period. ARR excludes one-time fees, revenue share or other revenue that is non-recurring and variable. The Company believes ARR is an important operating metric as it provides visibility to future revenue. It is important to management to increase this visibility as we continue to expand. ARR is not a forecast of future revenue and should be viewed independently of revenue and deferred revenue as ARR is an operating metric and is not intended to replace these items. The following tables present our non-GAAP measures for the periods indicated. ____________________________ 1 Non-GAAP Financial Metric. See the section below titled “Non-GAAP Financial Measures” for more information regarding the Company's use of non-GAAP financial measures, as well as a reconciliation to the most directly comparable financials measure stated in accordance with GAAP. 2 Backlog represents the unrecognized revenue value of our contractual commitments, which include deferred revenue and amounts that will be billed and recognized as revenue in future periods. The Company’s backlog may vary significantly each reporting period based on the timing of major new contractual commitments and the backlog may fluctuate with currency movements. In addition, under certain circumstances, the Company’s customers have the right to terminate contracts or defer the timing of its services and their payments to the Company. 3 Total cash includes Cash and cash equivalents + Restricted Cash + Short term investments.

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The Bank of Scotland’s business barometer poll showed 73% of Scottish businesses expect to see turnover increase in 2025, up from 60% polled in 2023. Almost a quarter (23%) of businesses expect to see their revenue rise by between six and 10% over the next 12 months, with just over a fifth (21%) expecting it to grow by even more. The poll found that 70% of businesses were confident they would become more profitable in 2025, a two per cent increase when compared with the previous year. Revenue and profitability growth was firms’ top priority at 52%, though 40% said they will be targeting improved productivity, and the same proportion said they will be aiming to enhance their technology – such as automation or AI – or upskill their staff (both 29%). More than one in five (22%) want to improve their environmental sustainability. Other areas businesses are hoping to build upon AI-assisted technology (19%), and 24% will be investing in expanding into new UK markets and 23% plan to invest in staff training. The business barometer has surveyed 1,200 businesses every month since 2002, providing early signals about UK economic trends. Martyn Kendrick, Scotland director at Bank of Scotland commercial banking, said: “Scottish businesses are looking ahead to 2025 with stronger growth expectations, and setting out clear plans to drive this expansion through investments in new technology, new markets and their own teams. “As we enter the new year, we’ll continue to by their side to help them pursue their ambitions and seize all opportunities that lie ahead.”

Miami of Ohio and Colorado State will try to overcome notable transfer-portal defections during Saturday's Arizona Bowl at Tucson, Ariz. Miami (8-5) enters the game without its top two wide receivers Javon Tracy and Reggie Virgil after the duo elected to play elsewhere. Tracy, a redshirt sophomore who caught 57 passes for 818 yards with seven touchdowns, is moving on to Minnesota. Virgil, a junior who tallied 816 yards on 41 receptions with nine touchdowns, is bound for Texas Tech. "It's kind of insane, to be honest," Miami coach Chuck Martin said. "We'll lose some real good kids in the portal, but we'll also gain some good ones. It's just crazy. "In some ways, it stinks, but in some ways, it's fun, too. We're looking at a lot of some good ones." Miami has also lost two cornerbacks, including sophomore Raion Strader to Auburn. Strader had 53 tackles with two interceptions and a team-best 17 passes broken up. Will Jados, a redshirt junior offensive tackle who started 38 games for Miami, is transferring to Texas Tech. Colorado State (8-4) also lost its two top receivers in the portal. Sophomore Caleb Goodie committed to Cincinnati and sophomore Jamari Person remains undecided. Goodie caught 21 passes for 436 yards with four touchdowns, and Person had 36 receptions for 386 yards and a touchdown. Another sophomore, linebacker Buom Jock, also is in the transfer portal after he led the Rams with 100 tackles. "They lost a couple receivers in the portal, just like us, so they've adjusted, just like most teams in the bowl season have adjusted to the team that they have available," Colorado State coach Jay Norvell said. Redshirt sophomore Armani Winfield, who had 37 catches for 338 yards and two touchdowns, is the top available receiver for the Rams. Miami's leading receiver entering the game is fifth-year senior Cade McDonald (49 catches for 606 yards and three touchdowns). Miami won seven straight games before losing to Ohio in the MAC championship game behind sixth-year quarterback Brett Gabbert, who has completed 57.6 percent of his passes (204 of 354) for 2,737 yards and 21 touchdowns. Gabbert has been prone to throw interceptions, with 11, including one against Ohio in the conference title game. He did not throw an interception in a 30-20 victory over Ohio earlier this season. Keyon Mozee is Miami's featured running back with 1,073 yards on 170 carries with four touchdowns. Matt Salopek, a sixth-year linebacker, leads Miami with 113 tackles. He is the first player in program history with four 100-tackle seasons. Colorado State won six of its last seven games -- committing only seven turnovers in that span. Senior running back Avery Morrow has 956 yards on 166 attempts with nine touchdowns. Brayden Fowler-Nicolosi, a redshirt sophomore, has thrown for 2,475 yards while completing 207 of 335 attempts (61.8 percent) with 13 touchdowns and seven interceptions. Chase Wilson, a fifth-year senior linebacker, has 91 tackles this season, three for loss. --Field Level MediaAthletic director Paul A. Bryant announced the decision in a statement. The Bulldogs went 6-6 this season, including a 4-4 Southwestern Athletic Conference mark, and won three straight games before a season-ending loss to Florida A&M. Maynor finished 40-32 at Alabama A&M, including a 28-21 SWAC record. Maynor led Alabama A&M to its first SWAC championship in 15 years during the shortened 2021 season that played in the spring. The Bulldogs went 5-0 and beat Arkansas-Pine Bluff 40-33 to claim the program's second SWAC football title. Maynor is a former Arena Football League player who played quarterback for Winston-Salem State and North Carolina A&T. The program suffered a tragedy when linebacker Medrick Burnett Jr. died last week from an injury sustained during the annual Magic City Classic against in-state rival Alabama State on Oct. 26. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football

Has it been a while since you purchased a new TV? You might be surprised by how far TV technology has come since you bought your last set! Today's smart televisions offer dramatic improvements in picture quality and home screens that are far easier to navigate. Plus, they come with a host of cool features like voice control that you may not even know about. It's time to discover what you've been missing — and if you're asking yourself where to start, the Fire TV Buyer Insights Report can help. This independent study surveyed over 2,000 recent purchasers of smart TVs to learn everything from where they did their product research to why they decided to buy. With the holidays almost upon us, the insights in this report can help guide you as you kick off your seasonal shopping. Whether you're buying a gift, hosting a holiday gathering or looking for the perfect game-day screen, read on to find the best TV for your needs. How do you find the right TV? Here's how recent purchasers did it. When it comes to buying a new TV, there are several factors you'll want to consider, starting with who's going to be using it. The study found that spouses (36%), kids (13%), and even grandparents (1%) were involved in the purchase process, so be sure to keep your home's audience in mind. Beyond that, you'll also want to think about: Room size Smart TVs range in size from a 32-inch screen all the way up to a whopping 100 inches or more. To determine the right screen size for your room, follow this guideline: Small rooms: 32"–43" screen Medium rooms: 43"–55" screen Large rooms: 55+" screen As for viewing distance, divide the screen's diameter by 8 to get the ideal viewing distance in feet. For example, a 32-inch screen should be watched from about 4 feet away, while you'll want to be about 8 feet away from a 65-inch screen. Usage How you plan to use your new TV should play a large part in your decision-making process. If you're always looking for the latest show or movie to watch, your smart TV should offer optimal access to the latest streaming services. Gamers will experience better play on a TV with a high refresh rate, while sports enthusiasts will want to watch the big game on a set with smooth motion handling. Connected TV experience One of the most important considerations is how you'll use TV. In the study, 83% of TV purchasers said that easy access to content was one of the things they liked best about their new TV. But beyond being an all-in-one source for entertainment, your smart TV should also play well with other smart home devices. For instance, Fire TV allows you to pair compatible devices seamlessly like video doorbells, smart home devices, and more. And with select models, Fire TV's Ambient Experience can turn the biggest screen in your home into a beautiful, always-on smart display rotating through beautiful art, personal photos, and glanceable information like calendars and reminders. Knowledge is power Before you land on the perfect TV, you'll need to do a little research first. The study found that only 12% of shoppers bought their TV on an impulse, while 65% engaged in some form of product research. Most (82%) respondents conducted some or all of their research online for instant access to smart TV reviews and feature comparisons. In fact, over half of respondents who searched online mentioned digital retailers like Amazon as a great source for honest ratings and buyer reviews. Timing is everything According to the study, the time from research to purchase takes about two weeks, so plan ahead — especially if you're thinking about giving a TV as a holiday gift. There are also some great deals available during this time of year, so keep an eye out for sales and promotional offers. The big picture A new TV is a big purchase, so don't make it an impulsive one. Take the time to do your research and remember that everyone takes a different path to finding the perfect TV. Whether your search begins online, offline, or with a mix of both, it will end with a next-level viewing experience that's just right for the way you watch.More Scots business owners anticipate higher turnover in 2025, poll suggests

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'I was scammed out of £75k by Martin Lewis deepfake advert' Des lost £76,000 after falling victim to a scam advert on Facebook "It's quite difficult for me to have to sit in the same room as you", money saving expert Martin Lewis says as Des Healey, a kitchen fitter from Brighton, walked into the BBC Radio 5 Live studio. Like many other people, Des had fallen victim to a scam advert on Facebook which used a deepfake of Martin along with tech billionaire Elon Musk promoting a non-existent bitcoin investment scheme. Facebook owner Meta, recently announced they would be introducing facial recognition technology to try and crack down on scammers who fraudulently used celebrities in adverts. Martin says he has the "weird accolade" of being the most scammed face in Britain. "I've spent my entire career trying to help consumers, and these criminals, thieves, organised crime people have perverted my reputation," he say on his BBC Sounds podcast. Martin tells Des how hard it is to meet somebody who has been taken in by the scam using his image, knowing they "trusted what I was doing" to put the money in - ultimately costing Des £76,000. Martin Lewis speaking in July 2023 when the deepfake scam first came to light It was August 2023 and Des had been on Facebook when he spotted the fake advert for the investment scheme, falsely claimed to be fronted by the duo. Artificial intelligence (AI) had been used to manipulate Martin's real voice to make it look like he was doing a TV interview from his house, endorsing an investment scheme by Musk. "I have witnessed you a few times on TV stating that you never put your name to these things," Des tells Martin, "so why on that particular day it sold it to me, I do not know... I really don't". 'Falling for scams doesn't make you a mug' As a self-employed tradesperson, Des says he saw the advert as an opportunity to "earn a few extra bob" before Christmas in a short period of time while his own business... Kate BerryCHANDLER, Ariz., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, provided lower updated revenue guidance for the December 2024 quarter and announced manufacturing restructuring plans. "In the first two weeks of my newly appointed role as Interim CEO and President, I have done a deep dive into the operations of the Company and determined that certain actions are necessary. I want to clarify for investors that I plan to stay in this role, even though the title is interim, for as long as it is necessary, so there is no definitive timeline for my successor," said Steve Sanghi, Microchip's CEO, President and Chair of the Board. Mr. Sanghi continued, "We indicated in our November 2, 2024 earnings call that significant turns orders were required to achieve the midpoint of our December 2024 quarter revenue guidance. Those turns orders have been slower than anticipated and we now expect our December 2024 revenue to be close to the low end of our original guidance which is $1.025 billion." Mr. Sanghi added, "With inventory levels high and having ample capacity in place, we have decided to shut down our Tempe wafer fabrication facility that we refer to as Fab 2. Many of the process technologies that run in Fab 2 also run in our Oregon and Colorado factories, which both have ample clean room space for expansion. We expect to be able to shut down Fab 2 in the September 2025 quarter at which time we expect that it will generate annual cash savings of approximately $90 million. Due to the high inventory of the products which are manufactured in Fab 2, we do not expect to see P&L savings from the shutdown until the start of the June 2026 quarter based on a First-In First-Out basis. We expect that the Fab 2 closure will begin to help us moderate our inventory levels beginning in the March 2025 quarter. We anticipate near-term restructuring costs to be between $3 million and $8 million from these actions, and it is possible that we could incur other restructuring and shut-down costs in the future of up to an additional $15 million. The estimates of the restructuring costs will be refined over time as more information becomes available." Mr. Sanghi concluded, "I want to ensure investors of my confidence in the long-term growth and profitability of Microchip. Our design-in momentum continues to remain strong, driven by our Total System Solutions strategy and key market megatrends. The fab restructuring is a big step in right-sizing our manufacturing footprint, and we will continue to evaluate any further actions that are required to position Microchip for outsized growth and financial performance." Microchip will be participating in and presenting at the UBS Global Technology and AI Conference on December 3 and 4, 2024. Cautionary Statement: The statements in this release relating to Mr. Sanghi planning to stay in the CEO and President role for as long as it is necessary, no definitive timeline for his successor, that turns orders have been slower than anticipated and that we now expect our December 2024 revenue to be close to the low end of our original guidance which is $1.025 billion, that we have ample capacity in place, that our Oregon and Colorado factories both have ample clean room space for expansion, that we expect to be able to shut down Fab 2 in the September 2025 quarter at which time it is expected to generate annual cash savings of approximately $90 million, that we do not expect to see P&L savings from the shutdown until the start of the June 2026 quarter, that we expect that the Fab 2 closure will begin to help us moderate our inventory levels beginning in the March 2025 quarter, that we anticipate near-term restructuring costs to be between $3 million and $8 million, that is is possible that we could incur other restructuring and shut-down costs of up to an additional $15 million, ensuring investors of my confidence in the long-term growth and profitability of Microchip, that our design-in momentum continues to remain strong driven by our Total System Solutions strategy and key market megatrends, that the fab restructuring is a big step in right sizing our manufacturing footprint, that we will continue to evaluate any further actions that are required to position Microchip for outsized growth and financial performance are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause our actual results to differ materially, including, but not limited to: any continued uncertainty, fluctuations or weakness in the U.S. and world economies (including China and Europe) due to changes in interest rates, high inflation, actions taken or which may be taken by the Biden administration or the U.S. Congress or by the incoming Trump administration and the incoming U.S. Congress, monetary policy, political, geopolitical, trade or other issues in the U.S. or internationally (including the military conflicts in Ukraine-Russia and the Middle East), further changes in demand or market acceptance of our products and the products of our customers and our ability to respond to any increases or decreases in market demand or customer requests to reschedule or cancel orders; the mix of inventory we hold, our ability to satisfy any short-term orders from our inventory and our ability to effectively manage our inventory levels; the impact that the CHIPS Act will have on increasing manufacturing capacity in our industry by providing incentives for us, our competitors and foundries to build new wafer manufacturing facilities or expand existing facilities; the amount and timing of any incentives we may receive under the CHIPS Act, the impact of current and future changes in U.S. corporate tax laws (including the Inflation Reduction Act of 2022 and the Tax Cuts and Jobs Act of 2017), foreign currency effects on our business; changes in utilization of our manufacturing capacity and our ability to effectively manage our production levels to meet any increases or decreases in market demand or any customer requests to reschedule or cancel orders; the impact of inflation on our business; competitive developments including pricing pressures; the level of orders that are received and can be shipped in a quarter; our ability to realize the expected benefits of our long-term supply assurance program; changes or fluctuations in customer order patterns and seasonality; our ability to effectively manage our supply of wafers from third party wafer foundries to meet any decreases or increases in our needs and the cost of such wafers, our ability to obtain additional capacity from our suppliers to increase production to meet any future increases in market demand; our ability to successfully integrate the operations and employees, retain key employees and customers and otherwise realize the expected synergies and benefits of our acquisitions; the impact of any future significant acquisitions or strategic transactions we may make; the costs and outcome of any current or future litigation or other matters involving our acquisitions (including the acquired business, intellectual property, customers, or other issues); the costs and outcome of any current or future tax audit or investigation regarding our business or our acquired businesses; fluctuations in our stock price and trading volume which could impact the number of shares we acquire under our share repurchase program and the timing of such repurchases; disruptions in our business or the businesses of our customers or suppliers due to natural disasters (including any floods in Thailand), terrorist activity, armed conflict, war, worldwide oil prices and supply, public health concerns or disruptions in the transportation system; and general economic, industry or political conditions in the United States or internationally. For a detailed discussion of these and other risk factors, please refer to Microchip's filings on Forms 10-K and 10-Q. You can obtain copies of Forms 10-K and 10-Q and other relevant documents for free at Microchip's website ( www.microchip.com ) or the SEC's website ( www.sec.gov ) or from commercial document retrieval services. Stockholders of Microchip are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. Microchip does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this December 2, 2024 press release, or to reflect the occurrence of unanticipated events. About Microchip: Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. Our solutions serve approximately 116,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com . Note: The Microchip name and logo are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies. INVESTOR RELATIONS CONTACT: J. Eric Bjornholt, Senior Vice President and CFO (480) 792-7804

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Türkiye unveils renewable energy strategy to London investorsSYM Stock News: Shareholder Rights Law Firm Robbins LLP Urges Symbotic Inc. Stockholders with Large Losses to Seek Legal Counsel in Connection with the Class Action Lawsuit