Div Com inaugurates workshop on Heritage Conservation at SKICCINDIANAPOLIS--(BUSINESS WIRE)--Dec 19, 2024-- The Indy Autonomous Challenge (IAC), a global leader in high-speed autonomy, is gearing up for a monumental return to CES 2025 with exciting new developments, including the introduction of multicar racing and the future of physical AI . Set to take place on January 9, 2025 at the Las Vegas Motor Speedway from 2-4 PM PST , the Autonomous Challenge at CES 2025 will mark a significant milestone in the development of autonomous technologies, offering attendees a firsthand look at the evolution of AI in high-speed motorsport. A New Era of AI Racing: Multicar Showdown and Tiered Competitions Having introduced the world to head-to-head autonomous racing three years ago at CES, the IAC will attempt another historic feat during CES 2025 with a multicar exhibition race. Teams will run 3-4 autonomous racecars on track at the same time, in a thrilling 20-lap format. This marks a significant leap forward in high-speed autonomy, as the exhibition race will test not just individual car performance but the ability of AI systems to manage complex multi-agent interactions at high speed. The IAC race event at CES2025 will feature a progressive three-tiered structure, designed to ensure teams at every level can actively compete and push the boundaries of their AI driver development: Tier 1 : Single-car time trials, providing teams an opportunity to demonstrate the stability of their AI driver at extreme high speeds. Tier 2 : A two-car passing competition, designed to challenge teams with strategic racing and AI adaptability in head-to-head racing scenarios. Tier 3 : Multicar racing event, where 3-4 racecars compete in an open racing format, testing the limits of AI driver multi-agent interaction and high speeds. This structure allows for a progressive increase in AI racing difficulty, ensuring all teams, regardless of experience, have a chance to showcase their AI driver development in the ever-evolving landscape of autonomous racing. New Teams and Exciting Partnership The IAC has also welcomed two new university teams: Indiana University and California Institute of Technology , bringing the total number of IAC teams to ten. These new additions further elevate the competition, expanding the IAC’s global pool of talent and expertise that are working on a common AI and robotics platform to accelerate the future of high-speed autonomy The IAC’s commitment to pushing the boundaries of AI extends beyond racing, through a strategic collaboration with the U.S. Defense Advanced Research Projects Agency (DARPA) which selected IAC as an official test and evaluation platform to be used in improving AI training for autonomous systems. This work is part of a new DARPA program, Transfer Learning from Imprecise and Abstract Models to Autonomous Technologies (TIAMAT) which aims to address the “simulation to real” gap in AI training. “The Indy Autonomous Challenge is truly leading the charge in the physical AI revolution,” said Paul Mitchell, President of the Indy Autonomous Challenge. “By pushing the limits of autonomous technology on the racetrack, we’re not just developing AI that can drive racecars—we’re creating systems that can be applied to everything from aviation to autonomous vehicles and robotics. The race at CES will be a showcase of cutting-edge innovation, and it’s also a great example of what can be achieved when government, academia, and industry come together to tackle some of the biggest tech challenges of our time.” IAC at CES 2025: A Hub for Innovation As a leader in the physical AI revolution , the IAC will take center stage at CES 2025 , the world’s largest innovation event. The IAC will have a prominent display in the West Hall lobby, showcasing the IAC-AV-24 world’s fastest autonomous racecar, along with a series of CES Conference Sessions exploring the future of AI in motorsport and beyond. Sessions include: How To Build Physical AI for Mobility Tuesday, January 7, 2025 10:30-11 AM PST LVCC West Hall, Level 1, CES 2025 Mobility Stage AI is learning to drive! What will it take to safely and securely build, test, and deploy Physical AI solutions for mobility? Physical AI: Moving From Bits to Atoms Tuesday, January 7, 2025 4-4:40 PM PST LVCC West Hall Lobby, CTA Main Stage The AI revolution is already underway in the digital world. How can industry, academia, and government work together to accelerate the adoption of AI in the physical world? Indy Autonomous Challenge: Racing in the Cloud Wednesday, January 8, 2025 5:30-6 PM PST LVCC, West Hall, Amazon Theater, #4000 Learn how the dSPACE driving simulator on AWS simulates and validates autonomous race cars for AI drivers in the Indy Autonomous Challenge. These sessions will provide key insights into the future of physical AI and its potential to revolutionize mobility while increasing sustainability and quality of life. Race Day and VIP Experience at CES The Indy Autonomous Challenge race day at CES 2025 will be held at the Las Vegas Motor Speedway, setting the stage for a thrilling exhibition of innovation, speed, and AI advancement. Taking place on January 9 from 2-4 PM PST , this exciting autonomous race event will include three competitions: Time Trials, Passing Competition, and Multicar Race Exhibition. Ample parking will be available at the venue, and rideshare drop-offs are encouraged for added convenience. This year’s official IAC at CES Media Briefing will take place at the Media Center of the Las Vegas Motor Speedway on January 9, 2025, at 1:15 PM , right before race activities begin. Reporters will receive the latest updates, learn about the innovations on the track, and have the opportunity for an open Q&A with IAC leadership and team leads. Media Registration: To attend any IAC track events as media, including tier 1, 2 and 3 exhibitions and/or to attend the media briefing, please register here . Media Contact & Resources: To request an interview with IAC stakeholders or to plan media tours at the track and/or booth, please contact IAC@OneMoreVolley.com . High-resolution images and additional information about the Indy Autonomous Challenge are available on the IAC Media Page . About the IAC: The Indy Autonomous Challenge (IAC) is a non-profit organization based in Indianapolis, Indiana (USA) that organizes racing competitions among university-affiliated teams from around the world. Teams program AI drivers to pilot fully autonomous racecars and compete in a series of history-making events at iconic tracks. The IAC is working to establish a hub for performance automation in the state and is harnessing the power of innovative competitions to attract the best and the brightest minds from around the globe to further state-of-the-art technology in the safety and performance of autonomous vehicles. The IAC started as a $1 million prize competition with 31 university teams signing up to compete more than four years ago, representing top engineering and technology programs from 15 U.S. states and 11 countries. Follow the IAC on LinkedIn , Twitter , Instagram , Facebook , & YouTube . View source version on businesswire.com : https://www.businesswire.com/news/home/20241219471601/en/ IAC@OneMoreVolley.com KEYWORD: INDIANA NEVADA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ARTIFICIAL INTELLIGENCE EDUCATION PROFESSIONAL SERVICES MOTOR SPORTS INTERIOR DESIGN OTHER ENTERTAINMENT CONSTRUCTION & PROPERTY DATA ANALYTICS NANOTECHNOLOGY AUTOMOTIVE MANUFACTURING SOFTWARE NETWORKS MANUFACTURING VEHICLE TECHNOLOGY SPORTS HARDWARE ENTERTAINMENT ELECTRONIC DESIGN AUTOMATION DATA MANAGEMENT PERFORMANCE & SPECIAL INTEREST TECHNOLOGY AUTOMOTIVE AUTONOMOUS DRIVING/VEHICLES GENERAL AUTOMOTIVE UNIVERSITY SOURCE: The Indy Autonomous Challenge Copyright Business Wire 2024. PUB: 12/19/2024 03:44 PM/DISC: 12/19/2024 03:45 PM http://www.businesswire.com/news/home/20241219471601/en
NEW YORK — Technology stocks are dragging down the market Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.3%, with more than 90% of stocks in the benchmark index losing ground. The benchmark index was managing to hold onto a modest gain for the week. The Dow Jones Industrial Average fell 418 points, or 1%, to 42,878 as of 1:43 p.m. Eastern time. The Nasdaq composite fell 1.8%. Technology stocks were the biggest weight on the market Friday. Semiconductor giant Nvidia slumped 2.7%. Its enormous valuation gives it an outsize influence on indexes. Other Big Tech stocks losing ground included Microsoft, with a 2% decline. A wide range of retailers also fell. Amazon fell 1.9% and Best Buy slipped 1.8%. The sector is being closely watched for clues on how it performed during the holiday shopping season. Energy stocks held up better than the rest of the market, with a loss of just 0.1% as crude oil prices rose 1.4%. The S&P 500 gained nearly 3% over a 3-day stretch before breaking for the Christmas holiday. On Thursday, the index posted a small decline. “There’s just some uncertainty over this relief rally we’ve witnessed since last week,” said Adam Turnquist, chief technical strategist for LPL Financial. Despite Friday’s drop, the market is moving closer to another standout annual finish . The S&P 500 is on track for a gain of around 25% in 2024. That would mark a second consecutive yearly gain of more than 20%, the first time that has happened since 1997-1998. The gains have been driven partly by upbeat economic data showing that consumers continued spending and the labor market remained strong. Inflation, while still high, has also been steadily easing. A report on Friday showed that sales and inventory estimates for the wholesales trade industry fell 0.2% in November, following a slight gain in October. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. The stream of upbeat economic data and easing inflation helped prompt a reversal in the Federal Reserve’s interest rate policy this year. Expectations for interest rate cuts also helped drive market gains. The central bank recently delivered its third cut to interest rates in 2024. Even though Inflation has come closer to the central bank’s target of 2%, it remains stubbornly above that mark and worries about it heating up again have tempered the forecast for more interest rate cuts. Inflation concerns have added to uncertainties heading into 2025, which include the labor market’s path ahead and shifting economic policies under incoming President Donald Trump. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Amedisys rose 4.7% after the home health care and hospice services provider agreed to extend the deadline for its sale to UnitedHealth Group. The Justice Department had sued to block the $3.3 billion deal, citing concerns he combination would hinder access to home health and hospice services in the U.S. The move to extend the deadline comes ahead of an expected shift in regulatory policy under Trump. The incoming administration is expected to have a more permissive approach to dealmaking and is less likely to raise antitrust concerns. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. Markets in Europe gained ground. Bond yields held relatively steady. The yield on the 10-year Treasury rose to 4.61% from 4.59% late Thursday. The yield on the two-year Treasury slipped to 4.31% from 4.33% late Thursday. Wall Street will have more economic updates to look forward to next week, including reports on pending home sales and home prices. There will also be reports on U.S. construction spending and snapshots of manufacturing activity.Beyoncé Bowl now streaming on Netflix: Key moments to rewatch from masterful halftime showIndore (Madhya Pradesh): An advanced centre for treating muscular dystrophy will soon be established at Chacha Nehru Children’s Hospital. The decision was taken after parents of children with the rare genetic disorder met collector Asheesh Singh on Saturday, urging local therapy facilities for the ailing children. During the meeting, the parents explained the difficulties of travelling to cities like Bangalore, Kochi and Delhi for treatment. Parents also highlighted Prime Minister Narendra Modi's concern over muscular dystrophy in his 'Mann Ki Baat’ programme and requested the collector to take immediate action. In response, collector Singh directed the social justice department to initially start therapy services at the district divyang rehabilitation centre and prepare a plan to establish a larger facility at Chacha Nehru Hospital. Muscular dystrophy is a debilitating genetic condition that weakens muscles, affecting mobility, breathing, and cardiac health. Common forms include Duchenne (DMD), Becker (BMD), limb-girdle, and facioscapulohumeral muscular dystrophy. Treatment typically involves physiotherapy, occupational therapy, medication and surgery. During the meeting, parents were also informed about symptoms, prevention, and treatment options. The officials said the new advanced centre "aims to provide comprehensive care and reduce the burden on families seeking specialised therapy in distant cities."
Another stowaway caught on Delta flight raises major concerns about airport safetyWhy the Stock Market Is Selling OffYet another stowaway managed to board a major airline’s plane – renewing serious questions and concerns about airport safety during the busiest travel season of the year. This time, a stowaway tried to hitch a ride on Delta Air Lines Flight 487 at Seattle-Tacoma International Airport on Christmas Eve. The unticketed passenger was discovered while the plane was still taxiing out for takeoff to Honolulu, Delta Air Lines told CNN. The Transportation Security Administration and the Port of Seattle confirmed the incident to CNN. The incident came less than a month after another stowaway boarded a Delta airplane Thanksgiving week. That unticketed passenger made it all the way from New York’s John F. Kennedy International Airport to Paris before she was eventually arrested . People are also reading... Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024, in Seattle, Washington. And on Christmas Eve, a body was found in a wheel well of a United Airlines plane shortly after it traveled from Chicago’s O’Hare International Airport and landed in Maui. Hiding in a plane’s wheel well is the most common method used by stowaways , the Federal Aviation Administration said. Stowaways often get crushed when the landing gear retracts, and oxygen levels plummet as a plane reaches higher altitudes. In the Seattle incident, the stowaway went through a TSA security checkpoint the evening before the flight but wasn’t holding a boarding pass, an airport spokesperson told CNN. The next day, the person “gained access to the loading bridge without a scanned ticket at the gate,” airport media relations manager Perry Cooper said. Once the person was discovered, the Airbus A321neo returned to the gate to remove the unticketed passenger, Delta said. Port of Seattle police officers were dispatched to gate B1 at the airport around 1:05 p.m. for “a report of a suspicious circumstance” on the Delta flight. The person “ran out” of the aircraft before officers arrived, Cooper told CNN Friday. “The aircraft returned to the terminal and the subject departed the aircraft,” the Port of Seattle said. “With the help of video surveillance, POSPD were able to locate the subject in a terminal restroom. The subject was arrested for criminal trespass.” The unticketed passenger didn’t have any prohibited items, the TSA told CNN. “The aircraft was swept by K9 as well as all areas in the terminal accessed by the subject,” the Port of Seattle said. “The aircraft was deplaned and all passengers were escorted by TSA to return to the security checkpoint for rescreening.” CNN has reached out to the Port of Seattle for additional comment. Delta said the flight was delayed by two hours and 15 minutes. After the rescreening, it continued to Honolulu at 3 p.m. “As there are no matters more important than safety and security, Delta people followed procedures to have an unticketed passenger removed from the flight and then apprehended,” the Atlanta-based airline said in a statement. “We apologize to our customers for the delay in their travels and thank them for their patience and cooperation.” TSA said it “takes any incidents that occur at any of our checkpoints nationwide seriously. TSA will independently review the circumstances of this incident at our travel document checker station at Seattle/Tacoma International.” United, Apple rolling out new way to track lost luggage with AirTags How the person got through airport security is a question many want answered. There are a number of factors at play, according to former commercial airline pilot and aviation analyst, John Nance. “There are multiple causes that come into this, and they probably involve not only a bit of lackadaisical inattention,” Nance told CNN affiliate KING . “It may be training, it may be compliance, but it’s probably all of that.” It’s “embarrassing” for this situation to happen twice to the same airline and TSA, according to former Department of Homeland Security official Keith Jeffries, who was federal security director when he left the DHS in 2022. In his 20 years working with DHS and the TSA, Jeffries said he’s seen these situations multiple times. “It has happened before. It will happen again until they continue to strengthen that vulnerability,” Jeffries said. “The fact that it happened to the same airline, of course, couldn’t be more embarrassing, especially back-to-back, and during the holiday season, when there’s an extra alertness associated with the large holiday season,” Jeffries added. During the holidays, Jeffries explained, there’s typically more staffing at the airports being “extra vigilant.” TSA, airlines and airports have even more people present to ensure things like this don’t fall through the cracks, making these cases “even more concerning,” he said. If there is a “silver lining,” Jeffries said, it’s that Delta did catch the stowaway during the taxi, and they didn’t make it to Hawaii. The stowaway also didn’t have prohibited items when scanned through TSA, which is another plus, he said. “Everybody’s going to have to work together; TSA and the airlines on how they can strengthen both of those vulnerabilities, and in some cases, even work with the airport,” he said. Congress will likely scrutinize these incidents, Nance added. “But there will be no one paying more attention than the airlines themselves,” he said. ___ CNN’s Holly Yan, Pete Muntean, Amanda Musa and Nicole Chavez contributed to this report. 4 tips to help you experience exceptional cruise dining | PennyWise podcast PHOTOS: The top images of 2024 Elise Mertens, of Belgium, serves against Naomi Osaka, of Japan, at the BNP Paribas Open tennis tournament, on March 11, 2024, in Indian Wells, Calif. (AP Photo/Mark J. 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Hong) Atmaram, who goes by one name and was found living on the street a day earlier, eats breakfast at Saint Hardyal Educational and Orphans Welfare Society, a home for the aged and unwanted, on April 12, 2024, in New Delhi, India. (AP Photo/David Goldman) People help Liudmila, 85, board a bus after their evacuation from Vovchansk, Ukraine, on May 12, 2024. Her husband was killed in their house during a Russian airstrike on the city. (AP Photo/Evgeniy Maloletka) Prisoners reach out from their cell for bread at lunchtime at the Juan de la Vega prison in Emboscada, Paraguay, on July 12, 2024. (AP Photo/Rodrigo Abd) Members of the water safety team move into the impact zone on a jet ski to rescue a surfer under a rainbow during a training day ahead of the 2024 Summer Olympics surfing competition in Teahupo'o, Tahiti, on July 23, 2024. (AP Photo/Gregory Bull) Children play with the ropes of a ship docked on a beach in Parika, Guyana, on June 9, 2024. (AP Photo/Ramon Espinosa) Lava flows from a volcanic eruption that started on the Reykjanes Peninsula in Iceland, Nov. 20, 2024. (AP Photo/Marco di Marco) Actors make final adjustments to their costumes before the start of Ramleela, a dramatic folk re-enactment of the life of Rama according to the ancient Hindu epic Ramayana, in New Delhi, India, on Oct. 5, 2024. (AP Photo/Manish Swarup) Two men in Russian Cossack uniforms pose for a selfie with the Historical Museum in the background after visiting the mausoleum of the Soviet founder Vladimir Lenin, marking the 154th anniversary of his birth, in Moscow's Red Square, on April 22, 2024. (AP Photo/Alexander Zemlianichenko) A fisherman carries his catch of the day to market in Manta, Ecuador, on Sept. 24, 2024. (AP Photo/Dolores Ochoa) Ultra-Orthodox Jews look at part of an intercepted ballistic missile that fell in the desert near the city of Arad, Israel, on April 28, 2024. (AP Photo/ Ohad Zwigenberg) Margarita Salazar, 82, wipes sweat from her forehead in her home during an extreme heat wave in Veracruz, Mexico, on June 16, 2024. (AP Photo/Felix Marquez) People drive along a road littered with fallen power lines after the passing of Hurricane Rafael in San Antonio de los Banos, Cuba, on Nov. 7, 2024. (AP Photo/Ramon Espinosa) Palestinian activist Khairi Hanoon walks with the Palestinian flag on a damaged road following an Israeli army raid in Tulkarem, West Bank, on Sept. 3, 2024. (AP Photo/Majdi Mohammed) A polar bear and a cub search for scraps in a large pile of bowhead whale bones left from the village's subsistence hunting at the end of an unused airstrip near the village of Kaktovik, Alaska, on Oct. 15, 2024. (AP Photo/Lindsey Wasson) Vero Almarche, right, hugs her neighbor Maria Munoz, who was born in the house where they are photographed and which was destroyed by flooding in Masanasa, Valencia, Spain, on Nov. 6, 2024. (AP Photo/Emilio Morenatti) Wearing a device that measures his energy consumption, Israel Amputee Football Team player Ben Maman, left, fights for the ball with a young soccer player from a local team during a practice session in Ramat Gan, Israel, on April 11, 2024. (AP Photo/Leo Correa) First-graders attend the traditional ceremony for the first day of school in Zaporizhzhia, Ukraine, on Sept. 1, 2024. (AP Photo/Evgeniy Maloletka) An adult periodical cicada sheds its nymphal skin on May 11, 2024, in Cincinnati. There are two large compound eyes, which are used to visually perceive the world around them, and three small, jewel-like, simple eyes called ocelli at center. (AP Photo/Carolyn Kaster) Models wait backstage for a show to start during China Fashion Week in Beijing on March 28, 2024. (AP Photo/Ng Han Guan) Supporters of Republican presidential candidate former President Donald Trump hold signs as Democratic presidential nominee Vice President Kamala Harris passes by on her bus en route to a campaign stop at the Primanti Bros. restaurant in Pittsburgh, on Aug. 18, 2024. (AP Photo/Julia Demaree Nikhinson) Democratic presidential nominee Vice President Kamala Harris looks at a monitor backstage just before taking the stage for her final campaign rally on Nov. 4, 2024, the day before Election Day, in Philadelphia. (AP Photo/Jacquelyn Martin) Natasha Ducre surveys the kitchen of her devastated home, which lost most of its roof during the passage of Hurricane Milton, in Palmetto, Fla., on Oct. 10, 2024. (AP Photo/Rebecca Blackwell) Students beat a policeman with sticks during a protest over a controversial quota system for government job applicants in Dhaka, Bangladesh, on July 18, 2024. (AP Photo/Anik Rahman) A cat searches for food in a house burnt by rockets fired by Hezbollah in the town of Kiryat Shmona, northern Israel, near the border with Lebanon, on Feb. 29, 2024. (AP Photo/Ariel Schalit) Jewish ultra-Orthodox men dressed in costumes celebrate the Jewish festival of Purim in Bnei Brak, Israel, on March 24, 2024. The holiday commemorates the Jews' salvation from genocide in ancient Persia, as recounted in the Book of Esther. (AP Photo/Oded Balilty) People walk through a part of the Amazon River that shows signs of drought in Santa Sofia, on the outskirts of Leticia, Colombia, on Oct. 20, 2024. (AP Photo/Ivan Valencia) A young man watches the ball after diving while playing soccer on a dusty field in Abidjan, Ivory Coast, on Feb. 6, 2024. (AP Photo/Themba Hadebe) A girl plays a jump rope game at a school housing residents displaced by gang violence in Port-au-Prince, Haiti, on May 15, 2024. (AP Photo/Ramon Espinosa) A pod of Beluga whales swim through the Churchill River near Churchill, Manitoba, Canada, on Aug. 4, 2024. (AP Photo/Joshua A. Bickel) Buildings cover Gardi Sugdub Island, part of San Blas archipelago off Panama's Caribbean coast, on May 25, 2024. Due to rising sea levels, about 300 Guna Indigenous families are relocating to new homes, built by the government, on the mainland. (AP Photo/Matias Delacroix) A supporter of Republican presidential candidate former President Donald Trump waits for the start of his campaign rally in Doral, Fla., on July 9, 2024. (AP Photo/Rebecca Blackwell) Muslim pilgrims circumambulate the Kaaba, the cubic building at the Grand Mosque, during the annual Hajj pilgrimage in Mecca, Saudi Arabia, on June 11, 2024. (AP Photo/Rafiq Maqbool) Christophe Chavilinga, 90, suffering from mpox, waits for treatment at a clinic in Munigi, eastern Congo, on Aug. 16, 2024. (AP Photo/Moses Sawasawa) Ama Pipe, from Britain, center, receives the baton from teammate Lina Nielsen in a women's 4 X 400 meters relay heat during the World Athletics Indoor Championships at the Emirates Arena in Glasgow, Scotland, on March 3, 2024. (AP Photo/Bernat Armangue) Receive the latest in local entertainment news in your inbox weekly!