Israeli troops forcibly remove staff and patients from northern Gaza hospital, officials sayYou cannot make this up : “ OpenAI’s Board of Directors is evaluating our corporate structure in order to best support the mission of ensuring artificial general intelligence (AGI) 1 benefits all of humanity, with three objectives”. Yes, a $157 billion company board is still “evaluating” its corporate structure! OpenAI is in a mess because most of the founding partners are those who believe in the unalloyed supremacy of technology above all things. Yes, provided they can extend the Pythagorean postulation that the universe is numbers, and can pursue its practicalization in fixing market frictions, everything will fall into place. Unfortunately, that is an illusion, and OpenAI is learning the hard way. If they had incorporated this company as a for-profit company, the generative AI pioneer will not be going through this paralysis. But that was not the case as they went non-profit, and now want to evolve, and morph, into another species of companies. Unfortunately, that is not an easy thing, because the law is clear: if you are to dissolve that non-profit, the assets move to another non-profit or to the state for public good. Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025 ) opens registrations; register today for early bird discounts. Tekedia AI in Business Masterclass opens registrations here. Join Tekedia Capital Syndicate and i nvest in Africa’s finest startups here . Of course, how do you hand over $157 billion to the government? That is why the Board is still “evaluating” because they have no clear answers. When they are done, a simple suit will bring them to order. Many years ago, to fund my personal non-profit on electronics in Africa (via African Institution of Technology , a 501c3 charity, which has supported electronics education in 112 universities, click afrit.org for photos), I read the ordinance with the US Internal Revenue Service. Quickly, it became clear that it is better to go and make money, and use the profit to support any charity of interest, than setting up a non-profit directly for its purpose. That is what lawyers will tell you because you never know tomorrow. So, you will have Mastercard Foundation, Intel Foundation, etc funded by Mastercard, Intel, etc. The creator of ChatGPT cannot use ChatGPT to discover the right corporate structure because that is above the pay-compute-grade of ChatGPT. But if they had asked a recent law graduate, they possibly might have been saved from this. And that takes me to the message: use those lawyers, pay them, because they will save you from troubles. Today, I sent two documents to two different lawyers (yes, I use two ), and was happy when they independently returned: “Prof, it’s ready to go”, “Sir, everything looks nice”. Good People, respect lawyers because they serve as high priests on the altars of governments even if you are a tech prodigy. Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here .
Broncos hope to continue playoff push when they meet the banged-up Raiders
Haryana top bureaucrat vows action against contractors private firms failing to meet standardsJeeno Thitikul has a $4M finish to win LPGA finale and Maverick McNealy wins first PGA Tour title
GOLD: City Hall roadblocks discourage public participation at marathon meetingBroncos hope to continue playoff push when they meet the banged-up Raiders
JACKPOT — Jackpot Combined School officials announced the school has received two grants totaling $61,565 from the state of Nevada Office of Science, Innovation and Technology. The school, which received a Developing STEM School rating earlier this year from the Governor’s Office of Science and Technology, was awarded the grants to raise the its rating, according to an announcement on Wednesday. The rating can be raised to an Established or Model STEM School by integrating STEM into lessons, the school culture and the community. STEM stands for science, technology, engineering and mathematics. “This funding allows us to create unique opportunities for our students to learn STEM concepts through hands-on, real-world applications,” Principal Stormi McCarthy said. Jackpot Combined School staff celebrate their designation as a Developing STEM school during a ceremony in March. The first grant, a $25,000 award, will fund the Skill Struck STEM learning platform and teacher professional development, according to an announcement from the Elko County School District. The learning platform includes the launch of a student-run school store in which students will manufacture and sell products, gaining practical experiences in entrepreneurship and financial literacy, the district said. The second grant of $36,565 will support the Jackpot Community Greenhouse Project, which aims to build a commercial-grade greenhouse and provide related materials and professional development. The greenhouse will serve as a year-round outdoor classroom where students will cultivate plants, conduct research and collaborate with local industry partners, the district said. Students will gain skills in landscape design, plant science and problem-solving while addressing real-world challenges. Both initiatives align with the school’s strategic goals of improving STEM education, fostering community partnerships and preparing students for careers, according to the district. Get our local education coverage delivered directly to your inbox.CARLSBAD, Calif. , Dec. 18, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT ), a global leader in satellite communications, today announced that it has completed the divestiture of its Energy Services System Integration (SI) business to US-based private investment firm MAG Capital Partners. No further transaction details were announced. Gary Chase , Chief Financial Officer, Viasat said: "We are focused on taking strategic actions and continuously looking at ways to enhance our financial position and unlock value. This transaction is part of Viasat's strategy to actively manage our portfolio. While the SI business is a vibrant, stand-alone operation, it has minimal strategic synergies with our core growth businesses. "It made strong sense for the future of the SI business – its employees and customers – to find a new owner prioritizing large-scale telecoms project work to allow the business to reach its full potential. In MAG Capital Partners, we believe we have found an owner that will help the business continue to expand. We appreciate the many contributions of our SI colleagues and wish them continued success." SI, which was included in Viasat's acquisition of RigNet in 2021, provides engineering design, procurement services, shop assembly, factory acceptance testing, and "day 2" support for telecom systems installed on critical infrastructure projects. Approximately 80 employees currently engaged in the SI business will transfer to the new company, Nessco. The agreement includes the sale of the company's SI facility in Aberdeen, Scotland . No locations are expected to close as a result of the sale. Imperial Capital, LLC served as exclusive financial advisor to Viasat in connection with the sale of the SI business. About Viasat Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023 , Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com , the Viasat News Room or follow us on Facebook , Instagram , LinkedIn , X or YouTube . Copyright © 2024 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered in the U.S and in other countries to Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners. Forward-Looking Statements This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements that refer to the enhancement of financial performance and unlocking of value resulting from the active management of Viasat's portfolio; the number of employees expected to transfer to the new company; and the number of locations expected to close as a result of the sale. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: our ability to realize the anticipated benefits of any existing or future satellite; unexpected expenses related to our satellite projects; risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, launch, operational or deployment failure or degradation in satellite performance; increasing levels of competition in our target markets; our ability to successfully implement our business plan on our anticipated timeline or at all; changes in the global business environment and economic conditions; and our level of indebtedness and ability to comply with applicable debt covenants. In addition, please refer to the risk factors contained in our SEC filings available at www.sec.gov , including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements for any reason. SOURCE Viasat, Inc.
The standard Lorem Ipsum passage, used since the 1500s "Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.Ever seen a massive tanker ship...with wind sails? You might soon. That's because the Sohar Max, a 400,000-deadweight-ton vessel, was just retrofitted with five 35-meter rotor sails at China's COSCO Zhoushan shipyard, according to Bloomberg . The purpose is to reduce fuel use by 6% and cut annual carbon emissions by 3,000 tons. Bloomberg reported that the shipping industry already faces regulatory pressure to reduce emissions. Rotor sails remain uncommon, and the adoption of wind technologies hinges on cost savings. Their appeal may grow as shippers transition from oil to pricier, cleaner marine fuels, the report says. Nick Contopoulos, chief production and partnerships officer at Anemoi Marine Technologies, said: “There’s definitely an uptick in the adoption of wind propulsion and not just rotor sails, but other technologies too.” California, for example, just expanded its emissions regulations at its port, DNV wrote last month. Starting January 1, 2025, California will expand its emissions regulations for vessels at ports. Initially introduced in 2007 for container, passenger, and refrigerated-cargo ships, the rules now include Ro-Ro and tanker vessels. Ships must control emissions of NOx, PM 2.5, and reactive organic gases by connecting to onshore power, using approved exhaust capture systems, paying into a remediation fund, or adopting alternative fuels. Tanker vessels face phased compliance, starting with the ports of Los Angeles and Long Beach in 2025 and all California terminals by 2027. Most other emissions standards are "primarily governed by the International Maritime Organization (IMO)" and "require ships operating in designated Emission Control Areas (ECAs) to meet stricter sulfur fuel limits and engine emission standards".Sam Cane’s All Blacks legacy: Courage, criticism and a fitting farewell - Paul Lewis
Letter to the editor: Those playing blame game on Green Hill should look to judicial systemMany expected Patrick Mahomes and the Kansas City Chiefs to bounce back in a big way from their first loss of the season in Week 11 at the hands of the Buffalo Bills. However, in Week 12, the Carolina Panthers made it a close game that came down to the wire. Still, Mahomes led his team to a game-winning drive, as new Chiefs kicker Spencer Shrader drilled a 31-yard field goal as time expired, giving Kansas City a 30-27 win in Charlotte. Javascript is required for you to be able to read premium content. Thanks for the feedback.None
Cam Johnson has been a force for Nets in December
Caprock Group LLC reduced its position in Atmos Energy Co. ( NYSE:ATO – Free Report ) by 4.5% in the 3rd quarter, Holdings Channel reports. The fund owned 2,952 shares of the utilities provider’s stock after selling 140 shares during the period. Caprock Group LLC’s holdings in Atmos Energy were worth $409,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pathstone Holdings LLC grew its stake in Atmos Energy by 4.8% in the 3rd quarter. Pathstone Holdings LLC now owns 22,689 shares of the utilities provider’s stock worth $3,147,000 after acquiring an additional 1,030 shares during the period. LMR Partners LLP purchased a new stake in Atmos Energy in the 3rd quarter worth approximately $224,000. Quest Partners LLC grew its stake in Atmos Energy by 66.4% in the 3rd quarter. Quest Partners LLC now owns 13,410 shares of the utilities provider’s stock worth $1,860,000 after acquiring an additional 5,351 shares during the period. Mutual of America Capital Management LLC grew its stake in Atmos Energy by 6.3% in the 3rd quarter. Mutual of America Capital Management LLC now owns 36,605 shares of the utilities provider’s stock worth $5,077,000 after acquiring an additional 2,173 shares during the period. Finally, Natixis Advisors LLC grew its stake in Atmos Energy by 5.6% in the 3rd quarter. Natixis Advisors LLC now owns 88,670 shares of the utilities provider’s stock worth $12,299,000 after acquiring an additional 4,718 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors. Insider Activity at Atmos Energy In other news, Director Edward Geiser acquired 2,500 shares of the business’s stock in a transaction on Monday, November 11th. The shares were purchased at an average price of $144.89 per share, for a total transaction of $362,225.00. Following the acquisition, the director now directly owns 2,602 shares of the company’s stock, valued at $377,003.78. This represents a 2,450.98 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Company insiders own 0.50% of the company’s stock. Atmos Energy Stock Performance Atmos Energy Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Monday, November 25th will be issued a dividend of $0.87 per share. This is a positive change from Atmos Energy’s previous quarterly dividend of $0.81. The ex-dividend date of this dividend is Monday, November 25th. This represents a $3.48 annualized dividend and a dividend yield of 2.32%. Atmos Energy’s payout ratio is presently 46.87%. Analysts Set New Price Targets A number of equities analysts have weighed in on ATO shares. Morgan Stanley decreased their price target on shares of Atmos Energy from $145.00 to $143.00 and set an “overweight” rating on the stock in a report on Friday. LADENBURG THALM/SH SH lifted their price target on shares of Atmos Energy from $144.00 to $150.50 and gave the company a “buy” rating in a report on Wednesday, October 2nd. JPMorgan Chase & Co. lifted their price target on shares of Atmos Energy from $134.00 to $144.00 and gave the company an “overweight” rating in a report on Thursday, August 15th. Barclays lifted their price target on shares of Atmos Energy from $129.00 to $144.00 and gave the company an “equal weight” rating in a report on Monday, October 7th. Finally, StockNews.com upgraded shares of Atmos Energy from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $144.31. Check Out Our Latest Research Report on ATO Atmos Energy Profile ( Free Report ) Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. Read More Want to see what other hedge funds are holding ATO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atmos Energy Co. ( NYSE:ATO – Free Report ). Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter .Tesco online customers have been expressing their frustration as they've encountered difficulties in locating a key kitchen ingredient, with the retail giant confirming "supply issues" are to blame. The sought-after item in question is tomato puree, which has become scarce amidst problematic European tomato harvests. Patrons have taken to social media platforms to air their grievances. On November 20, one customer queried: "How come there's been no tomato puree on your online shopping app for weeks? " In response, Tesco acknowledged: "We are aware of a current supply issue with some tomato puree products. This is being looked into." Yet, they were unable to offer a timeframe for resolution, adding: "We have no ETA as to when they will be available again". Another shopper expressed their surprise on the same date, posting: "Shopping online and am shocked that you have no tomato puree in tubes available for delivery, unless I get a whoosh delivery - what gives? " Accompanying their post was a screenshot from the Tesco app displaying out-of-stock items such as Tesco Tomato Puree 200g and Heinz Double Concentrated Tomato Puree 130g. Despite this, it appears other brands like Mutti and Napolina are still available, as well as a selection of jarred tomato pastes. Tesco has been solicited for additional remarks regarding the situation, reports the Manchester Evening News . Keep up to date with all the latest breaking news and top stories from the North East with our free newsletter Recent reports suggest that climate change and other factors are impacting the tomato harvest in Italy, potentially contributing to the shortage. Francesco Mutti, CEO of the Mutti group, warned in Tomato News in September: "Water shortages have affected and are still affecting the fields. If not dealt with as a matter of great urgency, this could become a major problem in the next few years and lead to a significant economic weakening of one of the pillars of our southern Italian economy." However, he did not anticipate any immediate price hikes on supermarket shelves. Meanwhile, the Daily Express reports that changes to inheritance tax could result in further shortages for Tesco shoppers, as it may impact UK food production. From 2026, farmers will receive less generous tax relief, which could force them to sell land, potentially affecting product availability in supermarkets. Tom Amery, managing director at The Watercress Company, cautioned: "If we start selling of any of our farms, the reality is that we wouldn't be able to keep up with the supply. That would then definitely lead to shortages and intermittence in supply." He mentioned Tesco as one retailer that could be impacted, adding: "It could actually affect some of the contracts we have. We have contracts with MandS, Tesco, Asda - we've supplied Waitrose in the past, we could be supplying Waitrose in a couple of years' time." "All of those retailers need this consistent production process. If you don't supply these contracts consistently and you're not producing the crop every day of the year, that's when they get wobbly and they can withdraw products off the shelves." ChronicleLive is now on WhatsApp and we want you to join our communities. We have a number of communities to join, so you can choose which one you want to be part of and we'll send you the latest news direct to your phone. You could even join them all! To join you need to have WhatsApp on your device. All you need to do is choose which community you want to join, click on the link and press 'join community'. No one will be able to see who is signed up and no one can send messages except the ChronicleLive team. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you’re curious, you can read our privacy notice . Join the ChronicleLive Breaking News and Top Stories community Join our Court & Crime community Join the Things to do in Newcastle and the North East community Join our Northumberland community Join our County Durham community Join our Sunderland community Join our NUFC community Join our SAFC community Join our Great North Run community
BOSTON (AP) — UConn coach Jim Mora pulled a move that would make Bill Belichick proud while preparing the Huskies to play the notoriously churlish former New England Patriot’s next team in his old backyard. Mora and his players were more than 45 minutes late for what was scheduled as a 30-minute media availability a day before Saturday’s Fenway Bowl against North Carolina. Mora then gave a non-apology straight out of Belichick’s playbook. “We practice at a certain time the day before a game,” Mora said. “And we stuck to the script.” A six-time Super Bowl winner in New England with Tom Brady, Belichick was fired after going 4-13 in 2023, leaving him just 14 wins short of matching Don Shula’s all-time record for NFL victories. Unable to land a pro job at the age of 72, Belichick signed on with North Carolina — his first college gig — when they fired 73-year-old Mack Brown. Belichick hasn’t taken over on the Tar Heels’ sideline yet; interim coach Freddie Kitchens — another ex-Cleveland Browns coach — will lead them in the Fenway Bowl. But the future Hall of Famer’s potential return to a football field in Boston has been the biggest story ahead of Saturday’s game. Belichick did not attend media day, and Fenway Bowl executive director Brett Miller tried to preempt questions about him by asking reporters “to keep questions focusing on the players and coaches out here today.” “I don’t need to beat around the bush any more than that,” he said in comments that would have been cryptic if it weren’t so obvious to everyone who he meant. “I know there’s probably a lot of questions that you guys have about next year, particularly one side. Please do your best to keep it to these guys, because they’ve earned the right to be here.” The request wasn’t completely successful, with Kitchens taking a question about Belichick specifically and saying he talks to his new boss every day. Earlier this month, Kitchens said: “He asks questions; I answer the questions.” “I’m going to try to soak in all I can from him, and be a better coach because of it,” Kitchens said after Belichick was hired. “I love Carolina, I want what’s best for Carolina, and I know that right now at this moment in time, coach Belichick is what’s best for Carolina. “At the end of the day, he’s a ballcoach,” he said, “and I enjoy working for ballcoaches.” Mora also brushed off a question about whether the next Carolina coach would have any impact on Saturday’s game. “It’s irrelevant to us,” said Mora, who was 0-1 against Belichick in four seasons as an NFL head coach. “We can’t control the emotions of our opponents. And as far as I know, coach Belichick will not be taking the football field on Saturday, so it’s not relevant to this football team in our preparation. How they got here North Carolina (6-6) will be playing in a bowl for the sixth straight year – the second-longest streak in program history. The Tar Heels climbed from back-to-back nine-loss seasons in the final years of Larry Fedora to reach into The Associated Top 25 in each of the previous four seasons under Brown, who also coached them from 1988-97 in one of the most successful eras of Carolina football history. After starting out 3-0 this year, the Tar Heels lost four straight — including a 70-50 loss to Sun Belt Conference team James Madison. They won three more to gain bowl eligibility before a loss to Boston College that sealed Brown’s fate, and a season-ending loss to rival NC State. UConn is playing in its second bowl game in three seasons under Jim Mora, bouncing back from last year’s 3-9 record to post its first eight-win season since Randy Edsall took the Huskies to the Fiesta Bowl in 2010. An independent, UConn won all of its games against the non-Power 4 conferences and lost to Syracuse, Wake Forest and Duke of the Atlantic Coast Conference and Maryland of the Big Ten. Fenway Bowl history Miller said the bowl, which has struggled to find traction in a city more focused on the success of its professional sports teams, sold more tickets this year than in its first two. The Belichick angle is certainly part of that, but the game has also had some good success picking teams, hosting Louisville in 2022 — the year before the Cardinals climbed into The Associated Press Top 10 – and then SMU last year, one season before the Mustangs made the College Football Playoff. “Could one of these teams be next,” Miller said. “We’ll see.” ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college football: and
When it comes down to standout areas of the market, cryptocurrency could be a huge winner in 2025. And among the stocks in this field, ( ) is positioning itself as a standout contender for the hottest stock in 2025. This Canadian company made significant strides in the cryptocurrency mining industry, particularly with . And it is now expanding its horizons into the burgeoning field of (AI). Recent performance In the third quarter of 2024, Hut 8 reported impressive financial results. The company achieved revenue of $43.7 million, marking a substantial increase from previous periods. This growth was driven by the mining of 234 Bitcoins at an average revenue per Bitcoin of $61,025 – all while maintaining a cost to mine of $31,482, showcasing efficient operational management. Plus, Hut 8 reported a net income of $0.9 million and an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $5.6 million, reflecting its profitability and operational efficiency. A key factor contributing to Hut 8’s potential is its substantial Bitcoin reserve. As of September 30, 2024, the company held 9,106 Bitcoins in reserve, with a market value of approximately $576.5 million. This significant holding not only strengthens Hut 8’s balance sheet. It also positions it to capitalize on favourable market conditions in the space. Future outlook Looking ahead, Hut 8 outlined ambitious plans to enhance its mining capabilities. The company announced an upgrade to its Application-Specific Integrated Circuit (ASIC) mining fleet. That’s expected to increase its self-mining hash-rate by approximately 66%, from the current 5.6 EH/s to around 9.3 EH/s. This upgrade should improve fleet efficiency by about 37%, reducing energy consumption and operational costs. The energization of these new miners is slated for the first quarter of 2025, aligning with the company’s growth objectives. In addition to hardware upgrades, Hut 8 is expanding its infrastructure. The development of the Vega site is progressing on schedule, with energization expected in the second quarter of 2025. This site is projected to contribute significantly to the company’s hosting capabilities, further boosting its operational capacity and revenue potential. More to come Diversifying beyond cryptocurrency mining, Hut 8 entered the AI sector. The company launched its GPU-as-a-Service business through its subsidiary, Highrise AI, securing a five-year agreement with an AI cloud services provider. This strategic move allows Hut 8 to leverage its existing infrastructure to tap into the rapidly growing demand for AI computational services, thereby opening new revenue streams and reducing reliance on cryptocurrency market volatility. Hut 8’s proactive approach to capital management further underscores its commitment to growth. The company announced a $500 million equity offering aimed at funding operations and expanding its Bitcoin reserves. At the same time, it launched a $250 million share buyback program, demonstrating confidence in its valuation and future prospects. The company’s strategic partnerships also play a crucial role in its expansion plans. Collaborations with industry leaders, such as BITMAIN for the deployment of next-generation ASIC miners, should enhance Hut 8’s mining efficiency and capacity. These partnerships are instrumental in maintaining the company’s competitive edge in the rapidly evolving tech landscape. Bottom line Hut 8’s combination of strong financial performance, strategic infrastructure investments, diversification into AI services, and effective capital management positions it as a compelling contender for the hottest TSX stock in 2025. Investors seeking exposure to the intersection of the cryptocurrency and AI sectors may find Hut 8’s growth trajectory particularly appealing.Nokia Corporation Stock Exchange Release 27 December 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 27.12.2024 Espoo, Finland – On 27 December 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: * Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million. Total cost of transactions executed on 27 December 2024 was EUR 3,740,926. After the disclosed transactions, Nokia Corporation holds 220,370,243 treasury shares. Details of transactions are included as an appendix to this announcement. On behalf of Nokia Corporation BofA Securities Europe SA About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com Maria Vaismaa, Global Head of External Communications Nokia Investor Relations Phone: +358 40 803 4080 Email: investor.relations@nokia.com Attachment Daily Report 2024-12-27
KANSAS CITY, Kan., Dec. 18, 2024 (GLOBE NEWSWIRE) -- The painting was part of the collection the 11 Caesars of titian and was painted between 1536 and 1540. in 1734 This portrait, lost in a fire at the Royal Alcazar of Madrid in 1734, has been meticulously brought back to life using cutting-edge AI techniques, sparking a revolution in the way art and history are preserved and presented. A remarkable achievement in the fusion of art and technology has resulted in the resurrection of a long-lost painting, once part of the famed 11 Caesars series by Titian. This portrait, believed to have been created between 1536 and 1540, was destroyed in a devastating fire at the Royal Alcázar of Madrid in 1734. Now, thanks to the groundbreaking use of artificial intelligence, it has been meticulously reconstructed, sparking a new era in art conservation and historical preservation. Notable contributors to the project include Professor Hassan Ugail , a leader in Visual Computing at the University of Bradford; Carrie Baker , President of Veritas Art and a renowned specialist in Italian Renaissance art; Steven Seward , ARC Living Master; and Tomás Alonso de Corcuera , an expert in fine art research. The journey of this restoration, from initial concept to final execution, was documented in a peer-reviewed academic paper presented at Cyberworlds 2024 in Japan. The paper provided a detailed overview of the innovative AI-driven process, offering valuable insights to the academic and professional communities. Manuel Portela , President of AI Vanguard Art, emphasizes that the significance of this restoration goes far beyond a single portrait. "Throughout history, thousands of invaluable works of art have been destroyed or lost. This project demonstrates the immense potential of AI to revive these masterpieces, heralding a new chapter in art conservation and providing future generations with access to cultural treasures once thought irretrievable." Yan Antropov , CEO of AI Vanguard Art, highlights that the impact of this project transcends the mere act of restoration. "At AI Vanguard Art, we don’t just resurrect lost masterpieces—we forge a bridge between the past and the future. Each brushstroke revived with the power of our technology is more than a piece; it’s a doorway to the dreams, culture, and stories that shaped our humanity. This project is not merely about reclaiming what was lost, but about demonstrating that technology can be a powerful tool to preserve and honor our artistic legacy, granting future generations access to treasures once thought impossible to recover." AI Vanguard Art’s mission is to explore and harness the power of AI to bring lost masterpieces back to life, offering audiences a glimpse into a forgotten past. CONTACT Manuel Portela COMPANY AI Vanguard Art PHONE 9139516753 EMAIL mportela@aivanguardart.com WEB https://aivanguardart.com This press release was published by a CLEAR® Verified individual.None