Street battles broke out when a team of surveyors entered the Shahi Jama Masjid in Sambhal on orders from a local court. LUCKNOW - Indian Muslim protesters clashed with police on Nov 24 with at least two people killed in riots sparked by a survey investigating if a 17th-century mosque was built on a Hindu temple. “Two persons were confirmed dead,” Mr Pawan Kumar, a police officer in Sambhal in the northern state of Uttar Pradesh, told AFP, adding that 16 police officers were “seriously injured” during the clashes. The Press Trust of India news agency quoted officials saying three people had died. Hindu activist groups have laid claim to several mosques they say were built over Hindu temples during the Muslim Mughal empire centuries ago. Street battles broke out when a team of surveyors entered the Shahi Jama Masjid in Sambhal on orders from a local court, after a petition from a Hindu priest claiming it was built on the site of a Hindu temple. Protesters on Nov 24 hurled rocks at police, who fired tear gas canisters to clear the crowd. Hindu nationalist activists were emboldened earlier in 2024 when Prime Minister Narendra Modi inaugurated a grand new Hindu temple in the northern city of Ayodhya, built on grounds once home to the centuries-old Babri mosque. That mosque was torn down in 1992 in a campaign spearheaded by members of Mr Modi’s party, sparking sectarian riots that killed 2,000 people nationwide, most of them Muslims. Some Hindu campaigners see an ideological patron in Mr Modi. Calls for India to more closely align the country’s officially secular political system with its majority Hindu faith have rapidly grown louder since he was swept to office in 2014, making the country’s roughly 210-million-strong Muslim minority increasingly anxious about their future. AFP Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel nowRADCOM ( NASDAQ:RDCM – Get Free Report ) was upgraded by stock analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Friday. Separately, Needham & Company LLC reaffirmed a “buy” rating and set a $14.00 price target on shares of RADCOM in a research note on Thursday, August 8th. Get Our Latest Analysis on RDCM RADCOM Price Performance Institutional Inflows and Outflows Several large investors have recently modified their holdings of the stock. AWM Investment Company Inc. lifted its holdings in shares of RADCOM by 5.7% during the 1st quarter. AWM Investment Company Inc. now owns 840,795 shares of the technology company’s stock worth $9,383,000 after acquiring an additional 45,000 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of RADCOM by 30.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 304,064 shares of the technology company’s stock worth $3,144,000 after acquiring an additional 70,544 shares during the period. Russell Investments Group Ltd. raised its holdings in RADCOM by 4.4% in the first quarter. Russell Investments Group Ltd. now owns 116,551 shares of the technology company’s stock valued at $1,301,000 after buying an additional 4,935 shares during the period. Acadian Asset Management LLC raised its holdings in RADCOM by 6.2% in the second quarter. Acadian Asset Management LLC now owns 95,808 shares of the technology company’s stock valued at $881,000 after buying an additional 5,628 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in RADCOM in the first quarter valued at approximately $159,000. 48.32% of the stock is currently owned by hedge funds and other institutional investors. About RADCOM ( Get Free Report ) RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance. Recommended Stories Receive News & Ratings for RADCOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RADCOM and related companies with MarketBeat.com's FREE daily email newsletter .( MENAFN - Daily News Egypt) Three leading Egyptian banks-the National bank of Egypt (NBE), Banque Misr, and QNB AlAhli-have extended joint financing worth EGP 4.235bn to Al-Zahi Group. This financing aims to support key development projects, with NBE serving as the lead arranger, financing marketer, financing agent, and document bank within the alliance. Banque Misr acts as an initial main arranger, financing marketer, and account bank, while QNB AlAhli fulfills the role of an initial main arranger. The funding will be directed toward various projects, including facility design, land reclamation, infrastructure development, agricultural land leveling, establishing irrigation and drainage systems, and executing electrical and mechanical works. The signing ceremony was attended by prominent banking and business leaders, including Yehia Abou El-Fotouh, Deputy CEO of NBE; Sherif Riad, CEO of Corporate Banking Credit and Syndicated Loans at NBE; Mohamed Khairat, Head of Corporate Credit and Syndicated Loans at Banque Misr; Abdel Rahman Talaat, Head of Corporate Finance and Investment at QNB AlAhli; and Ahmed El Zahi, Chairman of Al-Zahi Group. Yehia Abou El-Fotouh highlighted that the financing aligns with NBE's strategy to support vital economic sectors, fostering growth across industries and value chains. He commended the efforts of the bank's team in conducting comprehensive studies and facilitating cooperation that culminated in this financing deal. Sherif Riad emphasized NBE's commitment to backing large-scale development projects in Egypt, particularly those that enhance food security and contribute to economic stability. He underscored the importance of expanding agricultural land and production, which reduces imports, improves trade balances, and creates job opportunities by leveraging modern technological methods. Mohamed Khairat reiterated Banque Misr's dedication to financing vital projects across diverse sectors to stimulate economic growth and enhance Egypt's competitiveness. He noted that this partnership reflects the bank's strategic goals of supporting the national economy, aligning with Egypt's Vision 2030 for sustainable development. Khairat also praised the collaboration among the participating banks, highlighting the shared commitment to advancing the national economy. QNB's Abdel Rahman Talaat stressed the importance of the banking sector's role in financing projects with significant economic and social impacts. He emphasized QNB Egypt's focus on supporting agricultural development to achieve food security, create thousands of jobs, and contribute to sustainable development goals. Talaat also noted QNB Egypt's growing influence in fostering major national projects through its strong relationships with international financial institutions. Ahmed El Zahi expressed gratitude for the collaboration with Egypt's leading banks, underscoring the importance of such partnerships in driving the nation's development. He highlighted Al-Zahi Group's diverse expertise in integrated general contracting, including river works, sidewalk construction, dredging, thermal and hydropower stations, roads and bridges, dams, and water and sewage networks. The company also specializes in complementary activities such as ready-mix concrete production, insulation, and polyethylene works. This joint financing underscores the critical role of Egypt's banking sector in fostering economic growth and supporting sustainable development across the nation. MENAFN23122024000153011029ID1109025660 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
If you've been following the electric vehicle (EV) industry, it's been an interesting ride so far. Some global markets are exploding much faster than North America, especially when you look at China, where recent monthly EV sales accounted for more than 50% of new vehicle sales. Lucid ( LCID 1.94% ) in particular has captured momentum, seemingly at the expense of rival Rivian , but is it a buy for long-term investors? What have you done for me lately? Lucid has an unfortunate trend in its short history of disappointing investors with its production hiccups, delays, and lower-than-expected deliveries. That said, management has quietly overcome those speed bumps and turned in three straight quarters of record deliveries. In fact, with Lucid hitting three consecutive quarterly records for deliveries, the company has now let consumers take the wheel of over 7,100 Lucid EVs in 2024, already easily topping the company's 2023 total of 6,001 deliveries. Despite the company's delivery momentum, which will only increase with the Gravity now officially on sale, its stock price has been stuck in reverse -- even when compared to rival Rivian, which posted a disappointing third-quarter delivery result due to a production snag of its own. RIVN data by YCharts. Stuck in reverse? Lucid's momentum with three quarters of record deliveries was essentially offset by a mixed third-quarter result and the announcement that the EV maker plans to sell more than 262 million shares in a public offering. If completed, the offering will also sell nearly 375 million shares to its majority shareholder, Saudi Arabia's Public Investment Fund (PIF), which only furthers the company's ties to Saudi Arabia. https://ir.lucidmotors.com/news-releases/news-release-details/lucid-group-inc-announces-public-offering-common-stock-and-0/ It's fair for investors to say this is expected, as we largely recognize these young EV makers will likely have to raise capital again before the companies become self-sustaining. It's also fair to note that Lucid's shareholder dilution is noticeable compared to Rivian, as a similar example. RIVN Shares Outstanding data by YCharts. Is Lucid a buy now? The silver lining is that the company's delivery momentum is poised to continue moving forward. That's because the company's Gravity EV SUV recently went on sale and will start contributing to deliveries in the near term. The execution of the Gravity launch and following production ramp-up will be needed for a strong finish to the year and to start 2025 with sales momentum. There's also a lesser-known step after the Gravity. Lucid plans to launch a midsize crossover priced lower than $50,000, before shipping, in about two years' time. The global EV industry seems to have an incredibly bright future as the world transitions from gasoline-powered vehicles to EVs, but early investors have to understand how speculative and risky these stocks are currently. Just take a glance at Fisker's bankruptcy mess. Lucid's current delivery momentum isn't enough to make it a buy now, but it is enough to place Lucid on your watch list as the company drives through speed bumps, expands its vehicle lineup, cuts costs, and tries to position itself as one of the top EV players in an expanding industry. The company's stock price is hovering just above all-time lows and offers an intriguing entry point for investors willing to accept the risk of owning Lucid. For those willing to take that risk, companies like Lucid should still round out a smaller position of your overall portfolio.
Croatia's President Zoran Milanovic will face conservative rival Dragan Primorac in an election run-off in two weeks' time after the incumbent narrowly missed out an outright victory on Sunday, official results showed. The results came after an exit poll, released immediately after the polling stations closed, showed that Milanovic, backed by the opposition left-wing Social Democrats, had scooped more than 50 percent of the first round vote and would thus avoid the January 12 run-off. Milanovic won 49.1 percent of the first round vote and Primorac, backed by the ruling conservative HDZ party, took 19.35 percent, according to results released by the state electoral commission from nearly all of the polling stations. On Sunday evening, Milanovic pledged to his supporters who gathered in Zagreb to "fight for Croatia with a clear stance, one that takes care of its interests". Such a strong lead for Milanovic, whom surveys labelled a favourite ahead of the vote, raises serious concerns for Prime Minister Andrej Plenkovic's HDZ. Late on Sunday, Primorac labelled the big difference between him and Milanovic a "challenge". "In the first round there were... a lot of candidates, it was not easy to present the programme fully. Now it's a great opportunity that Milanovic and I be one on one... to see who represents what," Primorac told his supporters in Zagreb. The election came as the European Union and NATO member country of 3.8 million people struggles with biting inflation, widespread corruption and a labour shortage. Among the eight contenders, centre-right MP Marija Selak Raspudic and green-left MP Ivana Kekin followed the two main rivals, the exit poll showed. The two women each won around nine percent of the vote. The president commands the Balkan country's armed forces and has a say in foreign policy. But despite limited powers, many believe the office is key for the political balance of power in a country mainly governed by the HDZ since independence in 1991. "All the eggs should not be in one basket," Nenad Horvat, a salesman in his 40s, told AFP. He sees Milanovic, a former leftist prime minister, as the "last barrier to all levers of power falling into the hands of HDZ", echoing the view of many that was reflected in Sunday's vote results. The 58-year-old Milanovic has been one of Croatia's leading and most colourful political figures for nearly two decades. Sharp and eloquent, he won the presidency for the Social Democrats (SDP) in 2020 with pledges to advocate tolerance and liberalism. But he used the office to attack political opponents and EU officials, often with offensive and populist rhetoric. Milanovic, who condemned Russia's aggression against Ukraine, has nonetheless criticised the West's military aid to Kyiv. That prompted the prime minister to label him a pro-Russian who is "destroying Croatia's credibility in NATO and the EU". Milanovic countered that he wanted to protect Croatia from being "dragged into war". Milanovic regularly pans Plenkovic and his HDZ party over systemic corruption, calling the premier a "serious threat to Croatia's democracy". Speaking on Sunday, Milanovic said that in the current global situation, all political stakeholders in the country should be "on the same side as much as possible, at least when it comes to fundamental issues such as the national security or borders". For many, the election is a continuation of the longstanding feud between two powerful politicians. "This is still about the conflict between the prime minister and president," political analyst Zarko Puhovski told AFP. "All the rest are just incidental topics." Primorac, a 59-year-old physician and scientist returning to politics after 15 years, campaigned as a "unifier" promoting family values and patriotism. ljv/bcAvante Corp. achieved 52% year-over-year revenue growth in the fiscal second quarter with Recurring Monthly Revenues improving by 29%. The Company expects continued growth in Fiscal 2025, fueled by the NSSG acquisition, technological innovation such as Halo, Avante Verified and WALL-E, and a strategic focus on combining organic expansion with tuck-in acquisitions. TORONTO-Ontario, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“ Avante ” or the “ Company ”) is pleased to announce its financial results for its second fiscal quarter ended September 30, 2024 all amounts in Canadian dollars thousands, unless otherwise indicated). Manny Mounouchos, Founder, Chief Executive Officer and Board Chair of Avante, commented, “The second quarter of fiscal 2025 marked another successful quarter of growth for Avante, with quarterly revenue increasing by 52% year-over-year. Our core business continues to thrive, reflected in a 29% growth in Recurring Monthly Revenue. The success of the NSSG acquisition has been a key driver of this growth, enabling us to expand our international revenue and elevate our global capabilities. Our proprietary Halo technology is now deployed in over 160 locations and continues to grow, with significant enhancements on the way. In addition to Halo, we’ve launched several innovative security solutions over the past year including Homeworxx, The Reserve (previously Toyboxx), Argus App, Avante Verified, Human-in-the-loop Remote Video Servies developed in partnership with Scylla, and WALL-E. Looking ahead, we plan to continue developing new tech-enabled products and integrating advanced third-party solutions. We remain committed to driving organic growth and enhancing profitability.” Raj Kapoor, Avante’s Chief Financial Officer, added, “I am pleased to report that we maintain a robust balance sheet, enabling us to fund the Company’s organic growth initiatives through positive cash flows from operations. The Company remains bank debt-free, with $3.9 million in cash on hand and access to $12 million in unused credit facilities. We have achieved positive Adjusted EBITDA in nine of the past eleven quarters while consistently maintaining strong gross margins. The outlook for the remainder of fiscal 2025 is highly positive, supported by our strong financial position, which enables us to pursue compelling acquisitions and advance key internal developments.” QUARTERLY FINANCIAL HIGHLIGHTS FOR THE SECOND FISCAL QUARTER ENDED SEPTEMBER 30, 2024 : Within continuing operations, the Company reported revenue of $8,089 during the second quarter of fiscal 2025, representing year-over-year revenue growth of 52%, or $2,750, compared to $5,339 for the prior fiscal year second quarter. The increase was due to the acquisition of NSSG, Avante Black growth and organic growth of its domestic business. Total gross profit from continuing operations increased by $1,359 in the second quarter of fiscal 2025 compared to the same quarter in fiscal 2024. Gross profit margins within continuing operations remained relatively stable at 43% compared to 40% during the prior year’s second quarter, indicating a consistent level of profitability. The Avante Security segment delivered recurring monthly revenues (“ RMR ”) of $3,666 during the second quarter of fiscal 2025, up from $2,834 during the Company’s second quarter in the prior year, a year-over-year growth of 29%. The increase was due to net growth in monitoring customers and the introduction of new recurring revenue services to the existing client base. The Company achieved Adjusted EBITDA gain from continuing operations of $338 during the second quarter, compared to a gain of $227 for the prior fiscal year second quarter. OUTLOOK Management maintains a positive outlook for Fiscal 2025. The Company’s long-term financials serve as a guide to developing and executing long-term corporate strategy. Management is pleased to reiterate the Company’s long-term financial objectives: Increase recurring monthly revenues; Achieve consolidated Adjusted EBITDA margins consistent with its industry; Achieve growth in Adjusted Net Income per share; Reinvest cashflows in future business growth. SUMMARY FINANCIAL RESULTS FOR THE SECOND FISCAL QUARTER ENDED SEPTEMBER 30, 2024 : Readers should refer to the Company’s financial statements and MD&A in respect of its second fiscal quarter ended September 30, 2024, for additional risk factors, accounting policies, detailed financial disclosures, reconciliation of non-IFRS financial measures to the most directly comparable IFRS financial measures, related party transactions, contingencies, and reporting of subsequent events. Such financial statements and MD&A are incorporated by reference into this news release and are filed electronically through the System for Electronic Document Analysis and Retrieval (“SEDAR+”), which can be accessed at www.sedarplus.ca. (1)Adjusted EBITDA and Recurring Monthly Revenues (“RMR”) are non-IFRS financial measures that have no standard meaning under IFRS and as a result may not be comparable to the calculation of similar measures by other companies. See Description of Non-IFRS Financial Measures. Reconciliations of Adjusted EBITDA and RMR to Net Income or Revenues, as applicable, are provided in the Company’s Management Discussion & Analysis (“MD&A”). The Company’s (“ RMR ”) from continuing operations during the last eight quarters are summarized below. Gross profit margins over the last eight quarters ranged between 37.7% and 44.2%, and were 41.9% on a trailing twelve-month basis to September 30, 2024: (1)The Company’s fiscal year end is on March 31 of each year. “F23” means the fiscal year ended March 31, 2023; and “F24” means the fiscal year ended March 31, 2024. INVESTOR WEBINAR SCHEDULED FOR TUESDAY, NOVEMBER 26, 2024 at 1:00 pm ET (10:00 am PT) The Company will also host an investor webinar to provide a corporate update and review its fiscal second quarter of fiscal 2025 financial results, on Tuesday, November 26, 2024, at 1:00 pm ET (10:00 am PT). The call will be hosted by: Emmanuel Mounouchos, CEO, Chairman, and Founder of Avante, and Raj Kapoor, CFO of Avante. Webinar Details: ABOUT AVANTE CORP. : Avante Corp Inc. is a Toronto based leading provider of security operatives and technology enabled security solutions to residential and commercial clients. Avante’s mission is to deliver an elevated level of security globally, with white-glove mentality to high- net-worth families and corporations alike, through advanced solutions and methods of detecting conditions that require immediate response. The Company has developed a diversified security platform that leverages advanced technology solutions to provide a superior level of security services. With an experienced team and proven track record of solid growth, Avante is taking steps to establish a broad portfolio of security businesses and solutions for its customers through organic growth complemented by strategic acquisitions. Avante acquires, manages and builds industry leading businesses which provide specialized, mission-critical solutions that address the security risks of its clients. Avante is listed on the TSX Venture Exchange under the ticker “ XX ”. For more information, please visit www.avantecorp.ca and consider joining our investor email list. Emmanuel Mounouchos Founder, CEO & Board Chair, Avante Corp. 416-923-6984 manny@avantesecurity.com This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities described herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release does not constitute an offer of securities for sale in the United States. The securities described herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements. Non-IFRS Financial Measures This press release includes certain measures which have not been prepared in accordance with International Financial Reporting Standards (“IFRS”) such as EBITDA, Adjusted EBITDA and Recurring Monthly Revenue (“RMR”). These non-IFRS measures are not recognized under IFRS and and do not have a standardized meaning prescribed by IFRS. Accordingly, users are cautioned that these measures should not be construed as alternatives to net income determined in accordance with IFRS. The non-IFRS measures presented are unlikely to be comparable to similar measures presented by other issuers. References to EBITDA are to net income before interest, taxes, depreciation and amortization. References to Adjusted EBITDA are to net income before interest, taxes, depreciation, amortization of intangibles & capitalized commissions, share-based payments, acquisition, integration and / or reorganization costs, deferred financing costs, loss (gain) in fair value of derivative liability and expensing of fair value adjustments per IFRS. Recurring Monthly Revenues , or RMR , represent revenue during the fiscal period that benefited from contractual periodic billing to customers, typically monthly, quarterly or annually. Management believes that Adjusted EBITDA and Recurring Monthly Revenues are appropriate additional measures for evaluating Avante’s performance. Readers are cautioned that neither EBITDA, Adjusted EBITDA nor Recurring Monthly Revenues should be construed as an alternative to net income or revenues (as such financial measures are determined under IFRS), as an indicator of financial performance or to cash flow from operating activities (as determined under IFRS) or as a measure of liquidity and cash flow. Avante’s method of calculating EBITDA, Adjusted EBITDA and Recurring Monthly Revenues may differ from methods used by other issuers and, accordingly, Avante’s reported Non-IFRS measures may not be comparable to similar measures used by other issuers. Forward-Looking Information This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the Company and the environment in which it operates. Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may” “estimate”, “pro-forma” and other similar expressions. These statements are based on the Company’s expectations, estimates, forecasts and projections. The forward-looking statements in this news release are based on certain assumptions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the Company’s ability to achieve the benefits expected as a result of the sale of Logixx Security Inc., anticipated growth from acquisitions, new service offerings and from development and deployment of new technologies and the list of risk factors identified in the Company’s Management Discussion & Analysis (MD&A), Annual Information Form (AIF) and other continuous disclosure documents available at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update any such statement, whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
49ers’ Purdy throws without pain, while it’s wait and see with Bosa, WilliamsNone
DeSantis, Trump Mend Fences After Florida Cannabis Split While Pete Hegseth Scandal DeepensNebraska women’s basketball player Callin Hake summed it up as well as anyone could. “I think in South Dakota we shot the crap out of it, which is awesome,” the guard from Minnesota said. On that night last weekend in Sioux Falls, South Dakota, the Huskers made a school-record 20 3-pointers on 58% shooting beyond the arc in a 113-70 win against South Dakota. That was three more than the previous record, from 2010. Now comes another game against Creighton where the series at times has at times been defined by the 3-point line — both the ability to make and defend it. The 3-point line is something to watch closely again when the Huskers and Bluejays play at 4 p.m. Friday at Sokol Arena in Omaha, a few hours before the men’s teams from the same schools play at CHI Health Center Omaha. People are also reading... Creighton (1-2) has won two straight in the series. Last year, Morgan Maly made three 3-pointers in the first three minutes of the game and Creighton led the entire game while winning 79-74. Creighton didn’t keep its hot 3-point shooting going the entire game but made nine and outscored the Huskers by 18 points beyond the arc. Nebraska was 3-for-21 on 3-pointers. In 2022, Creighton blasted the Huskers 77-51 after making five of its first eight 3-pointers. “One thing I know is they (Creighton) all shoot it pretty well,” Nebraska coach Amy Williams said. “Last year we gave up eight made threes in the first quarter. That’s something we’ll have to shore up. They’re very, very good off the ball with their movement and cuts so you’re positioning really matters. We’ll have to make the hustle plays and not give them second-chance opportunities.” Creighton has won seven of the last eight meetings with the Huskers. The Bluejays are averaging 10.4 made threes per game during the stretch, while Nebraska is averaging 3.6. The 5-0 and 21st-ranked Huskers faced a major dose of adversity this week when sophomore forward Natalie Potts sustained a season-ending knee injury during Tuesday’s game against North Alabama. She’s scheduled for surgery in two weeks. Williams called the injury is “devastating.” “What a start she’s had to the season, leading our team in scoring and rebounding,” Williams said. “She worked really hard this offseason.” Nebraska's Callin Hake attempts a 3-pointer against Southern on Nov. 12 at Pinnacle Bank Arena. Creighton has reached the NCAA Tournament the past three seasons, making the Elite Eight in 2022, the first round in 2023 and the second round in 2024 with several of the same players that are on the team this year. Creighton may be the most experienced team the Huskers face all season, as the Bluejay playing rotation includes five graduate students, two seniors and two juniors. “We’re incredibly familiar with their roster, and they’re incredibly familiar with our roster,” Williams said. Creighton guard Lauren Jensen has already gone off this season, scoring a career-high 32 in an 80-72 win against Drake. She was 6-for-10 on threes and made each of her six two-point shots. One thing new to the series for Nebraska is Britt Prince, the freshman from Elkhorn North getting her first taste of playing against her hometown school. In the past two games combined, Prince is 15 for 21 shooting. She’s driving to the basket, and also shooting 3s. “She’s gotten more aggressive, and I’d like to see her be even more aggressive,” Williams said. The 113-70 win against South Dakota showed the Huskers what it can look like this season. The Huskers zipped passes around the perimeter to get lots of good 3-point chances. Nebraska had 33 assists on 41 field goals. Hake felt like a lot of inside-outside passes helped the Huskers to the fourth-best scoring total in program history. “When you have posts that are willing to kick it out and give you dimes for passes that makes shooting in a guard’s job a lot easier,” Hake said. “I think we really wanted to carry that forward. But we don’t want to live and die by the three.” Projected starters Nebraska (5-0) G – Britt Prince; 5-11; Fr.; 13.0 G – Callin Hake; 5-8; Jr.; 6.0 G – Alberte Rimdal; 5-9; Sr.; 10.4 G – Logan Nissley; 6-0; So.; 8.0 C – Alexis Markowski; 6-3; Sr.; 13.8 Creighton (1-2) Player; Ht.; Yr.; PPG. G – Molly Mogensen; 5-7; Sr.; 6.0 G – Lauren Jensen; 5-10; Sr.; 21.3 G – Kiani Lockett; 5-8; Jr.; 11.3 G – Mallory Brake; 6-0; Sr.; 2.7 F – Morgan Maly; 6-1; Sr.; 15.3 Photos: Nebraska women's basketball hosts North Alabama — Nov. 19 Nebraska head coach Amy Williams greets the team after defeating North Alabama, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Jessica Petrie (right) scores next to North Alabama's Rhema Pegues, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Alberte Rimdal (left) is defended by North Alabama's Veronaye Charlton, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Britt Prince (left) scores next to North Alabama's India Howard, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Logan Nissley (2) defends against North Alabama's Sofia Ceppellotti, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. North Alabama's Cameron Jones (left) defends against Nebraska's Alexis Markowski, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Callin Hake (left) looks to score next to North Alabama's Veronaye Charlton, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Alexis Markowski attempts a free throw against North Alabama, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Callin Hake (left) scores next to North Alabama's India Howard on Tuesday at Pinnacle Bank Arena. Nebraska's Natalie Potts is taken off the court after an injury during the North Alabama game, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Natalie Potts is helped off of the court after suffering an apparent knee injury in the Huskers' win against North Alabama on Tuesday at Pinnacle Bank Arena. Nebraska's Natalie Potts is taken off the court after an injury during the North Alabama game, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Callin Hake (right) picks up a turnover next to North Alabama's Sarang West, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Kendall Moriarty scores a 3-pointer against North Alabama, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Alexis Markowski (right) is defended by North Alabama's Cameron Jones (left) and Alyssa Clutter, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Amiah Hargrove (center) is defended by North Alabama's Katie Criswell (left) and Jazzy Klinge, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Natalie Potts (right) grabs a rebound next to North Alabama's Rhema Pegues, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Nebraska's Natalie Potts grabs a rebound against North Alabama, Tuesday, Nov. 19, 2024, at Pinnacle Bank Arena. Reach the writer at 402-473-7435 or bwagner@journalstar.com . On Twitter @LJSSportsWagner. 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Hensley 4-14 5-6 15, Massey 2-4 0-0 4, Davis 5-13 4-6 16, Dibba 4-11 4-4 12, Mayo 1-7 0-0 2, Sharp 3-6 1-1 7, Aligbe 4-5 1-2 9, Sykes 3-6 0-3 7, Steffe 2-5 1-2 7. Totals 28-71 16-24 79. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Who will replace Ray Hadley? Bizarre theory emerges over broadcast veteran's potential successorMr Carter, a former peanut farmer, served one term in the White House between 1977 and 1981, taking over in the wake of the Watergate scandal and the end of the Vietnam War. After his defeat by Ronald Reagan, he spent his post-presidency years as a global humanitarian, winning the Nobel Peace Prize in 2002. His death on Sunday was announced by his family and came more than a year after he decided to enter hospice care. He was the longest-lived US president. His son, Chip Carter, said: “My father was a hero, not only to me but to everyone who believes in peace, human rights and unselfish love. “My brothers, sister and I shared him with the rest of the world through these common beliefs. “The world is our family because of the way he brought people together, and we thank you for honouring his memory by continuing to live these shared beliefs.” World leaders have paid tribute to Mr Carter, including US President Joe Biden, who was one of the first politicians to endorse Mr Carter for president in 1976 and said the world had “lost an extraordinary leader, statesman and humanitarian”. He said: “Over six decades, we had the honour of calling Jimmy Carter a dear friend. But, what’s extraordinary about Jimmy Carter, though, is that millions of people throughout America and the world who never met him thought of him as a dear friend as well. Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia. pic.twitter.com/aqYmcE9tXi — The Carter Center (@CarterCenter) December 29, 2024 “With his compassion and moral clarity, he worked to eradicate disease, forge peace, advance civil rights and human rights, promote free and fair elections, house the homeless, and always advocate for the least among us. “He saved, lifted, and changed the lives of people all across the globe.” Irish President Michael D Higgins said Mr Carter was “a principled man who dedicated his life to seeking to advance the cause of peace across the world”. He added: “On behalf of the people of Ireland, may I express my sympathies to President Carter’s children and extended family, to President Joe Biden, to the people of the United States, and to his wide circle of colleagues and friends across the globe.” Mr Carter is expected to receive a state funeral featuring public observances in Atlanta and Washington DC before being buried in his home town of Plains, Georgia. A moderate democrat born in Plains in October 1924, Mr Carter’s political career took him from the Georgia state senate to the state governorship and finally, the White House, where he took office as the 39th president. His presidency saw economic disruption amid volatile oil prices, along with social tensions at home and challenges abroad including the Iranian revolution that sparked a 444-day hostage crisis at the US embassy in Tehran. But he also brokered the Camp David Accords between Egypt and Israel, which led to a peace treaty between the two countries in 1979. After his defeat in the 1980 presidential election, he worked for more than four decades leading the Carter Centre, which he and his late wife Rosalynn co-founded in 1982 to “wage peace, fight disease, and build hope”. Under his leadership, the Carter Center managed to virtually eliminate Guinea Worm disease, which has gone from affecting 3.5 million people in Africa and Asia in 1986 to just 14 in 2023. Mrs Carter, who died last year aged 96, had played a more active role in her husband’s presidency than previous first ladies, with Mr Carter saying she had been “my equal partner in everything I ever accomplished”. Earlier this year, on his 100th birthday, Mr Carter received a private congratulatory message from the King, expressing admiration for his life of public service.NEW YORK (AP) — U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation . The S&P 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its best years since the 2000 dot-com bust. The Dow Jones Industrial Average dipped 123.19 points, or 0.3%, while the Nasdaq composite rose 0.8% to set its own record. The quiet trading came after the latest jobs report came in mixed enough to strengthen traders’ expectations that the Federal Reserve will cut interest rates again at its next meeting in two weeks. The report showed U.S. employers hired more workers than expected last month, but it also said the unemployment rate unexpectedly ticked up to 4.2% from 4.1%. “This print doesn’t kill the holiday spirit and the Fed remains on track to deliver a cut in December,” according to Lindsay Rosner, head of multi-sector investing within Goldman Sachs Asset Management. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set an all-time high 57 times so far this year. And the Fed is part of a global surge: 62 central banks have lowered rates in the past three months, the most since 2020, according to Michael Hartnett and other strategists at Bank of America. Still, the jobs report may have included some notes of caution for Fed officials underneath the surface. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, pointed to average wages for workers last month, which were a touch stronger than economists expected. While that’s good news for workers who would always like to make more, it could keep upward pressure on inflation. “This report tells the Fed that they still need to be careful as sticky housing/shelter/wage data shows that it won’t be easy to engineer meaningfully lower inflation from here in the nearer term,” Wren said. So, while traders are betting on an 85% probability the Fed will ease its main rate in two weeks, they’re much less certain about how many more cuts it will deliver next year, according to data from CME Group. For now, the hope is that the job market can help U.S. shoppers continue to spend and keep the U.S. economy out of a recession that had earlier seemed inevitable after the Fed began hiking interest rates swiftly to crush inflation. Several retailers offered encouragement after delivering better-than-expected results for the latest quarter. Ulta Beauty rallied 9% after topping expectations for both profit and revenue. The opening of new stores helped boost its revenue, and it raised the bottom end of its forecasted range for sales over this full year. Lululemon stretched 15.9% higher following its own profit report. It said stronger sales outside the United States helped it in particular, and its earnings topped analysts’ expectations. Retailers overall have been offering mixed signals on how resilient U.S. shoppers can remain amid the slowing job market and still-high prices. Target gave a dour forecast for the holiday shopping season, for example, while Walmart gave a much more encouraging outlook. A report on Friday suggested sentiment among U.S. consumers may be improving more than economists expected. The preliminary reading from the University of Michigan’s survey hit its highest level in seven months. The survey found a surge in buying for some products as consumers tried to get ahead of possible increases in price due to higher tariffs that President-elect Donald Trump has threatened. In tech, Hewlett Packard Enterprise jumped 10.6% for one of the S&P 500’s larger gains after reporting stronger profit and revenue than expected. Tech stocks were some of the market’s strongest this week, as Salesforce and other big companies talked up how much of a boost they’re getting from the artificial-intelligence boom. All told, the S&P 500 rose 15.16 points to 6,090.27. The Dow dipped 123.19 to 44,642.52, and the Nasdaq composite climbed 159.05 to 19,859.77. In the bond market, the yield on the 10-year Treasury yield slipped to 4.15% from 4.18% late Thursday. In stock markets abroad, France’s CAC 40 rose 1.3% after French President Emmanuel Macron announced plans to stay in office until the end of his term and to name a new prime minister within days. Earlier this week, far-right and left-wing lawmakers approved a no-confidence motion due to budget disputes, forcing Prime Minister Michel Barnier and his cabinet to resign. In Asia, stock indexes were mixed. They rallied 1.6% in Hong Kong and 1% in Shanghai ahead of an annual economic policy meeting scheduled for next week. South Korea’s Kospi dropped 0.6% as South Korea’s ruling party chief showed support for suspending the constitutional powers of President Yoon Suk Yeol after he declared martial law and then revoked that earlier this week. Yoon is facing calls to resign and may be impeached. Bitcoin was sitting near $101,500 after briefly bursting above $103,000 to a record the day before. AP Writers Matt Ott and Zimo Zhong contributed.
WASHINGTON, D.C . - Today, the U.S. Department of Energy (DOE) announced $179 million in funding for three Microelectronics Science Research Centers (MSRCs). These three MSRCs will perform basic research in microelectronics materials, device and system design, and manufacturing science to transform future microelectronics technologies. The MSRCs were authorized by the Micro Act, passed in the CHIPS and Science Act of 2022, and complement the activities appropriated under the CHIPS and Science Act at the Department of Commerce, the Department of Defense, and other agencies. For decades, DOE has been at the leading edge of microelectronics, both as a consumer and as an engine of scientific understanding that has enabled many of the technological breakthroughs adopted by industry. Today, as we look beyond Moore’s Law, the emergence of new computing, artificial intelligence , and sensing workloads, in addition to rapidly expanding data, have resulted in an unprecedented need and opportunity to redesign the microelectronics materials and innovation process. In addition to needing more energy efficient microelectronics, DOE also needs microelectronics designed to operate in extreme environments, including high-radiation, cryogenic, and high magnetic field environments. “Advancements in microelectronics are critical to furthering scientific discovery,” said Harriet Kung, DOE’s Office of Science Deputy Director for Science Programs . “The innovations that come from these research centers will improve our daily lives and drive forward U.S. leadership in science and technology.” The three MSRCs are: The centers are formed as networks of projects, 16 in total led out of 10 national laboratories. These projects were selected by competitive peer review under the DOE Laboratory Announcement “Microelectronics Science Research Center Projects for Energy Efficiency and Extreme Environments.” Total funding is $179 million for projects lasting up to four years in duration, with $41 million in Fiscal Year 2024 dollars and outyear funding contingent on congressional appropriations. The list of projects and more information can be found on the Office of Science program homepage. Selection for award negotiations is not a commitment by DOE to issue an award or provide funding. Before funding is issued, DOE and the applicants will undergo a negotiation process, and DOE may cancel negotiations and rescind the selection for any reason during that time.
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The American Athletic Conference is the only Football Bowl Subdivision league whose championship game matchup is set: Army vs. Tulane. The final week of the regular season will determine pairings for the other eight conferences. Here's a look at the possible matchups in the Power Four and Group of Five. All championship games are Dec. 7 except in the AAC, Conference USA and Mountain West, which will be played Dec. 6. SMU vs. Miami or Clemson. Miami is in if it beats Syracuse. Clemson is in if Miami loses. Oregon vs. Ohio State, Penn State or Indiana. Ohio State is in if it beats Michigan or if Penn State and Indiana lose this week. Penn State is in if it beats Maryland and Ohio State loses. Indiana is in if it beats Purdue and Ohio State and Penn State lose. Arizona State vs. Iowa State if both win this week. Multiple scenarios including BYU, Colorado and other teams exist otherwise. Georgia vs. winner of Texas-Texas A&M game. Army vs. Tulane. Jacksonville State vs. Liberty, Western Kentucky or Sam Houston. Liberty is in with a win over Sam Houston. WKU is in with a win over Jacksonville State and a Liberty loss. Sam Houston is in with a win over Liberty and a Jacksonville State win. Miami, Bowling Green and Ohio are tied for first place and control their destinies. Miami-Bowling Green winner is in, as is Ohio if it beats Ball State. Other scenarios exist that include those teams and Buffalo. Boise State vs. UNLV or Colorado State. If UNLV and CSU both win or lose their final regular-season games, the tie would be broken by either College Football Playoff rankings or results-based computer metrics. Louisiana-Lafayette at Marshall if both win their games this week. Other scenarios exist if one or both lose. 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-footballDepartment of Energy Announces $179 Million for Microelectronics Science Research CentersMemphis fights off No. 2 UConn in OT in Maui Invitational thrillerMeet the Newest Stock-Split Stock in the Dow Jones. It Has Soared 910% Since Early Last Year, and It's Still a Buy Right Now, According to Wall Street
Labour leader Ivana Bacik has admitted that the “shouty behaviour” seen in the Dáil has “impacted on people’s behaviour” when canvassers knock on their door. In an interview with the Irish Mirror, the Dublin Bay South candidate said that she has had several “unpleasant” incidents on the doorsteps where people have “shouted” at her. She also conceded that her seat in the battleground constituency is not safe and she will not take anything “for granted”. READ MORE: Simon Harris says it's 'entirely possible' there will be Irish unity in his lifetime READ MORE: Disability worker 'shaken and upset' after exchange with Simon Harris in Cork Ms Bacik was in several high-profile fraught exchanges with independent TDs in the last Dáil. This included a scrap with Kerry candidate Michael Healy Rae over the infamous Leinster House bikeshed. During the argument, Ms Bacik told him to “shut up”. The Labour leader has repeatedly stated that she was surprised when she moved from the Seanad to the Dáil by the “adversarial” nature of the debate in the Lower House. Ms Bacik told the Irish Mirror that the manner in which politicians speak to each other is now impacting how voters speak to politicians. “Most people on doors are really civil, really polite, really respectful,” she explained. “I love canvassing. It's my favourite thing in an election campaign. Every hour I'm not out knocking on a door, I am twitching. “But certainly, the sort of discourteous shouty behaviour that we've seen in the Dáil, I think does have an impact. I think it's true. “It does have an impact on people's behaviour. People see it as a kind of threshold of decency in politics. “Occasionally, over the last few days, I have had people shout at me in the doors. It has been really unpleasant. “[About] the most random things. Random is probably the wrong word, things that matter to people personally but may not be... “Immigration, okay, that’s not random, clearly. That’s something that people have [concerns about]. “But things that are very particular to individuals. One person about football, this sort of thing. “It's disrespectful, it’s discourteous. I think it's sad to see that level of rudeness creeping in anywhere. “It's certainly very much a trend, as we all know, on social media, where the comments can be posted anonymously, “It's always disheartening to see people being rude on the doors.” Asked by the Irish Mirror if her seat was safe, Ms Bacik said, “No, not at all”. She continued: “I'll be standing on my track record. I was only elected for the first time three years ago, but I've been really working very, very hard in the community. “Certainly, we're getting very positive responses on the doors, but we are absolutely fighting as it's a very crowded field this time. “Dublin Bay South is being talked of as one of the more crowded battleground constituencies. We're very conscious of that, so we are absolutely fighting for the seat.” Join the Irish Mirror’s breaking news service on WhatsApp. Click this link to receive breaking news and the latest headlines direct to your phone. 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. If you’re curious, you can read our Privacy Notice .Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Every week — sometimes every day—a new state-of-the-art AI model is born to the world. As we move into 2025, the pace at which new models are being released is dizzying, if not exhausting. The curve of the rollercoaster is continuing to grow exponentially, and fatigue and wonder have become constant companions. Each release highlights why this particular model is better than all others, with endless collections of benchmarks and bar charts filling our feeds as we scramble to keep up. Eighteen months ago, the vast majority of developers and businesses were using a single AI model . Today, the opposite is true. It is rare to find a business of significant scale that is confining itself to the capabilities of a single model. Companies are wary of vendor lock-in, particularly for a technology which has quickly become a core part of both long-term corporate strategy and short-term bottom-line revenue. It is increasingly risky for teams to put all their bets on a single large language model (LLM). But despite this fragmentation, many model providers still champion the view that AI will be a winner-takes-all market. They claim that the expertise and compute required to train best-in-class models is scarce, defensible and self-reinforcing. From their perspective, the hype bubble for building AI models will eventually collapse, leaving behind a single, giant artificial general intelligence (AGI) model that will be used for anything and everything. To exclusively own such a model would mean to be the most powerful company in the world. The size of this prize has kicked off an arms race for more and more GPUs, with a new zero added to the number of training parameters every few months. We believe this view is mistaken. There will be no single model that will rule the universe, neither next year nor next decade. Instead, the future of AI will be multi-model. Language models are fuzzy commodities The Oxford Dictionary of Economics defines a commodity as a “standardized good which is bought and sold at scale and whose units are interchangeable.” Language models are commodities in two important senses: But while language models are commoditizing, they are doing so unevenly. There is a large core of capabilities for which any model, from GPT-4 all the way down to Mistral Small, is perfectly suited to handle. At the same time, as we move towards the margins and edge cases, we see greater and greater differentiation, with some model providers explicitly specializing in code generation, reasoning, retrieval-augmented generation (RAG) or math. This leads to endless handwringing, reddit-searching, evaluation and fine-tuning to find the right model for each job. And so while language models are commodities, they are more accurately described as fuzzy commodities . For many use cases, AI models will be nearly interchangeable, with metrics like price and latency determining which model to use. But at the edge of capabilities, the opposite will happen: Models will continue to specialize, becoming more and more differentiated. As an example, Deepseek-V2.5 is stronger than GPT-4o on coding in C#, despite being a fraction of the size and 50 times cheaper. Both of these dynamics — commoditization and specialization — uproot the thesis that a single model will be best-suited to handle every possible use case. Rather, they point towards a progressively fragmented landscape for AI. Multi-modal orchestration and routing There is an apt analogy for the market dynamics of language models: The human brain. The structure of our brains has remained unchanged for 100,000 years, and brains are far more similar than they are dissimilar. For the vast majority of our time on Earth, most people learned the same things and had similar capabilities. But then something changed. We developed the ability to communicate in language — first in speech, then in writing. Communication protocols facilitate networks, and as humans began to network with each other, we also began to specialize to greater and greater degrees. We became freed from the burden of needing to be generalists across all domains, to be self-sufficient islands. Paradoxically, the collective riches of specialization have also meant that the average human today is a far stronger generalist than any of our ancestors. On a sufficiently wide enough input space, the universe always tends towards specialization. This is true all the way from molecular chemistry, to biology, to human society. Given sufficient variety, distributed systems will always be more computationally efficient than monoliths. We believe the same will be true of AI. The more we can leverage the strengths of multiple models instead of relying on just one, the more those models can specialize, expanding the frontier for capabilities. An increasingly important pattern for leveraging the strengths of diverse models is routing — dynamically sending queries to the best-suited model, while also leveraging cheaper, faster models when doing so doesn’t degrade quality. Routing allows us to take advantage of all the benefits of specialization — higher accuracy with lower costs and latency — without giving up any of the robustness of generalization. A simple demonstration of the power of routing can be seen in the fact that most of the world’s top models are themselves routers: They are built using Mixture of Expert architectures that route each next-token generation to a few dozen expert sub-models. If it’s true that LLMs are exponentially proliferating fuzzy commodities, then routing must become an essential part of every AI stack. There is a view that LLMs will plateau as they reach human intelligence — that as we fully saturate capabilities, we will coalesce around a single general model in the same way that we have coalesced around AWS, or the iPhone. Neither of those platforms (or their competitors) have 10X’d their capabilities in the past couple years — so we might as well get comfortable in their ecosystems. We believe, however, that AI will not stop at human-level intelligence; it will carry on far past any limits we might even imagine. As it does so, it will become increasingly fragmented and specialized, just as any other natural system would. We cannot overstate how much AI model fragmentation is a very good thing. Fragmented markets are efficient markets: They give power to buyers, maximize innovation and minimize costs. And to the extent that we can leverage networks of smaller, more specialized models rather than send everything through the internals of a single giant model, we move towards a much safer, more interpretable and more steerable future for AI. The greatest inventions have no owners. Ben Franklin’s heirs do not own electricity. Turing’s estate does not own all computers. AI is undoubtedly one of humanity’s greatest inventions; we believe its future will be — and should be — multi-model. Zack Kass is the former head of go-to-market at OpenAI . Tomás Hernando Kofman is the co-Founder and CEO of Not Diamond . DataDecisionMakers Welcome to the VentureBeat community! DataDecisionMakers is where experts, including the technical people doing data work, can share data-related insights and innovation. If you want to read about cutting-edge ideas and up-to-date information, best practices, and the future of data and data tech, join us at DataDecisionMakers. 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