Tuesday, April 02, 2024

Exploring Mining Podcast with Chris Timmins- Pegasus Resources Inc. (TSXV: $PEGA.V) (OTCQB: $SLTFF) Takes Flight with New Assay Results; @pegasusresinc



 

Exploring Mining Podcast with Chris Timmins- Pegasus Resources Inc. (TSXV: $PEGA.V) (OTCQB: $SLTFF) Takes Flight with New Assay Results; @pegasusresinc

 

CEO Chris Timmins Discusses Latest Assay results and 2024 Upcoming drill program for Energy Sands Project  

 


April 2, 2024 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s Exploring Mining Podcast, featuring a special edition interview with Chris Timmins, CEO and President of Pegasus Resources Inc. (TSXV: PEGA) (OTCQB: SLTFF).

 

Listen to the podcast at Investorideas:

https://www.investorideas.com/Audio/Podcasts/2024/040124-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2024/exploring-mining/04021Pegasus-Resources-PEGA-SLTFF.asp

 

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In this episode, host Cali Van Zant talks to Chris Timmins about the latest assay results from their Energy Sands project (Full company press release here) and some of the permit and drilling programs coming up this summer. Chris talks about his role since becoming CEO in 2023, new board additions to the team, the Pine Channel Project and what he is looking forward to most in the uranium sector.

 

When speaking about their latest results and the Energy Sands project, Chris states, “We did a program in January on our Energy Sands project in Utah. We had some really good preliminary results. We sent the guys out, and they went around and collected a bunch of samples and we had some really extraordinary results. We were expecting something around 2% but we actually came back with an 18.87% result; very encouraging.”

 

“We're going to take the next step, and that's going to be to apply for the permitting, and get the ball rolling on this project into drill ready status, and hopefully drill it this summer….Our big neighbor is Western Uranium Vanadium, just up the road by a mile or two from us. That’s why we staked this land in the first place; it’s that it was open, and it is a long trend. Western Uranium's has 4 to 5 million lbs. of uranium sitting up on their property just to the northeast of us. We saw the potential here to follow along trend.”

 

When asked about surviving the challenges of 2023 as a junior exploration company and what Chris is looking forward to in 2024, he said, “As far as what we're looking forward to; I am looking forward to drilling Energy Sands. I think there's a resource here and if you can take a company with an under a $4 million market cap and start drilling a resource for uranium, I think that'll be a real eye opener for people.”

 

“For 2025 we'll be in Pine Channel and we think there's something there too. So we've got a few things on the go. Thankfully, we can work the Energy Sands project through the summer and our Pine Channel one in the winter. That spreads out our attention a little and gives us a little more bandwidth here to deal with each thing when it comes up.”

 

“As far as uranium in general, I think it only gets better from here. The demand just keeps going up and the supply just keeps lagging. So I think it's an exciting place to be. And I think we see uranium prices continue to go up through the next few years, and I don't think we see this demand supply problem fixed till at least into the 2030’s.”

 

Full company press release https://www.pegasusresourcesinc.com/latest  

 

About Pegasus Resources Inc

Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the Company at www.pegasusresourcesinc.com

 

About the Energy Sands Project

The Energy Sands project consists of 100% owned 78 lode claims covering 1,560 acres in the San Rafael Uranium District of Utah approximately 4 kilometres from the San Rafael Uranium Project of Western Uranium and Vanadium.

 

Utah is ranked among the top 5 most favorable jurisdictions in the United States and is home to two built uranium mills and a third soon to be built by Western Uranium and Vanadium, which gives the companies operating in the area an exceptional advantage for future ore processing for conventional mining projects.

 

·        Historical small-scale production, between 1953 and 1956, totaling 103,600 Pounds at a grade of 0.373% U3O8 and 1.10% V2O5.

 

·        4 Corners Mines road runs through the property and connects to Interstate 70 (less 2km away), a mainline route of the Interstate Highway System in the United States connecting Utah and Maryland.

 

https://www.pegasusresourcesinc.com/energysands

 

Check out Pegasus Resources profile page on InvestorIdeas

https://www.investorideas.com/CO/PEGA/

 

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Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Pegasus Resources Inc. is a paid featured mining stock on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

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Hybrid Aircraft Market Size Expected To Reach $13.2 Billion By 2030 As Demand Grows For Commercial Applications; @FNMgroup @KULRTech

Hybrid Aircraft Market Size Expected To Reach $13.2 Billion By 2030 As Demand Grows For Commercial Applications; @FNMgroup  @KULRTech

 


Palm Beach, FL – April 2, 2024 – FN Media Group News Commentary – According to a report from MarketsAndMarkets projected that the Hybrid Aircraft Market size is estimated to grow from USD 1.2 billion in 2023 to USD 13.2 billion by 2030, at a CAGR of 41.6% from 2023 to 2030.   It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.  Short-haul range connectivity refers to air travel over relatively short distances, typically between nearby cities or regions. These flights are usually within a few hundred to a few thousand kilometers, and they are commonly served by regional airlines or low-cost carriers. Short-haul flights are essential for connecting smaller cities, supporting regional economies, and providing convenient transportation options for travelers. Hybrid aircraft, especially those with electric propulsion systems as primary source, are well-suited for short-haul flights because they can operate with greater fuel efficiency compared to traditional aircraft. Electric propulsion systems have the potential to significantly reduce fuel consumption and operating costs, which is particularly attractive for airlines operating frequent short-haul flights.  Short-haul flights, despite their relatively short distances, can collectively contribute to a substantial carbon footprint due to the high number of takeoffs and landings involved. Hybrid aircraft offer the advantage of reduced emissions and lower noise levels, making them more environmentally friendly.

 

Read this in full at https://www.financialnewsmedia.com/hybrid-aircraft-market-size-expected-to-reach-13-2-billion-by-2030-as-demand-grows-for-commercial-applications/

 

Short-haul flights often operate in and out of airports located in or near urban areas. Hybrid aircraft, particularly those with electric propulsion, produce less noise during takeoff and flight, making them more suitable for operating in noise-sensitive regions. This can lead to reduced community opposition and support for expanding regional flight operations.”  Active defense stocks in news today include:  KULR Technology Group, Inc. (NYSE: KULR), Joby Aviation, Inc. (NYSE: JOBY), Lilium N.V. (NASDAQ: LILM), Archer Aviation Inc. (NYSE: ACHR), Blade Air Mobility, Inc. (NASDAQ: BLDE).

 

MarketsAndMarkets continued: “Hybrid-electric aircraft can have faster charging times compared to traditional aircraft refueling processes, which can be advantageous for airlines running frequent short-haul flights. This reduces turnaround times at airports, enabling more efficient flight scheduling and improved utilization of aircraft. Short-haul flights serve regional markets, connecting smaller cities and remote locations that may not have the infrastructure to accommodate large airports. Hybrid aircraft can offer flexible and economically viable solutions for regional air travel, supporting regional connectivity and economic development. High chance of Governments and regulatory bodies prioritizing and supporting the development and adoption of hybrid aircraft for short-haul flights could be seen in upcoming years. They recognize the potential environmental and economic benefits of such hybrid-aircraft in reducing emissions, noise pollution, and enhancing regional connectivity. As hybrid aircraft technology continues to advance, their capabilities, reliability, and performance improve, making them increasingly viable for short-haul operations. Advancements in battery technology, electric motors, and power management systems contribute to the feasibility of electric and hybrid-electric aircraft for regional flights.”

 

KULR Technology Group, Inc. (NYSE American: KULR) Secures Over $1M Contract from H55 for Proprietary, Patented Thermal Runaway Shield Technology – KULR Technology Group, (the “Company” or “KULR”), renowned for its contributions to sustainable energy management, today unveiled a commitment exceeding $1 million with H55 Inc. (“H55”), a pioneer and global leader in electric propulsion. H55 will employ KULR’s unique Thermal Runaway Shield (“TRS”) within its propulsion systems that equip fleets of industry behemoths such as Pratt & Whitney and CAE Inc. (NYSE: CAE). According to the agreement, the initial delivery phase began in Q1 2024. Embedding KULR’s TRS into H55’s Electrical Propulsion System (“EPS”) is critical for aligning with the European Union Aviation Safety Agency (“EASA”) safety protocols. H55 harnesses KULR’s innovative TRS to construct systems that adhere to stringent safety measures while retaining efficiency and energy density. EASA recently approved the H55 EPS solution, paving the way for the critical compliance demonstration phase of their certification program (https://h55.ch/news/).

 

Michael Mo, CEO of KULR, reflected on the significance of this collaboration. “Working with H55 epitomizes our commitment to setting new standards for safety in electric aviation. With H55, we reinforce our role in addressing the escalating compliance requisites from regulatory bodies such as EASA and the FAA. Our goal is to ensure our technology not only fulfills but also anticipates the evolving safety needs of the electric aviation sector.”

 

Martin Larose, CEO of H55, also acknowledged the positive side of this collaboration. “Tightening the relationship with KULR has marked a transformative step for us. The TRS technology from KULR has enabled us to push the safety norms and position H55 as a global leader. We are equipped to offer products that defy the rigorous requirements of EASA while preserving the high caliber and compactness our clients rely on. This synergy with KULR promises significant progress.”

 

According to a recent forecast, the global hybrid aircraft market is estimated to grow from USD 1.2 billion in 2023 to USD 13.2 billion by 2030, at a CAGR of 41.6% from 2023 to 2030.  KULR continues to pioneer revolutionary energy management solutions, propelling the electric aviation industry forward.  CONTINUED…  Read this entire press release and more news for KULR at:  https://www.financialnewsmedia.com/news-kulr/

 

In other defense industry developments of note:

 

Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, recently announced it has acquired an existing facility at Dayton International Airport and begun hiring in support of the Company’s initial manufacturing operations in Dayton, Ohio.

 

 

 

The facility acquired by Joby will be fitted out to support initial manufacturing operations in Dayton, which are expected to begin later this year. The facility will be used for the manufacturing of aircraft parts in support of Joby’s Pilot Production Line in Marina, California.

 

Joby’s acquisition of the on-airport facility is the first step in the Company’s plan to develop facilities capable of building up to 500 aircraft per year in Dayton, which is expected to include the design and construction of a larger greenfield factory.

Lilium N.V. (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, has recently teamed up with Atlantic Aviation, a leading fixed-based operation (FBO) and aviation services provider, to prepare Atlantic’s network of more than 100 FBOs for the Lilium Jet’s regional upcoming air mobility service launch in the United States.

 

This strategic partnership will work to ensure seamless compatibility between the Lilium Jet and Atlantic’s network of aviation assets across North America, enabling Advanced Air Mobility operations at current and future locations. Atlantic operates sites at more than 30 airport locations within Lilium’s planned launch markets in Florida, Southern California, the Northeast corridor, and Texas.

 

Archer Aviation Inc., (NYSE: ACHR) a leader in the development of electric vertical takeoff and landing (“eVTOL”) aircraft, recently announced the successful completion of rigorous battery pack drop testing conducted at a National Institute for Aviation Research lab. This marks a significant milestone in the development of the company’s proprietary electric propulsion system for its Midnight aircraft in what is seen as one of the most difficult tests to pass for an eVTOL aircraft, putting Archer in a strong position to successfully complete this same test in upcoming for-credit testing with the FAA.

 

Over the course of this week, Archer’s engineering and certification teams led Midnight’s proprietary battery packs through three 50-foot drop tests simulating extreme impact scenarios. Tested at varying states of charge, 0%, 30%, and 100%, the battery packs withstood the impact without any signs of failure and, remarkably, continued to function properly.

 

Blade Air Mobility, Inc. (NASDAQ: BLDE), recently announced financial results for the fourth quarter ended December 31, 2023.  “After a rewarding year of strong growth, flight profit margin expansion and cost structure improvements, we are now confident to begin providing guidance to our investors for positive Adjusted EBITDA for the year-ending December 31, 2024 and double-digit Adjusted EBITDA in 2025(2),” said Rob Wiesenthal, Blade’s Chief Executive Officer. “Though Q4 is a seasonally light quarter for Blade, we remained focused on continued margin enhancement and significant additions to our dedicated aircraft fleet, highlighted by the acquisition of eight jets for our organ transportation business. These initiatives will further improve our competitive positioning without compromising the benefits of our asset-light model, as the vast majority of our Medical flights and nearly 100% of our Passenger flights will continue to be serviced by third-party owned and operated aircraft.”

 

“We’ve made huge progress transitioning more and more of our Medical flights to dedicated aircraft that provide us with fixed cost leverage as we grow and are strategically based near our hospital customers,” said Will Heyburn, Blade’s Chief Financial Officer. “This is a win-win that has enabled us to increase our Flight Profit per trip while reducing costs for our hospital customers. When paired with our growing fleet of medical vehicles and new organ placement offering, we believe we’ve built the most cost-effective and reliable end-to-end organ logistics platform in the United States. At the same time, we improved our Passenger flight profit margins by five percentage points in Q4 2023 versus the prior year, demonstrating our path to full-year profitability in the Passenger segment, which we expect in 2025.”

 

About FN Media Group:

At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies.

 

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DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM was compensated forty two hundred dollars for news coverage of the current press releases issued by KULR Technology Group, Inc. by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

 

 

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

 

Contact Information:

Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

 

SOURCE: FN Media Group

AI Stocks in the Cloud – (TSXV: $KSUM.V) (NASDAQ: $NVDA) (NASDAQ: $SMCI) (CBOE: $VERS) @nvidia @Supermicro_SMCI @helloVERSES

AI Stocks in the Cloud – (TSXV: $KSUM.V) (NASDAQ: $NVDA) (NASDAQ: $SMCI) (CBOE: $VERS) @nvidia @Supermicro_SMCI @helloVERSES

 

 


April 2, 2024 –Investorideas.com, a global news source and expert investing resource covering AI stocks issues a snapshot for the future of the AI cloud market featuring Alset Capital Inc. (TSXV:KSUM)(FSE:1R60, WKN:A3ESVQ), a company aiming to be a pure-play pubco operator of AI specialized computing infrastructure.

 

Read this article featuring KSUM in full at https://www.investorideas.com/news/2024/technology/04021AI-Stocks.asp

 

According to AnalyticsInsight, “The dawn of the digital era has ushered in unprecedented advancements, with Artificial Intelligence (AI) emerging as the cornerstone of innovation across industries. Among the myriad applications of AI, the integration of AI into cloud computing has proven to be a game-changer, giving rise to the Cloud AI market. The Cloud AI market size was valued at US$60.08 billion in 2023 and is anticipated to reach US$270.94 billion by 2028, with a CAGR of 35.15% over the forecast period.”

 

Alset Capital Inc. (TSXV:KSUM)(FSE:1R60, WKN:A3ESVQ) just announced it has entered into a loan agreement with Cedarcross International Technologies Inc., with respect to a loan for a principal amount of $3,700,000 to purchase 10 Nvidia H100 HGX GPU servers capable of leasing 700,000 compute hours.

 

From the news: Cedarcross’ mission is to democratize access to high-performance AI computing. Cedarcross offers access to the world’s fastest AI servers, heralding a new era of technological advancement. By offering access to the world’s fastest AI servers, powered by Nvidia’s H100 HGX GPUs, Cedarcross empowers enterprises with computing capabilities, exceeding 700,000 hours, with plans to increase its computing capabilities in the future.

Through a strategic hosting relationship with a leading North American data center provider boasting an extensive network of over 40+ facilities across key markets, Cedarcross ensures seamless connectivity and reliability. This partnership fortifies Cedarcross’s infrastructure with essential features such as fiber optic connectivity, UPS backup, and localized computing capabilities.

 

From the news: Cedarcross’s strategic approach to leasing compute resources to enterprises clients demonstrates a clear pathway to significant revenue growth. By facilitating the training of AI workloads, Cedarcross not only plans to generate cash flows but also scales its hardware infrastructure fleet to meet evolving market demand for compute. Leveraging its industry-leading partners, Cedarcross is poised to drive streamlined growth and innovation in the AI sector.

 

In consideration of the Loan, Alset’s management and Board of Directors reviewed similar transactions in the AI sector, including Magnetar Capital’s and Blackstone’s $2.3B debt facility to CoreWeave in 2023, secured by Nvidia chips.

 

"The strategic alliance and loan between Alset and Cedarcross signifies our commitment to fostering innovation in the AI sector," said Morgan Good, CEO of Alset. "By providing Cedarcross with the necessary financial support, we aim to facilitate the growth of cutting-edge technologies that have the potential to revolutionize a multitude of industries."

 

"The strategic loan from Alset will enable Cedarcross to expand its infrastructure and fulfill the increasing demand for high-performance AI computing," said Jason Hawkins, CEO of Cedarcross. "With this capital infusion, we are well-positioned to continue our mission of democratizing access to advanced AI technologies and driving innovation across a multitude sectors."

 

The Company has a 49% ownership stake in Cedarcross and is a “related party” of the Company within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). As such, the Loan constitutes a “related party transaction” within the meaning of MI 61-101.

 

In mid-March, SAP SE (NYSE: SAP) and AI leader Nvidia (NASDAQ: NVDAannounced a partnership expansion focused on accelerating enterprise customers' ability to harness the transformative power of data and generative AI across SAP's portfolio of cloud solutions and applications.

 

From the news: The collaborating to build and deliver SAP Business AI, including scalable, business-specific generative AI capabilities inside the Joule® copilot from SAP and across SAP's portfolio of cloud solutions and applications – all of which are underpinned by the SAP generative AI hub. The generative AI hub facilitates relevant, reliable and responsible business AI and provides instant access to a broad range of large language models (LLMs).

 

From the news: As part of SAP's ongoing initiative to build generative AI directly into the applications that power the world's businesses, the partnership aims to help customers adopt generative AI capabilities at scale across their organizations. SAP will use Nvidia’s generative AI foundry service to fine-tune LLMs for domain-specific scenarios and deploy applications with new Nvidia NIM™ microservices. SAP and Nvidia plan to make the new integrated capabilities available by the end of 2024.

 

"Enterprise customers want to leverage state-of-the-art technology that delivers real business value," said Christian Klein, CEO and Member of the Executive Board of SAP SE. "Strategic technology partnerships, like the one between SAP and Nvidia, are at the core of our strategy to invest in technology that maximizes the potential and opportunity of AI for business. Nvidia's expertise in delivering AI capabilities at scale will help SAP accelerate the pace of transformation and better serve our customers in the cloud."

 

Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, just announced its latest portfolio to accelerate the deployment of generative AI. The Supermicro SuperCluster solutions provide foundational building blocks for the present and the future of large language model (LLM) infrastructure.

 

From the news: The three powerful Supermicro SuperCluster solutions are now available for generative AI workloads. The 4U liquid-cooled systems or 8U air-cooled systems are purpose-built and designed for powerful LLM training performance, as well as large batch size and high-volume LLM inference. A third SuperCluster, with 1U air-cooled Supermicro Nvidia MGX™ systems, is optimized for cloud-scale inference.

 

"In the era of AI, the unit of compute is now measured by clusters, not just the number of servers, and with our expanded global manufacturing capacity of 5,000 racks/month, we can deliver complete generative AI clusters to our customers faster than ever before," said Charles Liang, President and CEO of Supermicro. "A 64-node cluster enables 512 Nvidia HGX H200 GPUs with 72TB of HBM3e through a couple of our scalable cluster building blocks with 400Gb/s Nvidia Quantum-2 InfiniBand and Spectrum-X Ethernet networking. Supermicro's SuperCluster solutions combined with Nvidia AI Enterprise software are ideal for enterprise and cloud infrastructures to train today's LLMs with up to trillions of parameters. The interconnected GPUs, CPUs, memory, storage, and networking, when deployed across multiple nodes in racks, construct the foundation of today's AI. Supermicro's SuperCluster solutions provide foundational building blocks for rapidly evolving generative AI and LLMs."

 

VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF), a cognitive computing company developing next-generation intelligent software systems announced in March that Blue Yonder, a leader in supply chain digital transformation has joined the Genius Beta program.

 

“Blue Yonder was one of the earliest partners to align with the VERSES vision so it's a natural progression to expand the relationship from using our Wayfinder solution into the Genius beta,” said Gabriel René, Founder and CEO of VERSES. “By leveraging Genius, Blue Yonder will be the first supply chain company to access advanced intelligent automation capabilities.”

 

Blue Yonder intends to implement Genius to better unify its expansive enterprise data into a common knowledge model on which to interrogate, simulate and automate optimal decision-making and workflows within warehouses and distribution centers.

 

Genius is a natural computing system modeled after a scientific breakthrough in understanding biological intelligence. Conventional artificial intelligence (AI) models excel at pattern recognition and reconstruction as a result of being trained on enormous data sets, and once trained are static. Conversely, Genius generates intelligent agents with substantially less training data that can learn, plan, and adapt autonomously in real time.

 

While AI has been a driving force for Blue Yonder, the company recognizes that adaptive intelligence is a key factor in helping its customers succeed. Blue Yonder’s participation in the Genius Beta program signals the company’s ongoing commitment to market leadership and innovation.

 

Valuates Reports says. “Using cloud-based AI to its full potential has become essential in the enterprise evolution environment, changing the way firms function. Cost savings, which are a result of AI being used in cloud computing, are one of these benefits that stand out for efficiency.”

 

For investors looking at the future potential of AI, no one can say you have your head in the ‘clouds’ if you bet on Nvidia. Now the hunt is on for what’s next.

 

Research more AI stocks with Investorideas.com free stock directory

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About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

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