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AI Revolution Sparks Energy Concerns: Can Big Tech Meet Climate Goals?

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USA News Group Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, July 10, 2024 /PRNewswire/ — USA News Group – With the rise of the artificial intelligence (AI) revolution, so too comes a massive increase in energy consumption, drawn by thousands of computers in data centers across the world. According to the International Energy Agency (IEA), global data center electricity demand will more than double from 2022 to 2026, with AI playing a major role in that increase. It’s because of this, there is already skepticism growing over if AI’s insatiable energy demand will jeopardize Big Tech’s climate goals, as it wreaks havoc on global power systems. Working to address these concerns are several players in the AI data center space developing potential solutions, including from Avant Technologies Inc. (OTCQB: AVAI), Tesla, Inc. (NASDAQ: TSLA), Supermicro, Inc. (NASDAQ: SMCI), Digital Realty Trust, Inc. (NYSE: DLR), and Vertiv Holdings Co (NYSE: VRT).

Stepping up to answer one of the major concerns of the AI data center demand issue is Avant Technologies Inc. (OTCQB: AVAI), which recently gave an update of its planned state-of-the-art data centers, outfitted with immersible AI supercomputer servers. Their offering specifically addresses a number of unmet needs in the AI and big data industry’s rapid growth, while also answering key sustainability and infrastructure concerns in the communities they reside in.
“Avant expects to lead the way in providing distributed submerged infrastructure solutions,” said William Hisey, CEO of Avant. “With a commitment to innovation and sustainability, the use of high-performance immersible computer servers allows Avant to address the complex challenges of the digital era with cutting-edge solutions while keeping the communities we operate in satisfied that we are committed to green energy facilities.”
As more data centers are being planned and built, communities throughout the country, where these facilities are being developed, are frustrated by the sheer size of some projects and the amount of power that large- scale centers and campuses require. Avant is set to deliver the ultimate in cost-effective, energy-efficient, high-density supercomputing. Their innovative solutions are designed to meet the current and future needs of AI and big data while maintaining a commitment to eco-friendliness.
Avant’s high-density cloud infrastructure will be tailored to address the increasing performance and storage needs of clients in SaaS, AI, machine learning, and big data across various industries. They plan to develop and construct numerous smaller data centers nationwide. Given that data centers are significant energy consumers, with a hyperscaler’s data center using as much power as 80,000 households, Avant’s strategic approach ensures efficient and scalable solutions.
“Efficient cooling is therefore a crucial driver of a data center’s profitability,” said Hisey. “. “Cooling accounts for some 40% of a data center’s energy consumption. To that end, Avant will take advantage of cooling and energy efficiency technologies to reduce costs for clients and remain energy efficient.
This offering comes after Avant recently entered into a Binding Letter of Intent (BLOI) with Flow Wave, LLC (FW), a prominent Florida-based firm specializing in immersible computer server technology. The agreement allows for Avant to acquire up to 50 cutting-edge immersible computer servers from FW, in a transaction valued at $50 million.
The concept of cooling with liquids is also being implemented through a joint effort by Tesla, Inc. (NASDAQ: TSLA) and Supermicro, Inc. (NASDAQ: SMCI) for liquid-cooled “Gigafactory” AI data centers. The respective companies’ CEOs Elon Musk and Charles Lian are looking to “lead the liquid cooling technology to large AI data centers,” with Liang estimating the impact of the move “may lead to preserving 20 billion trees for our planet.”
Supermicro’s liquid cooling technology will be implemented in Tesla’s latest cluster, as well as xAI’s similar supercomputer. Supermicro claims direct liquid cooling may offer up to an 89% reduction in electricity costs of cooling infrastructure compared to air cooling. The new expansion to the existing Gigafactory will accommodate 50,000 Nvidia GPUs along with additional Tesla AI hardware to enhance the training capabilities for Tesla’s Full Self-Driving feature.
Another large global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions that’s moving towards liquid cooling is Digital Realty Trust, Inc. (NYSE: DLR). Back in May, Digital Realty announced the availability of groundbreaking liquid-to-chip cooling technology to be available in 170 of its data centers globally. According to the company’s press release, this innovative advancement represents a “significant leap forward in addressing the evolving challenges of managing high-density workloads, particularly in the real of AI and data-intensive applications.”
Digital Realty’s latest offering builds on the company’s standardized high-density colocation services by introducing direct liquid cooling (DLC). This innovation brings liquid directly to customers’ infrastructure, enhancing relevance and versatility to meet the growing demands of emerging AI technologies. Their solution is crafted for flexibility and accessibility, offering deployment options in over half of its data centers globally. Plans are underway to extend support to more locations and utilize existing infrastructure to accommodate emerging AI needs.
“We’re proud to align with our customers in evolving their infrastructure to support this cutting-edge liquid-to-chip technology, enabling them to land and expand their deployments efficiently and redefine what’s possible in the digital age,” said Chris Sharp, Chief Technology Officer of Digital Realty. “With this cutting-edge liquid-to-chip cooling technology, we’re not just setting a new standard for high-density deployment support, we’re revolutionizing the digital infrastructure landscape.”
Another strategy being implemented to address data center energy demands includes the latest from Vertiv Holdings Co (NYSE: VRT) which involves a strategic technology partnership with Ballard Power Systems to support alternative energy usage for data centers. As per the deal, the duo will focus on backup power applications for data centres and critical infrastructures, scalable from 200kW to multiple MWs.
“The unprecedented adoption of artificial intelligence (AI) and high-performance computing (HPC) are driving a need for eco-friendly power solutions for our customers, with a focus on zero-carbon and low-carbon energy alternatives,” said Viktor Petik, Vice President of Vertiv Infrastructure Solutions. “The successful fuel cell proof-of-concept with Ballard provides a viable option for customers strengthening their data center sustainability strategy, and those moving to a future-ready Bring Your Own Power (BYOP) model.”
Vertiv’s Power Module H2 offers a solution for the increasing energy demands of future data centers while ensuring zero GHG emission backup power generation. This prefabricated and factory-tested system provides a rapidly deployable and scalable power infrastructure for new data centers and the ability to retrofit existing sites without redesigning the electrical infrastructure.
At their Delaware, Ohio facility, Vertiv showcased their Power Module H2 solution, which uses industry-ready components. This system integrates two Ballard PowerGen 200kW fuel cell cabinets to power a fully functional decarbonized backup system.
Source: https://usanewsgroup.com/2023/10/26/unlocking-the-trillion-dollar-ai-market-what-investors-need-to-know/
CONTACT:
USA NEWS [email protected](604) 265-2873
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Avant Technologies Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Avant Technologies Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Avant Technologies Inc. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Avant Technologies Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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Twelve Students from KIIT-DU Qualify for Paris Olympics

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KIIT-KISS Founder announces Rs 7 lakh to each of the athletes 
BHUBANESWAR, India, July 19, 2024 /PRNewswire/ — In a big achievement for KIIT Deemed to be University (KIIT-DU), Bhubaneswar, 12 students have successfully qualified for the Paris Olympics 2024 beginning July 26, bringing pride and joy to the institution.

KIIT is the first university in the country to be sending the largest contingent of athletes among all universities in India.
The Founder of KIIT and KISS Dr Achyuta Samanta has announced Rs 7 lakh to each of the athletes, encouraging them to give their best in the field and bring glory to the country. 
The athletes who have earned their spots are — Amit Rohidas in Men’s Hockey, Kishore Kumar Jena in Javelin Throw; Parul Chaudhary in 3000m Steeplechase & 5000m; Priyanka in 20 km Race Walk & Marathon Race Walk Mixed Relay; Annu Rani in Javelin Throw; Jyothi Yarraji in 100m Hurdles; Tajinderpal Singh Toor in Shot Put; Abha Khatua in Shot Put; Prachi in the 4x400m Relay Team; Ankita in 5000m; Paramjeet Singh Bisht in 20km Race Walk and Suraj Panwar in the Marathon Race Walk Mixed Relay Team. 
Dr. Achyuta Samanta, Founder, KIIT & KISS, congratulated the proud contingent at a special programme in Bhubaneswar, saying, “Your hard work and dedication have brought you to this prestigious stage.” He declared Rs. 7 lakh cash support to each player. All 12 players, who are currently in various camps in different countries of Europe, joined the programme virtually. 
Informing the media, Dr. Samanta said that KIIT & KISS is the first organization in India to send the highest number of players to the Olympics. He also mentioned that KIIT & KISS has produced 20 Olympians and 2 Paralympians who represented India at the 2016 Rio Olympics, the 2020 Tokyo Olympics, and will be representing the country at the 2024 Paris Olympics. KIIT & KISS is proud to have 7 Arjuna Awardees, he added.
“We are happy that 12 students from KIIT are participating in the Paris Olympics 2024, making us and the country proud. Give your best and shine with your achievements. The entire KIIT & KISS family stands behind you, cheering you on”, he said.
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eQ Technologic Elevates Industry Standards with Inaugural Customer Conference, exeQute

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COSTA MESA, Calif., July 18, 2024 /PRNewswire/ — In an era brimming with industry conferences, eQ Technologic, Inc., the developers of the eQube®-DaaS Platform, is making a bold entrance with its inaugural customer conference, exeQuteSM, Oct. 7-10, 2024. Unlike other customer conferences in the data as a service (DaaS) industry, exeQute is set to stand out with a focus on actionable tactics tailored to meet the unique needs of its customers, reflecting the company’s deep commitment to customer-centricity and innovation.

As Gartner predicts that by 2027, 25% of CIOs will have compensation linked to their sustainable technology impact, exeQute’s conference is shaping the future of digital transformation with sustainability and responsibility top of mind. This conference goes beyond theoretical discussions, offering a hands-on experience where top brands share real-world solutions that attendees can immediately apply. This focus on actionable content ensures that every participant leaves with a toolkit of strategies to drive improvements in their business.
eQ Technologic’s dedication to understanding customer needs is evident in every aspect of exeQute. The conference sessions delve into the specific challenges faced by customers, offering personalized solutions and insights. This tailored approach showcases the company’s commitment to not just listening to its customers but collaborating with them to develop solutions that drive their success.
“Execution is one of our key operating principles at eQ. An organization’s ability to execute materially separates winners from the pack,” said Dinesh Khaladkar, President & CEO of eQ Technologic. “We strongly believe that the gap between the future and now is bridged by execution. The future doesn’t just happen, it must be defined, and actions must be taken to achieve it. It’s time to envision what lies ahead and act upon the future vision with exeQute.”
exeQute provides a unique platform for attendees to network with industry leaders, peers, analysts, and media, fostering a collaborative environment where new ideas and partnerships will enable the future growth of companies. The conference’s comprehensive approach to addressing both current challenges and future opportunities highlights eQ Technologic’s role as a catalyst for positive change in the industry by catalyzing cross-industry innovation and offering insight into how organizations leverage eQ’s industry agnostic solutions to gain and maintain a competitive advantage.
exeQute is not merely another event in the crowded conference landscape. It is setting a new standard for customer engagement, providing value through actionable insights, innovative solutions, and a steadfast commitment to sustainable practices. For those seeking to navigate the complexities of digital transformation responsibly, exeQute is an indispensable resource, reinforcing eQ Technologic’s position as a leader in the industry. With executives and decision-makers from some of the world’s leading organizations, the conference will unravel future trends, disruptive technologies, and emerging opportunities. Power-packed with keynotes, success stories, product roadmaps, demos, fireside chats, and more, the conference furthers eQ Technologic’s position as a leader in the industry.
Conference details:
VEA, A Marriott Resort & Spa, Newport Beach, California Oct. 7-11, 2024 Agenda, speakers, sponsorship opportunities, and registration information can be found at exequteconference.com.
About eQ Technologic
Over the past two decades, eQ has been instrumental in accelerating digital transformation across industries such as Aerospace & Defense, Department of Defense, Automotive, Energy, Heavy-Machinery, Electronics, High-Tech, Electronics, Consumer Packaged Goods (CPG), and more.
The Low/No-Code eQube®-DaaS (Data as a Service) Platform establishes a Data Fabric with a connected network of integrated data, applications and devices that puts the power of analytics in the hands of end users, leading to Actionable Insight. eQ’s 100+ OOTB plug and play Connectors connect disparate heterogeneous systems in an instant, empowering organizations to work with any data, any format, any API, any speed, with any system, any application, and any device without writing any code. It enables secure, scalable, and robust information collaboration while honoring security rules. This enables eQ to offer solutions like Digital Thread, CLM (Closed Loop Manufacturing), Multi-PLM Solutions, For-purpose Apps, API Factory with Common Data Model, and many others.
Some of eQ’s marquee customers include Lockheed Martin, Northrop Grumman, US Navy, Rolls-Royce, Collins Aerospace, Pratt & Whitney, Adient, ULA, Moog, Micron Technologies, Boeing, General Electric, Siemens Energy, Panasonic, EDF, and General Dynamics to name a few.
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Research Solutions Announces Partnership with Jisc to Enhance UK Higher & Further Education Research

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This highlights Research Solutions’ commitment to improving the quality and accessibility of scientific research for academic institutions.
HENDERSON, Nev., July 18, 2024 /PRNewswire/ — Research Solutions (NASDAQ: RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, is proud to announce a significant partnership with Jisc, the UK digital, data, and technology agency focused on tertiary education, research, and innovation.

This collaboration will make Scite’s award-winning AI platform more affordable and accessible for more than 280 higher education and research institutions in the UK. It aims to advance research quality by leveraging ethical AI technology.
Scite, now part of the Research Solutions family, is transforming the discovery and evaluation of scientific articles through its innovative Smart Citations and AI Assistant. This advanced technology allows researchers to gain deeper insights into the impact and relevance of scientific work.
Beyond its powerful discovery search capabilities across over 187 million publications, 2 billion references, and 1.3 billion citation statements, Scite offers unique workflows for identifying editorial concerns and providing instant reference analysis through its Reference Check feature. The platform also enables the creation of integrated dashboards with reference library tools and validates large language models, assisting in the creation of structured literature reviews via Scite Assistant.
Scite is utilized by researchers and institutions worldwide, underscoring its global impact and commitment to advancing scientific research and innovation.
“We’re thrilled to be partnering with Jisc to make Scite more readily available to the Higher Education institutions in the UK,” states Josh Nicholson, co-founder of Scite and Chief Strategy Officer at Research Solutions. “By bringing context to citations, we can provide a better way to discover, understand, and evaluate research, something that is critically needed in the world today.”
Jisc’s endorsement of Scite highlights the platform’s value in delivering accurate, insight-rich research tools to prestigious institutions such as the University of Manchester and the University of Exeter. Research Solutions is delighted to extend services to additional UK educational institutions and looks forward to making significant contributions to the academic landscape.
For more information on how Jisc is enhancing lives through the digital transformation of education and research, visit their website here. To learn more about how Scite and Research Solutions are providing universities and libraries with tools to elevate their academic work, click here.
About Jisc
Jisc’s vision is for the UK to be a world leader in technology for education and research. It owns and operates the super-fast national research and education network, Janet, with built-in cyber security protection. Jisc also provides technology solutions for members (colleges, universities, and research centres) and customers (public sector bodies), helps members save time and money by negotiating sector-wide deals and provides advice and practical assistance on digital technology. Jisc is funded by the UK higher and further education and research funding bodies and member institutions. For more information, contact [email protected] or 07443 983571.
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) provides cloud-based technologies to streamline the process of accessing, managing, and creating intellectual property. Since its founding, the company has been a pioneer in developing solutions to serve researchers. Today, more than 70 percent of the top pharmaceutical companies, prestigious universities, and emerging businesses rely on our family of products, powered by AI and NLP technologies, to support the innovation process from end to end with the most comprehensive information and knowledge tools on the market. For more information and details, please visit www.researchsolutions.com.
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