Revitalizing Urban Economies Globally: Empowering Urban Finance through UN-Habitat's SDG Cities Strategies
TORONTO, Feb. 24, 2024 /PRNewswire/ -- The World Urban Pavilion – Powered by Daniels hosted the World Summit on UN-Habitat's SDG Cities and Urban Finance to plan urban transformations at a global scale starting in Toronto, Canada. Since its launch in October 2023, the Glocal Platform for Urban Finance (GPUF) has achieved a significant milestone, bringing together representatives from the United Nations, investors, decision-makers, and urban stakeholders. An exciting achievement was hosting UN-Habitat's SDG Cities Initiative and its expert network. Reza Pourvaziry, Chair of UEF and GPUF, highlights how the World Urban Pavilion is collaborating with United Nations, Governments, and other international organisations globally. Inviting participants to form a Canadian delegation for World Urban Forum 12 in Cairo Egypt in November 2024 to showcase 'made in Canada' urban innovations that are localizing the SDGs and transforming communities. The Summit helped strengthen the GPUF's mandate to facilitate alignment between finance and sustainable urban innovation and transformation, supported by data analytics. This was a historic moment for the platform as it began this conversation in Toronto as a major hub for urban innovation and transformation through urban finance. The Pavilion is contributing to this global vision for Toronto as it was selected by the United Nations as a global hub for SDG Cities. The Pavilion played a pivotal role in convening these key partners to advance sustainable urban finance initiatives. Co-hosted by the founders of the GPUF, the Urban Economy Forum (UEF), and Aragon, the event attracted a distinguished audience including global leaders, urban planners, investors, and innovators, all dedicated to advancing the discourse on urban innovation and practical transformative solutions in Toronto and cities worldwide. The event served as a critical nexus linking financing and investors with specific needs in cities. This gathering not only reinforced the city's stature, but also showcased best practices and development efforts in fostering innovation across sectors and the possibility of presenting investment opportunities to event attendees. "This marks a wonderful moment for the GPUF, the first of many where the platform collaborates with cities and local organizations to create opportunities, attract, and ultimately secure investments for truly transformative urban solutions, which will revitalize urban economy globally," said Reza Pourvaziry, Chair of the UEF & GPUF. "We are working with all partners and are looking forward to bringing these innovations to the World Urban Forum (WUF12) that will be held from November 4 - 8, 2024 in Cario, Egypt," said Pourvaziry. "GPUF is filling a critical gap in the globe to ensure good urban developments have access to the financing capital they deserve. This is a transformative initiative that has high potential for economic, social, and environmental impact", said Eduardo Moreno, Co-Director of the World Urban Pavilion. UN-Habitat, a main founding partner of the World Urban Pavilion, presented how its flagship programme SDG Cities is supporting cities in Canada but also globally. Dyfed Aubrey, Inter-regional Advisor and recently Head of SDG Cities at UN-Habitat, stated that "From engaging with local leaders to developing analytical frameworks, SDG Cities is committed to supporting sustainable urban development initiatives". Also representing UN-Habitat, Douglas Ragan, a Programme Management Officer, explained how the SDG Cities program aims to reach 1000 cities by 2026. "Online tools and resources are provided to facilitate the localization of data, the development of strategic planning, and the implementation of sustainable practices", said Ragan. These tools and resources are foundational for platforms like the GPUF to ensure cities are well equipped and have access to technical support if required. Alongside UN-Habitat, major partners such as Convergence, Global CEO Alliance, CitiIQ, and EMIF Group shared valuable insights into sustainable urban development practices. A recurring theme throughout the discussions underscored the critical importance of collecting and analyzing good urban data, particularly disaggregated at local level, to gain a deeper understanding of the challenges and opportunities faced by cities. The University of Toronto's School of Cities Urban Data Center, sharing its work with the City of Toronto to break down traditional data silos to address technical barriers of data sharing. Furthermore, UN-Habitat's City Investment Facility (CIF) demonstrated how it is building capacity and confidence in sustainable urban development by streamlining investment processes for urban projects, ensuring adherence to a bankable format. CIF contributes to drive progress in sustainable urban development, ultimately fostering the creation of inclusive and resilient cities, and advancing SDGs realization. As part of the Pavilion's flagship initiative, Canada Frontrunner of Urban SDG, several organisations including, Noventa Energy, Vancity Community Investment Bank, Northcrest Developments, Serotiny Group, Mitrex, Parataxis Design and Development, highlighted their collaboration with Toronto, presenting unique solutions articulated to investment opportunities. Learning from these experiences, Mayor Emmanuel Serunjoji of the Kawempe Division and Mayor Paul Mugambe of the Nakawa Division from Kampala City, Uganda. Both joined the summit as representatives of the Lake Victoria Local Authorities Cooperation, an organization that represents 135 cities in East Africa. The mayors exposed some of the challenges their city is facing and established dialogue with Canada Frontrunner participants to understand how to integrate Canadian innovations in their city. Representatives of the City of Toronto showcased unique public-private partnerships that have led to the creation of innovative financing models and new technologies contributing to its long-term strategic objectives, such as the aim to decarbonize buildings by 2040. Encouraging private sector contributions to the Sustainable Development Goals, the city actively collaborates with private entities to foster innovations to drive sustainable development. David West, Mayor of Richmond Hill also shared his inspiring vision for the future of cities and highlighted his city's commitment to build a sustainable tomorrow. The summit was also an important opportunity to recognize the involvement of TERRITORIA, a Mexican based development organization. TERRITORIA was announced as a member of UEF and sponsor of the upcoming 6th Urban Economy Forum (UEF6). TERRITORIA is working with UEF's Latin America and The Caribbean Office on a global pilot in Mexico. The partnership will focus on innovative models and financing approaches to build a sustainable tourism community. Frank Stronach, Canadian Billionaire, Global Entrepreneur, and Founder of Magna International, shared insights during the summit's first day, advocating for the role of the private sector in improving people's quality of life through profit-sharing with employees. This approach fosters a culture of ownership, creativity, and common responsibility, boosting employee motivation and satisfaction while cultivating a sense of collective purpose and commitment to long-term success. Another recurring theme throughout the conference was the emphasis on technology use to achieve sustainability goals. Companies like Sparrow Living, Brickeye, and Chargelab shared important contributions to national and global sustainability agendas backed by sustainable business models. The summit highlighted the pivotal role of the Glocal Platform for Urban Finance to attract investors to Canada and identify transformative financial opportunities that are aligned with sustainability. "Let's recognize the interconnectedness of our cities and the global community. This summit provides a platform to showcase remarkable progress, learn from each other, and collaborate on innovative solutions for meaningful impact", said Amir Hossein Kashfi, Managing Director of Aragon. This event's success underscores the importance of collective action in shaping inclusive and sustainable urban futures, setting a promising precedent for forthcoming urban finance endeavors. "This World Summit marked the first event showcasing the GPUF's remarkable capacity to connect finance to urban innovations and developments, opening new possibilities for sustainable urban financing." Said Alex Venuto, Deputy Director of the World Urban Pavilion. As the GPUF continues to expand, it collaborates with cities and organizations paving the way to identify investment opportunities with clear financial returns and social impacts. Investors can join the GPUF through a membership model, gaining access to exceptional opportunities. For those interested in joining the platform, you can contact: firstname.lastname@example.org Organizations: Urban Economy Forum: serves as a dynamic platform dedicated to addressing the complex challenges and opportunities inherent in urban development. Comprising a diverse range of stakeholders, including policymakers, urban planners, industry leaders, and academics, the UEF fosters collaborative dialogue and innovative solutions aimed at advancing sustainable urban economies worldwide. Through its conferences, forums, and initiatives, the UEF explores pressing issues such as inclusive growth, urban resilience, and equitable access to resources. With a commitment to driving positive change, the UEF facilitates knowledge sharing, capacity building, and strategic partnerships to shape urban policies and practices that promote economic prosperity, social equity, and environmental sustainability in cities around the globe. The United Nations Human Settlements Programme, UN-Habitat, is the United Nations agency for human settlements. It is mandated by the UN General Assembly to promote socially and environmentally sustainable towns and cities with the goal of providing adequate shelter for all. Aragon: At Aragon Corp, we are more than consultants – we are partners, guides, and champions of your entrepreneurial journey. Rooted in the vibrant Canadian startup ecosystem, we understand the dreams, challenges, and triumphs that come with building a business in this diverse and dynamic nation. Glocal Platform for Urban Finance: The Glocal Platform for Urban Finance (GPUF) represents a pioneering initiative aimed at revolutionizing the way cities access and utilize financial mechanisms for sustainable urban development. Designed to bridge the gap between global financial resources and local urban needs, the GPUF serves as a catalyst for transformative change. By connecting existing financial mechanisms with on-the-ground urban challenges, the platform empowers cities to address pressing issues such as inequality, poverty, environmental degradation, and climate change. Through innovative financial models, strategic partnerships, and technical advisory services, the GPUF facilitates the implementation of sustainable urban projects, ensuring that cities worldwide can thrive in an ever-changing landscape. The World Urban Pavilion in Regent Park – Powered by Daniels is a global knowledge exchange hub to share best practices, innovation and research in urban development and revitalization from countries around the world. The Pavilion envisions people centered, sustainable cities that are planned through data, driven by innovation, and informed by the SDGs. The Pavilion is working in three critical areas: urban knowledge, innovation, and transformation.
BARCELONA, Spain, Feb. 23, 2024 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, is proud to unveil the highlights of 5G-A during the Mobile World Congress 2024. This initiative aims to unlock the full potential of 5G technology and create infinite value. Unveiling ZTE 5G-A Highlights at MWC2024 Green Infrastructure Pursuing the Bit-Watt Perfect Curve Industry's first constant PA efficiency radio platform for optimal performance The latest radio platform achieves near-constant PA efficiency, ensuring optimal performance at all times. This enables 25-30 percentage points higher PA efficiency and 35% lower RRU power consumption than the industry average. 0 bit 0 watt with industry-first hibernation The industry's first hibernation technology has been deployed at scale across over 300,000 AAUs to reduce the power consumption of AAU to as low as 5 watts when there is no traffic. This technology has also been applied to RRU, helping achieve power consumption as low as 3 watts when there is no traffic. For small cells, hibernation enables 0 watts for pRRUs when there is no traffic, and the cell can be awakened in seconds when there are any attempts of service access. 5G-A B2C: Seamless 10Gbps+ Experiences Uni-Radio enables site simplification with 10 times fewer radios The Uni-Radio (A+P) achieves extremely simplified integration of 7-bands into 1, with dual-band AAU, the industry's unique 5-band UBR and FDD full-band antenna, achieving a reduction of radio units from 10 to 1. Industry-unique 12TR RRU goes extremely green, enabling superior energy efficiency The industry-unique dual-band 12TR RRU evolves based on a new platform, achieving near-constant PA efficiency. This enables a 35% lower RRU power consumption than the industry average. With the industry's first RF pooling, the 12TR RRU enables inter-sector output power sharing. For any given sector, 4*120W can be used as 4x160W, achieving higher power efficiency. Industry's highest integration FDD Massive MIMO pushes the 4G capacity envelope even further The tri-band FDD Massive MIMO supports all RATs from 2G to 5G and NB-IoT with an impressive 640W output power in only 115L, achieving up to 6 times throughput improvement. Additionally, AI beamforming enhances FDD Massive MIMO performance by 30%, while the industry-unique beam-level DSS optimizes spectrum utilization, achieving an additional 10% data rate gain. Industry's largest bandwidth mmWave AAU empowers 5G-A 10Gbps+ experience The industry's largest 1.6GHz bandwidth mmWave AAU enables single cell to achieve 28Gbps+ capacity, empowering 10Gbps+ experiences. It serves for diverse scenarios, including fixed wireless access (FWA), large-bandwidth mobile backhaul, and UHD live broadcasting, among others. 5G-A B2B: Network-Cloud Integration, Service Commissioning in One Hour UniEngine: All-in-one-box private 5G solution for core productions UniEngine realizes all-in-one integration of 5G core, 5G RAN, and simplified O&M, while providing powerful computing to enable effortless deployment of 3rd party applications. Enhanced deterministic capabilities of RAN offer much improved service guarantees. The simplified O&M significantly assists even less experienced enterprises in rolling out their private 5G networks and enables end-to-end service performance monitoring. Indoor 5G-A CampSite creates new possibilities for TV broadcasting and VR entertainment The suitcase-sized CampSite is easy to deploy by one person. It integrates communication and computing, enabling 5G-A network setup within one hour. Additionally, with the inclusion of MiCell, the industry's first mmWave distributed micro-cell and IF pooling solution, it achieves 2,500m2 coverage, providing up to 6Gbps downlink or 4Gbps uplink, with ultra-low latency of email@example.com% and high reliability. CampSite facilitates new use cases such as 5G-powered TV broadcasting, wireless large-scale and backpack-free VR entertainment, among others. 5G-A B2X: Boosting the New Economy Ultra-reliable 5G-A network and edge-cloud integration realize cost-efficient V2X for smart transportation ZTE deployed the first 5G-A based vehicle-road-cloud integrated V2X network, empowering autonomous driving and enhancing traffic efficiency. The ultra-reliable network and the edge-cloud at base-station achieve firstname.lastname@example.org% latency, enabling L4 autonomous driving for L2 vehicles at speeds of up to 60km/h. 5G-A NTN realizes universal connectivity through space-ground integration ZTE has developed the industry's first NTN ground base station and completed the world's first 5G IoT-NTN direct-to-cell trial over the S-band as well as the industry's first maritime trial and NR-NTN lab and field trials. These efforts aim to provide capabilities for emergency communication, wide-area IoT, and internet services. Ubiquitous Intelligence: Achieving All-Round High Efficiency 5G-A BBU, the integration of communication and computation for rich AI applications 5G-A BBU achieves seamless integration of communication and computation capabilities. Leveraging its computation capability, base-station native AI enhances RAN intelligence, enabling highly efficient service guarantees to boost traffic, implement more precise power-saving strategies, and facilitate L4 autonomous network O&M. By opening the computation resource open to third parties, cost-efficient app deployment at the base station becomes possible, enriching the range of new applications. AIGC empowered uSmartNet commercial used during a grand sports event in Asia Based on AIGC and digital twin technology, ZTE's uSmartNet achieved the industry's first smart games assurance during the event. This accomplishment resulted in zero major issue and zero major customer complaints, improving operational efficiency by 15% and reducing workload by 30%. ABOUT ZTE:ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, and its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global FOLLOW US:Facebook www.facebook.com/ZTECorpTwitter www.twitter.com/ZTEPressLinkedIn www.linkedin.com/company/zteYouTube www.youtube.com/@ZTECorporation MEDIA INQUIRIES:ZTE CorporationCommunicationsEmail: ZTE.email@example.com
POHANG-SI, South Korea, Feb. 23, 2024 /PRNewswire/ -- Flow Studio a prominent South Korean EduTech startup, secured global acclaim by winning the coveted Best Innovation Award at CES 2024. Among the 4,000 participating companies, Flow Studio emerged as one of the 35 honored with this prestigious recognition, marking a significant milestone. Flow Studio Science Experiment Items Flow Studio's journey began with success in the 2021 Living Invention Korea Idea Contest, where their 'Flow Lab' experimental apparatus and 'Grafting' idea garnered acclaim. The company swiftly evolved, transitioning from a sole proprietorship to a certified venture corporation in 2022. This transition paved the way for the launch of 'Flow Science Lab,' a venture targeting both domestic and international science museums and intelligent science laboratories. Central to Flow Studio's offerings is the 'Grafting' web service, designed to simplify scientific experiments for students. Covering project management, experimental design, result analysis, and scientific report writing, 'Grafting' has become a valuable tool in the education sector. Integrated with 'Flow Science Lab,' the service employs an eco-friendly PLA filament production method and open-source coding, earning multiple awards and undergoing the process of filing international patents. Jeong Aayon, CEO of Flow Studio, envisions 'Grafting' as a global catalyst for disseminating and sharing scientific experiment results among students. The company aims to create an environment where youth worldwide can easily access and engage in science, irrespective of their economic situation. This commitment to accessibility and inclusivity was acknowledged in 2023 when the product received the Excellent Science Culture Content designation from the Ministry of Science and ICT and the Korea Foundation for the Advancement of Science & Creativity. 'Flow Science Lab' aligns with key scientific theories in the Korean primary, middle, and high school science curriculum, allowing students to experimentally prove hypotheses from the 18th and 19th centuries. The 3D CAD-designed data collection device, integral to their offerings, is open-sourced and can be 3D printed in various educational settings, emphasizing accessibility and global collaboration. Flow Studio places a strong emphasis on Arduino-based activities, ensuring affordable scientific opportunities for children worldwide. The Instagram account (Arduinoartist) provides insights into the CEO's inspiration behind Arduino-based experiments and interactive artworks, contributing to the mission of making science education inclusive and accessible to all. In summary, Flow Studio's journey is marked by significant achievements, innovative products, and a commitment to global collaboration and inclusive science education, solidifying its position as a leader in the EduTech landscape.
SINGAPORE, Feb. 23, 2024 /PRNewswire/ -- TechWaves, a Maritime Conference hosted by SGTraDex, marked a significant milestone in the digital transformation of the maritime industry. Held on February 23, 2024, the event showcased the achievements of SGTraDex in revolutionising trade and supply chain digitisation, positioning Singapore as a global maritime hub in the digital economy. Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr. Heng Swee Keat, was the Guest-of-Honour. DPM Heng's speech can be found here. Mr. Tan Chin Hwee, Chairman of SGTraDex Services said, "SGTraDex is an ambitious initiative formed by the public and private sector coming together to tackle the difficult challenge of supply chain digitisation collaboratively and collectively. In the last 2 years, SGTraDex has worked with diverse players across the maritime ecosystem to drive digitisation, catalyse innovation and create change at scale. We are grateful to the partners across the maritime industry and government who have come along with us on this journey and experienced the tangible benefits first-hand. Geopolitical, technological and environmental realities have made this the right time to embrace digitalisation and we strongly encourage all companies to join us on this journey." SGTraDex emerged from the Alliance for Action (AfA) on Supply Chain Digitalisation, anchored through a public-private partnership with the IMDA as well as key industry participants. It serves as a digital enabler for Singapore's maritime industry, facilitating connectivity across diverse stakeholders including traders, shipping lines, bunker suppliers, ports, terminals, financial institutions, and the Singapore Government. SGTraDex supports the Maritime and Port Authority of Singapore's (MPA) broader push in the adoption of digital solutions to encourage better data flows across different ecosystems. Mr. Teo Eng Dih, MPA Chief Executive said, "Singapore is the first port in the world to implement eBDNs. As the world's largest bunkering hub, the potential to improve overall efficiency and transparency in the bunkering sector and help companies access finance, enabled by the secure exchange of electronic documentations, is immense. Since the launch of the MPA's digital bunkering initiative in November 2023, we have approved four solution providers for digital bunkering. MPA looks forward to bring on board partners, like SGTraDex, to maximise the potentials of these digital solutions." The event also featured addresses by maritime industry leaders and stakeholders. Singapore Standards Council (SSC) shared an upcoming standard focused on the digitalisation of bunkering supply chain documentation, while Equatorial Marine Fuel Management Services ("EMF") shared their journey with eBDNs and the future of digital bunkering. Jurong Port Universal Terminal ("JPUT") and Jurong Port outlined their respective initiatives on smart terminals and ship supplies digitisation. Mr. Tan Sian Lip, Co-Convenor for the Working Group on Electronic Documentation for Bunkering said, "It is important for us to adopt a holistic approach to drive the digitalisation of the maritime sector, which must include the development and implementation of robust standards and to ensure interoperability between different systems. That is why the Singapore Standards Council is working closely with various industry stakeholders to introduce a new standard for digital bunkering documents, and help business adopt more secure and efficient reporting processes. The standard will be open for public feedback in the next few months, and we encourage all industry players and relevant businesses to share their inputs on the draft standard." A panel discussion moderated by the International Chamber of Commerce explored the paperless future of maritime, focusing on key documents such as electronic Bills of Lading, Bunker Delivery Notes, and Delivery Orders. A diverse group of panellists from Singapore Standards Council, EMF, JPUT, Blackstone & Gold and SMU deliberated on strategies to expedite the industry's transition towards digitalisation, the impact of digitisation on their respective organisations and institution as well as the implications for those employed in Singapore's maritime and trade finance sectors. The event also witnessed the signing of Memoranda of Understanding ("MOUs") highlighting shared interests in digital transformation: PIL- Collaboration with Suppliers on Digital Bunkering: Pacific International Lines ("PIL"), together with SGTraDex have signed three separate MOUs with PIL's bunker suppliers including TFG Marine, KPI OceanConnect and bp respectively. The MOUs pave the way for PIL and SGTraDex to explore opportunities with each bunker supplier in bunkering supply chain digitalisation, furthering the adoption of eBDN solutions and enhancing the bunkering ecosystem. PIL, a shareholder of SGTraDex, also recently announced that they were the first shipping line to complete full integration with SGTraDex. Mr. Chia Yujin, Head, Sustainability, Decarbonisation and Marine Fuels, Pacific International Lines, said, "As an early adopter of the technology, PIL believes that SGTraDex can improve efficiency and reliability of transactions in the marine fuels market. Through our efforts and close collaboration with our trusted partners, we now have in place all the digital enablers to adopt SGTradex as a solution to simplify transactional processes with our stakeholders in the marine fuel value chain. With the confidence and convenience that SGTraDex can bring to buyers of marine fuels, we look forward to seeing more bunkering hubs adopting this solution, thereby paving the way for a more efficient maritime ecosystem." Frontline and Golden Ocean- Collaboration with Suppliers on Digital Bunkering: TFG Marine, a leading bunker supplier signed an MOU with shipping lines Golden Ocean and Frontline committing to advancing adoption of eBDNs and related documents for their bunker deliveries in Singapore alongside SGTraDex. Transition of Chrysalis into an ecosystem tool for voyage planning: PSA Marine, Advario, and SGTraDex announced an agreement to optimise voyage and terminal operations efficiency for liquid bulk vessels in the Port of Singapore. PSA Marine, Advario and SGTraDex intend to collaborate on the Chryalis tool in order to support ecosystem-wide adoption, and enable enhanced connectivity through integration with the SGTraDex platform. Mr. Jimmy Koh, Head of Pilotage and Digital Transformation, PSA Marine said, "PSA Marine is excited to leverage its digital platform, ONEHANDSHAKE™ to collaborate with all stakeholders in Asia's leading oil trading hub. As a global marine services provider and the sole pilotage service provider in Singapore, PSA Marine fully supports the Maritime and Port Authority of Singapore Just-in-Time initiatives towards faster ship turnaround time and optimisation of port resources." Find out more about PSA Marine here. Mr. Andy Loh, VP Commercial, Advario SEA, said, "Advario is committed to recognising the crucial role of the storage industry in ensuring energy security and driving the energy transition forward. We are dedicated to enhancing Singapore's position as a maritime and digital hub. We believe that with PSA Marine joining, visibility within the liquid bulk supply chain can be revolutionised, fostering efficiency and sustainability. Our efforts are poised to yield substantial benefits for the Singapore ecosystem, particularly in optimising asset utilisation, streamlining processes, and fostering trust. We eagerly anticipate continued collaboration with PSA Marine and SGTraDex, as well as the opportunity to engage our commodity trading partners in this transformative digitalisation journey." These MOUs signify a concerted effort towards digital innovation and collaboration within the maritime industry, leveraging SGTraDex's robust connectivity infrastructure. TechWaves demonstrated the collective commitment of industry stakeholders towards embracing digitalisation and driving sustainable growth in the maritime sector. SGTraDex continues to spearhead transformative initiatives, propelling Singapore towards its vision of becoming a leading maritime hub in the digital era. About SGTraDex Launched on 1 June 2022, the Singapore Trade Data Exchange ("SGTraDex") is a digital utility that facilitates the sharing of data between supply chain ecosystem partners, streamlining information flows through a common data highway where data can be shared in a trusted, secure and inclusive manner. SGTraDex uses proprietary technology anchored through a public-private partnership model to resolve pain points in supply chain ecosystems, including a heavy reliance on a paper-based system which lacks efficiency, transparency and sustainability. The move to digitise information will increase productivity and build supply chain resilience. New efficiencies and opportunities will be unlocked when ecosystem partners can collaborate to achieve a shared visibility of the end-to-end supply chain. For more information, visit sgtradex.com. Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr. Heng Swee Keat delivering his opening address at SGTraDex's TechWaves Maritime Conference.
MIAMI, Feb. 23, 2024 /PRNewswire/ -- Leading figures from finance, government, business, tech, and innovation are convening to deliberate on a range of pressing economic and public policy issues at FII PRIORITY Miami summit, a major global investor summit, held today and tomorrow at Miami's Faena Forum. MIAMI INVESTOR SUMMIT KICKS OFF TODAY WITH GLOBAL LEADERS DISCUSSING HUMANITY'S BIGGEST CHALLENGES The summit brings together investors from around the world gathered with CEOs of major global corporations and policy experts to seek workable impactful solution to issues such as the regulation of AI. This year's theme, 'On the Edge of a New Frontier,' reflects the profound changes the world is experiencing as technology transforms society and economies. Richard Attias, CEO of FII Institute, said,"Today's conversations reflected a sense of urgency as the world grapples with what to do about AI, political uncertainty, and changes in the shape of the global economy. And we bring these conversations to Miami—the new America—so we can chart a steadfast course towards a prosperous future, fully equipped with the insights and knowledge we need, harnessing the power of collective work and thought." In his opening conversation, H.E. Yasir Al-Rumayyan, Public Investment Fund Governor and Future Investment Initiative (FII) Institute Chairman, underscored the role of AI and its key contribution to future economies, saying "Al is coming in a big way! The impact will be very positive as soon as we have regulations in place to monitor, control, and enable this technology. AI could increase global GDP by 14%." Michael Dell, Chairman and CEO of Dell Technologies, addressed the issue of AI regulation, and how CEOs can innovate through periods of extreme volatility and pivot towards future trends, adding "regulations will struggle to match the rapid pace of technological change and may be outdated within a year. We have to ensure that emerging technologies reflect humanity and our system of values and beliefs." The summit's much anticipated roundtable of global CEOs, entitled the "Board of Changemakers," discussed trends and economic outlook. Participating in this year's roundtable were Pamela Liebman, President and CEO of The Corcoran Group; Pierre Beaudion, Chairman of the Board of Bombardier Inc; Jenny Johnson, President and CEO of Franklin Templeton; Marcello Claure, Founder and CEO of Claure Group; and Stephen A. Schwarzman, Co-Founder, Chairman & CEO of The Blackstone Group. The session underscored the impact of digitalization, particularly blockchain and AI, on future investments, advocating for regulation and ethical usage. The members of the board also highlighted AI's massive role in increasing efficiency and how AI can be harnessed to resolve climate change issues. Mike Pompeo, 70th Secretary of State of the United States and Executive Chairman of Impact Investments, addressed the economic consequences of conflict, saying: "in the economic sphere, the connectivity between the things happening geopolitically is now ever more closely tied to thinking about investments and capital flows. It is impossible to separate geopolitical risk from capital allocation." Conclave sessions were held for select senior participants to delve into the concerns relevant to their sectors with full transparency. For example, the conclave on AI convened many leading figures involved in the development of technologies, governance of AI, technology investment, and regulation, with a number of global initiatives on AI regulation presented A special address by former Treasury Secretary Dr. Lawrence H. Summers, Charles W. Eliot University Professor & President Emeritus at Harvard University, and board member at OpenAI, highlighted economic and political contexts, including prospects for soft or hard economic landing, and likely outcomes of the US election. Dr. Summers was joined by Eric Schmidt, co-founder of Schmidt Fututes, who noted that AI is likely to double everyone's productivity, underscoring the importance of AI regulation, he added "there are questions about what happens when computers start to make decisions." FII Institute's Founding Partner is the Public Investment Fund of Saudi Arabia, which, alongside the Vision Partner, the Ministry of Investment of Saudi Arabia, and 26 international strategic partners are actively involved in the ongoing work of the institute. The FII Institute welcomed two new strategic partners at the summit: ACWA Power and Franklin Templeton. Speakers from strategic partners Franklin Templeton, GFH, HSBC, NEOM, ROSHN, Sanabil, Softbank, and State Street shared updates on their international projects relevant to the themes of the summit. Notes to EditorFor media inquiries, please contact:Phone: +966 53 978 2030Email: Media@fii-institute.org The Future Investment Initiative (FII) Institute is a global non-profit foundation driven by data with an investment arm and one agenda: Impact on Humanity. Global and inclusive, we foster great minds from around the world and turn ideas into real-world solutions in four critical areas: Artificial Intelligence (AI) & Robotics, Education, Healthcare and Sustainability. The FII PRIORITY Miami summit continues conversations held in Hong Kong and Riyadh in Autumn 2023. It is part of an ongoing global program of summits held throughout the year, with upcoming summits in Rio de Janeiro in June and Asia later in the year.
TECNO to Unveil An AI-Enhanced Imaging System at MWC24, Set to Debut in its Upcoming CAMON 30 Series
The new TECNO PolarAce Imaging System harnesses AI, industry-first, and industry-leading technologies to level up mobile video imaging. BARCELONA, Spain, Feb. 23, 2024 /PRNewswire/ -- Global Innovative brand TECNO today announced that it will unveil TECNO PolarAce Imaging System (hereafter referred to as TECNO PolarAce) during MWC Barcelona 2024. It will be TECNO's first-ever imaging system featuring an independent imaging chip. Leverage AI technologies to enable industry-redefining videography capture, the system will debut in the upcoming CAMON 30 Series, bringing a new pinnacle of mobile video imaging to users around the world. TECNO PolarAce will be unveiled alongside a new flagship laptop, the MEGABOOK T16 Pro 2024 Ultra and TECNO's latest updates of its innovations in AI capabilities for smartphones at the TECNO New Technology and Flagship Product Launch event on Tuesday, February 27th at Partner Theatre 3, Hall 8.0, FiraBarcelona Gran Via. TECNO welcomes all exhibition visitors who are interested in attending the event to register here. Despite major advancements made by mobile imaging technologies over time, traditional SoCs still lack the computing power required to deliver truly exceptional video. Current solutions still struggle to produce smooth, high-quality footage at night and have limited full-scene HDR capabilities. Born for extraordinary capture, TECNO PolarAce embraces the latest AI technologies, as well as many industry-first and industry-leading technologies, to address these and other common pain points to meet the ever-growing demands of the modern content creator. TECNO PolarAce will be the latest addition to TECNO's ambitious range of products and technologies that harness AI to create new possibilities and take the user experience to new heights. With this new imaging system, TECNO is demonstrating its determination to reach for the future, bringing the innovative technologies of tomorrow, to users, today. TECNO welcomes all MWC attendees to visit its stand to witness how the brand is pulling the future closer with its wide range of innovative AI-enhanced products and technologies. The stand is located at 6B11, Hall 6, Fira Gran Via. TECNO PolarAce will be available for visitors to experience at the stand following the launch event, from 18:00 on day two. To register to attend the TECNO New Technology and Flagship Product Launch event, please click here. About TECNO TECNO is an innovative technology brand with operations in over 70 countries and regions across five continents. Since its launch, TECNO has been revolutionizing the digital experience in emerging global markets, relentlessly pushing for the perfect integration of contemporary, aesthetic design with the latest technologies. Today, TECNO has developed into a recognized leader in its target markets, delivering state-of-the-art innovation through a wide range of smartphones, smart wearables, laptops and tablets, HiOS operating systems and smart home products. Guided by its brand essence of "Stop At Nothing", TECNO is committed to unlocking the best and newest technologies for forward-looking individuals. By creating stylish, intelligent products, TECNO inspires consumers worldwide to never stop pursuing their best selves and their best futures. For more information, please visit TECNO's official site: www.tecno-mobile.com