Yearly Archives: 2022

PR Newswire

Hesai Becomes the World’s First Automotive Lidar Company To Reach 10,000 Units Monthly Delivery

Leave a comment

SHANGHAI, Oct. 7, 2022 /PRNewswire/ — Hesai has officially announced its monthly delivery of the AT128 lidar exceeded 10,000 units, making Hesai the world’s first automotive lidar company to reach this milestone. 

“10,000” is an important milestone for both Hesai and the industry, marking the beginning of automotive lidar’s mass production and delivery in the global market. Hesai also maintains the highest market share in the global L4 autonomous driving market.

Hesai Delivers Over 10,000 AT128 Lidar Units in September 2022
Hesai Delivers Over 10,000 AT128 Lidar Units in September 2022

According to the “Lidar for Automotive and Industrial Applications 2022 Market and Technology Report ” released by Yole Intelligence in August, with the strong emergence of China’s intelligent driving industry, Chinese manufacturers such as Hesai have become important players in the global lidar market. Among the lidar manufacturers, Hesai ranks first in ADAS design wins, L4 autonomous driving lidar market share, and total revenue for automotive lidar.

Hesai's Total Revenue Ranks 1st for Automotive Lidar Globally
Hesai’s Total Revenue Ranks 1st for Automotive Lidar Globally

Hesai Ranks 1st in L4 Autonomous Driving Lidar Market Share
Hesai Ranks 1st in L4 Autonomous Driving Lidar Market Share

Hesai Ranks 1st on ADAS Design Wins Globally
Hesai Ranks 1st on ADAS Design Wins Globally

Proprietary technology behind high-demand lidar

Hesai’s first mass-produced ADAS long-range main lidar, AT128 is not the first hybrid solid-state lidar to enter the market. However, it immediately won multiple contracts from leading automakers after its release, including Li Auto, JiDU, HiPhi, and Lotus. “AT128 has excellent comprehensive performance among currently mass-produced, automotive-grade lidars,” said Li Xiang, CEO of Li Auto.

Hesai’s exceptional R&D capability played a key role in achieving such high lidar performance. Unlike other manufacturers who try to reduce costs by cutting the number of lasers and complicating the scanning module, Hesai took a unique but harder path: keeping the 128 channels, and integrating hundreds of components to form optimized lidar architecture through proprietary technology.

Hesai’s proprietary technology has three significant technical advantages:

The first is higher performance. A “genuine 128-channel” lidar can conduct ultra-high precision scanning of the environment, forming uniform and unstitched point cloud that help vehicles “see” the 3D world clearly in real-time.

The second is higher reliability. Reducing the number of individual components in a lidar improves mass production reliability. 128 laser channels also provide higher safety redundancy. Even if one laser channel fails, the rest will continue to operate to ensure normal function of the lidar.

The third is higher production consistency. By enhancing components integration, it minimizes manual assembly to avoid human errors, which significantly increases production efficiency and consistency.

Highly automated production line with 60-second cycle time

In addition to the proprietary technology, another strategic adavantage for Hesai is its in-house manufacturing. Hesai believes that rapid iteration and quality control are crucial for automotive lidar. Self-built factory enables a higher degree of control during each manufacturing step, allowing timely optimizations to ensure large-scale, high-quality mass production and delivery.

Hesai’s factory adopts the most advanced manufacturing technology and intelligent cloud service. It deploys a large number of intelligent industrial robots to automate over 100 production processes, achieving a 90% automation rate of the entire production line. It also has a 60-second cycle time, which means that on average, a qualified lidar unit rolls off the production line every 60 seconds.

To achieve strong mass-production and delivery capability that satisfies global OEMs’ requirements, Hesai also invested nearly 200 million US dollars in its “Maxwell” intelligent factory. It has a planned annual production capacity of over one million units. The factory is expected to enter operation by 2023.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hesai-becomes-the-worlds-first-automotive-lidar-company-to-reach-10-000-units-monthly-delivery-301643495.html

PR Newswire

Infobird Co., Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement

Leave a comment

BEIJING, Oct. 7, 2022 /PRNewswire/ —  Infobird Co., Ltd (NASDAQ: IFBD) (“Infobird” or the “Company”), a leading provider of AI-powered customer engagement solutions in China, today announced that it received a notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on October 6, 2022 notifying the Company that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement and that the matter is now closed.

On March 28, 2022,  the Company was first notified by Nasdaq of its failure to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given 180 days, or until September 26, 2022, to regain compliance. On September 27, 2022, the Company received a 180-day extension from Nasdaq, or until March 27, 2023, to regain compliance. Effective September 9, 2022, the Company effected a 1-for-5 share consolidation.

The Notice noted that as of October 6, 2022, the Company evidenced a closing bid price of its ordinary shares at or greater than $1.00 per share from September 9, 2022 through October 5, 2022. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq considers the matter closed.

About Infobird Co., Ltd

Infobird, headquartered in Beijing, China, is a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. For more information, visit Infobird’s website at www.Infobird.com.

Forward-Looking Statements 

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will, “future,” “expects,” “believes,” and “intends,” or similar expressions, are intended to identify forward-looking statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events, results, conditions or performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date they are made. In evaluating such statements, investors and prospective investors should review carefully various risks and uncertainties and other matters identified in the Company’s filings with the U.S. Securities and Exchange Commission. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Cision View original content:https://www.prnewswire.com/news-releases/infobird-co-ltd-regains-compliance-with-nasdaq-minimum-bid-price-requirement-301643483.html

PR Newswire

Veoneer partners with Arbe to Expand the Boundaries of High-Performance Perception-Level Automotive Radars

Leave a comment

STOCKHOLM, Oct. 7, 2022 /PRNewswire/ — The automotive technology company Veoneer and the 4D imaging radar solutions company Arbe Robotics Ltd (Nasdaq: ARBE) have announced plans to co-develop radars for automotive-grade safety and rolling out autonomous functionality.

After 5 years extensive research among technology start-ups, Veoneer has chosen to partner with Arbe for their 2K high resolution industry-leading surround radar, able to enhance the perception system and sensor fusion.

Veoneer will develop, market, and integrate two surround 4D imaging radars extending on Arbe’s reference designs: one long-range, high resolution, 360° sensing solution with 48×48 RF channels (Tx/Rx) and one with 24×12 RF channels. Veoneer’s patented waveguide technology will enhance Arbe’s performance metrics further by improving antenna efficiency and reducing performance variability in the manufacturing process.

The 4D ultra high-resolution imaging radar operates also in difficult weather and lighting conditions and it differentiates true threats from false alarms to ensure a safe road ahead for drivers, pedestrians, and other vulnerable road users. The radar sensor is modular in design, reliable and affordable, providing both redundancy and the data diversity that is critical for both automotive-grade safety and rolling out autonomous functionality.

The new surround radar is expected to be in pre-production by mid-2023.

“Veoneer is committed to offering safe, robust, high-quality sensor solutions to vehicle manufacturers globally. During the past 5 years, we have performed extensive research among 4D radar companies globally. By partnering with Arbe Robotics, Veoneer will be able to offer and integrate scalable automotive-grade 4D radar-sensors in future cars, at competitive prices,” says Jacob Svanberg, CEO of Veoneer.

For more information please contact:
Thomas Jönsson, EVP Communications & IR,
thomas.jonsson@veoneer.com, tel +46 (0)8 527 762 27 

Veoneer HoldCo, LLC. is an automotive technology company, a world leader in active safety and restraint control systems, focused on delivering innovative, best-in-class products and solutions to our customers. Our purpose is to create trust in mobility. Veoneer is a Tier-1 hardware supplier and system integrator with products being part of more than 125 scheduled vehicle launches for 2022. Headquartered in Stockholm, Sweden, Veoneer has 6,100 employees in 11 countries. The Company is building on a heritage of close to 70 years of automotive safety development. 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/veoneer/r/veoneer-partners-with-arbe-to-expand-the-boundaries-of-high-performance-perception-level-automotive-,c3644452

The following files are available for download:

PR Newswire

EVERISE NAMED TO NEWSWEEK’S LIST OF THE TOP 100 MOST LOVED WORKPLACES FOR 2022

Leave a comment

Everise is Among the Top 100 U.S. Companies Recognized for Employee Sentiment and Satisfaction for the Second Year in a Row

NEW YORK, Oct. 7, 2022 /PRNewswire/ — Newsweek announced today their annual rankings for the Top 100 Most Loved Workplaces® list. Everise made the list once again and was ranked #90.

The 2022 Top 100 Most Loved Workplaces® are the result of a collaboration with the Best Practice Institute (BPI), a leadership development, and benchmark research company. The results were determined after surveying over 1.4 million employees from businesses with workforces varying in size from 50 to more than 10,000. The list recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them. 

“As a result of ‘The Great Resignation,’ more companies recognize the importance of focusing on employee satisfaction to not only attract but retain top talent,” said Nancy Cooper, Global Editor in Chief, Newsweek. “The businesses on this year’s list clearly demonstrated that commitment.”

According to Louis Carter, CEO, Best Practice Institute, the companies on this list represent the best at placing love at the center of their employee’s experience. “The number of applications this year and analysis of survey data reinforces our original findings that love is the strongest predictor of the strength of a company’s culture, employee engagement, and satisfaction”, said Carter.

Everise isn’t new to the Top 100 Most Loved Workplaces® list, last year the company received their first distinction. “We’re honored to be part of the list once again. At Everise we believe that great companies revolve around great people. That’s our vision and we live by it. We take pride in putting our people first, celebrating diversity, and incubating innovation. These values have been the center of our HR strategies and inspire us to continue to create a great company culture”, said Sheena Ponnappan, Chief People Officer.

How positive workers feel about their future at the company, career achievement, how much employer values align with employee values, respect at all levels, and the level of collaboration at the firm were the five critical areas measured to gauge employee sentiment. In addition, areas such as inclusion, diversity, equity and belonging, and company response and adaptability to the COVID-19 pandemic, such as return-to-office rules, were identified and analyzed in relation to the five critical areas measured.

For the full Newsweek list of 2022’s Most Loved Workplaces, please visit https://tinyurl.com/newsweek100.

About Everise

Everise is a technology-enabled outsourcing firm with expertise in transforming healthcare and technology customer experiences globally. The Company’s unique approach combines customer and technical support services with AI, robotic process automation, analytics, and secure cloud-based technology. Some of the world’s most loved brands have products and services that are perfected, protected, supported, and sold by Everise.

Our innovative digital outsourcing services are high performing, scalable, secure, agile, and have fluent proficiency in 32 languages, which helps brands to create seamless customer, product, digital, and home experiences. We strategically operate in seven markets to enable our partners to economically reach their customers across the globe.

To learn more about Everise visit www.weareeverise.com.

Methodology

To identify the top 100 companies for the Newsweek ranking, companies were evaluated and scored as follows: 35 percent of the initial score was based on employee survey responses; 25 percent was derived from analysis of external public ratings from sites such as Comparably, Careerbliss, Glassdoor, Indeed and Google; and 40 percent came from direct interviews with and written responses from company officials. Newsweek then conducted additional research into every company on the list, as well as the top runners up, to determine the final list of 100 companies and their ranking. (The list includes both U.S. firms and companies with a strong U.S. presence that are based overseas.)

About Newsweek

Newsweek is the modern global digital news organization built around the iconic, over 85-year-old American magazine. Newsweek reaches 100 million people each month with its thought-provoking news, opinion, images, graphics, and video delivered across a dozen print and digital platforms. Headquartered in New York City, Newsweek also publishes international editions in EMEA and Asia.

About Best Practice Institute

Best Practice Institute is an award-winning leadership and organization development center, benchmark research company, think tank, and solutions provider. BPI is the certifying body for Most Loved Workplace® and conducted the original research to create the model and criteria for becoming a Most Loved Workplace®. BPI’s research proves that Most Loved Workplaces® produce 3-4 times better customer service, employee performance, and retention than companies not loved by their employees. 

For more information on how to apply to become a certified Most Loved Workplace in 2023, go to: http://www.mostlovedworkplace.com

Media Contact:

Coral Gotay
Senior Manager, Public Relations & Brand Strategy
coral.gotay@weareeverise.com

Charlene Poon
Director, Public Relations & Brand Strategy
Charlene.poon@weareeverise.com

PR Newswire

Supermicro JumpStart Early Access Program Accelerates Time to Market for Upcoming 4th Gen Intel Xeon Scalable Processor Systems

Leave a comment

JumpStart Program Will Provide Pre-Release Online NDA Access for X13 Early Performance Testing and Validation of 4th Gen Intel Xeon Scalable Processor (formerly codenamed Sapphire Rapids) Systems

San Jose, Calif., October 6, 2022 /PRNewswire/ — Supermicro (NASDAQ: SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge is announcing its JumpStart early remote access program – Supermicro X13 JumpStart — for workload testing on 4th Gen Intel Xeon Scalable processor-based Supermicro X13 systems.

Innovative Systems for Next-Gen Workloads
Innovative Systems for Next-Gen Workloads

Before the public launch, participants will get early access to leading-edge technologies to accelerate their solution deployment for AI, Deep Learning, Compute, Telco, Storage, and others on Supermicro’s extensive portfolio of upcoming X13 systems. Developers will be able to test compatibility with previous generations of Intel Xeon processor-based systems and enhance their applications to take advantage of the new capabilities of the 4th Gen Intel Xeon Scalable processors.

Developers and IT administrators in various industries will soon benefit from early access to these new systems. From cloud computing, CDN, software-defined storage, mission-critical enterprise applications, HPC, and, among other applications, the forthcoming X13 systems with 4th Gen Intel Xeon Scalable processors will enable new performance levels utilizing state-of-the-art technology including DDR5, PCIe 5.0, Compute Express Link 1.1, and Intel Advanced Matrix Extensions (Intel AMX).

“Supermicro’s JumpStart program will enable customers to quickly validate workload performance of 4th Gen Intel Xeon Scalable processors, formerly codenamed Sapphire Rapids, on Supermicro’s new X13 platforms and fast-track datacenter deployment,” Charles Liang,  president, and CEO, Supermicro.”Supermicro continues to work closely with leading AI, Cloud, 5G Edge, and Enterprise partners to improve time-to-market for leading-edge products and technologies to deliver first-mover performance, efficiency, and competitive advantage.”

“Intel is pleased to promote Supermicro to give developers and data center operators access to some of our most advanced and performant new CPU offerings,” said Don Cunningham,  Vice President & General Manager, Data Center and AI Group at Intel. “We are excited to see Supermicro give qualified customers full use of advanced Supermicro servers using the 4th Gen Intel Xeon Scalable processors to test and validate their innovative applications.”

Jumpstart Program

NDA Validated customers can soon receive remote access to X13-based Supermicro systems to develop, validate, tune and benchmark their advanced workloads before the general release of the products. This early access period will enable performance and efficiency-minded datacenters a first-mover advantage to deploy their pre-validated solutions at or around the public release of the products.

The JumpStart Program will support Supermicro’s extensive portfolio of upcoming X13 Systems. The Supermicro Hyper 1U and 2U rackmount servers will be initially available for validation with additional models of rackmount, multi-node twin, SuperBlade®, and storage systems added over time and based on customer demand. The program will be hosted at Supermicro’s Rack Plug and Play Solution Center, providing users access to Supermicro’s leading datacenter engineering and architecture team to help customers rapidly go from testing and validation to full total IT solution deployment

Accessing the program is easy and fast. Using Supermicro’s JumpStart portal, interested Supermicro customers can register to qualify. Soon after, they will be given a bare metal instance with a choice of operating systems and flexible scheduling.

Product Portfolio for Supermicro X13 Jumpstart

Initially, Supermicro will be making available several of the Hyper rack-mounted systems that will have the capability to run next-generation workloads. In addition, other systems, including Multi-node and Blades, could be added to the program.

These products and others will support the Intel Xeon Scalable processor-based (X13) platform. Supermicro is committed to bringing new systems first to market with access to the latest technologies.

To learn more about the Supermicro X13 Jumpstart program, visit:  http://www.supermicro.com/jumpstart https://www.supermicro.com/jumpstart/x13

To learn more about Supermicro, visit www.supermicro.com 

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are transforming into a Total IT Solutions provider with server, AI, storage, IoT, and switch systems, software, and services while delivering advanced high-volume motherboard, power, and chassis products. The products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc. 

Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

All other brands, names, and trademarks are the property of their respective owners.

Source: Super Micro Computer, Inc.

Computers, Gaming, News

GIGABYTE Kicks off Their GeForce RTX 4090 GPUs with WINDFORCE Bionic Shark Fans 

Leave a comment

Yes, you read that right. You read Bionic Shark Fans, not Fins, and you are reading that right, it is not a typo. Now that we got that out of the way, let us talk about NVIDIA’s GeForce RTX 4090 as envisioned by Gigabyte. 

NVIDIA’s latest GeForce RTX 40 series promises a lot of performance and power. The ADA Lovelace architecture, as they call it, is claimed to be miles ahead of its competition and is significantly more powerful than NVIDIA’s older 30 series GPUs. Of course, we are all waiting to see if that claim can be substantiated. 

While we are waiting around though, NVIDIA’s board partners are not. One of them, GIGABYTE has started introducing new GeForce RTX 4090 GPUs for the market. They did away with not just one GPU offering; they are offering four variants of the GeForce RTX 4090 alone.  

AORUS MASTER 

AORUS GeForce RTX® 4090 MASTER 24G
Source: GIGABYTE

First up is the AORUS MASTER GPU. Like all the NVIDIA GeForce RTX 4090 cards released by Gigabyte, the AORUS MASTER offers better cooling performance with up to 30% more static pressure while reducing noise by up to 3dB. All this is possible thanks to Gigabyte’s latest WINDFORCE bionic shark fan design, and the AORUS MASTER gets three of them lined with RGB rings to keep the card cool in all kinds of conditions. Those are on top of larger heatsinks over the previous generation GPUs.  

The AORUS MASTER cards also offer an LCD read out at the side of the card. The read out allows you to personalise your PC’s look even further with your own graphics and what not. If not, you can access and monitor critical stats like power consumption, GPU temperature, and even its fan speed.  

To ensure that the GPU always works at optimal temperature, it is not just about having bigger coolers. It is also about using the right components in the construction of the card. That is why Gigabyte opted for aerospace grade PCB alongside Dual BIOS and 24+4 power phase design underneath an upgraded metal backplate to keep every component running at lower temperatures. Of course, the back plate also adds some rigidity to the card to minimise GPU sagging for a better look overall.  

GIGABYTE GAMING OC 

GeForce RTX® 4090 GAMING OC 24G
Source: GIGABYTE

Then there is the GIGABYTE GAMING OC card. It is no AORUS, but it is still an NVIDIA GeForce RTX 4090 GPU which also means it packs a lot of power. It comes with the same WINDFORCE fan blade design as the AORUS MASTER. The WINDFORCE fans also uses graphene nano lubricant that is supposed to extend the fan’s life by up to 2.1 times compared to regular double ball bearing fans. The GAMING OC GPU also has three of the WINDFORCE fans that comes with the same RGB Halo from the AORUS MASTER GPU to keep everything cool alongside ULTRA DURABLE certified components. Dual BIOS should keep the card operating at lower noise levels. 

GIGABYTE WINDFORCE 

GeForce RTX® 4090 WINDFORCE 24G
Source: GIGABYTE

Sometimes you do not need the extremities that the AORUS MASTER offers. You do need the flashy RGB that the GAMING OC card offers too. You just want something that works. That is the GIGABYTE WINDFORCE NVIDIA GeForce RTX 4090 card.  

It still packs the same WINDFORCE coolling system, which also means you should not be getting any less cooling performance with the entry-level GeForce RTX 4090 GPU from GIGABYTE. Like its more extreme brothers too, it has a large vapour chamber in direct contact with the GPU to keep everything cool and optimised. It even comes with Dual BIOS to keep things quiet when you need it to.  

AORUS XTREME WATERFORCE 

AORUS GeForce RTX® 4090 XTREME WATERFORCE 24G
Source: GiGABYTE

The AORUS XTREME WATERFORCE is GIGABYTE’s answer to keeping the NVIDIA GeForce RTX 4090 optimally cool in more extreme loads. It offers everything that the AORUS MASTER card offers, but with a slightly different cooling solution. Instead of relying on regular fan and heatsinks, it comes with a large water block and all-in-one aluminium radiator attached with three 120mm fans to keep things icy cold.  

Space management with liquid cooling designs are usually quite complex. You want to think about the placement of the radiators, especially if you are also going with an all-in-one cooling solution for the CPU as well. To make things easier, the inlet and outlet ports are placed at the back of the card, so that it is easier to place the radiator. The pipes are also 460mm soft tubes to give you that extra flexibility in radiator placements.  

GIGABYTE UD1000GM and UD850GM Power Supplies – PCIe 5.0 Empowerment 

The new GPUs are rather power hungry with a quoted TDP of up to 450W. That is not even considering the spikes that the GPUs might go through from time to time. You need a power supply with a tonne of capacity. Since these are PCIe 5.0 cards too, you want your PSU to have PCIe 5.0 support out of the box for the best experience with the GPUs.  

Introducing GIGABYTE’s UD1000GM and UD850GM 1000W and 850W power solutions made for PCIe 5.0 parts. As per PCIe 5.0 standards, the PSU offers a high-quality 16-pin connector that supports up to 600W of power output should your GPU need it. It is also a modular design with detachable cables for convenient cable management.  

Price and Availability 

There are no mentions on its local availability just yet. There are also no specific mentions on its pricing. You can expect the GPUs to be available once the reference cards from NVIDIA goes to market. You can also expect prices to be on the higher end of the scale compared to the reference cards with all the custom cooling solutions and components on their cards. More on GIGABYTE’s custom solutions for NVIDIA’s latest GeForce RTX 4090 GPUs can be found on their website.  

PR Newswire

University of Technology Sydney (UTS) to visit Vietnam

Leave a comment

Opportunity for Vietnamese students to discover Australia’s number one young university[i]

SYDNEY, Oct. 6, 2022 /PRNewswire/ — Students interested in learning more about opportunities at the University of Technology Sydney (UTS) are warmly invited to attend two informative events here in Vietnam. UTS is preparing Open Days in Hanoi and Ho Chi Minh City with presentations from faculty, alumni, and staff.

University of Technology Sydney campus
University of Technology Sydney campus

The Open Days are a rare opportunity to experience the university and talk with academics and alumni without leaving Vietnam. They will include free sessions for students and their families covering study programs, student life in Sydney Australia, accommodation, tuition fees, scholarships, and career opportunities in Australia and around the world for UTS graduates.

Learn more about student life in Australia

Activities on the day will include:

  •  Presentations, career workshops, and mock classes with UTS academics
  •  Information booths where visitors can consult with faculty members and explore pathway options with UTS College
  •  Exclusive support and rewards offered by UTS and partners in Vietnam
  •  Opportunities to meet representatives from Australia’s Trade and Investment Development Authority
  •  UTS staff and alumni available for questions

Why students choose UTS

A degree from UTS prepares graduates for the real world. Major projects, group work, simulations and industry case studies are a core component of each degree. This real-world focus is the result of close ties with industry – industry partners help the university to shape cutting-edge course content. Students graduate ready to deliver real solutions to the challenges of today and tomorrow.

Generous scholarship program

With up to A$12 million awarded to international students each year, UTS offers one of the most generous scholarship programs in Australia. Financial support ranges from academic excellence awards to full-award scholarships, helping international students to thrive at UTS.

Career support for international students

Because studying in Australia presents challenges and opportunities for international students, UTS offers a range of services to help them develop the skills, knowledge, and confidence to succeed at university and beyond. Created with input from industry, graduate recruiters, and faculty experts, these programs, events, and resources are relevant, with an emphasis on ‘real world’ employability.

Event details, Hanoi and Ho Chi Minh City

UTS Open Day Hanoi:
1.30-5.30pm, Saturday 22 October
Hilton Hanoi Opera
1 Le Thanh Tong
Phan Chu Trinh Ward
Hoan Kiem District, Hanoi
Register at https://bit.ly/3M8CVI5

UTS Open Day Ho Chi Minh City:
8.30am-12.00pm, Sunday 23 October
Eastin Grand Hotel Saigon
253 Nguyen Van Troi Ho Chi Minh City
Thanh pho Ho Chi Minh 10

Register at https://bit.ly/3rvcbIl

About UTS and UTS College
The University of Technology Sydney (UTS) is a leading university of technology with global impact and among the top 150 universities in the world. With more than 340 diverse programs for study and research, UTS prepares students for the challenges of today and tomorrow through its future-focused and industry-connected approach to learning. Its location in Sydney’s innovation precinct, Tech Central, places it in the heart of Australia’s tech economy – where creativity meets technology.

Students often begin their UTS experience with UTS College, the pathway to UTS, which offers English Language programs, Diploma courses (undergraduate pathways in Business, Communications, Design & Architecture, Engineering, IT and Science) and a Pre-Master’s Program.

PR Newswire

GAMURS CLOSES $17.8M AUD SERIES A FUNDING ROUND LED BY U.S. INVESTORS ELYSIAN PARK VENTURES AND CERRO CAPITAL

Leave a comment

Leading Gaming, Esports, and Entertainment Media Network Will Accelerate Strategic Acquisition Opportunities and Expand Into Adjacent Markets

SYDNEY, Oct. 6, 2022 /PRNewswire/ — GAMURS, the leading gaming, esports, and entertainment media network, today announced it has closed a $17.8M AUD ($12M USD) Series A funding round. U.S. based investors Elysian Park Ventures, the private investment arm affiliated with the Los Angeles Dodgers ownership group, and Cerro Capital co-led the round, with participation from Powerhouse Capital, Aura Ventures, and Artesian.

GAMURS will leverage the financing to accelerate its rapid growth strategy and expansion into adjacent markets. Founded by Riad Chikani in 2014, GAMURS has quickly developed into one of the industry’s largest media networks, with 55 million active monthly users across its portfolio of 16 major digital publications covering esports, gaming, and entertainment. 

“We are incredibly proud to have the backing of Elysian Park Ventures, Cerro Capital, and all of our incredible investors,” said Riad Chikhani, Founder and CEO of GAMURS. “The round not only presents a fresh injection of growth capital, but offers the opportunity to collaborate with strategically aligned investors who will actively add value in our journey to redefine gaming and entertainment media.”

The company’s organic growth profile has been amplified by acquiring small, underdeveloped digital media platforms and providing them with the tools, resources and global platform they need to scale with purpose. With the company already being profitable, the funds from this raise will predominantly be used towards further acquisition opportunities, as it continues to see these investments as core to its business model. As of July 2022, GAMURS’ revenue is tracking at 158% up on the previous year, and its EBITDA has more than doubled. 

“At Cerro Capital, we view GAMURS as the driving force to consolidate an incredibly fragmented esports and gaming media ecosystem. Through a number of M&A transactions to date, we’ve seen that they’re incredibly adept at identifying targets, running a smooth integration process, and driving near immediate growth in audience and revenue, in a profitable manner,” said Ashish Patel, Cerro Capital Co-Founder and Managing Partner. “We’ve been consistently impressed by CEO Riad Chikhani’s discipline and leadership in operating the organisation profitably – a rare feat in today’s digital media environment – all while still being under-monetised from an advertising perspective.”

According to Grand View Research, the global esports market is expected to grow at a CAGR of 21.9% through 2030, with factors influencing market growth including an increase in live streaming of games, rising audience reach, and infrastructure for league tournaments, among others. Since its inception, GAMURS has been at the forefront of identifying authentic and authoritative voices in the space, including its flagship brand, Dot Esports, and Gamepur. The market presents a unique opportunity for GAMURS to continue growing in terms of organic reach, and it plans to expand on its monetisation strategy to amplify its yield and earnings across its portfolio of brands.

In addition to its extensive media portfolio, GAMURS supports brands looking to reach its sizable esports and gaming audience which is predominantly 18-34 year-olds (64%). GAMURS’ service offerings include strategic sponsorships, digital media buying, bespoke content creation and campaign solutions, product partnerships, and more. GAMURS has created innovative campaigns with leading global brands such as McDonald’s, Red Bull, Nintendo, Intel, and more.

“Our mission at Elysian Park Ventures is to invest in companies that are going to have a profound impact on the sports world,” said Nikhil Bahel, Elysian Park Ventures Managing Partner. “GAMURS has quickly snuck up on the emerging esports market with a sustainable business model, and a remarkably focused and passionate founder in Riad. We’re excited to support the company as it continues to scale and present more opportunities for both consumers and advertisers.”

“We’re thrilled to continue to follow-on our investment into GAMURS for the third time, a testament to the company’s rapid growth and success. Our conviction has never been stronger as the team continues to deliver impressive results and maintains a healthy profitability margin,” said Eric Chan, Aura Ventures Managing Partner.

About GAMURS

GAMURS Group’s far-reaching gaming and entertainment network reaches 55 million monthly users across its group of mastheads. Its media portfolio includes Dot Esports, the world’s premier destination for competitive gaming news, Gamepur, a fastly growing voice in gaming journalism, Pro Game Guides, featuring in-depth guides for all gaming genres and devices, TouchTapPlay, a top destination for mobile gaming news and guides, We Got This Covered, a wide-reaching entertainment news site, and The Mary Sue, the geek girls’ guide to the entertainment universe, and others.

About Elysian Park Ventures

Elysian Park Ventures is a private investment firm created by the ownership group of the Los Angeles Dodgers that partners with exceptional entrepreneurs operating at the intersection of sports, technology, and entertainment. Based in Los Angeles, New York, and London, Elysian Park invests across stages from seed to growth, and also provides entrepreneurs with strategic, operational, and management resources through the Global Sports Venture Studio, Trailblazer Venture Studio, and Robin, among others. Learn more at elysianpark.ventures.

About Cerro Capital

Cerro Capital, a global sports investment firm, has launched a growth equity fund investing in the Future of Sports. Founded in 2021, by a team of principal investors and operators with decades of global experience, deep seated industry relationships, and access to premium deal flow, the fund aims to be the leading growth capital investor for Sports IP & Technology – a specialised yet significantly large and influential global industry reaching massive adjacent markets.

Logo – https://techent.tv/wp-content/uploads/2022/10/gamurs-closes-17-8m-aud-series-a-funding-round-led-by-u-s-investors-elysian-park-ventures-and-cerro-capital.jpg

Accessories, Computers, Gaming, Lifestyle, News

ASUS is Zen 4 Ready with New B650 Motherboards 

Leave a comment

AMD recently launched their new Zen 4 architecture platform in their Ryzen 7000 series CPUs. Yes, in case you have not known yet, the AMD Ryzen 5000 series is now outdated and is replaced with AMD’s brand-new Ryzen 7000 processors. Yes, benchmark numbers produced by AMD also shows rather promising figures too, they suggest performance numbers well beyond what their Ryzen 5000 Zen 3 processors can manage. They are promising larger performances even compared to their competitors too.  

While the past few years of AMD’s Ryzen goodness have been backward compatible with their AM4 socket, the new Ryzen 7000 with Zen 4 kicks things off for a new generation of socket made for the future, the AM5 socket platform. Gone are the flimsy pins on the chip itself and in comes push pins on the board instead, for a less nerve-wrecking installation process.  

While AMD can go on and on with how powerful and different their new processors are, their Ryzen 7000 chips are glorified paperweights if they cannot get on a proper motherboard. This is where ASUS comes sweeping in with brand new motherboards to support the new AM5 platform and take advantage of Zen 4 with the B650 chipset motherboards.  

You want to keep in mind that the AMD B650 boards are not the top-of-the-line computing platforms you can get for AMD’s latest and greatest. For the most current ultimate AMD experience, you want to go for the X670 boards. The B650 then is a sort of budgeted performance boards for those looking to build a powerful system that does not break the bank.  

For the Hardcore Gamers – The ROG Strix Series 

ROG STRIX B650E E 01
Source: ASUS
B650A 01 1.png
Source: ASUS
B650E F 01
Source: ASUS
B650E I 01
Source: ASUS

Everybody wants an ROG. That is also because they are known to make some of the best gaming gears and hardware in the market. For the AMD Ryzen 7000 they have the ROG Strix B650-E, B650-F, B650-I, and B650-A Gaming WiFi motherboards.  

All of them comes with PCIe 5.0 drives of course. Only the ROG Strix B650-A does not carry any PCIe 5.0 x16 slots for peripherals. It is also the only one in the ROG Strix line-up that does not pack an I/O Shield. Then again, only the latest GPUs from NVIDIA are PCIe 5.0 peripherals. All of them support DDR5 memory though. True to their names too, they are all WiFi equipped boards.  

The top-of-the-line ROG Strix B650-A comes with 16+2 teamed power stages with 8+8 ProCool power connectors for even more flexible overclocking on AMD’s Ryzen 7000 processors. It also features a tonne of heatsinks to cool two M.2 slots and its VRM. There are two additional M.2 slots too, on top of the two that are wrapped under heatsinks. To make installation much more convenient, the M.2 drives do not have to be screwed in; they are latched by ASUS’ clever Q-Latch system. There is also a USB FlashBack feature that allows the BIOS to be flashed even without a processor or GPU installed on the system. All you need is a USB drive and power supply. Its audio is also greatly improved with USB-based ALC4080 audio codec alongside a new Savitech SV3H712 amp for better experience when you work with audiophile gears.  

For the Budget Gamers – The TUF Series 

1 TUF GAMING B650M PLUS WIFI 2D2400PNG
Source: ASUS
1 TUF GAMING B650 PLUS 2D
Source: ASUS
1 TUF GAMING B650M PLUS 2D2400PNG
Source: ASUS
1 TUF GAMING B650 PLUS WIFI 2D
Source: ASUS

If you still want something tailored for gaming, but do not want to spend on an ROG, there is the TUF gaming series of motherboards. The B650 motherboards from TUF line-up offers all everything you need to fully take advantage of Ryzen’s 7000 series of processors Zen 4 architecture. You can choose between ATX or micro-ATX options for builds designed for smaller footprints.  

Just because they are value offers for gamers, does not mean that they pack any less performance and features than their ROG cousins. You still get support for DDR5, PCIe 5.0 M.2 slot, and onboard USB 3.2 2×2 Type-C ports for all sorts of stuff. Of course, all TUF boards also come with 2.5GBps ethernet ports for high-bandwidth internet connections and WiFi 6 in case you prefer things to be wireless.  

For the Creators – The ProArt Series 

4 ProArt B650 CREATOR KV
Source: ASUS

The gaming market is not the only hotbed for high-performing computing solutions. The content creator market is still heating up and their appetite for high-performance machines has increased in recent years. They also need high-performing machines that are quiet and svelte when they need to be.  

While contents take time to produce, speed in workflow is key in their projects. That is why having a PCIe 5.0 support on their M.2 slot is important. Plenty of content creator programs are memory hungry too, which also means that high-speed memory is important, you get that from new DDR5 RAM support. While the ProArt series only has PCIe 4.0 x16 slots as standard, it also means that users can fit up to two GPUs to handle all their content creation workflow needs in an x8/x8 confguration.  

Of course, connectivity could be key in a shared worlkflow. You get 10GBps ethernet port as standard on your boards. At the same time, you can work without a dedicated GPU if you choose with a built-in DisplayPort 1.4 output on the board itself. On top of that, you get the versatility of a USB 3.2 Gen 2×2 Type-C port support. 

For the Value Hunters – The Prime Series 

1 Prime B650M A WIFI 2D
Source: ASUS
1 Prime B650M A AX 2D
Source: ASUS
1 Prime B650M A 2D
Source: ASUS
1 Prime B650 Plus 2D
Source: ASUS

If you are just looking for something that does not break the bank but still take advantage of AMD’s latest and greatest, then look no further than the ASUS Prime series motherboards. It gives you the flexibility of using all sorts of budget cases and compat builds with ATX and micro-ATX solutions. It is the perfect daily driver, in ASUS’ books. 

The ASUS prime B650 boards offer up to 2.5GBps networking port, PCIe 5.0 M.2 slot, and DDR5 support across their boards, The boards also packs BIOS FlashBack feature that allows you to reset your BIOS and even update it with nothing more than a USB stick and working power supply. You do not get PCIe 5.0 x16 slots just yet, but you really are not missing out on much at this point of time.  

Pricing and Availability 

There are no mentions yet on their official pricing currently. There is also no promised availability date for the boards at this time, but we are expecting them to be available pretty soon. For more information on the ASUS B650 motherboards made for AMD Ryzen 7000 Zen 4 processors, you can head over to their website.  

PR Newswire

AC Ventures and Boston Consulting Group establish the first quantifiable ESG standards for Indonesia’s tech sector

Leave a comment

AC Ventures partnered with The Upright Project and used its proprietary platform to measure its portfolio’s impact on the environment and society. Overall, the firm and its portfolio delivered a result of +37% compared to the Nasdaq Small Cap Index’s +29%.

JAKARTA, Indonesia, Oct. 5, 2022 /PRNewswire/ — Earlier today, Indonesia-focused, early-stage venture capital firm AC Ventures (ACV) announced that it published the country’s most in-depth, data-driven impact report to date on the local digital economy. In the report titled “Scaling Impact With Technology,” ACV analyzed its own operations, as well as those of its portfolio companies, to offer a numerical baseline for environmental, social, and governance (ESG) reporting in the nation’s tech scene and digital economy.

In partnership with Boston Consulting Group (BCG) and with support from The Upright Project in Europe (Upright), ACV carried out a rigorous analysis to better understand the tangible effects it is having on the environment and society in the archipelago.

Upright is a tech company based in Helsinki, Finland. Its mission is to create incentives for companies to optimize their net impact. It produces data that helps institutional investors and companies make smarter decisions for the future, with ESG reporting in mind. Using Upright’s tech, ACV is the first venture capital firm in Southeast Asia to report on impact using quantifiable measures that meet European standards.

At the heart of the study is a metric known by industry practitioners as the ‘net impact ratio.’ This is a percentage score used to quantify how effectively a group of companies turns resources into positive impact. In the report, it measures how ACV and its portfolio performed in terms of ‘environment,’ ‘health,’ ‘society,’ and ‘knowledge.’

ACV’s overall net impact ratio delivered an above-average +37% with its strongest areas being ‘society’ and ‘health.’ To provide useful context, the Nasdaq Small Cap Index (NQUSS) features an average net impact ratio of +29%.

As a forward-thinking investment company, ACV is committed to diversity and inclusion. Within the firm, 50% of its senior leadership roles are occupied by women. Across the portfolio, this figure comes in at approximately 40%. In the report, ACV also unpacks the net impact of multiple portfolio companies and shares insights about their sectors and why they scored the way they did. 

“The purpose of this debut report is to give ACV, our portfolio companies, and the tech ecosystem in general a baseline for what to report and how to report in terms of ESG and impact,” explained Lauren Blasco, Principle and Head of ESG at ACV. “There is no more important time to do this than right now, as companies are increasingly being held to higher standards around the world. Running these net impact assessments today actually puts the startups we invest in on the best footing possible for the future when this kind of reporting inevitably becomes more of a mandate.”

“The key to creating long-term sustainable companies is through empowering founders to build companies which generate value not only for the economy but for society and the environment. By using net impact ratios, we are now able to measure value creation explicitly for society and the environment. This will be as important as financial metrics in evaluating the performance of new companies and our portfolio companies,” said Adrian Li, Founder and Managing Partner of AC Ventures.

At its core, ESG is a framework for addressing long-term risks that organizations may face in years to come. In the realm of finance and investment, it’s a fast-growing vertical, and global ESG assets are likely to exceed US$41 trillion in 2022 and US$50 trillion by 2025, notes Bloomberg Intelligence.

“Our commitment to finding and catalyzing effective solutions to pressing societal issues is at the heart of our company’s purpose. And we know we can make the greatest impact through collaboration. Through this report with AC Ventures, and with the support from The Upright Project, we hope to leverage our contribution in supporting Indonesia’s businesses on the road to achieving environmental, sustainability, and governance compliance,” said Neels Steyn, Venture Architect Director for BCG Digital Ventures.

He added, “As a market with one of the fastest growing economies in Southeast Asia, societal issues are no longer the issues of tomorrow for Indonesia, but a current challenge that needs to be addressed. The report showcases how we will be able to see more contribution towards the nation’s sustainable and inclusive economic growth by supporting equal digital access and development in Indonesia.”

To read the report in full, please visit: https://acv.vc/impact-report-2022/ 

About AC Ventures (ACV)

ACV is a leading Southeast Asian venture capital firm investing in early-stage startups focused on Indonesia and ASEAN. The firm’s mission is to partner with and empower entrepreneurs with more than capital. ACV combines operational experience, industry knowledge, deep local networks, and resources to create value for startups. Its vision is to be a generational partner to founders driving positive societal change and economic impact in Indonesia and beyond. The firm is an official signatory of the UN’s Women’s Empowerment Principles, the Invest2Equal program under IFC – the private sector arm of the World Bank Group (8176888Z: US) – and the UN’s Principles for Responsible Investing.

ACV currently has over US$500 million in assets under management, invested across five funds. Since 2012, the firm’s partners have invested in more than 120 technology companies in the region, including some of the most iconic names in the ASEAN digital ecosystem. ACV’s Partners Adrian Li, Michael Soerijadji, Helen Wong, and Pandu Sjahrir lead a team of over 35 professionals with offices in Jakarta and Singapore.

About The Upright Project (Upright)

Upright is a technology company based in Helsinki, Finland. Its mission is to create incentives for companies to optimize their net impact. Upright produces data on the comprehensive net impact of companies, with the aim of looking both at the negative as well as the positive impacts at the same time and enabling smarter decision-making for institutional investors, consumers, and employees. In addition, Upright’s data offering covers the SFDR PAI indicators, EU taxonomy metrics, and UN SDG metrics for unlisted and listed companies. The Upright platform’s data universe is 14,000+ companies, and the clients include 200+ organizations in 15 countries (e.g. EQT, Trill Impact, Lightrock, LGT Capital Partners, Summa Equity, Nordea, etc).

About Boston Consulting Group (BCG)

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.