Raven Resources in Talks with Hasbro for Middle East Entertainment Venue Partnership

Dallas, Texas, April 8, 2025 – Raven Resources Corp. is in preliminary talks with Hasbro Inc., through Hasbro licensee and Raven investee, Imagine Hospitality, about a possible collaboration for specific entertainment locations in the Middle East. The discussions are focused on opportunities to incorporate Hasbro's well-known global brands into entertainment, leisure, and family attraction projects throughout the region. With an emphasis on immersive entertainment and brand-focused hospitality, the proposed collaboration seeks to broaden Hasbro's reach into rapidly growing markets while aligning with Raven's overall investment plans. "We see great potential in collaborating with Hasbro to create venues that combine top-tier intellectual properties with engaging experiences," stated Paul Scribner, CEO of Raven Resources Corp. "The Middle East offers a distinct opportunity for brand growth and family entertainment, and we are eager to continue these discussions." Raven Resources is still dedicated to exploring strategic alliances that strengthen its investment portfolio and global entertainment presence. About Raven Resources Corp. Raven Resources Corp. is a diverse investment and asset management firm that focuses on real estate, private credit, structured finance, and strategic equity investments. Raven Resources works with high-growth businesses, hospitality ventures, and entertainment initiatives to generate long-term value by using a disciplined approach to capital allocation. The company's portfolio includes structured financial instruments, land development, and investments in brand-driven entertainment projects. Raven Resources is dedicated to financial stability and innovation and is expanding its reach through strategic alliances, asset acquisitions, and market-driven investment strategies.Media ContactKelly Delp, CCO Raven Resources Corp. Source :Raven Resources Corp. ```

Raven Resources Corp. Abandons Acquisition of Arthur Means Co.

Dallas, Texas Apr 8, 2025  - Raven Resources Corp. has ended discussions regarding the potential acquisition of Arthur Means Co., encompassing Cuero Ranch, Benbow Farms, and All Star Materials, and has decided against proceeding with the deal. Arthur Means Co. and its related entities are involved in extracting natural resources and developing land, supplying quality resources for building infrastructure. While Raven Resources acknowledged the company's sound underlying business, it concluded that the acquisition didn't align with its strategic objectives. "Arthur Means Co. has established a strong presence in its sector," stated Paul Scribner, CEO of Raven Resources Corp. "We value the chance to assess this investment and hope they achieve success going forward." About Raven Resources Corp. Raven Resources Corp. is a diversified investment and asset management firm specializing in real estate, private credit, structured finance, and strategic equity investments. Employing a careful approach to allocating capital, Raven Resources collaborates with rapidly expanding businesses, hospitality ventures, and entertainment projects to foster sustained value creation. The company’s holdings include structured financial instruments, land development projects, and investments in entertainment projects driven by strong brands. Dedicated to financial soundness and innovation, Raven Resources is actively growing its reach through strategic alliances, acquiring assets, and pursuing investment strategies guided by market dynamics.Media ContactRaven Resources Corp. Source :Raven Resources Corp. ```

Raven Resources Corp. Chooses OakStar Bank for Financial Services Partnership

` tags. ` Dallas, Texas, April 8, 2025 – Raven Resources Corp. has chosen OakStar Bank as its financial services partner, underscoring its dedication to financial advancement and increased investment activity. OakStar Bank will be essential in bolstering Raven's funding efforts by offering commercial loans, treasury administration, and specialized banking solutions that are in line with Raven's strategic investment goals for the long run. "Our alliance with OakStar Bank reinforces our financial framework and bolsters our wider investment plan," stated CEO Paul Scribner. "Their proficiency in corporate finance will enable us to carry out important transactions and boost operational effectiveness." Steve Kelly, President of Raven Resources Corp., commented: "OakStar Bank's dedication to commercial banking solutions will give Raven the resources it needs to improve its financial operations. As we grow and explore new investment prospects, their assistance will be invaluable." This selection is consistent with Raven's goal of fostering solid banking connections that promote financial flexibility and expansion. About Raven Resources Corp. Raven Resources Corp. is a diverse investment and asset management firm with a focus on real estate, private credit, structured finance, and strategic equity investments. With a disciplined approach to capital deployment, Raven Resources partners with high-growth businesses, hospitality ventures, and entertainment initiatives to drive long-term value creation. The company's portfolio includes structured financial instruments, land development, and investment in brand-driven entertainment projects. Committed to financial stability and innovation, Raven Resources continues to expand its footprint through strategic partnerships, asset acquisitions, and market-driven investment strategies.Media ContactRaven Resources Corp. Source :Raven Resources Corp. `

Raven Resources Corp. Invests $4 Million in Athene Annuity to Bolster Financial Position

Dallas, Texas – April 8, 2025 – Raven Resources Corp. has invested in a $4 million Athene Performance Elite 10 annuity to bolster its financial footing and asset management approach. The Athene Performance Elite 10 is a fixed-index annuity that offers tax-advantaged growth, protects against market downturns, and provides guaranteed income options, making it an appealing investment for preserving capital and ensuring financial security. "This strategic investment improves Raven's financial stability by adding a secure, long-term asset to our investment portfolio," stated Paul Scribner, CEO of Raven Resources Corp. "By incorporating structured financial instruments like this annuity, we are strengthening our capacity to generate consistent returns while effectively managing risk." This action is consistent with Raven Resources' overall strategy of balancing investments focused on growth with more conservative financial instruments, thereby securing long-term financial health. About Raven Resources Corp. Raven Resources Corp. is a diversified investment and asset management firm specializing in real estate, private credit, structured finance, and strategic equity investments. With a disciplined approach to capital allocation, Raven Resources collaborates with high-growth businesses, hospitality ventures, and entertainment initiatives to create lasting value. The company's portfolio encompasses structured financial instruments, land development, and investments in brand-driven entertainment projects. Dedicated to financial stability and innovation, Raven Resources continues to broaden its reach through strategic alliances, asset acquisitions, and market-oriented investment strategies.Media ContactRaven Resources Corp. Source :Raven Resources Corp. ```

Raven Resources Corp. Buys Raven Ranch for Future Projects and Investments

Dallas, Texas Apr 8, 2025  - Raven Resources Corp. has broadened its investment holdings in real estate, agriculture, and land with the purchase of Raven Ranch, situated in Walnut Shade, Missouri. This acquisition enables Raven to investigate possibilities in development, conservation efforts, and investment strategies, in line with the company’s dedication to the sustained expansion of its land assets. "The addition of Raven Ranch to our holdings is significant, as it allows for adaptable development and strategic planning," stated Paul Scribner, Chief Executive Officer of Raven Resources Corp. About Raven Resources Corp. Raven Resources Corp. is a varied investment and asset management company with a focus on real estate, private lending, structured finance arrangements, and key equity investments. Raven Resources employs a careful method of deploying capital, working alongside rapidly expanding businesses, hospitality projects, and entertainment programs to generate lasting value. The company's holdings encompass structured financial tools, land projects, and investments centered on brand-focused entertainment ventures. Raven Resources is dedicated to both financial soundness and pioneering ideas and is growing its reach through strategic alliances, acquiring assets, and using investment strategies driven by market conditions.Media ContactKelly Delp, CCO Raven Resources Corp. Source :Raven Resources Corp. ```

Discover the Perfect Diamond for Your Love Story with ALUXE

SINGAPORE, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - When it comes to symbolising eternal love, nothing captures the essence better than a diamond. ALUXE, Taiwan’s leading diamond and wedding jewellery brand, now brings its legacy of excellence to Singapore, offering an exquisite collection of certified diamonds at competitive prices.Instant Diamond SelectionFinding the perfect diamond has never been easier with ALUXE’s real-time selection of over 30,000 diamonds. Seamlessly integrated with global suppliers, every diamond is displayed with flawless brilliance details and a 360° high-resolution viewing experience. Customers can choose from a wide range of ready-to-go options or secure pre-orders with guaranteed delivery within two months.Competitive Pricing Without CompromiseALUXE eliminates unnecessary mark-ups by sourcing diamonds directly from the world’s top cutters. As one of Taiwan’s largest diamond importers, ALUXE ensures customers receive the highest quality at the best possible price, making premium diamonds more accessible than ever.Certified Excellence for Complete Peace of MindEvery ALUXE diamond comes with internationally recognised certification. Natural diamonds are graded by GIA, the gold standard in diamond evaluation, while lab-grown diamonds are certified by IGI. Additionally, the exclusive ALUXE Ultimate Diamond Report provides advanced scientific analysis of a diamond’s brilliance, ensuring only the finest stones make it to the collection.Fancy Cuts & Rare Colours for Distinctive EleganceBeyond classic round diamonds, ALUXE offers a stunning selection of fancy-cut and rare coloured diamonds, including pink, yellow, and blue hues, allowing customers to express their unique style.ROSÉ My Love – The Pink Diamond CollectionPink diamonds symbolise passion and rarity. ALUXE’s ROSÉ My Love collection features exquisite lab-grown pink diamonds, making this coveted gem more accessible. Ideal for engagements, anniversaries, or meaningful gifts, these diamonds capture the essence of romance.Lovers Collection – The Blue Diamond Wedding RingsBlue diamonds represent purity and everlasting love. The Lovers Collection showcases these rare gems in elegant wedding bands, complemented by platinum settings and inner sapphire accents, offering a timeless symbol of commitment.With decades of expertise, ALUXE is committed to helping couples find the perfect expression of love through meticulously crafted jewellery. Visit ALUXE in Singapore or explore our collection online to discover diamonds that make every love story shine.Discover more at www.aluxe.com/sg-en/About ALUXEALUXE is the first jewellery brand in Taiwan, embodying the perfect combination of happiness and jewellery. Starting as an online retailer, ALUXE's high-quality products and competitive prices gradually garnered more attention, which led to the opening of its first physical store in 2008 to offer even better products and services to customers around the world. ALUXE is currently present in Taiwan and Hong Kong, with Singapore’s flagship store located at ION Orchard and two other doors at the heartland areas.For more information, visit https://www.aluxe.com/sg-en/ FB: https://www.facebook.com/aluxe.sgIG: https://www.instagram.com/aluxe_sg/ALUXE LOCATIONSION Orchard2 Orchard Turn, ION Orchard #B2-63, Singapore 238801Tel: +65 6015 0798Opening Hours: 10:00 - 21:30JEM50 Jurong Gateway Road, JEM #01-55, Singapore 608549Tel: +65 6992 2589Opening Hours: 11:00 - 21:30Tampines 110 Tampines Central 1, Tampines 1 #01-27 & 28, Singapore 529536Tel: +65 6022 1715Opening Hours: 11:00 - 21:30 Copyright 2025 ACN Newswire via SeaPRwire.com.

Swiss based Inacta Ventures and The Hashgraph AssociationCo-Host Morocco WEB3FEST GITEX Edition

Marrakech, Morocco, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) -  Morocco WEB3FEST GITEX Edition, a global conference series focused on technology and innovation in AI, Blockchain, and sustainability, organized by InactaVentures and co-hosted by The Hashgraph Association, being carried out in Marrakech, Morocco from April 14-16, 2025 is set to bring together the world’s foremost Web3 leaders, innovators, and investors at the intersection of technology, finance, and sustainability. Hosted in Marrakech during GITEX Africa, this premier event serves as a critical bridge linking the vibrant ecosystems of Africa, the Middle East, and Europe.With a strong commitment to advancingdecentralized technologies and sustainable innovation, Morocco WEB3FEST GITEX Edition is poised to drive meaningful dialogue and collaboration among industry pioneers, enterprises, and policymakers.What is the WEB3FESTWEB3FEST is a global conference series focused on technology and innovation in AI, Blockchain and Sustainability. It serves as a vibrant hub where companies across the value chain – from agile startups to international corporations – converge to share ideas, build networks, and shape the future of the industry.Kamal Youssefi - President of The Hashgraph Association noted, “We are honored to be co- hosting the WEB3FEST in Morocco during GITEX Africa given that one of the aims of THA is to empower entrepreneurs, enterprises and governments with the technologies and knowhow needed to foray into Web3 while keepingsustainability at the heart of their endeavors. This is why Hedera network, considered one of the most sustainable in the world, is at the center of our conversations.”Ralf Glabischnig – Founder of Inacta Ventures, added, "Switzerland has always been a hub for Blockchaininnovation, and our Layer 1 technology is solving real-world challenges in developing countries. With Morocco as the perfect gateway to Africa, we are connecting European expertise with Africa’s immense potential for Blockchain adoption."Event Highlights:The Green Block TalksApril 14, 2025Sofitel Marrakech Palais ImperialA high-impact evening bringing together thought leaders and industry experts to discuss the role of AI and Web3 in driving sustainability. Featuring insightful panels, networking opportunities, and meaningful discussions.Featured Speakers:Ian Putter – Head of Blockchain COE, Standard BankTom Rieder – Director Marketplace, The Green BlockAbdelaziz Benyahya – Chief Transformation Officer, AXA MoroccoKamal Youssefi – President of The Board, The Hashgraph AssociationRalf Glabischnig – Founder, Inacta VenturesWEB3 Investor Dinner (Co-hosted by NEO AI)April 15, 2025Private Villa, MarrakechAn exclusive, invitation-only gathering for venture capitalists, fund managers, and private equity professionals.This intimate setting will facilitate high-level discussions on investment opportunities, portfolio strategies, and the evolving digital asset landscape.About the Organizer Inacta VenturesAt the helm of the WEB3 revolution, Inacta Ventures builds ecosystems, ventures, and smart capital strategies.With operations in the thriving Crypto Valley in Switzerland and the Crypto Oasis in the UAE, Inacta empowers over 100 portfolio companies and enterprises to scale groundbreaking WEB3 solutions.About the Co-Host The Hashgraph AssociationThe Hashgraph Association, a Swiss non-profit, drives global adoption of Hedera-powered solutions by funding innovation, training, and venture programs. It promotes economic inclusion and a digital future with a positive ESG impact. https://www.hashgraph.swiss/aboutRegistrationReserve your spot now and join the world’s brightest minds to shape the future of WEB3: Register HereFor more details, visit: web3fest.chContact:Fabio SchlafHead of Ecosystem Development Inacta Ventures & Crypto Oasis fabio.schlaf@inactaventures.com Copyright 2025 ACN Newswire via SeaPRwire.com.

Intelligent Joy Limited Signs MOU with Smart IR and CLS Press to Collaborate on AI-Driven Investor Relations Platform

HONG KONG, Apr 9, 2025 - (ACN Newswire via SeaPRwire.com) -  April 7 2025, Intelligent Group Limited (Nasdaq: INTJ), a Hong Kong based financial public relations company, announces that its wholly owned subsidiary Intelligent Joy Limited (“Intelligent Joy” the “Company”) has entered into a Memorandum of Understanding (“MOU”) with Shanghai CLS Fintech CO., LTD (“CLS Press”), China’s foremost real-time financial news platform, and Smart IR Limited (“Smart IR”). Under the MOU, the three parties will jointly develop and promote the Smart IR Management Platform, a next-generation solution designed to redefine global investor relations management through the integration of artificial intelligence (AI), big data analytics, and cloud computing.The Smart IR Management Platform aims to collaborate with financial PR firms and domestic data analytics companies to create a complete investor relations database. By deploying advanced AI algorithms, the platform analyzes investor behavior patterns, market trends, and sentiment in real time, empowering enterprises to make data-driven decisions and optimize stakeholder engagement.Ms. Wai Lau, Director & Chairlady of the Board of Directors, commented, “The launch of Smart IR is designed to help listed companies stand out in a buyer’s market: It is not merely a tool, but a ‘data-intelligent bridge’ connecting high-quality assets with long-term capital. We believe Smart IR will empower listed companies to craft compelling investment narratives at lower costs and with greater efficiency, ultimately attracting truly aligned long- term partners.”Forward-Looking StatementsThis press release contains forward-looking statements that are based on the management’s current expectations, estimates, and assumptions about future economic conditions, industry performance, company operations, and financial results. These statements are not guarantees of future events or performance and involve a number of risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements due to factors such as changes in economic conditions, market trends, industry developments, and operational factors. There can be no assurance that the expected events or outcomes will occur as anticipated.About Smart IR LimitedSmart IR limited is a technology- and data-driven fintech company committed to advancing financial innovation in Hong Kong, facilitating the commercialization of research achievements, and supporting the global expansion and internationalization of mainland China’s technology-driven enterprises. Its core product, Smart IR, serves as an intelligent communication platform connecting Hong Kong- and U.S.-listed companies (or those planning to list) with investors, particularly institutional investors. By continuously driving fintech advancements, Smart IR delivers smarter and more efficient services to listed companies and investors alike.About Shanghai CLS Fintech CO., LTDShanghai CLS Fintech CO., LTD, supervised and operated by Shanghai United Media Group, is China’s largest financial news group and financial news agency, upholding the journalistic principles of “accuracy, speed, authority, and professionalism”. Its services reach over 150 mainland financial institutions, 5,000+ listed companies, 200 million retail stock investors, and 700 million fund investors, solidifying its role as a critical hub for financial data and market intelligence in China.About Intelligent Group LimitedIntelligent Group Limited has been deeply rooted in Hong Kong for many years and successfully listed on the NASDAQ in March 2024. Intelligent Group Limited is committed to providing high-value public relations services to the financial sector, helping listed companies enhance their brand influence through precise “data + content” driven communications. Through close collaboration with over 100 securities firms and more than 150 financial analysts, the company has focused on driving financial institutions, investors, and businesses with efficient content-driven public relations services. Intelligent Joy operates in Hong Kong, Guangzhou, and Shenzhen, providing top-tier communications services to leading companies in the Hong Kong and U.S. stock markets.For more information, please visit Intelligent Joy’s website: www.intelligentjoy.com.For enquiry, please contact Intelligent Group Limited: Karen DengPhone: (86)13048870338Email: Karen.deng@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com.

MHIEC Completes Refurbishment of Core Facilities of Waste-to-Energy Plant in Miyazaki City

TOKYO, Apr 9, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a part of Mitsubishi Heavy Industries (MHI) Group, has completed refurbishment of the core facilities of Eco Clean Plaza Miyazaki, a waste-to-energy plant in Miyazaki city in southern part of Kyushu. The refurbishment work, which was ordered in 2021, took place over a four-year span from FY2021 through FY2024. The refurbishment, enabling a waste treatment capacity of 579 tonnes per day (tpd), has extended the plant's service life and achieved reduction in CO2 emissions.Eco Clean Plaza Miyazaki encompasses facilities not only for waste incineration but also recycling and final waste management. It treats waste from Miyazaki city as well as nine nearby localities. The incineration facilities were designed and constructed by MHI and completed in October 2005. They incorporate three stoker type incinerators(Note1) each having a waste treatment capacity of 193 tpd, and related facilities. Power generation capacity using waste heat is 11,200 kW.Under the refurbishment work, upgrades have been made to major equipment superannuated after more than 15 years in operation, to achieve stable combustion and operation over the long term. Replacements include equipment involved in combustion, cooling of combustion gas, waste gas treatment, waste heat utilization, ventilation, and ash removal, as well as electrical instrumentation. Plant service life extension work was carried out adopting MHIEC's proprietary new combustion control system. Stable combustion has been realized with a lower air ratio(Note2) than previously.A CO2 reduction rate of 31.86%(Note3) was attained, significantly higher than the original 17.25% target. Factors contributing to the higher rate include: replacement to a feeder and boiler piping that enable higher durability responding to the low air ratio; increased power generation making efficient use of waste steam, achieved by changing to a low-temperature denitration catalyst; and the compound effects of adopting high-efficiency motors, converting to inverter type equipment, and optimization of plant equipment.The refurbishment work was difficult because it had to be undertaken amid continuing waste treatment, and because it coincided with the spread of the coronavirus pandemic. Nevertheless, work proceeded on schedule thanks to the further strengthening of coordination with all relevant counterparts and meticulous care exercised throughout, enabling the project to be successfully completed on time.MHIEC succeeded MHI's environmental protection business in 2008, taking over its accumulated technological development capabilities in environmental protection systems and abundant expertise in the construction, operation, and maintenance of waste management facilities both in Japan and overseas. Based on this robust track record, the company is well positioned to propose comprehensive solutions encompassing all aspects from plant construction to operation and maintenance. Going forward, the Company will continue proactively proposing solutions for extending the service life of existing waste treatment facilities, coping with global warming, and reducing maintenance, management and other lifecycle costs, to contribute to realization of a carbon neutral society.1A stoker furnace is the main type of waste-to-energy plant. Air is supplied from below a fire grate made of heat-resistant castings to propel the materials to be burned (waste, etc.).2Air ratio is calculated by dividing the real volume of air fed into the incinerator by the theoretical minimal amount of air necessary for waste combustion.3CO2 reduction rate based on the Ministry of the Environment's published material.Overview of Eco Clean Plaza Miyazaki Incineration PlantTreatment capacity579 tonnes per day (193 tpd x 3 units)Treatment methodIncineration (stoker type)Power generation capacity11,200 kWAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.

NEC Face Recognition Ranks First in NIST Accuracy Testing

TOKYO, Apr 9, 2025 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) today announced that its face recognition technology was ranked the world’s most accurate in the most recent benchmark test (1) conducted by the globally recognized U.S. National Institute of Standards and Technology (NIST) (2).The latest Face Recognition Technology Evaluation (FRTE) 1:N Identification report indicates that NEC’s system received the highest performance rating, with an authentication error rate of 0.07%, in the "1:N Identification" test (3) using still images of 12 million people. In addition, it also ranked first in two aging tests using images taken more than 10 and 12 years ago (4), and was ranked in the top two in all eight major FRTE 1:N Identification categories listed on the NIST website.The NIST-sponsored benchmark test for face recognition technology is a thorough and fair process in which the NIST impartially evaluates programs developed and submitted by each organization under identical conditions. It is widely considered to be one of the few tests that allow users who are considering the introduction of face recognition technology to centrally compare the performance of algorithms from various organizations around the world.Since its first participation in 2009, NEC has repeatedly been ranked first in the world in the 1:N authentication test, which requires higher accuracy than any other face recognition technology benchmark test sponsored by the NIST. Particularly, in the aging test, which uses images that are more than 10 years old, equivalent to the expiration date of a passport, NEC has won first place with overwhelming accuracy that is unrivaled by any other organization.Through continuous improvements to its core algorithms, NEC has expanded the scope of application of its face recognition technology to approximately 80 airports around the world, as well as transportation facilities, office buildings, factories, hotels, theme parks, hospitals, apartment buildings, stores, financial institutions, and local governments, and has developed face recognition business in more than 50 countries and regions worldwide. The use of this technology is not limited to access control, but includes a wide range of applications to improve customer experience and security, such as hospitality, monitoring, in-store payments, and procedures at ATMs.In the future, NEC will not only continue to focus on replacing physical identity verification methods and physical security, but will also accelerate the development and provision of solutions that can be adapted to new use cases in an ever-growing digital society.At the Expo 2025 Osaka, Kansai, Japan, which opens on April 13, 2025, NEC will provide a face recognition system for admission control for visitors who have purchased a full-year pass or summer pass, in addition to payments at stores in the venue (5), and will also provide a decentralized identity (DID)/verifiable credentials (VC) face recognition solution "NEC Digital Identity VCs Connect" for "null2," the signature pavilion produced by media artist Yoichi Ochiai (6).The DID/VC solution enables the creation of a "self-sovereign identity," where individuals manage their own information independently, reducing reliance on service providers and cloud vendors for digital data management. This will enable individuals to use digital services with greater peace of mind than ever before.NEC is thoroughly committed to following the NEC Group AI and Human Rights Principles (7) in its use of AI, biometric data, and other data, placing the highest priority on privacy and respect for human rights.NEC offers end-to-end digital transformation (DX) services, from strategy and concept consulting to implementation-focused offerings, based on the three pillars of business models, technology, and organization/talent. Additionally, in its shift from a traditional systems integrator to a "Value Driver," NEC restructured its value creation model under the name "NEC BluStellar"(8), which leverages NEC's cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise, aiming to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future.(1) An evaluation of the accuracy of identification algorithms using a large dataset of over 10 million people. This global benchmark test involves top vendors from all over the world. www.nist.gov/programs-projects/face-recognition-vendor-test-frvt-ongoingResults shown from NIST do not constitute an endorsement of any particular system, product, service, or company by NIST.(2) NIST is a U.S. government agency established to strengthen technological innovation and industrial competitiveness.(3) The test involves identifying a user by comparing the face information on the authentication device with the face information of multiple people enrolled in a database.(4) As of March 18, 2025. The error rate is measured against a database for law enforcement agencies (called "Mugshot") with 12 million individuals enrolled and represents the false negative rate when the false positive rate is 0.3%. NEC’s algorithm also received the highest accuracy rating in three other tests, including a test that matched images taken more than 10 years ago with current images (the immigration database "Border 10+YRS"). Source: Face Recognition Technology Evaluation (FRTE) (NISTIR 8271 DRAFT SUPPLEMENT, 2025/03/18)(5) Press Release: "NEC Introduces Face Recognition System for Stores and Admissions at Expo 2025 Osaka, Kansai, Japan"www.nec.com/en/press/202405/global_20240523_02.html(6) Press Release: "NEC provides technical support for the "null2" Signature Pavilion at World Expo 2025"www.nec.com/en/press/202412/global_20241225_01.html(7) Press Release: "NEC Group AI and Human Rights Principles"www.nec.com/en/press/201904/global_20190402_01.html(8) NEC BluStellar is a value creation model that leverages NEC’s cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise. It aims to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com.  Copyright 2025 JCN Newswire via SeaPRwire.com.

Sonofai revolutionizes frozen tuna inspection with new device incorporating Fujitsu AI tech

Kawasaki and Shizuoka, Japan, Apr 9, 2025 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited and Sonofai Inc., Ishida Tec Co., Ltd., and Tokai University today announced the launch of an automated inspection device that determines the fat content of frozen albacore tuna in a non-destructive manner. The device, which deploys Fujitsu’s AI technology, is being launched by Sonofai Inc., a Japanese startup dedicated to preserving artisanal techniques through digital innovation. Ishida Tec Co., Ltd., a manufacturer of food processing equipment, and Tokai University, which is driving innovation in the food processing industry also contributed to the collaboration. Sonofai will launch the newly developed inspection device SONOFAI T-01 in June 2025, initially targeting the seafood processing industry and fisheries cooperatives in Japan, before expanding globally. This effort comes against the backdrop of a sustained increase in demand for high-quality tuna around the world, with the Japan Fisheries Research and Education Agency noting a 25% rise in the last 20 years (1).The SONOFAI T-01 leverages Fujitsu's ultrasound analysis AI technology, a core engine of the Fujitsu Kozuchi AI service, and is the first device of its kind that can determine the fat content of frozen tuna in a non-destructive manner. This enables automated, highly accurate fat content assessment without the need for human visual inspection. Conventional methods of assessment rely on skilled workers visually inspecting thawed cross-sections of the tail, which is a labor-intensive, time-consuming process, and prone to inconsistencies due to variations in individual judgment and a shortage of skilled personnel.The device allows for a complete inspection of the tuna in 12 seconds and can be operated by one person, offering potential labor and operational efficiency savings of up to 80%. By enabling rapid screening of large quantities of frozen tuna, the device reduces the burden on skilled workers, significantly improves the efficiency of the selection process, and contributes to reducing costs and addressing labor shortages. It also allows for greater accuracy and reduces the opportunity cost of mislabeling the high-value, fatty "bintoro" portions of the fish.The device was trialed at Toyo Reizo Co., Ltd. in 2024, Kato Tokuhiro, Executive Officer comments:“Tuna, gathered from fishing grounds around the world over approximately a year by deep-sea longline fishing vessels, is landed, sorted, and distributed nationwide at Shimizu Port in Shizuoka Prefecture. Each day, skilled professionals assess the quality of over 1,000 tuna, sorting them within seconds while maintaining their frozen state, before transporting them to ultra-low-temperature storage facilities (below -50°C). Before shipment, the tail-cut grading process is conducted by expert assessors, who examine the cross-section of the tuna’s tail to determine its quality. Based on this assessment, the tuna is shipped to respective customers. The newly developed technology is a groundbreaking innovation that enables precise assessment of internal fat content during the tail-cut grading process, addressing existing challenges in the industry. Looking ahead, we will continue to engage in initiatives that involve regional collaboration, industry-academia partnerships, and startups, striving to solve challenges in the fisheries industry through innovation.”Fujitsu and Tokai University, which is known for its research into tuna flavor, began the joint research project in April 2022 to develop ultrasound analysis AI technology. In December 2023, validation tests on albacore tuna demonstrated that the AI technology could determine fat content with a higher accuracy rate than tail-cut selection. To commercialize this research, Ishida Tec developed automated inspection equipment optimized for ultrasound analysis AI, and Sonofai incorporated the ultrasound analysis AI technology licensed and technically supported by Fujitsu into the SONOFAI T-01 device.Sonofai plans to add a range of functions, including the ability to determine freshness, firmness, etc., and expand the range of compatible fish species. In the future, the company aims to contribute to the management of aquatic resources by enabling the device to measure body length and weight for all inspected fish. Furthermore, by utilizing the device within Ishida Tec's planned system for sorting and evaluating the quality of frozen skipjack tuna immediately after landing, it will be possible to perform instantaneous quality-based sorting at large fishing ports, contributing to significant labor savings and increased added value.The device was developed with a subsidy from the Marine Open Innovation Project (MaOI Project) which is being promoted by Shizuoka Prefecture.Yasutomo Suzuki, Governor of Shizuoka comments:"The fishing industry is a cornerstone of Shizuoka Prefecture’s economy, and its enduring health is paramount. This device offers the potential to revitalize the industry by supporting the discovery of previously overlooked high-quality tuna and enabling the development of valuable marine products. In addition, automating the selection process will reduce the burden of securing personnel and contribute to the sustainability fisheries. Shizuoka Prefecture will continue to work with businesses to create and share new value on a global scale."(1) Source: Japan Fisheries Research and Education Agency report (Japanese Only)About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$28 billion) for the fiscal year ended March 31, 2023 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About Sonofai Inc.Sonofai Inc. is a startup based in Shizuoka, Japan, dedicated to preserving traditional craftsmanship through the power of digital innovation. The company specializes in non-destructive inspection systems powered by ultrasonic AI analysis, providing advanced solutions for the food processing, fisheries, and agriculture industries. By combining hardware and software expertise, Sonofai delivers cutting-edge technology from regional Japan to the global stage, contributing to more sustainable and efficient production systems. Learn more: www.sonofai.co.jpAbout Ishida Tec Co., Ltd.Ishida Tec Co., Ltd., headquartered in Yaizu, Shizuoka, is a custom equipment manufacturer specializing in automation solutions for the food and pharmaceutical industries. Since its founding in 1948, the company has been dedicated to designing and building robust, precise, and user-friendly machinery that addresses challenges on the production floor. Leveraging cutting-edge technologies including AI and ultrasonic inspection, Ishida Tec drives innovation in manufacturing processes and supports sustainability across the value chain. Learn more: www.ishida-tec.co.jpAbout Tokai UniversityTokai University was founded in 1942. With an educational philosophy of "integrating the arts and sciences," Tokai University aims to nurture talented individuals with broad perspectives and flexible imagination, without focusing too much on knowledge. Learn more: https://www.u-tokai.ac.jp/Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiriesSonofai Inc.E-mail: contact@sonofai.co.jpIshida Tec Co., Ltd.Phone: 054-628-6161E-mail: info@ishida-tec.co.jpTokai UniversityKeiichi Goto, Department of Marine Science, School of Marine Science and TechnologyPhone: 054-337-0144E-mail: kgoto@tokai.ac.jp Copyright 2025 JCN Newswire via SeaPRwire.com.

ZENMEV Launches New MEV-Based Staking Model amid Global Market Shakeup

New York, NY – April 09, 2025 – (SeaPRwire) – In response to heightened market volatility and investor uncertainty, ZENMEV has introduced a new staking model leveraging Maximal Extractable Value (MEV) to offer structurally resilient returns. A New Frontier in Long-Term Investment Strategies Based on MEV Global stock markets have recently experienced significant downturns due to tariff issues and fluctuating interest rates, causing widespread investor anxiety over plummeting asset values. Financial experts suggest avoiding panic-driven, short-term selling and instead recommend stable long-term investment strategies resilient to market volatility. One alternative gaining institutional attention is staking based on Maximal Extractable Value (MEV), with the ZENMEV platform emerging as a leading player. Unlike traditional major exchanges or regular staking services, ZENMEV returns the structural profits generated from blockchain mechanisms directly to ordinary users, quickly becoming a prominent choice. Market Volatility and Emergence of Staking Alternatives According to recent economic reports, growing recession fears and geopolitical risks have weakened trust in traditional stock markets. Historically, investors have gravitated toward safer assets like gold or bonds in such environments, but cryptocurrencies have recently emerged as alternative investments. However, their significant volatility remains a psychological hurdle during bear markets. In these circumstances, staking has been increasingly popular as a more stable income strategy. Users lock assets for a certain period to help validate network transactions and earn rewards in the form of block rewards or transaction fees. Notable examples include Ethereum (since transitioning to Proof of Stake), Cosmos (ATOM), and Tezos (XTZ), all providing annual fixed interest rates. Staking helps minimize impulsive short-term trading decisions, allowing investors to accumulate assets steadily. However, typical staking models rely solely on block rewards, limiting their profitability. Achieving satisfying returns can be challenging without significant market growth. To address this limitation, staking strategies utilizing MEV have emerged prominently, with ZENMEV leading the way. Understanding ZENMEV Redefining the MEV EcosystemMEV refers to profits generated by blockchain validators who rearrange or insert transactions within a block to extract additional value. Decentralized Finance (DeFi) activities such as large swaps, arbitrage, or collateral liquidations create MEV opportunities. Historically, these opportunities were accessible only to specialized bots, large validators, or miners, attracting criticism as an exclusive insider game. ZENMEV disrupts this exclusivity by transparently distributing MEV gains to everyday users. Users deposit assets like Ethereum (ETH) or Solana (SOL), and ZENMEV’s MEV trading bots, known as Zenbots, analyze on-chain data in real time to identify and execute MEV opportunities within milliseconds. For example, if a large buy order appears on a decentralized exchange, ZENMEV strategically purchases the asset at a lower price immediately before executing the large order, realizing risk-free profits from the subsequent price increase. These profits are instantly and transparently distributed to stakeholders through ZENMEV’s smart contracts. Users simply deposit assets and automatically share in the structural profits derived from blockchain mechanisms. This added value distinguishes ZENMEV from conventional staking, which relies only on block rewards. Stable Returns in Bear Markets through Market-Neutral Strategies Bear markets usually lead to reduced asset prices and declining trading volumes in cryptocurrency markets. However, ZENMEV remains attractive as MEV profits derive from volatility and trading activities rather than asset price direction. For instance, front-running strategies capture profits by quickly executing transactions before large orders that push prices upward, independent of overall market trends. Provided meaningful trading volumes or volatility persist, MEV opportunities remain present even during downturns. Research suggests MEV opportunities continue to emerge unless markets become completely stagnant. Thus, MEV’s market-neutral strategy offers relative stability during bear markets, occasionally surpassing typical validator rewards. This structural advantage underscores ZENMEV’s growing appeal in challenging market conditions. Core Strength: Advanced Zenbot Algorithms and Mempool Scanning ZENMEV’s robust performance relies heavily on sophisticated algorithms and mempool scanning technologies. The platform efficiently processes thousands of transactions per second using deep learning models, enabling Zenbots to accurately identify and swiftly execute profitable opportunities such as liquidity pools, significant swaps, and rapid token price fluctuations. These AI-driven bots prioritize transactions strategically to maximize profit, ensuring competitive execution within blockchain networks. Rapid Multichain Expansion and Strategic Global VC Investment Though MEV discussions commonly focus on Ethereum and BNB chains, ZENMEV also seeks opportunities across networks like Solana and Cosmos. By customizing strategies to each blockchain’s unique characteristics, ZENMEV allows users seamless access to diversified MEV opportunities from multiple chains through a single platform. ZENMEV recently attracted strategic investments totaling approximately $140 million from prominent Web3 venture capitalists. These funds will accelerate global market expansion, enhance AI-driven MEV detection models, and further strengthen ZENMEV’s competitive position. The company is actively expanding into North America, Europe, and Asia, solidifying its global footprint. Combining Node Rewards with MEV Profits ZENMEV’s staking model uniquely combines basic validator rewards with additional MEV-generated income. Users who participate as validators typically receive standard block rewards but also benefit from additional profits derived from MEV strategies, significantly enhancing overall annual returns. The platform simplifies this process by automatically identifying and capitalizing on MEV opportunities, requiring no specialized technical knowledge from users. Participants simply stake assets as usual and benefit from structurally enhanced returns, making sophisticated MEV strategies broadly accessible. Mental Stability and Long-term Investment Approach in Bear Markets During bear markets, investor psychology often drives premature selling due to fear of further losses. ZENMEV’s staking model mitigates these emotional decisions by offering consistent returns from MEV strategies, encouraging investors to maintain a long-term perspective despite short-term volatility. ZENMEV’s continuous, AI-driven monitoring of blockchain activities eliminates the need for users to track news and market movements manually. By capturing fleeting profitable transactions automatically, ZENMEV safeguards asset values and bolsters investor confidence even during downturns. Conclusion and Outlook ZENMEV staking emerges as a uniquely robust investment alternative amid current market uncertainties, effectively harnessing blockchain inefficiencies to generate consistent returns. By democratizing previously inaccessible MEV strategies and automating the process with advanced AI technology, ZENMEV significantly enhances traditional staking models. With multi-chain capabilities, cutting-edge AI integration, and recent strategic funding, ZENMEV’s growth potential appears substantial. As market-neutral and volatility-responsive strategies gain prominence, platforms like ZENMEV could significantly shape the future landscape of decentralized finance. For detailed information, visit ZENMEV’s official website or explore technical documentation. Social Links CoinMarketCap: https://coinmarketcap.com/community/profile/zenmev/ LinkedIn: https://www.linkedin.com/company/zenmev/ X: https://x.com/zenmev Telegram: https://t.me/ZENMEV_Channel Medium: https://medium.com/@zenmev Media contact Brand: ZENMEV Contact: Media team Email: support@zenmev.com Website: https://zenmev.com/

NEC Orchestrating Future Fund invests in Rescale, Inc., provider of a leading digital engineering platform for cloud high-performance computing (HPC)

TOKYO, Apr 8, 2025 - (JCN Newswire via SeaPRwire.com) - NEC Orchestrating Future Fund*, an ecosystem-based corporate venture capital (CVC) fund, has invested in new windowRescale, Inc. (Rescale), a San Francisco-based technology company that provides cloud high performance computing (HPC).BackgroundIn response to greater demand for new innovative products, enterprises are increasing their investments in technologies that expedite time to market. High-performance computing has grown to a PDF$50 billion market, simulation software a new window$20 billion market, and product lifecycle data management a new window$30 billion market. With the growing adoption of these solutions in the enterprise, teams are challenged to integrate the increasingly complex stack of software, hardware, and data systems into a unified control plane and user experience. Further, applied AI solutions are advancing rapidly, but most organizations lack a cohesive platform to embed these capabilities into the analysis, modeling, and simulation workflows for physics, chemistry, and biology. Rescale offers a comprehensive platform for integrating compute, data, and AI capabilities into a seamless experience, enabling organizations to focus on innovation and discovery.Opportunities for NECNEC has a proven history of providing computing platforms in Japan and Europe, such as the LX-neo, CPU/GPU solutions, and the SX-Aurora TSUBASA vector processor, to meet the various needs of customers. However, additional services, such as simulation software offerings and the optimization of energy efficiency, are required to enhance these advanced computing solutions.With the investment in Rescale, NEC plans to provide Rescale cloud services as one of its optimization solutions to meet customer needs. In addition, NEC and Rescale have started discussions to collaborate in the proposal of hybrid services featuring both on-premises and cloud options.About Rescale's solutions1. Cloud HPCRescale offers a flexible environment to meet customers’ needs, such as increasing or decreasing computing resources and selecting a software environment. Rescale’s Compute Recommendation Engine dynamically tailors compute resources to each job―analyzing the simulation type, dataset size, sensitivity to speed versus cost, and more. Organizations can also choose a data center in Japan, North America, Europe, etc., so that their operation can securely take advantage of the best global hardware resources, while also providing the option to only operate within Japan. Rescale’s platform has been certified to the highest level of security standards, meeting the requirements for highly confidential and proprietary R&D activities with sensitive data. A unified HPC stack gives engineering teams everything they need to scale compute. The fully consumption-based system with zero initial cost makes it easy to use HPC computation resources without significant upfront capital expenditures.2. Intelligent dataRescale’s data platform turns raw simulation results into structured knowledge, providing a digital thread across the product development cycle. This helps teams organize, label, and structure results, making it easier to extract insights and apply them to future projects. Teams can tag and group files, apply retention policies, and manage access at the individual user level―while integrating with tools like PLM, SPDM, and internal APIs, so data stays unified across systems and workflows.3. Applied AIRescale unlocks a new frontier in AI modeling and simulation. With AI Physics, engineers can train models that simulate the physical world, delivering predictions up to new window1,000 times faster than traditional methods. Instead of running thousands of simulations over weeks, teams can train an AI model on existing simulation data, and predict performance across countless scenarios in seconds. Confirmatory simulations can efficiently be run to ground the AI models and ensure a high level of accuracy for final verification and certification. Teams are able to build an AI digital twin, capturing the engineering intelligence of their organization."The NEC Orchestrating Future Fund invests in startups that are pioneering new markets with cutting-edge technologies and innovative business models," said Shigeki Wada, Corporate SVP, NEC Corporation. "The advanced technological capabilities and flexible cloud-based services provided by Rescale enable value creation across a wide range of fields, from research and development to industrial applications, which is in line with NEC's vision of creating flexible, resilient and sustainable societies. Together with Rescale, we will accelerate our efforts to create new social value.""Today’s most important breakthroughs depend on how fast engineering teams can move from idea to insight," said Joris Poort, Founder and CEO, Rescale, Inc. "Unfortunately, most teams are still stuck using infrastructure that wasn’t designed for the scale, complexity, or speed of modern R&D. Rescale gives every engineer and scientist access to the compute, data, and AI tools they need to accelerate innovation―empowering the next generation of breakthroughs and continuing Japan’s legacy of engineering precision and technological leadership."(*)NEC Orchestrating Future FundAn ecosystem-type corporate venture capital fund in which multiple companies that share NEC's vision of the future of society, "NEC 2030VISION," participate.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com.

SITA and NEC Collaborate to Drive Global Adoption of Digital Identities in Travel

GENEVA and TOKYO, Apr 8, 2025 - (JCN Newswire via SeaPRwire.com) - SITA, the global leader in air transport technology and border management, and NEC Corporation (NEC), a global leader in biometric authentication technologies, have signed an agreement to accelerate the adoption of digital identity technology in the travel industry.Through this collaboration, NEC joins SITA’s Digital Travel Ecosystem, an open, interoperable framework that connects various systems for real-time digital identity verification. Developed in partnership with Indicio, SITA’s ecosystem eliminates the need for direct integrations between issuers and verifiers, simplifying adoption for airports, airlines and governments.At the core of the ecosystem is the Trust Network, which governs how digital credentials are shared securely around the world. Built with a privacy-by-design approach, it gives travelers control over their data, including when and with whom they share their credentials. Strong emphasis on data security and privacy means that personal information remains protected and in the hands of the traveler.With 28% of airlines and 43% of airports planning to implement biometric identity management solutions in the next 12 months (SITA Air Transport IT Insights 2024), demand for interoperable systems is growing. A lack of standardization has slowed widespread adoption, but the SITA-NEC collaboration addresses this challenge through a scalable framework for secure identity exchange."After years of investment, aviation and other travel stakeholders are now seeing the full potential of digital identities, and the industry is gearing up to scale," said Jeremy Springall, Senior Vice President of Borders at SITA. "With NEC’s biometric expertise and SITA’s industry-leading footprint of biometric touchpoints around the world, we’re well-positioned to accelerate the transformation of Digital Travel worldwide.""NEC brings more than 125 years of innovation and a global track record in trusted identity technologies," said Nanaumi Nagamine, Senior Director of the DID Department at NEC. "With SITA, we’ve delivered proven biometric solutions at airports around the world, creating secure and seamless travel experiences for thousands of passengers every day. This expanded collaboration will accelerate global adoption and set a new standard for trusted digital identity in travel."By addressing longstanding interoperability challenges, the SITA and NEC collaboration will increase the adoption of digital identities by passengers, helping the industry reduce bottlenecks, improve security, and enhance the passenger experience at every touchpoint.SITA photos available here: www.sita.aero/pressroom/image-gallery  and videos and infographics here: www.sita.aero/pressroom About SITASITA is the air transport industry's IT provider, delivering solutions for airlines, airports, aircraft and governments. Our technology powers more seamless, safe, secure and sustainable air travel.With around 2,500 customers, SITA’s solutions drive operational efficiencies at more than 1,000 airports while delivering the promise of the connected aircraft to customers of over 18,000 aircraft globally. SITA also provides technology solutions that help more than 70 governments strike the balance of secure borders and seamless travel. Its communications network connects every corner of the globe, and SITA bridges 45% of the air transport community’s data exchange.In 2023, the Science Based Targets initiative (SBTi) approved SITA’s near-term and long-term emission reduction targets. These science-based targets are pivotal in guiding the company’s climate actions to curtail greenhouse gas emissions effectively. SITA is also developing solutions to help the aviation industry meet its carbon reduction objectives, including reduced fuel burn and greater operational efficiencies.In 2024, SITA acquired Materna IPS, leader in passenger handling, to create the world’s most powerful passenger portfolio for airports and digital travel. SITA then acquired ASISTIM, to offer a fully-fledged airline flight Operations Control Center managed service. The company also launched SmartSea to give the maritime industry access to the same advanced technology that is transforming air travel. The launch comes as part of SITA’s expansion into cruise and rail, as well Urban Air Mobility, such as Vertiports.SITA is 100% owned by the industry and driven by its needs. It is one of the most internationally diverse companies, providing services in over 200 countries and territories.Go to www.sita.aero  for more information.About NECNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.Further information on NEC can be found at: www.nec.com  Copyright 2025 JCN Newswire via SeaPRwire.com.

ForexVIM Showcases at Limassol Event, Offering Traders New Edge in XAU/USD Market

DUBAI, Apr 9, 2025 - (ACN Newswire via SeaPRwire.com) - Last week, ForexVIM was officially showcased, drawing interest with its AI-driven approach to pattern recognition in the gold market. Gold trading thrives on understanding patterns and seizing the right moment. ForexVIM enters this arena as an AI-powered tool crafted to spot those patterns, helping traders make sharper, more timely decisions with confidence.The Power of Pattern Recognition in TradingCandlestick charts have long been a go-to for understanding market sentiment, but identifying and interpreting them manually can be time-consuming and prone to oversight. ForexVIM steps in with automated pattern recognition, scanning vast amounts of market data to highlight trade signals that might otherwise be missed. It’s a way to reduce guesswork and sharpen timing.How ForexVIM Enhances Gold TradingBuilt specifically for the gold market (XAU/USD), ForexVIM processes historical and real-time data to detect meaningful trends and emerging setups. Its goal is to help traders align entries and exits with the flow of the market, offering structure in an asset known for volatility.Key Features of ForexVIM- Market Trend Scanning: ForexVIM uses price action and built-in indicators to stay on top of market shifts and trend formations.- Candlestick Pattern Recognition: It identifies formations like Doji patterns, which often signal potential reversals, offering traders extra context to time decisions more effectively.- Integrated Risk Tools: Every trade includes pre-set Stop Loss and Take Profit levels. The system also incorporates a light martingale approach to manage losing positions in a controlled, incremental way.These tools aim to bring together precision and practicality, supporting traders without overcomplicating the process.Where AI Fits InAI plays a core role in ForexVIM’s architecture, not just in speed but in pattern detection and data analysis. Rather than replacing human decision-making, it enhances it, offering another layer of insight that can help traders feel more confident in fast-moving markets.Simple to Use, Backed by SupportForexVIM is designed with accessibility in mind, making it easy to set up and operate for both experienced and beginner traders. A clean interface and responsive customer support round out the experience, making the platform approachable from day one.ForexVIM brings together automated pattern recognition, AI-powered analysis, and a risk-aware structure to support gold trading with greater clarity. For traders looking to improve their timing and decision-making, it’s a practical option built on solid foundations.About ForexVIMForexVIM delivers precision-driven trading solutions, combining expert market insights with high-quality tick data optimization for reliable performance. Built by experienced traders and developers, it ensures accuracy, consistency, and innovation in forex trading strategies. Learn more at https://forexvim.com/.Media ContactBrand: ForexVIMContact: Media teamWebsite: https://forexvim.com/  Copyright 2025 ACN Newswire via SeaPRwire.com.

Trump’s Tariffs May Drive Up AI Development Costs

Following President Trump's recent announcement of widespread tariffs on international trade partners, AI company stocks experienced significant losses, suggesting potential negative consequences for the AI sector. Leading AI firms are investing heavily in constructing new data centers for AI model training. Analysts predict that these tariffs will further inflate these already substantial expenses. Chris Miller, author of Chip War, explains that the tariffs will significantly increase the cost of building AI data centers. This is due to the reliance on imported AI servers and other essential equipment like cooling and power infrastructure, which will be subject to tariffs until supply chains are reorganized. While chips imported as standalone products are exempt, most chips are integrated into products like servers before being imported, making them subject to the tariffs. However, analyst Stacy Rasgon offered some reassurance to concerned AI investors, noting that most Nvidia servers are likely to avoid the tariffs due to their assembly in Mexico, which benefits from a free trade agreement exemption. Rasgon, a semiconductor industry analyst at Bernstein Research, calls this a "silver lining." (Nvidia has not commented.) Rasgon believes that there are ways to avoid significant tariffs on AI infrastructure in the U.S., which is essential. Otherwise, the U.S. would become the most expensive place to develop AI infrastructure, which would be detrimental. Lucas Hansen of the Civic AI Security Program, a nonprofit, suggests that increased costs for construction materials, computer parts, cooling infrastructure, and power supplies may incentivize companies to build data centers outside the U.S. Data centers often locate where power is inexpensive, and tariffs could further encourage this trend. Miller warns that the rising costs of data center construction pose a "real risk" of the U.S. falling behind China in the AI race, a key foreign policy objective of the Trump Administration. He emphasizes that building the necessary data center capacity in the U.S. to maintain its lead over China has already been challenging, and these tariffs will make it even more difficult. Miller states that the short-term impact will be significant, while the long-term impact remains unclear, making long-term planning difficult due to the likelihood of fluctuating tariff rates. Rasgon suggests that even if Trump creates exemptions for the data center industry, the macroeconomic effects of the trade war could still negatively impact AI companies. He expresses concern about a potential recession leading to reduced ad spending and less investment in AI. He warns that a collapse in demand for AI and data centers, combined with supply chain disruptions, could follow. Rasgon describes the tariffs as a "grenade" rather than a strategy. Increased data center costs will likely make training AI systems more expensive. However, the cost of using AI is decreasing rapidly, around 40x per year, according to Epoch AI, due to algorithmic efficiencies, hardware improvements, and pricing competition. Therefore, using a given AI model is expected to require significantly less computing power (and money) in the future. Ultimately, researchers believe that even if Trump's tariffs increase the cost of data center components, AI usage is likely to become more affordable over time.

Markets Rebound After Trump’s Tariffs Triggered Sharp Declines

NEW YORK — Global financial markets experienced a slight upswing on Tuesday, partially recovering from the significant losses triggered last week by President Donald Trump's aggressive tariff policies. As of morning trading, the S&P 500 had increased by 3.7%, although it still lags behind its February record by over 14%. The Dow Jones Industrial Average climbed 1,363 points, or 3.6%, by 10:12 a.m. Eastern time, while the Nasdaq composite saw a 4.2% increase. This recovery was observed internationally, with stock indexes in Tokyo rising by 6%, Paris by 3.4%, and Shanghai by 1.6%. Crude oil prices also edged upward after hitting their lowest point since 2021 on Monday. Bitcoin stabilized, climbing back above $79,000 after dipping toward $76,000 the previous day. Analysts attribute the rebound to general market volatility, predicting continued fluctuations in the near term. The primary concern revolves around the duration of Trump's tariffs, which could lead to higher consumer prices and economic deceleration. Prolonged tariffs could trigger a recession, while a swift resolution through negotiation could mitigate the damage. Optimism persists on Wall Street regarding potential negotiations, with Trump stating on Monday that he had discussed "the confines and probability of a great DEAL for both countries" with South Korea's acting president. Trump announced on social media that South Korea's "top TEAM is on a plane heading to the U.S., and things are looking good," and added that the U.S. is in discussions with many other countries seeking agreements. Japanese stocks spearheaded the global market gains following Prime Minister Shigeru Ishiba's appointment of a trade negotiator for U.S. talks, based on an agreement between Ishiba and Trump, according to Japanese officials. Conversely, China has adopted a more confrontational stance, vowing to "fight to the end" and threatening countermeasures in response to Trump's potential increase in tariffs on the country. The market's rebound on Tuesday is not entirely unexpected, as markets rarely move in a single direction. Historically, some of the market's best days have occurred near its worst. For instance, the S&P 500's largest gain since World War II was an 11.6% surge on Oct. 13, 2008, during the Great Recession. At that time, there were fears of a financial system collapse and the S&P 500 was amidst a nearly 57% decline from its late 2007 peak until March 2009. A few weeks later, the index again rose sharply by 10.8%. This volatility underscores the advice of many financial advisors to avoid market timing, selling long-term investments due to short-term anxieties, which risks missing out on significant upswings. Increasingly, Republican figures are voicing concern over the White House's tariff implementation, potentially influencing Trump's strategy. Senator John Kennedy of Louisiana, while supporting Trump's trade goals, expressed worry about the resulting economic instability. Kennedy stated, "We don't know if the medicine will be worse than the disease," and emphasized that "This is President Trump’s economy now.” These comments follow inconsistent statements from Trump on Monday. He indicated openness to negotiations "if we can make a really fair deal and a good deal for the United States," while also suggesting the possibility of both negotiated settlements and permanent tariffs. Trump’s trade policy challenges the globalization trend, which has lowered prices but also moved manufacturing jobs abroad. He aims to revitalize domestic manufacturing, a long-term project, and reduce trade deficits. Health insurers were among the market's top performers after the Centers for Medicare & Medicaid Services announced a larger-than-anticipated increase in Medicare Advantage payments for the coming year. Humana shares rose 12.5%, UnitedHealth climbed 7.8%, and Elevance increased 5.2%. Levi Strauss shares grew by 2.8% after reporting better-than-expected quarterly profits and issuing a positive 2025 forecast, despite the ongoing trade tensions. Treasury yields continued to recover for a second consecutive day. The 10-year Treasury yield increased to 4.24% from 4.15% late Monday, and from 4.01% late Friday. Yields tend to increase alongside expectations for U.S. economic strength and inflation. ___ AP Business Writers Matt Ott and Elaine Kurtenbach contributed. ```

Trump’s Tariffs: Forecasting the Biggest Impacts on Clean Energy

` tags. ```xml On April 2, the Trump Administration announced sweeping tariffs, including a 10% tax on all imported goods and extra taxes on imports from numerous countries. These tariffs caused global markets to fall and are predicted to significantly affect various sectors and industries. Despite President Trump's assertion that tariffs will stimulate domestic production, experts argue that they will actually raise costs for U.S. clean energy companies that rely on foreign supplies and disrupt the global supply chain. Bentley Allan, an associate professor at Johns Hopkins University and co-director of the Net Zero Industrial Policy Lab, stated, "To manufacture batteries, solar panels, and wind turbines in the U.S., we will need parts, components, and materials from other countries. We can't simply begin producing these ourselves quickly enough to meet our climate objectives." Here are some major ways these tariffs could impact clean energy industries. Batteries Grid batteries face tariffs of about 65%, potentially rising above 80% next year. This comes just as the U.S. anticipated major growth in battery storage adoption. In February, the U.S. Energy Information Administration estimated that 18.2 GW of utility-scale battery storage would be added to the U.S. energy grid in 2025. However, most of the required lithium-ion batteries are imported from China; in December 2024, Chinese lithium-ion battery exports to the U.S. reached approximately $1.9 billion. Although global battery prices are decreasing due to oversupply, tariffs are expected to increase costs in the U.S. Electric Vehicle Manufacturing  Recently, many American automakers have tried to increase their electric vehicle production following the Biden Administration's goal of 50% of new car sales being electric by 2030, along with various state-level zero-emission mandates. Trump's tariffs, in addition to existing challenges created by the current administration, risk slowing this progress. The Trump Administration has continued a Biden-era policy of imposing a 100% tariff on electric vehicles made in China, essentially prohibiting their sale in the U.S., even as they become increasingly popular elsewhere. Allan notes that even when vehicles are made in America, many parts are sourced internationally: “Even though we’re building our domestic manufacturing capacities as fast as we possibly can, we still are going to need to be importing, especially upstream materials,” says Allan. “Critical minerals, cathode, ingots and wafers, poly silicon, we’re going to need to import those supplies, and they all just got more expensive.” Solar Power A large portion of U.S. solar equipment comes from Southeast Asia, a region subject to some of the highest tariff rates. Many U.S. developers have been accumulating solar panels in anticipation of these tariffs, and some reports suggest that this excess inventory may soften the tariffs' immediate impact on the industry. However, experts caution that domestic supply may struggle to meet demand, particularly since the U.S. supply chain isn't developed enough to handle it. Allan said "Even if we wanted to build an all in United States battery or solar supply chain, it’s going to take us a long time to accumulate the expertise and the knowledge necessary in order to do that,” says Allan. “By basically creating a shock in the middle of that process, we’re slowing that process down and making it more difficult to complete.” The price of clean energy adoption may rise, but experts also believe that the cost of fossil fuels will also increase. Antonio Bento, a professor of public policy and economics at the University of Southern California, explains that "To the extent that we have tariffs from countries from which we depend on for energy inputs, even if we shift towards fossil fuels, we’re still going to pay the price of the tariffs through those fossil fuels". States like Michigan, Minnesota, and New York rely on Canadian energy, which is now expected to become more expensive due to the 10% tariff. Despite Trump's call to expand drilling, the tariffs are also expected to make drilling more expensive. Michael Mehling, the deputy director at MIT Center for Energy and Environmental Policy Research, says "Just think of steel, aluminum, and other materials that these fossil fuel companies need in large quantities when they’re drilling and transporting fuels and processing fuels. The inflationary effect of tariffs is far more than just an additional cost stacked on imports. It has spillover effects.” ```

Nightclub Roof Collapse in Dominican Republic Leaves At Least 18 Dead

SANTO DOMINGO, Dominican Republic (AP) — Authorities have reported that at least 18 individuals lost their lives, and over 120 sustained injuries when a nightclub roof caved in early Tuesday in the Dominican Republic's capital. According to Juan Manuel Méndez, director of the Center of Emergency Operations, rescue teams are actively searching through the debris at Jet Set in Santo Domingo for any potential survivors. He stated, “We believe that many individuals are still alive, which is why the authorities here will continue their efforts until everyone has been accounted for.” Among the deceased is Nelsy Cruz, the governor of Montecristi. Officials also confirmed that merengue singer Rubby Pérez, who was performing at the time of the collapse, is among the injured. Enrique Paulino, Pérez’s manager, whose shirt was stained with blood, told reporters at the scene that the concert had just begun before midnight, and about an hour later, the roof collapsed, killing the band’s saxophonist. “It all happened so fast. I was able to dive into a corner,” he recounted, adding that his initial reaction was that an earthquake had occurred. President Luis Abinader shared on X that all rescue teams are “working tirelessly” to assist those impacted. “We deeply regret the tragedy at the Jet Set nightclub. We have been monitoring the situation closely from the moment it occurred,” he posted. Abinader visited the site and embraced people searching for their loved ones, some of whom were in tears. He did not address the press. An official used a megaphone outside the club, urging the large crowd gathered to search for friends and family to clear the way for ambulances. “Please cooperate with the authorities,” he requested. “We are working to evacuate people.” At a local hospital where the injured were taken, an official announced the names of the survivors, as a crowd gathered around her, calling out the names of their relatives. The cause of the roof collapse remains unclear. ___ Coto reported from San Juan, Puerto Rico. ```

RFK Jr. Aims to Halt CDC Fluoride Recommendation in Drinking Water

` tags. SALT LAKE CITY — The U.S. Health Secretary stated on Monday his intention to advise the Centers for Disease Control and Prevention (CDC) to cease recommending nationwide community water fluoridation. Kennedy announced the formation of a task force comprising health experts to examine the matter and formulate revised guidelines. Also on Monday, the U.S. Environmental Protection Agency (EPA) announced it is reassessing "new scientific information" regarding potential health hazards linked to fluoride in drinking water. The EPA establishes the maximum permissible fluoride level in public water systems. Kennedy disclosed his plans to The Associated Press following a joint press conference with EPA Administrator Lee Zeldin in Salt Lake City. While Kennedy cannot mandate communities to discontinue fluoridation, he can instruct the CDC to withdraw its recommendation and collaborate with the EPA to adjust the allowed fluoride concentration. Last month, Utah became the first state to prohibit fluoride in public drinking water, overcoming objections from dentists and national health organizations who cautioned that this decision would disproportionately affect low-income individuals who lack access to regular dental care. Republican Gov. Spencer Cox enacted legislation preventing cities and communities from independently deciding whether to add the cavity-preventing mineral to their water. Water systems throughout the state must halt fluoridation operations by May 7. Kennedy lauded Utah for taking the lead in "making America healthy again." He was accompanied by Utah legislative leaders and the bill's sponsor. "I'm very, very proud of this state for being the first state to ban it, and I hope many more will," he stated. Kennedy is in charge of the CDC, whose recommendations are generally followed but not compulsory. State and local governments decide whether to introduce fluoride into water and, if so, in what quantity, provided it remains within the EPA's maximum limit, which is currently 4 milligrams per liter. Zeldin indicated that his agency is initiating a fresh review of scientific studies on the potential health risks of fluoride in drinking water, aiming to inform any modifications to national standards. "Upon completion of this evaluation, we will possess an updated scientific basis to guide the agency's future actions," Zeldin explained. "Secretary Kennedy has been a longtime advocate for this issue. His support was crucial in our decision to reassess fluoride exposure risks, and we are dedicated to collaborating with him, utilizing sound science as we pursue our goal of safeguarding human health and the environment." The CDC reports that fluoride strengthens teeth and reduces cavities by replenishing minerals lost during normal wear. In 1950, federal authorities endorsed water fluoridation for preventing tooth decay, and in 1962, they established guidelines for the appropriate amount to be added to water. Kennedy, a former environmental lawyer, has described fluoride as a "dangerous neurotoxin" linked to arthritis, bone fractures, and thyroid disease. While some studies have suggested these associations, typically at higher-than-recommended fluoride concentrations, some reviewers have questioned the validity of the evidence and argue that no conclusive findings can be drawn. In November, shortly before the presidential election, Kennedy claimed that Donald Trump would move to eliminate fluoride from drinking water on his first day in office. While this did not materialize, Trump subsequently selected Kennedy to head the U.S. Department of Health and Human Services, where he was anticipated to take action on the matter. Meanwhile, some localities have proceeded with deciding whether to continue adding fluoride. Related to this, recent significant staffing reductions across federal agencies included the elimination of the CDC's 20-person Division of Oral Health. This division administered grants to local agencies to improve dental health and, in some instances, promote fluoridation. Researchers indicate that while fluoride can originate from multiple sources, drinking water remains the primary source for Americans. CDC data reveals that nearly two-thirds of the U.S. population receives fluoridated drinking water. The introduction of low levels of fluoride into drinking water has long been regarded as one of the most significant public health achievements of the past century. According to a 2022 CDC analysis, approximately one-third of community water systems—17,000 out of 51,000 across the U.S.—fluoridate their water. The agency currently advises a concentration of 0.7 milligrams of fluoride per liter of water. However, over time, studies have identified potential issues. Excessive fluoride has been associated with streaking or spots on teeth, and links have been found between excess fluoride and brain development. A report released last year by the federal government's National Toxicology Program, summarizing studies conducted in Canada, China, India, Iran, Pakistan, and Mexico, concluded that drinking water with more than 1.5 milligrams of fluoride per liter—more than double the recommended level in the U.S.—was associated with reduced IQ scores in children. The American Dental Association (ADA) asserts that decades of fluoride use in drinking water have demonstrated a reduction in tooth decay. The group has expressed its willingness to assist in conducting rigorous studies to resolve the issue. According to Brett Kessler, president of the ADA, "When government officials such as Secretary Kennedy support misinformation and distrust of peer-reviewed research, it harms public health." Lorna Koci, chairperson of the Utah Oral Health Coalition, expressed hope on Monday that other states would resist the removal of fluoride and that Kennedy's visit to celebrate Utah's ban underscores the political motivations of those advocating for it. "This appears to be less about fluoride and more about power," Koci concluded. ___ Stobbe reported from New York. Associated Press writer Matthew Brown in Billings, Montana, contributed reporting.