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Huawei Cloud: Infrastructure of Choice for AI with 10 Systematic Innovations Unveiled in MWC Barcelona 2024

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BARCELONA, Spain, Feb. 25, 2024 /CNW/ — This year’s Huawei Cloud Summit demonstrates how Huawei Cloud is the infrastructure of choice for AI applications. With the theme of “Accelerate Intelligence with Everything as a Service”, the 500-strong event brought together executives and experts from diverse industries, such as carrier, finance, and Internet. Huawei Cloud presented 10 AI-oriented innovations and extensive industry expertise of Pangu models. The objective is an AI-ready infrastructure tailored to each industry for a faster journey towards intelligence.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, said in her speech: “Huawei Cloud is one of the fastest growing cloud service providers in the world. At Huawei Cloud, we’re all about pushing boundaries and bringing cutting-edge tech to customers around the world. We have launched a series of local cloud Regions in recent years, such as in Ireland, Türkiye, Indonesia, Saudi Arabia, giving customers easy access to the best-performing cloud. With over 120 security certifications worldwide, you can be sure your business and data are safe and sound. But it is not just about the tech. We believe in helping our partners grow alongside us, and this goal is now backed by our GoCloud and GrowCloud programs. And let’s not forget AI – it is reshaping everything, and we’re at the forefront. We’re building a solid cloud foundation for everyone, for every industry, to accelerate intelligence.”

Today’s foundation models redefine production, interaction, service paradigms, and business models for traditional applications. They make AI a new engine for the growth of cloud computing. While the potential is vast, implementing AI in line with business objectives requires systematic innovation. Huawei Cloud CTO Bruno Zhang said that “Huawei Cloud will help you with two strategies. AI for Cloud uses AI and foundation models to elevate your experience. They revolutionize software development, digital content production, and more. Cloud for AI makes AI adoption seamless and efficient. Architectural innovation, AI-native storage, and data-AI convergence empower you to train and use AI like never before.”

At the Summit, Huawei Cloud unveiled ten AI-oriented innovations that make it the cloud infrastructure of choice for AI.

KooVerse: Huawei Cloud has 85 AZs in 30 Regions across over 170 countries and regions. This global cloud infrastructure covering compute, storage, networking, and security pushes latency down to 50 ms.

Distributed QingTian architecture: Foundation models require a 10-fold growth in demand for compute resources every 18 months, far surpassing Moore’s Law. To address this challenge, this architecture evolved from the conventional primary/secondary one. Built on a high-speed interconnect bus (Unified Bus), QingTian surpasses the limitations in compute, storage, and networking for a top-class AI compute backbone with heterogeneous, peer-to-peer, full-mesh computing.

AI compute: Hyperscale and stable, AI Cloud Service supports trillion-parameter model training, and training jobs can run uninterrupted on a cluster over thousands of cards for 30 days, 90% of the time. Service downtime stays within 10 minutes. It provides over 100 Pangu model capability sets and 100 adapted open source large models out of the box.

AI-Native storage: Training models needs mountains of data, and Huawei Cloud handles this demand with a three-pronged approach: EMS memory service stores petabytes of parameters with 220 TB ultra-large bandwidth and ultra-low latency down to the microsecond; SFS Turbo cache service for high throughput and concurrency of tens of millions IOPS enables warm-up of 1 billion data records in just 5 hours, not 100; Object Storage Service (OBS) knowledge lake reduces 30% costs in storing training and inference data.

E2E security: The full lifecycle covers model runtime environments, training data, the models themselves, generated content, and applications. This ensures robust, secure, and compliant models and applications.

GaussDB: This next-generation database features high availability, security, performance, flexibility, and intelligence, as well as simple and smart deployment and migration. Specifically, its enterprise-class distributed architecture ensures high availability thanks to zero intra-city dual-cluster RPO, complete isolation of software and hardware faults, and zero service downtime. For security, it is certified CC EAL4+, the highest level in the industry. For automation, GaussDB enhances database migration, deployment, and migration as the world’s first AI-native database.

Data-AI convergence: The explosion of foundation models means “Data+AI” is now “Data4AI and AI4Data”. Huawei Cloud LakeFormation unifies data lake from multiple lakes or warehouses so one copy of data is shared among multiple data analytics engines and AI engines without data migration. Three collaborative pipelines — DataArts, ModelArts, and CodeArts — then orchestrate and schedule data and AI workflows. They drive online model training and inference with real-time data. The AI4Data engine makes data governance more intelligent, from data integration, development, to quality and asset management.

Media infrastructure: In this AIGC and 3D Internet era, Huawei Cloud has built a media infrastructure of efficiency, experience, and evolution. For efficiency, Huawei Cloud MetaStudio, the content production pipeline that include Workspace and AIGC-based virtual humans, generates content more quickly and better. For experience, Huawei Cloud Live, Low Latency Live, and SparkRTC empower more seamless interactions. For evolution, Huawei Cloud provides AIGC and 3D space services with real-time user interaction. All these combine to boost the business and user experience to the next level.

Landing Zone: Enterprises use and manage resources better on Huawei Cloud thanks to unified account, identity, permissions, network, compliance, and cost management. Now multi-tenancy and collaboration are seamless among personnel, finance, resources, permissions, and security compliance.

Flexible deployment: All mentioned Pangu model capabilities and services can work in public cloud, dedicated cloud, or hybrid cloud. For example, customers can build and run dedicated AI platform and foundation models in their existing data centers using Huawei Cloud Stack, a hybrid cloud solution.

The Mobile World Congress (MWC) 2024 is taking place in Barcelona from February 26 to 29. Huawei Cloud is set to collaborate with customers and partners to present a wide range of engaging topics. Additionally, innovative products and real-world cases covering Pangu models, GaussDB, data-AI convergence, virtual human, and software development will be showcased during the event.

 

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SOURCE HUAWEI CLOUD

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Lichen China Limited Announces $2.8 Million Registered Direct Offering

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XIAMEN, China, Dec. 26, 2024 /PRNewswire/ — Lichen China Limited (Nasdaq: LICN) (“Lichen China” or the “Company”), a dedicated financial and taxation service provider in China today announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 20,000,000 of the Company’s Class A ordinary share, par value $0.00004 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.14 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share.

The aggregate gross proceeds to the Company of this offering are expected to be approximately $2.8 million. The transaction is expected to close on or about December 27, 2024, subject to the satisfaction of customary closing conditions.

Univest Securities, LLC is acting as the sole placement agent.

The registered direct offering is being made pursuant to a shelf registration statement on Form F-3 (File No. 333-277230) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 1, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Univest Securities, LLC at info@univest.us, or by calling +1 (212) 343-8888.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus will be filed by the Company and, upon filing, can be obtained at the SEC’s website at www.sec.gov.

About Lichen China Limited

Lichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its “Lichen” brand. In recognition of the Company’s expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has built up its reputation as a dedicated financial and taxation solution services provider of professional and high-quality services in China. For more information, please visit the Company’s website: https://ir.lichenzx.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

Tian Sun
Phone: +86-0592-5586999
Email: ir@lichenzx.com

View original content:https://www.prnewswire.com/news-releases/lichen-china-limited-announces-2-8-million-registered-direct-offering-302339364.html

SOURCE Lichen China Limited

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Elvis Birthday Celebration tour kicks off at the Miniaci Performing Arts Center January 5th

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This January 8th would have been the King’s Birthday. Gone but never forgotten, his image, music, films and memories live on as a testament to his true effect and influence on his generation and future generations to come. Keeping the memory alive at countless venues throughout the country, Chris MacDonald lovingly shares the magic of the “King of Rock-n-Roll” with his full production tribute Memories of Elvis Rockin Birthday Bash

FORT LAUDERDALE, Fla., Dec. 26, 2024 /PRNewswire-PRWeb/ — Elvis Presley Birthday Celebration Florida Tour kicks off at the Miniaci Performing Arts Center at Nova Southeastern University Davie Campus on January 5th with Chris MacDonald’s Memories of Elvis Rockin Birthday Bash, a multi-media full production tribute celebrating the life and music of the King of Rock-n-Roll.

“Adding to the authenticity of his tribute, Chris has the honor of being the only tribute artist hired by Elvis Presley Enterprises to perform at Graceland’s Heartbreak Hotel.”

This January 8th would have been the King’s Birthday. Gone but never forgotten, his image, music, films and memories live on as a testament to his true effect and influence on his generation and future generations to come. The original American Rock-n-Roll Idol who influenced the Beatles, The Rolling Stones and anyone that has ever picked up a guitar or a microphone since, continues to engage our love affair with his all American story of a shy poor and humble country boy that became the King of Rock-n-Roll. Elvis Presley, recognized by TIME magazine as the “Artist of the 20th Century,” has sold more records than any other artist or group in the history of modern music. Even after death, his image and music continue to be loved and celebrated throughout the world. With the critically acclaimed big screen biopic “Elvis” by director Baz Luhrmann starring Austin Butler as Elvis and Tom Hanks as Colonel Tom Parker, Elvis’s music and charisma are once again in the spotlight for a whole new generation and there’s no sign of the King leaving the building of Rock-n-Roll icon status.

Keeping the memory alive at countless venues throughout the country, Chris MacDonald lovingly shares the magic of the “King of Rock-n-Roll” with his full production tribute Memories of Elvis. Chris’s show is not an overdone impersonation. It is a natural heartfelt tribute to a legendary performer and music icon. With his dynamic production band, Chris MacDonald draws his audience in with the look, sounds, and nuances that made Elvis the King of Rock-n- Roll!

Adding to the authenticity of his tribute, Chris MacDonald has the honor of being the only tribute artist hired by Elvis Presley Enterprises to perform at Graceland’s Heartbreak Hotel. An energetic and experienced entertainer, MacDonald has also starred in the famous “Legends in Concert” stage productions and has performed in Branson, MO, and Las Vegas, NV. Chris has also performed in Concert with Elvis Presley’s original back up group The Jordanaires and D.J. Fontana Elvis original drummer “The Beat Behind The King” at the famous Seminole Hard Rock Live Concert Venue in Hollywood Florida and other venues throughout the country.

With this newly updated production, the show will include costume changes and songs representing the different stages of Elvis’s incredible career including the 1950′s, the Movies, the 1968 Comeback and the 1970′s White Fringe Vegas Concerts. It’s all a part of this fun loving tribute to one of the greatest entertainers of all time.

Get “All shook up” and celebrate the life and music of the King of Rock-n-Roll with Chris MacDonald’s Memories of Elvis Rockin Birthday Bash.

Florida Tour Dates:

January 5, 2025 2pm (Sunday)

Rose and Alfred Miniaci Performing Arts Center

Nova Southeastern University

3100 Ray Ferrero Junior Boulevard,

Davie, FL 33314

Box Office: 954-462-0222

https://www.miniacipac.com/events/detail/chris-macdonalds-memories-of-elvis-rockin-birthday-bash-2025

 

January 16, 2025 7:30 pm (Thursday)

Barbara B Mann Performing Arts Hall

Southwestern State College

13350 FSW Parkway, Fort Myers, FL 33919

Box Office: 800-440-7469 • 239-481-4849

https://www.bbmannpah.com/events/detail/chris-macdonalds-memories-of-elvis-2025-fort-myers

 

January 18, 2025 7:30 pm (Saturday)

Sunrise Theatre

117 S 2nd Street, Fort Pierce, FL 34950

Box office: 772-461-4775

https://www.sunrisetheatre.com/shows/memories-of-elvis-rockin-birthday-bash/

Media Contact

Donna Oz, CME Inc, 1 954341-6005, info@chrismacdonaldselvis.com, https://www.elvispresleystory.com/

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SOURCE CME Inc; CME Inc

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VIVOTEK Wins Double Honors for Its Commitment to Sustainability

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TAIPEI, Dec. 26, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK’s remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.

Pioneering Sustainability with Dual Recognition

“For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives.” said Allen Hsieh, VIVOTEK’s Spokesperson and Director of the Global Marketing Division. “These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development.”

Driving Sustainability through AI Innovation

VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.

Committed to social responsibility, VIVOTEK leads the security industry’s sustainability efforts through its ‘Safety Map’ initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.

In 2024, VIVOTEK will expand its efforts to Hualien’s Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.

Security Sustainability as a Foundation for Social Impact

VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.

Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world’s most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.

To learn more about VIVOTEK’s sustainability initiatives, please refer to the 2023 Sustainability Report.

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SOURCE VIVOTEK Inc.

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