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Early Demand Accelerating for Avant Technologies’ Planned High- Density Compute Solutions

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LAS VEGAS, March 5, 2024 /CNW/ — Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), an artificial intelligence technology (AI) company specializing in creating and developing innovative and advanced AI infrastructure solutions, announced today that Avant is experiencing growing demand for its planned high-density compute infrastructure and distributed supercomputing solutions.

In September 2023, Avant announced plans to begin working on the design and production of a faster, more powerful, and more cost-effective compute infrastructure aimed at supporting AI, machine learning and other big data use cases. Last month Avant announced its partnership with the Florida-based technology development firm Wired4Tech to help support “last mile” development and testing of Avant’s new high-density private cloud infrastructure solution. On the heels of that recent announcement, the company shared today that it is seeing strong pre- launch momentum for its new high-density compute solution, which is expected to be available later this year.

Avant’s Vice President of Business Development, Jared Pelski, stated, “The team has been working hard on bringing new technology to market that will address critical issues and growing opportunities in the current data center infrastructure landscape. We’re starting to see that effort and innovation play out on the demand side as we continue to ramp up our pre-launch selling activities. Our qualified pipeline has almost doubled since December and new lead volume for February was up over 500%, month-over-month.”

The global cloud computing market size was valued at $545.8 billion in 2022, and it is projected to reach $1.24 trillion by 20271. Within that broader landscape, private cloud and AI are two of the fastest growing subsegments with rapidly increasing demand for better, more cost-effective, and scalable solutions. These early indicators of demand for Avant’s new high-density compute infrastructure are consistent with commercial growth numbers that have been reported from traditional data centers. A Q3 2023 report by TD Cowen, entitled, “A Tsunami of AI Demand Hits the Data Center Market,” highlighted annualized growth rates in the third-party data center market of more than 80%, and went on to cite a specific example of a large data center whose sales pipeline doubled in size over a 90-day period2.

“We’ve made great progress over the past several months and are encouraged by the growing enthusiasm we’re seeing from the market, but we still have a lot of hard work ahead of us,” said Timothy Lantz, Chief Executive Officer of Avant. “The fact that early interest in our next generation infrastructure is coming from multiple customer segments, including data centers, universities, healthcare, government, construction, and tech is a great indicator of how extensively AI and big data are being woven into the fabric of our economy and our everyday lives. The magnitude of reach and positive impact Avant can make in this space is a huge motivator to our team and inspires us to give our best every day.”

1.  Source: Cloud Computing Market; Markets and Markets; November 2022

2.  Source: A Tsunami of AI Demand Hits the Data Center Market; July 2023

About Avant Technologies, Inc.

Avant Technologies, Inc. is an artificial intelligence technology company specializing in creating and developing innovative and advanced AI infrastructure solutions designed to revolutionize the landscape for AI software development companies and other companies that require immense, scalable computing power, such as scientific simulations, climate modeling, protein folding analysis, and big data processing. The Company also employs its highly sophisticated machine and deep learning AI system, Avant! AITM, to support a more efficient and secure operating environment.

More information about Avant Technologies can be found at https://avanttechnologies.com

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Forward-Looking Statements

Certain statements contained in this press release may constitute “forward-looking statements.” Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date after the date of the press release.

Contact:
Avant Technologies, Inc.
info@avanttechnologies.com
Tel: +1 (702) 509-1747

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Nanyang Polytechnic introduces Singapore’s First Common Programme in Business, IT and Engineering

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  First-of-its-kind in Singapore, it allows learners articulation into diplomas in three Schools. 
 Programme is one of five new NYP options for the 2025 Early Admissions Exercise.

SINGAPORE, May 21, 2025 /PRNewswire/ — For the first time, learners can opt for and enrol in the new Common Business & Technology Programme (CBTP) offered by Nanyang Polytechnic (NYP). Approved by the Ministry of Education, the new programme will be offered for the first time at the upcoming Early Admissions Exercise (EAE) next month.

The CBTP has innovatively structured the first semester so that entrants can articulate to diplomas in three separate NYP Schools: Business Management, IT and Engineering (or BITE).  Learners will take interdisciplinary modules like Applied Business Fundamentals & Communication, Programming, and UX Design in Web Development in the first semester. After a taster of all three disciplines, they can make informed choices and select their preferred diploma in the three Schools to pursue.

“We believe in empowering learners with the choice to shape their own polytechnic journey,” said Mr Russell Chan, Principal and CEO of NYP. “We call it our ‘programme with bite!’ Why? It’s powerful: it gives learners room to explore their interests in three distinctively different disciplines, discover their strengths, and make confident choices about their future.”

“We’re proud to be the first polytechnic in Singapore to offer this cross-school programme, and we’re excited to see how it opens new doors for a new generation of learners.”

Navigating post-secondary education can be challenging for learners who are still unsure about their pathways. This is perhaps why Common Entry Programmes (CEPs) have gained popularity since their introduction in 2017. Today, 30 per cent of the cohort enrolling into Polytechnics choose CEPs to start their polytechnic life. These Programmes allow learners to spend one or two semesters learning fundamental modules before deciding on their specialised diplomas.  

However, all previous CEPs in local polytechnics have been School-based. This means that learners would go on to specialise in their chosen academic School’s disciplines. For example, a learner who enrols in NYP’s Common Engineering Programme would then choose among the School of Engineering’s diplomas, such as Aerospace Engineering, AI & Data Engineering, or Sustainability in Engineering with Business.

NYP’s new Programme becomes the 26th Common Entry Programme to be offered across the five polytechnics in Singapore. It is one of five new options that NYP is offering for learners starting polytechnic next year in AY2026. Applications for all these courses will be open at the upcoming EAE.

The other new courses are:

1.    Diploma in Biomedical Science with Analytics

With data being critical in the decision-making process, particularly for the healthcare sector where time is of essence, the demand for professionals who can bridge science and analytics is ever increasing. The new Diploma in Biomedical Science with Analytics combines biomedical fundamentals with applied data skills, enabling learners to analyse complex biological datasets to support research, diagnostics, and innovation in healthcare.

Beyond equipping learners with skills in diagnostic and clinical research, graduates will also be equipped with practical skills in AI and data analytics, bioinformatics and biomedical research to put them at the forefront of the biomedical industry.

Through partnerships with leading healthcare institutions and research facilities in Singapore, learners will gain hands-on experience working with real-world biological datasets and analytical tools.

2.    Diploma in Cloud Engineering

The cloud engineering industry is estimated to grow more than 14 per cent annually, and be worth US$1,066 billion globally by 2031[1]. With cloud platforms now underpinning everything from e-commerce to entertainment, the demand for cloud engineers continues to surge.

NYP’s new Diploma in Cloud Engineering is the only polytechnic course in Singapore that integrates both hardware and software knowledge and skills, preparing tomorrow’s cloud engineers with the skills to design, build and manage the infrastructure that powers digital transformation across various industries.

Learners will gain hands-on experience through projects and internships with industry leaders in cloud technology like GovTech and Singtel-Nxera, and be equipped with industry-recognised certifications from AI Singapore.

3.    Diploma in Media & Communication Management

In a media landscape driven by digital platforms and rapid content cycles, communicators must be strategic, agile, and tech-savvy. The Diploma in Media & Communication Management will train learners at thinking holistically about strategic communication, craft compelling messages, manage brand narratives, and execute integrated campaigns across multiple channels.

Learners will gain practical experience not just in the aspect of media and communications like content creation, public relations, and communications strategy, but also business management fundamentals, preparing them for dynamic roles in branding, media, corporate communications and beyond. They will be able to put these skills into practice through internships and projects with the likes of Mediacorp, SGAG, and Mothership.

4.    Diploma in Business Management: New Specialisations in AI, Psychology

A McKinsey report in 2025[2] found that while nearly all companies invest in AI, only one per cent consider themselves mature in AI integration – not due to a lack of technology or talent, but a shortfall in strategic leadership and human-centred thinking.

To equip our learners with future-ready skills needed to thrive in the everchanging landscape, NYP’s Diploma in Business Management will offer two new specialisations from academic year 2026 (commencing Apr 2026) – AI & Business Digitalisation and Business Psychology.

The only business diploma in Singapore that allows learners to start specialising from year two, the diploma also boasts the largest number of specialisations – seven – among local polytechnics. Beyond the two new specialisations, learners can choose from existing specialisations like International Business, Human Capital Management, E-Commerce & Retail, Supply Chain & Logistics Management, and Marketing.

More information on all five new course offerings is found in the Annexes.

Enrolment into these new programmes starts in June 2025, through the EAE. For more information, visit NYP’s EAE Festival on campus on 30 and 31 May 2025, or www.nyp.edu.sg/eae

FACT SHEETS

ANNEX A

All of NYP’s new diploma offerings are taught under its unique Professional Competency Model – as its name suggests, it is about ensuring that graduates emerge with skills that address real world needs alongside theoretical knowledge.

This integrated approach means that subjects are not taught in isolation but are combined in practical, real-world scenarios. For instance, when learners work on assignments and projects, they simultaneously apply technical knowledge, data analysis skills, and business communication as they develop solutions and present recommendations.

Through partnerships with industry leaders, learners will undergo curriculum that is co-developed and co-taught by experts in their field. They will also receive industry-recognised co-certificates that put them a step ahead of their peers.

Common Business & Technology Programme (CBTP)

School of Business Management, School of Engineering, School of Information Technology

This new cross-disciplinary common entry programme helps address a common challenge faced by post-secondary learners who are uncertain about their preferred diploma. Many O-Level graduates, while possessing strong academic foundations, often find it challenging to choose between business, engineering, or technology pathways. The CBTP provides these learners with the unique opportunity to experience all three disciplines firsthand, allowing them to make more informed decisions about their academic and career trajectories based on actual experience rather than preconceptions.

Learners who enrol in the CBTP will learn the fundamentals for all three disciplines in their first semester, before selecting one discipline to pursue. Those who choose the business discipline will pursue a Diploma in Business Management, while learners with interest in engineering or technology will be posted to the Common Engineering Programme or the Common ICT Programme respectively. This group of learners will undergo another semester in the common entry programme and take on more domain-specific modules, before deciding on their preferred Engineering or IT diploma to pursue from Year 2.

As part of the programme, learners will also go through a series of education and career guidance (ECG) activities, including school immersion activities, career profiling, and mentorship, to guide them in making confident and informed choices about their learning path.

ANNEX B

Diploma in Biomedical Science with Analytics (DBMSA)

School of Applied Science

With hands-on experience in analysing datasets and leveraging analytical tools, DBMSA learners are skilled in handling both laboratory and analytical work. The programme’s industry-aligned curriculum ensures graduates are ready to contribute in clinical research organisations, pharmaceutical companies, or healthcare technology firms. They will be equipped to support data-driven decision-making in healthcare, contribute to biomedical lab research, and drive innovation in diagnostic technologies.

Graduates of the Diploma programme can sit for the International Medical Laboratory Technician MLT(ASCPi) certification examinations offered by the American Society for Clinical Pathology (ASCP). This internationally recognised qualification is highly valued, being a benchmark of excellence for laboratory professionals across more than 30 nations. Having this certification enhances one’s prospects for both job opportunities and career growth within the healthcare sector.

ANNEX C

Diploma in Cloud Engineering (DCE)

School of Engineering

Cloud engineers are the brains that power the tech behind the likes of Netflix and Spotify. Additionally, businesses and government agencies are also moving operations and data to the cloud for scalability, flexibility, and cost-efficiency, bringing about an increasing need for skilled and versatile individuals.

DCE prepares learners for more than just data centre management. In addition to key domain skillsets in cloud engineering such as cloud architecture, automation and cybersecurity, it also equips them with significant transferrable skills in innovation, sustainability, digitalisation and AI, which aligns with broader digital sustainability efforts in Singapore.

As Singapore continues its Smart Nation journey, DCE graduates will be well-positioned to support various sectors in their cloud adoption and digital transformation efforts, contributing effectively to Singapore’s growing digital economy.

ANNEX D

Diploma in Media & Communication Management (DMCM)

School of Business Management

DMCM equips learners with competencies in the likes of business communication and innovation, business intelligence and data science, digital media communication, on top of hard skills in media design and production. Learners graduate as all-rounders in media, communications and business – opening doors for hybrid roles and multiple pathways for further studies.

Through partnerships with prominent media organisations, the public sector, and businesses, learners can hone their ability to produce compelling content that educates, amuses, and motivates audiences. They also gain hands-on experience through industry-based projects, learn from seasoned professionals during guest sessions, and build valuable connections whilst staying current with emerging media trends.

For example, year one learners can enhance their presentation abilities through workshops with SPH Radio, with the opportunity to work alongside evening radio presenters.

ANNEX E

Diploma in Business Management (DBM)

School of Business Management

The dual specialisation structure in a business management diploma addresses a growing industry need for hybrid talent – professionals who are agile, adaptable, and able to work across disciplines. As the business landscape evolves, graduates will need more than technical knowledge. They will need the ability to think creatively, analyse trends, and understand people.

The new AI & Business Digitalisation specialisation offers learners hands-on learning opportunities with low-code digital tools, empowering them to create business apps and digital solutions with ease. By demystifying technologies like predictive analytics and automation, learners gain the confidence to apply digital strategies in real-world settings – with no technical background required.

In the new Business Psychology specialisation, learners explore areas such as consumer behaviour, user experience (UX), and organisational psychology – skills that are increasingly vital for companies seeking to enhance customer experience and manage workplace change.

[1] Source: Verified Market Research, “Cloud Engineering Market Size And Forecast,”

https://www.verifiedmarketresearch.com/product/cloud-engineering-market/               

[2] Source: McKinsey, “Superagency in the workplace: Empowering people to unlock AI’s full potential,”
https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/superagency-in-the-workplace-empowering-people-to-unlock-ais-full-potential-at-work

 

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SOURCE Nanyang Polytechnic

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MiTAC Computing Powers Next-Gen AI and Cloud Servers at COMPUTEX 2025

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TAIPEI, May 21, 2025 /PRNewswire/ — MiTAC Computing Technology Corporation, a leading server platform designer, manufacturer, and a subsidiary of MiTAC Holdings Corporation (TSE:3706), displays its server-to-data center integration solutions at COMPUTEX 2025 (Booth M1110). In collaboration with Solidigm, a pioneer in enterprise data storage, MiTAC Computing highlights a new level of storage performance tailored for AI, high-performance computing, and enterprise data center environments.

Scaling AI with MiTAC TN85-B8261 and Solidigm D5-P5336 122TB QLC SSD

The MiTAC TN85-B8261 is a 2U dual-socket GPU server built for AI inference workloads, supporting up to four dual-slot GPUs, 24 DDR5-6400 RDIMMs with memory up to 6TB, and 8 NVMe U.2 drives for high-speed performance and serviceability.

With the integration of the Solidigm™ D5-P5336 122TB QLC SSD, the industry’s highest capacity PCIe SSD, TN85-B8261 delivers exceptional read-optimized performance, and significantly improves power and space efficiency, enabling data centers to reduce storage rack space and consume less storage power compared to hybrid HDD and TLC storage arrays. The efficiency gain allows more compute capacity for GPU servers, which is critical for AI data center builds.

Cloud-Optimized Performance with MiTAC R1520G6 and Solidigm D7-PS1010

The MiTAC R1520G6 is a 1U dual-socket server powered by Intel® Xeon® 6700P processors, built for cloud-native and memory-intensive workloads. With support for 10 NVMe U.2 drive bays, it delivers high storage density in a compact footprint.

Paired with the Solidigm™ D7-PS1010—a 15.36TB PCIe 5.0 SSD—the system offers high throughput, low latency, and dependable endurance. Its U.2 15mm form factor and 176L TLC 3D NAND make it ideal for real-time analytics, AI inference, and scalable cloud infrastructure.

Fueling AI-Ready Infrastructure

Whether integrating Intel® Xeon® or AMD EPYC™ processors with advanced accelerators, MiTAC Computing’s server platforms are built to support high-density compute workloads. Solidigm’s enterprise SSDs further elevate system performance by enabling efficient GPU utilization, accelerating AI inference, and supporting high-speed data ingestion—all while maintaining industry-leading performance-per-watt metrics.

Through this strategic collaboration, MiTAC Computing and Solidigm continue to deliver innovative, scalable infrastructure solutions for next-generation AI, high-performance and cloud computing applications.

Visit  MiTAC Computing at COMPUTEX 2025 – Booth M1110
Explore our new launches: https://www.mitaccomputing.com/en/campaign/computex2025

About MiTAC Computing Technology Corporation

MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methods to ensure uncompromising quality not just at the barebone level but more importantly, at the system and rack levels—where true performance and integration matter most. This commitment to quality at every level sets MiTAC Computing apart from others in the industry. The company provides tailored platforms for hyperscale data centers, HPC, and AI applications, guaranteeing optimal performance and scalability.

With a global presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing offers flexible, high-quality solutions designed to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, along with the recent integration of Intel DSG and TYAN server products, MiTAC Computing stands out for its innovation, efficiency, and reliability, empowering businesses to tackle future challenges.

Visit our corporate website: https://www.mitaccomputing.com/

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Binance Pay integrates with Pix, enabling instant crypto-powered payments in Brazilian Reais across Brazil

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Functionality already familiar to 174 million Brazilians increases usability and can boost the adoption of cryptocurrencies in the country, says Regional VP Guilherme Nazar

SÃO PAULO, May 21, 2025 /PRNewswire/ — Binance, the world’s largest cryptocurrency platform by trading volume and number of users, has integrated its payment solution, Binance Pay, with Brazil’s Pix system to enable instant payments in the local currency using cryptocurrencies and transfers to any individual or merchant across Latin America’s largest country.

With the integration, Binance users in Brazil can now make instant transfers and payments directly from their accounts on the Binance exchange to any bank account or pay merchants accepting Pix. The value of the digital asset is instantly converted to Brazilian reais with transactions completed in seconds. Supporting over 100 cryptocurrencies, this launch marks the integration of Binance Pay with Brazil’s widely used national Pix payment network — bringing crypto into everyday life and making it easier for users to spend digital assets in real-world transactions.

Richard Teng, CEO of Binance, says: “Integrating Pix, a remarkable development by the government of Brazil, with Binance Pay marks a revolutionary step forward, combining the speed and accessibility of Brazil’s instant payment system with the global reach and innovation of Binance. This synergy empowers users with seamless, real-time transactions, enhancing the crypto experience and driving financial inclusion to new heights.”

Guilherme Nazar, Binance’s regional vice president for Latin America, adds: “This is a significant milestone because it is the first time Binance Pay is integrated into a national payment system in the world. It allows our users in Brazil to use their cryptocurrencies for payments at any commercial establishment and to anyone in the country, quickly, safely and easily, using a system they are already familiar with. This launch makes cryptocurrencies more accessible and usable in everyday life, and reflects Binance’s commitment to customizing its global products to meet the demands of our local users.”

Pix, an instant payment service launched by the Central Bank of Brazil, has been gaining the preference of Brazilians since its launch in 2020. Currently, more than 174 million people and many institutions use the service in the country and carry out around 6 billion transactions per month, according to data from the authority.

According to the survey “Brazilians and their Relationship with Money“, released by the Central Bank, Pix is already used by 76.4% of the Brazilian population, surpassing the use of cash (68.9%) and debit cards (69.1%).

“Payments are one of the most obvious uses of cryptocurrencies. The integration of Binance Pay with Pix makes cryptocurrency payments more intuitive and familiar to Brazilians who are already accustomed to the Central Bank’s tool, and consequently boosts the growth of digital asset adoption in the country”, adds Nazar.

Brazil is the 6th-largest market in cryptocurrency adoption in the world, with around 17.5% of the population already owning some type of digital asset, according to data from the Triple-A consultancy. A recent survey conducted by Instituto Locomotiva for Binance showed that 42% of Brazilian investors already have exposure to digital assets, a percentage equal to that of those who own investment funds and stocks.

To learn how to use Pix with Binance Pay, click here.

About Binance Pay

Binance Pay is a seamless, borderless, and secure cryptocurrency payment feature on the Binance app, allowing users and merchants to pay, send and receive crypto worldwide without incurring gas fees. With support for over 300 cryptocurrencies, it caters to more than 40 million active users and 32,000 merchants. Trusted by over 270 million people across 100+ countries, Binance stands as the world’s largest cryptocurrency exchange by trading volume and registered users.

SOURCE Binance

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