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Galaxy Asset Management: April 2024 Month End AUM

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NEW YORK, May 23, 2024 /CNW/ – Galaxy Digital Holdings Ltd. (TSX: GLXY) (“Galaxy”) announced that its affiliate, Galaxy Asset Management, (“GAM”), reported preliminary assets under management of $5.7 billion as of April 30, 2024. The 27.3% decrease in preliminary AUM compared to the prior month was primarily driven by the continued successful liquidation of assets associated with an ongoing opportunistic mandate and market depreciation.

Assets Under Management (“AUM”)(a)(b) (in millions)

3/31/23

6/30/23

9/30/23

12/31/23

3/31/24

4/30/24

Funds(c)

$2,437

$2,489

$2,305

$3,098

$4,351

$3,787

Opportunistic(d)

$1,612

$2,078

$3,440

$1,875

Total

$2,437

$2,489

$3,917

$5,176

$7,791

$5,662

(a)

All figures are unaudited. AUM is inclusive of sub-advised funds, committed capital closed-end vehicles, seed investments by affiliates, affiliated and unaffiliated separately managed accounts, and fund of fund products. Changes in AUM are generally the result of performance, contributions, withdrawals, new mandates, and acquisitions.

(b)

AUM for committed capital closed-end vehicles that have completed their investment period is reported as NAV plus unfunded commitment. AUM for quarterly close vehicles is reported as of the most recent quarter available for the applicable period. AUM for affiliated separately managed accounts is reported as NAV as of the most recently available estimate for the applicable period.

(c)

“Funds” line item consists of AUM held in GAM’s Passive, Active, and Venture funds.

(d)

“Opportunistic” AUM are near-term or mid-term engagements to unwind portfolios managed by GAM.    

Additional information regarding GAM can be found on our website at https://www.galaxy.com/asset-management.

About Galaxy 

Galaxy (TSX: GLXY) is a digital asset and blockchain leader providing access to the growing digital economy. We serve a diversified client base, including institutions, startups, and qualified individuals. Since 2018, Galaxy is building a holistic financial platform spanning three complementary operating businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. The company is headquartered in New York City, with global offices across North America, Europe, and Asia.

Additional information about Galaxy’s businesses and products is available on www.galaxy.com 

Disclaimers

GAM is an affiliate of Galaxy Digital Holdings Ltd., a company listed on the Toronto Stock Exchange (“TSX”).  The TSX has not approved or disapproved of the information contained herein.

SOURCE Galaxy Digital Holdings Ltd.

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Old World Labs Unveils Advanced AI Agents at CES 2025: Revolutionizing Robotics and Virtual Worlds

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LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — On the first day of CES 2025, Old World Labs (OWL) is proud to announce groundbreaking advancements in its “Agents as a Service” technology, showcasing how these cutting-edge AI systems seamlessly integrate into humanoid robots and virtual environments. These innovations mark a significant leap forward in bridging the physical and digital worlds, setting a new standard for adaptability and intelligence in robotics.

 

The Next Generation of AI-Driven Robotics

At the forefront of OWL’s innovations is the “Replicants” system, a first-of-its-kind platform enabling self-replicating humanoid robots equipped with advanced AI agents. These agents combine real-time reasoning, resource-aware adaptability, and dynamic interaction, making them invaluable across industries—from manufacturing to immersive virtual experiences.

Key Features of the Replicants System:

Humanoid Robotics Integration: AI agents embedded within robots capable of natural human-like interactions and precise task execution.Virtual World Interoperability: Unified AI presence across physical robots and digital environments for seamless collaboration.Resource-Aware Design: Sustainable, scalable solutions that adapt to complex challenges in real time.

Why This Matters

The evolution of AI agents into humanoid robotics represents a paradigm shift in how humans engage with technology. OWL’s advancements enable robots to:

Understand and interact with 3D environments.Execute complex tasks autonomously, enhancing productivity and user experience.Transition seamlessly between physical and digital spaces, redefining the role of AI in daily life and industrial applications.

Quote from Nick Liverman, Founder of Old World Labs

“At CES 2025, we’re showcasing how Old World Labs is driving the future of AI and robotics. Our Replicants system empowers humanoid robots and virtual agents to function as intelligent companions and collaborators. These breakthroughs push beyond traditional boundaries, enabling accessible, adaptive, and scalable solutions for everyone,” said Nick Liverman.

Live Demonstrations and Interactive Sessions

Attendees at CES 2025 are invited to Booth #8777 in the LV North Hall to:

Experience Real-Time AI Integration: See how OWL’s agents operate humanoid robots with precision and adaptability.Explore Virtual World Interactions: Witness how AI agents transition seamlessly between robotics and immersive virtual platforms.Participate in Workshops: Learn how OWL’s “Agents as a Service” technology can transform industries and projects.

About Old World Labs

Founded in 2012 by Nick Liverman, Old World Labs has been a pioneer in robotics and AI innovation. Renowned for its high-precision 3D printing solutions, OWL is now at the forefront of integrating intelligent agents into humanoid robots and virtual worlds. With a mission to make advanced technology accessible and impactful, OWL continues to set the industry standard.

Media Contact

Eric Faust
Business Development
Old World Labs
info@oldworldlabs.com

Click here for more details about our booth at: https://ces25.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=0014V00003uGRiBQAW

View original content to download multimedia:https://www.prnewswire.com/news-releases/old-world-labs-unveils-advanced-ai-agents-at-ces-2025-revolutionizing-robotics-and-virtual-worlds-302347159.html

SOURCE Old World Labs

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BLUETTI Unveils Apex 300 and EnergyPro 6K at CES 2025, Highlighting Brand Refinement Strategy for 2025

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BLUETTI reinforces its role as a technology pioneer in clean energy with innovative energy solutions at CES 2025.

LAS VEGAS, Jan. 9, 2025 /PRNewswire/ — BLUETTI, a leading provider of clean energy solutions and this year’s CES Innovation Award honoree, debuted its latest energy storage solutions, the Apex 300 portable power station and EnergyPro 6K whole house battery backup, during its brand refinement event at booth 9837 at CES 2025.

As part of its strategy to refine and elevate its global brand, BLUETTI launched its new product era 3.0, showcasing its groundbreaking new product series: Bluetti Elite, Apex, and EnergyPro. The highly anticipated products, Apex 300 and EnergyPro 6K, were officially unveiled during the event, marking a significant leap in the company’s ongoing commitment to pioneering clean energy storage.

BLUETTI Apex 300: The All-in-One Solution for Every Scenario

The Bluetti Apex 300 Portable Power Station is a versatile portable power station with a 2,764.8Wh capacity and 3,840W output, providing reliable power for home backup, RV road trips, and other off-grid scenarios. It can deliver both 120V and 240V power simultaneously, meaning user can handle essential appliances and heavy-duty devices like well pumps and dryers.

With advanced parallel-expansion technology, the Apex 300 can scale up to an impressive 58kWh storage and 11.52kW output, ensuring up to a week of power supply during extended outages. In parallel, it is powerful enough to charge an electric vehicle.

Charging is fast and flexible — powered by Turbo Boost charging technology, users can recharge the Apex 300 to 80% in just 45 minutes from mains power. Alternative charging options include solar panels, vehicles, generators, and EV stations. With industry-leading PV charging capacity of up to 30,720W, the Apex 300 ensures stable power even in remote locations or prolonged blackouts.

The Apex 300 is expected to be officially released in the second quarter of 2025.

BLUETTI EnergyPro 6K: The Ultimate Power Solution for Small to Medium Homes

Designed for residential and small-to-medium business use, the Bluetti EnergyPro 6K Whole House Battery Backup is a reliable, affordable and cost effective home energy storage system that integrates solar, battery, grid, generator, and EV power sources. It supplies dependable backup power during power outages, peak periods, or other off-grid settings.

The EnergyPro offers flexible scalability for a personalized power experience. By connecting up to five EnergyPro 6K units, users can achieve substantial power output and storage capabilities to weather extended blackouts or support small off-grid farms.

Seamlessly integrating with users’ existing rooftop solar systems, the EnergyPro 6K optimizes energy usage by storing excess solar power. This allows homeowners to always be prepared for power interruptions while reducing their electricity bills. The AT1 Smart Distribution Box further enhances energy efficiency by allowing any supported EV to charge the battery during extended power outages, and home standby generators to automatically fuel the battery without manual switching. This comprehensive energy solution ensures uninterrupted power in any situation, without relying on the grid or favorable weather conditions.

The EnergyPro 6K is expected to be officially released in the second quarter of 2025.

Powered by BLUETTI Future Tech System

The Apex 300 and EnergyPro 6K are powered by BLUETTI’s cutting-edge Future Energy Tech System, which consists of four key pillars:

BLUEPEAK Innovation Hub: The core of BLUETTI’s hardware and physical innovations in energy storage.BLUELINK Energy Network: The brain behind BLUETTI’s product and energy solutions, providing intelligent and seamless connectivity.BLUEGRID Power Infrastructure: Tailored tech solutions for households and SME businesses, offering scalable and efficient power management.BLUELIFE Ecosystem Tech: A lifestyle-driven tech ecosystem that integrates energy seamlessly into daily life, empowering consumers to embrace sustainable living.

BLUETTI’s ongoing commitment to innovation, sustainability, and clean energy solutions is poised to reshape how consumers and businesses manage their power needs in 2025 and beyond. For more information on the upcoming products and BLUETTI’s vision, visit us at booth 9837 CES 2025 and explore the future of energy.

About BLUETTI

Founded in 2009, BLUETTI is a pioneer force in clean energy technology, committed to a sustainable future by providing green and independent energy storage solutions for every household. With a strong focus on innovation and customer needs, BLUETTI has gained the trust of 3.5 million customers and established a presence in over 110 countries & regions. Through initiatives like the LAAF (Lighting An African Family) Program, BLUETTI is dedicated to bringing power to millions of African families in off-grid areas.

Contact: Ellen Lee, ellenlee@bluetti.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/bluetti-unveils-apex-300-and-energypro-6k-at-ces-2025-highlighting-brand-refinement-strategy-for-2025-302346866.html

SOURCE BLUETTI POWER INC

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2024 Norm Hardy Prize Awarded by Foresight Institute for ‘Advances in Usable Security’

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SAN FRANCISCO, Jan. 9, 2025 /PRNewswire-PRWeb/ — In an age where reliable computer security is critical, Foresight Institute proudly announces Dr. Serge Egelman, Dr. Alisa Frik, Conor Gilsenan, and Prof. Eyal Peer as winners of the inaugural 2024 Norm Hardy Prize for their significant contribution to the field of usable security. This prize celebrates work building upon the vision of the late computer scientist, Norm Hardy, best known for identifying the confused deputy vulnerability.

Personalized cybersecurity nudges significantly boost user behavior change. By tailoring reminders to individual traits and decision-making styles, the team increased password security and update adoption effectiveness fourfold compared to generic approaches.

His most significant contribution to the field was KeyKOS, a capability-secure operating system that ran on commodity hardware, as well as creating core parts of capability-secure languages and protocols. Hardy underscored the necessity of building inherently secure systems complemented by interaction designs that enable users to operate these systems securely and intuitively. Established in 1986, Foresight Institute is a leading nonprofit and public interest organization focused on emerging world-shaping technologies. Foresight Institute encourages responsible advancements in transformative technologies, aiming to steer innovations towards solutions for urgent global challenges.

“In what kind of architecture can the deputy use each permission only for the purpose it was given, without being led to use them for other purposes?” – Norm Hardy Published Paper: “Protect Me Tomorrow”: Commitment Nudges to Remedy Compromised Passwords https://dl.acm.org/doi/10.1145/3689038 Project Summary and People: Internet users often neglect important security actions (e.g., installing security updates or changing passwords) because they interrupt users’ main task at inopportune times. Commitment nudges, such as reminders and promises, have been found to be effective at reducing procrastination in other domains. In a series of online experiments, we explored the effects of reminders and promises on users’ willingness to change a compromised password, enable automatic updates, backups, and two-factor authentication.

We find that adding an option to delay the task increases the share of people willing to eventually change their password considerably. Critically, the option to delay yields this overall increase without reducing the share of people choosing to change their password immediately. Additionally, most participants who promised to change their password later, or asked to be reminded to do so, indeed followed through on their commitment, leading to a net positive effect. Reminding participants of their previous commitment further increased this effect. We also demonstrated how tailoring nudges to individual traits and decision-making styles can lead to considerably better outcomes, increasing nudges’ effectiveness up to four times compared to administering “one-size-fits-all” nudges. Dr. Alisa Frik Dr. Alisa Frik is a research scientist at the International Computer Science Institute (ICSI). She is a member of the Usable Security and Privacy research group and the Berkeley Laboratory for Usable and Experimental Security (BLUES).

She applies her expertise in social sciences, behavioral and experimental economics, decision-making, behavior change, and choice architecture to investigate privacy and security attitudes, behaviors, expectations and preferences of regular and underrepresented populations of online users and software developers. She explores how contextual and human factors, including trust, heuristics and biases, and behavioral interventions, such as personalized nudges, affect users’ privacy and security behaviors and decisions. She focuses not only on web and mobile privacy and security, but also on emerging technologies in healthcare, Internet of Things, digital advertising, smart voice assistants, Augmented Reality, and Artificial Intelligence. She is experienced in survey and interview design, online, lab and field experiments, experience sampling, and other mixed methods (including quantitative and qualitative analyses).

She has obtained a Ph.D. degree in Economics at the School of Social Sciences, University of Trento, Italy. Visit Alisa’s website to learn more about her current research, publications, or to access her CV. Dr. Serge Egelman Dr. Serge Egelman is Research Director of the Usable Security & Privacy Group at the International Computer Science Institute (ICSI) and also holds an appointment in the Department of Electrical Engineering and Computer Sciences (EECS) at the University of California, Berkeley. He leads the Berkeley Laboratory for Usable and Experimental Security (BLUES), which is the amalgamation of his ICSI and UCB research groups. Serge’s research focuses on the intersection of privacy, computer security, and human-computer interaction, with the specific aim of better understanding how people make decisions surrounding their privacy and security, and then creating data-driven improvements to systems and interfaces. This has included human subjects research on social networking privacy, access controls, authentication mechanisms, web browser security warnings, and privacy-enhancing technologies. His work has received multiple best paper awards, including seven ACM CHI Honorable Mentions, the 2012 Symposium on Usable Privacy and Security (SOUPS) Distinguished Paper Award for his work on smartphone application permissions, as well as the 2017 SOUPS Impact Award, and the 2012 Information Systems Research Best Published Paper Award for his work on consumers’ willingness to pay for online privacy. He received his PhD from Carnegie Mellon University and prior to that was an undergraduate at the University of Virginia. He has also performed research at NIST, Brown University, Microsoft Research, and Xerox PARC.

Conor Gilsenan Conor joined BLUES (Berkeley Laboratory for Usable and Experimental Security) in 2019 as a CS doctoral student at the University of California, Berkeley. While Conor’s research encompasses usable security and privacy, he is particularly interested in building tools to help people overcome the inherent usability challenges in authentication and account recovery systems. Prior to embarking on academic research, Conor worked in industry as a software engineer for almost 10 years. Prof. Eyal Peer Eyal is a social psychologist and behavioral decision researcher, with a focus on Judgment & Decision-Making processes and their applications for Behavioral Public Policy. Eyal’s research examines how Choice Architecture and Nudges can be used to help people make better decisions for themselves, for others, and for the public good. Eyal has a Ph.D. and M.A. in Psychology from School of Education at Hebrew University, B.A. in Behavioral Sciences from Ruppin Academic Center, and.completed a Postdoctoral fellowship, with Fulbright scholarship, at Carnegie Mellon University Heinz College of Public Policy Eyal is the co-founder, with Dr. Roni Lotan, of For a Change: Applied Research Lab for Behavioral Solutions in Health and Sustainability www.forachange.org.il

https://docs.google.com/document/d/1JwhdW84B4vHYwMCTVcW2S2SKPSE_-lax-uksiCyCq7o/edit?tab=t.0#heading=h.7muqy0xg57sl

Media Contact

Niamh Peren, The Foresight Institute, 1 2129616892, niamh@foresight.org, www.foresight.org

View original content:https://www.prweb.com/releases/2024-norm-hardy-prize-awarded-by-foresight-institute-for-advances-in-usable-security-302344249.html

SOURCE The Foresight Institute

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