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H3C takes a deep dive into the challenges – and opportunities – AI brings

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BEIJING, Nov. 22, 2024 /PRNewswire/ — Nothing carries quite the gravitas of the Nobel Prizes, the five awards that were founded in Switzerland back in 1901 to recognize developments that have been of the “greatest benefit to humankind” in the fields of in physics, chemistry, physiology or medicine, literature, and in the promotion of peace.

These awards have traditionally noted people who have helped alter the course of human history and so it was telling when they were handed out by The Royal Swedish Academy of Sciences at the start of October that, for the first time, the work of people developing Artificial Intelligence was recognized.

This year’s winners in the sections both for physics (John Hopfield and Geoffrey Hianton) and chemistry (David Baker and joint-winners Demis Hassabis and John Jumper) have been expanding the use of AI software into science and their recognition has again shown how far this new technology’s reach has now spread, so quickly.

That’s a conversation that was carried on to GITEX Global 2024 in Dubai from October 14-18 – an event which brands itself as the “biggest tech & startup show in the world” – with the scope of the impact AI is having around the world once again on show.

At the center-point of displays and discussions were the very latest in AI advances as were the issues of where these developments are going to take the world as the digital economy continues to evolve.

On hand in Dubai was Ray Xu, senior vice-president of H3C, as well as president of the Chinese business innovation and digital transformation group’s cloud, compute, and storage product line. Based out of the eastern Chinese tech hub of Hangzhou, H3C officially launched two new H3C UniServer systems in Dubai (R5500 G7 and R5300 G7) – servers which can support more than 70 kinds of AI.

A week later, Xu sat down to reflect on that experience and on how an AI-led digital transformation, and technological innovation, are reshaping our world.

“These AI technologies are changing our lives and present a lot of new opportunities,” said Xu. “That has sparked a lot of imagination about what the future will be. On the other hand, AI applications also face some challenges in areas such as data privacy and algorithm bias. In the end, though, I’m an optimist. I think the opportunities far outweigh the challenges.”

Through its global commercial partnerships, H3C has helped expand AI technology usage across sectors including “AIGC [Artificial Intelligence Generated Content], autonomous driving in the new energy vehicle industry, and data-driven decision-making and personalized services in finance and enterprise sectors, as well as large-scale computing centers established by governments and operators.”

AIGC is one development that has had a major impact on the way work is done all over the globe. Innovations such as ChatGPT are driving new growth across industries as those industries adapt to generative technology and explore ways to expand AI’s uses.

Xu said there were a number of important challenges ahead, including developing the necessary infrastructure to support the power needed to drive this new technology, the development of more efficient power sources and servers, the building of data centers and learning how to deal with issues of privacy when it comes to data.

“At H3C we are committed to partnering with our customers when it comes to dealing with the challenges of business innovation and digital transformation,” said Xu. “With our comprehensive product line, we have solutions for cloud, computing, networking, security, and terminal issues as well as Information and Communication Technologies [ICT] solutions. With these solutions, we help a lot of our customers in their new journey of digital information transformation.”

The development of arithmetic power was another issue Xu identified, especially in terms of the Chinese market.

“I think there are four key challenges,” he said. “The first thing is computing power. We need huge amounts of computing power, so how to scale up this computing power quickly is very important. Second, how to use this arithmetic power efficiently? How to schedule this power is critical. The third challenge is about storage. We need data so how do we make this data transfer very efficiently, very quickly? 

“More computing means more data, more energy. So, how do we leverage this energy more efficiently? Making data centers more green will be the fourth challenge but in order to address these challenges, the first thing we need to do is scale up computing power more quickly.”

H3C has addressed these issues by focusing on “the upgrade and evolution of digital infrastructure to meet the needs of the AI era.” 

The company has also launched “diverse heterogeneous computing platforms for intelligent computing centers, high-performance AI servers, advanced data center network architectures, and AI storage solutions to provide strong, stable, and scalable digital infrastructure support.”

There has also been a focus on a green strategy when it comes to data center design and across the H3C production line, in keeping with the requirements of the industry. This includes such innovations as liquid cooling and box immersion, which are helping drive new growth on a global scale.

Overall, H3C has identified a “multifaceted” approach that has focused on increased investment in and construction of “computing infrastructure to rapidly scale up computing power,” the company said. 

Other focuses include “the development of more efficient and intelligent computing power allocation and data storage technologies to enhance resource utilization and ensure data security and stability”, while the company continues to explore “the promotion of innovation and application of energy-efficient technologies to reduce energy consumption during computing operations.”

That’s why, Xu said, the company is “open to different kinds of vendors.”

“We have the service capability to help customers build their ecosystem in anticipation of AI development, so they can actively embrace them,” he said. “We can always find ways to solve challenges and deliver more and more opportunities, backed by the belief that AI will bring us a bright and a smart future.”

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SOURCE H3C

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Boqii Announces ADS Ratio Change

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SHANGHAI, Jan. 10, 2025 /PRNewswire/ — Boqii Holding Limited (“Boqii” or the “Company”) (NYSE American: BQ) today announced that it will change its ratio of its American Depositary Shares (“ADSs”) to Class A ordinary shares from one (1) ADS representing fifteen (15) Class A ordinary shares to one ADS representing one hundred and fifty (150) Class A ordinary shares (the “ADS Ratio Change”). The ADS Ratio Change is expected to become effective on or about January 21, 2025 (U.S. Eastern Time) (the “ADS Ratio Change Effective Date”).

For Boqii’s ADS holders, the ADS Ratio Change will have the same effect as a 1-for-10 reverse split on the existing ADSs. Each ADS holder on the ADS Ratio Change Effective Date will be required on mandatory basis to surrender to The Bank of New York Mellon, as depositary, (the “Depositary”) for Boqii’s ADS program, every 10 old ADSs held in exchange for one new ADSs. No action is required by holders of uncertificated ADSs to effect the ADS Ratio Change as the change will be effected on the books of the Depositary.  

No fractional new ADSs will be issued in connection with the ADS Ratio Change. Instead, the Depositary will attempt to sell any fractional entitlements to new ADSs and the net cash proceeds from the sale of the fractional ADS entitlements (after deduction of fees, taxes and expenses) will be distributed to the applicable ADS holders by the Depositary. Boqii’s ADSs will continue to be traded on the NYSE American under the ticker symbol “BQ”. As a result of the ADS Ratio Change, the ADS price is expected to increase proportionally, although the Company can give no assurance that the ADS price after the ADS Ratio Change will be equal to or greater than ten (10) times the ADS price before the change.

 About Boqii Holding Limited 

Boqii Holding Limited (NYSE American: BQ) is a leading pet-focused platform in China. It is the leading online destination for pet products and supplies in China with a broad selection of high-quality products including global leading brands, local emerging brands, and its own private label, Yoken, Mocare and D-cat, offered at competitive prices. Boqii’s online sales platforms, including Boqii Mall and our flagship stores on third-party e- commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. Its Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets.

Safe Harbor Statement 

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission (“SEC”), in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Further information regarding such risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor inquiries, please contact: 

Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
Email: ir@boqii.com 

View original content:https://www.prnewswire.com/news-releases/boqii-announces-ads-ratio-change-302348055.html

SOURCE Boqii Holding Limited

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NASA Awards 2025 Innovative Technology Concept Studies

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WASHINGTON, Jan. 10, 2025 /PRNewswire/ — NASA selected 15 visionary ideas for its NIAC (NASA Innovative Advanced Concepts) program which develops concepts to transform future missions for the benefit of all. Chosen from companies and institutions across the United States, the 2025 Phase I awardees represent a wide range of aerospace concepts.

The NIAC program nurtures innovation by funding early-stage technology concept studies for future consideration and potential commercialization. The combined award for the 2025 concepts is a maximum of $2.625M in grants to evaluate technologies that could enable future aerospace missions.

“Our next steps and giant leaps rely on innovation, and the concepts born from NIAC can radically change how we explore deep space, work in low Earth orbit, and protect our home planet” said Clayton Turner, associate administrator for NASA’s Space Technology Mission Directorate in Washington. “From developing small robots that could swim through the oceans of other worlds to growing space habitats from fungi, this program continues to change the possible.”

The newly selected concepts include feasibility studies to explore the Sun’s influence on our solar system, build sustainable lunar habitats from glass, explore Saturn’s icy moon, and more. All NIAC studies are in the early stages of conceptual development and are not considered official NASA missions.

Ryan Weed, Helicity Space LLC in Pasadena, California, proposes a constellation of spacecraft powered by the Helicity Drive, a compact and scalable fusion propulsion system, that could enable rapid, multi-directional exploration of the heliosphere and beyond, providing unprecedented insights on how the Sun interacts with our solar system and interstellar space. Demonstrating the feasibility of fusion propulsion could also benefit deep space exploration including crewed missions to Mars.

Martin Bermudez, Skyeports LLC in Sacramento, California, presents the concept of constructing a large-scale, lunar glass habitat in a low-gravity environment. Nicknamed LUNGS (Lunar Glass Structure), this approach involves melting lunar glass compounds to create a large spherical shell structure. This idea offers a promising solution for establishing self-sustaining, large-scale habitats on the lunar surface.

Justin Yim, University of Illinois in Urbana, proposes a jumping robot appropriately named LEAP (Legged Exploration Across the Plume), as a novel robotic sampling concept to explore Enceladus, a small, icy moon of Saturn that’s covered in geysers, or jets. The LEAP robots could enable collection of pristine, ocean-derived material directly from Enceladus’s jets and measurement of particle properties across multiple jets by traveling from one to another.

“All advancements begin as an idea. The NIAC program allows NASA to invest in unique ideas enabling innovation and supporting the nation’s aerospace economy,” said John Nelson, program executive for NASA’s Innovative Advanced Concepts in Washington.

The NIAC researchers, known as fellows, will investigate the fundamental premise of their concepts, identify potential challenges, and look for opportunities to bring these concepts to life.

In addition to the projects mentioned above, the following selectees received 2025 NIAC Phase I grants:

Michael Hecht, Massachusetts Institute of Technology, Cambridge: EVE (Exploring Venus with Electrolysis)Selim Shahriar, Northwestern University, Evanston, Illinois: SUPREME-QG: Space-borne Ultra-Precise Measurement of the Equivalence Principle Signature of Quantum GravityPhillip Ansell, University of Illinois, Urbana: Hy2PASS (Hydrogen Hybrid Power for Aviation Sustainable Systems)Ryan Benson, ThinkOrbital Inc., Boulder, Colorado: Construction Assembly DestinationGyula Greschik, Tentguild Engineering Co, Boulder, Colorado: The Ribbon: Structure Free Sail for Solar Polar ObservationMarco Quadrelli, NASA’s Jet Propulsion Laboratory in Southern California: PULSAR: Planetary pULSe-tAkeRBen Hockman, NASA’s Jet Propulsion Laboratory in Southern California: TOBIAS: Tethered Observatory for Balloon-based Imaging and Atmospheric SamplingKimberly Weaver, NASA’s Goddard Space Flight Center in Greenbelt, Maryland: Beholding Black Hole Power with the Accretion Explorer InterferometerJohn Mather NASA’s Goddard Space Flight Center in Greenbelt, Maryland: Inflatable Starshade for Earthlike ExoplanetsRobert Hinshaw, NASA’s Ames Research Center in California’s Silicon Valley: MitoMars: Targeted Mitochondria Replacement Therapy to Boost Deep Space EnduranceChristine Gregg, NASA’s Ames Research Center in California’s Silicon Valley: Dynamically Stable Large Space Structures via Architected MetamaterialsSaurabh Vilekar, Precision Combustion, North Haven, Connecticut: Thermo-Photo-Catalysis of Water for Crewed Mars Transit Spacecraft Oxygen Supply

NASA’s Space Technology Mission Directorate funds the NIAC program, as it is responsible for developing the agency’s new cross-cutting technologies and capabilities to achieve its current and future missions.

To learn more about NIAC, visit:

https://www.nasa.gov/niac

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SOURCE NASA

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Corn Next Launches CornNext-17: A Groundbreaking Sustainable Solution to Plastic Pollution

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IRVINE, Calif., Jan. 11, 2025 /PRNewswire/ — Corn Next, a leader in sustainable innovation and biodegradable solutions, has officially launched CornNext-17, a game-changing bio-based material designed to combat the global plastic pollution crisis. Accompanying this launch is the release of the CornNext-17 White Paper, a detailed report that highlights the revolutionary features of CornNext-17, its potential to replace traditional plastics, and its critical role in supporting global sustainability initiatives.

Derived from renewable corn starch, CornNext-17 utilizes a patented fermentation-based process to create a fully biodegradable material with superior versatility and performance. Unlike traditional plastics and bio-plastics such as PLA and PHA, CornNext-17 retains its natural polysaccharide structure, enabling rapid decomposition within 30 days in natural environments while maintaining the mechanical properties necessary for diverse applications.

“CornNext-17 represents a significant leap forward in sustainable materials,” said Randy Yongzhong Zhang, Founder and CEO of Corn Next. “We are proud to offer a solution that addresses the urgent need for environmentally friendly alternatives to conventional plastics. The development of CornNext-17 is guided by our vision to revolutionize how materials are used and discarded. As a fully natural biodegradable innovation, it marks not just a breakthrough in material science, but a significant milestone in humanity’s pursuit of a greener, more sustainable future.”

Key Features of CornNext-17

Fully Biodegradable: Decomposes naturally within 30 days, leaving no harmful residues.Versatile: Suitable for a wide range of applications, including packaging, consumer goods, and industrial components.Cost-Effective: Produced through an efficient manufacturing process, offering competitive pricing.High Performance: Exhibits excellent mechanical properties, including strength, flexibility, and heat resistance.Eco-Friendly: Derived from renewable corn starch and produced without harmful chemicals.

Market Potential and Industrial Applications

CornNext-17 has the potential to transform multiple industries by replacing traditional plastics with a sustainable alternative:

Consumer Goods: CornNext-17 is ideal for creating compostable tableware, single-use products, food containers, and eco-friendly packaging solutions that cater to environmentally conscious consumers.Packaging Industry: The material’s strength, flexibility, and resistance to heat and moisture make it a superior choice for biodegradable packaging, including retail, food, and industrial applications.Agriculture: CornNext-17 can be used to manufacture biodegradable mulch films, seedling trays, and irrigation components, reducing waste and enhancing soil health.Medical and Healthcare: With its ability to decompose fully, CornNext-17 is well-suited for disposable medical supplies such as gloves, syringes, and packaging, ensuring environmental safety.Automotive: Lightweight and durable, CornNext-17 can be utilized in creating automotive components such as panels, trim, and interior parts, contributing to vehicle sustainability and fuel efficiency.Electronics: As a biodegradable alternative, CornNext-17 can replace certain plastic components in electronics, helping reduce electronic waste.

The global push for environmentally sustainable materials positions CornNext-17 to capitalize on increasing regulatory support and consumer demand for green products. Its adaptability, cost-effectiveness, and eco-friendly properties provide a competitive edge in addressing the growing plastic pollution crisis.

Why CornNext-17 Matters

Plastic waste remains one of the most pressing environmental challenges, with over 400 million tons of plastic produced annually and only a fraction recycled. CornNext-17’s innovative composition and rapid biodegradability make it a transformative solution for reducing reliance on petrochemical-based plastics and mitigating environmental harm.

Looking for Partnership

Corn Next is committed to advancing CornNext-17’s applications through ongoing research and development, fostering innovation in biodegradable materials. The company seeks strategic collaborations with industry leaders, partners, investors, financial institutions, government agencies, and research organizations to drive the widespread adoption of CornNext-17 and accelerate the global shift toward a more sustainable future.

Download the White Paper

Detailed information on the potential of this revolutionary material can be downloaded from Corn Next’s website at https://www.cornnext.com/CornNext-17 by clicking “Learn More.”

About Corn Next

Corn Next (or Y & J World Inc.) is a pioneering biotech company based in Irvine, California, dedicated to eliminating plastic pollution. We specialize in developing bio-based new materials such as CornNext-17, a patented, 100% natural, biodegradable material derived from renewable corn starch. Unlike traditional plastics, CornNext-17 fully decomposes within 30 days without leaving toxins or requiring costly recycling. After eight years of R&D, we transformed CornNext-17 into a granular form, securing our proprietary technology and expanding its applications. This innovation led to the world’s first corn-based drinking straw, protein spoon, dinner knife, and forks, with future uses in utensils, dental floss, packaging and more. Corn Next is committed to replacing single-use and durable plastics with sustainable, plastic-free alternatives—free from plastics, PHA, PLA, and other bio-plastics. Our mission is to drive a cleaner, greener future. For more information, please visit https://www.cornnext.com/

Contact: David Xu, Email: david.x@cornnext.com

SOURCE Corn Next Inc.

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