Connect with us

Technology

BeyondMath Raises $8.5 Million to Revolutionize Physics-Based Engineering with Groundbreaking AI-Powered Simulation Platform

Published

on

SAN FRANCISCO, Aug. 20, 2024 /PRNewswire/ — BeyondMath, a leader in advanced engineering simulation, today announced it has secured $8.5 million in seed funding led by UP.Partners, with significant participation from Insight Partners and InMotion Ventures, the investment arm of JLR. This funding supports BeyondMath’s ambitious mission to reshape engineering practices globally with its AI-driven multiphysics simulation platform, which accelerates engineering iterations by a factor of 1,000 compared to current solutions.

To help achieve this mission, BeyondMath is among the first to adopt an NVIDIA DGX H200 system to enhance the capabilities of its platform. DGX H200 systems provide advanced AI supercomputing, allowing BeyondMath to train its physics solver at industrial scales and helping it deliver even more groundbreaking solutions to its customers.

“The NVIDIA DGX H200 is a game-changer for AI-driven simulation,” said Alan Patterson, CEO of BeyondMath. “With its robust computing power, we’re equipped to push the boundaries of what is possible in physics-based engineering.”

“Accelerated computing is revolutionizing industries by enabling unprecedented speed and accuracy in complex simulations,” said Carlo Ruiz, vice president of EMEA AI Data Center Solutions at NVIDIA. “By deploying NVIDIA DGX H200 systems, BeyondMath is equipped to redefine physics-based engineering, training AI models at industrial scales to deliver groundbreaking solutions that can help customers increase efficiencies and speed innovation.”

Setting a New Standard in Engineering Simulation

BeyondMath is pioneering a seismic shift in simulation for complex physical phenomena essential for designing everything from vehicles and aircraft to lithium-ion batteries and the infrastructure of data centers. The company’s AI platform aims to bring new, efficient options to market.

“Current simulation tools are not only prohibitively expensive, requiring up to $50 million supercomputers that take days to process data, but they also demand PhD-level expertise,” said Patterson. “Our platform employs cutting-edge AI trained to decipher the core equations of the physical world, delivering a monumental leap in speed and cost.”

A Vision for Sustainable Efficiency

BeyondMath’s technology is designed to eradicate inefficiencies in the engineering process, dramatically reducing costs, accelerating development cycles, and minimizing environmental impact. “With our innovative AI platform, we anticipate saving billions for our customers, streamlining industry workflows, and significantly cutting unnecessary carbon emissions,” Patterson added.

Investor Support

The funding round was led by UP.Partners, whose Chairman, Adam Grosser, remarked on the firm’s alignment with BeyondMath’s objectives and their own. “BeyondMath represents exactly the kind of paradigm shift we seek to support at UP.Partners. Their platform is set to transform the foundational technology of industries that move the world, making them faster, more efficient, and more sustainable.”

Insight Partners, known for their strategic investments in transformative technologies, also backed BeyondMath, recognizing its potential to redefine engineering standards. “BeyondMath’s approach to leveraging AI for multiphysics simulations is precisely the innovation that can disrupt industries globally,” said Ganesh Bell, Managing Director at Insight Partners. “Their technology is not only set to enhance design accuracy and efficiency but also aligns with our commitment to supporting sustainable, high-impact solutions.”

InMotion Ventures, the investment arm of JLR, also supported BeyondMath in its seed round, recognizing the company’s position at the cutting edge of engineering technology. “BeyondMath’s sophisticated AI-driven simulation platform is helping redefine the parameters of design and engineering, enhancing speed and precision across industries. Their approach aligns seamlessly with our mission to invest in early-stage businesses with the potential to accelerate JLR’s Reimagine strategy. We look forward to working closely with the BeyondMath team”, said Mike Smeed, Managing Director at InMotion Ventures.

About BeyondMath

BeyondMath is at the forefront of AI and simulation technology, revolutionizing the way industries conduct complex simulations. By harnessing breakthroughs in AI, BeyondMath enhances the accuracy, efficiency, and accessibility of simulations, setting new industry benchmarks.

For more information about BeyondMath and its revolutionary platform, please visit https://beyondmath.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/beyondmath-raises-8-5-million-to-revolutionize-physics-based-engineering-with-groundbreaking-ai-powered-simulation-platform-302226508.html

SOURCE BeyondMath

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

KNEX Technology CTO Gustavo Gonzalez Elected 2025 President-Elect of OATUG

Published

on

By

Gustavo Gonzalez, KNEX Technology’s CTO, has been elected 2025 President-Elect of OATUG, emphasizing his dedication to Oracle innovation, collaboration, and leadership, including Ascend 2025’s strategic initiatives.

IRVINE, Calif., Jan. 10, 2025 /PRNewswire-PRWeb/ — KNEX Technology, a leading Oracle Cloud solutions provider, is proud to announce that its Chief Technology Officer, Gustavo Gonzalez, has been elected as the 2025 President-Elect of the Oracle Applications & Technology Users Group (OATUG). This esteemed appointment highlights Gonzalez’s longstanding commitment to advancing innovation and collaboration within the Oracle community.

OATUG has played a pivotal role in my professional growth, and it is a privilege to contribute to this community which has enriched my career. As President-Elect, I look forward to collaborating with my peers to strengthen the Oracle user community and further its impact on businesses worldwide.

In his new role, Gonzalez will work closely with the OATUG leadership team throughout 2025, preparing to serve as OATUG President in 2026. He will focus on empowering Oracle professionals worldwide by fostering knowledge-sharing, community engagement, and professional development. OATUG, a globally recognized organization, supports its members in overcoming challenges, enhancing the value of Oracle solutions, and driving organizational success.

“OATUG has played a pivotal role in my professional growth, and it is a privilege to contribute to this community which has enriched my career,” said Gustavo Gonzalez. “As President-Elect, I look forward to collaborating with my peers to strengthen the Oracle user community and further its impact on businesses worldwide.”

Gonzalez’s election underscores his dedication to giving back to the Oracle ecosystem. A key focus of his role will include shaping OATUG’s strategic initiatives, such as the annual Ascend Conference, which unites Oracle users, thought leaders, and technology innovators for unparalleled learning and networking opportunities.

The upcoming Ascend 2025 Conference, scheduled for June 8–11 in Orlando, Florida, promises to build on the success of the 2024 event, which attracted more than 1,800 attendees. With early bird registration now open, Gonzalez aims to ensure the conference continues to deliver transformative insights and experiences for the Oracle community.

About OATUG

The Oracle Applications & Technology Users Group (OATUG) is the premier global organization for Oracle users, providing year-round education, networking, and advocacy. OATUG empowers its members to unlock the full potential of Oracle solutions, fostering innovation and collaboration across industries.

About KNEX Technology

KNEX Technology is a trusted leader in Oracle Cloud solutions, delivering cutting-edge products and services to help businesses achieve their objectives. Through its innovative approach and customer-focused strategies, KNEX enables organizations to navigate the complexities of today’s technology landscape. For more information, visit www.knextech.com.

Media Contact

Husna Gyasi, KNEX Technology, 1 (949) 232-0786, husna.ghayaisi@knextech.com, https://knextech.com/

Twitter, LinkedIn

View original content:https://www.prweb.com/releases/knex-technology-cto-gustavo-gonzalez-elected-2025-president-elect-of-oatug-302347693.html

SOURCE KNEX Technology

Continue Reading

Technology

Dr. Gerard van Belle Appointed Director of Science at Lowell Observatory, Charting a Bold Future for Research

Published

on

By

Dr. van Belle to guide scientific exploration and foster innovation in the next era of astronomical research

FLAGSTAFF, Ariz., Jan. 10, 2025 /PRNewswire/ — Lowell Observatory is pleased to announce the appointment of Dr. Gerard van Belle as the new Director of Science. Van Belle, who has been an astronomer at the observatory since 2011, has been serving as the interim Director of Science.

In his new role, van Belle will lead a diverse team of astronomers and planetary scientists. He will spearhead the observatory’s new Science Vision, which focuses on advancing research capabilities and implementing cutting-edge technological improvements supporting Lowell’s leadership in astronomical research.

Under his leadership, the science department will continue to advance Lowell Observatory’s mission to pursue the study of astronomy, including the study of our solar system and its evolution, and to conduct pure research in astrophysical phenomena.

Van Belle’s own research focuses on fundamental stellar parameters, including the sizes, shapes, masses, distances, and temperatures of various types of stars. He is also renowned for his expertise in optical and near-infrared astronomical interferometry.

He earned his bachelor’s degree in physics from Whitman College in 1990, followed by a master’s degree from The Johns Hopkins University in 1993, and a Ph.D. in physics from the University of Wyoming in 1996.

Throughout his career, van Belle has been instrumental in the development and commissioning of major optical interferometers worldwide, including the Palomar Testbed Interferometer, the Keck Interferometer, and the Very Large Telescope Interferometer. His pioneering work in stellar surface imaging earned him the inaugural Edward Stone Award for Outstanding Research Publication at NASA’s Jet Propulsion Laboratory in 2002.

In 2011, van Belle joined Lowell Observatory’s science staff, where he applied high-resolution astronomical techniques to detect nearby exoplanets and map stellar surfaces. He served as the Director of the Navy Precision Optical Interferometer (NPOI) in Flagstaff, Arizona, from 2017 to 2018, and subsequently as its Chief Scientist until 2022.

Notably, van Belle was among the astronomers who voted against the definition of ‘planet’ advanced during the 2006 International Astronomical Union (IAU) conference in Prague, which relegated Pluto to being a ‘dwarf planet’ (which according to the IAU resolution is not a planet).

His extensive experience and dedication to advancing astronomical research make him a valuable leader for Lowell Observatory’s scientific endeavors.

“I am honored to take on this role at such a pivotal time for Lowell Observatory,” said van Belle. “Our Science Vision will guide us in exploring new frontiers in astronomy while strengthening our commitment to public engagement and education.”

Executive Director Dr. Amanda Bosh expressed her confidence in van Belle’s leadership: “Gerard’s extensive experience and dedication to our mission make him the ideal person to lead our scientific endeavors. I look forward to working closely with him as we embark on this exciting new chapter for Lowell Observatory.”

For more information about Lowell Observatory’s research and public programs, visit lowell.edu.

About Lowell Observatory
Founded in 1894, Lowell Observatory in Flagstaff, Arizona, is a renowned nonprofit research institution. It is the site of historic and groundbreaking discoveries, including the first evidence of the expanding universe and the discovery of Pluto. Today, Lowell’s astronomers utilize global ground-based and space telescopes, along with NASA spacecraft, for diverse astronomical and planetary science research. The observatory hosts more than 100,000 visitors annually for educational tours, presentations, and telescope viewing through a suite of world-class public telescopes.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dr-gerard-van-belle-appointed-director-of-science-at-lowell-observatory-charting-a-bold-future-for-research-302348440.html

SOURCE Lowell Observatory

Continue Reading

Technology

ALTICE USA IS ABANDONING LOCAL SPORTS FANS AND IS KEEPING MSG NETWORKS AND ITS KNICKS, RANGERS, ISLANDERS AND DEVILS COVERAGE OFF THE AIR

Published

on

By

NEW YORK, Jan. 10, 2025 /PRNewswire/ — MSG Networks released the following statement about their dispute with Altice USA:

“Altice USA has pulled their last proposal and walked away from negotiations to bring MSG Networks back to its Optimum subscribers. They also just dropped WPIX Channel 11 in New York and other local stations around the country. If you have been waiting, like we have, for them to do right by their customers – don’t wait any longer. Now is the time to switch to Verizon Fios who has a special offer for Optimum subscribers. Meanwhile, Optimum has been charging their over 1 million customers for local sports programming they have not been receiving and EVERY subscriber should be credited at least $10 a month.

Verizon Fios is ready to take your business. If you are not in Verizon Fios area, you can get games through these other providers DirecTV, DirecTV Stream, Fubo and The Gotham Sports App. For more options on how to switch providers, visit www.keepMSG.com.”

About MSG Networks

MSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainment networks (MSG and MSG Sportsnet) and MSG+, a direct-to-consumer and authenticated streaming offering (included in the Gotham Sports App), that serve the nation’s number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania. The networks feature a wide range of compelling sports content, including exclusive live local games and other programming of the New York Knicks, New York Rangers, New York Islanders, New Jersey Devils and Buffalo Sabres, as well as significant coverage of the New York Giants and Buffalo Bills. This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports. MSG Networks is part of the Sphere Entertainment Co. (NYSE: SPHR).

Contact:

Dan Schoenberg (dan.schoenberg@msg.com)

View original content to download multimedia:https://www.prnewswire.com/news-releases/altice-usa-is-abandoning-local-sports-fans-and-is-keeping-msg-networks-and-its-knicks-rangers-islanders-and-devils-coverage-off-the-air-302348428.html

SOURCE Sphere Entertainment Co.

Continue Reading

Trending