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Rostec completes development of Russia’s first power plant for Arctic offshore rigs

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Rostec’s United Engine Corporation has developed the first Russian power plant, GTA-8RM, for offshore production platforms. The unit is designed to resist extreme conditions: saltwater, storms, and freezing temperatures. The first units will supply power to the Kamennomysskoye-Sea Arctic ice-resistant platform off the coast of the Yamal Peninsula.

The power plant can run on gaseous or liquid fuel. This feature lowers operating costs and streamlines maintenance. The platform will receive four GTA-8RM units, thus the total capacity of the power plant will be 32 MW.

“Earlier, Russia had to import foreign equipment for these purposes. With our scientific and industrial competencies, we can achieve full import substitution in this segment. The power plant based on GTD-8RM power plants is the first product in the range of units that we are working on. The equipment is capable of operating in extreme conditions and will be used to supply energy to offshore ice-resistant platforms. The first delivery is slated for 2023,” First Deputy General Director of Rostec State Corporation Vladimir Artyakov said.

Rostec also develops and manufactures a range of ground-based power units of 2.5 to 25 MW capacity, including GTES-2.5 and Ural-6000 gas turbine power plants and a high-power turbine GTD-110M.

The Kamennomysskoye-Sea field was discovered in 2000. It has 535 bcm of natural gas reserves. Production is planned to start in 2025 from 42 wells.

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ProX PC: Revolutionizing AI with Cutting-Edge Computing Hardware Solutions for India’s Growing Technology Needs

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ProX PC, a leading provider of custom computing solutions, is redefining the landscape of AI technology in India. With innovative hardware offerings and unparalleled support, the company has successfully implemented the largest AI-driven project across the nation, onboarding over 200,000 cameras for a major client in the oil and gas sector. ProX PC serves both government sectors and B2C markets, achieving a turnover of ₹8 crore in the fiscal year 2023-2024.

New Delhi, India – ProX PC, a pioneer in the field of high-performance computing hardware, is transforming the Indian AI industry with its state-of-the-art solutions. Founded by Arun Kaushik, the company has carved a niche for itself by providing custom-built hardware tailored to meet the complex demands of AI, edge computing, and high – performance data processing.

In an era where Artificial Intelligence is driving major transformations across industries, ProX PC has emerged as a reliable partner for organizations aiming to harness the power of AI for real-world applications. Recently, ProX PC played a pivotal role in deploying one of the largest AI projects in India, onboarding over 200,000 surveillance cameras for a leading player in the oil and gas industry. This project required high-end, scalable computing solutions capable of real-time data processing and analysis—a need that ProX PC met with its advanced AI-optimized servers and edge computing devices.

“At ProX PC, our mission is to empower organizations with the right tools to unlock the true potential of Artificial Intelligence,” said Arun Kaushik, CEO and Founder of ProX PC. “Our custom hardware solutions are designed to handle the massive computational workloads that AI demands, ensuring that our clients can innovate faster and more efficiently.”

ProX PC’s expertise extends across multiple industries and use cases. For the government sector, the company provides high-performance servers and edge AI devices that are designed to handle mission-critical tasks in surveillance, defense, and public safety. For B2C markets, ProX PC offers premium workstations for professionals in fields such as content creation, video editing, architectural design, and scientific research, ensuring that creatives and scientists have the computational power they need at their fingertips.

The company’s product portfolio includes a diverse range of configurations, from high – powered multi-GPU servers to versatile edge computing solutions. All of ProX PC’s products are crafted with a focus on high-performance AI workflows, enabling customers to drive innovation across sectors.

ProX PC’s financial growth reflects its increasing impact on the technology industry in India. In the fiscal year 2023-2024, the company achieved an impressive turnover of ₹8 crore, a testament to the quality and demand for its solutions. This growth also underscores the company’s dedication to supporting India’s digital transformation goals by providing world-class computing hardware solutions.

As ProX PC looks to the future, it remains committed to pushing the boundaries of what’s possible in AI. The company continues to invest in cutting-edge technology to ensure that its clients—whether in government, corporate, or consumer sectors—have access to the latest advancements in computing.

For more information on ProX PC’s products and solutions, please visit www.proxpc.com.

About ProX PC:

ProX PC specializes in custom-built computing solutions tailored for high-performance workflows, including AI, scientific computing, and content creation. With a mission to empower innovation across industries, ProX PC provides premium workstations, servers, and edge AI devices designed to meet the unique needs of professionals and organizations alike. ProX PC is headquartered in New Delhi, India, and serves both B2B and B2C markets, supporting government agencies, large corporations, and individual professionals.

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The Hub by infinite-VARIABLE Achieves NVidia GeForce Certification, Elevating Gaming and Community Experiences

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Pune, India — 04.11.2024 The Hub, powered by infinite-VARIABLE, is proud to announce its official certification as an NVidia GeForce Certified centre. This certification marks a significant milestone in The Hub’s mission to create a high-quality, immersive experience for gaming enthusiasts, artists, and tech innovators across India. As a certified NVidia GeForce partner, The Hub joins an elite group of global centres equipped to offer top-tier graphics performance and industry-leading gaming experiences.

This certification ensures that The Hub’s users can access the latest in graphics technology, meeting NVidia’s rigorous standards for performance, quality, and user engagement. As part of this certification, The Hub has its systems with NVidia’s cutting-edge GPUs, enabling seamless gameplay and offering a visually rich environment suitable for both professional gaming and creative development.

“We’re thrilled to become an NVidia GeForce Certified centre. This certification validates our commitment to providing an unparalleled experience for our community,” said Arnav Pralin Fadnavis, Founder of infinite-VARIABLE. “The Hub is not just a gaming space; it’s a tech and cultural innovation centre where creativity and cutting-edge technology merge. This partnership with NVidia elevates what we can offer to gamers, developers, and artists alike.”

An Enhanced Experience for the Gaming and Creative Community

The Hub provides community members access to an immersive environment where NVidia’s state-of-the-art graphics bring games, digital art, and virtual spaces to life. By incorporating NVidia’s powerful hardware, The Hub supports professional esports training, immersive 3D design, and virtual reality experiences—all under one roof. This partnership will also enable The Hub to host NVidia-endorsed tournaments and exclusive events, adding a new dimension to the community’s engagement.

Franchise Opportunities Available for Pan-India Expansion

With franchise options now available, infinite-VARIABLE invites partners to join in expanding The Hub across India, fostering a nationwide network of high-performance community spaces. This expansion aims to connect gaming, tech, and arts communities and provide franchisees with access to NVidia-certified technology and operational support.

About infinite-VARIABLE

infinite-VARIABLE is a visionary organisation dedicated to building adaptive community spaces that bridge the physical and digital realms. Established in 2020, infinite-VARIABLE has been at the forefront of creating versatile spaces that cater to the evolving needs of artists, tech enthusiasts, and entrepreneurs. From managing community hubs to launching initiatives that support emerging talent and drive innovation, infinite-VARIABLE is committed to sustainability, accessibility, and impactful growth.

Through its pioneering projects like The Hub and iVUniverse, infinite-VARIABLE continually reshapes what community spaces can be, creating environments that empower individuals to connect, create, and collaborate. The organisation’s mission emphasises sustainable practices, technological advancement, and community engagement, making it a leader in India’s burgeoning community-driven space industry.

About The Hub powered by infinite-VARIABLE

Since its inception, The Hub has been dedicated to creating inclusive, community-driven spaces that empower gamers, artists, and tech enthusiasts. Equipped with world-class facilities and powered by NVidia GeForce, The Hub is redefining gaming culture in India, emphasising sustainability, accessibility, and technological advancement. Through a range of unique offerings, including gaming rooms, blockchain workshops, and collaborative tech spaces, The Hub is committed to shaping the future of community spaces.

For more information about The Hub, NVidia GeForce certification, or upcoming events, please visit https://infinitevariable.com/the-hub-community or contact us at connect@ivuniverse.com.

Contact:

infinite-VARIABLE Media Relations

Rohan Bhardwaj

pr@ivuniverse.com

8261895572

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String Metaverse Expands Global Presence with UAE Approvals and BSE Listing on Oct 31st

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Hyderabad, India – October 28, 2024 – String Metaverse, a pioneering Web3 innovator, expands its global footprint with UAE regulatory approvals and Bombay Stock Exchange (BSE) listing on October 31, 2024. This dual milestone solidifies its position in AI-Blockchain innovation.

The Agentic Economy: Revolutionizing Commerce

String Metaverse’s “Agentic Economy” empowers self-learning AI agents to interact with humans and AI agents using cryptocurrency. Key features include:

  1. Agent-to-human and agent-to-agent commerce
  2. Generative AI-powered digital community commerce
  3. AI agents writing smart contracts with crypto wallets
  4. Real-world asset tokenization with transparency
  5. Blockchain-enabled user monetization

Regulatory Milestones:

String Metaverse has achieved significant UAE regulatory approvals:

  1. AI License
  2. Blockchain Node Operator License
  3. DEpin License from RAKDAO (Ras Al Khaimah Digital Assets Oasis)

“The future of commerce is here – autonomous AI agents transacting seamlessly with humans and machines, unlocking a multitrillion-dollar economy,” said Krishna Mohan, Founder.

Corporate Update:

String Metaverse merges with BIO Green Papers LTD, listing on BSE (Oct 31, 2024) under scrip code 534535, pending name change approval from ROC.

About String Metaverse
String Metaverse develops cohesive Web3 solutions integrating AI, blockchain and gaming technologies, focusing on practical digital commerce applications and regulatory adherence.

Web: https://www.stringmetaverse.com

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Cybersecurity Expert Discusses AI-Powered Solutions and Ethical Concerns in Protecting Data

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In today’s rapidly evolving cybersecurity landscape, utilizing advanced technologies has become essential for safeguarding sensitive information and countering cyber threats. Companies like American Express are leading the charge by integrating Artificial Intelligence (AI) and Machine Learning (ML) into their cybersecurity strategies. Madhusudhan Dasari, a senior data engineer with expertise in cyber analytics at American Express, offers valuable perspectives on the growing role of AI in cybersecurity and the future of the industry. Madhusudhan’s work at American Express centers on analyzing large volumes of cyber threat data, focusing on the data-driven aspects of information security. With deep knowledge in AI, ML, cybersecurity, and cyber analytics, he emphasizes the critical connection between cutting-edge technologies and robust cybersecurity measures.

One of his key areas of expertise is the development and deployment of AI-powered security tools, which help cybersecurity teams enhance their ability to detect and respond to threats more efficiently. AI-driven solutions, such as those for malware detection and data loss prevention, provide a proactive approach to protecting valuable information and reinforcing security infrastructures. However, as AI continues to play an expanding role in cybersecurity, ethical considerations must be addressed. Madhusudhan highlights the importance of responsible AI use in this field, stressing the need for transparent and ethical practices in cyber analytics and threat detection. Ensuring that AI is applied ethically will be critical to shaping the future of cybersecurity.

Madhusudhan says “To solve these ethical challenges, organizations must establish clear frameworks for the responsible development and deployment of AI in cybersecurity. This includes implementing rigorous testing and auditing of AI algorithms to ensure they perform ethically and accurately in real-world scenarios. Human oversight remains essential, and cybersecurity systems should be designed to work in tandem with skilled professionals, allowing for a balance between automation and human intuition. By adopting explainable AI (XAI) models, which provide transparency into how decisions are made, organizations can build trust and accountability in AI-powered security tools“.

He adds “Furthermore, ethical guidelines must be continually updated to keep pace with technological advancements, ensuring that AI is used responsibly and fairly within the cybersecurity domain. By addressing these concerns proactively, companies like American Express can ensure that AI remains a force for good in the ongoing battle against cyber threats”.

Looking ahead, Madhusudhan envisions AI and ML becoming seamlessly integrated into day-to-day cybersecurity operations. The combination of AI algorithms and cybersecurity protocols is expected to revolutionize how organizations manage incident responses, detect threats, and conduct threat-hunting activities. AI will be especially significant in enhancing security within cloud environments, improving security controls, detecting network intrusions, and safeguarding sensitive data stored in the cloud.

Additionally, the use of natural language processing for tasks like code generation and data analysis in cloud settings illustrates AI’s transformative potential in the cybersecurity arena.AI-powered mechanisms will also strengthens secure access controls and data protection, further increasing organizations’ resilience against the ever-changing landscape of cyber threats.

His article on NLP:

https://www.researchgate.net/publication/384246103_Analysis_of_Natural_language_processing_for_code_generation_by_using_COPRAS_Method

When reflecting on success and entrepreneurship, Madhusudhan highlights the significance of setting well-defined goals, staying persistent, and remaining open to new possibilities. For entrepreneurs in the cybersecurity field, overcoming obstacles, taking calculated risks, and keeping pace with emerging technologies are essential factors in achieving long-term success. As cybersecurity continues to evolve, organizations like American Express and experts like Madhusudhan Dasari remain at the cutting edge, driving forward innovations in AI-powered cybersecurity solutions.

By staying attuned to new trends, fostering a culture of ongoing learning, and embracing the transformative power of AI, businesses can proactively safeguard their digital assets and fortify their defenses against cyberattacks. The fusion of AI and ML holds great promise for enhancing threat detection, incident response, and data protection strategies. With forward-thinking professionals like Madhusudhan leading the way, the future of cybersecurity will be marked by increased resilience, adaptability, and a proactive stance in an ever-changing digital landscape.

Learn more at : https://www.linkedin.com/in/madhusudhan-ds/

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Embracing AI: A Balanced Approach for Professionals

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In the fast-paced world of financial services, Artificial Intelligence (AI) has become a cornerstone of innovation, reshaping the way professionals work and make decisions. The benefits of AI are numerous–ranging from enhanced efficiency to precise data analysis–yet, as AI continues to weave into the fabric of everyday operations, questions around its impact and ethical use emerge.

On one hand, AI has significantly boosted productivity in the workplace. Tasks that were once labour-intensive, like data processing, market analysis, or even customer service interactions, are now streamlined through AI systems. These intelligent machines process vast amounts of information quickly, allowing professionals to focus on high-level strategy rather than getting bogged down in routine work. For instance, AI in financial services can predict market trends, flag potential fraud, or tailor customer investment strategies–all with speed and precision. In capital markets, AI’s ability to analyze large data sets in real-time allows professionals to spot patterns that would otherwise go unnoticed, providing a competitive edge. This technology enables better decision-making, freeing up human creativity and strategic thought for more complex challenges.

Algorithmic trading now accounts for around 60% of overall trading activity, with AI increasingly integrated into trading algorithms to enhance efficiency. AI-driven models improve the accuracy of price and volume predictions, allowing for more precise trade execution. By leveraging AI, trading systems can better anticipate market movements and adapt strategies in real-time, boosting overall performance in the fast-paced trading environment.

Yet, with the rise of AI, professionals may become overly dependent on algorithms, allowing machines to dictate decisions that were once driven by human insight. While AI can offer compelling predictions, it still lacks the ability to fully understand the emotional, ethical, and contextual nuances that humans naturally consider in decision-making. In certain instances, an over-reliance on AI could narrow professionals’ thinking, discouraging them from questioning AI-generated insights or exploring alternative approaches. AI, for all its intelligence, lacks the creative leap or gut instincts that often lead to breakthrough ideas in the workplace.

Moreover, the ethical implications of AI in the workplace are becoming more pronounced. AI is only as good as the data it learns from, and biased or incomplete datasets can lead to skewed outcomes–particularly in areas like hiring, customer evaluations, or risk assessments. In financial services, a biased algorithm could misjudge an investment opportunity or a client’s risk profile, leading to potentially unfair or harmful decisions. For example, a biased algorithm used in client evaluations could unfairly assess creditworthiness, which could have lasting negative consequences. This raises the need for a human layer of accountability and constant monitoring to ensure AI systems are working as intended, without bias or unintended consequences.

Professionals must also consider the balance between AI automation and the human touch, particularly in an industry built on trust and relationships. AI may be able to handle client queries faster or predict financial outcomes more efficiently, but it cannot replace the reassurance of a trusted human advisor. Personal relationships, empathy, and intuitive understanding remain critical in fostering client trust–areas where AI, despite its many capabilities, still falls short.

As financial services continue to embrace AI, the challenge is clear: leveraging its transformative power while ensuring it enhances, rather than diminishes, human ingenuity. AI’s strengths lie in its ability to process and analyze data, but humans must remain at the helm, applying critical thinking and ethical responsibility. AI can monitor real-time data feeds, flag potential fraud, and make predictions, but it’s crucial for humans to oversee and verify its conclusions. The goal is not to let AI make decisions for us but to use it as a tool that empowers us to make better, more informed choices.

In this evolving landscape, the key lies in balance–AI can be a boon to productivity, but it must be managed carefully to avoid pitfalls. When combined with Robotic Process Automation (RPA), for example, AI’s capabilities can be extended further. RPA can handle repetitive tasks like data entry and compliance reporting, ensuring that financial institutions operate with both speed and accuracy. Together, AI and RPA offer a powerful combination, enabling firms to minimize operational risks while boosting efficiency.

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