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President Joe Biden’s administration is setting out plans for the US to triple nuclear power capacity by 2050, with demand climbing for the technology as a round-the-clock source of carbon-free power.
The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. Looking ahead to 2025, Lalchandani identifies several technological trends that will define the Middle Easts digital landscape.
Looking ahead to 2025, what do you see as the key technology trends that will shape the Middle Easts digital landscape? By 2025, several key technology trends will shape the Middle Easts digital landscape. Investments in healthcare technologies will grow, driven by national health strategies and pandemic-driven innovation.
Even after the collapse of WeWork, the investors are doubling down on a similar business model as part of a syndicate investing $700 million into REEF Technology. Meanwhile, REEF Technology and Oaktree are collaborating on a $300 million real estate investment vehicle, the Neighborhood Property Group, as Bloomberg reported on Monday.
At the Mobile World Congress (MWC) 2025, Huawei has positioned itself at the forefront of technological innovation, showcasing its latest advancements in 5G, artificial intelligence, and cloud computing. This is particularly relevant for the UAE, which has set ambitious sustainability goals, including its Net Zero 2050 plan.
His firm has an impact fund focused on the future of food and began investing in alternative proteins in 2016 before expanding that to delivery systems in agriculture technology, he said. We don’t want to pollute the Earth, but we have to find a way to feed 9 billion people by 2050,” Obloj said.
gigatons of carbon dioxide every year by 2050. . Riley said Samsara’s technology ensures that plastics no longer need to be made from fossil fuels or plants (both have a significant environmental impact) and won’t end up in landfills or our oceans. .
Step in Minna Technologies , which sells in its subscription management services into banking apps. million/£14 million) in Series B fundraising from Element Ventures, MiddleGame Ventures, Nineyards Equity and Visa, to expand its open banking technology to banks globally. But most banks don’t have much of an answer. million (€15.5
This joint venture will bring our exciting approach to renewable energy and technology to the world’s largest competitive energy market, and the investment will turbocharge our mission to revolutionize energy globally,” said chief executive Greg Jackson (pictured above) in a statement. Japanese renewables lag the U.K. in the U.K.),
The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. . The Frontier Fund is a step outside of mobility.
. “India is home to one of the world’s youngest populations, and by 2050, it is expected to account for over 18% of the global working age population,” said Arundhati Bhattacharya, chairperson and CEO, Salesforce India, in a statement.
With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies. Group14’s key technology is a silicon-carbon powder that can either replace or augment graphite anodes.
The technology industry is often thought of as being the domain of the young and the new. But one of the things I’ve learned on my journey in co-founding my latest startup is that technology should be enabling and accessible to all, and nowhere is this more critical than for empowering our older adults. billion in 2050.
The partnership supports the objectives of the UAE Net Zero by 2030 Strategic Initiative and Du’s commitment to achieving Net Zero by 2050. The UAE Net Zero Strategy initiative is a national drive to achieve net-zero emissions by 2050, making the Emirates the first MENA country to do so.
Its time to bring pragmatism to the table by unleashing technology where it matters, to enable a cleaner, more resilient and more productive economy. And the problem will only get worse, with population growth and urbanization expected to lead to $187 trillion of spending on the construction of new buildings from 2020-2050.
Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. “Participating LPs [Korean conglomerates] are passionate about climate technology and want to take part to address the climate and environment issue as they agree that the climate crisis is one of the urgent problems.”
In the Japan Rugby 2050 guidelines, the JRFU has set a goal to make Japan the most accessible country in the world to rugby, and to be a global frontrunner to host the Rugby World Cup again. Our main job is managing the sports organizations since were not as knowledgeable about technology, says Muroguchi.
The META region is on the brink of a technological revolution, with governments and businesses accelerating their efforts to embrace AI and GenAI technologies. Several industries in the region are set to undergo significant digital transformation, with AI and emerging technologies taking center stage.
Energy Information Administration forecasts 47% higher global energy demand by 2050. [1] 2] But by 2050, as we collectively seek to meet net-zero targets, 90% of the world’s electricity is predicted to come from renewable sources. [3] The future is renewable Growth in energy demand is unlikely to change. EIA , October 2021. [2]
The new European climate-focused investment firm 2050 , and La Famiglia , a fund with strong ties to big European industrial companies, also participated alongside several undisclosed angel investors from the Bay Area. As a result, we’re seeing unprecedented growth in the climate technology market and we expect it to continue to explode.
There is growing awareness of the need to build capacity to remove CO 2 from the atmosphere to achieve net zero by 2050. ” A breakdown of the costs associated with different carbon capture technologies. We are enthusiastic about this collaboration with Climeworks. Image Credit: Climeworks.
Gysin — the CEO of Wisk Aero, a leading AAM company that recently received $450 million in funding from Boeing — has more than 30 years of experience in the autonomous vehicle, energy, IOT and enterprise high-technology industries. Register today and reserve your seat before prices increase next week !
The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. “We have to double the amount of food we have to create by 2050, and if you look at where there are enough resources to grow food — all signs point to Africa.
The world is headed for a food shortage by 2050 as its population increases, so anything to make it easier for farmers to grow food will go a long way. Or more simply, uses sensing and satellite technologies so plants can “talk” to their growers. Than Hartsock, director of corn and soybean production systems for Deere & Co.,
Vow ’s first product brand, Morsel, which was created from its cultured meat technology, will go into Singapore restaurants by the end of this year. Cell-based technology is one of the solutions increasingly used that creates meat from the cells of animals instead of the animals themselves. million in Series A funding.
Electrification technologies have yet to account for ways to propel aircraft or move massive seafaring vessels, and a consensus is emerging among technologists that hydrogen will be the best solution to ensure zero-emissions flight can become a reality. We are not building new technology in the hydrogen manufacturing space.
But the underlying technology can be used for just about any use-case, from resource-intensive enterprise applications through to web 3.0, “The company’s technology complements Epic’s Unreal Engine by enabling massive amounts of concurrent users and unlocking new tools for creators and developers.”
Many vessel operators are committed to bringing down carbon emissions for ethical reasons; they also need to comply with the International Maritime Organization 2030 and 2050 Decarbonization Targets. Greywing was created in 2019 after founders Clarke and chief technology officer Hrishi Olickel met at Entrepreneurs First in Singapore.
The impact of this technology is clear. It disincentives investment in technologies that would raise income on average, because the future is unknown,” Carter said. The technology also raises this question: Is real-time identification really the best option for pest management? Image Credits: FarmSense.
On the bright-ish side, research shows that 69% of Americans want our nation to become carbon neutral by 2050. And Walker sits on the board of Believer (formerly Future Meat Technologies), which focuses on lab-grown chicken; Greenlight, a firm applying RNA tech to agriculture; and Hazel, which focuses on boosting the shelf life of produce.
In addition to Coatue, which led the round, existing investors Balderton Capital, New Wave, La Famiglia and 2050 also participated in the round. “We believe Sweep is the leading technology in this competitive landscape, effectively supporting sustainability efforts from measuring and target-setting to reducing and reporting.
The outlook is bleak: The United Nations estimates food production will need to double to feed the nearly 10 billion people expected to populate the planet by 2050. Overcultivation, human-made climate change and diminishing sources of water are all contributing to a future where food insecurity will be a gigantic problem.
based spaceflight company Orbex and is an engineering and technology management veteran with more than 30 years’ experience. He is also a Chartered Engineer and a Fellow of the Institution of Engineering and Technology (IET). Martin Coates Contributor Martin Coates is the CEO of U.K.-based
As part of this transition, the company is aiming for a net-zero carbon footprint by 2050. While some of these are modern, cutting-edge elements of the tech stack, they also carry the load of outdated technologies that require transformation.
Experts predict that by 2050, up to 370 million people could face food insecurity due to these changes. SupPlant recently adopted advanced vector search technology within Astra DB to enhance our data retrieval capabilities. AgTech startup SupPlant is working to tackle these challenges through innovative AI-driven solutions.
Planetary , a Geneva, Switzerland-based food tech company, is tapping into a new $8 million cash infusion to construct an industrial-scale production facility so that its customers leveraging fermentation technology can create and scale their alternative proteins quicker. We are also already looking for U.S. manufacturing sites,” he added.
Over its more than 130 years, Tubos Reunidos has gone through various phases of modernization and expansion, including incorporating new technologies and more efficient production processes to stay competitive in a fast-paced market. The need to modernize has only intensified over the last decade.
billion by 2050, and members of this cohort — who are leading longer, active lives — have plenty of money to spend. China’s technology scene has been in the news for all the wrong reasons in recent months,” Anna Heim and Alex Wilhelm write about the Chinese government’s crackdown on a host of technology companies.
trillion every year between now and 2050, according to McKinsey. Technology that improves how much we can utilize and enjoy these spaces at any stage of a building’s lifespan is relevant and valuable. “Those that survive will have an opportunity to expand market share.”. And the potential market is enormous. That’s what matters.
Meanwhile, SMO Solar Process , which took part in Zebox Caribbeans, developed solar-based technology that turns carbon-based waste into other materials, like hydrogen, biochar and carbon powder. This is an especially critical area for CMA CGM Group, since its goal is to reach net zero carbon by 2050.
When it comes to sustainable infrastructure development, technology is making terrific leaps and bounds. With its $25 million Series B funding — which takes its total funding to over $42 million — Banyan Infrastructure is seeking to align sustainable project finance with the technology it is meant to support and develop.
Net Zero Commitment: Cloudera has committed to reducing carbon emissions and reaching Net Zero by 2050. With each technology advancement, Cloudera moves closer to creating a sustainable analytics ecosystem.
A report from non-profit Endeavor predicts that the market size of Africa’s digital economy could reach $712 billion by 2050 , fuelled by the nation’s young population, rising smartphone adoption, and increasing internet penetration. Africa’s digital economy and tech ecosystem is experiencing exponential growth.
The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. The combination of our young and digitally savvy population, an emerging technology ecosystem and the impact of the COVID-19 pandemic on behaviors is set to trigger an inflection point in our digitization journey.
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