Chaffee County Youth Alliance Announces 2023 Mini-Grant Opportunity

Chaffee County Youth Alliance Announces 2023 Mini-Grant Opportunity

On Thursday, Chaffee County Youth Alliance (CCYA), a community-based prevention program promoting positive youth development, announced its sixth annual mini-grant application for community organizations working with youth across Chaffee County. CCYA plans to distribute a total of $7,500, ranging from $1,000-$2,500 per grant award to support projects and programs focused on positive youth development (PYD) in Chaffee County. Grant applications are now open and may be requested by email by contacting Dibby Olson at dolson@chaffeecounty.org , or accessing the application form at bit.ly/CCYAMinigrant2023 . Grant parameters: Application deadline: 5:00 p.m. MST March 31, 2023 Decision date by committee: April 6, 2023 Award notifications: April 8, 2023 Award expenditure deadline: June 30, 2023 Projects must demonstrate that they are created, designed, and led by youth in Chaffee County End-of-project report required If the grant application is for an existing program, the proposed project/program must demonstrate a component authentically created and led by youth. Organizations that received mini-grants previously can be considered again as long as the proposed project/program meets grant requirements. Grant awards will be equally considered between Buena Vista and Salida. Positive Youth Development is: “an intentional, prosocial approach that engages youth… in a manner that is productive and […]

Analysts positive on NVIDIA's ChatGPT, AI opportunity

Analysts positive on NVIDIA’s ChatGPT, AI opportunity

© Reuters Analysts positive on NVIDIA’s (NVDA) ChatGPY, AI opportunity With the buzz of ChatGPT and other AI chatbots, analysts have speculated that it could benefit Nvidia (NASDAQ: NVDA ), and while Morgan Stanley analysts agree, they said in a research note that several reports have incorrectly characterized the direct opportunity for the company "in particular the revenue from Chat GPT inference." Nvidia shares are down more than 5% so far on Friday. "We think that GPT 5 is currently being trained on 25k GPUs – $225 mm or so of NVIDIA hardware – and the inference costs are likely much lower than some of the numbers we have seen," wrote the analysts. " Further, reducing inference costs will be critical in resolving the ‘cost of search’ debate from cloud titans." The analysts have an Equal-Weight rating and a $175 price target on Nvidia. However, they did state that deep learning for natural language was part of the firm’s Nvidia upgrade in 2018 "as deep learning activity was growing beyond vision applications into large language transformers." Elsewhere, Jefferies analysts raised the firm’s price target on Nvidia to 275 $225, maintaining a Buy rating on the stock. The analysts state […]

Yahoo to lay off 20% of its workforce

Yahoo to lay off 20% of its workforce

CNN — Yahoo said Thursday that it will cut 20% of its total workforce by the end of this year as it restructures its advertising unit, just the latest example of the layoffs spreading throughout the tech and media industries. A Yahoo spokesperson told CNN that the company’s legacy ad tech division, Yahoo for Business, will be overhauled and transformed into a new division called Yahoo Advertising. As part of that change, Yahoo plans to cut nearly 50% of the division this year, “including nearly 1,000 employees this week,” the spokesperson said. “These decisions are never easy, but we believe these changes will simplify and strengthen our advertising business for the long run, while enabling Yahoo to deliver better value to our customers and partners,” the spokesperson said in a statement. Axios, which was first to report the news, said the job cuts will impact more than 1,600 people in total. Yahoo did not immediately respond to a request for comment on the matter. Yahoo CEO Jim Lanzone told Axios in an interview that these changes will be “tremendously beneficial for the profitability of Yahoo overall,” and will allow the company “to go on offense” and invest more in […]

Bank Hapoalim CEO warns of judicial reform's results on business market

Bank Hapoalim CEO warns of judicial reform’s results on business market

Kotler said that every significant move the state makes will also be scrutinized by foreign investors. The logo of Bank Hapoalim, Israel’s biggest bank, is seen at their main branch in Tel Aviv, Israel July 18, 2016. Dov Kotler, Bank HaPoalim CEO, warned of the consequences of the proposed judicial reforms on the business market in a viral social media post late last month. Kotler said that every significant move the state makes will also be scrutinized by foreign investors . Yes, Israeli citizens own lots of property and companies, but these are also owned by important foreign investors. Over 50,000 people viewed the post, which received hundreds of comments. He warned about the business consequences that may follow the proposed reform and the impact of developments regarding the "legal revolution" on the largest bank in Israel, whose branches are spread all over the country. In the post, Kotler called not to take unilateral measures and explained his position in detail. He stated that he thought it was appropriate to write a personal post, both as a citizen and as a CEO who manages thousands of employees. Kotler said he heads an organization where partnership is a central value […]

BJ's Wholesale Club to open new store near ChampionsGate in Davenport's Posner Park

BJ’s Wholesale Club to open new store near ChampionsGate in Davenport’s Posner Park

A new BJ’s Wholesale Club will open next week in Davenport, just west of ChampionsGate in the 100-acre Posner Park mixed-use development. Peter Frangie , vice president for corporate communications for Marlborough, Massachusetts-based BJ’s Wholesale Club Holdings Inc. (NYSE: BJ), confirmed to Orlando Business Journal the new store will open Friday, Feb. 17 and will employ 150 workers. Why this matters: In addition to the jobs the new BJ’s Wholesale Club location has created, its opening may drive additional foot traffic and attract further investment to the area around Posner Park and ChampionsGate. BJ Wholesale Club’s job listings online currently reveal at least two positions for opticians the popular wholesaler still is looking to fill at the new Davenport location which, at 6360 Grandview Parkway, fronts Interstate 4 near its interchange with U.S. 27 in Orlando’s Four Corners region. BJ’s Wholesale Club Inc. bought the 11-acre property $5 million in April 2022 from City Center Property Holdings LLC, an entity related to Stamford, Connecticut-based Westport Capital Partners LLC, Polk County records show. The Davenport store joins a new BJ’s in McDonough, Georgia, outside of Atlanta, in opening this month, and the wholesale club will open its first Tennessee store […]

To Meet Sharp Increase in Demand for Digital Transformation Services, ACC Announces Strategic Hire of Michael Stephens

To Meet Sharp Increase in Demand for Digital Transformation Services, ACC Announces Strategic Hire of Michael Stephens

Automated Control Concepts appoints Michael Stephens as Executive Vice President Sales & Business Development – Manufacturing Digital Transformation in a strategic hire to support an increase in demand for the company’s digital transformation solutions. NEPTUNE, N.J., Jan. 19, 2023 /PRNewswire-PRWeb/ — Automated Control Concepts (ACC) , a provider of digital transformation solutions and consulting services to life sciences and manufacturing companies, today announced the strategic hire of Michael Stephens as Executive Vice President Sales & Business Development – Manufacturing Digital Transformation. Working together with ACC’s executive team, Stephens will focus on business development and strategy for ACC’s digital transformation and smart factory solutions for the manufacturing industry. Based out of California, Stephens will support the company’s growing client base across the U.S. and globally in manufacturing intelligence solutions. "Mike’s depth of experience, approach to solving operational problems and history of successfully leading his customers on their digital transformation journey aligns perfectly with ACC’s vision to enable our customers’ success by using technology and data," said Kevin Hannigan, CEO of Automated Control Concepts. "I’m excited to see Mike’s thought leadership help sharpen the focus of our team to deliver exceptional solutions to our customers." With more than three decades of […]

Zurich Selects AWS to Accelerate Digital Transformation and Deliver New Customer Experiences at Scale

Zurich Selects AWS to Accelerate Digital Transformation and Deliver New Customer Experiences at Scale

With AWS as its preferred cloud provider, global insurance leader will use AWS capabilities and the AWS Europe (Zurich) Region to speed innovation and meet regulatory and security requirements SEATTLE–(BUSINESS WIRE)– Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Zurich Insurance Group (Zurich), a leading multi-line insurer providing property, casualty, and life insurance solutions globally, is moving its enterprise information technology (IT) infrastructure to AWS. Zurich will use AWS’s reliable global infrastructure, advanced analytics, and machine learning technologies to deliver new digital customer experiences and drive automation at scale, in support of its worldwide digital strategy. As part of the multiyear strategic collaboration, Zurich will move 1,000 applications to AWS by 2025, including core insurance and SAP workloads. Zurich will move its critical applications to AWS, simplifying, modernizing, and automating the company’s infrastructure. This approach will provide flexible and scalable application environments, enabling agile product development. Using Amazon Relational Database Service (Amazon RDS), Amazon Aurora (AWS’s fully managed MySQL and PostgreSQL-compatible relational database built for the cloud), and AWS App Runner (AWS’s service to quickly deploy containerized web applications and APIs), Zurich will develop and bring new products to market quicker, saving approximately $30 […]

Noventiq applauded by Frost & Sullivan for supporting unified communications & collaboration, digital transformation and hybrid work with its Total Voice solution

Noventiq applauded by Frost & Sullivan for supporting unified communications & collaboration, digital transformation and hybrid work with its Total Voice solution

Noventiq’s purpose-built unified collaboration and communication platform sets it apart from its competitors, with superior design, latency, reliability, governance model and cost savings SAN ANTONIO, Feb. 8, 2023 /PRNewswire/ — Frost & Sullivan recently researched the collaboration services market, and, based on its analysis results, recognizes Noventiq (formerly Softline) with the 2022 Latin America Product Leadership Award. Noventiq, the London-headquartered leading digital transformation and cybersecurity solutions and services provider for emerging markets, is one of Microsoft’s top global partners, empowering customers to measure and manage their voice with specificity and granular detail through continuous innovation and leadership. Hosted on Microsoft Azure, TOTAL VOICE uses a single, centralized telecommunications infrastructure to achieve significant cost savings, deliver latency and reliability, and address the challenge of cloud communications. Continue Reading Noventiq Noventiq’s TOTAL VOICE uses real-time communication protocols for customer-facing and back-end connections. The solution is compatible with digital, analog, or IP telephony and can be used with any system that combines these technologies. It also supports operations with any blend of trunking devices, such as network border controllers and gateways from diverse manufacturers, enabling routing and cost-tracking across any company’s network. The solution allows organizations to make automated routing decisions on […]

Faro Health Secures $20 Million to Scale the Digital Transformation of Clinical Studies

Faro Health Secures $20 Million to Scale the Digital Transformation of Clinical Studies

SAN DIEGO, Feb. 08, 2023 (GLOBE NEWSWIRE) — Faro Health Inc. , a cloud-computing company that is developing digital infrastructure for smart clinical trials, today announced $20 million in additional funding. The round was led by global venture capital firm General Catalyst with participation from previous investors Section 32 , Polaris Partners , Zetta Ventures , and Northpond Ventures . General Catalyst Partner Elena Viboch will join Faro’s Board of Directors. Designing and executing clinical trials has become increasingly complex. However, the tools to support these studies have not kept up. Protocols are still drafted as long-form documents and authors have no tools to evaluate their complexity or burden on patients. At the same time, the number of endpoints measured in a clinical study has grown by 27% over the past decade and patients are asked to undergo 44% more assessments, which can range from written data collection to a blood draw. This growth also shows no signs of slowing down. Existing tools for clinical study protocol development have not evolved to handle the growing complexity of the study data required to support market access, and there are no tools to support rapid translation of a protocol into the […]

Digital Transformation to Accelerate Construction Growth in 2023 – Part One

Digital Transformation to Accelerate Construction Growth in 2023 – Part One

The construction and infrastructure sector has undergone a significant transformation recently, with the COVID-19 pandemic accelerating the pace of digitalisation in the industry By 2030, digitalisation will have driven a surge in construction growth, with companies seeing increased efficiency, improved productivity, and enhanced safety. We will explore some critical technological innovations that will transform the construction industry. However, some challenges are also to be aware of, such as investing in new software and hardware and ensuring that suitable security measures are in place. Build Warranty has set its sights on being the leading digital insurer in the construction warranty market, to align itself with the digital advancements in the construction Industry. Build Warranty Group have made extensive investment in its IT department and the creation of its own `LDI Tech’ platform. It offers advanced technical auditing features for surveyors with client and partner Apps for enhanced user engagement. It is expected other providers will follow suit as the construction industry continues embracing digital transformation in the coming years. Digital Transformation in Construction: An Overview Digital Transformation in Construction refers to integrating digital technologies into the design, planning, construction, and maintenance of buildings and infrastructure. It involves the use of […]