Author: omc_admin

We’re finally getting a good glimpse of what Google looks like when it’s fully transformed by AI.Last year’s I/O brought an onslaught of AI announcements and a sense the search giant was trying to prove it still had the juice to lead this race, blasted by a lot of disparate products and demos. This year, a clearer picture is emerging of how Google sees the future of its core products, including what CEO Sundar Pichai called a “total reimagining” of Search during a roundtable with press ahead of the event. This includes a more conversational-type search called AI Mode and…

Technologist Luis von Ahn was recently asked if AI is a threat to the company he runs, Duolingo.He said many companies could be disrupted, including Netflix.”That’s one of the things that is scary about the world that we live in,” von Ahn said. “With AI and large language models, we’re undergoing a platform shift.””I’m not super worried, but you just never know. And it’s not just for Duolingo, it could be all kinds of things, right?” he added. “I mean, it could be a threat for Netflix. It could be that just a large language model — just press a…

OPEC’s expectations of global oil demand growth “remain generally optimistic,” despite recent headwinds including risks to trade and the global economy, OPEC Secretary General Haitham Al Ghais said on Tuesday.Al Ghais chaired the 17th Technical Meeting of OPEC and Non-OPEC Countries Participating in the ‘Charter of Cooperation’ (CoC), which was attended by delegates from OPEC+ countries and select industry experts.The technical meeting focused on and discussed the short-to medium-term outlook of the global oil market, including demand, supply, and trade, as well as the global economy, the OPEC Secretariat said.In his opening remarks to the panel, Secretary General Al Ghais…

Mobile robots aimed to enhance human efficiency and productivity have become more attainable over the last decade as technology has improved allowing for larger-scale automation and better cost efficiency. Their ability to adapt and collaborate with other people and systems is further driving demand at a time when companies are no longer willing to sacrifice flexibility for performance. “The trade-off between flexibility and performance is no longer appealing,” says Jeff Larson, director of solutions design for Ocado Mobile Robot Systems, Ocado Intelligent Automation. “In fact, warehouses now require an additional third element: adaptability. That’s where mobile robotics comes in. Also driven…

TDI-Brooks has recently finalized a geological evaluation in the Gulf of America/Gulf of Mexico on behalf of Enbridge. For this project, TDI-Brooks utilized the R/V BROOKS MCCALL, executing 38 piston cores (PC), 7 gravity cone penetration tests (gCPTs), and 82 box cores (BC). TDI-Brooks geotechnical tool set onboard the BMCC consisting of piston, 20-m jumbo piston and box cores, 40-m CPT-Stingers and 40-m Stinger-Sampler TDI-Brooks has conducted previous geotechnical projects for Enbridge in the Gulf of America/Gulf of Mexico. All samples gathered will be examined at TDI-Brooks’ Geotechnical Laboratory located in College Station, Texas. TDI-Brooks has engaged GEMS/Geosyntec…

Oil interests have funded cultural institutions such as museums, youth organizations and athletic groups in recent years, new research shows, in what appears to be a public relations effort to boost their image amid growing public awareness of the climate crisis.Top US fossil fuel lobby group the American Petroleum Institute (API) sponsored a 2017 workshop for the Pennsylvania Girl Scouts, featuring “activities that mimicked work in the energy industry”. Energy giant BP in 2016 sponsored Washington DC’s National Gallery of Art and continues to fund the British Museum in London. And in 2019, Shell sponsored the golf event the Houston…

Low carbon mobility-focused finance and investment firm Neot Capital announced the launch of Neot e-motion, a new leasing platform dedicated to zero-emission mobility in Europe. The new platform is being launched with €350 million (USD$394 million) in equity commitments from investors including Alba Infra Partners, Mirova, and the Banque des Territoires. Founded in 2016, Paris-based Neot develops and manages investment platforms dedicated to low-carbon mobility projects following a model of enabling the financing of ambitious infrastructure projects led by public authorities and transport operators by removing barriers related to CapEx and technology risk. The firm launched its flagship platform Neot…

Press Release   Brussels, 20 May 2025   The results of the second auction of the European Hydrogen Bank have been published: 15 projects across the EU will receive a total of €992 million, with the goal to produce 2.2 million tonnes of renewable hydrogen over ten years, avoiding 15 million tonnes of CO2 emissions. Hydrogen Europe congratulates its members on the successful submission of the projects! The selected projects span strategic sectors such as transport, chemicals, methanol, and ammonia production. Backed by revenues from the EU Emissions Trading System (ETS), the funding will help bridge the gap between renewable hydrogen production…

From earthquakes to ransomware, global supply chains have faced no shortage of disruption over the past two decades. And if the past is any indication, the next major shock could be just around the corner. What’s RelatedThat’s one of the key messages from WTW’s newly released 2025 Global Supply Chain Risk Report. Drawing on a survey of 1,000 senior supply chain and risk leaders across industries and geographies, the report reveals how businesses are rethinking risk management after years of upheaval. While the report is forward-looking, focusing on geopolitical instability, cyber threats, and rising costs, it also emphasizes the importance…

Alternative asset manager Patria Investments announced the launch of Omnia, a new platform aimed at developing, building and operating large-scale data centers across Latin America, fully powered by green, renewable energy. Patria said that the new platform will initially focus on 100+ MW campus projects, tailored to high-density AI workloads, with expected investments above $1 billion. The launch of the new platform comes as demand for sustainability in data centers is growing, as the rapid growth of AI threatens to challenge global carbon emissions reduction efforts. The IEA estimates that AI-driven data center power usage could double by 2026 and expand rapidly over…