Author: omc_admin

Every influential scientist has an origin story — and the “Godmother of AI” is no different.Fei-Fei Li, a Stanford professor best known for her work on ImageNet, is now the founder of World Labs, a one-year-old AI startup that’s already valued at over $1 billion.Her start, however, was far more humble.Li immigrated to the United States from China at the age of 15 and helped her parents run a dry-cleaning business in Parsippany, New Jersey, to make ends meet.”We were not financially very well off at all. My parents were doing cashier jobs and I was doing Chinese restaurant jobs,”…

(WO) – D-Tech Rotary Steerable has fully commercialized its OmniSteer™ rotary steerable platform after the tool surpassed one million ft drilled across multiple basins, marking a key milestone for the company’s decade-long development effort.  The OmniSteer platform has undergone more than ten years of engineering refinement and field testing, integrating upgrades in digital control systems, mechanical design and reliability, according to D-Tech. The unified system connects the company’s RSTConnect™ surface software with its downhole rotary steerable tool, enabling operators to calibrate and analyze tool performance in real time. The platform includes updated firmware and automated steering algorithms designed…

The world is not winning the fight against the climate crisis but it is still in that fight, the UN climate chief has said in Belém, Brazil, after a bitterly contested Cop30 reached a deal.Countries at Cop30 failed to bring the curtain down on the fossil fuel age amid opposition from some countries led by Saudi Arabia, and they underdelivered on a flagship hope – at a conference held in the Amazon – to chart an end to deforestation.But in a fractious era of nationalism, war and distrust, the talks did not collapse as was feared. Multilateralism held – just.“We…

(WO) – Two of the UK energy sector’s most influential figures—Sir Ian Wood and Martin Gilbert—issued a blunt warning this week that the UK risks losing its world-class North Sea workforce and critical offshore capabilities unless the government reverses what they describe as a “punitive” fiscal regime. In a joint statement, the former Wood Group and Aberdeen Asset Management chiefs said the Energy Profits Levy (EPL), or windfall tax, is accelerating an exodus of investment from the UK continental shelf, undermining both energy security and the workforce required to build out future offshore renewables. “The North East’s world-class skills base…

In the vast expanse of Eurasia, a quiet but profound transformation is underway. The growing economic cooperation between China and Russia is reshaping trade routes, energy flows, and the geopolitical balance across the region. What began as a pragmatic alignment of neighboring powers has evolved into a durable partnership built on mutual interests, shared challenges, and a rapidly shifting global landscape. As the war in Ukraine continues to unsettle global markets and politics, Moscow and Beijing have found in each other a critical partner — one offering stability amid turbulence. Facing Western sanctions and a restructured trade environment, Russia has…

Joseph Pallant, CEO of Great Bear Carbon Credit Corporation sat down with ESG News CEO & Editor-in-Chief Matt Bird, to explore one of the world’s most significant Indigenous- led conservation finance initiatives — a carbon project spanning over 3 million hectares of First Nations territory along the coast of British Columbia. Great Bear Carbon is a 100% Indigenous-owned organization, representing seven First Nations whose lands form one of the globe’s most ecologically rich and culturally important forest ecosystems. For more than 15 years, these Nations have been generating carbon offsets under the BC Carbon Standard, preserving old-growth forests and coastal landscapes that play a critical role in both…

Coverage of the “On the Ground at COP30: Insights from Gayle Schueller, Chief Sustainability Officer at 3M” was produced by UN Global Compact Network USA. Belém, Brazil — COP30 – Speaking from the heart of Amazonia, Gayle Schueller, Chief Sustainability Officer at 3M, shared candid insights on what distinguishes COP30 from past climate summits — and why she believes this year marks a pivotal turning point in global climate action. Schueller described COP30 as “the COP of implementation,” emphasizing that the global community has finally moved beyond negotiation cycles and into the phase of real-world delivery. Ten years after the Paris Agreement,…

It made for an irresistible narrative.The large, slow incumbent — in this case, Google — was caught flat-footed by a more nimble upstart by the name of OpenAI. It was the type of story Silicon Valley built its legend on.In Sundar Pichai’s first letter to shareholders in 2016 after becoming CEO, he said Google would shift to an “AI-first world.” Yet, in late 2022, a relatively unknown company suddenly pulled the rug from under Google’s feet. ChatGPT was an overnight sensation, and Google, which had long seen itself as the leader in AI, appeared to be lagging behind.In the years…

For Slack cofounder Stewart Butterfield, embarrassment can be a useful and motivating tool.Butterfield led Slack, which is now owned by Salesforce, from 2009 to 2023 as CEO. In 2014, he gave an interview where he called the early product “terrible.” Employees responded by putting posters up around the office, he said on “Lenny’s Podcast” — but he stands by it.”I try to instill this into the rest of the team, but certainly I feel that what we have right now is just a giant piece of shit,” he told the MIT Technology Review in 2014. “Like, it’s just terrible, and…

Dynamis Power Solutions LLC has awarded Baker Hughes Co a contract for the supply of 25 aeroderivative gas turbines with a combined capacity of 1.3 gigawatts (GW). The turbines, including LM2500, LM6000 and LM9000, will be deployed for “mobile power generation across a wide range of oil and gas applications, including upstream, refining and petrochemical”, said a joint statement Thursday. “Dynamis packages gas turbines and generators in its distinctive mobile power solutions. As part of the agreement, Dynamis will package 10 of Baker Hughes’ efficient and dry low emissions LM9000 gas turbines in a new offering called the DT70-70 MW,…