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Verkada Expands Leadership Team to Drive JAPAC Channel Growth

Boudewijn Pesch Joins Verkada as Vice President of JAPAC Channel Sales

SAN MATEO, Calif., Jan. 15, 2025 /PRNewswire/ — Verkada,
Boudewijn Pesch, Vice President of Japan and Asia-Pacific Channel Sales at Verkada

“Boudewijn’s extensive experience and proven track record in the JAPAC region make him the ideal leader to further our mission of delivering integrated, privacy-respecting security solutions at scale,” said Eric Salava, Chief Revenue Officer at Verkada. “His leadership will accelerate our efforts to strengthen channel relationships and bring our cutting-edge technology to even more organizations across JAPAC.”

Pesch joins Verkada with over 30 years of experience in sales and regional leadership roles. Most recently, he served as Vice President of APAC at Axis Communications, where he rebuilt the company’s APAC organization to better serve partners and customers. Throughout his career, Pesch has demonstrated a commitment to driving growth through collaboration and building long-term partnerships in the region.

“I am honored to join Verkada and contribute to its growth in the JAPAC market,” said Boudewijn Pesch, Vice President of JAPAC Channel Sales at Verkada. “Verkada’s innovative approach to physical security and business analytics, combined with its dedication to privacy, presents a unique opportunity to transform how organizations understand and protect their communities. I look forward to working with our partners to bring Verkada’s solutions to more customers across the region.”

Verkada’s commitment to the JAPAC region is evident through its growing customer base, which includes organizations such as City Beach, the Chiba Lotte Marines, Brighton Grammar School, and Sharp Fukuyama Laser. The company has also established partnerships with leading integrators and channel partners across the region, ensuring seamless implementation and support for its industry-leading solutions. Today, Verkada has more than 28,000 customers globally, serves 89 of the Fortune 500, and has 2,100+ employees across its 15 global offices. The company is valued at $3.5B and has raised $456.6M to date.

About Verkada
Designed with simplicity in mind, Verkada’s six product lines — video security cameras, access control, environmental sensors, alarms, workplace, and intercoms — provide unparalleled building security through an integrated, cloud-based software platform. Over 28,000 organizations across 85 countries worldwide, including 89 of the Fortune 500, trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. For more information, please visit www.verkada.com.

Supermicro Empowers AI-driven Capabilities for Enterprise, Retail, and Edge Server Solutions

Retailers Can Leverage AI to Increase Revenue and Reduce Costs with Supermicro and NVIDIAs Collaboration

SAN JOSE, Calif. and NEW YORK, Jan. 15, 2025 /PRNewswire/ — National Retail Federation (NRF) — Supermicro, Inc. (SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, is showcasing the latest solutions for the retail industry in collaboration with NVIDIA at the National Retail Federation (NRF) annual show. As generative AI (GenAI) grows in capability and becomes more easily accessible, retailers are leveraging NVIDIA NIM microservices, part of the NVIDIA AI Enterprise software platform, for a broad spectrum of applications.

Super Micro AI Solutions for Enterprise and Retail

“Supermicro’s innovative server, storage, and edge computing solutions improve retail operations, store security, and operational efficiency,” said Charles Liang, president and CEO of Supermicro. “At NRF, Supermicro is excited to introduce retailers to AI’s transformative potential and to revolutionize the customer’s experience. Our systems here will help resolve day-to-day concerns and elevate the overall buying experience.”

To learn more about Supermicro’s AI solutions for retail organizations, visit www.supermicro.com/RetailAI

Innovation in front-of-house and back-of-house use cases – such as personalized shopping experiences, automating logistical processes, and preventing shrinkage – enable retailers to attract customers to their establishments and improve their profitability.

Supermicro at NRF

Retail AI solutions like the ones mentioned above require specialized hardware to deliver optimal results. Supermicro offers the industry’s broadest portfolio of edge AI solutions, giving retail organizations the tools to optimize the ROI of their AI-based applications. By processing data directly where the customers are located, results are delivered with minimal latency, creating an exceptional user experience. At NRF, Supermicro is showing the latest systems designed to deliver high-end performance to retail locations:

  • SYS-112B-FWT: This 1U, short-depth system offers powerful edge compute, utilizing the latest Intel Xeon processors. Despite being less than 17″ in depth, it can hold NVIDIA L40S GPUs.
  • AS -1115S-FWTRT: Leveraging AMD’s EPYC series processors, this 1U, short-depth system offers customers flexibility in both core counts and GPU capability by having the capacity to hold a single double-width NVIDIA L40S GPU.
  • SYS-E403-14B: A compact server capable of delivering data center performance at remote and space-constrained locations. This compact system can accommodate 2 single-width or 1 double-width GPU cards, including the NVIDIA L40S or NVIDIA RTX 6000 Ada Generation GPU, in remote edge locations.
  • SYS-212B-FN2T: The 2U, short-depth edge AI system offers more features and capacity compared to the competition and supports multiple data streams or workloads. Optimized for inferencing at the edge, the SYS-212B-FN2T supports up to 2 double-width GPU or single-width GPUs, such as the NVIDIA L4 GPU.
  • SYS-222HE-TN: A 2U powerhouse, this dual-processor system features the latest Intel Xeon processors bringing data center power into a shorter-depth platform. With the ability to hold up to 3 NVIDIA L40S GPUs, it brings serious inferencing power to the customer.
  • AS -2115HE-FTNR: A uniprocessor, 2U system based on the latest AMD EPYC family. This system offers a maximum dual-width GPU density of 4 cards such as NVIDIA L40S GPUs.
  • SYS-322GA-NR: For the most demanding workloads, this powerful and versatile 3U edge AI platform offers 10 PCIe 5.0 x16 slots or 20 PCIe 5.0 x8 slots (in physical x16 slots). These slots can be fitted with up to 8 double-width GPU cards, such as NVIDIA’s H100 GPU leveraging NVIDIA NVLink. Alternatively, the system can be configured with 19 single-width GPU cards, such as NVIDIA’s low-profile or single-width product families, or combined with different add-on cards, such as graphics controllers, making this system ideal for environments including large control rooms.

An AI use case on display at the Supermicro booth is a customer service application built with the NVIDIA AI Blueprint for digital humans. It features James, a computer interface that mimics the experience of interacting with a real person. Digital humans are virtual avatars that look, act, and think like a human would. In retail, this technology can be deployed to provide customers with a personalized shopping experience, a shopping assistant, and a customer service representative all in one solution.

A second live demo is the NVIDIA AI Blueprint for retail shopping assistants, a generative AI reference workflow designed to transform shopping experiences online and in stores. The blueprint provides the technologies for building shopping assistants that can search for multiple items simultaneously, answer contextual questions like whether a product is waterproof, and visualize furniture in physically accurate scenes, such as a customer’s living room.

A third use case being demonstrated harnesses the NVIDIA AI Blueprint for video search and summarization to combat the growing issue of shrinkage. Shrinkage occurs when products leave a store and are not paid for. Loss due to shrinkage costs retailers an estimated $100+B annually in the US alone. By using AI-based solutions, retailers can interpret camera input in real time and identify mix-ups at the checkout as they occur, providing direct feedback to the retail store and the customer.

NRF visitors can find Supermicro at booth #3165. At the NRF 2025 Expo, January 12-14 in New York City, Supermicro and NVIDIA are collaborating to introduce retailers to AI’s transformative potential. For more information, visit https://nrfbigshow2025.smallworldlabs.com/co/super-micro-computer-inc

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro’s motherboard, power, and chassis design expertise further enables our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

MEDIA ADVISORY: UN Global Compact Hosts Sessions at the SDG Tent in Davos to Drive Business Action on the Sustainable Development Goals

NEW YORK , Jan. 15, 2025 /PRNewswire/ —

WHAT:
The United Nations Global Compact invites media and stakeholders to join impactful and interactive discussions at the SDG Tent during the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. These sessions are designed to accelerate progress on the Sustainable Development Goals (SDGs) and inspire transformative business action.

The SDG Tent is an inclusive and collaborative community meeting point where no WEF badge is required to attend. Visitors can also enjoy a warm beverage and snacks in the café.

WHEN:
21–22 January 2025

WHERE:
SDG Tent @ Hotel National
Obere Strasse 31, 7270 Davos Platz

Conveniently located a 7-minute walk from the Davos Platz train station and an 18-minute walk from the WEF Congress Centre.

FEATURED UN GLOBAL COMPACT SESSIONS

Investments in Technology and Innovation: Leading on Responsible Business for People and Planet
Date
: 21 January 2025
Time: 7:00 – 8:30 CET
This exclusive executive breakfast will explore the role of innovation and technology, including AI, in driving sustainability and inclusivity. The session will feature three fireside chats highlighting:

  • Real-world examples of linking gender equality and innovation.
  • AI’s role in enabling a sustainable transition, focusing on finance, climate, and nature.
  • Opportunities for inclusive economic growth in technology and innovation.

Leadership Dialogues Luncheon: 2025 Roadmap for Policy Advocacy
Date
: 21 January 2025
Time: 11:30 – 13:30 CET
This high-level luncheon will convene the UN Secretary-General, the UN Global Compact Board, and engaged CEOs to discuss the 2025 policy advocacy roadmap. Topics will include positioning CEO voices for policy enablers and key global transitions, with outcomes feeding into the Global Compact’s 25th anniversary, the World Social Summit, COP30, and Financing for Development.

Water Resilience Coalition CEO Circle
Date
: 21 January 2025
Time: 14:00 – 16:00 CET
This invitation-only event will focus on the “Transformative Role of AI for Water Resilience,” featuring discussions on innovative AI applications, mitigating risks, and enhancing water resilience.

From Silos to Synergy: Procurement’s Role in Advancing the SDGs
Date
: 22 January 2025
Time: 7:00 – 8:30 CET
This dynamic panel will examine sustainable procurement as a driver of the SDGs, with bold strategies for empowering women- and youth-led enterprises, leveraging AI for decision-making, and reshaping industries. The discussion will explore fast-tracking procurement to deliver profitability and sustainability.

MEDIA OPPORTUNITIES:

  • Access to high-level discussions and thought leaders.
  • Interview opportunities with UN Global Compact leadership, including Sanda Ojiambo.
  • Press materials and key reports on advancing the SDGs.

ADDITIONAL INFORMATION:
For more details and a complete listing of all sessions at the SDG Tent, please visit: https://events.unglobalcompact.org/WEF25

Notes to Editors

About the UN Global Compact
The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 63 Country Networks covering 80 countries and 13 Country Managers establishing Networks in 18 other countries, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting business for a better world.

WiMi Develops a Hybrid CPU-FPGA Quantum AI Simulator

BEIJING, Jan. 15, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the development of a hybrid CPU-FPGA quantum AI simulator. The development of the quantum AI simulator aims to simulate the behavior of quantum computers, enabling testing and optimization of quantum algorithms on existing classical computers. Traditional simulators are often limited by the computational power of the CPU, making it difficult to handle large-scale quantum systems. To overcome this limitation, WiMi has adopted a hybrid CPU-FPGA approach, combining the versatility of the central processing unit (CPU) with the parallel processing capabilities of the field-programmable gate array (FPGA).

The core technical framework of WiMi’s CPU-FPGA architecture simulator consists of two main components:

CPU part: Responsible for handling the high-level logic and complex algorithmic tasks of the simulator. The powerful computational capabilities of the CPU enable the simulator to execute complex quantum algorithms and machine learning models.

FPGA part: Specifically designed for executing parallel computing tasks such as simulating quantum states and performing quantum gate operations. The parallel processing capabilities of the FPGA significantly enhance the computational speed of the simulator while reducing power consumption.

The WiMi CPU-FPGA hybrid quantum AI simulator utilizes the parallel processing capabilities and programmability of FPGA to execute specific quantum computing tasks. FPGA (Field-Programmable Gate Array) is a hardware device that can be programmed to perform specific tasks, enabling custom parallel computing operations, which is particularly important in handling quantum algorithms. By integrating FPGA into the simulator, the simulation speed of quantum algorithms can be significantly enhanced, while reducing power consumption.

Another key aspect of the WiMi hybrid CPU-FPGA approach is the implementation of software-hardware co-design optimization. At the software level, a dedicated simulator framework has been developed, which efficiently manages quantum states and performs quantum gate operations. This framework is tightly integrated with the hardware layer, ensuring efficient execution of algorithms. At the hardware level, the CPU and FPGA are closely interconnected through high-speed interfaces, enabling seamless collaboration between the two to accomplish complex computational tasks.

Furthermore, this technical approach also involves a deep understanding of existing quantum computing and AI technologies. The quantum AI simulator is not just a simple simulation tool; it must be able to adapt to evolving quantum algorithms and AI models. Therefore, the design of the simulator needs to have sufficient flexibility and scalability to support future technology upgrades and the development of new algorithms.

WiMi hybrid CPU-FPGA quantum AI simulator technology framework:

Hardware layer: The simulator employs high-performance CPUs and customized FPGA chips, which are tightly interconnected through high-speed interfaces.

Software layer: A dedicated software framework has been developed to support the simulation of quantum algorithms and the training of AI models. The software framework includes quantum state management, quantum gate operations, and machine learning algorithm libraries.

Interface layer: Compatibility with existing quantum computing software and AI platforms is provided, ensuring that the simulator can seamlessly integrate into existing research and development workflows.

The technical logic of WiMi’s hybrid CPU-FPGA quantum AI simulator is a complex process that involves multiple dimensions and levels. It encompasses aspects such as hardware architecture selection, software-hardware co-optimization, technical compatibility, and meeting practical application requirements. The implementation of this technical logic not only drives technological advancements in the fields of quantum computing and artificial intelligence but also provides new possibilities for future computing technology development.

WiMi has developed a powerful tool in the form of a hybrid CPU-FPGA quantum AI simulator, which is available to businesses and research institutions for exploring the potential of quantum algorithms and developing new AI applications. With the continuous advancement of quantum computing technology, this type of simulator is expected to play a crucial role in future quantum computing and AI research. Through the hybrid CPU-FPGA approach, WiMi is driving the development of quantum AI simulation technology and opening up new avenues for the integration of quantum computing and artificial intelligence. The application of this innovative technology will accelerate the research on quantum algorithms and facilitate the fusion and progress of quantum computing and AI technologies.

About WiMi Hologram Cloud
WiMi Hologram Cloud, Inc. (NASDAQ:WiMi) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

Cision Welcomes Guy Abramo as New Chief Executive Officer

CHICAGO, Jan. 15, 2025 /PRNewswire/ — Cision, a leader in consumer and media intelligence solutions, is pleased to announce the appointment of Guy Abramo as its new Chief Executive Officer, effective immediately.

Guy Abramo joins Cision as Chief Executive Officer

Guy brings more than 25 years of executive leadership experience, having driven growth and transformation across diverse industries. Most recently, Guy served as CEO of HireRight, where he led its IPO in 2021 and its take-private transaction in 2024. Prior to this, Guy held leadership roles at Experian, Ingram Micro, Exxon/Mobil, and KPMG Consulting, earning a reputation for innovation and operational excellence.

“Guy’s leadership and ability to deliver results make him the ideal choice to lead Cision into its next chapter,” said Brandon Crawley, Managing Director at Platinum Equity, which acquired Cision in 2021. “We are confident that under his guidance, Cision will continue to strengthen its position as a trusted partner to our customers while driving growth and innovation.”

Guy holds a Bachelor’s degree in Chemical Engineering from NJIT and an MBA from Georgetown University. Based in Las Vegas, he is eager to engage with Cision’s global team and customer base.

“Cision is a dynamic company with a strong legacy and an incredible future,” said Guy Abramo, Cision CEO. “I am honored to join this team and look forward to collaborating with employees, customers, and stakeholders to build on our momentum and achieve new milestones together.”

About Cision
Cision is a global leader in consumer and media intelligence, engagement, and communication solutions. We equip PR and corporate communications, marketing, and social media professionals with the tools they need to excel in today’s data-driven world. Our deep expertise, exclusive data partnerships, and award-winning products, including CisionOne, Brandwatch, and PR Newswire, enable over 75,000 companies and organizations, including 84% of the Fortune 500, to see and be seen, understand and be understood by the audiences that matter most to them.

Contact Information:
For media inquiries, please contact:
Cision Public Relations
CisionPR@cision.com

REALTY ONE GROUP IS THE NO. 1 REAL ESTATE BRAND FOR THE FOURTH YEAR IN A ROW

While Others Decline, the UNBrokerage is Again Named to Entrepreneur’s Prestigious Franchise 500(R) List For its Explosive Growth and Viability

LAGUNA NIGUEL, Calif., Jan. 15, 2025 /PRNewswire/ — Realty ONE Group, a modern, purpose-driven lifestyle brand and ONE of the fastest-growing franchisors in the world, is the No. 1 real estate brand for the fourth year in a row on Entrepreneur’s highly-competitive 2025 Franchise 500® list, just as the global franchisor celebrates its 20th anniversary this year.

This is the ninth year that Realty ONE Group has made the list, continuing to climb the rankings every year, with its closest real estate competitor now nearly 20 positions behind.

Claiming the No. ONE spot on this widely-esteemed list, for the fourth consecutive year, further fuels the momentum we’re bringing into 2025 and our 20th anniversary,said Kuba Jewgieniew, CEO and Founder of Realty ONE Group. “And every year, as a result of testimonials like this and from our own raving fans around the world, real estate professionals and entrepreneurs come to us looking to share in the success and be a part of something special and UNique in this industry.”

Entrepreneur named Realty ONE Group International to the list for its network growth, financial strength, and brand power and said in a press release that… “The Franchise 500 is more than a list. It’s really a collection of life-changing opportunities, featuring strong and resilient brands that future franchisees will be proud to be a part of.”

The lifestyle brand continues to evolve all aspects of its full-service offerings, including its proprietary technology zONE, business coaching platforms, ONE University and all aspects of its 6C’s. The UNBrokerage as it is known in the industry has more than 20,000 real estate professionals in more than 450 offices in 49 states, Washington D.C., and 24 more countries, recently expanding into Bonaire and Curacao.

Learn more at www.OwnAOne.com.

About Realty ONE Group International
Realty ONE Group International is one of the fastest growing, modern, purpose-driven lifestyle brands in real estate whose ONE Purpose is to open doors across the globe – ONE home, ONE dream, ONE life at a time. The organization has rapidly grown to more than 20,000 real estate professionals in over 450 locations across 24 countries and territories because of its proven business model, full-service brokerages, dynamic COOLTURE, superior business coaching through ONE University, outstanding support and its proprietary technology, zONE. Realty ONE Group International has been named the number ONE real estate brand by Entrepreneur Magazine for three consecutive years and continues to surge ahead, opening doors, not only for its clients but for real estate professionals and franchise owners. To learn more, visit www.RealtyONEGroup.com.

Stämm’s Continuous Bioreactor Increases Antibody Productivity by up to 30x in European and American Pilots

Pilot runs in Europe and South America show breakthrough efficiency in monoclonal antibody production with unprecedented cost savings and scalability using Stämm’s bubble-free continuous laminar flow bioreactor: the Bioprocessor.

SAN FRANCISCO, Jan. 15, 2025 /PRNewswire/ — Stämm unveiled breakthrough results of its continuous bioreactor for monoclonal antibody production with pilot studies in Germany, Switzerland, and Argentina. It achieved a minimum of 15x greater volumetric productivity, projecting up to 50x during 2025. It also consistently evidenced up to 4x cellular density and specific productivity. The Bioprocessor, a plug-and-play desktop unit, cuts costs compared to traditional fed-batch systems and eliminates downtime while maintaining quality, working with both adherent and suspension cultures.

Stämm’s bubble-free continuous laminar flow bioreactor: the Bioprocessor.

As healthcare faces an increasing demand for therapies, Stämm enables the commercialization of biosimilars and different biologics for chronic and complex diseases such as oncology, inflammation, and immunology-related diseases. The biomanufacturing process for cell and gene therapies also benefits thanks to a high surface to volume ratio, low shear stress, and automation capabilities.

Stämm’s closed-system design leverages single-use 3D-printed cartridges for seamless scalability and cost efficiency. With successful pilot implementations completed in under three months, the bioreactor is primed for global deployment and underserved markets. Its enhanced productivity stems from a homogeneous, stress-free environment that ensures consistent optimal conditions, including high gas exchange.

As the industry approaches a patent cliff, Stämm positions itself as an ideal partner in facilitating accessible and scalable biomanufacturing solutions. With early adopter partnerships underway, Stämm’s approach is set to redefine biomanufacturing standards and enable next-generation medicines, fostering innovation in biologics production worldwide.

About Stämm

Founded in 2016, Stämm is a biomanufacturing company developing novel, fully automated bioprocessors to transform biologics production. Their continuous, bubble-free manufacturing platform with a novel 3D printed bioreactor enhances yields, reduces costs, and minimizes footprint and energy consumption. Stämm’s approach enables a scalable and energy-efficient solution for challenging biologics and cell therapy manufacturing.

Dedicated to making biomanufacturing easy, scalable, and repeatable, Stämm’s solutions are decentralizing bioprocesses, thus freeing their partners to focus on the disruptive discoveries that make an impact on people’s lives. For more information, please visit Stämm’s website at https://www.stamm.bio/

Dr. Sultan Al Jaber Unveils ‘World First’ 24/7 Renewables Project; Global Megatrends Call for New Path to Socioeconomic Progress

  • At opening of ADSW 2025, HE Dr. Al Jaber unveils world’s first renewable and battery storage facility to provide uninterrupted power, at scale, around the clock in Abu Dhabi. Unwavering support of UAE leadership enables breakthrough to “moonshot challenge” of intermittency.
  • Masdar and EWEC partner on largest of its kind megaproject combining 5.2GW of Solar PV with 19GW hours of battery storage to produce 1GW of continuous baseload renewable energy.
  • Calls for all stakeholders, industries and governments to unite around a single path to unlock growth, drive sustainable economic progress and unleash unprecedented economic opportunity.
  • Global megatrends of AI and growth of emerging markets driving power demand from 9,000GW to over 15,000GW by 2035 and could reach 35,000GW by 2050.
  • Dr. Al Jaber declares world is at “nexus of next”- a watershed moment that holds the opportunity to supercharge socioeconomic progress driven by megatrends
  • Despite gains in renewable energy adoption, surge in global energy demand requires a diversity of energy options.
  • Policies and regulations that prematurely reduce energy options are self-defeating. Energy and sustainability are not opposing forces, they are essential partners, Dr. Al Jaber says.
  • Abu Dhabi’s XRG will help respond to emerging energy needs across the entire value chain, including gas, chemicals, low carbon fuels and energy infrastructure.

ABU DHABI, UAE, Jan. 15, 2025 /PRNewswire/ — At the opening ceremony of Abu Dhabi Sustainability Week 2025 and the awards ceremony of the Zayed Sustainability Prize, HE Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Masdar Chairman, called for a new approach to unlock growth, drive sustainable economic progress and unleash unprecedented economic opportunity. At the first major international event of 2025, he noted that the world stands at a pivotal moment for progress driven by the global megatrends of emerging market growth, exponential rise of Artificial Intelligence and transformation of energy systems. Together these trends will require a diversity of energy sources to supercharge sustainable progress.

His Excellency Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar

H.E. Dr. Al Jaber was speaking in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE. Addressing an assembled audience which included 13 heads of state and over 140 ministers and government officials, he highlighted the UAE’s energy leadership – with world firsts and landmark achievements in solar, wind, nuclear, and AI, thanks to the far-sighted guidance of His Highness, the President of the UAE, and the legacy of the UAE’s founding father Shiekh Zayed Al Nahyan.

World stands at a pivotal moment

“As we enter the second quarter of the 21st century, we find ourselves at a pivotal moment. We are standing at the edge of two worlds, the world as we know it, and the world as it could be. This is a moment that I like to call ‘the nexus of next,'” HE Dr. Al Jaber said.

He emphasized that the world was poised at an inflection point driven by three powerful forces: the growth of emerging markets, the fundamental transformation of our energy systems, and the exponential growth of AI; with the potential to not just accelerate progress, but to “put progress into overdrive”.

UAE advancing leadership in energy, space and international diplomacy

HE Dr. Al Jaber said the UAE embodies “the nexus of next” as a nation uniquely positioned at the intersection of tradition and transformation, made possible under the legacy of the founding father of the UAE, Sheikh Zayed. Turning to His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, Dr Al Jaber continued,

“This legacy of leadership continues to this day. Your Highness, you are constantly inspiring us to break new ground. Under your guidance, we have set records in solar. From the biggest single site power plant to a world-leading desalination plant. We have set the pace in wind, creating wind farms that can operate in rough seas and at low speeds. We have set the bar in nuclear, with all four units of the Barakah plant fully operational. We have set benchmarks in Artificial Intelligence, from the Mohamed bin Zayed University of Artificial Intelligence, the first ever home-grown university entirely dedicated to AI, to strategic investment vehicles like MGX. We have set foot in space, sent a probe to Mars and we are not stopping there. We will soon send a mission to the asteroid belt with the MBR Explorer, and we will map our planet with our own satellite, MBZ-SAT.

“And it was your call for unity that nurtured multilateralism, allowed determination to conquer doubt and brought the world together to deliver the historic UAE consensus at COP28,” HE Dr. Al Jaber added.

Overcoming the barrier of renewable energy intermittency

HE Dr. Sultan noted that intermittency has been for decades one of the biggest barrier facing renewable energy, the ability to source constant power 24 hours a day, but thanks to a record-breaking UAE project, that barrier had been overcome.

“For decades, the biggest barrier facing renewable energy has been intermittency. It has been the moonshot challenge of our time. How can we power a world that never sleeps with energy sources that do? How can we transform renewable resources into reliable power? Today, we have an answer. Excellencies, colleagues and friends, I am pleased to announce the launch of the world’s first renewable energy facility capable of providing renewable energy, at scale, around the clock.

“In partnership with the Emirates Water and Electricity Company, Masdar is combining 5.2GW of solar capacity with 19GW hours of storage to produce 1 GW of uninterrupted clean power. This will, for the first time ever, transform renewable energy into baseload energy,” HE Dr. Sultan added.

Calls for a diversity of energy options to meet the world’s future energy demands

He highlighted the power surge being created by the three global megatrends, and particularly the growth in AI, creating unprecedented demands on power production.

“Before AI took off, power demand was already on track to grow from 9,000 to over 15,000GW by 2035. But with apps like ChatGPT growing by half a billion visits every month and using ten times as much energy as a google search, demand by 2050 could reach as high as 35,000 GW. We are talking about a 250 percent increase.

I am sure you would all agree that no single source of energy can meet this demand.”

HE Dr. Al Jaber outlined the need for a diversity of energy options to ensure energy security and energy access for billions. In this regard he noted the newest addition to Abu Dhabi’s diversified energy portfolio, XRG. XRG is an energy investment company that will help respond to emerging energy needs across the entire value chain, including gas, chemicals, low carbon fuels and diverse energy infrastructure to ensure all energy- electrons and molecules- can get to the end user.

“In a world where a billion people still lack access to energy, we need to have a diversity of energy options. And allow me to be clear, policies and regulations that prematurely reduce those options are just self-defeating. Simply put, we need an and-and approach.

Highlighting the Zayed Sustainability Prize that puts people at the heart of progress

HE Dr. Al Jaber emphasized the importance of placing people at the heart of progress for the benefit of lives and livelihoods as embodied by the Zayed Sustainability Prize.

“The nexus of next means putting people at the heart of progress. It means uniting to address global challenges.

And it means recognizing that no discovery is worth making unless it helps humanity and improves lives. That is what the Zayed Sustainability Prize is all about. Thanks to the Prize, every day, somewhere in the world, a village drinks clean water for the first time. A child is able to study under solar-powered light. A farmer harvests crops from land that was once barren. This continues the legacy of Sheikh Zayed, who believed that the future we are creating is not just about generating power — it’s about empowering people.”

Setting a new path which unlocks growth, driving prosperity and unprecedented economic opportunity

In closing, Dr Sultan appealed for unity in charting a new path and new narrative that unites energy access and sustainability, calling for a new approach and new ways of thinking.

“For too long we have been trapped in a false choice between energy access and sustainability. This ‘either-or’ thinking is paralyzing progress. It is time to change the narrative. The truth is, energy and sustainability are not opposing forces. They are essential partners. The choice is not between two paths – it’s about creating a new path, together. A path that unlocks growth, drives prosperity and unleashes unprecedented economic opportunity. A path that delivers the nexus of next.”

About Masdar

Masdar (Abu Dhabi Future Energy Company) is one of the world’s fastest-growing renewable energy companies. As a global clean energy pioneer, Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the energy transition and help the world meet its net-zero ambitions. Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of over 31.5 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future.

Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year.

For more information, please visit: https://www.masdar.ae and connect: facebook.com/Masdar.ae and twitter.com/Masdar

PDF – https://mma.prnewswire.com/media/2597829/ADSW_Opening_Ceremony__Chairman_s_speech_Eng.pdf