Condor

NevGold Announces Positive Copper Porphyry Potential at the Zeus Copper Project in the Hercules Copper Trend, Idaho

Retrieved on: 
Thursday, April 18, 2024

It is also very encouraging that both projects have Triassic age plutons, which is the likely source of the copper porphyry mineralization at the Hercules Project.

Key Points: 
  • It is also very encouraging that both projects have Triassic age plutons, which is the likely source of the copper porphyry mineralization at the Hercules Project.
  • This suggests there is strong potential for discovery of a blind copper porphyry at Zeus as well.
  • As the figure shows, there are many similarities between the Hercules Project and Zeus Project.
  • Figure 4 Summary: Figure 4 is a cross-section looking north through the Mineral Project (Hercules) and Zeus Project (NevGold) in the Mineral District.

NevGold Announces Positive Copper Porphyry Potential at the Zeus Copper Project in the Hercules Copper Trend, Idaho

Retrieved on: 
Thursday, April 18, 2024

It is also very encouraging that both projects have Triassic age plutons, which is the likely source of the copper porphyry mineralization at the Hercules Project.

Key Points: 
  • It is also very encouraging that both projects have Triassic age plutons, which is the likely source of the copper porphyry mineralization at the Hercules Project.
  • This suggests there is strong potential for discovery of a blind copper porphyry at Zeus as well.
  • As the figure shows, there are many similarities between the Hercules Project and Zeus Project.
  • Figure 4 Summary: Figure 4 is a cross-section looking north through the Mineral Project (Hercules) and Zeus Project (NevGold) in the Mineral District.

SILVERCORP TO ACQUIRE ADVENTUS, CREATING A GEOGRAPHICALLY DIVERSIFIED MINING COMPANY BY ADDING THE ADVANCED EL DOMO PROJECT

Retrieved on: 
Friday, April 26, 2024

At closing, existing Silvercorp and Adventus shareholders will own approximately 81.6% and 18.4%, respectively, of Silvercorp shares outstanding on a fully-diluted in-the-money basis.

Key Points: 
  • At closing, existing Silvercorp and Adventus shareholders will own approximately 81.6% and 18.4%, respectively, of Silvercorp shares outstanding on a fully-diluted in-the-money basis.
  • We would also like to acknowledge the hard work and contributions to the El Domo project by our future partners at Salazar Resources.
  • Silvercorp will continue to work collaboratively with Salazar as El Domo is advanced into construction and ultimately operations."
  • Combining the companies positions us well to deliver on El Domo and our other projects in collaboration with the government, local communities, and all stakeholders."

Cerebras and G42 Break Ground on Condor Galaxy 3, an 8 exaFLOPs AI Supercomputer

Retrieved on: 
Wednesday, March 13, 2024

Cerebras Systems , the pioneer in accelerating generative AI, and G42 , the Abu Dhabi-based leading technology holding group, today announced the build of Condor Galaxy 3 (CG-3), the third cluster of their constellation of AI supercomputers, the Condor Galaxy.

Key Points: 
  • Cerebras Systems , the pioneer in accelerating generative AI, and G42 , the Abu Dhabi-based leading technology holding group, today announced the build of Condor Galaxy 3 (CG-3), the third cluster of their constellation of AI supercomputers, the Condor Galaxy.
  • The Cerebras and G42 strategic partnership already delivered 8 exaFLOPs of AI supercomputing performance via Condor Galaxy 1 and Condor Galaxy 2, each amongst the largest AI supercomputers in the world.
  • Located in Dallas, Texas, Condor Galaxy 3 brings the current total of the Condor Galaxy network to 16 exaFLOPs.
  • By doubling the capacity to 16 exaFLOPs, we look forward to seeing the next wave of innovation Condor Galaxy supercomputers can enable.”
    At the heart of Condor Galaxy 3 are 64 Cerebras CS-3 Systems.

Cerebras Systems Unveils World’s Fastest AI Chip with Whopping 4 Trillion Transistors

Retrieved on: 
Wednesday, March 13, 2024

The latest Cerebras Software Framework provides native support for PyTorch 2.0 and the latest AI models and techniques such as multi-modal models, vision transformers, mixture of experts, and diffusion.

Key Points: 
  • The latest Cerebras Software Framework provides native support for PyTorch 2.0 and the latest AI models and techniques such as multi-modal models, vision transformers, mixture of experts, and diffusion.
  • We could not be more proud to be introducing the third-generation of our groundbreaking wafer-scale AI chip,” said Andrew Feldman, CEO and co-founder of Cerebras.
  • “WSE-3 is the fastest AI chip in the world, purpose-built for the latest cutting-edge AI work, from mixture of experts to 24 trillion parameter models.
  • Condor Galaxy 3 will be built with 64 CS-3 systems, producing 8 exaFLOPs of AI compute, one of the largest AI supercomputers in the world.

Cerebras and G42 Break Ground on Condor Galaxy 3, an 8 exaFLOPs AI Supercomputer

Retrieved on: 
Wednesday, March 13, 2024

SUNNYVALE, Calif., March 13, 2024 /PRNewswire/ -- Cerebras Systems, the pioneer in accelerating generative AI, and G42, the Abu Dhabi-based leading technology holding group, today announced the build of Condor Galaxy 3 (CG-3), the third cluster of their constellation of AI supercomputers, the Condor Galaxy. Featuring 64 of Cerebras' newly announced CS-3 systems – all powered by the industry's fastest AI chip, the Wafer-Scale Engine 3 (WSE-3) – Condor Galaxy 3 will deliver 8 exaFLOPs of AI with 58 million AI-optimized cores.

Key Points: 
  • Featuring 64 Cerebras CS-3 Systems, Condor Galaxy 3 Doubles Performance at Same Power and Cost
    SUNNYVALE, Calif., March 13, 2024 /PRNewswire/ -- Cerebras Systems , the pioneer in accelerating generative AI, and G42 , the Abu Dhabi-based leading technology holding group, today announced the build of Condor Galaxy 3 (CG-3), the third cluster of their constellation of AI supercomputers, the Condor Galaxy.
  • Featuring 64 of Cerebras' newly announced CS-3 systems – all powered by the industry's fastest AI chip, the Wafer-Scale Engine 3 (WSE-3) – Condor Galaxy 3 will deliver 8 exaFLOPs of AI with 58 million AI-optimized cores.
  • The Cerebras and G42 strategic partnership already delivered 8 exaFLOPs of AI supercomputing performance via Condor Galaxy 1 and Condor Galaxy 2, each amongst the largest AI supercomputers in the world.
  • Located in Dallas, Texas, Condor Galaxy 3 brings the current total of the Condor Galaxy network to 16 exaFLOPs.

Skyharbour’s Partner Company North Shore Uranium Provides Falcon Uranium Property Drill Program Update

Retrieved on: 
Wednesday, February 28, 2024

Vancouver, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (“Skyharbour” or the “Company”), is pleased to announce that its partner company, North Shore Uranium (“North Shore”) has provided an update on the upcoming drill program at the 55,699 hectare Falcon Uranium Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan.

Key Points: 
  • Vancouver, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (“Skyharbour” or the “Company”), is pleased to announce that its partner company, North Shore Uranium (“North Shore”) has provided an update on the upcoming drill program at the 55,699 hectare Falcon Uranium Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan.
  • North Shore has further refined its targeting criteria and the drill program is set to commence in mid-March.
  • North Shore plans to drill test up to three targets along a strong, dominantly northeast-trending EM conductor system at the southern end of the property.
  • Working with TerraLogic and Condor, North Shore is in the final stages of ranking and prioritizing drill targets for the March program.

Association of Bioscience Financial Officers Announces Preliminary Program for 2024 National Conference in Boston May 28-31

Retrieved on: 
Wednesday, February 14, 2024

ABFO's National Conference is the only annual event focused exclusively on the hot topics and trends impacting the work of bioscience finance team members.

Key Points: 
  • ABFO's National Conference is the only annual event focused exclusively on the hot topics and trends impacting the work of bioscience finance team members.
  • "The ABFO National Conference is at an ideal time of the year for financial officers to connect and address the many opportunities and challenges that we face in our work.
  • The early registration period was very strong, and we expect more than 200 industry professionals to join us at the conference."
  • The ABFO National Conference is supported by Aon, Bank of America Merrill Lynch, Capital Advisors Group, Condor, Coupa, Donnelley Financial Solutions (DFIN), Ernst & Young LLP, Goodwin, Oxford Finance and Russo Partners.

Arevon and Blackstone Credit & Insurance Close $350 Million Preferred Equity, Debt, and ITC Transfer Financing for Condor Energy Storage Project

Retrieved on: 
Tuesday, February 13, 2024

NEW YORK and SCOTTSDALE, Ariz., Feb. 13, 2024 /PRNewswire/ -- Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, together with Blackstone Credit & Insurance (BXCI), today announced a successful financial close for the 200 megawatt/800 megawatt-hour Condor Energy Storage Project (Condor) currently under construction in Grand Terrace, California.

Key Points: 
  • The project will be capable of providing firming capacity, enhancing grid reliability and stability alongside increased adoption of renewable energy resources.
  • Blackstone's preferred equity investment in Condor is structured to simplify the monetization of tax credits, eliminating the need for traditional tax equity financing.
  • Zachary Rubenstein, Managing Director in the Blackstone Credit & Insurance Sustainable Resources Group, commented "Arevon is a world-class renewable energy company, and we are excited to be their partner on the Condor financing.
  • Arevon secured real estate financing from climate investment firm HASI related to the Condor Energy Storage Project land.

Cerebras Systems and Barcelona Supercomputing Center Train Industry-Leading Multilingual Spanish Catalan English LLM

Retrieved on: 
Wednesday, January 31, 2024

Cerebras Systems, the pioneer in accelerating generative AI, today announced that the Barcelona Supercomputing Center (BSC) has completed training FLOR-6.3B, the state-of-the-art English Spanish Calatan large language model.

Key Points: 
  • Cerebras Systems, the pioneer in accelerating generative AI, today announced that the Barcelona Supercomputing Center (BSC) has completed training FLOR-6.3B, the state-of-the-art English Spanish Calatan large language model.
  • FLOR-6.3B continues Cerebras’ leading work on multilingual models, a trend that started with the introduction of Jais , the leading Arabic English model.
  • As Catalan has a fraction of the data that is typically needed to train a model, innovative AI training techniques were created.
  • Catalan and Spanish are low and mid-resourced languages relative to English.